Ichimoku Ultimate Scanner EA 2020 vs AmiBroker

Struggling to choose between Ichimoku Ultimate Scanner EA 2020 and AmiBroker? Both products offer unique advantages, making it a tough decision.

Ichimoku Ultimate Scanner EA 2020 is a Business & Commerce solution with tags like forex, trading, scanner, ichimoku, automated.

It boasts features such as Real-time market scanning based on Ichimoku cloud indicator, Automated trade entry and exit signal generation, Customizable scanning and trading parameters, Works with MetaTrader 4 and MetaTrader 5 and pros including Saves time by automating analysis and trade signals, Removes emotional bias from trading decisions, Allows trader to focus on other aspects of trading strategy.

On the other hand, AmiBroker is a Finance product tagged with charting, backtesting, trading, stocks, indicators.

Its standout features include Charting & technical analysis, Backtesting & optimization, Custom indicators & formulas, Portfolio tracking & analysis, End-of-day & real-time data feeds, Automated trading systems, and it shines with pros like Powerful backtesting engine, Large library of indicators, Customizable charts & alerts, Good value for money.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

Ichimoku Ultimate Scanner EA 2020

Ichimoku Ultimate Scanner EA 2020

Ichimoku Ultimate Scanner EA 2020 is a forex trading tool that scans the market in real-time to find potential trading opportunities based on the Ichimoku cloud indicator. It automates trade entry and exit signals.

Categories:
forex trading scanner ichimoku automated

Ichimoku Ultimate Scanner EA 2020 Features

  1. Real-time market scanning based on Ichimoku cloud indicator
  2. Automated trade entry and exit signal generation
  3. Customizable scanning and trading parameters
  4. Works with MetaTrader 4 and MetaTrader 5

Pricing

  • Subscription-Based

Pros

Saves time by automating analysis and trade signals

Removes emotional bias from trading decisions

Allows trader to focus on other aspects of trading strategy

Cons

Requires ongoing subscription fees

May generate false signals in choppy market conditions

Requires monitoring and adjustment as market conditions change


AmiBroker

AmiBroker

AmiBroker is charting and technical analysis software for stock and financial market traders. It allows users to backtest trading strategies, optimize parameters, create custom indicators, and analyze price data.

Categories:
charting backtesting trading stocks indicators

AmiBroker Features

  1. Charting & technical analysis
  2. Backtesting & optimization
  3. Custom indicators & formulas
  4. Portfolio tracking & analysis
  5. End-of-day & real-time data feeds
  6. Automated trading systems

Pricing

  • One-time purchase
  • Subscription-based

Pros

Powerful backtesting engine

Large library of indicators

Customizable charts & alerts

Good value for money

Cons

Steep learning curve

Limited real-time data options

No support for options trading