TC2000 vs TradingView 2024: Which Charting Platform is Best?

In this TC2000 vs TradingView comparison, we will take a deep dive into these two leading charting and screening platforms.

Along the way, we will conduct a head-to-head analysis of each feature and uncover where their strengths and weaknesses lie – before deciding on an ultimate victor!

For those only interested in the top-level summary, TC2000 has an edge on stock screening and options analysis/trading. However, TradingView takes the overall prize for broader data coverage, better charting capabilities, powerful backtesting, and its vast trading community.

What is TC2000?

TC2000 is an award-winning charting software and stock screener developed by Worden Brothers. It offers one of the most comprehensive suite of technical analysis tools on the market, which earned it best analytical software under $500 for 27 years running according to Stock & Commodities Magazine.

It also doubles as a trading platform for those who sign up to TC2000’s brokerage services, allowing you to trade stocks and options directly from your charts.

The combination of real-time scanning, endless fundamental and technical indicators, immense charting capabilities, and in-platform trading, makes it one of the most powerful all-in-one platforms for US stock, ETF, and options traders.

What is TradingView?

TradingView is a popular charting and stock screening platform for traders, boasting over 50 million users globally.

It offers real-time market data across a broad range of assets, covering 70+ stock exchanges in over 50 countries, including stocks, ETFs, FX, Crypto, and Futures.

What’s more, it has an incredibly comprehensive suite of proprietary analysis tools, ranging from in-depth charting tools, stock screening, backtesting, and fundamental data – all packed into a slick, user-friendly platform.

TC2000 vs TradingView Comparison

Feature	TC2000	TradingView
Stock Screening
Fundamental Analysis
Alerts
Backtesting
Community
FX & Crypto Screening
Options Screening
Broker Integrations	TC2000 Brokerage	40+ Stock, FX & Crypto Brokers
Regions	US, Canada	Global
Charts	7 chart styles, 100+ technical indicators, 20 drawing tools	16 chart styles, 100+ technical indicators, 90+ drawing tools
Free Trial	30-day Money Back Guarantee	30-day Free Trial
Discount	-25% Discount With Bi-Annual Subscription	Up to -50% Discount

TC2000 vs TradingView Pricing

Both platforms offer multiple payment plans with differing levels of functionality. For a more detailed breakdown of what’s included at each level, read my TC2000 review and TradingView review, respectively.

There is a free version available for both platforms, however you are limited by the tools and analysis you can perform.

The free version of TC2000 allows you to look inside a very basic version of the platform, including charts with delayed data, a handful of indicators, as well as options chains and “Favorites” watchlists.

In comparison, TradingView’s free version (Basic), gives you much more flexibility than this. In addition to charts, you also have access to the stock screener, backtester, candlestick pattern recognition, multi time frame analysis, alerts, and trading through approved brokers. However, all of these tools come with strict limitations compared to the paid plans and are ad-supported – which becomes quite disruptive to your workflow.

As such, to get the best out of both platforms you will have to upgrade to one of the paid plans, which you can see the current prices for via the links below.

TC2000 Free Trial & Discounts

While TC2000 doesn’t technically offer a free trial, they offer a 30-day money back guarantee. This means you can pay upfront for 1 month and get a refund if you’re not satisfied.

Also, you can save 25% by choosing the semi-annual plan as opposed to paying monthly.

TradingView Free Trial & Discounts

TradingView offers a 30-day free trial for all of its paid plans, without requiring any upfront payment.

There are also several ways to get a discount.

Firstly, by clicking any of the links in this article, you will receive a $15 credit after you purchase any TradingView plan.

Secondly, users who choose to pay annually rather than monthly save 16%, which is equivalent to 2 months free!

And last but not least, users on a 30-day free trial of any paid plan will receive an “Early Bird” offer with the following discounts:

• Pro – 30% off
• Pro+ – 40% off
• Premium – 50% off

Note, these discounts only apply to annual subscriptions.

Therefore to enjoy the biggest savings, you should start a 30-day free trial of the Premium service, and take advantage of the -50% Early Bird offer by paying upfront for the whole year. This equates to $360 of savings a year compared to paying monthly!

TradingView vs TC2000 Features

Now on to the all important TC2000 vs TradingView features comparison, where we see how each platform stacks up against the other on functionality.

Stock Market Coverage

An obvious place to start is the data coverage offered by each service.

Firstly, in terms of geography, TC2000 only covers the US and Canada, whereas TradingView covers the whole world, including 70+ stock exchanges in over 50 countries.

Secondly, in terms of asset classes, TC2000 covers more than 100,000 stocks, ETFs, and options, while TradingView covers almost 150,000 stocks, ETFs, FX, futures, and crypto.

As such, TradingView has a more complete data offering, particularly when it comes to FX, futures, and crypto. However, options traders are much better off with TC2000. In fact, it gets my pick for the best TradingView alternatives for options traders.

Note, data is delayed by 15 minutes on both platforms unless you pay the relevant exchange fee for real time data. This is an add-on cost, however you can pick and choose which data feeds you subscribe to. This way, you only pay for what you use.

Charts

While having all this data is well and good, it is pointless if you can’t visualize it properly.

Thankfully, both TC2000 and TradingView have exceptional charting capabilities to perform technical analysis with. Below, I summarize their key similarities and differences.

Chart Types

Firstly, both platforms give you the option to display your stock charts in numerous formats and time frames.

For example, TC2000 supports the following 7 chart types:

• Candlestick
• OHLC
• HLC
• Line
• Heikin-Ashi
• Bar
• Area

There are also 30 different time intervals to choose from, from tick-by-tick bars all the way up to yearly bars.

Meanwhile, TradingView has 16 different chart formats, including:

• Bars, Candles, Hollow candles, Columns, Line, Line with markers
• Step line, Area, Baseline, High-low, Heikin Ashi 
• Renko, Line break , Kagi, Point & figure, Range (Pro, Pro+, Premium)

These come with 17 pre-set time frames ranging from 1 minute bars all the way up to yearly bars. Note, paid subscribers can also set custom time intervals, and Premium members can choose second-based intervals (1/5/15/30 seconds).

In summary, while both offer more than enough display settings, TradingView just pips TC2000 in terms of flexibility. However, TC2000 includes tick-by-tick charts for all paid subscribers, whereas TradingView only offers second-based intervals for its Premium users. This is something to bear in mind for day traders.

Technical Indicators

Any charting platform would be incomplete without a broad range of technical indicators to help time your trades.

On this front, both TradingView and TC2000 stack up pretty evenly against each other. Each provide more than 100 pre-built indicators, which you can see a small sample of below.

Click this link to see the full list of indicators in TradingView. One of my favourite indicators is “Pivot Points High Low”, which is great for swing trading.

However, where TradingView takes an edge is with its community-built indicators.

Essentially, TradingView allows users to create custom indicators and trading strategies with its native Pine Script programming language, before sharing them with the rest of the community. In fact, there is public library of 100,000+ indicators for you to tap into, making it the largest repository of community-built scripts in the world.

As such, even if TradingView doesn’t already include a certain indicator, or you’re not comfortable programming, you will more than likely be able to find what you’re looking for.

On the other hand, while TC2000 allows its users to create custom indicators with Personal Criteria Formulas (PCFs), there isn’t an option to share them with other members. Ultimately, this means you need some programming knowledge to take advantage of this feature.

Drawing Tools

When it comes to annotating your charts, TradingView comes out on top again.

In comparison to TC2000’s 20 drawing tools, TradingView offers more than 90.

This isn’t to knock TC2000, as it as everything you need to perform in-depth technical analysis. However, note that drawing tools are only available to Gold & Platinum subscribers.

TradingView just makes it easier to plot funky chart patterns like head & shoulders, triangles, and Elliott Waves.

Multiple Charts

Another similarity both TradingView and TC2000 share, is the ability to display multiple charts simultaneously. Importantly, these can all show different securities, time frames, and technical indicators.

In TradingView, your subscription level determines the number of charts you can display at the same time. Free users can only display 1 chart per tab, Pro users can display 2, Pro+ users can display 4, while Premium users can display 8. You can also organize these across multiple monitors if you download the desktop software.

TC2000 gives you more flexibility when it comes to your screen layouts. You can add as many windows as you like to each screen and organize them as you please with some “resizing” and “drag-and-dropping”.

You can then populate these with any TC2000 feature of your choice, such as charts, news, watchlists, scans, trading, and alerts. Gold & Premium subscribers can also split these across multiple monitors.

Candlestick Pattern Recognition

If you want a charting platform capable of candlestick pattern recognition, then TradingView is the way to go.

While TC2000 doesn’t offer this feature, TradingView has the ability to display more than 40 candlestick patterns on your charts, including:

• Abandoned Baby
• Dragonfly Doji
• Engulfing
• Hammer
• Hanging Man
• Harami
• Spinning Top

It even displays multi-candle patterns like the evening star.

Chart Pattern Recognition

Likewise, only TradingView offers chart pattern recognition. However, this is only available to Premium subscribers.

There are 15 different chart patterns that TradingView is capable of detecting, including:

• Flag (Bullish/Bearish)
• Double Bottom/Top
• Triple Bottom/Top
• Elliott Wave
• Head & Shoulders (Regular/Inverse)
• Pennant (Bullish/Bearish)
• Triangles
• Rectangle
• Wedge (Rising/Falling)

Unfortunately, I wasn’t that impressed with this feature during my testing, which you can read more about in my TradingView review.

Instead, I found the pattern recognition features in TrendSpider and Finviz to be far superior. I go into more detail on this in my TrendSpider vs TradingView comparison.

Multi Time Frame Charts

The last key difference between TradingView and TC2000 charts, is that TradingView supports multi time frame analysis, whereas TC2000 doesn’t.

As the name suggests, multi time frame charts let you see different time frames on the same chart simultaneously, giving you a broader trading picture. This applies to both price data and any technical indicator you plot.

This is particularly beneficial for day traders, who often need to “zoom out” to see important technical levels on higher time frames. For example, they might want to plot daily moving averages on their 5 minute charts to avoid tunnel vision.

Screeners

While TC2000 and TradingView are exceptional screeners in their own right, there are some notable differences to be aware of.

Firstly, TradingView’s stock screener includes more than 90 fundamental metrics and over 100 technical filters. Meanwhile, TC2000 has 70+ fundamental metrics and 80+ technical filters. As such, they both make great fundamental and technical stock screeners.

Based on those numbers, TC2000 may seem less capable than TradingView at first glance. However, that couldn’t be further from the truth, in my view.

For instance, unlike TradingView, TC2000 lets you screen based on custom indicators. This has long been one of TradingView’s most requested functions, so it is surprising they still haven’t made this possible.

In addition, the screening conditions are much more flexible in TC2000 vs TradingView. For instance, you can only set absolute ranges for the fundamental filters in TradingView, such as “greater than this number” or “between these two numbers”. This always feels a bit arbitrary to me. TC2000, on the other hand, lets you filter stocks based on their percentile rank vs. other stocks.

I also prefer the stock screener output in TC2000. In particular, you can add as many data columns as you like alongside the results. Importantly, you can populate these with any fundamental or technical indicator, a condition test, or even your own formulas. TradingView only allows you to add fundamental or technical indicators as columns.

Moreover, TC2000 Platinum allows you to update scan results in real-time, whereas the fastest you can update results in TradingView is 10 seconds. This makes TC2000 better suited for day trading stocks, in my opinion.

There are also around 90 pre-built screens in TC2000, which is far more than you get in TradingView.

Lastly, TC2000 offers options screening, whereas TradingView doesn’t. Having said that, TradingView has a separate Forex and crypto screener, unlike TC2000.

Backtesting

While both platforms claim to have backtesting functionality, I would say this only really applies to TradingView.

A proper backtester allows you to rebalance a hypothetical portfolio based on pre-defined criteria and record its performance on historical price data. All you can do with TC2000, however, is see how many stocks passed your scanning criteria at different points in time and plot a distribution. This tells you whether the number of stocks passing your scan today is average or rare.

TradingView, on the other hand, integrates true strategy backtesting. In particular, you can test any of the 23 in-built strategies from TradingView, the thousands of strategies shared by fellow users, or you can program your own from scratch using the Pine Editor.

Note, you can modify all sorts of parameters before running the test, including the indicator settings, order size, trading costs, margin, and the date range (though not always).

Then, in just a few simple clicks, you get the following output from your backtest:

• Net Profit
• Number of Trades
• Percent Profitable
• Profit Factor
• Max Run-Up/Drawdown
• Average Trade Profit
• Average Trade Duration (# candles)
• And More

If you want to check out another backtester, I would recommend Finviz. However, be aware that backtesting is less advanced in Finviz vs TradingView.

Trading Software

Both TC2000 and TradingView allow in-platform trading, however they go about it in different ways.

While TradingView is not a trading software itself, it integrates with several brokers that enable live trading. Essentially, a broker integration allows you to trade directly from your charts in TradingView. Follow this link to see their full list of approved stock, FX, and crypto brokers.

TC2000, on the other hand, requires a TC2000 brokerage account in order to place trades from within its platform. However, trades are actually routed through Interactive Brokers. As well as stock trading, TC2000 also allows options trading. In fact, it is one of the best live trading platforms for options that I’ve come across, with comprehensive option chains data, as well as pre-configured options strategies.

However, you should be aware that TC2000 charges commissions for trades, unlike most brokers today, with the following charges:

• Stocks & ETFs: $4.95 per trade
• Options: $2.95 per trade + 65c per contract

As such, if you are a stock trader, TradingView is probably better, however options traders are 100% better off with TC2000.

Community

The last thing I want to cover in this TC2000 vs TradingView review is the community aspect behind each platform.

Unfortunately, TC2000 doesn’t have an active social community where you can bounce ideas off other members and improve your understanding of trading.

TradingView, on the other hand, provides all of the means to connect, learn, and share trade ideas with experienced traders. This includes the following:

• Trade Ideas: An open forum of other traders’ predictions, market analysis, and general trade setups, presented through advanced charts, videos, playback buttons, and community feedback.
• Educational Ideas: Discuss trading psychology, risk management, and best practices on how to use certain tools and strategies.
• Live Streams: Pick the brains of popular streamers in real time through live trading and chat.
• Scripts: World’s largest curated repository (100,000+) of community-built indicators and strategies.

TC2000 vs TradingView Summary

At the end of this TC2000 vs TradingView comparison, it is clear that while TC2000 has an edge on screening and options analysis/trading, TradingView is the ultimate victor with global data coverage, more powerful charts, robust backtesting, and a social community of over 50 million users.