ProRealTime.com Reviews

I agree that PRT offers a great EOD tool for free. I am in the process of evalutating the RT feed to see if it is worth paying a monthly fee. I curretnly use Metatrader 4 as my RT feed for free.

I have been using eSignal as my charting program for 12 months since I started forex trading and became disenchanted with paying $140 / month for RT data when I am still not yet consistent enough with my strategies to be making enough profits to pay for the data feed. So I went looking for alternate charting packages that were comparable to the great features available in eSignal and found PRT only recently. The features I already like about PRT are:

- can setup linked multiple charts just like I could with eSignal

- Can set up a ProScreener to quickly search for candlestick patterns that my strategies rely on (and these were already preloaded on PRT so I did not need to program anything)

- The Cursor aligns on all linked charts and moves in a coordinated fashion on all charts when I reposition it on any single chart (this is a feature I loved about eSignal and a missing feature on Metatrader 4 that frustrates me immensely)

- I can maintain the chart template setup on different computers without needing to swap files between the computers or spend time re-doing setups on the other computers. (Can't do this on eSignal or Metatrader 4)

- I can run it on WIN or MAC computers (I currently use both these and so have been needing to use a WIN virtual O/S on my MAC to run Metatrader and eSignal)

- PRT loads faster than the GFT Dealbook 360 and Metatrader 4 platforms when I change forex pairs

I have been contemplating using the Metatrader 4 platform for my intraday strategies and will probably stay with PRT for my EOD strategies and some weekly timeframe strategies I am wanting to develop.

I like what I see in PRT so far.

GregT

I've been using this trouble-free for a couple of years (EOD) and haven't paid a penny. There are probably better options for RT access, but for the lone small EOD trader for whom monthly costs are a factor, I think this is the best available.

ADVANTAGES:

-Free EOD

-Java web-based so can access from any computer

-very comprehensive tool-set

-easy to use backtesting module

-can design own indicators & screeners easily or upload from the community

-European & US stocks, indicies, fx, futures

DISADVANTAGES:

can be slow & clunky

RT data costs

Perhaps more a Jack of all trades and a master of none

I used Sharescope EOD for a while but unless you need access to lots of fundamental data, Prorealtime is the way to go