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DiscountTrading.com is your source for futures Trading.
DiscountTrading.com is your source for futures Trading.
Disclaimer: This third-party trading platform demo is designed as an introduction to the platform and its functionality. It is not intended to mimic trading results in a live trading environment. In an actual live trading environment, commissions and fees would be applied at the close of every business day, and an account statement would be generated. Daily statements and the associated fees are not applied within the demo environment and as such, those fees, which may have a material impact on your account, are not reflected in final profit and loss calculations within this demo. Other factors such as latency fill price and execution times may also differ from live trading results. It is not intended for this demo to be an accurate representation of actual profits or losses that may occur in a live trading environment. These 3rd party platforms generally supply the user with real-time market data, however that can change at any time and without notice. This data should not be considered an adequate approximation of the trading results or experience that may occur in a live-trading environment.
Trade Navigator's award winning trading software puts the power of live market data, and lightning fast market analysis tools, right at your fingertips. Trade from the chart technology, custom strategy back testing/algo-trading and development, paper trading, market replay, trade journals, and much more come standard with Trade Navigator's software.
Time and Sales shows quotes and trades, as well as trade corrections, throughout the day to ensure that you have the most accurate information for your trading decisions.
Trade Navigator allows you to track Depth Of Market with Market Depth and Price Ladder; two powerful, yet easily utilized tools.
The Commitment of Traders Reports (COT) provides a breakdown of the open interest in which twenty or more traders hold positions which require them to file a report as set by the CFTC. This report is available to you every Friday through Trade Navigator. The knowledge is crucial for determining where certain markets are going. Several industry leaders in the Futures market advise not to trade until you know if the market is bearish or bullish.
Mobile companion to the full-featured desktop Trade Navigator software. Trade Navigator for iPad and iPhone will give you quick updates and some of the popular charting features directly on your mobile device.
Trade many markets on the Trade Navigator software. Data is available on the following exchanges:
Trade Navigator allows you to track the DOM or (Depth Of Market) with Market Depth and Price Ladder; two powerful tools.
The Commitment of Traders Reports (COT) provides a breakdown of the open interest in which twenty or more traders hold positions which require them to file a report as set by the CFTC. This report is available to you every Friday through Trade Navigator. The knowledge is crucial for determining where certain markets are going. Several industry leaders in the Futures market advise not to trade until you know if the market is bearish or bullish.
TradeSense is the backbone of the Trade Navigator Platinum package. TradeSense sets us above the rest, removing the shortcomings of other well-known competitors by providing this simplified input language. The programming language combines English and simple math symbols for powerful analytics and decisive algorithims. This programming language can easily be applied to a simple strategy as well as a highly intricate one. This programming language does not require hours to learn. TradeSense's simplicity is accentuated by our training series videos, FREE online training, and very comprehensive manual.
Trade Navigator - Real Time
Real Time gives you the ability to analyze the market transparency of the futures, whether traded electronically, pit, or both, throughout the day. This is a must-have feature for any serious trader.
Trade Navigator Platinum displays for you, just as the normal Trade Navigator versions, with top and side navigation bars. The top navigation bar allows us to go to the specific functionality components of the Navigator Platinum.
The top tool bars allow you to enter a specific work area. The buttons on the bar help you to go to the specific Platinum related areas and allow you to do targeted functions. They can also be customized to show only the areas you use most.
The Trader’s Toolbox allows us to navigate to tools unique to Trade Navigator Platinum.
Functions: Functions represent the core architecture of the Rules. The functions include those that initially came with the software, as well as any you create. Additional functions may be included with partner libraries and those received from special file downloads or other users. A function can be a mathematical expression [e.g. (Close – Close.1 + 0.1 * Range)] indicator, price relationship or logical expression that you want to reference as part of a rule.
When you click on the function button, you will see a default list of functions available in the Trade Navigator database. The list displays columns for: Name of the function, Library location of the function, the category of the function, date last modified or verified, and whether or not the function has been verified by the TradeSense editor. For further information on Functions, please refer to the Function chapter. See below for sorting options.
Rules - Rules represent the primary components of a trading system. Rules are comprised of functions and operators. Within each rule, there is a condition and an action. The condition is what we are asking Trade Navigator to evaluate. Once Trade Navigator has evaluated the condition and found matches, an action takes place. The action can be either an entry or exit into the marketplace. A rule can reference native functions, user functions, mathematical expressions, and logical expressions using days, months, price, etc. It is the ability to develop rules that put Trade Navigator in a class by itself. The TradeSense editor makes it simple and easy to create rules for your trading needs.
Strategies - We define a strategy as a defined set of rules to buy and sell. These mechanical rules do not allow a user’s discretion to affect the trades. By combining different entries, exits and stops, you will be able to tailor the strategy to meet your specific needs. Trade Navigator evaluates strategies one market at a time. Other markets can be used in the evaluation, but orders are generated for the primary market only.
When you click on the Strategies button, you will see a list of items related to the Strategies contained in the database. The columns displayed are the name of the strategy, the library that contains the strategy, developer of the strategy, when the strategy was last modified, and finally, whether or not the strategy is verified. The Strategies button also offers the ability to create a new system, edit, remove, produce studies, and print or view any orders generated by the strategies. To create a new strategy, refer to the section on strategies in this text.
In order to test a strategy, you must click on the edit/run option. This will bring up the edit window for the particular strategy, allowing you to run a performance report of historical trades or to modify and edit the strategy as needed.
Strategy Baskets: Strategy Baskets are a grouping of strategies. This can be the same strategy setup to run on a number of different markets or a number of different strategies running the same market and combinations thereof. To create a new strategy basket, refer to the section on strategy baskets in this text.
Library: A package of functions, rules, and/or strategies is called a library. Libraries allow you to group functions, rules, and strategies based on particular systems, concepts or simply for convenience. With handy features like importing and packaging, you can easily maintain and transfer libraries.
By clicking on the Libraries button, you will see a list of the current libraries that have been imported into Trade Navigator. The list of libraries will display columns for the name of the Library, the author of the library, and date the library was last modified.
The Library navigation button allows you to find information about each library (author, website, contact information, etc.). It is from this location, or from within the File Menu that you can import additional trading libraries from other trading users.
Operators allow users to separate functions, as well as relate them together. By using these operators, it will allow you to input more than one condition into criteria/rules in both the Chart Navigator and our back-testing software System Navigator.
Ex: IF Close > Open.1 And MovingAvg (Close, 18) > MovingAvg (Close, 40)
In the example above we are using a “>” sign which is a very commonly used operator within our Tradesense language. Also, we used “And” to add another condition to our rule. Following is a list of operators that are available to use within the software.
> This is used when you want one function to be greater than the function following the operator.
>= This is used when you want one function to be greater than, or at least equal to, the function following the operator.
< This is used when you want one function to be less than the function that follows the operator.
<= This used when you want one function to be less than, or at least equal to, to the function that follows the operator.
< > This is used when you do not want a function to equal the function that follows the operator.
= This is used when you want two functions to equal one another.
+ This is used to add one or more values together.
- This is used to subtract one or more values from each other.
/ This is used to divide one or more values.
* The asterisk sign allows you to multiply two values.
AND - This is used when you want to have two or more conditions in a criteria/rule to be true before any action takes place. (Ex: IF Close > Open.1 AND Open.1 < Open)
OR - This is used when you want one, of a number of conditions, to be true before an action takes place. (Ex: IF Monday OR Thursday)
NOT - This is usually used in conjunction with the “AND” operator to specify that you do not want a function to be true. (Ex: IF Monday AND NOT Inside Day) In the example above, the software will only execute the action or filter if today is Monday and today’s bar is not an inside day.
OF - This operator can be used to reference other symbols and bar periods. This operator can be used for highlight bars, indicators and parts of strategy rules, but it cannot be used in a criteria.
