Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

Which is the most favorite Trading Software among the Traders?

1 min read

Not many times statistics fascinates me. But this search statistics has done it! Was really interested in checking out which trading software has been favored by most of the traders in the world and the below metric shows which trading software is most popular based on the google search volume across the globe.

Fav Trading Analysis
Metatrader
Among the search volume, metatrader tops the chart and the most preferred among the traders due to the open source nature of the metatrader platform. Compared to the other Trading analysis platforms, metatrader builds a lot of opensource competence which attracts traders in analysis/trading the markets especially the forex markets. In the past six years most of the metatrader related searches have come from Russia, malaysia, indonesia, nigeria,singapore and it is getting quite popular in india. When compared with its peers it has run far ahead in the race.

Metatrader

 
Metastock

Metastock is drastically loosing its popularity over time. I assume the possible reasons to be lack of active opensource community as metatrader and competition from its peers. It is popular currently in India, Russia, Australia

Metastock

Amibroker

Amibroker has almost constant search interest over time and the most favorable trading analysis software in India. Saudi Arabia, Bangladesh, Indonesia, Poland, Hungary, Hong Kong, Singapore are the others regions where amibroker spreads its wings. Most of the Indian Trading forums project amibroker to be much popular and trending but the above chart breaks that common notion.

Amibroker

Ninja Trader

Ninja Trader it yet another open source community widely used in countries like United States, Australia, Czech Republic,Canada

Ninja Trader

Esignal

Esignal being headquartered in US, predominantly favored by United states and Canadian traders. However it fails to capture the overall market due to the premium software pricing compared to other trading products. However Esignal compatibility with most trading analysis software creates branded label among the traders.

Esignal

Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

What makes Python most preferred language for Algorithmic Traders

Trading systems evolve with time and any programming language choices will evolve along with them. If you want to enjoy best of the both...
Quantinsti
18 sec read

4 High Frequency Trading (HFT) Order Types You Need…

High Frequency Trading (HFT) involves the concept of “Order Types”, which signals a trader to enter or exit a position. According to Reuters, Order types...
Quantinsti
35 sec read

Impact of Demonetization on Rs 500 and Rs 1000…

Though Governments demonetization is a welcoming move to remove black money, fake currency, corruption and terror financing from the system, it is a...
Rajandran R
25 sec read

32 Replies to “Which is the most favorite Trading Software among the…”

  1. Dear Sir, I am using GCI software since three months, but in that only 9 scripts are coming for real time.. Is there any other real time software where other than these scripts coming freely ? Please guide me and mail me about the same on my mail ID. manishchudasama@yahoo.com

  2. Sir,

    I want to understand this trading system. I do not know about it, but I want to start it. Pls help me.

    Thanks
    Jaswant Siingh

  3. i want to buy a trading software which will give more accuracy in trade along with all other features like graph, bar chart and indicators to buy and sale.

  4. Hi Raj, You should mention the date when this report was made. Probably it is quite sometime now, you may make a new chart/new article.

  5. Hi Rajandran Sir,

    I want to buy the best Technical analysis software present in the market no matter what it costs. Please recommend the best one . And please comment on eSignal AdvancedGET software.
    Thanks

  6. dear sir i am using sharekhan trade tiger.is metastock, amibroker is better than trade tigerr?
    how to get this sotware

    1. Hi Trade Tiger is a Trading Terminal with limited capabilities to do your technical analysis studies. Where trading softwares like metastock, amibroker apart from classical technical analysis you can do lot of stuff with that. It is a good tool for learning the systematic trading in a righter way.

  7. Hello Rajandran,

    Amibroker or Metatrader…. which one is more user friendly for trading stocks?

    Please guide me.

    Thanks.

  8. dear sir,
    i am rajeev goel from india

    sir i want a highly advanced commodity trading software which can tell me when to buy/sell and exit in advance. who has representative in india
    i will pay for it even it is highly costlier
    can u help me pls .
    sir i wondering like a idiot on google from many months
    pls help me. sir.
    thanks

    1. There is no advance software which fortell the market movements before hand to you. If you keep on searching for this mostly you will end up with scam guys. There is no holy grail. So it the otherway round. Try to control risk in your trading in the long run.

    2. why dont u use Rajandrans amibroker afls, they are easy to use.

      k t o l w a l @ g m a i l dot c o m

  9. I m thinking to buy metastock14 with metastock zenieth and e signal premium plus softwares. how is the combination and how will it effectively help me?

    1. It doesnt make sense to purchase both. Purchasing either one of them make sense. Metastock14 + Xenith covers lot more fundamental data in additional. And Esignal Premiur Plus is generally for Option Players or a Global Market Players. However if you trade only in futures then you can try consider taking subscription for Esignal Premier.

  10. Dear Rajandran
    I am considering getting into full time trading from home. Pl suggest a good trading software.
    Cheers
    MC

  11. Sir can you suggest any order flow analysis software in India.i really want a good DOM. Please help me

  12. HELLO I WANT CUSTOM INTRADAY SCREENER FOR NSE CASH PLEASE SUGGEST ME ANY SOFTWARE HAVING WORTH ITS PRIZE.

  13. i trade intraday nifty options only and i want to make daily profits using intraday buy sell signals,could you help in finding a good paid software.i have a capital of 25000/-only.

  14. I want metatrader 4 robotic software . Is it gud using robotic or not, because i m using mt4 for last 2 yrs mannually. Please give me suggestion.

  15. dear sir often I find you answering about softwares. I have recently viewed a software called TICKER PLANT by financial technologies. currently I use metastock 15eod with local data+metastock realtime with metastock xenieth. is ticker plant superior than metastock?

    shall I switch over? in metastock 15 especially I like the exploration.

  16. i want to buy a stock market soft ware, where it is easy to learn for non technical stock market operator .

  17. Thanks for sharing the post. Great articulation. This post really helps me a lot. Please let me know for the upcoming posts.

Leave a Reply to Rahul Cancel reply

Get Notifications, Alerts on Market Updates, Trading Tools, Automation & More