![]() SRV file to the existing mt4/5 and "open an account" add new name and it should ping after a few seconds. In the case of mt4/mt5, you just move your strategy (called Expert Advisor or EA) to the new broker's mt4/mt5 instance (or just copy the new broker's. The worst that can happen is that you have to switch brokers, but you should be able to reconnect the algo (which will run a similar trading platform) to the new broker. Retail Fx is currently dominated by Metatrader 4.but if the broker allows FIX or other api, you can still use MultiCharts or the other charting apps. Sierra Chart is also very stable and has lots of integration already. Since you mentioned stocks, MC lifetime license is likely the better investment long term. And they have their own programming language with built-in backtesting capabilities. All of these are specifically built for real time trading of derivatives, including hooking up to a broker like Interactive Brokers, Lmax, etc. What about frontend like MultiCharts or NinjaTrader? Or even a cheaper one like SierraChart or AmiBroker? There is also cTrader Automate (cAlgo) and ProTrader PTMC. In addition, there are probably other good reasons that I'm not aware of why hardly anyone uses R for automated trading. In theory I can send trading signals from R, but I'd like to get more reliability, speed (I don't need HFT, but recalculating custom breadth indicators for several systems takes time) and some ready framework that can be used to both backtest and trade using the same code to generate signals. Is there anyone, who uses AlgoTrader, in here? Are there any alternatives that allow to program algos similar to what I described above? However, I've read opinions that AlgoTrader is extremely complicated to understand even with a solid background in Java, which I lack at the moment, and that it lacks proper documentation. If so, then as far as I know I'm limited to AlgoTrader among free solutions. Having read some articles and forum posts I realized that I probably need CEP to program such rules. I can fairly easily backtest such strategies in R with my own backtester, but I have no idea if ready frameworks for automated trading allow that. check if today's date is present in some list of dates in the database, or generate a custom breadth indicator (like at the moment some condition is true for at least X% of stocks from certain list of stocks). However, sometimes I really need to get some extra data to generate an entry or exit signal, e.g. I trade futures and stocks with IB and my trading strategies mostly use a combination of simple technical rules. I can't afford any expensive solutions, a free open-source framework would be ideal. I'm looking for a recommendation on what framework and related programming language to learn. I'm very good with R, VBA and SQL, used Python a bit, but don't know any C++/C#/Java. I'm not looking for a fast and easy solution, therefore the programming language is not important for me, I am ready to spend an extra year to master the required technologies if needed. I'd like to start automating my trading strategies.
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