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Software Request

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 private private,

 Friday, December 4, 2015

I'm looking to see if anyone can recommend a top technical analysis program for institutional use.


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56 comments on article "Software Request"

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 Alex Krishtop, Consultant at Edgesense Solutions. Mentor at Algorithmic Traders Association

 Saturday, December 5, 2015



Microsoft Excel.


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 private private,

 Saturday, December 5, 2015



Thanks for your feedback


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 private private,

 Saturday, December 5, 2015



:) Excel is the best if you know how to work.. with


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 private private,

 Sunday, December 6, 2015



Microsoft Excel in the correct hands can get you amazing results


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 private private,

 Sunday, December 6, 2015



How does it handle the massive volume?


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 private private,

 Sunday, December 6, 2015



Every symbol traded in the U.S. I don't think it can handle what I need to do. I used to use First Alert that is no longer in existence.


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 private private,

 Sunday, December 6, 2015



If you are looking for an end of day solution (i.e. non-intra day) then Excel would satisfy your needs. I limited myself to 1,800 securities simply because that is my investment universe.


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 Paul Constantino, Bond Trader/Consultant

 Sunday, December 6, 2015



I would agree with others in the forum and use Excel, of course depending on your budget. I use Excel for my ETF corporate bond arbitrage trading strategy and look at thousands of securities and do real-time statistical analysis. Excel can readily do this though I also use an embedded Access DB to lighten the load which is very effective for my needs...


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 Ryan Kauffman, MBA, Team Lead at Northern Trust Corporation

 Sunday, December 6, 2015



Excel is the all in one tool you need. If you have someone that can write VBA code for you, Excel can do incredible things.


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 Matthias Schomber, Börsenhändler - Experte für automatisierte Handelssysteme - expert for automated trading systems

 Sunday, December 6, 2015



hi, i think the omega tradesstation is an expert tool to sort or analyze stocks in a good way.


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 William Schamp, President/Quantitative Analyst - Beacon Logic LLC

 Monday, December 7, 2015



@James - Are you looking for a tool to analyze systems or data or are you looking for systems to validate for use?


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 Anthony Cohen, Support Manager Asia Pacific at CQG, Inc.

 Monday, December 7, 2015



If you are looking for Technical Analysis, you need CQG, full stop...


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 (CLO) Mr. Byron N., Chief Leveraging Officer

 Tuesday, December 8, 2015



See if this will help: http://fx.click-here-for-more.info/


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 Dan Wynne MSCI MSTA, Project Manager, Regulatory Consultant at Shemesh Limited

 Tuesday, December 8, 2015



Updata would be my choice


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 Manuele Marini, Portfolio Manager at Temple Asset Management Ltd

 Tuesday, December 8, 2015



To identify the right program for you it is important to understand multiple others factors like: do you want a client/server solution in house or an external provider, do you need to integrate custom tools, do you need to automate reports, signals, etc ... I think to answer your question you have to start to identify more what you need for your institutional use.


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 Michael Smith, Senior Quantitative Developer at Sliced Investing

 Tuesday, December 8, 2015



I agree with Alex. A more specific set of use cases would be needed in order to provide James with applicable recommendations. Is it for just research, is it for research and trading, what time frames (tick, intraday, daily, etc), which types of securities (equities, futures, options, OTC). There are a myriad of solutions depending on the use case.


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 Oleg Kozlov, President at Mercurion Technologies, Inc.

 Tuesday, December 8, 2015



Trade Station is a popular choice. EasyLanguage can be used by non-programmers for quick trading idea prototyping and strategy backtesting, TS has excellent support, large user base, and provides historical data going back for many years. Another benefit is that it can be integrated with Excel and other 3rd party trading platforms via Windows DLLs.


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 private private,

 Tuesday, December 8, 2015



Alex you should tone down your rhetoric. You have NO IDEA about my experience, ability & knowledge of the markets & technical analysis software. My request was for equities & ootions & possibly later including futures. Somehow I'm confident that my circle of knowledge equals yours but thanks for the sarcasm & good luck to you. By the way, I may just have a little sense of the markets if you even took a minute to check on who I am and what I do. Happy holidays.


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 private private,

 Tuesday, December 8, 2015



Tick, intraday, daily, weekly, monthly. Long term up to 50 years of data if possible. Live trend lines, many screens, monitoring live exposure in multiple markets with positions on. Have played with Metastock & Tradestation years ago. The software I used is no longer available and was very complex, allowing custom filters with much more. It was First Alert.


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 Alexander Ponomarev, Quantitative Reseach - Olympia investments

 Wednesday, December 9, 2015



It all depends on the task. What is more important, the price, quality, reliability, security, speed, connectors (exchanges, markets), the number of instruments, number of employees, corporate policy. We use http://www.deltixlab.com/, trade station is good (but slow and poorly protected platform), the StockSharp is a good idea (but free), WEALTH-LAB is very fast (but poor in connectors). But the best way is make your program, it will work quickly and clearly.


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 private private,

 Wednesday, December 9, 2015



James, try APDE from Global Intelligence Corp


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 Michael Smith, Senior Quantitative Developer at Sliced Investing

 Wednesday, December 9, 2015



James Bernstein, are you looking for a product that is customized using scripts (like tradestation) or using an actual programming language (like deltix, quanthouse, open quant, etc). Personally I prefer using platforms which can be customized using an actual programming language (C++, C#, etc) because you have more flexibility. Most of the Institutional level software does not come with data so you will have to provide your own. I think a good compromise would be either QuantHouse (Institutional) or OpenQuant (Retail). OpenQuant will be easier for a non programmer to grasp, and you can import equity data via yahoo. QuantHouse has a high frequency dataset available via QuantFeed. I haven't used either of these products in a quite a while (6 or 7 years) but they were good options for easing into for Institutional level trading platforms.


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 private private,

 Wednesday, December 9, 2015



.. @Alex observations was correct .. James .. if you want to buy a "car" you must know ..what is the type/budget/size/color/engine..


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 John Putman II, Managing Member FX Analytics

 Wednesday, December 9, 2015



I've used Excel/VBA for years as a top end with c++, c#, sql and FIX bringing in the needed foundation. A good VBA programmer and a robust Workstation can keep Excel moving right along. Every 15 minutes I process 2.5 million calculations and the entire process from data grab, to calcs and report delivery takes about 15/20 seconds. Just short or tick trading it works pretty well.


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 John Putman II, Managing Member FX Analytics

 Wednesday, December 9, 2015



That should read, "Just short 'of' tick trading... "


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 Peter Bonch, Sales Executive at Angels of Flight Canada Inc. Halo Medcard division

 Wednesday, December 9, 2015



Best person to ask is Colin at CMC markets


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 Philipp Kahler, Autor von "Tradingstrategien (nicht nur) für Extremsituationen"

 Wednesday, December 9, 2015



"Tradesignal" might be the right thing. Connects to Reuters/Bloomberg and others, does charting, scanning, trading strategies, backtests in realtime. Used by institutional customers for prop trading and portfolio management.


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 Chad Humphrey, at Strategic Options, LLC

 Thursday, December 10, 2015



I've been doing pretty well with my system: http://www.strategic-options.com/trade/ & http://www.strategic-options.com/trade/open/market_analysis/winners


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 Eric Q., NFA-registered Associate Broker with Managed Capital Advisory Group, and Principle Partner at Arch Global Services LLC

 Thursday, December 10, 2015



James, is this used from trading or compliance or internal portfolio analysis? We once used a platform equipped with trading engine and portfolio management supported with a library of trading strategies and risk analysis functions for institutional funds to do global trading. -Eric


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 Jim Damschroder, Chief Investment Officer at Gravity Capital Partners

 Thursday, December 10, 2015



Portfolio Level (not trading) technical analysis & sophisticated optimization look at gsphere.Net by by Gravity: www.gravityinvestments.com


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 Rej R Yujel MBA, Business Development and Investment Analyst

 Thursday, December 10, 2015



www.breakoutfinancial.com


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 Robert Kopp, SVP | Institutional Services at Invinco GmbH

 Friday, December 11, 2015



Bloomberg Professional


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 Arvind Babu C., BI Consultant for Supply Chain and Operations at Cisco Systems

 Saturday, December 12, 2015



Checkout www.tinoiq.com ..Our product is releasing soon..


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 Pete Mazza, Director / COO Quant Trade Technologies Inc

 Monday, January 18, 2016



I strongly recommend you look into the Quant Trade Chaos Barometer. www.fractalfinance.com


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 William Jacobs, Capital Markets Professional

 Friday, January 22, 2016



https://www.blackrock.com/aladdin/offerings/aladdin-overview


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 Jorge Medellin, economist

 Friday, January 22, 2016



https://www.quantopian.com/


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 Jorge R., Futures and Fx Trader, Gerente Financiero

 Friday, January 22, 2016



R or Python. A big community R in finance and quants.


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 Oliver Ward Insulander, CEO at Insulander Capital

 Sunday, January 24, 2016



python and amibroker


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 Calvin Rose, Director of Procurement at Dechert LLP

 Sunday, January 24, 2016



What are you trying to achieve? Send me an email and let's set up some time to talk.


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 private private,

 Sunday, January 24, 2016



Calvin - What is your personal hands on knowledge of technical analysis software? I am not looking for any investment input, any discipline opportunities or any partners or services. I am just looking to find the names of the top technical analysis software programs presently available on the market. I will be going to the show coming up in New York soon. I'm looking to connect with someone running large pools of leverage money utilizing technical analysis software programs. Please do not offer me any other services other than names that I could check into. Thank you for your understanding.


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 Janusz Pawel Opechowski, Developer &givers culture fan.

 Sunday, January 24, 2016



Give a chance to one or two new firns on the market.

Then try finding one or two technical guys who will do the bigger/corner stone stuff in r/pyhon or whatever, for you business people. The business must participate in it and those technical guys provide support to them.

Then if still unsatified make bigger choices in sense of budget by adding up or picking bigger guns from the market.


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 Jan Bylov, Expert Strategist | Portfolio Manager | Asset Allocation | Private Banking | Economist | Behavioural Finance

 Monday, January 25, 2016



You definitely need to take a look at http://www.updata.co.uk I used it for years handling Behavioural Technical Analysis to hedge funds, centralbanks etc working for a bank. If you need an introduction to the CEO just let me know. Enjoy.


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 Alberto Cejudo, Managing Director Centro Banca Privada at Bankinter

 Tuesday, January 26, 2016



Try to use Sierra Chart...


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 Joe Ely, VP-Strategic Business Development at Lightspeed Trading, LLC

 Tuesday, January 26, 2016



Hi James, Lightspeed Trading provides a few technical analysis platforms. www.lightspeed.com. RealTick is widely known as one of the best charting programs for technical analysis used by institutions and individual traders. Reach out to me if you want more info.


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 Rej R Yujel MBA, Business Development and Investment Analyst

 Wednesday, January 27, 2016



:)


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 Volker Knapp, Consultant bei WealthLab

 Thursday, January 28, 2016



James, it really depends on what you are trying to achieve. If you just wish to draw trendlines and plot moving averages any decent chart software can do it. If you like to join those experts on TV who talk old school rules and have never verified it you can pick anything.

If you wish to know if the TV talk is true you need do be able to test it. Truely testing is work! Analyzing the results takes understanding! I personally have tried many different software years ago. I can not imagine why not everybody is using Wealth-Lab - I know I am bias, but this is really my honest believe.


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 Guy R. Fleury, Independent Computer Software Professional

 Thursday, January 28, 2016



I agree with Volker. I use Wealth-Lab and I can do with it everything I want. It is a language, and as such, it is more than just an application dedicated to making trading scripts. It certainly is more, much more than starting from scratch.

The things you can do with only a few lines of code can surprise at times. I see Wealth-Lab as a compact programming language. Routines that can take many lines of code it other applications can be done in one. This means faster prototyping, faster development time, and shorter implementation time.

It is why I've kept on using it for years.

Before anyone even tries to question my endorsement of the program: I do not work, or have any type of affiliation with Wealth-Lab. I'm only a user of the product.


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 Julius de Kempenaer, Creator of Relative Rotation Graphs™; Quantitative/Technical strategist; Fund manager

 Thursday, January 28, 2016



Wealth-Lab is great but you need (at least some) knowledge on programming in C#. Otherwise I can recommend Market Analyst software from Mathew Verdouw, CMT, CFTe It can run on top of your Bloomberg professional terminal (connections to other data sources as well) which means that you not have to worry about data management or maintaining a database. Many features geared towards profesionals and in use by a number of large asset managers and investment banks and approved to run on their dealingroom workstations and local servers.

Happy to connect for a chat if you like, as a result of my experience and current business i work with a lot of (professional) ta software and can tell you about the pros and the cons from my point of view.


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 Søren Lanng, Founder at ECO Group

 Thursday, January 28, 2016



All the "names" you ask for have same features, nothing new has been added within technical analysis the past decade. Magazines keep reprinting old articles of TA.

So it is up to you, do you put priority to the "name", or the profitability the trading platform can help you generate ? If you set priority on the money, feel free to link, and I will show you state of the art TA not in public space.


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 Dee Rooney MSc ASIP CF30, Analyst | Trader | IT friendly

 Thursday, January 28, 2016



David Linton this guy needs your help!


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 Søren Lanng, Founder at ECO Group

 Thursday, January 28, 2016



James - how long time, how many programmers and how big a budget do you expect to burn before you can start trading ? - since you will need to develop your own custom trading.


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 Vlad Valtchinov, Senior IT technical manager and an executive for biomedical, healthcare and life sciences, serial enterpreneur

 Friday, January 29, 2016



James, you can also look at www.quovo.com, I suspect a good bit of what you need can be done via their platform and services. Customizations and extensions are relatively easy as well. Let men know if you need an intro to their CEO. Thanks, vlad


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 Alan R. Palmer, Technical Analyst Capital Markets

 Monday, February 1, 2016



CQG is unequivocally the best, that's why everyone buys their data from them. I can show you how your long term analysis, if correct, if using the correct timeframes and a bunch more but made easy works on a 3 min with everything plotted perfectly. I can make CQG sing and I run a traders website with the charts. $29 was the April crude oil # btw.

This is where you go if your a pro as the HFT funds play off my conditional lines because institutions or other big guys use them proving that these are the signals used. I have set up some of my VIP's that love CQG. Let me know if you need to get setup with the best. I've used 20 years and came from the trading floors in Chicago.


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 private private,

 Monday, February 1, 2016



I need live trend lines & live alerts. CCI, Tick,

x-minute, daily, weekly, monthly & up to 50 years historical data. Multi screens & all other technical indicators. I do not need tutoring or services offered by anyone or company nor investment recommendations.


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 Alan R. Palmer, Technical Analyst Capital Markets

 Thursday, February 4, 2016



I teach you how to chart or trade off precise levels which are very accurate, a new video on 2.4.16 shows the high of the day in the dow futures before it happens and the charts are the best. Let me help if your getting chopped up as my indicator is where the trader's puke their positions. This is my 10+ year study refined for easy understanding.


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 Rajesh Srivastava, Founder & CEO at priceSeries

 Saturday, February 6, 2016



Take a look at www.priceseries.com. We are an independent technical research company based in SFO Bay Area. We have developed our platform ground up and is created for short term traders. Currently we look at India market but will be launching a US product soon. The platform uses a hybrid model using algorithms to identify entry and exit points while allowing the trader full control of his trades. Reach out to me if you need a live demo. Thanks - Rajesh

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