Hi Friends,
Want to know how good the traderscockpit trading tools are ? As they are cloud based I believe any working personal can code the strategy and keep alert to get SMS on mobile would really help to trade for working professional and busy persons.
However though I heard about all these offline system (Cloud based) want to know are they really quick enough about messaging system ? also they are charging very high amount after discount around 20900 Rs. is this worth to pay for these kind of trading tools?.
Is any other tools/systems available in market which are cloud based like this to get alert, code, backtest etc.
Your views are really appreciated.
Traders Cockpit is a powerful Trading platform with advanced features. It is web-based and does not require to download/install anything on the local machine. Its robust backtesting feature makes it stand apart from others.
Pros:
- It has web-based interface, so can be accessed through any computer/handheld devices across the globe.
- It has powerful Options module where we can test and evaluate option strategies.
- One can backtest trading strategies over variety of instruments.
- It supports Tradescript language which is very easy to learn and code.
- Very impressive customer support. You can get your strategies coded and backtested.
- Webinars are conducted weekly/on-demand basis.
- Alerts generated through the trading strategy can be sent through SMS.
- Forum access for subscribed customers.
Cons:
- Charting is poor as compared to other platforms. It’s not very user-friendly and intuitive.
- Java based interface doesn’t look eye catching.
- Backtesting engine is very slow as compared to Amibroker.
- Not enough backfill data is available.
- Screeners are not user-friendly.
Reference: http://tradingtuitions.com/alternatives-to-amibroker/