Advanced features such as Artificial intelligence and neural networks.
Can be integrated with Amibroker for semi-automated trading.
Buy and Sell orders can be placed directly through chart.
Provision for backtesting and creating custom indicators.
Buy/Sell can be placed directly through Pi and doesn’t require a separate interface. One has to be Zerodha customer to avail the benefits of Pi. Pi is a very popular Trading platform from Zerodha.
It’s a very basic platform and cannot be used for advanced technical analysis.
At the time of writing this article, yearly subscription of Platinum service costs below 15K.
Subscription is very cheap as compared to its peers.
There is provision to backtest strategies.
There is an option to create custom indicators of your own.
It comes loaded with 80+ technical indicators.
Platinum charts are based on Microsoft Silverlight which looks better than traditional java based charts.
Its very light weight and loads in seconds.
It comes loaded with basic charting and backtesting features. ICharts is web-based Technical analysis platform.
Backtesting engine is very slow as compared to Amibroker.
Java based interface doesn’t look eye catching.
It’s not very user-friendly and intuitive.
Charting is poor as compared to other platforms.
Alerts generated through the trading strategy can be sent through SMS.
Webinars are conducted weekly/on-demand basis.
You can get your strategies coded and backtested.
It supports Tradescript language which is very easy to learn and code.
One can backtest trading strategies over variety of instruments.
It has powerful Options module where we can test and evaluate option strategies.
It has web-based interface, so can be accessed through any computer/handheld devices across the globe.
Its robust backtesting feature makes it stand apart from others. It is web-based and does not require to download/install anything on the local machine. It is another powerful Trading platform with advanced features. At the time of writing this article, yearly subscription with all the features cost around 25K.
It’s little expensive as compared to other tools available in the market.
Customer support is poor, email response is delayed most of the times.
Multi Timeframe analysis feature is helpful for advanced traders.
Its offers fundamental analysis features too.
#Zerodha pi software download free#
Himanshu Patil, the founder of Investar India conducts free Technical analysis sessions for Annual Subscribers.
Screener feature is quite robust and clean.
Learning curve is very smooth for Investar, and many online tutorials and webinars are available.
Interface is very smooth and intuitive.
There is enough backfill data available out of the box and no need to purchase any data separately.
The charts load smoothly with practically no time lag.
You can choose different timeframes as low as 1-min for charting. Also, it has hundreds of technical indicators with an Alert and screener feature. It comes pre-loaded with backfill data depending on the subscription you have purchased. It is a desktop based application for Technical Analysis. Please note that the intent is not to discourage traders and investors from purchasing Amibroker license, it’s just to make them aware of the alternatives.Īlso Read: Best Technical Analysis Courses in India Best Trading Softwares in India 1) Investar Trading Platform: These Trading Softwares in India are quite versatile and designed specifically for NSE and BSE stocks. We will explore some alternatives to Amibroker which are suitable for Indian Stock market and relatively cheaper in cost. But for beginners, it carries a heavy price tag and also requires a substantial learning curve. Amibroker is one of the widely used Trading platforms with robust features.