MetaTrader vs useThinkScript
Struggling to choose between MetaTrader and useThinkScript? Both products offer unique advantages, making it a tough decision.
MetaTrader is a Finance solution with tags like forex, stocks, technical-analysis, charting.
It boasts features such as Advanced charting tools, Algorithmic trading, Backtesting capabilities, Expert Advisors (EAs), Virtual Private Servers (VPS) and pros including User-friendly interface, Wide range of technical indicators, Supports automated trading, Available on desktop, web, and mobile.
On the other hand, useThinkScript is a Finance product tagged with technical-analysis, charting, automated-trading.
Its standout features include Create custom indicators and strategies, Backtest indicators and strategies, Deploy custom code within Thinkorswim platform, Access price data and studies, Develop complex trading logic and alerts, and it shines with pros like Powerful functionality, Integrates seamlessly with Thinkorswim, Large community support, Free to use.
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.
MetaTrader
MetaTrader is a popular trading platform used for online trading in the forex, CFDs, futures, and stock markets. It offers advanced charting tools, backtesting capabilities, algorithmic trading, Virtual Private Servers (VPS), and Expert Advisors (EAs).
Categories:
MetaTrader Features
- Advanced charting tools
- Algorithmic trading
- Backtesting capabilities
- Expert Advisors (EAs)
- Virtual Private Servers (VPS)
Pricing
- Free
- Subscription-Based
Pros
Cons
useThinkScript
useThinkScript is a free custom indicator and trading strategy creation platform for Thinkorswim. It allows traders to code, backtest, and deploy their own custom indicators and trading systems within the Thinkorswim platform.
Categories:
UseThinkScript Features
- Create custom indicators and strategies
- Backtest indicators and strategies
- Deploy custom code within Thinkorswim platform
- Access price data and studies
- Develop complex trading logic and alerts
Pricing
- Free