Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

januson

Buying Tradestation

Recommended Posts

Hello

It seems that the majority of people in here are using TS for their needs. I'm curious if anybody know how much Tradestation costs and if this is a good solution for informational purposes for trading the Nordic Exchanges.

 

I've my own broker, so actually I don't need the tradingmodule in TS.

 

Any advice are welcome for a tradingplatform where it's possible to use own dataprovider if the vendor doesn't supply the OMX-Nordic Exchange.

 

NB, I dont like eSignal, I think their usability and user interface looks like something from the 90' :eek:

 

Kind regards

Janus

Share this post


Link to post
Share on other sites

Unfortunately, TS has only recently introduced Eurex and Liffe instruments so I don't see them offering other smaller exchanges in the near future. I hear IB is quite good in data feed many exchanges throughout the world. I'm not IB user so I can't comment too much on this. Maybe someone here has some input. Good luck.

Share this post


Link to post
Share on other sites

januson... you need have ts on one side on the other you need to buy owndata soft to feed ts... and on the other side you need esignal data feed that I belive they have your market covered.... maybe as torero says you can connect IB with owndata and feed TS.... some idea.... cheers Walter.

Share this post


Link to post
Share on other sites

TS has its own feed, I read from the TS forum with people having a hard time using third party feed. TS2000 was the package for purchase but I don't think they update them with new features like the subscription package (TS 8.2).

Share this post


Link to post
Share on other sites

Tradestation 8.0 costs $250/ month without broker. eSignal costs as I remember $82/ month

 

Roughly it totals to $350 in monthly fees - expensive for me :o

 

Well okay... thank you all, maybe I can afford that in the future. And if I can't then me existence at the market is inadequate imho.

Share this post


Link to post
Share on other sites

januson : why do you have to trade on your market ? cant you trade usa futures ? you could make it more cheaper, and to be sincere you dont need more than a good candles and volume that comes on any dom actually to get started ... even Mr paul is posting some simple but powerfull prohet.net charts, I dont know if you are following our new volume / candle setups saga... very simple stupid stuff and professional as well.... you would roughfly spend 50 bucks per month... on IB with ib charts 0.... give it another think... TS is wonderfull ( I admit) but its not the only way to trade succesfully.... cheers Walter.

Share this post


Link to post
Share on other sites

TS is free if u set it up as your brokerage and make a piddly 10 round trips. well, free for the platform.

 

the data fees are more expensive than IB (ts charges for CME for instance), but for $30 a month, you can have CME, CBOT, PHil etc.

Share this post


Link to post
Share on other sites

torero->

Sorry but I can't see the $99/ month, could it be when you're using TS as broker?

 

walterw->

No particular reason for the choice of market, I just thought it would be a good idea to learn the basics in my own region :)

Yes just started looking at prophet.net(thanks to your advice) ;)

 

dalby->

huh... but I need the OMX - Copenhagen Stock Exchange data so... but the more knowledge I get the more hooked I'm at trading other than the Nordics.

Share this post


Link to post
Share on other sites

How reliable is the data for multicharts? Recommend it? How about execution and automation integrity?

 

I've been looking for an alternative to TS. I'm happy with TS except their clearing broker is not as good as other brokers I've seen, especially for forex market (DD!!! Dealing Desk!!!). If this one can do just as good for futures and forex, I may switch.

Share this post


Link to post
Share on other sites

Since I am not sure what you need from platform, I will suggest you several options:

#1 - IB as data feed + quote Tracker ( $5/month) - simple charting package - no backtesting

#2 - IB as data feed + AmiBroker ( ~$200 or so) - charting and backtesting

 

#3 - IB as datafeed + MultiCharts ( from [http://www.tssupport.com]) ... I have not tried this package, but it is suppose to be compatible with Tradestation. It should run EasyLanguage code.

#4 - TradeStation 8.2 - with brokarage account is free if you trade 10 round trips on any futures contract ( not sure if TS support Copenhagen Stock Exchange )

Share this post


Link to post
Share on other sites

Here, I wandered looking for TS-based Market Profile indicator and found it here. Then made this nice place I now call home. How have you been? Still in TS chat room?

Share this post


Link to post
Share on other sites

Payback time... :)

 

Hello, just stumpled across this old post, where I was the thread starter. Back in marts 2007 I actually followed the advice for MultiCharts, I downloaded a trial version and bought the application later.

It ran a bit slow in the start, but later TSSUPPORT released a better optimized version and now they've just released version 2.1.999.999, 18 September 2007. This version is very quick I can tell, it calculates indicators in a rush and never chrashes or freezes :roll eyes:

 

I'm very happy for this product, it suits my needs perfectly and the price was actually ok also. I paid a one time fee for MultiCharts and signed up with eSignal for Nordic OMX Exchange (Copenhagen and Sweden Stock Exchange). The Esignal subscription costs me $115 in monthly fee.

 

Im just a happy camper... ;)

Share this post


Link to post
Share on other sites
Payback time... :)

 

Hello, just stumpled across this old post, where I was the thread starter. Back in marts 2007 I actually followed the advice for MultiCharts, I downloaded a trial version and bought the application later.

It ran a bit slow in the start, but later TSSUPPORT released a better optimized version and now they've just released version 2.1.999.999, 18 September 2007. This version is very quick I can tell, it calculates indicators in a rush and never chrashes or freezes :roll eyes:

 

I'm very happy for this product, it suits my needs perfectly and the price was actually ok also. I paid a one time fee for MultiCharts and signed up with eSignal for Nordic OMX Exchange (Copenhagen and Sweden Stock Exchange). The Esignal subscription costs me $115 in monthly fee.

 

Im just a happy camper... ;)

 

Hey januson have you had any problems running Tradestation indicators in Multicharts? I've read it's 'compatible', but I was wondering if you could give me an idea if you have any custom easy language indicators that have given you any trouble.

 

Thanks

 

George

Share this post


Link to post
Share on other sites

Just go to Think or Swim. I've tried almost every broker out there and they offer the most for the least amount. They also have Think A.I. which is a artificial intelligence program that projects the direction for that day. All of their software is free with a funded account.

Share this post


Link to post
Share on other sites

Just my 2 cents. I had trade station for awhile. I liked it just okay. But imho to Pricey for data. I am using Ensign Windows. now and am happy check out http://www.dacharts.com. my broker "infinity futures supplies data at no cost. Invester Rt looks good as well.

I also just started to Use Ninja were it is free for charting. as long as you have data. so I am just playing with it.

P.S. Hope it helps. Remember its just a platform and it won't make you trade any better.

Share this post


Link to post
Share on other sites

The USD remained enigmatic in NY session but Asian session pulled it down indicating weakening USD.

Expect the Dollar to show some weakness in Asian and London session , while NY will decide

the direction.

As for the Pound we are expecting it to bounce up from the 1.5143 to 1.5169 zone.

Overall outlook for the USD pairs remains Weak to Neutral.

5aa711c0ef912_gbpusd28thfeb.jpg.fbd7b31243086a0e32c2964d0ebac93b.jpg

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Date : 27th October 2021. Market Update – October 27 – Yields up,Robust USD. USD (USDIndex 93.84) – topped at 94 before retracing to 93.84 in Asia session.Wall Street rallied to more new highs on the USA500 and USA30, with the USA100 closing in on its peak, before gains faded. Solid earnings continued to underpin optimism, and stronger than expected confidence and housing data helped too. – rekindled Fed tightening fears. The long end of the market saw yields dip, overlooking the inflation jump as the longer term outlook is still benign. The 10-year Treasury yield has moved up 1.4 bp to 1.622%. Australia’s 10-year rate moved up and the 3-year jumped nearly 16 bp after core inflation came in higher than anticipated and reached a 6 year high in data for the third quarter. FT: Alphabet and Microsoft smash estimates with $110bn revenue haul (+33% from Q3 2020) – surge in cloud computing, and a strong rebound in digital advertising – all eyes on US open. Big misses from Robinhood, tanking its shares – closed at 40.09. Evergrande in focus again as authorities called on billionaire Hui Ka Yan to use his personal wealth to support China Evergrande Group. Chinese authorities called on companies to make “active preparations” to meet payments on offshore bonds. – sell-off in seven weeks for Chinese tech shares. German import price inflation hit 17.7% in September – The breakdown showed that energy prices remain the main driving factor, & that the shortage of natural gas and the spike in oil prices are not the only problems hitting supply chains, with supply shortages likely to keep prices elevated into next year. USOil steadied around $82 – $83. Gold dipped on robust USD, higher yields and ahead of central banks, at $1785. FX markets – EURUSD 1.1600, Cable bounced 1.3774, USDJPY – 114 from 114.30. Today – US Durables and BoC rate decision and conference. Earnings: Thermo Fisher, Coca-Cola, McDonald’s, Sony, ServiceNow, Bristol-Myers Squibb, Boeing, GlaxoSmithKline, ADP, GM, Old Dominion, CME, Edwards Lifesciences, Norfolk Southern, Twilio, Ford, General Dynamics, KLA Corp., eBay. Biggest FX Mover @ (06:30 GMT) AUDUSD (+40%) – spiked at 0.7535, faster MAs rising and RSI at 60. Fast MACD signal line & histogram keep rising, implying further rise in the short term. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HotForex Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Andria Pichidi Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Date : 26th October 2021. Market Update – October 26 – Bonds and stocks rallied to start the week. USD (USDIndex 93.89) – first rate hike was pushed up to June, with two quarter point tightenings priced in for 2022. Wall Street firmed too on the back of strong earnings with more new record highs on the USA500 and the USA30. Also underpinning sentiment are expectations that the fiscal package will make it out of Congress. Fed Chair Powell warned that inflation could be higher and more persistent than previously expected. US Yields – 10yr backed up 0.9 bp overnight to 1.64%. Equities mixed – USA100 paced the advances though, climbing 0.9% amid support from the slip in yields – 4582. USA100 bounced to 15602. Facebook reported mixed third quarter earnings on Monday, slightly missing revenue estimates but continuing to grow its user base. FB +2%. TSLA (+12.6%) joins the$1 trillion market cap group after 11 yrs – took AMZN 22 yrs. It’s bigger than the combined value of the next 9 biggest car makers but it sells less than 1% of world car sales. Elon Mush added $36BN to his net wealth yesterday alone. UBS beats on revenue – but sales are mixed. USOil holds up again on supply concerns & trades close to 7-year highs at $82.50. Gold spiked at $1808. FX markets – EURUSD 1.1600, Cable bounced 1.3778, USDJPY – reversed from 113.97 highs to PP at 113.86. European Open The December 10-year Bund future is down -20 ticks at 168.45, underperforming versus US futures, although in cash markets the US 10-year rate is down from overnight highs, but still up 0.4 bp at 1.63%, as a 0.5% gain in the USA100 is leading US stock futures higher. GER30 and UK100 are posting gains of 0.2% and 0.1% at the moment, after a somewhat mixed session across Asia. Today – Upcoming central bank decisions will remain in focus, with ECB and BoJ set to announce their decisions on Thursday. Earnings: Microsoft, Alphabet, Visa, Eli Lilly, Novartis, Twitter, General electric, UBS, Robinhood. Today’s economic calendar will be of interest as well, and features October consumer confidence and September new home sales. Biggest FX Mover @ (06:30 GMT) NZDJPY (-0.28%) Reversed overnight gains from 81.88 high tp currently 81.50 area. Faster MAs, RSI & Stochastic turned lower, while in contrast MACD signal line & histogram keep rising, implying to a potential limited pullback. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HotForex Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Andria Pichidi Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Date : 25th October 2021. Market Update – October 25 – Big Earnings Week Ahead, USD Cooler. USD (USDIndex 93.50) cools a tad & again tests 4-wk low (93.44). PMIs biased to the upside as Powell talked taper but no rate rises yet, Democrats narrowed their differences on the $3.5b infra bill & Yellen talked new taxes. Yields hold up, Equities mixed Friday, FUTS down. Big week for Earnings – Oil up again on supply concerns, gold back to $1800. Evergrande – Restarted 10 building projects over weekend, announced move away from real estate towards EV production. US Yields (10yr closed higher at 1.665) & – now 1.6500% Equities mixed – USA500 -4.88 (-0.11%) at 4544 (NASDAQ –0.82%) – Big movers – SNAP -26.59% & INTEL -11.68%; Big Earnings misses, FB -5.05%, GOOGL & AMZN –3%, TSLA +1.75% – USA500.F back to 4540. Asian equities weaker. USOil up again on supply concerns & trades close to 7-year highs at $83.00 Gold very volatile Friday ($1782-$1813-$1793 on close) Back to pivot at $1800 now. FX markets – EURUSD 1.1650, Cable 1.3770, & USDJPY – (after a strong day on Friday (113.40 low) now at 113.60. Week Ahead Earnings from 5 x tech giants (FB today), plus major European Banks. Policy meetings from the ECB, BoJ & BOC, economic data includes US Q3 GDP & PCE. Plenty of CB speak, the UK Budget and month end too. European Open December 10-yr Bund future up 23 ticks at 168.51. DAX & FTSE 100 futures up 0.15% & 0.25% respectively. Inflation risks remained in focus as oil prices continue to climb higher while bottlenecks in supply chains lead to rising cost pressures. The combination already weighed on manufacturing PMIs last week & are likely to also depress the German Ifo confidence reading today ahead of Thursday’s ECB meeting. Fed Chair Powell signalled on Friday that inflation could stay higher for longer & that the taper is coming. ECB by contrast has pushed decisions on PEPP & APP back to the December meeting, which means this week’s ECB will be watched mainly for signals from Lagarde at the press conference. TToday – German IFO and BoE’s Tenreyro. Earnings: Michelin, Facebook, Restaurant Brands. HSBC surprises with 74% rise in Q3 profit and $2bln buyback. Biggest FX Mover @ (06:30 GMT) AUDJPY (+0.45%) Recovering from a strong day run fro JPY last week. Up from 84.50 tlow on Friday to test 85.00 now. Faster MAs aligned higher, MACD signal line & histogram rising, RSI 51 & neutral. H1 ATR 0.189, Daily ATR 0.817. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HotForex Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Stuart Cowell Head Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Date : 21st October 2021. Market Update – October 21 – Stocks & USD slip on big Earnings Day. USD (USDIndex 93.55) cools a tad and again tests 2-week low (93.47) Yields stronger again, Equities closed up, but FUTS are down (Nikkei -2% on stronger YEN and Yuan). Big day for Earnings – TESLA beat but revenue numbers disappointed some. Oil up on drawdown. Evergrande – Bad News $1.7bn sale of 51% of HK unit to Hopson OFF, $1.7bn sale of HK HQ OFF, $83.5m coupon default triggers tomorrow. Good News $260m bond coupon, extended by 3 mths US Yields (10yr closed higher at 1.63) & – now 1.6533% Equities moved ground higher USA500 +16 (+0.74%) at 4536 (NASDAQ –0.05%) – Big movers – Verizon +2.41% & ABBT +3.3% (PayPal – 4.91%) – USA500.F back to 4500. Asian equities weaker. New VIX contract at +1.49% at 19.60 USOil up on drawdown n strong demand at $82.00 after EIA inventories showed -400K vs build of 2.1m Gold holds at 4-day highs – $1785 FX markets – a recovering USD – EURUSD 1.1646, Cable down from 1.3830+ to 1.3800, & USDJPY – off 4-year highs and pivots at 114.00. European Open The December 10-year Bund future is down -16 ticks, US futures are also in the red. DAX and FTSE 100 futures are both down -0.45 and US futures are also in the red, with the NASDAQ underperforming again, after already closing slightly lower yesterday. Indices remain at high levels, but tapering concerns, the global energy rout and supply chain concerns are capping the outlook for global growth. Markets will continue to watch earnings reports and central bank comments, especially in the UK where officials clearly are laying the ground for an early lift off. Meanwhile the announcement of Weidmann’s departure has raised hopes that the ECB will push even more to circumvent the no-bailout clause permanently – after the end of PEPP, which already helped BTPs to outperform yesterday. Today – US Initial Jobless Claims, Philadelphia Fed Business Index, Existing Home Sales, EZ Consumer Confidence, EU Council Meeting, Fed’s Daly, Waller, RBA’s Lowe, Earnings: AT&T, Intel, American Airlines, Southwest Airlines, ABB, (bottleneck problems) Vivendi, Hermes, (beat) Pernod Ricard,(beat) Barclays, (Revenue big beat) Unilever (Sales miss). Biggest FX Mover @ (06:30 GMT) AUDJPY (-0.50%) Rejection of 86.25 this morning as Yen lifts after a very weak October. Faster MAs aligned lower, MACD signal line dips and & histogram slips significantly lower, RSI 40.00 off OS level, H1 ATR 0.189, Daily ATR 0.817. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HotForex Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Stuart Cowell Head Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Meet a maverick on Blockster   Blockster is a cryptocurrency social platform.   Blockster connects everyone within the blockchain industry into one place—all the cryptocurrencies, the teams behind the projects, as well as, the traders and investors. Communicate and network with the very core of the blockchain industry, and stay ahead of the market trends via Blockster.   Get insightful posts, reviews, breaking news, interesting comments, and latest updates from the world of cryptos, from Azeez Mustapha: https://blockster.com/AzeezMustapha46102 
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.