|
|
|
|
|
|
Our Goal
At Traders' Edge Systems, we believe in building trading systems around the user. A system will only work if the user knows how a system works, because only then will the user have enough faith in the system to follow the signals consistently. Only then can he or she possibly know what to do if something goes wrong with a system or with the market. Furthermore, systems that involve more risk (drawdown) than the trader can truly handle are bound to fail because the user will most likely sell at the worst possible time- near the end or in the middle of a large drawdown- and fail to follow the system's signals once it recovers from the drawdown.
It is therefore our goal to create trading systems that are tailored to the user's tolerance for risk. In this way, the user will be able to comfortably follow the system's signals without second-guessing them. This also lets the trader sleep soundly because he or she isn't worrying about or doubting the system or the drawdown they are currently experiencing.
System Creation Process
To create a trading system for you in AIQ Trading Expert Pro and Expert Design Studio, Traders Studio, or Tradestation, you must have one of these software packages so that once your system is complete, you will be able to follow the signals every day or every week.
We first have a detailed discussion with you either by phone or e-mail as to exactly what you want your system to do. We ask you detailed questions about your trading concept or idea. We also assess your risk tolerance, desired frequency of trading, and future financial goals. We have found that traders often only have a vague notion of what they want in a computerized trading system or how that system might be implemented. It is therefore imperative that we find out through thorough discussion how your trading concept theoretically works.
After clarifying what it is you want out of an idea, we will then spend a specified amount of time turning that idea into a trading system using one of the three software packages with which we work.
We then send you the coded trading system, usually in the form of an AIQ EDS file, a Traders Studio zip file package, or an ELD/TSW Tradestation package for you to use for an unlimited period of time.
Trading System Backtesting
We can also provide backtesting services using our extensive stock ticker database. This database includes tickers that are no longer available due to delisting or other reasons. Having data for old tickers solves the issue of survivor bias; if you back tested your system on only current tickers, you would exclude tickers that were trading at that time but were eventually delisted or recycled, and thus are not imported via your daily data download from your data provider.
If you have an existing trading system in AIQ, Traders Studio, or Tradestation but you don't know how to back test it, we can help you.
To find out more information and to see whether our coding, customized trading systems, or back testing services are right for you, please e-mail systems@tradersedgesystems.com.
Please contact us if you think we can assist you in any other way with regards to system design, system optimization, software issues, or other trading-related problems.