Deciding on a Backtesting and Trading Platform

Good advice

If you are looking at Amibroker - Howard Bandy has a couple of introductory books that will shorten the learning curve.

 

What is the best software? There is only one best, not this 'whats the best car' BS...

 

Oh gawd............I suppose someone has to ask the flipping question.

Well in your humble opinion GG what is the best then ?

 

Make sure to try <A href="http://www.datatime.eu/public/gbot/GBotScreenshots.htm " target="_blank"> this</a> program too (IB only) .

This bot incorporates also a powerful <a href="http://www.datatime.eu/public/gbot/TickDataBacktesting.htm" " target="_blank">backtester</a> as well as forward tester (random tickdata).

A beast. ;-)

 

The latest TradersStudio version has three inbuilt backtesters which can be used in cases like Equity Curve Program and to select the best stocks from a portfolio for profits.

 

if I remember rightly I said that your reviews are superficial uninformed and useless nonsense.

 

You must have understood that the guy is a payed spammer from a TradersStudio. What value could be expected from the "reviews"?

 

I have tried almost all trading programs, at least the ones have demo versions.

The most promising are

Wealthlab Pro -- good for EOD
Tradestation - Easy, powerful but some acute limitations
Amibroker - Fast, difficult
Multicharts - Slick, promising
Ninjatrader -- promising but buggy last I checked

---
First if you go for intraday trading then most programs are too slow. There are only a few programs on the market that are fast enough to test intraday systems and that narrows it down to Tradestation, Multicharts, and Amibroker. Integrated data is big plus for TradeStation too. Tradestation has a huge support community which is important.

The biggest limitation for TradeStation for me are that it is hard to do portfolio, pairs, hedging without add-on. They bought Rina (and Grail) but no add on yet. Also, another big limitation is that TradeStation doesn't offer historical volume at price data. Currently going to look into Seer.

Please suggest any platforms capable of making more like HFT strategies, drag/drop, cheap.

If/when tradestation takes advantage of add-on properties then I can't see anyone beating them... hope they get this done soon

 

Does anyone have any thoughts on Cyborg Trading? (HFT software for us day traders)


www.cyborgtrading.com

 

im working on combining trade-ideas.com with cyborg. cyborg is a great platform for day trading.