Obsidian

Discussion in 'Trading Software' started by lionfish42, Jan 27, 2011.

  1. They have a 14-day free trail with live data. Their data package, which includes charting is cheaper than eSignal. I have done some paper trading on it and the Delta Hedging model is very cool for trading stock against a straddle. They also have a ladder for futures, but you can use it for options as well, which I like.

    So is anyone using this to trade?

    Check it out: www.silexx.com
     
  2. Question...

    I am playing with Obsidian and they have an Algo Ticket. However I am not sure how exactly to use this. Maybe it doesn't work in the Demo account.

    I would like to learn more about these "WAP" type order and other algo orders. It seems very useful, but I am not sure how best to use them.

    This is what it says on the site.

    "Obsidian's Algorithmic Order Ticket supports multiple equity algos, including: VWAP, VWAP+, TWAP, TWAP+, Flexible Participation, Implementation Shortfall, Rapid Dark, Synthetic Peg and Volume Participation"

    http://www.silexx.com/obsidian/modules


    I read up on them in Wiki: http://en.wikipedia.org/wiki/VWAP

    However, could some one give me an example of which to use and expectation.

    The ticket in the demo seems easy enough to use, I am just wondering if someone has an opinion on the different "WAP" types and when to or not to use them.

    Welcome your thoughts and opinions.