Supriya Ghosh (Editor)

TradersStudio

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Developer(s)
  
TradersStudio Inc.

License
  
Proprietary

Operating system
  
Microsoft Windows

Website
  
www.tradersstudio.com

Stable release
  
Professional / June 21, 2010 (2010-06-21)

Type
  
Technical analysis software

TradersStudio is an EOD trading software and a technical analysis software used for analyzing and trading the financial markets. It is a Windows-based application.

Contents

Its Core Concept is that it has two layers, (a) Session Layer, which is “a (one) system and a set of parameters on one or more markets” and (b) Trade Plan Layer, which allows multiple sessions to run one bar at a time and pass information between them using a type of Object based programming method, (just like Excel). Moreover, Sessions run one market at a time.

The Company

Murray A. Ruggiero, Jr. is the Vice President of R&D for TradersStudio Inc. He has authored many articles and books namely:

  • Traders' secrets
  • Cybernetic Trading Strategies

    • The company has been started by real life traders who have used the experience of trading to develop a software catering to the needs of the trading.

    Features

    Its features are as follows:

  • An EOD (End of Day) product which supports intraday testing down to one-minute bars.
  • Supports Backtesting using daily Forex data and Intra-day data
  • Supports Walk Forward Optimization and analysis which can generate trading signals for tomorrow.
  • Optimization at the Money Management level
  • Multi-data handling: Handle data from various sources, by which we can assign groups and sectors to data added to the program
  • Develop and backtest Forex trading systems. Includes “automatic currency rate”, wherein one can trade Forex in any currency besides dollars.
  • Global Macro language
  • Variety of reports and charts for multiple or individual markets.
  • Quick Charts where you can chart any series of market even those that are in different asset classes.
  • Real World Equity Trading using split-adjusted data
  • Migration Tool helps in conversion of TradeStation code (EasyLanguage) into TradersStudio code (TradersStudio Basic).
  • Provides a Drag and Drop Programming Wizardfor users who do not know much programming. You can create programs by filling templates via the drag and drop features.
  • To do programming in TradersStudio, you need to have basic knowledge of Visual Basic, EasyLanguage or Microsoft Excel VBA
  • The language of TradersStudio, TradersStudio Basic and if you have a basic knowledge of Microsoft Excel VBA you can pick it up soon.

    • Version

    In terms of stable release, the product has been shipping since September 2004. The previous version was 2.5 EOD and the latest version is a Professional one with enhanced features and many more functions. They have also provided a free Demo of their software.

    References

    TradersStudio Wikipedia
    (Text) CC BY-SA