by John Sweeney
I'm tired of trying to describe today's sophisticated new products with blocks of print! May my
formidable high school English teacher (and the writers' union) forgive me, I'm taking up graphics to try
to do some justice to what is clearly a wholly new level of programming. The program that's driven me to
this state? TRADEPLAN on Market Information's Mitronix IIc.
This program is really a result of developmental work done by the folks who brought us COMPUTRAC.
They felt they had taken their package of individual studies as far as it could go and, I would suppose, to
as broad an audience as was likely to be available for such a hacker's delight. They wanted to create a
program that could integrate various trading plan rules, test the rules, and track profitability over the data
stored in their machine. They had worked with Market Information on their previous products and their
implementation on an IBM machine, so their datastream was familiar. All the elements were in place to
create a package usable by the trading "masses," not just the techno/computer literati. In my opinion,
they've I succeeded.
I've decided to devote a good deal of time and effort to this program and programs like it because here
we've come to the culmination of a decade of trading software development. Clearly, there will be even
more improvements in the future but this program, developed by a leading technical software practitioner
and vended by a leading datastream supplier, finally brings together many worlds that we traders have
tried to integrate in our trading plans. Everything about the concept and programming is "leading edge"
so that even traders who don't need to use it should be aware of its organization and capabilities. The
integration of functions will probably guide most trading software development in the future.