- Pricing and Software
- Trade Management
- Fundamental Screening
- News & Social
- Technical Analysis
- Systems & Backtesting
eSignal provides a technical analysis charting and stock screening service. eSignal offers the analysis of Stocks, Futures, Forex, and Options. The entry-level service starts at $54. eSignal provides a technical analysis charting, real-time news, and stock screening service. eSignal offers the analysis of Stocks, Futures, Forex, and Options.
- Good quality charts
- Good selection of indicator
- Stocks, Forex, Futures & Options
- Good Market Depth Scanning
- Backtesting Possible
- Excellent Trade Execution
- Expensive for the Full Scanning Package
- No Real-time News Included (extra cost)
Recommended for those who want charts, scanning, broker & chart trading integration wrapped in an easy-to-use yet powerful and elegant interface. eSignal is, however, quite expensive and lacks real-time news.
Pricing & Software Score 4/5
eSignal offers a well-developed quality product looks great and has beautiful charts. It will run on your PC, Mac, Tablet, or Smartphone.
Not only that, but they also have global data coverage for all stock exchanges, breakneck data speeds, and cover all markets, from equities and ETFs to Futures and Forex. Unfortunately, there are extra exchange fees for the data.
eSignal Pricing Comparison
|Delayed Data||Real-time Data||News & Commentary|
|Screener||Options Data||Advanced Volume Analysis|
|Stock, Futures, Forex||Backtesting|
Trade Management Score 4.5/5
Sporting broker integration with TD Ameritrade, Interactive Brokers, and ten other brokers, eSignal has one of the best integrations of any software vendor.
You can place trades from charts, and the live profit and loss (P&L) analysis is well developed—another top score for eSignal.
Scanning & Screening Score 4/5
eSignal allows you to set up real-time scanning and screening of the markets with live updating watch lists.
eSignal could offer more in the form of scanning for fundamentals; however, you can list a huge array of fundamentals in your watch list columns.
News & Social Score 2.5/5
Newsfeeds and, more importantly, real-time news feeds are important to traders; eSignal offers a solid news stream that should not let you down. A lack of trader and community chat or market commentary means eSignal does not score a 10/10 for this section.
Technical Analysis Score 3.5/5
For the hardcore technical analyst, eSignal might not offer enough indicators for your liking, but how many is enough. eSignal has 22 indicators it calls “Studies,” and they work quite effectively.
However, full real-time alerting is integrated for the drawing tools and the indicators, meaning you do not need to miss the action even if you are not looking at the chart.
Stock Systems & Backtesting Score 3.5/5
eSignal has developed a good ecosystem of stock market system developers who can sell you their systems or develop yours for you. Because there is no point-and-click system development or backtesting, you will need to pay for the services.
Ease of Use Score 4/5
Easy to install and set up, the interface is intuitive and very reactive to market conditions.
eSignal Review Summary
While eSignal is a solid product offering, it is somewhat limited in its scope, and for the premium price point, one simply expects more.
If you are looking for software that can scan the entire U.S. and Canadian stock markets in real-time, I would strongly recommend TC2000, our review-winning software. If you are looking for the best technical analysis software with backtesting, real-time news, and forecasting, I suggest MetaStock + Refinitiv. Alternatively, if you are looking for the best real-time news service, you should investigate Benzinga Pro.
Finally, if you what a great mix of screening, charting, and a strong social trading community, then TradingView is something you should check out.