curvefitter has made good introduction on R.
I will try to answer the snovik's question one by one.
1. free
Yes.
2. linkable to free real time quote providers, e.g. google
Yes.
There are several packages such as Quantmod could help you download free data from web. Since R is open-source, you could modify the code for any kind of data.
There is a package, IBrokers, could help you get data from IB.
3. some technical charting
Package Quantmod.
4. notifications tools by email. might sound dumb for private trading but this volatility can wipe out anything.
I have not done this kind of work via R. I guess there is no difficulty.
5. ability to dig news providers (e.g. bloomberg, etc) by specific words. Google has such service but would be nice if it was incorporated.
Lots of packages for professional data mining. I don't know there is any trading software could supply so many kinds of data mining tools.
Also packages for reading web pages or html, xml files.
6. and any other nice features I do not know.
Lots of latest statistical technologies.
The power and the shortcoming of R is its flexibility. Anyway, it's free and open-source.
I hope I have answered Kutilya's question since I am only a newbie for R.
Any software for private trading?
- redandtheblue
- Posts: 0
- Joined: Thu Jan 01, 2004 12:00 am
Any software for private trading?
Sorry to revise this thread, but I was wondering if anyone has tried marketcetera?
http://www.marketcetera.com
http://www.marketcetera.com
- doobs
- Posts: 0
- Joined: Thu Jan 01, 2004 12:00 am
Any software for private trading?
I'm looking for a validation tool for sensitivity analysis, valuation and hedging of several portfolios with mostly non-linear exchange traded instruments across different asset classes.
Is Marketcetera the right tool for this sort of analysis?
Is Marketcetera the right tool for this sort of analysis?
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procrastinatus
- Posts: 0
- Joined: Thu Jan 01, 2004 12:00 am
Any software for private trading?
IB with your own scripting seems like the best answer.
If you are comfortable scripting in Python, Alpaca seems very simple to use and has some free data. I don’t know anyone who has used it, so ymmv.
https://alpaca.markets/
If you are comfortable scripting in Python, Alpaca seems very simple to use and has some free data. I don’t know anyone who has used it, so ymmv.
https://alpaca.markets/