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Automated FX order execution

Posted: Fri Sep 05, 2008 11:10 am
by Leila
Hi all.

First, congratulations on your very informative forums.

I am looking for a good combination of software / broker allowing for automated FX order execution. I have signed up with TradeStation, and overall like their backtesting / automatic strategy execution features. But after using them for only 4 days, it has become clear to me that I will not use them anymore, for a variety of reasons.

Suggestions anyone?

Thank you.

Posted: Sat Sep 06, 2008 7:50 am
by khalid
Leila,

Check out NinjaTrader, MT4, MCFX, anything, BEFORE you buy them for good.

YOU have to be comfortable with whatever you use, therefore, my advise: If you can't test run a software for free, ignore it.

Khalid

Posted: Mon Sep 08, 2008 9:41 am
by Leila
Thanks for your reply. More specifically, I am looking for a system allowing access to brokers that use normal bid-offers for overnight rolls (definately not the case of GAIN capital, used by TradeStation).
So far, I only have found Oanda, but I cant see any software vendor who uses them and also allows automated trading... Any other broker you would suggest?

Posted: Wed Sep 10, 2008 3:56 am
by khalid
Leila,

I am afraid I do not think I am knowledgeable enough to adequately provide you with the specific advise you seek.

Khalid

Posted: Thu Sep 11, 2008 6:33 am
by khalid
Sorry Leila,

I must have had a bout of amnesia, for I forgot all about OATS.

Please find Tradestation to Oanda link here:

http://www.snapdragonsystems.com/

I do not know how good OATS is, but it should be worth your while to check it out.

Khalid

Posted: Thu Sep 11, 2008 8:32 am
by Leila
Thanks a lot, that is quite helpful!

Posted: Thu Sep 11, 2008 2:53 pm
by khalid
If Tradestation is not entirely to your liking, you could check with Snap Dragon if OATS would work withMultiCharts and/or MCFX.

Khalid