Share Trading Software (In General)

[chemist]

Re: Share Trading Software (In General).

David,
Most of the listed software is not share "trading" software, but rather technical analysis software. In other words, it helps you analyse price charts using your own knowledge (learnt elsewhere) but doesn't automatically generate trades for you (unless you do a lot of work first to design your own mechanical trading system).

So most of that software won't do anything for you at all unless you've already studied up on technical analysis.

Wayne

And studying up wont help you because technical analysis, at least all that point figure japanese candlestick on my head and shoulders sticking out my ****, is bull****.

Try learning some real modelling techniques, if you're up to it.

cheers,
chemist.

 

[tech/a]

Try learning some real modelling techniques, if you're up to it.

And what would you use to compile analyse them a pen and paper?

 

[Bobby]

Re: Share Trading Software (In General).

And studying up wont help you because technical analysis, at least all that point figure japanese candlestick on my head and shoulders sticking out my ****, is bull****.

Try learning some real modelling techniques, if you're up to it.

cheers,
chemist.

Hello Chemist,

Tell me more about your real modelling techniques, I'm up for it !

Bob.

 

[rub92me]

rub92me

Also
I think it is asking too much to expect a money back guarantee on a trading system AND a refund on trading losses. Imagine the arguments!

regards
Steve

?? Surely, if it would actually work, there wouldn't be any arguments. Unless you're assuming I can't follow the instructions? My point is, if these trading systems can't be proven to be any better than you or I doing our best, why pay thousands of dollars for it?

 

[StockyBailx]

Ah does anyone know what this joker is on about? Perhaps he should return to sharescene/hotcopper/ozestock where he belongs?

Why what the hell are you on about, just that one little sticker from you, then ya vanished, No context to the subject. Personally I think you may have been fingering yourself when you did it. and from now on I might refer to you as Crapston from wopwop. :swear:

Anyway strearing away from Crapston the little pionter sister!

I need to know what part of my post, Professor Fink didn't understand? the top or the bottom, don't get me wrong, I wouldn't go back on my word and its good see you guys talking up software, stradagies, and systems. May be its all in the technique you use. May be the chemist could help Professor Fink with his inquiry. Running of Great Pigs (Quote)and Tech/a's interishion, I must agree that paper trading is the answer to a suggestful system or stradagy. Basing your means and stradagy to paper enables you to access the market and find its strongest commonities etc.
But theres more to technical analyis than charting head and sholders above everyone else. Find your self a system that can find stocks based on a monthly/yearly Profit Compound, Market Capital?, Yielding dividend, P/E Ratio, Profitable trades, 52/32 week high lows. Analyse those componants to its greatest profit test and I think you may have a winner aspecially if the bulls are running!
Or maybe I'm just being nyeve. And I want to know why its not possible to create a system that can pin piont were the stock is likly to be in # months. Call it what you like,-Forsee, prediction, cheating, lossing whatever. I say thats its more than possible. Profiding you don't like standing in Bull$h#*^!

How ya like them apples Crapston!

Stock'ie'Bailz

-----A Penny a day keeps the doctor away-----

 

[WesleyTrader]

Re: Share Trading Software (In General).

I agree with you, Amibroker is Good for share Trading
I have been Using it for Years now

David,

I'll like to back up what tech just said re: Amibroker, I'm using it and am very impressed. It's good to use and has excellent back testing capabilities (I'm playing around with variations of the Amibroker coded version of techtrader at the moment). As comparision I've tried the demo versions of Incredible Charts and also Fcharts and I used the full (paid) version of Ezycharts for several years.

regards,

Rod.

 

[georgebell]

Definately a can of worms, I have held a Multi Charts license for over 5 years. It's amazing to compare the first iterations (ver 1.9 for me) to today's 7.4 and 64-bit 8.beta. It has been a pleasure to be part of this substantial acceleration. There were undoubtedly bumps and hassles in the very early years, but is that really uncommon? It has matured into a very stable/robust state. As an American trained engineer in a previous life, the one thing I truly admire about the Russian counterpart is their ability to cut to the chase and get it done in as few relevant steps as possible. It is of little surprise Wall St draws heavily from talent in this region to develop their custom execution/coalesce platforms. MC developers (SW Russia) are sharp and understand the term hustle. You'll be hard-pressed to find faster turn-around times at retail level. I'm frequently tinkering with new software/broker api's. Over the years, I simply have never been out of click's reach from MC for charting & partial backtest research.
Alongside MC, use Matlab/Scypi for more involved analysis/brain-storming, IB execution & API, TT x_trader pro rt data & execution (just switched over from CQG Trader), MarketDelta MP, and IQFeed rt data. Trade us/euro index & currency futures.

Currently run MC 7.4 on Win Pro 7 64-bit w/o issue. Since MC is efficiently multi-threaded, it rockets on a dual xeon e5645@3.5g/evga sr-2/Intel 510 SSD to say the least. You will be quite satisfied using chips such as Intel 3930k/2600k if you plan to heavily test. I'm open to an ESL Close of Market option but like most soft, I always wait at least a month to adopt the latest full-release. Very much looking forward to 8.x 64-bit final.

Wholeheartedly recommend.

 

[ishakeel]

Has anyone used vectorvest?

 

[lealeighton]

Hi Guys!

Lea here and I'm a newbie. Can you guys recommend more about financial softwares?

Thanks,
Lea

 

[lealeighton]

Re: Share Trading Software (In General).

Nice recommendation. I'll try this and give you guys feedback. Thanks

David.

Seems your looking for software that has the ability to select your trades.
All you need to do is place the trade and do as the software says,Buy Hold Or Sell.
Your asking for something distinctly different to that which "Shares" Magazine lists

This is known as a BLACK BOX where you make some of the decision yourself its known as a GREY BOX.
With a Black Box you have absolutley no idea how or why the software selects a trade or rejects it.Nor do you know why it holds it or sells it.

As WAYNE has pointed out these BOXES will use technical analysis to "Find" the trade Prospects and select from programmed criteria what you should do.

As a Designer,Developer and trader of Mechanical trading methods I have spent a few enjoyable hrs at presentations of BLACK BOX software.
Im the guy the sales spruker hates!!

Most sit gummly and watch the presentation of various charts with Oscillators/Moving averages,Fibonacci Levels---Parrot droppings and or some smudged lipstick---in total AW!!

Ive seem whole rooms Bug Eyed singing Praise the Lord the holy grail is found!

They have absolutely no idea what they were looking at their desire to push a button to riches turned normal rational men and women into moronic sheep.

Normally in question time you should as I do ask!
(1) What is the methods positive expectancy?
(2) What is its normalised expected $return.
(3) What is the test period and on which markets (Is it specific to a market).
(4) What is its historical longest string of losses.
(5) What is its historical initial Drawdown.
(6) What is its Maximum Peak to Valley Drawdown.
(7) Do I have to take EVERY TRADE?

Finally. CAN YOU GUARENTEE I WILL BE CONSISTANTLY PROFITABLE following the software.
If Im not and I supply you my brokers trading account WILL YOU REFUND MY MONEY

Ahh the look of joy in the sprukers eyes just warms the heart!

Ok there are a few fully disclosed methods.
3 I know of.

One of Mine TechTrader which is a method traded live on the net for the last 2.5 years and has returned 430% on money invested in that time (Its a Margin Lending Method) You will need Software to Run it and that of "Steves" method.
There are over 300 pages of its developement and explaination all posted on the forum I frequent and desighned it on. I have a Disk with Most of it on If you would like a copy FREE Ill send you one by Snail Mail rwi@chaiot.com.au address it TechTreder disk.

Don who posts here (Rosella) who has been trading it on the same site for the last 6 mths and has just reported a 50% return in that time.Its a Dividened trading method.

Steve
Who designed Steves Weekly Trading method and although not traded on the net I have tested the method and it is profitable---infact I developed a Weekly Method fror myself based around Steves.Youll find info on that with a seach in REEFCAP.

If anyone knows any others Id love to look at them.

Now to Stage 2

Youll need Software (analysis tools) and a Data Provider.These are "Some" of the suggestions in Shares.Infact there is only one I used(As a tester during developement) and that is BULLCHARTS.Which is realtime software which has some tremendous Features but limitations also.

Best Value Software in my veiw is AMIBROKER I dont use it but know many who do.Its Cheap (around $200) Many use it so you can get lots of support--the developer is always upgrading--blah blah.Will do MORE than you want and take (Like all software) a few Years to learn to Drive Proficiently..
Other have coded Techtrader for Amibroker and Ive heard a few other codes have been designed for Tradestation.

What do I use.
Metastock (around $900) But V7.2 as the later versions 8 and 9 are full of Bugs and like a truch to drive.You could by a version from Ebay at around $200.I use it cause thats what Ive used for 10 yrs and does all I want.

TRADESIM is linked to METASTOCK for systems developement and is in my mind arguably the best software on the market for this sort of work.Its dexterity is awsome.Has Montecarlo Analysis which is a must in my veiw.
$1500 last I heard.

MARKETCAST Live SBS feed ticker and software on my desk at the office.
One of the best live feed platforms I have seen Tick charts to 1,2,5,10,min etc Charts.Rudimentary charting package.Although I dont need it as I trade longterm an mechanically its a luxury I indulge in.
$390 setup I think it was and $148 a mth.

BULLCHARTS is the best platform from a technical and a Fundamental perspective,just awsome but no system design and test capability.If your short term discretionary tick chart trader this IS for you.Includes data feed
$890 and around $150/mth for feed.

DATAFEED.
BODHI (Just Data) stand alone in my veiw I have 7 feeds of EOD data for ASX NYSE,FTSE,PARIS,KUALA LUMPA,DAX,SINGAPORE.
ONE OF FEE for Life ($695).

The links.
Youll find all of them here.

http://lightning.he.net/cgi-bin/sui...w+My+Trade&number=8&DaysPrune=1000&LastLogin=

So we will see you in a few years when youve finished reading and another few when your off your "L" plates.

ENJOY.

 

[cheapskate]

Can someone recommend a really good trading platform

Hello,

I've been trading for the past year, after not having traded for several years. I'm currently using the normal CommSec platform, however, since I've been upping my trading, I've decided to look into trading platforms/systems. I trade shares and derivatives (Options) and occasionally, CFD's. I realise that there are quite a few trading platforms and this is why I am kindly seeking some feedback/information.

I am looking into systems that enable me to have my charts, watchlist(s), streaming news, live price quotes etc to be on my screen. I am happy to pay for these services, as long as they offer what I require. I am aware of CommSec Iress, but don't really know much about it and/or the intricacies of what it offers.

I appreciate any information/response.

Thanks in advance,

Dan

 

[pixel]

Re: Can someone recommend a really good trading platform

Hello,

I've been trading for the past year, after not having traded for several years. I'm currently using the normal CommSec platform, however, since I've been upping my trading, I've decided to look into trading platforms/systems. I trade shares and derivatives (Options) and occasionally, CFD's. I realise that there are quite a few trading platforms and this is why I am kindly seeking some feedback/information.

I am looking into systems that enable me to have my charts, watchlist(s), streaming news, live price quotes etc to be on my screen. I am happy to pay for these services, as long as they offer what I require. I am aware of CommSec Iress, but don't really know much about it and/or the intricacies of what it offers.

I appreciate any information/response.

Thanks in advance,

Dan

Hi Dan,

If you use this Forum's "Advanced Search" function (upper right corner) for the word "software", you will find heaps of answers and suggestions.
One resulting thread is https://www.aussiestockforums.com/forums/showthread.php?t=27836
or try this one: https://www.aussiestockforums.com/forums/showthread.php?t=719&highlight=software
In a moment, I'll merge your question into one of the existing threads - to keep things simple.

 

[dead trader]

Found another charting platform

Hey ASF users!

Found another charting platform over at www.money.net

It's a free 7 day trial, then $1 per week for the first 4 weeks, then it's $50 per month thereafter.

I fired it up for the first time today and it's a bit slow, but that might just be my slow internet connection.

I found this one after trying to find a similar program to The Bourse, I really wish they hadn't changed everything to version 7. There was nothing wrong with version 6.

PS: Moved to existing thread.