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eSignal

Brand: eSignal

  • 4.3

  • 13 Ratings & 13 Reviews

eSignal is a stock market software used for trading that offers various features and tools to investors and traders.

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Starting at $67

eSignal Software Overview

What is eSignal?

eSignal is a cloud-based stock market software that works best for day trading platforms. It helps you analyze the trade markets faster and create customizable charts anytime from anywhere. The software can predict the future and early market conditions and let the traders make informed decisions, leading them to earn higher profits. You can customize it to match your trading style and preferences.

eSignal has multiple geographically spread server farms with live data from redundant and direct connections with numerous world exchanges. It has comprehensive bar replay and historical data functionality for backtesting trading market strategies.

Products of eSignal stock trading software

One of the best online trading software, eSignal offers multiple products. You can go with the option that can help you understand which matches your trading style best and start earning great profits.

Classic

With classic stock trading software, you get access to reliable EOD and Intraday market data. You can customize the advanced charts with proven technical indicators and can use free on-demand and live training webinars.

Signature

The signature stock trading software allows you to generate trading ideas with its Market Screener Plus. It offers you more than a hundred technical indicators to analyze the market closely anytime using its free mobile app.

Elite

Elite trading software lets you take control of the trading market with instant real-time data. It offers you more than 20 advanced GET indicators and also gets information on the extended history, volume data, and news.

Product Add-ons

Amplify your trading game with eSignal’s add-on features. The software offers numerous tools that give you an edge in the trade market.

Features of eSignal

  • Real-Time Market Data: One of the major features of eSignal is real-time market data. It allows traders and investors to understand market trends on a real-time basis.
  • Broker Integration: eSignal allows users to integrate with a wide range of brokers and trade within the platform.
  • Market Scanner: The market screener feature of eSignal enables users to identify trading signals for upcoming opportunities.
  • Customizable Workspace: The customization helps traders to tailor their platform as per their trading preferences.
  • Technical Analysis and Drawing Tools: It offers various technical analysis and drawing tools for price analysis and price movement. It majorly includes moving averages, RSI, bar charts, candlesticks, trendlines, and more.
  • Historical Data: eSignal provides historical data for effective backtesting and technical analysis.
  • Paper Trading: Practicing trade is one of the essential features of eSignal. It allows traders to practice their strategies with paper money.

Benefits of using eSignal trading software

Though there are umpteen benefits of working with eSignal automated trading software, there are some that cannot be found with most of the trading software. This is what separates eSignal from the crowd:

  • eSignal trading software offers an enhanced multi-cast backbone which is operated and engineered internally with a network staff that works all around the year.
  • It is designed to perform under pressure of high-volume times.
  • Keeps track of more than 100 indices from all around the global markets.
  • It works on comprehensive bar replay and historical data and advice even before investing money.

eSignal Stock Trading Software Pricing

eSignal pricing starts from $64/month and other plans are given below.

Paid plans:

  1. Classic: $67/month
  2. Signature: $228/month
  3. Elite: $440/month
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eSignal Company Details

Founded Year:  2001

eSignal, an Interactive Data company, delivers real-time market data and decision support tools for active traders worldwide.

Director/Founders eSignal
Company Size 1000+ Employees

eSignal Pricing & Plans

Classic
Starting at $67
    • Licenses

      Licenses
      Licenses
    • Monthly

      Monthly
      Monthly

Key Features

  • Intraday Data (15 minute delayed)

  • Advanced Charting with customizable Studies

  • Stocks, Futures, Forex

  • Free online Education and Customer support

Signature
Starting at $228
    • Licenses

      Licenses
      Licenses
    • Monthly

      Monthly
      Monthly

Key Features

  • Streaming, Real-Time Data

  • Advanced Charting with customizable Studies

  • Stocks, Futures, Forex and Options††

  • Free online Education and Customer support

eSignal Features

Core Features

  • icon_check Portfolio Management
    Track and analyze investment holdings, returns, and asset allocation in real time.
  • icon_check Market Data
    Real-time and historical stock price feeds, trade volume, and market indices for analysis.
  • icon_check Watchlist
    A customizable list for monitoring preferred stocks, providing real-time updates on price and volume.
  • icon_check Charting Tools
    Visual tools for analyzing stock trends and patterns using technical indicators and price movements.
  • icon_check Order Control
    Tools to manage, modify, and cancel buy or sell orders efficiently on the trading platform.
  • icon_check Order Execution
    Automated system to process buy/sell orders directly via the broker and stock exchange.
  • icon_check Stock Screener
    Filters stocks based on specific criteria like market cap, P/E ratio, or price movement.

Order Execution

  • icon_check Limit Order
    An order to buy/sell at a specific price or better, ensuring price control but not guaranteed execution.
  • icon_check Market Order
    Buy/sell immediately at the current market price, ensuring execution but no price control.
  • icon_check Stop (Loss) Order
    Automatically sells stock when it drops to a pre-set price to minimize losses.
  • icon_check Stop Limit Orders
    Combines a stop-loss order with a limit order to sell/buy once a set price is triggered.
  • icon_check Trailing Stop Order
    Automatically adjusts stop price as the market price moves in favor of the position.

Research and Analysis

  • icon_check Advanced Order Flow Analysis
    Tracks and analyzes buying and selling activity across the market.
  • icon_check Analyst Ratings
    Displays professional analyst opinions on stocks, including buy, hold, or sell recommendations.
  • icon_check Multi-Timeframe Analysis
    Analyzes price trends across different timeframes for better decision-making.
  • icon_check Sentiment Analysis
    Evaluates market sentiment from news and social media to gauge stock trends.

Technical Analysis

  • icon_check Smart drawing tools
    Customizable tools to draw patterns like support, resistance, and Fibonacci retracements.
  • icon_check Trendlines
    Visual representation of stock price trends over time to predict future movements.
  • icon_check Technical Indicators
    Tools like RSI and MACD for analyzing stock price momentum and direction.
  • icon_check Custom Indicators
    Create and apply personalized technical indicators for unique trading strategies.
  • icon_check Automated Technical Patterns Detection
    Automatically identifies patterns like head and shoulders or flags.

Fundamental Analysis

  • icon_check Income Statement
    Displays a company’s revenue, expenses, and profitability over a specific period.
  • icon_check Industry Analysis
    Compares stock performance against industry benchmarks for relative valuation.
  • icon_check Financial Ratios
    Key metrics like P/E and P/B ratios to evaluate stock value relative to financial performance.
  • icon_check Earnings Forecasts
    Predicts future earnings based on historical data and market conditions.
  • icon_check Balance Sheet
    Shows a company's assets, liabilities, and shareholders’ equity for financial health analysis.
  • icon_check Cash Flow Statements
    Tracks cash inflows and outflows to assess company liquidity and operational efficiency.
  • icon_check Company Valuation Models
    Estimates a company’s value based on DCF, NPV, and other valuation methods.

Backtesting and Optimization

  • icon_check Paper Trading
    Practice trading without risking real capital using simulated environments.
  • icon_check Historical Data Simulation
    Tests trading strategies against past data to assess their effectiveness.
  • icon_check Strategy Tester
    Evaluates the performance of trading strategies before deploying them in live markets.
  • icon_check Strategy Optimization
    Fine-tunes trading strategies by adjusting parameters for improved performance.
  • icon_check Monte Carlo Simulation
    Uses probabilistic models to forecast trading outcomes in uncertain conditions.

Risk Management

  • icon_check Performance Analytics
    Tracks portfolio and trade performance through returns, drawdowns, and risk measures.
  • icon_check Stop-Loss Automation
    Automatically implements stop-loss rules to limit potential trading losses.
  • icon_check Maximum Drawdown Analysis
    Measures the largest peak-to-trough decline in a portfolio's value.
  • icon_check Risk Calculator
    Estimates potential profit/loss scenarios based on trade size and risk percentage.
  • icon_check Position Sizing Calculator
    Determines the appropriate trade size based on risk tolerance and market conditions.
  • icon_check Diversification Analysis
    Analyzes portfolio risk by evaluating asset allocation and exposure to different sectors.

Trading Options

  • icon_check Paper Trading
    Practice trading without risking real capital using simulated environments.
  • icon_check Swing Trading
    A strategy that captures shortto medium-term gains from price swings.
  • icon_check Intraday Trading
    Buy and sell stocks within the same trading day to capitalize on short-term movements.
  • icon_check Derivative Trading
    Trade derivatives like options, futures, and swaps based on underlying assets.
  • icon_check Algorithm Trading
    Executes trades based on pre-set algorithms without manual intervention.
  • icon_check Options Trading
    Allows the buying/selling of call and put options for speculative or hedging purposes.
  • icon_check Futures Trading
    Trade contracts to buy or sell assets at a future date at predetermined prices.
  • icon_check Forex Trading
    Enables trading in currency pairs based on fluctuations in the foreign exchange market.
  • icon_check Crypto Trading
    Buy/sell cryptocurrencies like Bitcoin and Ethereum on dedicated platforms.
  • icon_check Automatic Trading
    Uses automated systems to execute trades according to predefined criteria.
  • icon_check Spread Trading
    Speculative trading of the price difference between two assets.
  • icon_check Rotational Trading
    Alternates investments between sectors, asset classes, or strategies based on market trends.

Reporting & Analytics

  • icon_check Dashboards
    Visual displays of key metrics like portfolio performance, risk levels, and trade history.
  • icon_check Portfolio Tracking
    Real-time tracking of your investments, including value, returns, and allocations.
  • icon_check Customizable Reports
    Tailored reports to analyze performance, tax implications, or investment behavior.
  • icon_check Risk Analytics
    Analyzes portfolio risks by measuring volatility, drawdowns, and exposure.
  • icon_check Trade Performance Attribution
    Breaks down the source of trading gains or losses for better analysis.

Account Management

  • icon_check Audit Trail
    Tracks and logs user activity to maintain compliance and security.
  • icon_check Multi-Factor Authentication (MFA)
    Adds a second layer of security to protect accounts from unauthorized access.
  • icon_check User Access Management
    Controls who can execute trades, view reports, or manage funds based on assigned privileges.
  • icon_check Customizable User Interface
    Allows users to personalize the layout and appearance of the platform.
  • icon_check Account Summary Reports
    Provides detailed summaries of account balances, holdings, and transactions.

Integrations

  • icon_check Social Media Integration
    Connects with social platforms to track sentiment, discussions, and trends.
  • icon_check API Integration
    Connects with external APIs for custom trading, data feeds, or system automation.
  • icon_check Multi-Language Support
    Provides the ability to use the software in various languages for global accessibility.
  • icon_check Third Party Integration
    Supports tools like research platforms, analytics software, and financial news services.
  • icon_check Market Data Integration
    Links the platform to real-time market data feeds for timely trading decisions.
  • icon_check Brokerage Integration
    Connects to brokerage accounts for seamless trading and order execution.
  • icon_check Cloud Data Integration
    Stores and accesses trading data through cloud services for scalability.

Alerts & Notifications

  • icon_check Price Alert
    Notifies users when stock prices reach a specific target or threshold.
  • icon_check Push Notifications
    Sends updates directly to mobile devices for timely decisions.
  • icon_check Volume Alerts
    Signals abnormal trading volume, indicating potential market movements.
  • icon_check Real-Time Market Updates
    Sends alerts on price changes, market movements, and breaking news.
  • icon_check News Alert
    Delivers important financial news related to specific stocks or sectors.
  • icon_check Sentiment Alerts
    Notifies users of changes in market sentiment based on social or news analysis.
eSignal Demo Video play icon

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Watch the demo video to explore key features, real workflows, and how the software fits your business needs.

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eSignal Specifications

Supported Platforms
Windows Windows MacOS MacOS
Devices
Desktop Desktop
Deployment
Cloud-Based Cloud-Based
Suitable For
Stock Market
Business Specific
Stock Market Trading
Business Size
Small Business Startups Medium Business Enterprises SMBs SMEs MSMBs MSMEs
Customer Support
Email Communities
Language
English
Training Resources
Videos

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eSignal Reviews

4.3

Out of 5

img

Overall Rating

Based on
13 Verified Reviews

Rating Breakdown

  • Features 4.3
  • Value for Money 4.3
  • Ease of Use 4.2
  • Customer Support 4.5

90% Recommend this Product

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eSignal Video Reviews

youtubeVideoId

4.5

“eSignal User Review: Markay Latimer, Better Trades Educator”

Review by: eSignal

youtubeVideoId

4.3

“eSignal User Review: Markay Latimer, Better Trades Educator”

Review by: eSignal

Harsh Singh Parihar

Lead

Industry: SAAS User since: 1-2 years

4.3

Reviewed on: Jul 23, 2024

Techjockey Verified

“Alerts and Notifications Help Me Act Quickly”

eSignal is perfect for traders who need instant alerts and notifications. The platform allows you to set custom alerts for specific market conditions, which helps in making quick trading decisions. It also provides access to a variety of technical indicators and real-time market data. The historical data feature is excellent for backtesting strategies, ensuring you’re prepared before committing real money to a trade.

Pros

One of the best features of eSignal for me is the customizable alerts. I can set notifications for specific price points, and the platform instantly lets me know when it’s time to buy or sell. This is really helpful, especially during busy days when I can’t constantly monitor the markets. I also like the detailed historical data, which I use for backtesting strategies. The charts and technical indicators help me analyze the market efficiently.

Cons

It’s a little expensive for casual traders, and it took me a while to get the hang of all the features. The learning curve is steep, and I had to spend some time getting comfortable with how everything works. The mobile app is useful, but it could use some additional features to make it more robust.

Switched from MetaTrader 4

Reason to switch

I switched because I wanted a platform that could provide real-time alerts and allow me to act fast, which eSignal does really well.

Gufran khan

Manager

Industry: Banking User since: 1-2 years

3.8

Reviewed on: Jul 23, 2024

Techjockey Verified

“A Powerful Tool for Serious Market Analysis”

eSignal is designed for traders who need comprehensive market analysis tools. It provides access to real-time data and customizable charts, which are great for making precise trades. There’s also a wide range of technical indicators, making it easier to analyze market trends and price movements. The broker integration allows me to trade directly from the platform, which saves time and effort.

Pros

I’ve been using eSignal for some time now, and I really appreciate how it caters to serious traders. The real-time data is fast and accurate, which is critical when making quick decisions. The advanced charting tools help me analyze price movements more closely. What I also like is the integration with brokers that lets me trade directly within the platform, saving me a lot of time.

Cons

The platform is quite expensive, especially if you don’t use all of its features. There’s a lot to learn, and it might not be the best choice for someone just getting started in trading. It’s a commitment, both financially and in terms of time spent learning how to use it effectively.

Switched from Traderscockpit

Reason to switch

I was looking for more in-depth market analysis tools and faster data feeds, which eSignal provided better than my previous platform.

Ram kaur

Manager

Industry: SAAS User since: 1-2 years

4.3

Reviewed on: Jul 4, 2024

Techjockey Verified

“Mobile Access Keeps Me Informed on the Go”

eSignal has made it easy for me to stay connected with the market no matter where I am. The mobile app is perfect for when I need to check on my trades or catch up with market updates. The real-time data, combined with customizable charts and technical indicators, makes it a powerful tool for day traders. The ability to trade from my phone without missing a beat has been a huge benefit.

Pros

What I love about eSignal is that it doesn’t lock me to my desk. The mobile app is super helpful for checking the markets when I’m on the go, and it’s easy to use. The platform gives real-time market data, which has been a game-changer for my day trading. I also like how customizable the charts are, allowing me to set them up the way I want. The wide selection of technical indicators helps a lot in analyzing different market trends.

Cons

The cost is something to consider, especially if you’re not a high-frequency trader. I also found that it took a while to get comfortable with the platform, as it offers so many options and tools that it feels overwhelming at first. The learning curve is pretty steep.

Switched from StockRadars

Reason to switch

I wanted a mobile-friendly platform with more advanced features, and eSignal provided exactly what I was looking for.

See All eSignal Reviews

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Articles for eSignal

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Can eSignal automated trading software create custom charts and graphs?

Yes, eSignal is highly equipped to create trading charts and graphs easily and match the trader’s trading style.

How to set up an account in eSignal?

You need to visit the official website of eSignal and choose a relevant subscription plan. Then, follow the registration process for signup.

Are there any additional fees while signing up?

Yes, you may have to pay additional fees while signing up.

How secure is a trader’s data with eSignal stock trading software?

All the data with eSignal trading software is highly secured and kept confidential. No one except the trader can view that sensitive data.

Can anyone be a part of the eSignal trading software?

Yes, absolutely, anyone can work with eSignal automated trading software and turn their investments into profits.

Can I use eSignal for free?

No, eSignal is not available for free. There are paid packages to use eSignal.

Do you get any help with the software in case you don’t have prior knowledge of market trading?

Yes, eSignal offers numerous tutorials and study guides to walk you through the process and steps of trading.

Can eSignal automated trading software be operated from any mobile?

eSignal trading software can work from any smartphone that has good network connectivity

eSignal Questions

A:

Yes, customizing chart appearance in eSignal is possible. There are numerous types of charts available in eSignal that help you understand the market more accurately. This helps you to enhance your market analysis.

Mohd khan Sep 23, 2024
Q:

Does eSignal support algorithmic trading?

Shashi Kumar Sep 23, 2024
A:

Yes, you can perform algo trading in eSignal. This software provides a wide range of features and tools for algorithmic trading.

  • EFS (eSignal Formula Script)
  • Backtesting
  • Automated Trading
  • Order Types
  • Market Scanners
Mahadevbhumij Sep 23, 2024
Q:

Can I create custom indicators in eSignal?

Dilip Khandelwal Sep 23, 2024
A:

Yes, eSignal has the programming language EFS (eSignal Formula Script). This programming language allows you to customize your indicators easily.

Anjli Sep 23, 2024
Q:

Are there any system requirements for using eSignal?

Karishma patil Sep 23, 2024
A:

Yes, eSignal needs specific system requirements for better performance.

  • Windows Operating System-Windows 10
  • Mac Operating System-macOS 10.14
Vanshika Adlakha Sep 23, 2024
A:

Yes, you can export your trade history in eSignal in CSV and Excel. The process of doing so is:

  • Open trade history to go trading section.
  • Select the data you want to export.
  • You will find a download or export option.
  • You need to select the format of the file you want to export like CSV or Excel.
  • Save the file and review the data.
Sanchit wadhwa Sep 23, 2024
See All eSignal Questions

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Users with registered businesses can purchase goods from merchants on the platform to satisfy their business needs. Users are not permitted to utilize any products acquired through the platform for resale, advertising, business, or further distribution.

For each purchase made, users will receive a Tax Invoice (or 'GST invoice') that includes specific details such as:

  • the GSTIN of the user associated with their registered business, and

  • the specified Entity Name for their business.

It should be noted that not all products are eligible for GST Invoice. Only the products displayed by participating sellers with the 'GST-based Invoice Available' callout on the product description page would qualify.

Certain goods and services are not eligible to get a GST Invoice, including items with VAS, i.e., Value Added Services (e.g., Total Mobile Protection/Assured Buyback) and those involving an exchange offer at the time of purchase.

Users must ensure the accuracy of the GSTIN, and business entity name provided for the GST Invoice. Requests for corrections into GST Invoice would not be accommodated by Techjockey.com or any Seller, and any issues arising from user-provided information are the sole responsibility of users.

Techjockey.com is not liable for the GST Invoice or any associated input tax credit. To efficiently claim an input tax credit, users should select the registered place of business address as per the GST authority's data and follow the provisions of the GST Act and rules.

To claim an input tax credit, the delivery and billing addresses must match. Furthermore, input tax credits will not be granted if the delivery address and GSTIN on the invoice are from different states. In case of incorrect GST details provided during the order placement, the order will be canceled automatically.