Building Winning Trading Systems with TradeStation

by George Pruitt

Praise for BUILDING WINNING TRADING SYSTEMS with TradeStation (TM)

"This book will prove vital to all systematic traders. Pruitt and Hill share a wealth of innovative timing patterns and fully disclosed trading strategies. For TradeStation(TM) users, there are powerful tutorials on indicator design and system building. The authors' vast expertise will benefit even practiced TradeStation(TM) veterans."
-Nelson Freeburg
Editor, Formula Research

"TradeStation(TM) systems traders will discover a virtual gold mine of knowledge, guidance, and the benefit of vicarious experience from the two foremost experts on the subject in this valuable new addition to trading systems literature. There has long been a notable lack of worthwhile reference material for TradeStation(TM) users, and Building Winning Trading Systems with TradeStation(TM) fills a large void in this area."
-Edward Dobson
President, Traders Press, Inc.

"Building Winning Trading Systems with TradeStation(TM) is filled with useful information and practical real-world examples. I believe TradeStation 6(TM) users will find it a valuable resource."
-Bill Cruz
Co-CEO, TradeStation(TM) Group, Inc.

Genres: Finance

408 pages, Hardcover

First published December 10, 2002

Reviews

[Bernd · Rating 3 out of 5]

With its largely product-specific focus (Tradestation 6, early 2000s) this book comes across a bit dated. While much of the general Tradestation and EasyLanguage concepts and references are still applicable to more current versions of the product, much of this material has been freely available on Tradestation.com. IMHO, the main value of this book is in chapter 5, about "Measuring Trading System Performance and System Optimization". Again, concrete product references are outdated, but the concepts elaborated are timeless and very relevant (e.g. how to measure consistency of any trade strategy/system)

[stoictrader · Rating 4 out of 5]

If you want to create your own indicators for data analysis & programming is not your thing then Easylanguage programming lang is for you. Tradestation started using extensively, later Multicharts adopted it (I use multicharts since it allows third party data feed easily & lot more user friendly) This book will surely help you at initial stage. There are few interesting indicators author coded & added for readers as extra bonus. You can backtest & use if you like.

[Lois]

I wanted a book to learn Tradestation and I was a bit disappointed with this one. The first 25-30% of the book teaches the basics of tradestation and its development IDE. However, there is some good information on building algorithmic trading systems later on.