TradersStudio 2.5 EOD
Trading Platform Suite
TradersStudio® 2.5 Suite is a major upgrade you can completely program as well as optimize your money management, True Forex support, True Walk Forward Optimization and the most advanced realistic Equity Analysis available.
TradersStudio 2.5 trading platform suite has a very rich Programming Language, which is a cross between VB for applications, Microsoft® Excel and TradeStation® EasyLanguage. In addition, remember you can Migrate existing TradeStation systems into TradersStudio, 95% of the time with just a few mouse clicks. Our TradeStation migration tool is one of our most popular features because it allows TradeStation users to take existing TradeStation Systems and functions and use them in TradersStudio without reprogramming them. TradeStation 8.X has changed some of the language, for example Sell no longer means Sell, it means exitlong. Because of this TradersStudio have two different translators, one for 4.0 and 2000i and another for 8.X.
If you are not a programmer don't worry! TradersStudio’s Programming Wizard Addin ships to new TradersStudio customers and allows programming of Systems, Indicators, Tradeplans, Macros and even Custom Reports using Drag and Drop with a few mouse clicks. Without writing any code. You simply drop a Template Block in and then fill in the blanks. In addition, you can even develop your own template blocks for code you want to share with a friend or for trading methods you use often and would what available from the wizard. TradersStudio will also offer Template Block addin packages to add to the base suite which come with TradersStudio. Now you can test for example, Buying S&P500 on a Monday when bonds are above there moving average and exiting at the first profitable opening with just a few mouse clicks.
In addition, Intra-day Backtesting and Money Management simulations are supported. You can also optimize across a portfolio and then with a mouse clicks analyze the systems performance on a market-by-market basis. You can write and control your own Special Custom Reports and Custom Charts.
Greatly Enhanced Data Handling
TradersStudio’s data handing has been greatly enhanced. First of all TradersStudio now supports assigning groups and sectors to the data added to the program. For example, when you add the S&P500 stocks to TradersStudio you can also add the industry groups for each stock. These groups can be used to help create portfolios and sessions as well as be accessed by systems and trading plans. This greatly enhances the power and possibilities of money management and sector analysis. Another great advance is the ability to import the data universe settings automatically using a datauniverse file.
This is only the start of the new data management features.
TradersStudio now also supports custom data fields for ASC files, you now can support beyond the standard, date,time,open,high,low,close,V,OI and add fields produced by screens or fundamental information. These fields are fully accessible from TradersStudio® Basic™. Another new feature is that data can be added to sessions, and new quick charts using drag and drop.
Optimization of Trade Plans
TradersStudio 2.0 allowed optimization at the Session level but there was no way to optimize money management in a trade plan. We heard our customer’s requests and added this for TradersStudio version 2.5. You now can optimize a trade plan. This opens up many new possibilities. You can optimize a trade plan on factors like MAR, Sharpe Ratio as well as create your own custom optimization criteria
Forex Support
TradersStudio has realistic Forex support unlike other famous backtesting platforms. We have support to set account leverage and have margin for money management based on this account leverage. In addition, TradersStudio also calculates the interest rate cost to carry for overnight Forex trades, which has been overlooked by other platforms and is required for realistic testing. TradersStudio also allows you to set both slippage and spreads in Forex backtesting and also supports special reports, which give results both in dollars and pips.
The Global Macro Language which automates your analysis, for example, you can write a macro to run 10 different systems and print active orders or change the markets you are trading based on your results. You have total control of the program from the global macro language.
All New Super Stock Analysis
TradersStudio stock analysis is revolutionary. If you use CSI® stock data, TradersStudio gives you the most realistic stock analysis ever produced in a backtesting platform. TradersStudio stock mechanism links, split adjusted, unadjusted and dividend adjusted data and produces correct actual dollar profits as well as percent returns. The Trade-by-Trade shows both split adjusted entries, exits and entries and exits based on actual stock prices. You can also see if splits and dividends occurred during a given trade and how much the dividends affected the trades. Also it produces a split and dividend reports, which shows all of the splits and dividend dates and amounts for all stocks in the portfolio. Many data vendor’s charge $1000’s for this type of information but TradersStudio can extract if from its historical data because of its revolutionary Processing.
There also is a special Money Management feature for Stock traders including, working with margin accounts and the ability to screen which stocks to trade. You can for example, filter out all trades with a relative strength less than 80.
Quick Charts
Quick Charts is new and exciting feature to TradersStudio. TradersStudio sessions have always let you chart the markets you are running a backtest on. In addition, you can only chart markets in your session, which means only the same type as your session, for the primary market you are charting, the main data series. Because of these limitations many of our users asked for charts, which could be created without requiring a session and system. We call this feature Quick Charts.
Color Reports
Color report is a lot like systems. They are run across the portfolio but instead of generating buy sell signals it color the cells and adds text to them.
This is running a Color Report script called ColorReportTest; this evaluates trends on three timeframes based on, if price is above or below the moving average. It will sell if we are below for that timeframe and Buy if we are above. It also paints the cells green for above and red for below. You also see a chart button, which will open up or move to the top of the market represented by the row in the portfolio. Color reports as you can see work on a portfolio basis. The default is to run them for the last bar of the data. This feature allows you to write a stock or commodity screener and is also a good tool for discretionary traders to move towards system trading. In addition, you can also make a Color Report run for a given date to see how the trend changed over time. This is a very powerful feature.
You don't have to compromise on Charting TradersStudio has many different types of charts in which you would expect to see in a higher end-charting program.
There are many built in Indicators, Custom Indicators with up to 99 plots. With many advanced features like, Trading Advisors which are like Expert Commentary, Color Bars, Mark Bars, Drawing Tools like Trend Lines, Fibonacci Retracement and much more.