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.
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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.
I’m a self-confessed Forex geek who spends countless hours researching, testing, and reviewing everything related to trading. With many years of experience in the Forex industry—and thousands of robots, brokers, strategies, and courses put to the test—I’ve seen what works and what doesn’t. My goal is simple: to share that knowledge with you for free, so you can navigate the exciting (and sometimes crazy) world of Forex trading with more confidence.
