Ichimoku Ultimate Scanner EA 2020 vs MetaStock

Struggling to choose between Ichimoku Ultimate Scanner EA 2020 and MetaStock? 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, MetaStock is a Finance product tagged with charting, screening, market-scanning, trading.

Its standout features include Charting, Screening, Market Scanning, Automated Trading Systems, Technical Indicators, Backtesting, Alerts, Custom Formulas, Portfolio Management, and it shines with pros like Powerful charting and analysis tools, Customizable indicators and systems, Comprehensive scanning and screening, Automated trading strategy testing, Portfolio tracking and money management.

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:
Business & Commerce Trading
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

MetaStock

MetaStock

MetaStock is proprietary technical analysis and stock charting software used by traders and investors to analyze financial market trends and make trading decisions. It includes features like charting, screening, market scanning, and automated trading systems.

Categories:
Finance Technical Analysis
charting screening market-scanning trading

MetaStock Features

  1. Charting
  2. Screening
  3. Market Scanning
  4. Automated Trading Systems
  5. Technical Indicators
  6. Backtesting
  7. Alerts
  8. Custom Formulas
  9. Portfolio Management

Pricing

  • Subscription-Based

Pros

Powerful charting and analysis tools

Customizable indicators and systems

Comprehensive scanning and screening

Automated trading strategy testing

Portfolio tracking and money management

Cons

Expensive subscription fees

Steep learning curve

Data feeds not included

Limited to stocks and futures

Windows only