A free market scanner is different from the screener. The scanner helps monitor the stock data in real time. It has automated trading APIs. There are automated filters, alerts and scans. It is a software and web based platform. Traders find it perfect for day trading. You can apply time frames by the minute, hour, day, week, month and year. It includes charts in most cases and has backtesting module. This useful tool is used by a large number of traders for latest stock information.
Its biggest advantage is that you do not need any knowledge of coding to use it. Its simple interface is easy to use. Use its automation tool to automate various trade activities. It will scan the market automatically to identify the stocks with highest possible profitability. This scanner is suitable for long term traders and investors. There are many options like watchlists, stock alerts and filters in it.