ARTICLE SYNOPSIS ...When you come up with a new trading idea, you can develop it into a strategy. Then you backtest it and try to optimize it for the best variables and parameters. How do you go about doing that, and how do you get the best financial outcome from this process? Here, we'll cover how to optimize a strategy and how to evaluate the potential profitability of it...
ARTICLE SYNOPSIS ...The idea of making money from the stock market is what attracts us to the markets. But what does it really take? Here's a realistic look...
ARTICLE SYNOPSIS ...Most analysis software operates by plotting only current and historical prices. Indicators are calculated and plotted based on those same prices. VantagePoint is different in that it was designed to tell you tomorrow's expected high and low...
ARTICLE SYNOPSIS ...TradeShark is a predictive trading tool from Market Technologies....
ARTICLE SYNOPSIS ...In Part 1 of this series on system design software, we looked at AmiBroker and Adaptrade. Here in Part 2, weÕll look at two more products, eSignal and Trade Navigator....
ARTICLE SYNOPSIS ...In this first part of an occasional series, Harris takes a casual look at Adaptrade Builder and AmiBroker software....
ARTICLE SYNOPSIS ...To become a proficient trader you need to test and confirm your ideas before placing a trade. But how do you go about doing that? Here are the first steps you need to take when you're designing a trading system....
ARTICLE SYNOPSIS ...Last time, we covered the basics of what a system is, why you need one, and how to find one. This time, you will learn how to design and test a system, whether it is your own or someone else's....
ARTICLE SYNOPSIS ...I love to try out new software, especially trading software. I like to open the box and start pushing all the buttons to see what happens. If the software designers are really good, the program will be...
ARTICLE SYNOPSIS ...Is all data equal? If truth be told, I never gave it much thought. I have been using one vendor nearly exclusively for about 20 years. My fills are good enough. My closing prices seem to match what I see on television or find online. As long as the profits roll in, there has been no reason to question the data. But then I was told by another vendor that my vendor's data is off by just enough to generate a side income, through the slippage from actual price to the price I am presented. My curiosity was piqued, and so I decided to investigate. First, I set up a spreadsheet an...