TradingView vs TrendSpider: 9 Epic Tests To See Who’s Best?

Which is best for you, TradingView or TrendSpider? This comparison highlights the strengths and weaknesses of both tools so you can choose wisely.

TradingView and TrendSpider are top charting tools; TradingView excels at live trading, community, and global data, and TrendSpider’s strength is AI pattern recognition.

As a certified market analyst and an active subscriber to both TrendSpider and TradingView, I believe I am uniquely positioned to compare the important strengths and weaknesses of these great chart analysis tools.

TradingView vs TrendSpider Summary

This comparison of TradingView vs. TrendSpider reveals that TradingView is best for the price, trading, social community, news, and screening. TrendSpider is best for multi-timeframe AI automated trend and pattern recognition. Both platforms offer excellent charts, solid backtesting, and good usability.

TradingView vs. TrendSpider Ratings  TradingView TrendSpider
🏅 Rating 4.6/5.0 4.2/5.0
💸 Pricing & Software ★★★★★ ★★★★★
🚦 Trading ★★★★★ ★★★✩✩
📡 Scanning ★★★★✩ ★★★★✩
💡 Pattern Recognition ★★★★✩ ★★★★★
📰 News & Social ★★★★★ ★★★✩✩
📈 Chart Analysis ★★★★★ ★★★★★
🔍 Backtesting ★★★★✩ ★★★★✩
🖱 Usability ★★★★★ ★★★★★
📑 Read the Full Review Review Review

🏅TradingView vs TrendSpider Ratings

TradingView scores 4.6/5.0 because it does everything well; TrendSpider scores 4.2/5.0 because it lacks social community, a news stream, and live trading. TrendSpider excels at using AI to auto-detect trendlines, Fibonacci, and candlestick patterns on multiple timeframes on a single chart.

Let’s take a look at the outstanding features head to head.

TradingView vs. TrendSpider
TradingView vs TrendSpider: Head-to-Head Comparison

⚡TradingView vs TrendSpider Features

Both TradingView and TrendSpider cover stocks, forex, futures, and crypto; the difference is that TrendSpider is US only, and TradingView is global. TradingView features a news stream and a ten million-user active social community sharing charts and ideas. TrendSpider has no news or social component.

Features TradingView TrendSpider
⚡ Features Charts, News, Watchlists, Screening Charts, Watchlists, Screening
🏆 Unique Features Trading, Backtesting, Community AI Automated Pattern Recognition
🎯 Best for Stock, Fx & Crypto Traders Stock, Fx & Crypto Traders
♲ Subscription Monthly, Yearly Monthly, Yearly
💰 price $0-$59/mo $44-$131/mo
💻 OS Web Browser Web Browser
🎮 Trial Free 30-Day Free 7-Day
🌎 Region Global USA
✂ Discount -50% Discount -40% Use Code “LIB40”
🏢 Visit Try TradingView Free Try TrendSpider Free
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💸 TradingView vs TrendSpider Pricing

TradingView beats TrendSpider for the price, offering free and cheaper premium services. But TrendSpider is an industry price leader for AI multi-timeframe pattern recognition.

TradingView pricing starts at $0 for the basic ad-supported plan; Pro costs $14.95, Pro+ $29.95, and Premium costs $59.95 per month. Opting for a yearly subscription will reduce those costs by 16%, representing a significant saving. There is a $2 additional cost per exchange if you want real-time data. I recommend the Pro or Pro+ services as they strike the right balance of power and price.

TrendSpider has no free plan, pricing starts at $44/mo for the Premium plan, Elite costs $87/mo, and Advanced costs $131/mo. Opting for a yearly subscription will reduce those costs significantly by 16%. With TrendSpider, all real-time data is included in the price. I recommend the Elite service as the best balance of price and features.

🥊 TradingView vs TrendSpider Discounts

TrendSpider offers a 40% price discount when using code “using code “LIB40”, TradingView offers discounts based on premium trials and a big Black Friday 60% discount.

Get TradingView Discounts

You can get up to a 60% discount on TradingView by following simple steps. Please find out more in our dedicated TradingView discounts article.

TrendSpider Coupon Code

Trendspider discount coupon code “LIB40” is verified and valid, granting a 40% discount. Simply use coupon code “Lib40” at checkout.

💾 TradingView vs TrendSpider Software

Both TradingView and TrendSpider offer powerful, easy-to-use software. TradingView has global market data and community, but TrendSpider’s data is US only and lacks social interaction.

Key Features TradingView TrendSpider
Global Market Data USA
Powerful Charts
Stocks
Futures
Forex
Cryptocurrency
Social Community
Real-time News
Screeners
Backtesting
Automated Analysis

🚦 TradingView vs TrendSpider: Trading

TradingView supports 27 different high-quality brokers, meaning tight integration so you can directly trade from charts and view your profit and losses directly in TradingView. TrendSpider has no broker integration, so you must manually enter trades with your current broker or use webhooks to program trades.

🎥 TradingView Review Video

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📡 TradingView vs TrendSpider Scanning

TradingView has integrated stock, forex, crypto screeners, and heatmaps, covering fundamental analysis and price/volume indicator scanning. TrendSpider primarily focuses on technical screening of price, volume, and indicators, including analyst rating changes and earnings announcements.

The TradingView stock screener comes complete with 160 fundamental and technical screening criteria; all the usual criteria are there, such as EPS, Quick Ratio, Pre-Tax Margin, and PE Ratio. But it also goes more in-depth with more esoteric criteria such as the number of employees, goodwill, and enterprise value.

TradingView Stock Screening - Simple and Effective
Screenshot: Review of the TradingView Stock Screener Comes With 150 Different Filters

TrendSpider’s Market Scanner enables you to scan a specific stock and the entire market for stocks matching your technical criteria; combining AI trend detection and analysis with the ability to scan the whole stock market is powerful.

🎥 TrendSpider Scanner Video

💡 TradingView vs TrendSpider Chart Pattern Recognition

TrendSpider beats TradingView for automated AI chart patterns and indicator recognition. TrendSpider can analyze millions of data points across multiple timeframes, which gives you a unique edge as a pattern trader. TradingView is also no slouch, providing automated candlestick recognition and thousands of community-developed indicators.

TrendSpider’s automated trendline detection saves a lot of time for traders, speeds up morning trade review preparation, and improves accuracy. TrendSpider’s algorithm correlates all the bars on a chart and draws the trendlines automatically, ready for your review.

TrendSpider’s automated chart trendline detection and plotting do a better job than a human can. TrendSpider’s algorithms can detect thousands of trendlines and flag the most important ones with the highest backtested probability of success.

Automated Trendlines with TrendSpider
Automated Trendlines with TrendSpider

The multi-timeframe analysis means being able to view multiple timeframe charts on a single chart with the trendlines plotted automatically. Another great feature is the advanced plotting of support and resistance lines into a subtlely integrated chart heatmap. TrendSpider’s multi-timeframe analysis is not just for trendlines; it works with 42 stock chart indicators to ensure you do not miss anything.

📰 TradingView vs TrendSpider News & Social

TradingView beats TrendSpider for social community and financial news. TradingView is built with social at the forefront and is the best for social sharing and learning; forget StockTwits, Tradingview is the best. TradingView’s fully integrated chat forum and publishing system are an excellent way to share your charts and ideas. TrendSpider does not have a social community or a newsfeed.

Check out my published ideas on TradingView and follow me for stock market and analysis ideas and commentary.


Chart, Scan, Trade & Join Me On TradingView for Free
 
Why not join me and 10 million traders on TradingView for free. TradingView is the best place to meet other investors, share ideas, chart, screen, and chat.
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📈 TradingView vs TrendSpider Chart Analysis

Both TrendSpider and TradingView offer broad, powerful chart analysis features. TradingView has 160 different indicators and unique specialty charts such as LineBreak, Kagi, Heikin Ashi, Point & Figure, and Renko. TrendSpider has over 100 chart indicators and offers line, bar, candlestick, Heiken Ashi, and patented Raindrop charts.

TradingView has an exceptional selection of chart drawing tools, including tools unavailable on other platforms like extensive Gann & Fibonacci tools, 65 drawing tools, and hundreds of icons for your charts, notes, and ideas. TrendSpider offers 23 different chart annotation tools.

TradingView’s innovative Buy and Sell gauges save you time by providing an instant readout of which stocks are bullish, bearish, or neutral.

TradingViews’s stock indicator ratings are well implemented because there are two critical technical analysis indicators, moving averages based on price and oscillators based on price and volume. Based on my observations, the TradingView buy and sell indicators are a good measure of sentiment and are featured in my Fear & Greed Index Dashboard.

TradingView has implemented an innovative automatic technical analysis rating system, which accurately suggests if an indicator is Buy, Sell or Neutral
TradingView Review: Implementation of innovative automatic technical analysis rating systems, which accurately suggests if an indicator is Buy, Sell, or Neutral – Click to Zoom

You can click on “Technicals,” and you are presented with three gauges when you view a chart. The left gauge shows the oscillating indicators like relative strength, stochastics, and the Average Directional Index. On the right, you have a selection of Moving Averages, Simple, Exponential, and even Ichimoku Cloud.

With TradingView and TrendSpider, you will have everything you need as an advanced trader, day trader, or swing trader.

🔍 TradingView vs TrendSpider Backtesting

TradingView backtesting is more flexible than TrendSpider’s but requires Pine script knowledge. TrendSpider’s backtesting is point-and-click, which is much easier to use but not as powerful. If you can code, use TradingView; if not, use TrendSpider.

TradingView has a backtesting system called Strategy Tester, but you will have to develop some scripting skills using the proprietary Pine code to develop original backtesting systems. I have even implemented my MOSES ETF Trading strategy into TradingView; I am no developer, but the Pine Script language is so natural anyone can do it.

MOSES ETF Trading Strategy Developed with TradingView Backtesting "Strategy tester"
MOSES ETF Trading Strategy Developed with TradingView Backtesting “Strategy tester.”

TrendSpider has made this process much simpler, eliminating the need for coding by implementing a point-and-click system to develop scans that can be backtested.

TrendSpider has also implemented a strategy tester that allows you to freely type what you want to test, and it will do the coding for you. It is a smooth and simple implementation that had me develop a strategy in minutes.

TrendSpider BackTesting Entry & Exit Point Chart
TrendSpider Backtesting Entry & Exit Point Chart

Both TrendSpider and TradingView have robust backtesting reporting showing trades, profit, loss, and capital drawdown.

🖱 TradingView vs TrendSpider Usability

Both TradingView and TrendSpider are incredibly easy to use, requiring zero installation or configuration. The biggest difference is that TrendSpider provides the personal touch with free one-to-one training with a support staff member.

🏁 Final Thoughts

TradingView is the best overall stock analysis and trading software, perfect for beginner and experienced traders, with a vibrant community and excellent charts, backtesting, scanning, and screening globally. If you want intelligent AI pattern recognition and no-code backtesting for the US markets, then TrendSpider is a great choice.

If you need real-time news, the best backtesting, and stock chart indicators, I recommend MetaStock. If you seek to build long-term value, income, and growth portfolios, then Stock Rover is the best software. Finally, if you want to use the power of AI for short-term day trading, then Trade Ideas is the best choice.

Still undecided? Please take a look at our Top 10 Best Stock Trading Analysis Software Programs.

Top 10 Best Stock Trading Analysis Software Reviews 2022


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