What do you think of TradersStudio?
- Thread starter TraderSystem
- Start date
Thank you for your active participation. 
Many of you do not seem to be aware of TradersStudio, please see the following links for some more information on the same. Its site is http://www.tradersstudio.com
a) http://www.elitetrader.com/vb/showthread.php?s=&threadid=104393
b) http://www.elitetrader.com/vb/showthread.php?s=&threadid=108534
Many of you do not seem to be aware of TradersStudio, please see the following links for some more information on the same. Its site is http://www.tradersstudio.com
a) http://www.elitetrader.com/vb/showthread.php?s=&threadid=104393
b) http://www.elitetrader.com/vb/showthread.php?s=&threadid=108534
Quote from fundjunkie:
This is an interesting post and indicative of two camps of people who seem to often chime in when discussing system development platforms:
- Group 1: People interested in developing automated trading strategies. They are rightly interested in Tradersstudio to support that endeavour as that is what it does.
- Group 2: People who want a charting package or think Traderstudio is, or should be, a charting package; or that a main criteria upon which to judge it is it's charting ability.
Now, as a systematic trader I am not interested in charts other than that they should support the analysis of systems and markets under test. And anyone operating under the delusion that tradersstudio is a charting package needs to wake up now. It is certainly not as mundane or low-brow as that!
Of course, many users are not so comfortable as some in accepting that charting is not integral to system development and therefore to the featureset of any backtesting platform. And so, they demand some decent charting capability, which I believe Tradersstudio provides. I say "I believe" because I don't use it other than to plot an indicator to see how it tracks the market. If anyone can explain to me how charting features matter in developing robust trading systems, I'm all ears
Given that, one could be forgiven for wondering what is the relevance of PnF charting to all this. I would say there is none...it is unnecessary and indeed potentially dangerous. Therefore, should / will Tradersstudio implement this type of feature? Who knows, but I certainly hope not.
What would be far more useful, and I have communicated this to the company directly is better support for, and charting of, enriched statistical (or otherwise) analysis of system behaviour and performance. The raw framework, allowing user control, is there already but I believe, based on feedback, that the company is working on implementing this during the next and other upcoming releases.
Those are features that matter. PnF charting is just noise, IMO.
Thx,
D
Did not read this till today. Oh dear, oh dear. Just shows how little you know about PnF. Data manupelation and charting are entirely different. A wider education is deffinately a need here. May I suggest that perusal of an articale " Point and Figure goes high tech " at T2W could be a start followed by a reading of Jeremy du Plessis's book along with others available.
Ok, I'll set aside some time to take a look though I must confess that I'm disinclined to buy a book on a subject that I expect is not applicable to my mode of operation.
In the meantime, seeing as you seem to be well informed regarding PnF and it's applications, would you mind giving a summary explanation of it's benefits (to the automated trader)? And, perhaps, offer some insight into how the logic of those methods might be coded and tested without information leakage?
Without that I can't see why adding such a feature to a backtest platform would make any sense.
Thx
D
I have just purchased TradersStudio. Their customer service is good and they are patient, understanding & are prompt. Mr. Murray actively involves himself in the customer service. Not once, I felt that I was being pushed to buy the product, they clarified all my queries & let me decide on my own. His motive is not money but simple satisfaction of the customers. I feel that is the motto of all successful business "Customer is the King". The best part is that they seem to be loyal to old customers (as seen in the various threads) and treat all alike.
That is all I can say and other older customers can more throw light on your queries.
We currently are an offline , end of day with intra-day backtesting product. We have a real timeversion in beta. We also have a addin for placing trades from end of day data, including ones you can enter off of tomorrow open from the current version of TradersStudio. This addin should be shipping this spring. This addin will be for IB.
So the addin for IB is available now? or still have to wait? If have to wait, do you have a DATE? Thanks.
I am a forex trader,and bought version 2.0 with online upgradation to 2.5. Recently I am just starting to learn how to use the software. Last weekend , I was trying to post my question on the forum, but I was asked to be examined before posting. So far, 2 days passed, I have not seen my question on the forum yet.
Why the poster is so regulated?
One more disappointment with the software, there are just 2 forex tradeplan. The 3 major money management plans are not availble to forex at all
I am newbie to the backtesting software. If any people can help with this, please tell me what is going with the traderstudio.
Thank you for help
Why the poster is so regulated?
One more disappointment with the software, there are just 2 forex tradeplan. The 3 major money management plans are not availble to forex at all
I am newbie to the backtesting software. If any people can help with this, please tell me what is going with the traderstudio.
Thank you for help
Murray Ruggiero
Sponsor
Each asset class has it's own issues. There are just 2 tradeplans for forex because they are templates for you to develop your own plans. These two basic plans are a very good starting point. The other money management plans have features that don't apply to forex. Tell me what type of things you would like to try in terms of money management and forex and I will be happy to help you though it.
hi, Murray,
Thank you for your help. For a newbie like me , I feel much disappointed with your software. Because I have no experience of using testng software b4 and programming, I just need the "stupid"software to use. It means software should include some very important elements . Actually, I think it should include at least fixed dollar risk, percent risk msg for forex.
In the real forex market, there is no such thing like volime and open interest.
One more thing, if the forum does not moderate any poster, the users can help each other.
Thank you for your time.
Thank you for your help. For a newbie like me , I feel much disappointed with your software. Because I have no experience of using testng software b4 and programming, I just need the "stupid"software to use. It means software should include some very important elements . Actually, I think it should include at least fixed dollar risk, percent risk msg for forex.
In the real forex market, there is no such thing like volime and open interest.
One more thing, if the forum does not moderate any poster, the users can help each other.
Thank you for your time.
Since, you have questions over the forex part, please read the following wherein it explains a lot about Forex handling:
http://www.elitetrader.com/vb/showthread.php?s=&postid=1710942#post1710942
http://www.elitetrader.com/vb/showthread.php?s=&postid=1796344#post1796344
http://www.elitetrader.com/vb/showthread.php?s=&postid=1846347#post1846347