Strategy Development Tools

Discussion in 'Strategy Building' started by RainMakesGrain, Mar 20, 2024.

  1. I would like to get some feedback from folks who have used Strategy development tools (i.e. StrategyQuant, etc.) currently or in the past to develop their strategy's. Good or bad? I mainly trade futures and would be interested to learn more about software designed for futures specifically. I'm learning to program with Easy Language but want to be resourceful as well.
     
    Last edited: Mar 20, 2024
    legionx likes this.
  2. Thank you! Does AmiBroker code your tested strategies to be used in Tradestation Easy Language or other types of code for automation?
     
  3. RantaMin

    RantaMin

    Also can be TradeStation and NinjaTrader
     
  4. RantaMin

    RantaMin

    Its own programming language, AFL (AmiBroker Formula Language)
     
  5. As an example of what you can do with AmiBroker, here are the sim trades from a strategy I've been testing. So far it tracks very well with actual trades. I try hard to not curve fit, but it needs more testing before I throw much money at it. The 80 shares QQQ represent 1 contract of MNQ. I don't actually trade QQQ, I just don't feel like paying for futures data. It doesn't trade a lot, but it has been very accurate in up and down markets, including a profitable trade yesterday. All trades are at the RTH open.

    QQQ-MNQ Strat.jpg
     
  6. RantaMin

    RantaMin

    What steps are you taking to minimize the risk of curve fitting in your strategy testing?
     
  7. QuantVPS

    QuantVPS Sponsor

    StrategyQuant, BuildAlpha, and similar tools can be excellent stepping stones for beginners. For advanced users, they are also valuable as they allow for idea generation.
     
  8. Hey everyone!

    I wanted to share a tool I’ve been working on called GetPineScript for anyone who's into Pine Script and strategy development but doesn't want to deal with too much coding. I built it to make creating TradingView scripts super straightforward, even if you're not a coder.

    It's been fun to see how it's helping people focus more on developing strategies instead of getting stuck in code. If that sounds like something you'd find useful, feel free to check it out or ask me anything!
     
  9. Julia87

    Julia87

    I'm really new to trading, and I've never used AmiBroker yet, but it looks impressive. And have you tried any alternatives to that tool, which are also good?
     
    #10     Dec 25, 2024