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Old 06-21-2009, 11:22 AM   #17

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Question Re: Best Strategy Backtesting Software

Does anyone know when the new NinjaTrader is due out?
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Old 06-27-2009, 11:45 AM   #18

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Re: Best Strategy Backtesting Software

delayed again...........now saying not till Sept
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Old 06-27-2009, 04:54 PM   #19

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Re: Best Strategy Backtesting Software

Quote:
Originally Posted by Bohunck »
Does anyone know when the new NinjaTrader is due out?
A few months ago we talked to the management of both Ninja & Zen Fire about migrating all of our work from Trade Station to Ninja and after expending much time, effort and expense we decided no way for a lot of reasons starting with issues we had with the data and on to the immaturity of Ninja.

The only thing we found really attractive about Ninja was the price and we believe that it will take at least several more years before Ninja is ready for prime time users.

We have been using products from Bill Cruz and his brother since long before there was a Trade Station and longer than any other Trade Station customer. Of course there are issues with Trade Station and always will be but we still find it the best around and so do others:

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Old 06-27-2009, 09:24 PM   #20

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Re: Best Strategy Backtesting Software

Take a look at the videos of Investor/RT's backtesting capabilities on this page: Investor/RT - Video Library
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Old 06-27-2009, 10:24 PM   #21

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Re: Best Strategy Backtesting Software

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Originally Posted by LS_Chad »
Take a look at the videos of Investor/RT's backtesting capabilities on this page: Investor/RT - Video Library
From what I can see of Investor/RT is that it has long way to go and that I don't see the slightest hint of any feature that hasn't been in Trade Station for years plus I see many features in Trade Station that are not yet available in RT - Genetic Optimization routines and RT auto execution to name a couple - there are more.

Maybe in a few years it might catch up to where Trade Station is today but by then Trade Station wont still be where it is today.

Certainly, as a very long time user with over 4k indicators, functions, strategies and dll's that we have written for use in and around Easy Language we are very involved with the platform - But not so involved that we would hesitate to migrate if we thought the migration would add any significant value. Just a few months ago we took an in depth look at Ninja and found more problems than solutions for very little added value.

The only 2 issues we have with Trade Station are 1) the lack of granularity with their time stamp and 2) infrequent latency in the data. We have found ways around the time stamp issue and the latency issue is so small and so infrequent that it dosn't bother us.

Last edited by UrmaBlume; 06-27-2009 at 10:29 PM.
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Old 06-28-2009, 04:39 AM   #22

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Re: Best Strategy Backtesting Software

And what about MultiCharts vs tradestation ???
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Old 06-28-2009, 07:03 AM   #23

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Re: Best Strategy Backtesting Software

Genetic Optimization is available in Investor/RT (in the form of "express optimization") and auto-execution is available as well. The execution aspect is not a strength currently, but something that Linn Software is presently devoting a great deal of time to. Look for auto-execution to become a strength in the very near future (within a month or two).

In response to the OP, I guess it depends on what your needs are in regards to which is best. If you need execution, today, then I/RT probably is not the best for you. I think you'll find that it's much quicker/easier to code your system in Investor/RT using RTL than with "easy" language. For a taste of how easy RTL is, you can read through a tutorial I've been working on recently: RTL 101.

Just providing an alternative for the OP to look at.
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Old 06-28-2009, 09:01 PM   #24

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Re: Best Strategy Backtesting Software

Quote:
Originally Posted by UrmaBlume »
A few months ago we talked to the management of both Ninja & Zen Fire about migrating all of our work from Trade Station to Ninja and after expending much time, effort and expense we decided no way for a lot of reasons starting with issues we had with the data and on to the immaturity of Ninja.

The only thing we found really attractive about Ninja was the price and we believe that it will take at least several more years before Ninja is ready for prime time users.

We have been using products from Bill Cruz and his brother since long before there was a Trade Station and longer than any other Trade Station customer. Of course there are issues with Trade Station and always will be but we still find it the best around and so do others:

The Cruz folks are also smart enough to know how to make money giving away bells and whistles for commissions to traders who can't make a dime with or without their product.

A much better business plan then risking capital like their customers.
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