Connect with Facebook
Log in |   Register | Guidelines | Search | |


Tools of the Trade Workstations, Realtime and End of Day Trading Software - Technical Analysis Software, Trading Platforms, and Realtime Scanners. Anything you need to trade, post about it here!

Reply
  #1 (permalink)  
Old 11-01-08, 09:12 PM
YoungTrader's Avatar YoungTrader YoungTrader is offline
level 1
 
Join Date: Nov 2008
Posts: 2
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
YoungTrader is on a distinguished road
Trade Station vs MultiChart Pro

Hi All

I am new at this forum want to ask about two trading platforms for automated trading i would like to implement: trade station (www.tradestation.com) Multichart pro (www.tssupport.com).

Both of them use EasyLanguage actually Multichart pro can easily import programs developped in Trade Station.

But my question is which is better ? Which one has a better calculation power ? Do they have differences between available calculating libraries ? Do they have different features inconveniences or advantages ??

Although I am trading since 9 years ago I am just a beginer in Automated trading platforms. I have heard about Meta4 but i have to chose between Trade Station Multichart.

Multichart seems to be a platform borned improvements done in Trade Station platform by a separate company but really dont know exactly.

Can anybody help me with this ??

By the way congratulations for this forum !

Regards


YoungTrader
Sponsored Links

  #2 (permalink)  
Old 02-10-09, 10:41 PM
wdemilly's Avatar wdemilly wdemilly is offline
level 1
 
Join Date: Nov 2003
Posts: 25
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
wdemilly is on a distinguished road
Re: Trade Station vs MultiChart Pro

Hi, I used to write code for Tradestation, and found it to be a fantastic platform (though my learning curve often left me frustrated). I've looked at MultiCharts and MCFX (their FX platform). I have a feeling that you'll find the same indicators as in TS. You can also create your own.

Another part of the question is, what brokers do these platforms work with? As far as I know, TradeStation works only with TradeStation Securities, which for forex uses GAIN capital I believe. MultiCharts seems to work with other brokers. (There used to be a TradeStation 2000i but perhaps that has evolved into Multicharts)

Tradestation had a great user's forum (open only to subscriberes). Multicharts seems to have a healthy forum as well.

As for calculations, I don't know. When I was doing Tradestation code there was a push from users to go to 64 bit. (not sure if they've done this). I'm not a hardware expert but I understand that if your platform can take advanatage of 64 bit procession, your calculation time will be cut substantially.

Hope this info wasn't too generic!

Last edited by wdemilly; 02-10-09 at 10:44 PM.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Spurl this Post!Reddit! Wong this Post!Twit this!
Reply With Quote
  #3 (permalink)  
Old 03-20-09, 03:31 PM
zupnik's Avatar zupnik zupnik is offline
level 1
 
Join Date: Apr 2007
Posts: 1
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
zupnik is on a distinguished road
Re: Trade Station vs MultiChart Pro

Dear Trades!

I heard about TradeStation 8. + OwnData 2.
Does anybody use it?
Is that good solution?
Where get it?
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Spurl this Post!Reddit! Wong this Post!Twit this!
Reply With Quote


Reply

Bookmarks

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules



All times are GMT -4. The time now is 03:55 PM.



Thanks to vBET 2.3.10 you can enjoy automatic translations


no new posts