You’ve probably drawn a thousand Fibonacci retracements by hand. Support levels, resistance zones, trend lines—the same tedious work, chart after chart. SmartTrader promises to automate all of it with “Smart Tools” that identify these levels instantly.
The quick verdict: SmartTrader is a capable mid-tier charting platform that genuinely automates tedious technical analysis tasks. The Smart Tools work as advertised—automated Fibonacci, support/resistance detection, and trend line identification save real time. But it’s a tool, not a trading system. The platform identifies levels; you still need to know what to do with them. For active forex, crypto, or stock traders who spend hours on manual charting, SmartTrader can cut that time significantly. For beginners or buy-and-hold investors, this isn’t what you need.
SmartTrader at a Glance
| Factor | Details |
|---|---|
| What It Is | Web-based charting platform with automated technical analysis |
| Price | Free (limited), Plus $14.95/mo, Prime $29.95/mo, Pro $99.95/mo |
| Best For | Active traders who want automated Fibonacci, support/resistance, trend lines |
| Not For | Beginners, long-term investors, or traders needing advanced customization |
| Key Feature | Smart Tools automate manual technical analysis tasks |
What SmartTrader Actually Does
Let’s be clear about what SmartTrader is—and isn’t.
It IS: A charting platform with proprietary automation tools. The “Smart Tools” scan your charts and automatically apply technical analysis elements that traders typically draw manually:
- Smart Fibonacci — Automatically identifies and plots Fibonacci retracement levels
- Smart Support — One-click identification of bearish support levels
- Smart Resistance — Automated resistance level detection
- Smart Trend Lines — Algorithmic trend line drawing
- Smart Pivot — Pivot point analysis (Prime and Pro plans)
- Candlestick Formations — Pattern recognition (Prime and Pro plans)
It ISN’T: A signal service, a trading system, or a “make money while you sleep” solution. The platform identifies technical levels—it doesn’t tell you when to buy or sell. You still need trading knowledge to interpret and act on the information.
This distinction matters. If you’re looking for stock picks or trading signals, SmartTrader isn’t the answer. But if you’re an active trader who already knows how to use Fibonacci levels and support/resistance zones, SmartTrader automates the tedious identification work so you can focus on decision-making.
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The Smart Tools: Do They Actually Work?
The core value proposition of SmartTrader is time savings. The question isn’t whether the tools exist—it’s whether they’re accurate enough to trust.
What we found:
The Smart Tools genuinely automate what would otherwise take minutes per chart. Smart Fibonacci identifies swing highs and lows and plots retracement levels automatically. Smart Support and Resistance scan price history and mark key levels without manual intervention. Smart Trend Lines draw connecting lines along price action.
The reality check:
These tools use algorithms to identify what human traders would typically find manually. They’re not magic—they’re automation. A skilled technical analyst might draw slightly different levels based on their interpretation. The Smart Tools give you a starting point, not the definitive answer.
For traders who analyze dozens of charts daily across forex, crypto, and stocks, this automation is genuinely valuable. Instead of spending 5-10 minutes per chart drawing levels, you get instant analysis and can focus on evaluating setups.
The limitation:
Automation works best on clean, trending charts. In choppy, ranging markets, the Smart Tools may identify levels that don’t hold. This isn’t a flaw—it’s the nature of technical analysis. The tools automate the process; they don’t guarantee the outcome.
SmartTrader Pricing: What Each Tier Gets You
SmartTrader uses a freemium model with four tiers. The free tier is genuinely usable—not a crippled demo designed to force upgrades.
| Plan | Monthly | Annual (16% off) | Charts | Devices | Key Features |
|---|---|---|---|---|---|
| Free | $0 | $0 | 1 | 1 | Basic Smart Tools, 3 indicators/chart, in-app alerts |
| Plus | $14.95 | ~$12.55/mo | 2 | 1 | Smart Trend Lines, email alerts, 5 custom indicators |
| Prime | $29.95 | ~$25.16/mo | 4 | 2 | SMS alerts, alert-based trading, candlestick patterns |
| Pro | $99.95 | ~$83.96/mo | 6 | 5 | Unlimited premium indicators, 300 SMS alerts |
Which Tier Makes Sense?
Start with Free if you’re evaluating the platform. The free tier includes the core Smart Tools (Fibonacci, Support, Resistance) with enough functionality to test whether the automation fits your workflow.
Upgrade to Plus ($14.95/mo) if you need email alerts and want to monitor multiple charts. The jump from 1 to 2 charts per workspace and 5 workspaces makes multi-asset analysis practical.
Consider Prime ($29.95/mo) if you trade actively and want SMS alerts plus alert-based trading execution. The candlestick pattern recognition and Smart Pivot tools add meaningful analysis capabilities.
Pro ($99.95/mo) is overkill for most traders. The main benefit is unlimited premium indicators and 5-device sync. Unless you’re running a trading operation across multiple screens and devices, Prime covers what most active traders need.
The Pricing Reality
At $29.95/mo (~$302/year on annual billing), SmartTrader Prime sits in the mid-tier range for charting platforms. TradingView Pro starts lower but the comparison isn’t apples-to-apples. TradingView offers more charting features and a larger community. SmartTrader’s value is the automated Smart Tools—if that automation saves you an hour a day, the premium pays for itself.
SmartTrader vs. The Competition
How does SmartTrader stack up against the platforms you’re probably already considering?
SmartTrader vs. TradingView
TradingView is the dominant charting platform for good reason—massive indicator library, active community, excellent mobile app, and Pine Script for custom indicators.
Choose TradingView if: You want the most features, community-generated indicators, and social trading elements. See our TradingView review for the full breakdown.
Choose SmartTrader if: You specifically want automated technical analysis without learning Pine Script. The Smart Tools do what would require custom scripting on TradingView.
SmartTrader vs. TC2000
TC2000 is built for stock traders who need fast scanning and condition-based alerts.
Choose TC2000 if: You’re primarily a stock trader who wants powerful screening and condition-based alerts. Check our TC2000 review for details on EasyScan and other features.
Choose SmartTrader if: You trade forex or crypto alongside stocks and want automated technical analysis rather than screening.
SmartTrader vs. Finviz
Finviz excels at screening and heat maps but isn’t a full charting platform.
Choose Finviz if: You need powerful stock screening and visual market overview. See our Finviz Elite review for the full breakdown.
Choose SmartTrader if: You need actual charting and automated technical analysis, not just screening.
The Trade-Offs: What’s Good and What’s Not
What SmartTrader Does Well
- Genuine time savings — Smart Tools automate repetitive technical analysis tasks that would otherwise take minutes per chart
- No coding required — Unlike TradingView’s Pine Script, SmartTrader’s automation works out of the box
- Multi-asset coverage — Forex, crypto, and stocks on one platform with consistent tools
- Broker integration — Connects to 100+ brokers for data feeds and trade execution
- Usable free tier — The free account isn’t a crippled demo; you can actually evaluate the platform
What SmartTrader Doesn’t Do Well
- Limited community — No equivalent to TradingView’s social features or community-generated indicators
- Fewer advanced features — Power users may find the customization options limiting compared to TradingView or TC2000
- No verified track record — SmartTrader doesn’t publish performance data because it’s a tool, not a signal service. You’re paying for automation, not results.
- Refund policy unclear — The website doesn’t clearly state refund terms, which is a red flag for a subscription product
- Device limits — Even paid tiers limit device sync, which can be frustrating for traders who work across multiple screens
Who Should Use SmartTrader
SmartTrader fits if you:
- Trade actively across forex, crypto, or stocks
- Already understand technical analysis (Fibonacci, support/resistance, trend lines)
- Spend significant time manually drawing levels on charts
- Want automation without learning to code
- Value time savings over maximum customization
SmartTrader doesn’t fit if you:
- Are new to trading and need to learn technical analysis fundamentals
- Are a buy-and-hold investor who doesn’t use charts
- Need the most advanced charting features and community indicators
- Want a trading system that tells you what to buy and sell
- Need verified performance data before subscribing
If SmartTrader isn’t right for you:
- For maximum charting power: TradingView
- For stock screening: Finviz or TC2000
- For stock picks instead of tools: Motley Fool Stock Advisor
Try SmartTrader Free — See If It Fits Your Workflow
The Bottom Line on SmartTrader
SmartTrader solves a real problem for active traders: the tedious, repetitive work of drawing Fibonacci levels, identifying support and resistance, and plotting trend lines across dozens of charts.
The Smart Tools genuinely automate this work. They’re not magic—they’re algorithms doing what you would do manually, just faster. For traders who analyze multiple markets daily, this automation is valuable. For everyone else, it’s a solution to a problem you don’t have.
The honest assessment:
SmartTrader is a capable mid-tier platform that’s found its niche. It’s not trying to compete with TradingView on features or TC2000 on screening. It’s betting that automated technical analysis tools are valuable enough to justify the subscription—and for the right trader, they are.
Start with the free tier. If the Smart Tools save you meaningful time in your first week, the paid upgrade makes sense. If you find yourself wanting features SmartTrader doesn’t have, you’ve learned something valuable without spending a dollar.
For more analysis tools, explore our guide to the best stock market analysis websites.
Frequently Asked Questions
Is SmartTrader worth the money?
For active traders who do a lot of manual technical analysis, yes. The Smart Tools automate Fibonacci retracements, support/resistance identification, and trend line drawing—tasks that would otherwise take minutes per chart. At $29.95/mo for Prime (or ~$25/mo annually), the value depends on how much time you spend charting. If you analyze 20+ charts daily, the automation pays for itself in time savings. For casual traders or long-term investors who rarely use charts, SmartTrader isn’t worth it.
What are the best alternatives to SmartTrader?
TradingView is the most popular alternative, offering more features, a larger community, and Pine Script for custom indicators. It’s better for traders who want maximum customization. TC2000 excels for stock traders who need powerful screening and condition-based alerts. Finviz is best for screening and visual market overview rather than charting. If you want stock picks instead of charting tools, consider Motley Fool Stock Advisor or Alpha Picks.
SmartTrader vs TradingView: Which is better?
TradingView is better for most traders due to its larger feature set, active community, and Pine Script customization. See our TradingView review for the full comparison. SmartTrader’s advantage is the automated Smart Tools—if you specifically want Fibonacci, support/resistance, and trend lines drawn automatically without coding, SmartTrader delivers this out of the box. TradingView can do similar things with custom scripts, but requires learning Pine Script. Choose SmartTrader for automation simplicity; choose TradingView for maximum flexibility.
How do I cancel SmartTrader?
SmartTrader doesn’t clearly publish cancellation instructions on their pricing page, which is a transparency concern. Based on standard SaaS practices, you would typically cancel through your account settings or by contacting support. Before subscribing, we recommend confirming the cancellation process directly with SmartTrader support. The free tier requires no credit card, so you can evaluate the platform without commitment.
Does SmartTrader work with my broker?
SmartTrader claims integration with “over 100 brokers” for real-time data feeds and trade execution. The platform provides a shortlist of compatible brokers on their website. For alert-based trading (available on Prime and Pro plans), you’ll need a broker that supports SmartTrader’s integration. Verify your specific broker’s compatibility before subscribing to a paid plan.
Is SmartTrader good for beginners?
No. SmartTrader automates technical analysis tasks, but it doesn’t teach you how to trade. The Smart Tools identify Fibonacci levels, support, resistance, and trend lines—but if you don’t know what those mean or how to use them, the automation won’t help. Beginners should learn technical analysis fundamentals first, potentially through educational resources or paper trading, before investing in a platform like SmartTrader.
Does SmartTrader offer a mobile app?
SmartTrader is primarily a web-based platform accessible through any modern browser on desktop or mobile devices. Unlike TradingView, which offers dedicated iOS and Android apps with full functionality, SmartTrader relies on responsive web design for mobile access. This means you can view charts and Smart Tools on your phone or tablet through a browser, but the experience is optimized for desktop trading. Active traders who need robust mobile charting with native app performance may find this limiting compared to competitors with dedicated mobile applications.
How accurate are SmartTrader’s automated Smart Tools?
The Smart Tools are algorithmically accurate but not infallible. Smart Fibonacci correctly identifies swing highs and lows approximately 85-90% of the time on trending markets, plotting retracement levels at standard 23.6%, 38.2%, 50%, 61.8%, and 78.6% intervals. Smart Support and Resistance detect levels based on historical price clustering and volume, which generally aligns with what an experienced trader would identify manually. However, no automated tool is perfect—in choppy, sideways markets with multiple false breakouts, the algorithms may identify levels that don’t hold. Treat Smart Tools as a time-saving starting point that requires your judgment, not as definitive trading signals.
Can SmartTrader execute trades automatically?
SmartTrader offers alert-based trading, not fully automated execution. On Prime ($29.95/mo) and Pro ($99.95/mo) plans, you can set alerts that trigger trade orders through connected brokers when specific price or indicator conditions are met. This is semi-automated—you define the conditions, and SmartTrader sends the order when triggered. However, this differs from algorithmic trading platforms that execute complex strategies without human intervention. SmartTrader connects to over 100 brokers for this functionality, but you’ll need to verify your specific broker supports alert-based order routing before relying on this feature for live trading.