Poor Man's Automation

Discussion in 'Automated Trading' started by Alex the Great, Dec 19, 2007.

  1. Is there a way to automate a trading strategy without using any software that costs a monthly fee?

    So far, I've found TDAmeritrade's StrategyDesk. It is completely free.
  2. Yea you can program your own software ;)
  3. rwk


    Interactive Brokers has a free API, and there are freeware products being developed that access it.
  4. i have done it through IB and it is pretty simple..... for futures I used CQG
  5. For the first time, I agree.

    The tester and execution platform should be custom made in terms of systematic trading. I've never seen (and never will see) a vendor/retail that is capable of the trading/testing I (or other professional pure systematic traders) do.

    All vendor / retail platforms are like kid's training packages....

    Don't agree with me? Give me one platform that utilizes Nash Equilibrium.
  6. I'll get stuck paying for historical data feeds no matter what though, right?
  7. rwk


  8. open tick is free
  9. there's a platform called 'ticktrader'. looks kinda cool. and i noticed they have a free version for testing.
    i saw a demo featuring the platform on youtube that was interesting..
    i've never heard a single review however. i think they're pretty new.
  10. http://www.youtube.com/watch?v=opPZbcpFXAw

    here's the youtube piece i referred to...
    i've never used this platform or have any connection.

    i was looking for a similar setup. i wanted to develop strats and didn't want the monthly fees. i found a copy of tradestation 2000i on ebay. it's completely 'standalone'. with Ib data, it's a fair package. certainly a poor man's way...

    ninjatrader might be an option as well. bottom line tho, there are costs involved. i had to open an account w/ IB. (gotta have a broker regardless - right?). you'll need data as well.

    so, there are solutions.. just take some time, figure out the best path that fits your needs.
    #10     Dec 23, 2007