Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

I am no expert in forex platforms, but this statement seems a bit off:

"individual investors only have a few simple tools at their disposal, e.g., Meta Trader or Ninja Trader"

Both meta trader and Ninja trader have powerful event-based scripting languages (MQL5 [1] and NinjaScript [2]) with a solid library of charts, strategies, indicators and order execution. More than that, they have a huge community providing all kinds of services around those platforms[3][4]

Other than that, Wolf seems like a nice piece of software.

[1] http://www.mql5.com/en/docs

[2] http://www.ninjatrader.com/support/helpGuides/nt7/

[3] http://www.mql5.com/en/signals/mt5

[4] http://www.metatrader5.com/en/automated-trading/mql5market



Simple... versus the tools inside the top investment banks. I'd estimate that the publicly available tools are at least 10 to 15 years behind.


More than that. Further still, the publicly available tools trend towards only covering the "algorithm" part of the problem - that's what's sexy. Missing out is things like risk management, money management, allocation, OMS vs EMS, etc.

Trading for most prosumers is a vanity hobby, though they don't know it.


Plus tickets, sales tools, blotters, order management, routing, reports (reg and otherwise) etc...


Lots of brokers also offer vanilla FIX connections to their systems as well, so a GUI isn't necessary.


Interactive Brokers offers a FIX interface to their system.


Virtual Brokers comes to mind.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: