Sunday, May 21, 2023

Tradestation: Workspace


I am thrilled with my TradeStation desktop setup!
💻📈 Advanced charting tools, lightning-fast order execution, and a personalized workspace for conquering the futures market. Ready to trade with precision and confidence! 🚀 #TradeStation #TradingTools #FuturesTrader @QuantScraper

I have been using Tradestation for many years now. It has a user friendly environment. The programming language (EasyLanguage) is quite simple to learn. Some advantages of TradeStation desktop setup:

  1. TradeStation's desktop platform offers robust charting capabilities with numerous technical indicators, drawing tools, and analytical features. Traders can perform in-depth market analysis.

  2. The platform allows you to customize your workspace according to your preferences, including layout, colors, and tool placement, enabling you to create a personalized environment.

  3. TradeStation supports automated trading through its proprietary EasyLanguage programming language. You can develop and implement complex trading strategies, backtest them using historical data, and execute trades automatically.

  4. It provides fast and reliable order execution, ensuring that trades are executed swiftly to suit your specific trading strategies.

  5. TradeStation offers access to extensive market data, including real-time quotes, historical data, and market depth information. This wealth of data empowers you to make trading decisions based on up-to-date information.

At QuantScraper we have developed our own tool in Python to backtest strategies at daily and intraday level. We are continuing to work on our sw because it is perfectly customized for our own needs. It can work with any type of data (including alternative data)nand it fits with our trading style. However, I like Tradestation because it is quite reliable, it has decent fees, you have great access to market data (for us mainly futures), it has a nice programming language, you can manage portfolios or scan the market according to specific filters or indicators.


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