Stock Trading Software Reviews

The worst and best in stock trading software

Jun
20

Open Quant Review

Posted by DeMerchant

Since its conception in 1997, Open Quant trading framework is now being used by leading financial organizations around the world.  Open Quant is an Automated Trading System (ATS) Development Platform created under the Smart Quant financial data analysis and trading structure.  It strives to provide traders with an industrial tool strategy needed in trading with a viable profit in mind.  It features an upgrade path of its software program available from its website, real strategy software languages with no scripting, runs on compiled code that provides its users with high possible portfolio performance level system, multiple currency accounting and simulations, and hosts of other features.

Open Quant trading platform requires a tool such as Mat lab when doing a quantitative data analysis.  Developing your historical data would require 80% of your time but this would give you an analytical access to your market data.  A decision to whether re-adjust your portfolio at the end of the trading day would depend on your tracing loss and position closing orders in order to avoid risks.  Open Quant included in the framework all the blocks needed to build a trading a system.  Its macro script editor is made for quick prototyping.  A whole user front-end was included in the system. Once the macro editor begin running, you are automatically connected in a market data warehouse, where you can test your strategy anytime of the day.  This is truly a gem for stock market traders.

Open Quant’s simulated data feed can be carried on a virtual trade situation.  A historical tick data can be played back to imitate a real time market data feed.  This simulation will help you avoid risk of losses as this is tested prior to actual collection of executed portfolio orders thereby enhancing performance of one’s trading strategy.  This saves time as you only need to put your required blocks in the trading system as all standard blocks are already included.  Indeed a time saving tool for stock traders.

Prototyping is made quickly as all the things you need in your analysis are already incorporated in the system.  There is no need to worry about designing and testing new trading strategies.  Open Quant eliminates the factors that block analysis and trading.  The Implementation Wizard of the program will help you focus on making profit as your trading ideas will always be included in the system using this wizard. Whether Open Quant is a gem found in this cut throat competing software world is for you to know and to find out.  All you have to do is go to their website and register and take advantage of their 30-day evaluation period of this software program and there you would see if this really is another Open Quant review worth your time, money and effort.  As they say, a good software provider would always allow their products to be tested for free – that is when you know if they mean serious business. Make sure to read varios reviews in order to know more about the software.

May
09

StormTracker Review

Posted by DeMerchant

Simply put, Stormchaser Technologies’ Stormtracker is considered as an above average automated trading software   that can decently deliver a good performance to experienced traders and dealers. The platform offers an  industry standard stock scanner that can watch out for multiple symbols in real time, several features for back testing, and an impressive execution platform that automatically feeds from scanner. Reliability wise, the people behind the software made sure to come up with a product that can let users practice their investing prowess comprehensive and independently.

Among the good points of Stormtracker lie on is its transparency. The software does not promise users to have improved trading performance in the market as conveniently as that, but it guarantees tools that can organize personal trading systems efficiently. The scanner, for one, provides an acceptable number of analytics to configure. Users basically can experiment on their buying, selling, and holding decisions by changing factors such as time frames and complex market situations. Not many software priced at the same range can deliver as many as about 100 studies to configure and play with.

Determined to prepare investors in making the wisest trading decisions, Stormtracker maintains a focus on historical back testing, an activity that some brands call investing practice. Compared to its fellow software however, Stormtracker is set in an environment that seems to always remind users to think critically and avoid messing up in spite of the awareness that everything is just a simulation. The software’s capability to instantly apply the mock trading system to a real-time trading platform perhaps is one of the pressing reasons why this is the case. Anyhow, the quality of Stormtracker’s back testing platform is good enough—it generates reports promptly, allows users to compare their trading examinations, and is capable of holding several frames simultaneously. The success of a software production most of the time relies on the alliance that the manufacturer established with several industry partners. Stormchaser Technologies knows how to play the game. In comparison to other brands, Stormtracker is highly compatible to the key players of the market. Supporting its quote feeds are the likes of Realtick and IQFeed, while enabling adaptability in its platform are leading online stock enterprises Interactive Brokers, TerraNova, and EchoTrade.

A Stormtracker review will tell you that the creators designed the software for technology savvy and experienced dealers and traders. Addressing problems in troubleshooting is a comprehensive FAQ section in their website. The problem, however, is that some questions on special cases are not answered by the site. Not a few prospective buyers are pissed off with the quality of Stormchaser’s customer service assistance, especially in regards with pre-sale product inquiries. The company does not offer a hotline number and instead ask present users to contact a customer support through email. In other words, the guys up there are geeky and snobbish— characteristics quite justifiable for an intelligent company seeking the attention only of intelligent buyers who know how to read. Investors and traders can survive and succeed in the market without software such as Stormtracker. In today’s fast paced trading environment, however, people need to automate their trading decisions, if not perform a back test in these decisions. Performance wise, the software deserves a high rating, especially in its user-friendly interface and documentation. Asking for an initial investment without trying hard to up-sell, the product appropriately speaks for the tag price it bears.

Mar
20

Nirvana Systems Releases VisualTrader 4.0

Posted by DeMerchant

Nirvana Systems releases VisualTrader 4.0, trading software providing leading information on movement of stocks and futures through an innovative 3D display.

Inventor Ed Downs says VisualTrader (introduced in 2002) is “a simple, powerful view of the market, providing distinct trading advantages.” “VisualTrader displays the entire market with moving, 3D cylinders, rendered above and below a surface, arranged on plates representing industry groups. As stocks or groups turn or break out, changes appear in the dynamic display. Relative movement between groups is clear – delivering a separate trading advantage.” Continue reading “Nirvana Systems Releases VisualTrader 4.0” »