Brian,
I used Tradestation 2000i from inception to a few months ago. I
switched to Multicharts. It has backtesting but I am a discretionary
trader so I haven't even tried a system on it. Multicharts is very
much like Tradestation except for the bugs they never fixed on TS2ki.
I switched to MC and was trading in five hours from when I paid them
for a copy. It is not a complete program yet but they keep adding
things. It only lacks pretty minor things right now. Sorry about my
ignorance on the backtesting.
Some of the things I like.
1. handles volume correctly.
2. will build volume bar charts.
3. works really well with two or more symbols on a chart.
4. Has data on demand and can use the Global server if you want.
5. Can run multiple instances of itself. I'm running Vista business
32 bit version with dual Intel quad processors and with 12 gigs of
memory right now. Each instance of MC will use just over 2 gig of
memory max and the load is split between the eight processors.
6. Support is terrific.
7. You can import your Tsk2i systems or indicators and MC will convert
them to dlls. The MC code is very much like Ts2ki. If I don't have
problems with it anyone can use it.
I'm sure there is more but hey best of all it runs well.
I'm now running it on a second machine with 4 gigs and Vista. Works
great.
Jimmy
No connection to Multicharts or TSSupport.
I appreciate the suggestions everyone provided. In searching around I also
came across neoticker and ninja trader. They seem to have intraday
capabilities too. Anyone have any opinions of them?
-----Original Message-----
From: Nigel Bahadur [mailto:nbahadur@xxxxxxxxxxxxxxxx]
Sent: Friday, September 05, 2008 8:57 AM
To: omega-list@xxxxxxxxxx
Subject: RE: best testing software for intraday trading?
Brian:
@ 249.00 for a perpetual license to the software, AMIBROKER should probably
be on your short list. It's a great package for the price. However, it
comes with the following flaws:
- Unlike tradestation 8.x, You need to provide your own data and do your own
data management. It supports most of the major vendor data feeds.
- The language, while extremely powerful, is poorly documented. Expect to
spend a lot of time wading through examples posted on yahoo message boards
in order to do anything sophisticated. Emails to the developer though have
been answered within 24 hours. I have to say this - the language and it's
capabilities are head and shoulders above TS. It includes everything TS
includes plus support for portfolios, absolute control on the display etc
etc.
- There is no auto-execution capability.
On the plus side, the price includes the next 5 versions or so. There is
also a free trial for as long as you want - you can test everything you want
but when you exit it doesn't save the data into the database. At $249.00,
its hard to believe you get so much.
That being said, I still end up using TS because I have so much invested in
the code and I need it for autoexecution. If TS dried up and blew away,
AMIBROKER would be my software of choice.
- Nigel
____________________________________________________________________________
The real glory is being knocked to your knees and then coming back. - Vince
Lombardi.
-----Original Message-----
From: Adrian Pitt [mailto:apitt@xxxxxxxxxxxxx]
Sent: Thursday, September 04, 2008 10:21 AM
To: 'Chris Evans'; 'Brian_Meehan'
Cc: 'Omega List'
Subject: RE: best testing software for intraday trading?
I have little doubt Trade Navigator is a quantum cheaper than PowerST. The
developer there would rarely tell you anything, and certainly not the price,
except privately. Other programs you can look at are:
Wealth-Lab
Amibroker
MetaTrader
Muli-Charts (FX only I believe)
Trading Blox (not sure if this does intraday)
SmartQuant
-----Original Message-----
From: Chris Evans [mailto:evanscje@xxxxxxxxxxxxx]
Sent: Friday, 5 September 2008 1:03 AM
To: 'Brian_Meehan'
Cc: Omega List
Subject: RE: best testing software for intraday trading?
I have looked at a few packages (am a current user of TS 8.X) and one that
stands out is Genesis Platinum
http://www.genesisft.com/Products/TradeNavigator/Platform/platinum.asp - the
coding language looks reasonable and the built in functionality is very
advanced . I don't own it so I can't entirely endorse it .. it's not cheap.
-----Original Message-----
From: Brian_Meehan [mailto:dbmeehan@xxxxxxxxxxxxxxx]
Sent: Thursday, September 04, 2008 6:57 AM
To: 'Omega List'
Subject: best testing software for intraday trading?
I'm sure this has probably been answered before but anyone have any thoughts
as to what they feel is the best software for testing intraday trading
systems? i have used powerst for daily systems and am very happy with but
would like to begin testing at a higher frequency. Thanks - brian