what software/service do you wish you had?

Quote from willnotlose:

Create a software program that converts EasyLanguage (TradeStation) code to C#,C++,etc. TS has 47K subscribers and a LOT of them are fed up with some basic issues that TS will never get around to fix. Most of them can't switch to another platform because there is no easy, convenient way to convert their EL code to whatever language the other platforms use. Most of these traders have hundreds or even thousands of indicators, strategies, etc that would need to be translated. To do so using available services would cost much more than they could afford.

The above is true of many other platforms as well: There are always traders who would switch to a competing platform but they are not programmers and can't afford spending years learning new languages over and over again. A piece of software that is able to convert code to other languages would be in high demand.

The only other option is to pay a programmer to do the conversions but the issues with this are numerous: level of knowledge/efficiency in both languages: confidentiality, mistakes made, re-coding if the 1st try didn't work, etc. Using software to do this would solve the majority of such issues.
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I fully agree. The ability to convert trading platform language (Amibroker's AFL, EasyLanguage, etc) to universal languages like C#, C++, Jave, etc would be wonderful!

If this worked, I would buy it almost immediately.
 
Quote from CPTrader:

If this worked, I would buy it almost immediately.
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More importantly, <i>how much would you pay</i>? Would a four-figure pricepoint deter you?
 
clean database, period.

I wished there was a vendor who offers clean data, data that can be accessed lightning fast, such as through KDB. A database that gets me tick data, market depth, bars on the fly without delay, data that is cleaned, backward adjusted for corporate actions. It does not exists, period. No Reuters, no bloomberg, no other vendor can offer it. Even most investment banks, despite a host of people at data groups, dont seem to be able to cut it. Sad state of affairs if you ask me, but the status quo.



Quote from falconair:

Hi All,
A friend and I, both of us programmers in the financial industry, were thinking of a small startup to serve traders.

Outside of actual trading systems, what software do you wish existed which might help professional or semi-pro traders? The kind of stuff that you always put off doing in the future, wish existing brokers provided, etc.

I was thinking of basic pre/post trade analysis, the kind used by large institutions (but much more basic). Perhaps something which takes your trades, calculates your positions and provides some risk numbers (is VaR at all useful to traders here...since you folks probably don't need it for any regulatory requirements?).

You may send me a private message if you prefer.

Look forward to hearing some ideas.

Thanks
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Quote from willnotlose:

Create a software program that converts EasyLanguage (TradeStation) code to C#,C++,etc.
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Sorry guys, I'll have to be a bit negative here:

Look at the history of programming language translators.
It's always a complete mess and they hardly ever arrive at their purpose.

Even with languages that should be really close like Visual Basic to Visual Basic .NET the translator (supplied by MSFT) is a mess and as soon as the programs translated become non-trivial the output of the translator is frequently inappropriate / needs much hand work.
 
Quote from uexkuell:

Sorry guys, I'll have to be a bit negative here:

Look at the history of programming language translators.
It's always a complete mess and they hardly ever arrive at their purpose.

Even with languages that should be really close like Visual Basic to Visual Basic .NET the translator (supplied by MSFT) is a mess and as soon as the programs translated become non-trivial the output of the translator is frequently inappropriate / needs much hand work.
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I wouldn't generalize here. f2c (fortran 77 to C) compiler works without a hitch on large computational libraries, algorithms in which are by no means trivial.

Where VB to VB.NET compiler fails is not the laguage is the narrow sense but "library" objects. How forms, database objects, library ActiveX controls operate in VB and .NET has subtle differences which make translation non-trivial. Microsoft, on their side, have a superimposing objective to make everyone use .NET. So, they wouldn't provide "compatibility" features and would rather live with some translated code not working properly.

Regarding EasyLanguage, similarly the main challenge will be to translate visual elements of TradeStation charts (which may have no analogues in other platforms) and the like....
 
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