Open an account with TradeStation trading software under the most favorable conditions in the Czech Republic and the Slovak Republic and keep these conditions for 12 months for free. In this article you will learn how to do it!
Among prestigious trading-oriented journals, TradeStation is regarded as the highest quality provider of long-term brokerage services in the field of mediating transactions in forex, commodity and equity markets. Its biggest advantage is a very sophisticated platform for operation of automated trading systems ( ATS ). These ATS are programmed in EasyLanguage program, which is a part of the package. Through a simple and intuitive settings any number of business systems can be run on any number of markets. Here are the major advantages and disadvantages of TradeStation over its competitors:
- Very accessible platform (if the trader executes more than 10 trades per month, the platform is free) .
- Platform also serves as a low-commission broker.
- EasyLanguage programming language. Very easy to learn, user friendly. A lot of materials in English and codes available on the Internet.
- It contains a large amount of historical data for intraday trading ( more than 10 years for the major stock indexes). For $ 20 a month you can have access to a large number of major U.S. equity indices. A very popular TF ( E – mini Russell 2000), however, it is necessary to pay more – now $ 75
- Extensive discussion forum where you can find lots of tips and advice. High-quality on- line support.
- Contains the complete package – the possibilities of live trading via automated strategies (fast setting) to market some of the lowest commissions reliability.
- Sophisticated tools for robustness testing – a structured overview of performance parameters (Performance Summary), possibility of classical and genetic optimization , sophisticated in-sample and out-of-sample tests – walk forward analysis and walk forward reoptimization.
- Ability to export data for further analysis in Excel both manually and also by using EasyLanguage functions.
- It uses only one core optimization. Nowadays, the absence of multi-core processors is a clear deficiency.
- Very limited testing on a portfolio of stocks or commodities. For a considerable monthly fee of about $60 you can use the portfolio backtester. With a bit of playfulness,however, the problem is largely solved using the basic version of Tradestation and good function in EasyLanguage and application data in Excel.
- Basic version does not display 3D optimization charts.
- If you want to test a strategy for positional trading in commodities and equity portfolio at 30 years of data and more, you need to pay extra fee for very large data. The basic historical data offered for most commodities and shares date back 10 years only.
- Cannot be connected to any other broker. On the other hand, Tradestation itself provides a high-quality service in terms of executions and commissions.
Very professional software platform that allows:
- easy-to-use operation
- easy programming of technical analysis – from the simplest analyses to programming and application of custom indicators
- easy way programming
- excellent optimization tests
- tests of robustness (in- sample and out -of -sample, Cluster Walk Forward Analysis)
- virtual and live trading
- EasyLanguage function to export data to Excel.
In other words, with this program you will be able to tradelike professionals. In my opinion, it is currently the best product for automated trading available.