Get Ahead in the Market: See How profitspi Stock Screener & Backtesting Tools Can Help

Profitspi is a powerful tool for traders and investors seeking to enhance their market strategies. It offers a comprehensive suite of features that allow users to analyze historical data, identify trends, and make informed decisions. With its backtesting capabilities, users can test trading strategies against past market conditions to refine their approach. The screening function helps in filtering stocks based on specific criteria, while the charts and patterns provide visual insights into market movements. Watch lists keep track of selected stocks, and the API enables integration with other platforms for a more streamlined experience. We love the straightforward and transparent pricing with very affordable plans starting at $9.95 per month!

Find Your Next Big Investment with Superior Features

• Screening: The screening tool lets users set various financial and technical parameters to filter through thousands of stocks to find those that meet their investment criteria.
  • Over 50+ pre-defined screens
  • Over 50+ technical indicators including candles, heikin ashi, moving averages, MACD, RSI, stochastics, and many more
  • Over 30+ fundamental indicators
  • Over 15+ chart patterns including bullish engulfing, cup and handle, doji, and more
  • Sector and industry criteria
  • Customizable screens with custom calculations and formulas
• Backtesting: Profitspi’s backtesting feature allows traders to simulate their trading strategies using historical data. This is invaluable for understanding how a strategy would have performed in the past.
• Charts: Profitspi provides detailed charts that are essential for technical analysis. Users can view different time frames and apply various technical indicators to study price movements.
• Patterns: Recognizing price and candlestick patterns is key to predicting future market behavior. Profitspi includes a pattern recognition feature that helps traders spot common formations.
• Watch Lists: Users can create personalized watch lists to monitor the performance of their favorite stocks without having to search for them each time. Can also create screens for watch lists which is one of our favorite features.
• API: For advanced users, profitspi offers a REST API that allows for the integration of its services with other software, enabling a more customized trading setup.

Review Breakdown

• Ease of Use: The interface is user-friendly, though it may take some time for beginners to navigate through all the features.
• Features and Tools: Profitspi offers a robust set of tools that cater to both technical and fundamental analysts, but there’s always room for more innovative features.
• Customization: There is a good level of customization available, allowing users to tailor the platform to their needs, although it could be more intuitive.
• Data Accuracy: The platform provides accurate daily market data, which is crucial for decision-making. Does not provide real-time data.
• Technical and Fundamental Indicators: Profitspi has a solid selection of indicators, but incorporating more advanced options would benefit experienced traders.
• Integration with Other Platforms: While the API is a strong point, further integration with additional platforms and tools would enhance the user experience.
• Customer Support: Customer support is responsive and helpful, but extended hours would improve the service.

Conclusion

In conclusion, profitspi is a comprehensive and versatile trading tool that meets the needs of many traders and investors. Its strengths lie in its backtesting, screening, and charting capabilities, which are backed by reliable data. While there is some room for improvement in terms of integration and advanced features, the platform scores well across most review criteria. Overall, profitspi is a valuable tool for anyone looking to refine their trading strategies and stay ahead in the fast-paced world of stock trading.