AmiBroker adds Quant, Backtesting, Monte Carlo, Risk Metrics (VaR/ES/Drawdown), Correlation, APIs & SDKs, and Auto-Trading & Bots coverage that SpotGamma skips.
VOL. XCIV, NO. 247
★ FINANCIAL TOOLS & SERVICES DIRECTORY ★
PRICE: 5 CENTS
Tuesday, October 28, 2025
Tool Comparison
AmiBroker vs SpotGamma comparison
Compare pricing, supported platforms, categories, and standout capabilities to decide which tool fits your workflow.
Quick takeaways
SpotGamma includes Options & Derivatives, Alerts, Courses & Certs, and Blogs categories that AmiBroker omits.
In depth comparison
AmiBroker
amibroker.com
Windows desktop platform for technical/system research with a fast AFL scripting language, portfolio‑level backtester, walk‑forward testing, Monte Carlo, and extensive optimization. Real‑time capability and instrument coverage depend on the data plug‑ins you use (e.g., IQFeed, eSignal, Interactive Brokers, Norgate Data). Auto‑trading to IB is available via the official interface. Licenses are perpetual with 24 months of updates.
Categories
Platforms
Desktop
Pricing
One-time
Quick highlights
- Portfolio‑level backtesting with dynamic position sizing and bar‑by‑bar ranking/PositionScore.
- Walk‑forward testing integrated with optimization; in/out‑of‑sample stats.
- Monte Carlo simulation (custom metrics can drive optimization/WF objective).
- Very fast multi‑threaded optimization with 3D optimization surface visualization.
- Exploration/Scanner to build custom screeners and reports via AFL.
Community votes (overall)
0% upvotes 0% downvotes
You haven't voted yet
SpotGamma
spotgamma.com
Options‑market microstructure & dealer‑positioning analytics. Core modules: Equity Hub (key levels for 3,500+ US stocks/ETFs), HIRO real‑time options‑flow indicator (down‑to‑the‑second), an S&P 500 heatmap (TRACE), a Volatility Dashboard, FlowPatrol unusual flow insights, plus Compass & Scanners for setups. Widely used by intraday/index traders; integrates with TradingView, Bookmap, NinjaTrader, Sierra Chart, Thinkorswim, and more. No public API disclosed.
Platforms
Web
Pricing
Subscription
Quick highlights
- HIRO Indicator: see options activity and estimated hedging impact in real time—down to the second.
- Equity Hub: proprietary key levels, buy/sell indicators, and alerts across 3,500+ stocks & indices.
- Volatility Dashboard: analyze IV across strikes/expirations; identify extremes/mispricing.
- TRACE Heatmap: S&P 500 real‑time support/resistance & volatility zones.
- 0DTE volume/open‑interest indicator; delta, vanna & gamma modeling for indices.
Community votes (overall)
0% upvotes 0% downvotes
You haven't voted yet
Where they differ
AmiBroker
Distinct strengths include:
- Portfolio‑level backtesting with dynamic position sizing and bar‑by‑bar ranking/PositionScore.
- Walk‑forward testing integrated with optimization; in/out‑of‑sample stats.
- Monte Carlo simulation (custom metrics can drive optimization/WF objective).
- Very fast multi‑threaded optimization with 3D optimization surface visualization.
SpotGamma
Distinct strengths include:
- HIRO Indicator: see options activity and estimated hedging impact in real time—down to the second.
- Equity Hub: proprietary key levels, buy/sell indicators, and alerts across 3,500+ stocks & indices.
- Volatility Dashboard: analyze IV across strikes/expirations; identify extremes/mispricing.
- TRACE Heatmap: S&P 500 real‑time support/resistance & volatility zones.
Feature-by-feature breakdown
| Attribute | AmiBroker | SpotGamma |
|---|---|---|
Categories Which research workflows each platform targets | Shared: Data Visualizations, Screeners Unique: Quant, Backtesting, Monte Carlo, Risk Metrics (VaR/ES/Drawdown), Correlation, APIs & SDKs, Auto-Trading & Bots | Shared: Data Visualizations, Screeners Unique: Options & Derivatives, Alerts, Courses & Certs, Blogs |
Asset types Supported asset classes and universes | Stocks, ETFs, Mutual Funds, Futures, Currencies | Stocks, ETFs, Options |
Experience levels Who each product is built for | Intermediate, Advanced | Intermediate, Advanced |
Platforms Where you can access the product | Desktop | Web |
Pricing High-level pricing models | One-time | Subscription |
Key features Core capabilities called out by each vendor | Unique
| Unique
|
Tested Verified by hands-on testing inside Find My Moat | Not yet | Not yet |
Editor pick Featured inside curated shortlists | Standard listing | Standard listing |
Frequently Asked Questions
Which workflows do AmiBroker and SpotGamma both support?
Both platforms cover Data Visualizations, and Screeners workflows, so you can research those use cases in either tool before digging into the feature differences below.
Do AmiBroker and SpotGamma require subscriptions?
Neither platform maintains a free tier. Budget for a subscription to unlock the research coverage highlighted in this comparison.
How can you access AmiBroker and SpotGamma?
Both AmiBroker and SpotGamma prioritize web or desktop access. Investors wanting a mobile-first workflow may need to rely on responsive web views.
What unique strengths set the two platforms apart?
AmiBroker differentiates itself with Portfolio‑level backtesting with dynamic position sizing and bar‑by‑bar ranking/PositionScore., Walk‑forward testing integrated with optimization; in/out‑of‑sample stats., and Monte Carlo simulation (custom metrics can drive optimization/WF objective)., whereas SpotGamma stands out for HIRO Indicator: see options activity and estimated hedging impact in real time—down to the second., Equity Hub: proprietary key levels, buy/sell indicators, and alerts across 3,500+ stocks & indices., and Volatility Dashboard: analyze IV across strikes/expirations; identify extremes/mispricing..
Keep exploring
Keep exploring
Stay on top of related tools
Browse the categories and profiles that overlap most with this comparison to round out your shortlist.
Related categories
Follow the same themes these tools compete in.
Recommended tools
These profiles share overlapping coverage with both sides of this matchup.
- Portfolio123Editor's pickHands-on review
Overlap: Screeners, Quant, and Backtesting.
ScreenersQuantBacktesting - okamaHands-on review
Overlap: Quant, Data Visualizations, and Correlation.
QuantData VisualizationsCorrelation - Portfolio VisualizerHands-on review
Overlap: Data Visualizations, Quant, and Risk Metrics (VaR/ES/Drawdown).
Data VisualizationsQuantRisk Metrics (VaR/ES/Drawdown) - YChartsHands-on review
Overlap: Screeners, Data Visualizations, and Correlation.
ScreenersData VisualizationsCorrelation - DeepVest (formerly Benjamin AI)
Overlap: Screeners, Quant, and Data Visualizations.
ScreenersQuantData Visualizations - MarketXLS
Overlap: Screeners, Options & Derivatives, and Monte Carlo.
ScreenersOptions & DerivativesMonte Carlo
Curation & Accuracy
This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).
Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.