Building Winning Trading Systems with TradeStation (With CD ROM)

Description:

TradeStation is the most powerful and popular charting software available today, but information regarding this innovative software has been limited and has focused mainly on functionality -- until now. This definitive volume, which includes a companion CD-ROM with sample code, shows traders, in a step-by-step fashion, not only how to write TradeStation code to make their individual trading systems a reality, but also the functionality of TradeStation in the context of real-world systems, not just manual-style examples. Written in an understandable manner -- even for those with little computer experience -- this unique guide is an invaluable reference for both professional and individual traders.

TradeStation™ has gained worldwide acceptance as the premiere investment software platform, but information regarding it has been limited and focused mainly on functionality–until now. In Building Winning Trading Systems with TradeStation™, systems experts George Pruitt and John Hill show you how to unlock the power of this platform–specifically TradeStation™ 6.0–and profit from it as you trade a variety of markets including the futures, commodities, and stock market, to name just a few. Since a large portion of this book involves actual computer code, a companion CD-ROM with numerous programs and data is also included. Building Winning Trading Systems with TradeStation™ is essentially two books in one–a trading system development guide and a guide to TradeStation™’s programming language. Within the first few chapters of this informative resource, you’ll be introduced to EasyLanguage®, the powerful programming language that sets TradeStation™ apart from other software packages. Building on this foundation, Building Winning Trading Systems with TradeStation™ discusses the essentials of programming, from proper programming techniques and program control structures to data structures and analysis techniques such as PaintBar, Indicator, ShowMe, Function, and Strategies.

With the basics of programming behind you, this comprehensive guide covers all aspects of researching, building, understanding, and evaluating your own trading strategies and systems in conjunction with TradeStation™ and EasyLanguage®. In-depth analysis provides practical guidance on: How to understand trading system performance and proper strategy optimization Good trading ideas, their codes, and how to translate them into software How to fix your logic and programs through the art of debugging Developing, researching, and testing trading ideas And much more With the knowledge gained from these discussions, you’ll learn how to put your trading ideas into action and make the right decisions. But that’s not all. Chapters dedicated to the utilization of TradeStation™’s Percentage Change charts, options strategies, and interviews with some of today’s leading systems developers and traders round out this definitive volume.

Whether you trade stocks, futures, options, or commodities, the one thing you need for any of these markets is a reliable trading system. Building Winning Trading Systems with TradeStation™ will show you how to use the world’s best investment software platform to develop and utilize trading systems that really work.

Table of Contents:

• Introduction
• Chapter 1. Fundamentals
• Chapter 2. Easy Language Program Structure
• Chapter 3. Program Control Structures
• Chapter 4. TradeStation Analysis Techniques
• Chapter 5. Measuring Trading System Performance and System Optimization
• Chapter 6. Trading Strategies that Work or The Big Damn Chapter on Trading Systems
• Chapter 7. Debugging and OutPut
• Chapter 8. TradeStation as a Research Tool
• Chapter 9.Using TradeStation's Percent Change Charts to Track Relative Performance
• Chapter 10. Options
• Chapter 11. Developer's Interviews
• Appendix A. Easy Language Syntax Errors
• Appendix B. TradeStation 2001i Source Code of Select Programs
• Appendix C. Reserved Words Quick Reference

"TradeStation^TM systems traders will discover a virtual gold mine of knowledge, guidance, and the benefit of vicarious experience from the two foremost experts on the subject in this valuable new addition to trading systems literature. There has long been a notable lack of worthwhile reference material for TradeStation TM users, and this this superb new book fills a large void in this area."