Scribd
Upload
7 views

STU Lesson2.3 Transcript

Uploaded by

rb25master
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
7 views

STU Lesson2.3 Transcript

Uploaded by

rb25master
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 1

Module 2, Lesson 3

Which software represents the standard?

Andrew: So there really is a lot of software available out in the market these
days. So what software do you think represents the standard?
Martin: The standard represents really the TradeStation for these user-
friendly purposes execution, but there are also some other software,
especially when you are concerned with a portfolio approach, such as
Amibroker or MultiCharts and some other software. But as far as on
data feed directly, that is in the platform, so this is really TradeStation
that represents a very user-friendly solution and we use it 90 percent
of the time for order generation. If any of you are testing a data
series, it can be done with these other more complex platforms, such
as MatLab or EViews, which are econometric software, so this is
where you do your testing work. You analyze data series and then,
based on this analysis, you come up with a code that you can write in
the EasyLanguage.
Also, if you are using TradeStation, it’s a very good idea to have some
other software for a portfolio approach and some other statistical
ratios of your system portfolio. And if you are really into the portfolio
thing and testing system, then you can use special software such as
Market System Analyzer that does a lot of good work as far as stress
testing and some other statistical properties of the portfolio systems.
Sometimes developers use their own platforms that use codes written
in different programming languages such as C Sharp or C++, and we
can usually use those software for order generation and order
execution too, but the standard is TradeStation, as I mentioned
before.

Page 1 of 1

(c) 2017 BetterTraderAcademy.com / Distribution without author´s approval is not permitted.

TRADING INVOLVES A SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS,
PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS

You might also like