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RightEdge Review
With trading system products being around the market for many years, there are some original products that have come a long way. One of which is RightEdge. If you’re unsure whether it is the right program for you, you can read on for a RightEdge review that can help you decide. It is a stock trading software program that allows you to execute your stock strategies right.
RightEdge’s idea-to-execution design just gives you more power in your hands. Its abilities are well disguised behind its simple and easy-to-use interface. Currently, it features advanced charting, and full libraries of technical indicators. Also, it has a pluggable architecture that allows its users to customize the software. Its flexibility allows it to adapt the way you do your work. It makes it possible for you to create trading systems in C#, and even in Visual Basic. No worries though for the non-programmers – this system also allows you to do drag and drop of objects for your program. You can then back test the system so you can have a good view of its profitability and allows you to make some changes for full optimization. The best part is, you can easily connect to your broker and execute the program in live mode so it will feel like a fully-automated and real-time trading.
Despite the fact that most software has shortcomings, this is where you can benefit the most from RightEdge. It uses real and compiled languages to build your trading system such as Visual Basic.NET and C#. Unlike most platforms that use proprietary languages to build a system, you won’t be forced to study a new programming language that you’re not comfortable using. Also, you can opt to build your system in a real developing environment and later on, bring your code back into the RightEdge program for full testing and execution. With its easy access to data, your bar or tick data is not stored on any pre-defined format. You can have full control over your data and how you want it to be stored. Whether you want it to be in a high performance binary data store or in an MS Access database, it wouldn’t matter. It also features a great flexibility for your query language and you will be able to export these data to any format you like.
It is also broker independent, and data independent so you wouldn’t have to worry about rebuilding your system should the time comes for you to switch tool sets and infrastructure. Keep in mind though that your data provider and broker fees are charged separately. If you’re concerned about the security of your data, RightEdge can handle that for you. It has a compiled library that is compatible with commercial grade obfuscators, so you wouldn’t have to worry about keeping your blueprints and data safe. Its implementation is also completely service independent. You don’t have to conform to any of your broker’s rules just to get access to this trading platform.
Quick Feature Overview:
ü Elegant and easy to use Graphical User Interface
ü Has built-in indicator technical libraries including Bollinger Bands, Stochastics, etc.
ü Get historical data from Yahoo, Google, or MSN Moneycentral
ü With built-in risk evaluators
ü Dockable and floatable windows for easier viewing