How does TickTrader compare to other software and other charting tools?
This is just a quick (and most probably incomplete) overview of the most used platforms.
Please do your own research when comparing to other software.
Feature | TickTrader | MetaTrader | cTrader | TradingView | Notes |
---|---|---|---|---|---|
Viewing raw TickData | ✅ | ❌ | ✅ | ❌ | MetaTrader has no supportcTrader very limited history and visualizationTradingView’s lowest resolution is 1 Second |
Trading on raw TickData | ✅ | ❌ | ✅ | ❌ | cTrader very limited |
Historical raw TickData | ✅ | ❌ | ❌ | ❌ | |
Backtesting on raw TickData | ✅ | ❌ | ❌ | ❌ | TickTrader provides a very basic backtesting logic All other platforms provide backtesting, but not on tick level |
Indicators on raw TickData | ✅ | ❌ | ✅ | ❌ | |
Creating Limit and Stop Orders | ❌ | ✅ | ✅ | ✅ | Planned improvement, see roadmap |
Trading on Chart | ❌ | ✅ | ✅ | ✅ | Planned improvement, see roadmap |
No additional software needed | ✅ | ✅ | ✅ | ✅ | All platforms provide a web interface |
Extendable via plugins and custom indicators | ❌ | ✅ | ✅ | ✅ | TickTrader does not support extensionsThere is no plan to support this in future |
Automated trading | ❌ | ✅ | ✅ | ✅ | TickTraders’ goal is to bring your manual scalping performance to the next level |
Multiple Timeframes | ❌/✅ | ✅ | ✅ | ✅ | There is only the Tick-Timeframe. You can zoom out as you wish; also you can use custom values for indicators (e.g. use as basis 3 Minute instead of Tick) |
TrendLines and drawing on the Chart | ❌ | ✅ | ✅ | ✅ | On purpose. TickTraders goal is to have a simple UIRemember: Simplicity is the ultimate sophistication (Leonardo Da Vinci) |
Indicator support | ✅/❌ | ✅ | ✅ | ✅ | TickTrader is limited to some basic indicators |
Quick SL / TP changes | ✅ | ❌ | ❌ | ❌ | TickTrader supports changing of SL and TP with a single click. Also there is a SL -> BE+1 quick button |