EquityFeed Review – Day Trader Heaven [2018]

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EquityFeed – Review Score 82%

EquityFeed - Deal NewsRecommended for Day Traders, who want a super simple and slick workflow, real-time streaming charts & news and unique Level II data, Dollar Volume Information & excellent broker integration

With their slogan “Find It, Trade It, Profit” EquityFeed is considered a gold standard for Day Traders.

Pricing & Software – 9/10EquityFeed specializes in providing real-time data and news fast directly to your screen.  With a medium price point, it is neither cheap or expensive, but you do get a lot for your money as we will explore later in this review.

Data speeds are excellent and it has excellent U.S. data coverage including extensive Over The Counter markets (OTC:BB, OTCQX, OTCQB, OTCPINK, GREY)

Trade Management – 10/10 – EquityFeed has introduced the “Chart Montage” functionality, which enables an ultrapowerful way of trading off the charts.

This single window contains a wealth of critical trading information, including real-time streaming news, level 2 data, including time and sales.  Also, Equity Feed is the only software to offer the Dollar Volume data.

The EquityFeed Team have a fantastic set of integrations to your broker to enable this, which includes TD Ameritrade and Interactive Brokers two of the powerhouses of the brokerage world.

Fundamental Scanning & Screening – 9/10 – EquityFeed contains many fundamental screens.  But what is the key for days traders?  The ability to scan entire markets for liquidity and volume patterns to find volatility you can trade for a profit.  This is the EquityFeed unique offering.

equityfeed fundamental scanner
EquityFeed Fundamental Scanner in action

News – 9/10 – A top placing and definitely worth mentioning this year is the deal news section in EquityFeed.

I really like the simple implementation, you can get the low down on contracts and deals struck between companies.  This can give you an edge if you can quantify the impact of the deal on the companies bottom line.

EquityFeed also has a strong focus on news, but it is let down by having no social integration.

EquityFeed Streaming News
EquityFeed Streaming News

Technical Analysis 8/10In third place in this round, EquityFeed does not offer as many chart patterns or chart indicators as it’s competitors, but it does not have to.  Most people will only use 5% of the indicators available, and fortunately, EquityFeed covers all the important ones.  The power here is in the technical analysis screening, which is very fast, seamless and powerful.

Stock Systems & Back Testing – 4/10EquityFeed is not designed for extensive backtesting, but it is designed to help you streamline your day trading system.  Plenty of off the shelf technical and liquidity scans greet you on opening the program.  The great thing is they all operate in real-time so they continue to update.

Ease of Use 18/20In the development process EquityFeed have opted to keep everything on the surface super simple and intuitive to use.  However, don’t be fooled by the power underlying the streamlined interface, which in a few clicks you will be viewing Level II liquidity data and buying directly from the charts.

I have been extremely impressed with the progress EquityFeed is making in their product and carving out their Day Trader Niche.

VendorEquityFeed
Pricing & Software
Monthly End of DayN/A
Monthly Real Time$135 -
$250
Software Only Fee
Customizable Data Feeds
Customer Service & EducationEmail Only
PC
For MAC
Tablets Smartpones
Market Data CoverageU.S.A. inc OTC
Data SpeedExcellent
Stocks
ETF
Mutual Funds
Options
Futures
Forex
Bonds
Pricing & Software Score9
Trade Management
Broker Integration Stocks
Broker Integration Options
Place Trades from Charts
Live Position P&L
P&L Analysis
Trade Management Score10
Fundamental Scanning & Screening
Real Time Scanning & Filtering
Fundamentals Scanning
Watch Lists with Fundamentals
Extended Economics Fundamentals (New)
Fundamental Screening Score9
Technical Analysis & Charts
Multiple Charts Per Desktop
Bar Line HLC Candlestick
Point & Figure
Equivolume
Indicators
Bollinger Bands
Directional Movement
Ichimoku Cloud
MACD
Momentum
Money Flow
Moving Averages
Parabolic SAR
Rate of Change
Relative Strength / RSI
Stochastics
Volume at Price
Custom Indicator Development
Volume
Darvas Box
Elliot Wave
Total Number of Indicators11
Drawing Tools
Fibonacci Retracement
Fibonacci Time
Fibonacci Fan
Trend Lines
Text Overlay
Automated Alerts
Technical Analysis Score8
News & Social
News Feed
Real-Time News Feed
Economics & Deal NewsDeal News
Market Commentary
Community Chat
News Score9
Systems & Back-testing
System Marketplace
Create Customizable Systems
Back Testing Point & Click
Back Testing Programmatic
Forecasting (new)
Robotic Trading (new)
Systems & Back-testing Score4
Setup & Usability
SW Setup9
Ease of Use Score9
Total Points18

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Do you use EquityFeed, share your experiences and favorite features with us all in the comments below.

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