TradeStation
TradeStation is an online trading platform designed for active stock, options and futures traders. It offers advanced charting, strategy backtesting, automated trading functionality and real-time market data and scanning tools. TradeStation aims to provide traders with the tools
stock-trading
options-trading
futures-trading
charting
automated-trading
TradeStation: Advanced Trading Platform for Active Traders
TradeStation is an online trading platform designed for active stock, options and futures traders. It offers advanced charting, strategy backtesting, automated trading functionality and real-time market data and scanning tools.
What is TradeStation?
TradeStation is a multi-asset trading platform built for active traders of stocks, ETFs, options and futures. It offers advanced charting capabilities, strategy backtesting tools, automated algorithmic trading functionality and real-time market data scanning features to help traders design, build, test and execute their own custom trading systems.
Key features of TradeStation include:
- Powerful charting with over 100 customizable indicators, interactive drawing tools for trendlines, channels, Fibonacci retracements etc. and ability to trade directly from the charts
- Backtesting environment to test and fine-tune trading strategies across historical market data before risking capital
- Automated trading functionality with TradeStation EasyLanguage for coding custom strategies and the ability to auto-generate strategy code via the Strategy Builder tool
- Real-time streaming data for global equity, options and futures markets including Level II and Time & Sales data
- Built-in market scanner for screening stocks and options by technical, fundamental or custom criteria
With its focus on active trading, TradeStation is built to provide seasoned traders, particularly short-term traders, with an institutional-grade suite of tools for analyzing charts, researching ideas, performing backtests, automating and executing complex trading strategies across multiple asset classes.
TradeStation Features
Features
- Advanced charting tools
- Strategy backtesting and optimization
- Automated trading functionality
- Real-time market data and scanning tools
- Custom trading strategy creation and testing
Pricing
- Subscription-Based
Pros
Robust set of trading tools and features
Ability to create and test custom trading strategies
Automated trading capabilities
Access to real-time market data
Cons
Steep learning curve for new users
Expensive subscription fees
Limited support for newer traders
Official Links
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