Platform for true portfolio trading? - Platforms and Indicators | futures trading

Go Back

> Futures Trading, News, Charts and Platforms > Platforms and Indicators

Platform for true portfolio trading?
Started:June 28th, 2011 (12:38 AM) by Xyzzy Views / Replies:1,350 / 4
Last Reply:July 9th, 2011 (03:02 PM) Attachments:0

Welcome to

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike

Thread Tools Search this Thread

Platform for true portfolio trading?

Old June 28th, 2011, 12:38 AM   #1 (permalink)
Elite Member
Seattle, WA
Futures Experience: Intermediate
Platform: MultiCharts
Broker/Data: IB/IQFeed
Favorite Futures: ES
Posts: 20 since Dec 2010
Thanks: 27 given, 7 received

Platform for true portfolio trading?

Hi all,

I'd like to test, and hopefully trade, a system that scans a portfolio of hundreds of symbols for certain setup and entry conditions before placing a trade. This wouldn't be practical for tick charts, but it might work on minute or daily charts.

I'm currently using MultiCharts, and it has a decent portfolio backtester, in which you can simulate testing of a large portfolio. However, it doesn't allow for actual portfolio-level trading in real-time -- it requires you to have a separate chart for each symbol being traded, which doesn't work well when you want to trade hundreds of symbols. This somewhat defeats the purpose of the portfolio backtester. This feature is supposedly on a to-do list for some point in the future.

MultiCharts: Trading Software for Automated Trading and Backtesting • View topic - Portfolio Trading

In the meantime, are there any good platforms that allow for trading a large number of symbols? It sounds like this can be done using TradeStation, using a macro feature. This wouldn't be bad, since I could re-use my MultiCharts scripts. However, it would lock me into using TradeStation as my broker (rather than IB).

Forums - Tried to change from Tradestation to MultiCharts but gave up

Are there any other trading platforms (e.g., SierraCharts or NinjaTrader) that allow for scanning a large portfolio of symbols, and then executing trades in real-time based on certain entry conditions? Thanks in advance.

Reply With Quote

Old June 28th, 2011, 12:38 AM   #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.


Old July 9th, 2011, 12:24 AM   #3 (permalink)
Site Administrator
Manta, Ecuador
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
Big Mike's Avatar
Posts: 45,428 since Jun 2009
Thanks: 28,836 given, 79,550 received

With NinjaTrader you can scan and place orders on multiple instruments (without charts), but it will require some complex C# (NinjaScript) code and you'll likely spend a couple of years learning all the "tricks" required to make things work in Ninja.

It is probably better to create a signal generating script by other means, and then just code an interface to read/intercept the signals and place the orders.


Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following user says Thank You to Big Mike for this post:

Old July 9th, 2011, 12:05 PM   #4 (permalink)
Membership Revoked
Oslo, Norway
Futures Experience: Advanced
Platform: CQG, Excel
Favorite Futures: CL
Lornz's Avatar
Posts: 1,198 since Apr 2010
Thanks: 500 given, 1,221 received

To be honest, I doubt many on this board (myself included) has the means (and knowledge) necessary to do "true" portfolio trading.

But if you do, check out Portware, FlexTrade or Tethys. The new Bloomberg Tradebook Portfolio Algorithm is supposedly good. RTS offer good products...

Expect to pay for it, though...

If you're content with EOD, TradersStudio (uses EasyLanguage), Trading Blox, Mechanica and PowerST are good choices.

In short, there are a lot of companies capable of doing portfolio trading, but most are geared towards professional traders and are priced as such too...

A cheap alternative is to get familiar with Excel... Depending on your trade frequency and the level of sophistication of your system, of course...

Last edited by Lornz; July 9th, 2011 at 08:57 PM.
Reply With Quote

Old July 9th, 2011, 03:02 PM   #5 (permalink)
Elite Member
Futures Experience: None
Platform: -
Posts: 155 since Aug 2010
Thanks: 12 given, 72 received

Futures Edge on FIO

What happens to the S&P 500 when a new President takes office?

check out AmiBroker - it's cheap (one of $300 price), very capable if you know what you're doing, and lightening quick.

Data from a whole host of providers including free EOD from yahoo or Google.

Reply With Quote

Reply > Futures Trading, News, Charts and Platforms > Platforms and Indicators > Platform for true portfolio trading?

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Upcoming Webinars and Events (4:30PM ET unless noted)

Corey Rosenbloom: Tips, Tactics, and Real Trades: Trading Intraday Trend Reversals

Elite only

An Afternoon with FIO trader bobwest

Elite only

NinjaTrader 8: Programming Profitable Trading Edges w/Scott Hodson

Elite only

Anthony Drager: Executing on Intermarket Correlations & Order Flow, Part 2

Elite only

Adam Grimes: Five critically important keys to professional trading

Elite only

Machine Learning Concepts w/FIO member NJAMC

Elite only

MarketDelta Cloud Platform: Announcing new mobile features

Dec 1

NinjaTrader 8: Features and Enhancements

Dec 6

Similar Threads
Thread Thread Starter Forum Replies Last Post
Perrys Trading Platform perryg Traders Hideout 1206 November 5th, 2011 01:07 AM
New Trading platform Michael.H The Elite Circle 19 September 16th, 2010 12:54 PM
Best Platform for Sim Trading? nqemini Traders Hideout 7 March 20th, 2010 11:47 AM
True High and True Low kaywai NinjaTrader Programming 4 January 20th, 2010 03:09 PM

All times are GMT -4. The time now is 10:57 AM.

Copyright © 2016 by All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts

Page generated 2016-10-21 in 0.09 seconds with 19 queries on phoenix via your IP