Best Free Desktop Application for Market analysis Buying-Selling for Trader-Trade Racer Desktop app.

Diznr International

1 month ago

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For traders seeking free desktop applications for market analysis and trading, several robust platforms are available:

MetaTrader 4 (MT4)
A widely-used platform offering advanced charting tools, technical analysis, and automated trading through Expert Advisors. Its user-friendly interface and extensive community support make it ideal for both beginners and experienced traders.

Wealth-Lab
This platform provides a comprehensive environment for backtesting trading strategies using historical data. It supports C# and its proprietary scripting language, WealthScript, allowing for the development of custom indicators and strategies.

Statmetrics
A free, cross-platform application offering tools for econometric analysis, technical analysis, risk management, and portfolio management. It’s suitable for traders interested in quantitative finance and econometric methods.

Robinhood Legend
A new desktop trading platform aimed at active traders, offering advanced features like customizable layouts, technical indicators, and the ability to display multiple charts simultaneously. It caters to traders who prefer larger screens and advanced functionalities.

Money.Net
A cloud-based platform providing real-time streaming financial market information, including prices, breaking financial news, technical analysis charts, and trade idea generation tools. It’s accessible as a desktop application and via mobile devices.

Each of these platforms offers unique features tailored to different trading styles and preferences. It’s advisable to explore them to determine which aligns best with your specific trading needs.

Here’s a quick and helpful breakdown of one of the best free desktop applications for traders in India—Trade Racer by ICICI Direct—used widely for market analysis, charting, and placing buy-sell orders.

Contents

1 Best Free Desktop App for Market Analysis & Trading
- 1.1 Name: Trade Racer (by ICICI Direct)
2 Key Features of Trade Racer
3 How to Download and Use Trade Racer
4 Why Trade Racer is Great for Traders
5 Who Should Use It?
6 Alternatives (if you don’t have an ICICI account)
- 6.1 Best Free Desktop Application for Market analysis Buying-Selling for Trader-Trade Racer Desktop app.

Best Free Desktop App for Market Analysis & Trading

Name: Trade Racer (by ICICI Direct)

Type: Desktop-based trading platform
Cost: Free with an ICICI Direct trading account
Purpose: Advanced market tracking, charting, and live trading

Key Features of Trade Racer

1. Live Market Analysis

Real-time streaming of stock prices across NSE/BSE.
Market watch with customizable layouts.
Sector and index tracking tools.

2. Advanced Charting Tools

Multiple chart types: Candlestick, Heikin Ashi, Line, OHLC, etc.
80+ technical indicators (MACD, RSI, Bollinger Bands, etc.).
Drawing tools for trendlines, channels, Fibonacci levels.

3. Heat Maps & Analytics

Visual heat maps to quickly spot gainers/losers.
Stock screeners with filters for volume, momentum, breakouts.

4. Buy/Sell Window

Fast order placement directly from charts.
Bracket order and cover order support.
Option chain for derivatives traders.

5. Alerts & Watchlists

Set price and technical alerts.
Real-time notification when a stock hits your criteria.

How to Download and Use Trade Racer

Visit:
Log in using your ICICI Direct credentials.
Go to “Trade Racer” under the “Trading Tools” section.
Download and install the desktop version.
Launch the app and log in with your trading account.

Why Trade Racer is Great for Traders

Feature	Benefit
Real-time data	Quick decision-making
Customizable dashboard	Personalized trading experience
Advanced technical tools	Ideal for intraday and swing traders
Integrated orders	Trade without switching windows
ICICI backend	Secure and backed by a trusted Indian broker

Who Should Use It?

Intraday traders who need speed and accuracy.
Swing traders looking for technical chart setups.
Beginner to mid-level investors with ICICI accounts.

Alternatives (if you don’t have an ICICI account)

App	Broker	Desktop Version
Zerodha Kite	Zerodha	Web-based only
Upstox Pro	Upstox	Web/Desktop
Angel One SpeedPro	Angel One	Desktop available
FYERS One	FYERS	Desktop version

Would you like a step-by-step visual setup guide or tutorial for Trade Racer or another platform? I can make that for you too!

<img src="https://s.w.org/images/core/emoji/13.0.1/72x72/1f4b9.png" alt="💹" class="wp-smiley amp-wp-843f19c" width="72" height="72" data-amp-original-style="height: 1em; max-height: 1em;"> Best Free Desktop App for Market Analysis & Trading

<img src="https://s.w.org/images/core/emoji/13.0.1/72x72/1f5a5.png" alt="🖥" class="wp-smiley amp-wp-843f19c" width="72" height="72" data-amp-original-style="height: 1em; max-height: 1em;"> Name: Trade Racer (by ICICI Direct)

<img src="https://s.w.org/images/core/emoji/13.0.1/72x72/2705.png" alt="✅" class="wp-smiley amp-wp-843f19c" width="72" height="72" data-amp-original-style="height: 1em; max-height: 1em;"> Key Features of Trade Racer

<img src="https://s.w.org/images/core/emoji/13.0.1/72x72/1f50d.png" alt="🔍" class="wp-smiley amp-wp-843f19c" width="72" height="72" data-amp-original-style="height: 1em; max-height: 1em;"> 1. Live Market Analysis

<img src="https://s.w.org/images/core/emoji/13.0.1/72x72/1f5fa.png" alt="🗺" class="wp-smiley amp-wp-843f19c" width="72" height="72" data-amp-original-style="height: 1em; max-height: 1em;"> 2. Advanced Charting Tools

<img src="https://s.w.org/images/core/emoji/13.0.1/72x72/1f9e0.png" alt="🧠" class="wp-smiley amp-wp-843f19c" width="72" height="72" data-amp-original-style="height: 1em; max-height: 1em;"> 3. Heat Maps & Analytics

<img src="https://s.w.org/images/core/emoji/13.0.1/72x72/1f6d2.png" alt="🛒" class="wp-smiley amp-wp-843f19c" width="72" height="72" data-amp-original-style="height: 1em; max-height: 1em;"> 4. Buy/Sell Window

<img src="https://s.w.org/images/core/emoji/13.0.1/72x72/1f514.png" alt="🔔" class="wp-smiley amp-wp-843f19c" width="72" height="72" data-amp-original-style="height: 1em; max-height: 1em;"> 5. Alerts & Watchlists

<img src="https://s.w.org/images/core/emoji/13.0.1/72x72/1f4e5.png" alt="📥" class="wp-smiley amp-wp-843f19c" width="72" height="72" data-amp-original-style="height: 1em; max-height: 1em;"> How to Download and Use Trade Racer

<img src="https://s.w.org/images/core/emoji/13.0.1/72x72/1f44d.png" alt="👍" class="wp-smiley amp-wp-843f19c" width="72" height="72" data-amp-original-style="height: 1em; max-height: 1em;"> Why Trade Racer is Great for Traders

<img src="https://s.w.org/images/core/emoji/13.0.1/72x72/1f9e0.png" alt="🧠" class="wp-smiley amp-wp-843f19c" width="72" height="72" data-amp-original-style="height: 1em; max-height: 1em;"> Who Should Use It?

<img src="https://s.w.org/images/core/emoji/13.0.1/72x72/2757.png" alt="❗" class="wp-smiley amp-wp-843f19c" width="72" height="72" data-amp-original-style="height: 1em; max-height: 1em;"> Alternatives (if you don’t have an ICICI account)