The Ultimate Algorithmic Trading System Toolbox + Website: Using Today's Technology To Help You Become A Better Trader (Wiley Trading)
| Author | : | |
| Rating | : | 4.48 (981 Votes) |
| Asin | : | 111909657X |
| Format Type | : | paperback |
| Number of Pages | : | 368 Pages |
| Publish Date | : | 2013-02-18 |
| Language | : | English |
DESCRIPTION:
Algorithmic system trading isn't really all that new, but the technology that lets you program, evaluate, and implement trading ideas is rapidly evolving. The accessible, beneficial guide to developing algorithmic trading solutionsThe Ultimate Algorithmic Trading System Toolbox is the complete package savvy investors have been looking for. Exploit trading technology without a computer science degreeEvaluate different trading systems' strengths and weaknessesStop making the same trading mistakes over and over againDevelop a complete trading solution using provided source code and librariesNew technology has enabled the average trader to easily implement their ideas at very low cost, breathing new life into systems that were once not viable. You'll explore the broad spectrum of today's technological offerings, and use several to develop trading ideas using the provided source code and the author's own library, and get practical advice on popular software packages including TradeStation, TradersStudio, MultiCharts, Excel, and more. You'll stop making repetitive mistakes as you learn to recognize which paths you should not go down, and you'll d
Yes, he has chapters on "Genetic Optimization, Walk Forward, and Monte Carlo Start Trade Analysis" and "An Introduction to Portfolio Maestro, Money Management, and Portfolio Analysis," but what will most likely draw traders to Pruitt's book is his extensive array of clearly explained sample code.His examples of input into technical trading systems are drawn from the usual suspects, such as Bollinger bands, Keltner channels, MACD, RSI, stochastics, and various moving average indicators. Unlike much of the Python code that is available online, Pruitt's actually seems to be error-free. I am in the process of learning to code in Python and am, I must admit, no programming genius. I didn't test his other code.One of Pruitt's aims in this book was to offer "the most important and simplest programming techniques to transform a non-quant into a not-so-non-quant." He has, I believe, succeeded admirably.
Joe Chong said Love everyone of Pruitt's (& Hill's) books. Over the last 17 years, I have bought the Ultimate Trading Guide, Building Winning Trading Systems with Tradestation, and now The Ultimate Algo Trading System Toolbox, and have found them all extremely useful at various times of my development as a trader. This book goes beyond providing source codes for various types of trading systems like they did in the earlier two. George ensured that he helps open the doors to a handful of other system development platforms / approaches in the markets. While I wish that he covers R &/or Matlab as well, I find his chapters for Visual Basic and Python p. "It provides generously many full programs in several programming languages like Python, AmiBroker or EasyLanguage" according to Amazon Customer. This book is totally worth your money if you are interested in algorithmic trading. It provides generously many full programs in several programming languages like Python, AmiBroker or EasyLanguage, which are more valuable than the price of the book itself. About half of the book, if not more, is about explanations on them.Just be advised that this is, consequently, a practical book and that it may not suit you if you are looking after the kind of full-English text book. If you are an advanced programmer, you could already know most of the content aswell.