Jeremy Biberdorf
By: Jeremy Biberdorf
Apr 23, 2023

UltraAlgo Review 2024

Jeremy Biberdorf
By: Jeremy Biberdorf
Apr 23, 2023

Disclosure

Disclosure: This page may contain affiliate links. This means we earn a small commission (at no additional cost to you) if you purchase a product through our links.
Disclosure: This page may contain affiliate links. This means we earn a small commission (at no additional cost to you) if you purchase a product through our links.
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4.4/5

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
Pros
  • Available across leading trading brokers
  • Stock, forex, options, and Level II trading
  • Many research and analytical tools
  • Back-tested trading algorithms
  • Simplifies algorithmic trading
Cons
  • User experience could use some smoothing out
  • Fairly costly service relative to some competitors

What is UltraAlgo?

ultraalgo.com website

UltraAlgo is a trading optimization platform that harnesses the power of algorithms to offer traders precise buy and sell signals. Established as an integration-friendly platform, it readily connects with leading brokers like TradeStation, Interactive Brokers, TradingView, and TD Ameritrade.

Through its advanced genetic algorithms, UltraAlgo processes and combines 15 distinct technical indicators to produce data-driven trading insights. Catering to both beginners and seasoned traders, this platform provides real-time data and a one-click optimizer, simplifying the trading experience.

Apart from its core algorithmic trading functions, UltraAlgo further aids traders with tools for portfolio allocation, risk balancing, trade alerts, and an expansive library of stock trading ideas.

Whether you’re venturing into stocks, futures, or forex, UltraAlgo equips you with the tools and insights to navigate these domains confidently.

Learn More About UltraAlgo

External UltraAlgo Reviews & Ratings

SiteRating
SourceForge5
Slashdot5
Facebook4.6 from 12 reviews

Firsthand User Experience with UltraAlgo

Here are some reviews from traders who have experienced the platform firsthand:

“Simple and Effective Charting and analysis for trading. Have already recommended a few people to the tool and will continue to do so. Profitable from day 1.”
“Amazing indicator. I was barely making money as a trader before I used this indicator. With the correct settings, my ROI was 506% this past month and I have saved so much time and money!”
“If you’re looking for a tool that is easy in finding patterns, this will be a good match. There are no such things as silver bullets, but this is pretty close.”
“Great introduction to algorithmic trading. Pretty much a click and play solution, which is nice. Hardest part is finding the right plays, but sticking to large tickers delivers pretty consistent results. Highly recommended.”

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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