TradeMiner is a specialized research service developed for scanning databases of stocks, futures, and foreign currencies, as well as for finding historically proven trends and market cycles. Trade Miner differs from many other trading services since it only provides users with historical data of individual assets. The main idea of developers was that every trend, cycle or pattern is likely to come again if it has repeatedly appeared in the past.
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It is essential for traders to learn how to recognize these trends and understand how they work in reality over time. In this way, traders can use past data to predict costs and take more educated decisions in trading. Forex and Futures components of the TradeMiner platform are similar to the stock market. So, traders can switch comfortably between various applications regardless of which type of trading they use at a particular moment.
TradeMiner Software Overview
Who Is the Platform Developer and What Is Its Cost?
The TradeMiner platform was developed by Gecko Software, Inc. The actual founder of this company is Lan Turner. The company developers have focused their software tools for trading. Their platform does not use any cloud based server. It is easily downloadable on the user’s computer device, and it has three data feeds. Software is very functional, practical, and intuitive.
The subscription fee is $194 a year for all three feeds. If a trader selects only one of the three feeds, the fee will be $97 a year. Once the fee is paid, historical data for the feeds become available for the subscriber. This software enables you to scan the past 30 years of the market to find the most profitable trends and assets according to their minimum and maximum quotations. This information can assist a trader in making an informed purchasing decision.
What Are TradeMiner Software Functions?
The main functions of the offered software are primarily:
- Graphs Analyzer: A great diversity of charts are provided allowing you to viewing information over several years, including trading trend logs and the reward/risk ratio in certain transactions and trends.
- Trade Alerts: This feature enables you to receive timely alerts via email therefore, notifying you about the beginning of the selected trades. Settings are also available to make it either the same day they begin or several days in advance upon at the user’s discretion.
- Mine and Portfolio Tabs: Two primary screens can be switched and are listed as mining and portfolio tabs which are used to access this data. Here, users can place their specific requests and get corresponding results using the mining screen. The results are allotted by a final score earned for each trade, and top trades are listed first. It is also possible to filter the results by trading symbols, buying or selling actions, and the dates of entering and exiting for each trade, as well as by other characteristics of trades. A particular histogram, found among these charts, gives data on profits and losses. The equity curve shows historical return in the trades and the pie chart allows getting a typical reward/risk ratio for potential trades of interest.
- Settings Tab: This makes It possible to select the number and types of particular stocks and get data upon receipt. These stocks can be grouped according to different indexes, such as Dow Jones, NASDAQ 100, S&P 500, as well as individual stock types.
Educational Support
An introduction video is provided about how to utilize this software and use its specific functions. Videos of webinars are regularly posted on the website. Here, users may familiarize themselves with a PDF manual that includes, audio interviews, and a FAQ section.
When clicking the Education Tab on the TradeMiner website, you can get access to various educational and training materials. A dedicated folder to stocks also has a number of training videos for beginners, audio interviews with well-known traders, educational trading material in PDF, practical webinars, and a tutorial about the TradeMiner platform.
Money Back Guarantee
TradeMiner offers a 60-day money back guarantee program, since it does not provide a free trial version. Also, the customer support personnel usually contact active subscribers to enquire whether they are happy or still interested in the further use of the software provided.
Social Media
TradeMiner has its pages on Facebook, Twitter, Instagram, and YouTube. All information is provided regarding the company’s specific software its approach to assisting traders.
TradeMiner Review
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TradeMiner is not a trading system. The company simply provides a useful tool that performs effective research of past data based on stocks, futures, and other assets. Experienced traders can successfully use it to increase their chances of selecting profitable trades in the past and predict their occurrence. This service does not provide either charts or tools for fundamental analysis and it has only one function for scanning historical dates to finding potentially profitable assets. This fact is not considered very beneficial by some traders. Lastly, the convenience factor is missing for traders who are accustomed to using various technical and fundamental indicators for their businesses.
