eSignal vs TradingView 2024: Which charting software is better?

Jeremy Biberdorf
By: Jeremy Biberdorf
 

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The sheer amount of technical analysis available can be overwhelming in the stock market. That’s why eSignal and Tradingview are so valuable.

These platforms provide timely and proven guidance on financial markets and their driving forces, keeping investors up-to-date on the trends and developments that impact stock performance and helping them make informed decisions about when to buy, hold, or sell.

eSignal is a powerful Windows-based application that uses JavaScript as the basis for its scripting language, making it a flexible tool for programmers and traders who want to create custom indicators.

TradingView provides cost-effective charts and analysis of the latest stock picks, making it a valuable tool for novice and experienced traders. Its cloud-based charting and social networking features enable users to make informed decisions and improve their stock purchases.

In this review of eSignal vs TradingView, we’ll examine their research tools, giving you the confidence you need to make informed investment decisions.

For more detailed analysis of TradingView check out our full TradingView review.

eSignal is Better for: TradingView is Better for:
Real-time market dataAdvanced charting features
Offers customizable chartsCustomizable stock screener
Building custom indicatorsVibrant trading community

To compare TradingView vs eSignal, it’s essential to understand their features. While both platforms offer market research tools, the differences in their offerings can make one more suitable for your needs.

Factors like investing style, goals, and objectives can impact your platform preferences. Here are some features of each platform to help you make an informed decision:

eSignal TradingView
Service Type Charts, Scanning, Watchlists Charting, research and analysis, stock alerts, and stock screeners
Fees $61-$416/monthly $0 - $59.95/monthly
Best use US Day Traders Active trading
Current promotion

More Info

More Info

Receive $15 welcome bonus
Modest Money Overall Rating
4.0 rating based on 5 ratings
4.4 rating based on 5 ratings
eSignal
Service Type Charts, Scanning, Watchlists
Fees $61-$416/monthly
Best use US Day Traders
Current promotion

More Info

Modest Money Overall Rating
4.0 rating based on 5 ratings
TradingView
Service Type Charting, research and analysis, stock alerts, and stock screeners
Fees $0 - $59.95/monthly
Best use Active trading
Current promotion

More Info

Receive $15 welcome bonus
Modest Money Overall Rating
4.4 rating based on 5 ratings

eSignal vs TradingView Videos

Factor 1: Free Features

  • TradingView: Provides a free plan with broker integration, chart indicators, and smart tools.
  • eSignal: Offers a 30-day free trial but lacks long-term free features like TradingView.

eSignal

esignal.com website

With the free plan, you can experience the power of eSignal by signing up for a FREE 30-day Futures Trading Demo Account. Access to real-time streaming quotes and charts allows you to simulate trading and make informed decisions using live market data.

TradingView

tradingview.com website

TradingView’s Basic plan is a free version of their service that offers many advanced features but with certain limitations. As a Basic user, you can browse stock charts but are limited to one chart per tab and the ability to save a single chart layout.

However, you can use three indicators per chart (with one custom indicator), create custom scripts using Pine Script, and employ over fifty “smart drawing” tools.

Despite being a free plan, Basic offers impressive technical analysis features such as broker integration, simulated trading, extended trading hours, a real-time news feed, global trading data, financials, and an economic calendar.

Factor 2: Paid features

  • eSignal: Includes advanced scanning tools, real-time news, and extensive data sources.
  • TradingView: Offers many tools and now supports options, but eSignal’s data sources remain broader.

eSignal

eSignal offers a range of paid features that can enhance your trading experience. One of the most popular paid features is the Advanced GET scanner, designed to identify trading opportunities based on specific criteria. eSignal also offers access to a wide range of news sources and an economic calendar to keep you up-to-date on market-moving events.

Their backtesting and scanning tools can also help you evaluate trading strategies and identify potential opportunities.

TradingView

TradingView offers a variety of paid features to help traders gain an edge in the markets. For example, the Pro and Pro+ plan provides access to real-time data, which can be essential for active traders.

Other features include the ability to plot multiple charts on one screen, custom time intervals, and more powerful indicators. TradingView also offers an extensive library of educational resources, including articles and videos that can help traders of all levels improve their skills.

Additionally, the Premium plan includes features such as extended trading hours and priority customer support. TradingView’s paid features offer many tools and resources to help make more informed trading decisions.

I recommend you go through our TC2000 vs TradingView review or even our FinViz vs TradingView review to see how it compares against alternatives out there.

Factor 3: Subscription

eSignal has the Highest Paid Plan

  • eSignal premium price is $416/month
  • TradingView Pro+ has custom indicators
  • eSignal’s Elite plan includes access to real-time market news

eSignal

eSignal offers a range of subscription options, including the Signature plan, which starts at $204 per month and includes access to real-time market data, customizable charts, and advanced backtesting and scanning tools.

The Elite plan, which starts at $416 monthly, provides access to additional features such as an options analysis tool and real-time market news.

TradingView

TradingView offers a range of subscription plans, including the Free program, which provides access to basic features. The Pro plan starts at $14.95 per month.

The Pro+ plan, which starts at $29.95 per month, adds features such as custom indicators and server-side alerts. The Premium plan starts at $59.95 per month for traders with more advanced needs.

External Customer Reviews & Ratings

External eSignal Reviews & Ratings

SiteRating
MyfXbook2.4 from 5 reviews
MyfXbook2.4 from 5 reviews
Google Play1.3 from 44 reviews
Trustpilot1.3 from 65 reviews

External Tradingview Reviews & Ratings

SiteRating
Apple App Store4.9 from 69,480 reviews
Google Play4.8 from 406,909 votes
G24.6 from 48 reviews
WallStreetZen4.5
TrustRadius4.5
DayTradingz4.2

eSignal vs TradingView: Our Summary

eSignal and TradingView are popular platforms offering a range of features and tools for traders of all levels.

eSignal is known for its powerful Windows-based application, which uses JavaScript as a scripting language to allow users to build custom indicators. The platform offers real-time market data, backtesting, and trade execution capabilities, making it a flexible and powerful tool for traders.

TradingView, on the other hand, is known for its affordable cloud-based charting software and social networking features. The platform provides access to various markets, including stocks, forex, and cryptocurrencies.

Click here to sign up for TradingView.

Receive $15 welcome bonus when you sign up today with this exclusive link!

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