Stocks & Commodities V. 23:6 (69-75): Product Review: Tradecision Version 1.7 by Dennis D. Peterson
It is easy to explore all the things you can do with
Tradecision. Itís a complete analysis package
with a number of interesting features and a user interface that is extremely easy to use. It is a package
thatís offered at a highly competitive price with two key features: neural network capability and free end-of-day
(EOD) data. Itís definitely an interesting product, though it still has a few bugs.
There are three different packages available. For this review, I used the version with the most bells and whistles: Professional Real-Time. I tested Tradecision on two different machines, both using eSignal as the real-time feed. I focused on the features not usually
seen in other packages to check out how they performed.
The three users I contacted each said he was happy with the product. They all liked getting a neural network capability at a reasonable price. They all chose the Professional version to get the neural neural
network capability (this version comes with genetic algorithms, which helps enormously if you are trying to
optimize parameters in conjunction with finding a neural network solution). They too had experienced a few bugs, but given that this product is so powerful, it
makes you want to be patient and work through the glitches. Between phone calls and email, the issues I had were resolved (but I recommend email; my questions were answered in both a timely and a most thorough way, some of the best I have seen).