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I read a number of your posts, and I think you are very well on the target
of the needs. But then, as usual, you tend to forget the difference between
the reality for Tradestation owners and the very very very few selected
resellers that have available the secret APIs.
What you say we need is what Tradestation _COULD_ have delivered. What is
already in Tradestation, but what is not made available to itīs customers or
to but a rare few of itīs resellers. The API that makes it a platform.
Tradestation does not make the platform API available. You have it and you
happily quote Tradestations capabilities seen from the view of having it.
But you do that into a list of traditional customers not having what you
quote, customers who will never get what you quote Tradestation to have.
Tradestation could have been made a COM server, but is intentionally
crippled so that you can not use it without user intervention so you can not
automate things using it as a COM server (for example opening a stock window
from an application and selecting ascii data and indicators to show in that
window). Or running chartscanner from another application, even though it
can be done since orsched does it, they have not published how to do it.
Tradestation could have been a forceful platform for DLLs b ut is
intentionally crippled so that you can not use it without user intervention
to automate things.
Tradestations main advantage is ELA. This is in itself so powerful that I
tend to stick to Tradestation. But had the API been released, then I bet
Tradestation would have become a platform used by many. This would have been
the perfect base for Omega to get all their products into big sales. As it
is now, although everybody loves ELA, when people get more and more advanced
in system development they tend to have to move into other bases in order to
develop and test their systems further. The need to make protfolio runs,
portfolio optimisations, portfolio sharpe calculations... All that could
have been done if the Tradestation platform interface was released but now
forces people to search other solutions and then at the same time to lose
the ELA.
> The future is clearly on automated trading system
> development. Believe me or not,I could now be satisfied with
> a simple trading paltform collecting quotes and allowing to
> call a DLL or use COM component to plugin our trading
> software that will buid, generate test and execute the
> trading systems.
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