Quantshare: Recommended for Quantitative Analysts who develop robust automated systems and value a huge selection of shared user-generated systems and powerful technical analysis tools.
QuantShare Review Test Results & Ratings
|💸 Pricing & Software||★★★★✩|
|📰 News & Social||★★★★✩|
|📈 Charts & Analysis||★★★★✩|
QuantShare Review Summary
This QuantShare review recommends this software to quantitative analysts who develop powerful automated systems and value a huge selection of shared user-generated systems and powerful technical analysis tools. The use of AI & Neural Network learning is interesting, but you will need to have programming skills to master this software.
QuantShare Review: Key Features
|⚡ Features||Advanced Charts, Scanning|
|🏆 Unique Features||Customized for Quants & Programming Skills|
|🎯 Best for||Stock Traders|
|♲ Subscription||Lifetime 1 Payment|
- Good For Quants Wanting To Automate Trading
- Sharing Servers For System Sharing
- Active Community
- Very Good Back-Testing
- AI & Neural Network Learning
- Programming Knowledge Required
- Old School Windows Interface
- No Customer Support Number
What is Quantshare?
Quantshare is a Windows-based stock analysis software package that operates primarily offline. Quantshare offers charting, 300+ Indicators, and portfolio analysis tools. Interestingly, Quantshare has AI and Neural Network learning functionality and even automated trading with IB for the hardcore quantitative analyst.
If you Backtest, Forecast, and Program Algorithms to Auto-Trade, then Quantshare could be for you.
QuantShare Pricing and Software
Unlike most stock market analysis software today, you can purchase a lifetime Quantshare license, meaning you do not need to pay a monthly subscription; this means it is incredibly cost-effective.
|Charting, Screening & Watchlists||✔||✔|
|Backtesting AI & Neural Network||✔||✔|
|Market Depth & L2 Data||X||✔|
Once you have developed your stock market system with Quantshare and the backtesting and forecasting meet your estimated risk-reward metrics, then you have the option of implementing auto-trading. Auto-trading means essentially that the trade signal that your algorithms produce will be automatically sent to a broker for execution.
Quantshare support connection to only one broker; that broker is Interactive Brokers (IB). This keeps things simple, and IB is a good broker with a low commission structure and access to global markets. Read our Interactive Brokers Review for more information.
Scanning and Screening
In terms of market scanning and screening, the data you can select are essentially technical data based on stock price, volume, and plotted indicators. You will not find fundamental screening such as EPS, PE Ratio, or Cash Flow.
Watch-lists can be tricky to set up—further, development is required here.
News & Social
Including news and the StockTwits integration save the day here for QuantShare, the news is not real-time but certainly does add value.
There are scripts within Quantshare that allow you to scrape sites like Google News and then plot the news on a chart. This allows you to correlate the news stories and the historical impact the stories had on the price patterns. This is not real-time news, and it can only give you a historical perspective.
In terms of social, there is no live communication or chat service, but there are forums and sharing servers, which enable people to connect and share stock trading systems and algorithms.
To show how the QuantShare News reporting works watch this video.
Video: Setting Up QuantShare News Analysis
Stock Systems and Back Testing
QuantShare specializes, as the name suggests, in allowing Quantitative Analysts the ability to Share stock systems.
This means they have a huge systems marketplace with a lot of accessible content that you can test and use.
If you have a programmatic mind, you can implement and test an endless list of possibilities. They do also offer Point & Click implementation of systems.
The system setup wizard is straightforward to use and includes a ranking system to prioritize the weighting of different selection factors.
What is great is they also have Artificial Intelligence integrations via the AI Optimizer, allowing the system to combine different rules to see which rules work best together.
They also have powerful prediction models using Neural Networks.
This is an advanced software for those with the inclination to test, forecast, predict, and automate.
Ease Of Use
This software package is not the easiest to use, and the interface requires serious development effort. The learning curve will take a time investment on your part.
Quantshare Review Summary
This Quantshare review recommends this product for quantitative analysts who develop powerful automated systems and value a huge selection of shared user-generated systems and powerful technical analysis tools. The use of AI & neural network learning is interesting, but you will need to have programming skills to master this software.
Recommended Alternatives to Quantshare
- Stock Rover: Provides automated trendline and chart pattern recognition, with built-in backtesting.
- MetaStock: Review Winner Best Backtesting & Forecasting Software, with Real-time News
- TradingView: Review Winner Best Stock Analysis Service, with Screening, Backtesting & the largest online trading community.
QuantShare Services Data Sheet
This QuantShare review recommends this software to quantitative analysts who develop powerful automated systems and value a huge selection of shared user-generated systems and powerful technical analysis tools.
Product SKU: NA
Product Brand: QuantShare
Product Currency: USD
Product Price: 245
Price Valid Until: 2024-02-26
Product In-Stock: InStock