TradeStation

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TradeStation

TradeStation is a Windows-based application, designed, sold and distributed by TradeStation Securities. It is technical analysis software that is used for analyzing and trading the financial markets. It uses a built-in proprietary programming language named EasyLanguage.

TradeStation is a professional trading platform for financial market traders. It is used mainly by retail and relatively small investment operations as large financial institutions tend to have their own in-house solutions. It provides extensive functionality for receiving real-time data, displaying charts, and entering investment positions. Although it comes with a large number of pre-defined indicators, individuals can create and display their own using the built-in EasyLanguage programming language. TradeStation supports the development, testing and automation of all aspects of trading. Trading strategies can be back-tested and refined against historical data before being turned on and traded "live." TradeStation can either be used as a research and testing tool, or as a trading platform with TradeStation Securities acting as the broker.

Free Indicators

Free indicators for TradeStation can be found on many sites including:

TheRumpledOne Indicators Trader Online Jurikres Klub Chip BreakoutFutures Trade The Markets Traders Laboratory

TradeStation deleted the TREND INDICATOR - NEVER LOSE AGAIN thread which was the most widely viewed thread in TradeStation history. Fortunately, the thread was retrieved from the google cache.

TREND INDICATOR - NEVER LOSE AGAIN

TREND INDICATOR - NEVER LOSE AGAIN ELD files

Add-ons

A large number of third-party developers sell add-on extensions for TradeStation. Since TradeStation is a development platform, a custom trading program can be developed called a trading system or trading strategy. If any trader has a potentially profitable strategy he would like to have developed, he can either write his own strategy in EasyLanguage or have his trading system developed by third party developers.

Software Versions

The current version of the software is version 8.3 - its real-time data only covers the US markets and the German Dax exchange though there are plans to extend coverage to other regions. Version 5 was called TradeStation 2000i and could use a variety of different real-time data feeds so that although officially no longer supported, it is still used by traders wishing to work with real-time non-US data. Version 4 of TradeStation was 16 bit software and is now no longer used.