Deciding on a Backtesting and Trading Platform

Quote from iluvMC:

yo shitforbrainsjunky,


:::Sighs:::

How old are you?

Quote from iluvMC:

I am EVALUATING MultiCharts. I am "Deciding on a Backtesting and Trading Platform". Get a clue.


But you never said that before. Anyway, my point still hold true IMO. After all:

- You HAVE multicharts and are weighing whether to dump it. That IS NOT the point of this thread.
- You are not considering whether to GET multicharts. That IS the point of this thread.

Don't worry, I know I have a clue...do you?

Quote from iluvMC:
Do you work for Tradestation or some other competitor and trying to box out questions directed at other vendors?

iluvMC
(soon to be changed to MCsux) [/B]

No, I'm just well aware of how the moronic element, which is all too common on this forum, and seem incapable of not hijacking threads for their own purposes.

That said, my advice to you was well intended (though not well received). Unfortunately, it would appear that the subliminal "dumbass alert" warning me that anyone posting such a tangential post is somewhat likely to be of the neanderthal tendancy would appear, sadly, to be correct.

So, take up your blunt instruments if you wish and attempt to bludgeon me with them - you will receive no reply. Just know that I look down upon your pathetic and childish rant with the contemptuous disdain it deserves.


Thx
D
 
Quote from Murray Ruggiero:

Backtesting is doing a historical look at the performance of a given set of rules. It has good points and bad points because you can change the rules over and over again to produce good results. This is called Curve fitting. Curve fitted systems don't perform well in the future, which is important because you can't trade the past.
In terms of technical analysis most classic rules in books don't work. For example buying when RSI crosses from below 30 to above 30. They type of rules don't produce robust results.

Most technical system that do well are trend following breakout or pattern based systems.

Thanks Murray for the reply :)

Please explain “technical system that do well are trend following breakout or pattern based systems.” Thanks.
 
Quote from Derrick1983:

Thanks Murray for the reply :)

Please explain technical system that do well are trend following, breakout, or pattern based systems.Thanks.
I think he forgot the commas...see above.
Trend following and break-out are TWO separate systems. IOW :
Trend-following != Breakout

That being said, I'd really like to hear about the success (or more likely failure) of pattern-based systems.
I saw one technical trader spend years back-testing some patterns for intraday futures trading, then went live with them on a website for all to see. That lasted about 3 months. Massive losses were the obvious reason for pulling the website.
 
Quote from syswizard:

I think he forgot the commas...see above.
Trend following and break-out are TWO separate systems. IOW :
Trend-following != Breakout

That being said, I'd really like to hear about the success (or more likely failure) of pattern-based systems.
I saw one technical trader spend years back-testing some patterns for intraday futures trading, then went live with them on a website for all to see. That lasted about 3 months. Massive losses were the obvious reason for pulling the website.

Thanks, syswizard for correcting. :) I did not realize it, thanks! Shall ask the question again. :)
Murray, please explain technical system that do well are trend following, breakout, or pattern based systems.Thanks. :)
 
Quote from TraderSystem:



I see from my Technical Analysis of Stocks and Commodities that TradersStudio now is contributing to Traders Tips. It's nice to see that.



If I am correct, “Technical Analysis of Stocks and Commodities” is a magazine, if so, is it possible to you to post a screenshot of the contribution?
 
First you said summer, then September, and now we're in October, where is the new version of Tradersstudio? What is the status? What is the new ETA? Thanks.
 
Quote from iluvMC:

For those into switching to Multicharts, I would recommend against it based on my research.

There are some serious usability issues in Multicharts. Its a bagful of features - including seconds charts and many others, however basic usability is quite inferior to Tradestation 8.3.

Multicharts has a chance to be the leading charting software a couple of years from now but not for now (considering how disinterested they appeared to be at resolving basic usability issues).

A subset of the issues:

1. scaling issue (see previous post). This was a deal breaker for me.
2. you will lose your workspace if you try saving to a non Windows compliant name. No warning.
3. highlighting price on right axis based on plots can only be done gloabally, not on an individual plot basis.
4. Sessions can be only applied on a per symbol basis
etc...

Cheers,
MCsux

MCsux, if you try the last beta (4.0), MultiCharts has improved a lot, in my opinion is now one of the best trading platform available
 
Hi ,
I am following this thread posts for some time. I recently downloaded trading blox software and liked it because
- superior back testing strategies with ease ( portifolio testing )
- and it's easy but powerful programming abilities .

I liked it much better than tradestation , traderstudio etc..
Over all I liked it and planning to buy the software , only issue is it costs $3000 , bit expensive for me. The company mentioned they give 2 licenses to install on 2 different computers.

I am wondering if anybody is interested to share the cost so that each can have his own copy.
If interested , send me a private message .

By the way here are the links to trading blox manuals
By clicking on left hand side links on these manuals gives complete details of the product .
http://www.tradingblox.net/Manuals/...HTML/index.html
http://www.tradingblox.net/Manuals/...HTML/index.html
'Way of Turtle ' book link below which explains sound trading principles
http://www.amazon.com/Way-Turtle-Me...bs_sr_1?ie=UTF8&s=books&qid=1223193964&sr=8-1
 
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