It would interesting to see the correlations in the Dow 30. Would you be able to run that group of markets and show the results?
Thanks
Thanks
Opening Range Breakout, for Futures and Equities
- Thread starter Murray Ruggiero
- Start date
Murray Ruggiero
Sponsor
Sorry it took me so long.
Here is the matrix using that system with Mult=.30 for the DOW 30 stocks, from 1986 to date.
Here is the matrix using that system with Mult=.30 for the DOW 30 stocks, from 1986 to date.
im wondering about two things.
I know that you are talking alot about open source code for all to share but i want to know how easy is it to secure your code so that it not easy to break like tradestation.
i also want to be notified when intra day is ready. i think someone said intra day is ready in the spring 2006. is that correct.
I know that you are talking alot about open source code for all to share but i want to know how easy is it to secure your code so that it not easy to break like tradestation.
i also want to be notified when intra day is ready. i think someone said intra day is ready in the spring 2006. is that correct.
Murray Ruggiero
Sponsor
If you want to develop trading systems we have two ways to secure your code. You could password protect it. We have a
mult-layer password protection scheme. We have several system vendors using this feature.
In addition you also could develop and compile either all or part of your system's code in VB 6.0 or C++. All of the functions available from the script language are also available for you to develop compiled addins in these two languages. These addins can even add menu items to TradersStudio. In addition VB addins run about 300% faster and C++ addins 500%-800% faster depending on the nature of the code.
Finally we are planing on releasing our real time version this spring and our end of day 2.0 version this winter. I will be a speaker at Traders Expo in Vegas and plan on showing 2.0 at the show.
mult-layer password protection scheme. We have several system vendors using this feature.
In addition you also could develop and compile either all or part of your system's code in VB 6.0 or C++. All of the functions available from the script language are also available for you to develop compiled addins in these two languages. These addins can even add menu items to TradersStudio. In addition VB addins run about 300% faster and C++ addins 500%-800% faster depending on the nature of the code.
Finally we are planing on releasing our real time version this spring and our end of day 2.0 version this winter. I will be a speaker at Traders Expo in Vegas and plan on showing 2.0 at the show.
every body seems to want to unseat
TS8 and company but the reason nobody is going to it is because lots of companies are coming out with lots of great software but nobody is doing the boots on the ground grunt work training classes all over the place like TS8. The company that does starts giving 2 day seminars teaching there software and how to better use it will start to gain market share. some of these new companies that offer great software, i can't even get on the phone much less go to a 2 day learning session. everyone wants to create a forum and hopefully you can learn that way. well thats BS. I would
have switched from TS a long time ago
if anyone would have invested in the face to face training. thats how you will get customers.
TS8 and company but the reason nobody is going to it is because lots of companies are coming out with lots of great software but nobody is doing the boots on the ground grunt work training classes all over the place like TS8. The company that does starts giving 2 day seminars teaching there software and how to better use it will start to gain market share. some of these new companies that offer great software, i can't even get on the phone much less go to a 2 day learning session. everyone wants to create a forum and hopefully you can learn that way. well thats BS. I would
have switched from TS a long time ago
if anyone would have invested in the face to face training. thats how you will get customers.
Murray Ruggiero
Sponsor
I understand your point. Most of the product which are trying to unseat TradeStation are hoping that their users will help support the product. This is why we decided to ship over 400 pages printed bound ,indexed step by step guides with TradersStudio. Shipping printed documentation of this type is not done anymore in the software industry and I always' felt cheated when I paid 100's or 1000's of dollars for software and only received a CD. I understand that and don't think a company should make their customers feel that way.
We have live chat for support as well as a help desk on our web site. In addition we do have a phone and if no one is available we will call back as soon as possible and answer questions your questions if you leave a message.
We have a support staff and if they can't handle the problem I don't mind getting involved. I am in this long term and have a goal of address my customers needs and making the most user friendly and powerful backtesting platform ever.
We plan on adding even more support options when 2.0 is released including video courses as well as live on line seminars.
I used Rina & Traders Recipies for generating portfolios but Rina is slow and very length & Traders Recipies is difficult in code transferring So Traders Studio was the solution which I purchase in June 2005 from Traders Studio live support chat room www.TradersStudio.com. I found their support the best Live support, email replying on same day plus if the normal staff is not able to provide support Murray the key programmer provide instant solutions even at one stage Murray released 2 new versions of Traders Studio to just solve my system coding problem and provided me 8 codes migration help with very efficiently. At one stage as a programmer and developer of trading system I was in a desperate need of few advance portfolio calculations only Traders Studio was able to provide me the solution. If you guys have any doubts on their support team, I can assure you these guys are the most professional and will not let you disappointed at any stage.
Murray Ruggiero
Sponsor
Thank you Muhammad for your kind words about my self and my staff. We are working very hard to create the best backtesting platform ever.
In addition we currently have added a new program which allows TradersStudio owners to refer , friends, family members and colleges and receive a referral fee of $75.00 if one of there associates purchases the product. We will also give a $100.00 rebate to the person who purchases the program based on this referral, so their net cost will be only $399.00 plus shipping. This offer ends December 31, 2005.
In addition we currently have added a new program which allows TradersStudio owners to refer , friends, family members and colleges and receive a referral fee of $75.00 if one of there associates purchases the product. We will also give a $100.00 rebate to the person who purchases the program based on this referral, so their net cost will be only $399.00 plus shipping. This offer ends December 31, 2005.
opening range breakout, first hour breakouts, pivot points etc are really good stuff to learn inside and out. With experience, there is some mighty sweet daily moves to wake up in the morning to.
The mission of the day for sharp traders is to get on the train early. .....ALL ABOARD..........
PS, for some to say backtesting is good or bad to me is rather subjective. Depends what one is backtesting, and we all know the following: give a set of 10 rules to 100 traders and those 100 will come up with 10k different variations of the 10 rules.
Not to say anyone is right or wrong, just saying we all see different things from the same charts. Humans are thinking animals. We all think slightly different even with the same inputs. Look at the last election as an example....59+million were totally wrong....
The mission of the day for sharp traders is to get on the train early. .....ALL ABOARD..........
PS, for some to say backtesting is good or bad to me is rather subjective. Depends what one is backtesting, and we all know the following: give a set of 10 rules to 100 traders and those 100 will come up with 10k different variations of the 10 rules.
Not to say anyone is right or wrong, just saying we all see different things from the same charts. Humans are thinking animals. We all think slightly different even with the same inputs. Look at the last election as an example....59+million were totally wrong....
Murray Ruggiero
Sponsor
I have said this several time but it true, a system that has backtested well will not necessarily work well in the future. A system which fails when backtested will surely not work in the future. Backtesting provides a best case look at the results, so if you don't like the backtested results you should not trade the methodology.
Another point I would like to make is that if you are testing system which you don't understand why it should work , what the underlying model is , then you are most likely curve fitted and just data mining. I always like to think of why the model should work before I even begin to code rules.
You might say not all trading approaches have models. This is not true, even systems based on classic technical analysis actually should be though of as models of mass psychology.
Another point I would like to make is that if you are testing system which you don't understand why it should work , what the underlying model is , then you are most likely curve fitted and just data mining. I always like to think of why the model should work before I even begin to code rules.
You might say not all trading approaches have models. This is not true, even systems based on classic technical analysis actually should be though of as models of mass psychology.