What Is TradeBolt
- Thread starter TradeBolt
- Start date
Hi TNG
The back-testing capabilities would reside in the charting software you're using to generate the trades. TradeBolt doesn't offer back-testing functionality on its own.
IGolf
What kind of alerts does Trade-Ideas give you? We can almost certainly get their alerts automated, if there's something concrete to automate.
Looking at their site, I can't see that they are giving buy and sell alerts. For instance, they seem to predict resistance and that kind of thing, but I'm not seeing any advice to BUY 100 AAPL at MARKET or SELL to CLOSE such and such a position.
It would be possible to generate a strategy that took advantage of the kinds of alerts they DO offer, and we could certainly automate a strategy that did that. Like, I can envision a program that watches your email for alerts from Trade-Ideas, scans them, and then applies the alert information to the strategy logic internal to the program. The program would then send orders to TradeBolt for execution.
Is that the kind of thing you're thinking of? It would be a custom programming project.
Thanks
TradeBolt
The back-testing capabilities would reside in the charting software you're using to generate the trades. TradeBolt doesn't offer back-testing functionality on its own.
IGolf
What kind of alerts does Trade-Ideas give you? We can almost certainly get their alerts automated, if there's something concrete to automate.
Looking at their site, I can't see that they are giving buy and sell alerts. For instance, they seem to predict resistance and that kind of thing, but I'm not seeing any advice to BUY 100 AAPL at MARKET or SELL to CLOSE such and such a position.
It would be possible to generate a strategy that took advantage of the kinds of alerts they DO offer, and we could certainly automate a strategy that did that. Like, I can envision a program that watches your email for alerts from Trade-Ideas, scans them, and then applies the alert information to the strategy logic internal to the program. The program would then send orders to TradeBolt for execution.
Is that the kind of thing you're thinking of? It would be a custom programming project.
Thanks
TradeBolt
Trade-Ideas has a fairly new tool called the Odds Maker which I use to build trading strategies in real time using their alerts as entry signals and time as exit. All the entries are some sort of alert filter combination whihc happens in realt-time during the day and then I exit based on their rules any time is available from 5 minutes to next open. I attached the pdf for you made that will make more sense.
for what automating your TS systems? Strategyrunner is much better
It is? Do you mind me asking: in what way?
I don't doubt that it's a good product, but the main bits that put me off about strategy runner are cost-per-trade and the idea of going through their servers.
Tradebolt was only going to be a stop-gap measure until I had my own software built, and apart from cost-per-trade, it would have done everything I wanted.
With what I would pay SR (or tradebolt) over a month or two, I could have the software written myself and not have to pay 'per-trade' after that.
Plus I really wanted something that can connect straight to broker/platform from trading machines. I run my own servers.
Tradebolt simply met my requirements more than others.
Having just said all that, I am talking to SR along with other possible solution providers.
I don't doubt that it's a good product, but the main bits that put me off about strategy runner are cost-per-trade and the idea of going through their servers.
Tradebolt was only going to be a stop-gap measure until I had my own software built, and apart from cost-per-trade, it would have done everything I wanted.
With what I would pay SR (or tradebolt) over a month or two, I could have the software written myself and not have to pay 'per-trade' after that.
Plus I really wanted something that can connect straight to broker/platform from trading machines. I run my own servers.
Tradebolt simply met my requirements more than others.
Having just said all that, I am talking to SR along with other possible solution providers.