ramping up support from brokers and FCMs. There are a handful that would allow you to access the new platform, and more are coming
I don't understand this whole back and forth. The list of supporting brokers must be on the TT website -- ?
ramping up support from brokers and FCMs. There are a handful that would allow you to access the new platform, and more are coming
Volpunter, I have used ADL for many years, and came from a software background. For someone used to an event driven environment, with easy use of data structures, ADL takes a bit of adjustment. It helps to realize that ADL is by default, and state machine, and it's strength is in execution logic. Now, you can do event driven development, and you can build collections, but those take some extra effort. So while something like maintaining a collection of the last X bars of data is not a strength of ADL, it is possible. Where ADL is very, very effective is in rapidly building execution logic to turn trade ideas into production ready algorithms very rapidly. I went back and forth many times, trying to decide between using an API or using ADL, and found that the whole environment of strategy creation, execution and monitoring provided by ADL allowed me to be much more efficient. So, I cannot speak for others, but when I myself tell other people that ADL allows for rapid development, this is generally what I would have in mind.
I'm very happy to discuss my experience further if you'd like. PM or reply here, either works for me.
I don't think it is. That's the problem.I don't understand this whole back and forth. The list of supporting brokers must be on the TT website -- ?
Thanks for your reply Jason. I don't want to speak for volpunter but I'll offer my 0.002. Most traders would prefer a seamless integration of strategy and execution. The faster one trades, the more vital it becomes. The rolling average and realtime calculation that volpunter referenced is vital to a lot of modern strategies. Perhaps in the future, ADL will have a tighter coupling of strategy and execution which is where you seem to be headed.
And I'll reiterate a couple of my previous points. If you truly intend ADL to be a rapid strategy development tool, the underlying infrastructure has to support it at a reasonable price point. I took a little time to speak to a couple of hosting providers that provide TT hosting.
From what I gathered, there are several moving parts to TT. A user server and two different gateways are the major components (please correct me if my terminology is off). In order to host all three parts on one server and create a "Nirvana TT box", it will cost approximately $4000 a month. This does not include the cost of purchasing a new server. At $4000 a month, why not just use Stellar, Rival Trader or Optionscity w/ hosting? You've stated that TT has a new ASP model which makes the nirvana TT configuration unnecessary. Which FCMs provide the new ASP model? Shouldn't this list be made public? Thanks again.