Any trader will tell you that a good charting and analysis tool can make or break your trading career. SmartTrader incorporates algorithmic trading, charting, workspaces, smart tools, and many other features to discover profitable trades.
Is this the platform you’re looking for? Dig deeper into my SmartTrader review to know more about the platform and if it can help you to become a successful trader.
This SmartTrader Review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.
Table of Contents
Pros: What I Liked
Highly customizable workspaces
Automated technical analysis tools
Feed of daily trade ideas
Cons: What I Didn't Like
Only supports trade execution for forex
No stock or forex scanners
Trading rooms and smart gauge cost extra
You probably discovered SmartTrader for the same reason you might have come across any other financial newsletter, trading service, or investment program:
Because you want more money in less time.
And chances are, you want to quickly multiply the money you do have (as opposed to waiting months or even years to see a decent ROI).
This is a really exciting promise, and it’s probably why the financial publishing and training industry is worth billions of dollars.
The problem is, because the idea of doubling, tripling, or 10X-ing your money in a few minutes to a few days is so enticing, there are a ton of shady characters in this space.
But, putting that aside, let’s say every investing guru and “trading expert” on the internet had the best of intentions.
Even with proprietary algorithms, a room full of supercomputers, and a team of rocket scientists, most of these experts would be lucky to get it right 20% of the time.
Now sure, we’re talking about asymmetric bets here, so theoretically the winners should more than make up for the losers.
But in order to make that happen, you can NEVER miss a trade. With a 20% success rate (speaking optimistically), one missed winner could turn a profitable month into a loser.
That’s a lot of pressure and a lot of stress (not to mention a lot of losing) with not much certainty.
But what if there was a way you could build a passive income stream that’s actually passive?
An income stream that doesn’t require:
- Constantly monitoring your phone for buy/sell alerts
- Obsessively watching charts and movement
- The emotional roller coaster and angst of hoping one winner can cover the last 8 losses
- Gambler’s odds (20% chance of success is worse than the odds of winning at Blackjack)
An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)?
An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day monitoring charts, trades, and alerts?
If that sounds like something you’d be interested in, check out Digital Real Estate.
However, if you’d still like to know more about SmartTrader, keep reading.
What Is SmartTrader?
SmartTrader is a trading platform with a comprehensive charting and analysis platform for stock, forex, and cryptocurrency trading. The platform supports automated technical analysis, algorithmic trading, and access to professional trade ideas and trading rooms. SmartTrader is extremely customizable and can be connected to any MetaTrader 4 brokerage.
The platform’s automated technical analysis toolbox is a significant part of what makes SmartTrader’s charts actionable. Fibonacci retracements, trendlines, support and resistance lines, pivot points, and candlestick patterns are all automatically overlaid by the system.
For retracements and trendlines, just click where you want the pattern to begin on your chart. Whether an experienced trader or a beginner, fast-track your trading analysis with SmartTrader’s proprietary Smart Tools, plus over 100 standard tools that help save time and boost accuracy.
SmartTrader also provides a “smart gauge” tool, but only as an add-on for $99 regardless of subscription level. This tool allows you to establish thresholds for any collection of indicators and then displays buy, sell, or hold ratings depending on those thresholds. As a result, you can quickly know if an asset is a buy or sell for your trading strategy.
Charting And Workspaces
The charting interface of SmartTrader is at the core of the platform. Candlestick, bar, line, Heikin-Ashi, Kagi, mountain, and point-and-figure charts are among the many styles available. Price intervals may be as short as one minute, and over 100 popular technical indicators can be added to charts. You may also design and save your custom indicators for future use.
One of the wonderful features of SmartTrader’s interface is the ability to view numerous charts at the same within a workspace. The platform offers a variety of layout choices for managing the size and position of charts inside a workspace, and changing charts are as simple as dragging and dropping. Furthermore, you may have many workspaces you can organize by asset, trading strategy, or whatever you choose.
SmartTrader receives a feed of trade ideas, which often include annotated charts and suggested entry and exit points. Unlike on services such as TradingView, anybody may post trade ideas. Rather, most of the feed’s ideas come from the professional traders who operate SmartTrader’s paid trading rooms.
Please take note that SmartTrader is not affiliated with cTrader. cTrader is a complete trading platform solution for Forex and CFD brokers, where you can create your own chart, which is important when automated strategies testing. While SmartTrader is a trading platform with a comprehensive charting and analysis platform for stock, forex, and cryptocurrency trading.
WaveBasis is also not affiliated with SmartTrader. WaveBasis is a web-based software platform for automatic detection and technical analysis of Elliott Wave patterns. It boasts an innovative collection of exclusive tools and features a sophisticated pattern recognition engine.
Alerts And Algorithmic Trading
SmartTrader also allows you to generate alerts with sound, email, or text notifications. Price, volume, or any other technical indicator may be used to generate alerts. The only restriction is that you cannot mix numerous indicators while setting an alert. Prime and Pro customers may set alerts to send a notification and execute a trade with their connected broker.
Market Watch Widgets
Along with the charting interface, there’s a panel with various widgets to help you keep track of the market. Watchlists, news feeds, an economic calendar, and alerts are among the default widgets. If you have connected brokerage accounts, you may create a widget for each account that allows you to make trades directly from your charting screen.
How Much Does SmartTrader Cost?
You may use SmartTrader for free and access several of the platform’s basic charting and analysis tools. Free users are restricted to one saved workspace, three indicators per chart, and in-app alerts only. Furthermore, with a free account, you cannot access most of SmartTrader’s automated technical analysis tools.
- The Plus plan is $14.95 per month or $155.40 annually. You can have up to five saved workspaces and five indicators per chart, email alerts, automated trendlines, one custom market watch panel, and custom indicators.
- The Prime plan is $29.95 per month or $299.40 annually. It enables using other chart types, including Heikin-Ashi, automated pivot point analysis, SMS alerts, and alert-based trades. Prime members may also create scripts for algorithmic trading and backtest these.
- The Pro plan is $99.95 per month or $1,019.40 annually. It primarily provides more workspaces, custom indicators, and alerts than the Prime plan. The Pro plan also allows you to connect an unlimited number of brokerage accounts, but the Prime plan only allows you to connect three.
SmartTrader validates your trading decisions and provides you with all the information you need to confidently make trades due to automated Smart Tools, relevant data, widgets, and more. SmartTrader gives market context to the late data. You can also customize your dashboard in SmartTrader to fit your trading style.
Is SmartTrader A Scam?
So, is SmartTrader a scam? Not technically. You can make money with it, but it’s definitely not as easy as SmartTrader makes it sound.
Again, with any kind of financial product (especially trading), you’re taking on a lot of risk.
Sure, you could hit it big and retire in Italy, but chances are you need the stomach and financial cushion to weather tons of losses before you get there…and it may never happen.
Most of the big gains numbers these companies use in their marketing (“xyz grew by 4,112% in 3 months” or “this option made 324% in just 2 days”) are cherry-picked.
In other words, if you invested $100 into 11 recommendations, you’d lose $1,000, and make back $324…so you’d still be out almost $700.
What if, instead, you took those same 3 months, invested just a couple hours a day (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month?
And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?
And what if you could double it next week?
Well, that’s the power of Digital Real Estate.
It’s a true lifestyle business.
Your laptop and an internet connection is all you need.
Some of the most successful students in this program run their entire 6-figure businesses from:
- A camper in the middle of the woods
- A beach chair on the water in Mexico
- A small villa in Greece
They’re able to travel around, living their lives first, and focusing on their income second.
Because even if they stop working for an extended period of time, the money keeps coming in.
So adventure, memories, and experience are the top priority.
And they never have to worry about how to pay for the next trip, or consider asking for time off.
If this sounds more like the type of life you want to lead, just click here to find out more about Digital Real Estate.
Are There Alternatives To SmartTrader?
Yes, there are plenty of Affiliate Marketing programs and resources to choose from if you want to pursue this business model. Here are just a few:
Yes, there are plenty of other business models to choose from if you want to pursue this making money online. Here are just a few:
What Is My Top Recommendation For Making Money Online In 2022?
Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.
While there may be no “perfect business”, the research IS conclusive:
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Real Estate is for you.
1. It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Real Estate business.
And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.
Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.
This is only possible if you have an income stream that’s not tied to your time.
2. You Own & Control EVERYTHING: With anything in the financial markets, you own and control NOTHING. You have no say in price fluctuations, demand, or what the market will do.
Trying to beat the market is fighting against the tide. There’s just too much working against you, no matter how many supercomputers or rocket scientists are on your side.
With Digital Real Estate, you own the assets, which means you have all the power and all the control.
3. Little To No Startup Costs: It’s possible to get into Digital Real Estate with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.
Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.
4. Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).
Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.
Because you have more knowledge, more experience, more results, and more momentum.
If you wanted to double your income with any kind of trading or investing, you’d have to double your initial capital OR double the average order size of your existing trades. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.
5. Make Money Helping Real People: This part is what makes it all worth it. In the financial markets, you might be helping your family, but the impact never goes beyond you and maybe a few others.
But with Digital Real Estate, you’re actually helping people by solving your clients’ biggest problem:
Small, local businesses need more customers, and with Digital Real Estate, you are unleashing a flood of happy, paying customers for these businesses.
You make money by helping them make money.
Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.
Once you see how Digital Real Estate makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.
Now, the choice is yours. You could continue browsing, looking at opportunities like Smart Trader which could one day make you money.
You could continue researching, never making a decision.
OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Real Estate.
A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.
All while genuinely helping real people who are grateful and happy to pay for it.
If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Real Estate.