Advice on platform choice

A

aczk

Hi All

Looking for some feedback/relevant experiences on starting systematic trading. I have a quantitative background and I am looking to start trading full-time in a systematic and automated manner. Three questions that I need help on before starting for real.

1
What platform do you recommend given that I have no programming experience. Platforms like Tradestation/Multicharts seem exceptionally easy to master, but how flexible is the language, for example can one create own indicators/statistics based on quatitative/econometric models? (Muilticharts feedback is that one can build such with C externally as a dll !?).
Just want something that does not limit the user to technical analysis and where one can apply statistics/maths easily and flexibly.

2
Seems that there is no real alternative to learning programming. Which language do you guys recommend, I am thinking C.Sharp which would run with Ninjatrader (which seems good?) and also seems to work with other relatively professional platforms.

3
Is the data provided by Interactive brokers sufficient for backtesting short term strategies, saw a lot of limitations mention all over the place??

Thanks & appreciate any qualified feedback!!!!
Al
 
IMO, use Amibroker www.amibroker.com it's the most flexible and the fastest one I know of and it's very reliable not like that buggy slow sh+t called ninjatrader. Also it provides a free API http://www.amibroker.com/devlog/200...ent-kit-adk-for-cc-now-available-to-everyone/ update, http://www.amibroker.com/devlog/2010/04/20/new-amibroker-development-kit-2-10-released/ . And if you wanna program in C# then you can do that too. See here http://www.dotnetforab.com/

The built-in language of Amibroker called AFL already is very flexible and efficiently. And codes written in AFL are one of the shortest.

For back-testing I wouldn't use IB data.
 
if you dont have a programming knowledge then you can go with Tradestation .........i have been used since last 6 years .. its more flexible..
 
Quote from anandk:

if you dont have a programming knowledge then you can go with Tradestation .........i have been used since last 6 years .. its more flexible..
More...

You still need to know how to program to use EL. It is a fallacy that people with no programming experience can use EL. If you don't know what's a loop, a function, an index, order of instructions, etc. you cannot program anything in EL. The thing EL gives to programmers is the high level functions related to orders, various data functions, indicators, etc.

I think if someone is to go down this path, better start with a tool like Amibroker. The cost-benefit is the lowest possible ratio. If you cannot program in Amibroker a simple system then you should not be doing that at all.
 
hello!
i have been using das trader for a while now, and i love the interface. it's pretty simple, but very powerful, with a multitude of features. also, there's usually someone on the support team who can tell you about new features that are helpful. recently, i wanted to get my strategy automated. a friend recommended these guys, called traders wired, who did the programming for me. check them out, they can most likely do what you're looking for.
 
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