Building Winning Trading Systems with Tradestation


  • Format: PDF
  • Pages: 415
  • Published Date: 2012


Enter Building Winning Trading Systems, Second Edition, the all-new incarnation of the established text on getting the most out of the trading world. With technology now a pervasive element of every aspect of trading, the issue has become how to create a new system that meets the demands of the altered financial climate, and how to make it work.


The primary objective of the first edition of Building Winning Trading Systems with TradeStation was to teach its readers how to effectively code their trading ideas into TradeStation’s EasyLanguage, and this will carry on in this edition. Fortunately, thanks to TradeStation engineers, TS users have not been required to learn very much in the way of new language syntax throughout the software’s developmental cycle. This isn’t to say things haven’t changed at all. There have been sufficient additions to EasyLanguage’s library of functions and to TS’s available data universe, and beginning with version 8.8, a much improved Integrated Development Environment, to merit the writing of a second edition.

The framework of the first edition was modeled after a college-level textbook that was used to teach the Pascal programming language, and this framework will be followed again. However, some concepts will be more elaborated upon and additional examples will be added this time through. Also, the original chapter describing self-contained trad-ing systems will include updated performance results of those systems and will introduce some new trading ideas and systems.

The way we trade and the tools we use to effect our trading have changed over the past nine years, but the market principles, indicators, and robust trading systems have more or less stayed the same. Let’s see if we can use the latest iteration of TradeStation and EasyLanguage to uncover some of these time-tested nuggets of knowledge.


  • Fundamentals—What Is EasyLanguage
  • EasyLanguage Program Structure
  • Program Control Structures
  • TradeStation Analysis Techniques
  • Measuring Trading System Performance and System Optimization
  • Trading Strategies That Work (or the Big Damn Chapter on Trading Strategies)
  • Debugging and Output
  • TradeStation as a Research Tool
  • Using TradeStation’s Percent Change Charts to Track Relative Performance
  • Options: Introduction and Strategies
  • Interviews with Developers