useThinkScript vs PTMC

Struggling to choose between useThinkScript and PTMC? Both products offer unique advantages, making it a tough decision.

useThinkScript is a Finance solution with tags like technical-analysis, charting, automated-trading.

It boasts features such as 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 pros including Powerful functionality, Integrates seamlessly with Thinkorswim, Large community support, Free to use.

On the other hand, PTMC is a Business & Commerce product tagged with information-sharing, supply-chain, logistics, data-sharing.

Its standout features include Secure data sharing platform, Collaboration and information exchange between participating companies, Early warning system for potential supply chain disruptions, Centralized database of supply chain data and events, Customizable dashboards and reporting, Mobile app for on-the-go access, and it shines with pros like Improved visibility and coordination in the supply chain, Proactive risk mitigation and problem-solving, Streamlined communication and data sharing, Reduced costs and time associated with supply chain disruptions, Scalable and customizable to meet the needs of different industries.

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.

useThinkScript

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:
technical-analysis charting automated-trading

UseThinkScript Features

  1. Create custom indicators and strategies
  2. Backtest indicators and strategies
  3. Deploy custom code within Thinkorswim platform
  4. Access price data and studies
  5. Develop complex trading logic and alerts

Pricing

  • Free

Pros

Powerful functionality

Integrates seamlessly with Thinkorswim

Large community support

Free to use

Cons

Steep learning curve

Limited documentation

Debugging can be difficult


PTMC

PTMC

PTMC is a private industry-wide tool designed to facilitate information sharing between participating companies, helping them prevent supply chain disruptions. It aims to modernize communication and data sharing in the supply chain.

Categories:
information-sharing supply-chain logistics data-sharing

PTMC Features

  1. Secure data sharing platform
  2. Collaboration and information exchange between participating companies
  3. Early warning system for potential supply chain disruptions
  4. Centralized database of supply chain data and events
  5. Customizable dashboards and reporting
  6. Mobile app for on-the-go access

Pricing

  • Subscription-Based

Pros

Improved visibility and coordination in the supply chain

Proactive risk mitigation and problem-solving

Streamlined communication and data sharing

Reduced costs and time associated with supply chain disruptions

Scalable and customizable to meet the needs of different industries

Cons

Requires participation and buy-in from multiple companies in the supply chain

Initial setup and onboarding process may be time-consuming

Potential concerns around data privacy and security

Ongoing maintenance and updates required to keep the system up-to-date