Search results

I downloaded it and found it very unuseful. Scanning endless stocks with endless technical analysis may find a system that works for the current set but probably won't work for anything else. In my mind, the robustness of a system is whether or not it can handle a variety of instrument types...

Thanks for the great comments - nice to hear from someone actually using one of these software packages. Comments below. Agreed - I've been admiring the user interface quite a bit. In general, this idea of generating an optimal signal is significantly different from the approach of other...

Hey all, I've been devoting some time to looking at Neural Net/Genetic algorithm software over the past week and wanted to share my findings and see if people had comments or wanted to share experiences. Software I've been looking at: Neuroshell, Tradecisions, TradingSolutions. I've...

Hmmm...not sure about the first but I believe that TradersStudio will do what you are looking for.

I'd love to try out WLD but being a US-based trader, their commission rate just doesn't work for me - $8 a trade is just too much - they need to get to per share trading to make it viable for me.

Also, you may want to check out www.prophet.net. They offer a nice Java-based graphing component that is very good for EOD stocks. Note that it does not handle futures.

Well, you should consider TradersStudio. While not a standardized language like C#, it has a lot of the features I was looking for. RE and NeedforTrade are comers. I'm also watching TradeSignal to see if they make a US push. Personally, I want to concentrate on using the tools rather than...

Well, I think products for backtesting, which is really what we're talking about here, could easily become commodity. They will just move up the chain more and more - so first just backtesting with simple optimization. Then someone will come out with a free genetic algorithm. Then someone...

The big difference I've noticed between the two is that SmartQuant has a built in portfolio object. This means that doing actions across different positions (basic position sizing, resizing based on volatility, or position size limits, etc.) can be done very easily. You can write some basic...

I think you are right in your assessment that the retail market for such a product is relatively small. That is what the costs of the other software packages is telling us. We sold our small 3D software package for $795 (1992 dollars), and managed on building a good business turning around...

Excellent question. I think if you are a small software provider you can create a sustainable business. You'll need that community to happen for the business to grow beyond that because like the 3D software world I came from, many more people can use plug-ins/code/scripts from other people...

The big key to the success of any platform isn't that it is open source - it's that it develops a large community of people using it. TradersStudio (which is $599, btw, used to be $499) is a very interesting product, but I'm a bit frustrated by the lack of community. I know Murray is working...

What capabilities are you looking for charting? Can you be more specific about what features of TS you are looking for?

While I agree that RE is very solid, it does not have the portfolio flexibility that QD currently has. I've trialed QD and am currently using RE Beta 3 and it's very good but still doesn't have the portfolio tools without me writing the majority of them. For the very serious programmer, you...

Oh I agree you can get support in English, but here's the problems: 1. The entire community, which is important for a product like this, is in german. 2. Support hours are not geared to the US - so if you have a problem on US hours, you may be out of luck. Again, not bashing the company -...

It's not web-based - it's a Windows app. Again, looks really promising - just getting support could be problematic until they've got an english presence. Just try posting to the forum - all german!

No work around for any of it yet - we'll have to see if they grow a US presence.

I think it's a mistake to assume they have any one strategy. My guess is that they are employing any number of strategies at a time and then concentrate on money management between the strategies. Just my opinion...

Actually, I just check with MBTrading and they offer the following: On the question of MB Trading interest rates: Money Market Rates: see below Free cash is swept into a separate Scudder Funds money market account at the end of each day to earn a higher interest rate. If a specific fund...

That's a great point Murray - I wasn't familiar enough with Tradestation to point that out. Makes me question the money I'm spending on IB for the first $10k of my account. Maybe I should move to MBTrading.