Banana Farmer vs Trade-Ideas: Which Scanner Is Right for Your Trading Style?

Overview

Trade-Ideas is an established stock scanner with AI-powered trade signals and backtesting. Banana Farmer focuses on early momentum detection combining social sentiment with technical signals. Both serve active traders, but with different philosophies.

Trade-Ideas Strengths

• AI-powered trade suggestions with Holly AI

• Extensive backtesting and strategy development tools

• Real-time alerts with customizable criteria

• Simulated trading environment

• Long track record since 2003

Banana Farmer Strengths

• Social sentiment velocity integration (X, Reddit, web)

• Focus on early momentum detection (1-3% moves, not 15%)

• Unified Ripeness Score combining multiple signal types

• Stocks and crypto in one platform

• Simpler, more focused interface

• Lower price point ($29/month vs $89+/month)

Key Differences

Philosophy

Trade-Ideas provides comprehensive tools for traders who want to build and test their own strategies with extensive customization. Banana Farmer takes an opinionated approach, doing the analysis for you and surfacing ranked opportunities.

Data Sources

Trade-Ideas focuses on price/volume technical data and pattern recognition. Banana Farmer adds social sentiment as a primary signal source, which can provide earlier indications of momentum.

Pricing

Trade-Ideas Standard: $89/month. Premium with Holly AI: $179/month.

Banana Farmer Pro: $29/month or $278/year.

Who Should Choose Which?

Choose Trade-Ideas If:

• You want to build and backtest custom strategies

• You prefer AI-generated specific trade recommendations

• You trade primarily stocks (not crypto)

• Budget isn't a primary concern

Choose Banana Farmer If:

• You want social sentiment integrated with technical signals

• You prefer a curated leaderboard over building custom scans

• You trade both stocks and crypto

• You want a lower-cost option with focused functionality

Conclusion

Trade-Ideas excels as a comprehensive, customizable trading platform with powerful AI. Banana Farmer focuses on one thing—finding early momentum through combined technical and social signals—and does it well at a fraction of the price. Your choice depends on how much customization you need versus how much you value simplicity and social data.