Prorealtime is a trading platform and charting software that is designed for advanced traders. The platform provides access to real-time market data and allows users to create customized charts, indicators, and trading strategies. It is a web-based application that is compatible with Windows, Mac, and mobile devices.
Features and Functionality
Prorealtime offers a range of features that are designed to help traders make informed decisions. These include:
- Charting: Prorealtime offers advanced charting capabilities with more than 100 technical indicators and drawing tools. Users can customize charts by adding multiple timeframes, indicators, and chart types.
- Trading: Prorealtime provides access to real-time market data for equities, futures, forex, and options. Users can place orders directly from the platform and access a range of order types, including market, limit, stop-loss, and take-profit.
- Backtesting: Prorealtime allows users to backtest their trading strategies using historical data. The platform provides a range of statistical tools to help traders analyze their strategies and identify potential opportunities.
- Trading Automation: Prorealtime allows users to automate their trading strategies using its ProOrder module. The module allows users to create rules-based trading strategies and backtest them using historical data.
- Customization: Prorealtime is highly customizable, allowing users to create their own indicators, scripts, and trading strategies. The platform supports a range of programming languages, including C#, VB.NET, and Python.
- Education and Support: Prorealtime offers a range of educational resources and support options, including webinars, video tutorials, and a user forum.
Ease of Use
Prorealtime has a user-friendly interface that is easy to navigate. The platform provides access to real-time market data and allows users to create customized charts and indicators with ease. The platform’s trading module is intuitive and provides access to a range of order types. However, the platform’s customization options can be overwhelming for novice traders.
Pricing
Prorealtime offers a range of pricing options, including a free version with limited features and paid subscriptions with advanced features. The paid subscriptions start at €30 per month and offer access to real-time market data for equities, futures, forex, and options. The platform also offers a free 2-week trial period for its paid subscriptions.
Customer Support
Prorealtime offers customer support through email, phone, and a user forum. The platform’s support team is responsive and provides helpful guidance to users. The platform’s user forum is also active and provides a wealth of information on the platform’s features and functionality.
Pros & Cons
Pros
- Advanced Charting Capabilities: Prorealtime offers advanced charting capabilities with more than 100 technical indicators and drawing tools.
- Trading Automation: Prorealtime allows users to automate their trading strategies using its ProOrder module.
- Customization: Prorealtime is highly customizable, allowing users to create their own indicators, scripts, and trading strategies.
- Real-time Market Data: Prorealtime provides access to real-time market data for equities, futures, forex, and options.
- Customer Support: Prorealtime offers responsive customer support through email, phone, and a user forum.
Cons
- Overwhelming Customization Options: The platform’s customization options can be overwhelming for novice traders.
- Paid Subscriptions: The platform’s advanced features are only available with paid subscriptions, which may not be affordable for all traders.
Conclusion
Prorealtime is a powerful trading platform and charting software that offers advanced charting capabilities, trading automation, and customization options. The platform provides access to real-time market data for equities, futures, forex, and options and offers responsive customer support. However, the platform’s customization options can be overwhelming.
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