OpenQuant - SmartQuant's new product for the retail market

Quote from Sky123987:

why couldn't you just add a little bit more to slippage & comission to account for this
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The way I'd like to do it gives me a more realistic view of what can happen. All of my orders are limit orders...Otherwise I have to figure out how to estimate slippage for this situation. For instance I have to figure out the probability of trades being missed out and then estimate a slippage for that. THis is too much hand waiving. I get a much cleaner picture if I can 'avoid' getting into positions at the high/low of the bars in backtesting.

I can do this in Tradestation using ADE dll...
 
Quote from chinook:

The way I'd like to do it gives me a more realistic view of what can happen. All of my orders are limit orders...Otherwise I have to figure out how to estimate slippage for this situation. For instance I have to figure out the probability of trades being missed out and then estimate a slippage for that. THis is too much hand waiving. I get a much cleaner picture if I can 'avoid' getting into positions at the high/low of the bars in backtesting.

I can do this in Tradestation using ADE dll...
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well said. Well if you really want the answer I'm sure you can get it, but at a cost. Check out the OQ forums under General Discussion >> Premium Support
 
Quote from Sky123987:

well said. Well if you really want the answer I'm sure you can get it, but at a cost. Check out the OQ forums under General Discussion >> Premium Support
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I don't think that'll happen from Anton's response ;)

Well we'll see I'm sure there is a way to refer to 'future' bars in backtesting ;)
 
Quote from Sky123987:

I'm saying pay the 75 to 100 eur / hr. I'm sure that could buy you at least 5 or 6 ?s
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Ohh I see your point ;) Well if it comes to that maybe!
 
Quote from Sky123987:

Gun,

Not really sure as I really don't use that kinda stuff. On a basic level all the ATS out there do a fine job. However once you start to add an element of complexity to your strategy coding in the others is a nightmare. Especially when you are dealing with limit orders that are filled / partially filled / if it is partially filled and you want to add a profit target, if you send an order and a black box that is co'loed right near the exchange sends an order to counteract your order and it's processed quicker than the latency for the message to get back to your computer, and many others ---> all these can lead into very complex and harry situtions. IMO the openquant framework enable you to write code to get around these situations better than any others
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I like the OQ framework for that reason. I used to get bogged down so terribly in Easy Language [it's been more than a year since I was on their formus] that eventually I would cut corners and oversimplify the tests just so I could get something done some time before I die, and then I never was quite sure that what I had was what i thought it was. With OQ I can see what I have and there is little chance that it is not doing what I think it is doing..
 
The price for OpenQuant has increased from $499 to $749 or more than 50% in a few months. Did the product really become 50+% better in a few months? Why has nobody done any product review for OQ at ET?
 
Hi,

we have started with an introductory offer more than a year ago. Now the product is pretty stable and we have recently released OpenQuant 2.0 supporting multiple strategies. I think it's a normal life circle of a trading software product pricing.

Regards,
Anton
 
With OpenQuant, can you do automated tradings with fundamental data (earnings, earnings dates, etc.) as well as technical data? Is there any plan to increase the number of compatible retail brokerage firms in the near future?
 
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