I attended the presentation, Michael.
Members should be careful, and approach this robust software (as told by practitioners) as the very honest developer of the software frankly admitted that he did not find it profitable to use the software for parameters that in back-testing had been shown to generate paper-profits.
Further proof that the stock market for intra-day trading is mostly a random walk which is not arbitrageable for profits based on mechanistic deterministic rules based on technical analysis.
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| Trading Software -- Kononov |
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Short Term Trading Testing SoftwareEugene Kononov, the author of JBookTrader, which is probably the most popular open-source platform in existence for implementing automated day-trading algorithms using Depth of Market data (the order book of bids and asks) This is written in Java and requires some programming effort. It is apparently not a canned and limited system. It is open source; you can modify it if you have the skills. For more information:
http://code.google.com/p/jbooktrader/ |


