Trader's Little Helper

Trader's Little Helper

Trader's Little Helper is a technical analysis tool for stock traders that generates charts and technical indicators. It aims to help traders make better decisions by providing information on trends, support/resistance levels, and signaling when to buy and sell.
Trader's Little Helper screenshot

Trader's Little Helper: Technical Analysis Tool

A stock trading software for generating charts and technical indicators to aid in trend analysis and decision-making

What is Trader's Little Helper?

Trader's Little Helper is a desktop application designed to assist stock traders with technical analysis. It generates interactive charts and graphs for stocks, ETFs, and indexes, allowing traders to visualize price movements and trends over customizable timeframes.

The software includes a wide range of technical indicators that traders can overlay on charts to help identify areas of support and resistance, overbought/oversold levels, and signaling potential entry and exit points. Some indicators provided include moving averages, Bollinger bands, RSI, MACD, stochastics, pivot points, and Fibonacci retracements.

By combining chart patterns with indicator signals, Trader's Little Helper aims to help traders better time their trades. The graphical analysis makes it easier to spot chart patterns like double tops/bottoms, head and shoulders, triangles, flags and pennants. Alerts and scan features can also automate pattern recognition or indicator signals to aid analysis.

Trader's Little Helper offers a clean, customizable interface for fast charting and indicator analysis. It includes risk/trade management features as well, like position sizing calculators and the ability to quickly view profit/loss on open positions. The tool is targeted towards active stock, ETF, and index traders that rely on technical analysis for decision making.

Trader's Little Helper Features

Features

  1. Generates charts and technical indicators
  2. Displays trends, support/resistance levels
  3. Signals when to buy and sell stocks
  4. Customizable indicators and chart types
  5. Real-time data and alert notifications

Pricing

  • Free limited version
  • Monthly subscription
  • Annual subscription with discount

Pros

Helps traders make informed decisions

Easy to use interface

Saves time on analysis

Affordable compared to similar tools

Accessible on mobile devices

Cons

Limited to stocks only

Less indicators than advanced platforms

Data feeds can be delayed

Lacks backtesting capabilities

Requires subscription for full features

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