V. 8:13 (501-502): Quick Scans: TRADESTATION
Product Description
TRADESTATION
Address: Omega Research
3900 NW 79 Avenue, Ste 520
Miami, FL 33166, (305) 594-7664
Product: On-line intraday system automation software
Equipment: IBM PC AT, compatible or higher
Developer contact: Bill Cruz
Price: $195/month with a moneyback guarantee
Over the years I have used several of the expensive top-of-the-line trading systems. I started with
Marketview, moved on to CQG and ended up with Teletrac. At the peak of my trading, I was paying
almost $1,800 a month for on-line systems. None of these systems provided me with the automatic
trading that I desired. Until now.
For the past several months I have been beta-testing a program called TradeStation written by Omega
Research, the developers of System Writer Plus. This program is on-line, real-time, intraday software. It
has enabled me to automate my intraday trading.
TradeStation has four main advantages for intraday traders. First, TradeStation runs under Windows 3.0.
Second, it allows the user to chart virtually any indicator, even complex user-developed formulas. Third,
it provides full historical system testing capability in the tradition of System Writer Plus. Finally, it offers
full monitoring and automatic signal generation for any user-defined system in real time.
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