UltraAlgo Review 2023

By: Jeremy Biberdorf Apr 23, 2023
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4.4 rating based on 5 ratings

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In a nutshell: UltraAlgo is a unique platform that uses algorithms to help traders optimize their profits. It integrates with many popular brokers, including TradeStation, Interactive Brokers, TradingView, and TD Ameritrade. It simplifies trading by providing buy and short signals through algorithmic technical analysis.

While UltraAlgo is a fairly unique platform, it nonetheless is far from the only technical analysis platform. How does it work, and what are its features? Keep reading for answers to these questions and more in our comprehensive UltraAlgo review.

Premium | $67/month7-day risk-free trial
Pros & Cons
  • Available across leading trading brokers
  • Stock, forex, options, and Level II trading
  • Many research and analytical tools
  • Back-tested trading algorithms
  • Simplifies algorithmic trading
  • User experience could use some smoothing out
  • Fairly costly service relative to some competitors

UltraAlgo Review 2023 | Is UltraAlgo Right for Me?

UltraAlgo is an innovative platform that uses genetic algorithms to optimize trading. Users can save tons of time by using UltraAlgo’s back-tested and proven algorithm, as it delivers buy and sell signals based on a combo of 15 indicators.

UltraAlgo may be a great option for traders who are looking to optimize their profits and save time. It’s particularly good for day traders and swing traders who want to take some of the guesswork out of their trading.

UltraAlgo integrates with many leading brokers, including TradeView and TradeStation, making it a convenient tool that’s simple to add to an existing workflow. There are also tools that are helpful for all kinds of investors, including a portfolio allocation tool, index risk balancing, trade alerts, market news, and much more.

UltraAlgo is a unique and innovative platform with a solid track record, but how well does it align with your investment needs and goals? Keep reading to learn more about how it works as well as its top features, so you can decide for yourself if it might be right for you.
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How Does UltraAlgo Work?

Over 17,000 traders use UltraAlgo to receive trading signals for a number of top brokers, including TradeStation, TradingView, Interactive Brokers, TD Ameritrade, and more. It was developed by professional traders and combines 15 different technical indicators to provide optimized results.

Even beginners will find UltraAlgo simple to use. Once signed up, all you have to do is enter a given stock ticker (e.g. $MSFT), and you’ll receive real-time data You can then use the one-click optimizer to find profitable trading patterns within seconds.

Traders can also backtest for profit factors, deploy multiple optimizing algorithms, and use UltraAlgo for stocks, futures, and forex. There are also tools to better understand options chains, as well as hundreds of stock trading ideas videos.

Once you sign up, you receive instant access to UltraAlgo, which requires no special downloads.

UltraAlgo Features

UltraAlgo provides traders with various innovative features that help set it apart from other online platforms, including the following:

  • Top integrations – As many day and swing traders already use TradingView, TradeStation, TD Ameritrade, or Interactive Brokers, UltraAlgo’s integration with these brokers makes it super simple to take advantage of their algorithmic trade signals.
  • Simplifying algorithmic trading – Algorithmic trading can be complicated, but UltraAlgo simplifies it drastically. Even beginning retail investors can get a handle on UltraAlgo thanks to its intuitive interface and educational resources.
  • Educational resources – Speaking of that, UltraAlgo is a great platform with much more than just technical analysis signals. It also offers hundreds of videos offering stock trading ideas.
  • Fast queries – The average query time comes in at under six seconds, which is the kind of speed that day traders need to get in and out of securities with precision.
  • Many tools – As mentioned, UltraAlgo offers much more than just trading signals. It also offers real-time data, supports stocks, futures, and forex, and includes other tools, such as a portfolio/risk allocation feature, live backtesting, and Fortune 1000 optimized alerts.

UltraAlgo Pricing & Plans

UltraAlgo is straightforward when it comes to pricing. There’s a flat monthly fee of $67 per month for its one plan, which is called Premium.

There’s also a 7-day, risk-free trial, which is a great way to see how UltraAlgo works firsthand before committing to the monthly fee.

While UltraAlgo isn’t exactly cheap, it offers a lot of great tools and powerful algorithms for a reasonable price. Traders should be able to easily make their money back thanks to UltraAlgo’s proven trade signals.

Is UltraAlgo Worth It?

Is UltraAlgo worth it? That will depend on your budget and your unique investment goals and preferences.

UltraAlgo will be worth it for many traders, as it is a convenient tool that greatly simplifies technical analysis. It takes much of the guesswork out of trading and, as mentioned above, should allow traders to easily cover the monthly subscription cost.

You don’t have to worry about UltraAlgo being a scam either, as it has a 3.8/5 score on Trustpilot. While this isn’t an amazing score, the two written reviews are both overwhelmingly positive.

To check out UltraAlgo for yourself, click here to see how it aligns with what you’re looking for.

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Jeremy Biberdorf

About the Author:

Jeremy Biberdorf is the founder of Modest Money. After working many years in the website marketing industry, he decided to take on blogging full time and also get his finances headed in the right direction. Also check out his contributions to Equities.com and Benzinga.