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Old 10-15-2009, 01:52 PM   #89

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Re: Is 100% Mechanical Trading Possible?

i am testing my robot application and isn't going too bad so far.

Here is some graphic log of trades:
G-Bot Automated Trading System - A nondeterministic money printing machine

I have not finished it yet: adding the component to ride the rallies. Hard work.

Tom
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Old 10-16-2009, 12:08 PM   #90

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Re: Is 100% Mechanical Trading Possible?

OK. I spend some time looking into the subject and now can say the following.

a. Sierra sucks less than I though but it sill is not suitable for proper backtesting. Considering limited architecture and lack of experience in this area I think they need couple of years to get into proper level (once they introduce backtesing/optimiser [not replay]).

b. Ninja 7 sucks more than I thought. Still can be considered as it is free for backtesting. But I just figured out that NT7 will not have tick-to-tick simulation. NT7 largely is NT6 but how it should be done in first place. Hence it is 2 years old in features.

c. Neoticker seems the best option ever. Supports C# and has tick-by-tick simulation. What else you need!

d. MultiCharts - thanks for Tams pointed me there. Seems very decent option however price is not inspiring. I personally would rather pay one off to Neoticker. TradeStation is another option but I count them the same as both have similar architecture, features and price.

e. Everything else is waste of time (like OpenQuant - could be great but never made to a proper production level - one-man-band really, should be called "Mr Fokin Ambitious Project Which Never Worked", hope someone will buy it out and make a commercial product of it)

Everything you just read is my personal opinion.
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Old 10-16-2009, 12:30 PM   #91

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Re: Is 100% Mechanical Trading Possible?

Check out TradeVec.....MANY sophisticated automated traders are starting to use this platform.
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Old 10-16-2009, 12:38 PM   #92

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Re: Is 100% Mechanical Trading Possible?

Yes I did but 2 weeks ago it looked a bit like a newly built house with no decoration. I'll give it few months to see what will grow up from it.

Last edited by maxima; 10-16-2009 at 12:46 PM.
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Old 10-16-2009, 12:39 PM   #93

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Re: Is 100% Mechanical Trading Possible?

Quote:
Originally Posted by maxima »
...
d. MultiCharts - thanks for Tams pointed me there. Seems very decent option however price is not inspiring. I personally would rather pay one off to Neoticker. TradeStation is another option but I count them the same as both have similar architecture, features and price.
...

notes about the two:

- both use EasyLanguge,
- MultiCharts has extended the syntax...
-- e.g.
sub-minute analysis,
multi-resolution analysis (eg. minute and tick in the same chart),
-- MultiCharts supports multi-core CPU. useful if your analysis is complex.

TradeStation -- integrated broker/datafeed/analysis -- can be an advantage in a 100% autotrade setup.
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..........This is a terribly difficult question to answer. The only satisfactory answer is: "It depends"...
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Old 10-16-2009, 12:45 PM   #94

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Re: Is 100% Mechanical Trading Possible?

OK I meant - MC is better than TS and if I were to decide I'd go with MC no questions. I read all your message Tams very carefully

I just had to mention TS as it is still a good option and people who has accounts with TS probably are better off using TS than pay extra $100 for MC....
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Old 10-16-2009, 12:49 PM   #95

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Re: Is 100% Mechanical Trading Possible?

Quote:
Originally Posted by maxima »
Yes I did but 2 weeks ago it looked a bit like a newly built house with no decoration. I'll give it few months to see what will grow up from it.
BTW, just so you know....Mark Brown (known automated trader) has already been using this set up for some time now.
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Old 12-14-2009, 02:14 AM   #96

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Re: Is 100% Mechanical Trading Possible?

Hi......


I want to know about Mechanical Trading ( auto trading). pls any one teach me.
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