In today’s fast-paced trading environment, audio tools have become invaluable for traders seeking to enhance their market awareness beyond visual indicators. As pioneers in the trading audio space with PriceSquawk, we believe in helping traders make informed decisions about their tools. Let’s explore how different audio solutions serve various trading needs.
Feature and Pricing Comparison
| Feature/Tool | TT Trade Sounds | Market Pulse | TickStrike | PriceSquawk |
|---|---|---|---|---|
| Platform Requirements | TT Platform Only | Bookmap Platform OR Standalone Web App (Crypto only) | Standalone Desktop | Standalone Web App Jigsaw dayTradr Recon Tape Sierra Chart Add-On NinjaTrader Add-On Standalone Desktop with iQfeed |
| Trade Sounds & Alerts | ✓ | ✗ | ✗ | ✓ |
| Volume Analysis | ✗ | ✓ | ✗ | ✓ |
| Order Flow Analysis | ✗ | ✓ | ✓ | ✓ |
| Audible Price Action | ✗ | ✓ | ✗ | ✓ |
| Real-time Market Data | ✓ | ✓ | ✓ | ✓ |
| Historical Market Data | ✗ | ✗ | ✗ | Platform Dependent |
| Real-time Visual Sound Indicator | ✗ | ✓ | ✓ | ✓ |
| Historical Sound Indicators | ✗ | ✗ | ✗ | ✓ |
| Customizable Alerts | ✓ | ✓ | ✓ | ✓ |
| Web Browser Access | ✓ | Limited | ✗ | ✓ |
| Multi-Asset Support | ✓ | ✓ (Web Crypto Only) | ✓ | ✓ |
| Free Trial Available | ✗ | Crypto Unlimited | 7 Days (CC required) | 14 Days (no CC) Crypto Unlimited |
| Crypto Monthly Price* | $775 / month | Free | $99 /month | Free |
| Stocks Monthly Price* | $775 / month includes data | $83 / month NBBO data | $99 / month internal data | $79 / month NBBO data |
| Futures Monthly Price* | $775 / month | $83 / month Single CME data | $99 / month internal data | $69 /month Single CME data |
* Pricing information is based on monthly subscription costs including data as of 16th January 2025 and is subject to change. Please check each provider’s website for current pricing and packages:
- Bookmap Market Pulse [get-bookmap-now.com/main]
- Trading Technologies [https://tradingtechnologies.com/resources/pricing/]
- TickStrike [tickstrike.com/special/]
- PriceSquawk [pricesquawk.com/pricing]
Trading Technologies Trade Sounds
Trading Technologies (TT) has integrated Trade Sounds directly into their platform, allowing traders to assign specific sounds to various trading events. Key features include:
- Customizable Alerts: Traders can assign unique sounds to different trading events, from order fills to market depth changes
- Trade Quantity Rules: Sound alerts can be configured for trades meeting specific quantity thresholds, helping identify significant trade volumes
- Platform Integration: Seamlessly works within the TT platform for a unified trading experience
Trade Sounds excels for traders already using the TT platform and seeking straight forward size alerts . However, its functionality is limited to their platform which which may not suit traders happy with their existing execution platform.
Bookmap Market Pulse
Market Pulse, Bookmap’s add-on audio solution to the Bookmap platform, combines visual widgets with sound alerts to provide comprehensive market monitoring capabilities. Notable features include:
- Multiple Analysis Algorithms: Sophisticated tools for analyzing volume pressure, price changes, order book imbalances and more
- Customizable Sound Notifications: Flexible alert system that can be tailored to specific events and thresholds
- Web-Based Access: Browser-based functionality for monitoring Crypto markets
- Desktop Platform: Comprehensive market and algorithm coverage with the desktop Bookmap platform
- Visual-Audio Integration: Seamless combination of Bookmap’s renowned visual tools with audio feedback
The platform offers impressive analytical depth, though users need to commit to Bookmap’s ecosystem to fully leverage its capabilities.
TickStrike
TickStrike provides Digital Pit Noise and Audible Order flow audio signals across a wide range of asset classes. Key features include:
- Broad Instrument Coverage: Support for forex, stocks, futures, and cryptocurrencies
- Custom Sensitivity Controls: Adjustable settings to filter market noise and focus on significant movements
- Simple User Interface: A simple visual indicator widget complements sound signals which can be located anywhere on your trading screens for interpretation of market microstructure events
- Standalone Platform: The TickStrike platform is downloaded and installed on the subscribers PC and provides its own internal data feed
TickStrike is a popular audible tool amongst traders however it is considered a generalized tool for reading the order flow with limited configuration capabilities.
PriceSquawk Audible Market Technology
PriceSquawk takes a unique approach by directly translating market data into clear, spoken audio and distinctive sound effects. Our key features include:
- Platform Agnostic Design: Seamless integration with popular platforms like NinjaTrader, Sierra Chart, and Jigsaw Trading and DTN iQFeed as well as the standalone web platform with an inbuilt real-time datafeed
- Trade Sound Representation: Clear audio distinction between trades hitting the bid or lifting the offer though stereo sound and intuitive sound effects
- Price Action: Easily monitored through spoken word or through pitch of sound effects
- Virtual Pit Experience: Authentic recreation of trading floor dynamics through real-time audio feedback that mimics the trading floor
- Tape Pressure Analysis: Advanced volume delta analysis for insight into order flow imbalances
- Natural Language Processing: Real-time conversion of market data into intuitive spoken information
PriceSquawk provides a comprehensive suite of sound effects that users can easily configure for Trade Sounds and Order Flow alerts. PriceSquawk is the only solution that leverages our natural ability to process spoken information, allowing traders to stay informed of Price Action and Market events through speech commentary.
Choosing the Right Audio Tool
Consider these key factors when selecting an audio trading tool:
- Customization Needs: TT Trade Sounds, Market Pulse and PriceSquawk offer extensive alert customization
- Analysis Depth: Market Pulse provides multiple specialized algorithms, while PriceSquawk focuses on intuitive sonification of market data and transparent algorithms for additional audible layers (e.g. PriceSquawk Auto Mode)
- Platform Requirements: Market Pulse offers standalone web-based access for Crypto Markets otherwise requires a Bookmap subscription and their desktop software. PriceSquawk integrates with multiple platforms as well as standalone solutions, and TT Trade Sounds requires their specific platform
- Market Coverage: All platforms support multiple asset classes depending on the subscription level and data feed chosen. Pricing varies significantly depending on the markets and platform of choice.
The audio trading tool landscape continues to evolve, with each solution serving different trader needs and budgets. At PriceSquawk, we believe in the power of sonification as well as natural language processing to deliver market information in the most intuitive way possible, while maintaining the flexibility to work within any trader’s existing workflow.
We encourage traders to evaluate these tools based on their specific needs, platform requirements, and learning preferences. The right audio solution can significantly enhance trading performance by expanding awareness beyond visual indicators alone.
For more information about PriceSquawk or to experience our natural language approach to market data, visit our website or try out our web app with Crypto now at app.pricesquawk.com