You can analyze price history or real time data in Excel... We choose, since we are dealing with so many stocks, to import the data into SQL Server 2000 and do the analysis using Stored Procedures to lower the CPU use...
RTD links are offered by TT X_Trader and works good on Excel 2003 and 2007; check for info at TT Forum http://forums.tradingtechnologies.com/index.php?referrerid=93
We automate our trading through excel using Windows XP scheduled tasks. Assuming you are logged in to your computer, the tasks can be set to run at any time of the day or night. It's a matter of creating a small .vbs file that kicks off a .bat file which runs excel. Excel then pulls in quotes from our data sources, calculates values, and exports the results. The .bat file then closes excel and it's as if nothing ever happened. Works quite well.
TT's X_TRADER PRO includes a program that links to Excel for trading decisions. You can use RTD for real time market and position data and then build your logic in excel. RTD is an Excel function designed for getting real time data into Excel in an efficient manner. If your platform supports it then you can get real time data into a spreadsheet. Excel formula calculate faster than VBA but there are some things that just can't be done in excel. the biggest is saving a history of price or value changes.
it can be done with a moderate amount of work. well within a normal person ability and about two months of dedication. you may have to at some point hire a consultant for some parts but not real expensive. i would expect 3 months one month initially just to figure things out and put a project out on elance. one month to tune and get something up and running and the last month for finishing it and start trading. mb
It is true that there is no excel function that can store a history of live streaming prices. But that doesn't mean it's impossible. It's possible to write custom VBA code that will get the job done.
thanks! can anyone else with experience in excel automation please post here? has anyone tried strategyrunner with excel? i found the following news article from fxweek magazine which testifies to the fact that excel is used by larger institutions: