What is the best platform for backtesting?

Discussion in 'Automated Trading' started by jsingh1022, May 2, 2016.

  1. I see you are an MC "basher".....but actually MC does #1 and #2 pretty well.
    I mean Power Language is pretty easy to understand, albeit understanding all of the declaratives and options has gotten a bit more complex.

    Intrabar Order Generation and Bar Magnifier are huge features IMHO.
    However, if you don't make the correct declarations, you can fill an order within a bar and then that same order will fire at the close of the bar....not good, not good at all.

    You really need to understand how the settings work in combination.
     
    #31     May 15, 2016
  2. Actually I wasn't bashing them at all. I use MC primarily for #1 and #2, which it manages well. The charting and back-testing features are just a bonus. It's well worth the money I paid for it.
     
    #32     May 15, 2016
  3. K-Pia

    K-Pia

    Traders (Real World) > Academics (Fairy Tail)
     
    #33     May 15, 2016
  4. M.ST.

    M.ST.

    Not understanding basic math and lacking other things are not show stoppers?
    Just wow.
     
    #34     May 17, 2016
  5. Being a whiner never made me a better trader. Adapting to resources, regardless of the advantages/disadvantages has. Build your own platform if you don't like it. Good luck with that
     
    #35     May 17, 2016
    syswizard likes this.
  6. Exactly. And notice how he never mentions specifics....re: "lacking other things". What things specifically ? These auto-trading platforms are hugely complex....I can't imagine the number of lines of code that comprise these systems.
     
    #36     May 17, 2016
  7. I've been wanting to trade directly off Excel for a long time, but focused instead on studying markets and developing models. Life is too short to reinvent the wheels.
     
    #37     May 17, 2016
  8. Unless it's a long-term trading approach, don't even think about it for intraday trading.
    Reason: STA (Single Threaded Architecture).
    All of the popular platforms are multi-threaded....for a good reason.
     
    #38     May 17, 2016
  9. M.ST.

    M.ST.

    Oh those delusional MC fanbois defending their overpriced flawed investment

    Do you want me to write an essay?
     
    #39     May 27, 2016
  10. Go right ahead....I'd love to hear about the flaws and quirks that you uncovered.
     
    #40     May 27, 2016