VectorVest is a financial analysis and portfolio management platform that uses advanced algorithms and data science to help traders and investors make informed decisions about the stock market. It offers real-time data and risk management tools to help users maximize returns and minimize risk.
Let’s face it; software programs are the way to go when it comes to stock trading. If you have been looking around for reliable trading software, you must have come across Vectorvest.
If you are wondering if this platform is what you need to make it in the game, we will help you make this decision.
It has been around since the 70s, and our review should reveal whether it can keep up with similar platforms such as Trade Ideas, Ninja Trader, and eSignal.
What is Vectorvest?
This is software that sorts and analyzes data on the stock market. Its sole aim is to give you a clear direction on which shares to invest in.
The program offers professional advice and answers to queries you may have concerning the main movers in the market.
In the end, it gives you the advantage you need to trade like a pro without having to spend the whole day watching charts and monitoring news.
However, the ultimate decision on the move to make squarely rests with you.
Another thing to be aware of is that, just like other trading platforms, Vectorvest can be overwhelming at first. Fortunately, lots of video tutorials are provided to help you learn the ropes.
The creator of this platform is Dr. Bart Diliddo, a mathematician with a strong investment and finance background.
His starting point in the trade can be traced to almost three decades ago when he analyzed market trends and created different market interpretation models.
From here, he developed different software programs that analyzed and ranked stocks based on their performance.
Key Features of VectorVest
Let us now look at some of the tools that enable this software to function as was the creator’s intention.
1. News and Color Guard
All the data on the market has been compiled and presented on the dashboard in a way that makes it easy for you to understand. For instance, there is the Market Timing Gauge that shows the prevailing market situation.
Another thing is that all the data is highlighted in yellow, green, and red colors. On top of that, you can use the Color Guard Feature to customize the table colors to your preference.
The charting of this software is powerful and convenient at the same time. This feature is easy to handle, and you can access it from anywhere within the platform.
The chart may resemble other trading software, but you can rest assured that it provides all the vital functionalities.
You may also appreciate that all the data is presented in different time frames. This makes it easy for you to compare past and current events before making a decision.
3. Market Timing Indicators
Graphs are used by this tool to give you a clearer picture of the weekly updates and advisories. The information presented depends on your investment strategy as well as your risk tolerance.
It provides you with precise entry and exit points to help you decide on your next move.
4. TradeNow Broker Integration
You could also link other trading tools such as interactive Brokers, Ally Invest and TradeStation, to VectorVest 7 and Mobile. The aim of this connection is to give you a better stock trading experience.
5. Stock Analysis
This system analyzes and ranks stocks numbering up to 20000. All these come from numerous industry groups and business sectors.
And if you want to do your own analysis and ranking, you could do so via a few mouse clicks.
6. Back Tester
There is also a built-in tool on the platform that allows you to backtest the trading systems so that you can know how they performed in the past.
The trading systems whose performance you get to gauge include Power Moves III, Sure-Fire Success, and Low-Priced Spikes.
Once you test these systems, you can know which one performed better in the past, as well as which one is likely to perform better in the future.
7. Scanners and Trading Alerts
One advantage with VectorVest is that you do not have to scan proven strategies. Rather, you let the software do all the hard work for you, and it can track between 7000-8000 stocks.
If there are any changes in the stocks’ conditions, you will get an instant alert.
From here, the trader could either adopt this strategy execution or could run the stock through their methodology.
8. Watch Lists
This software features several pre-configured watch lists that you could follow. The categorization of these lists is based on the platform’s proprietary algorithms. This saves you a lot of time and energy in finding the ideal stocks to trade in.
You also have the option of creating your own watch lists.
9. The Markets
Note that the data provided by this system is not limited to the US alone. In essence, it covers a total of seven stock markets globally.
The markets are broken down as follows:
- The US with over 7900 stocks in 26 industry groups across 41 business sectors
- Canada with over 3400 stocks in 127 industry groups over 41 business sectors
- Australia with more than 1700 shares in 28 industry groups over 12 business sectors
- The UK with over 2000 shares in 160 industry groups across 39 business sectors
- Singapore with 750 shares in 28 industry groups across 12 business sectors
- Hong Kong with more than 1600 shares in 28 industry groups across 12 business sectors
- Europe with over 2200 shares in 161 industry groups over 12 business sectors
As you can see, the number of stocks and shares that this software analyzes is quite tremendous. This is one of the aspects that gives this tool an edge over other similar trading tools.
Plans and Pricing
Dr. Bart Diliddo’s program offers you three different packages to choose from. We have broken them down below in detail.
Also called the ‘End of Day’ package, this is the cheapest package, and it costs $69 per month. It also features a trial period where you need to pay $9.95 during the duration.
If you subscribe to this package, you will get access to the VectorVest mobile as well as the VectorVest End of Day analysis and market timing.
The next package has some similarities to the first one, only that there is an added advantage of getting live data that is updated every fifteen minutes.
It has a 30-day trial period during which you have to pay $9.95. Once this period lapses, the package shall cost you $89 monthly.
The third package is touted as the best for those who are just getting into day trading. Here, you can forget about the delays you were getting with the previous versions as the market data will be live-streamed.
If you are an active trader, we recommend that you go for this package. The cost starts at $9.95 during the trial period, and then after, you have to pay monthly charges of $129.
As we mentioned earlier, this package offers you access to real-time market data. The significance of this is that you can make your move without wasting any time.
You can acquire and get rid of stocks at the right time.
Another advantage is that this software gives you access to WatchDog, Auto Timer and Pro Trader 7, at no extra cost.
Stock Advisory Mobile Application
This mobile app by VectorVest allows you to access your trading tools from just about anywhere. These tools include the Stock Graphs, the Watch Lists, Market Timing, among others.
Plugins and Add-Ons
With this program, you are going to have various plugins and add-ons at your disposal. All of these items aim to enhance your stock trading experience.
With this add-on, you can buy and sell your requests to your broker straight from your dashboard. You shall do this via the TradeNow functionality, though the add-on would cost you $99 per month.
This is the ultimate solution for moving average crossovers and trendline breaks. To access this add-on, you have to pay a one-time fee of $495, unless you are on the premium package.
This is an enhancement of the WatchDog, and it screens widely in all stock markets globally for any setups that you need.
It will cost you $99 per month to access this add-on.
This add-on uses the computing power of whichever device you are using to calculate a mini-portfolio based on over 30 short strategies and 100 long ones.
To use the add-on, you have to part with $99 per month.
As the name suggests, this feature aims to help you secure the profits you have already made by stopping trailing trades. How it does this all depends on the criteria that you have set.
To use this feature, you have to pay $99.
Pro Trader 7
If you have subscribed to the premium package and want to use the Pro Trader 7, you have to pay $129 per month. As for the Basic and Enhanced package users, a one-time fee of $495 would be enough for you to use this plugin.
The significance of this plugin is that it gives you access to technical conditions and fundamental screens such as Channels, Crossovers, and Moving Averages. All of these are pre-built in the feature.
For the option traders, the OptionsPro and Option Analyzer plugins are here for you. The former costs $249 per month, while for the latter, you have to pay $495 (a one-time fee).
There are other add-ons and plugins that you may consider, and they include the Autotimer and Personal Portfolio analysis.
Note that to save money, you should only choose the plug-ins or add-ons that you need.
All the VectorVest products have a trial period. The purpose of this period is that you can take advantage of it to build your confidence with the software.
On top of that, this duration should help you decide whether or not this product is what you are looking for.
The trial period for each subscription package is not free, and it will cost you $9.95. Once this period ends and you like the product, you can start paying the monthly fee, depending on the subscription package you are in.
Who does the VectorVest suit?
Any private investor and stock trader who wants to stay ahead of the pack should consider trying out the VectoVest software.
It is a tool that works for beginners and pros alike, and all it requires are your discipline and proper risk management.
Swing, position and portfolio traders would particularly enjoy this service since it provides them with ideas on how to tackle each strategy.
Besides VectorVest, there are other stock trading software packages that you may go for. These include Trade Ideas, TC2000, eSignal, Meta Trader, and Ninja Trader.
Every trader needs all the help they can get to make the right decision before making a move in the stock market. One such tool is the VectorVest software, and if you use it appropriately, you are likely to have the edge over your competitors.
The great thing is that this tool is ideal for both beginners and professionals, and you have three different packages to choose from.
So, take your time and head to the website to find the package that suits your needs. Keep in mind that the module pricing may make it a challenging and confusing in making a proper estimation of the overall price.
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