3 ms·
I am no expert in forex platforms, but this statement seems a bit off: "individual investors only have a few simple tools at their disposal, e.g., Meta Trader
by fasteo 12y ago
I am no expert in forex platforms, but this statement seems a bit off:
"individual investors only have a few simple tools at their disposal, e.g., Meta Trader or Ninja Trader"
Both meta trader and Ninja trader have powerful event-based scripting languages (MQL5 [1] and NinjaScript [2]) with a solid library of charts, strategies, indicators and order execution. More than that, they have a huge community providing all kinds of services around those platforms[3][4]
Other than that, Wolf seems like a nice piece of software.
[1] http://www.mql5.com/en/docs http://www.mql5.com/en/docs
[2] http://www.ninjatrader.com/support/helpGuides/nt7/ http://www.ninjatrader.com/support/helpGuides/nt7/
[3] http://www.mql5.com/en/signals/mt5 http://www.mql5.com/en/signals/mt5
[4] http://www.metatrader5.com/en/automated-trading/mql5market http://www.metatrader5.com/en/automated-trading/mql5market
- dclusin 12y agoLots of brokers also offer vanilla FIX connections to their systems as well, so a GUI isn't necessary.
- monkeyboysteve 12y agoVirtual Brokers comes to mind.
- kolencherry 12y agoInteractive Brokers offers a FIX interface to their system.
- reduce 12y agoSimple... versus the tools inside the top investment banks. I'd estimate that the publicly available tools are at least 10 to 15 years behind.
- spitfire 12y agoMore than that. Further still, the publicly available tools trend towards only covering the "algorithm" part of the problem - that's what's sexy. Missing out is things like risk management, money management, allocation, OMS vs EMS, etc. Trading for most prosumers is a vanity hobby, though they don't know it.
- dodders 12y agoPlus tickets, sales tools, blotters, order management, routing, reports (reg and otherwise) etc...