TradingSolutions – A Brief Review

Posted on April 11, 2008
Filed Under Trading Software, Trading Tools |


TradingSolutions

This is going to be a high level overview of TradingSolutions by NeuroDimension because frankly, I cannot think of an easy way to explain how Neural Nets and Genetic Algorithms work. Rather this will be my personal impressions of the product.

If you want a good overview check out their FAQ pages on the TradingSolutions site.

Since I already own another similar (but more complicated to use) program I did not buy TradingSolutions but I did test it extensively over the 30 day trial period and came to the conclusion that I liked the program more than the one I owned because it was so much easier to use.

I have spent over 30 years designing, writing and testing software and I know when something is junk and in the case of TradingSolutions I was very impressed with the “fit and finish” of the product.

In fact, I remember telling my wife that this was one of the most integrated, well thought out trading software packages I had seen in a long time.

It is obvious that the program’s designers knew what they were doing when they specd it out and it shows throughout the program.

As an example, there are many video help clips available throughout the program which I found to be extremely helpful in learning how to use TradingSolutions.

Something else that stood out was the way the program works. It breaks tasks into chunks that run in a little scheduler that let’s you stop and resume at will.

I found that to be not only unusual as most packages must run their calculations to completion but extremely handy if you want to turn your computer off and resume your calculations later. Neat.

The reporting capabilities of TradingSolutions are equally impressive with some nice statistical and graphical reports available and the charts produced by the program were easy to work with and include all of the standard indicators and drawing tools.

One of the things that always make a favorable impression on me is the ability to download a program’s manuals or help files before purchasing a product to get a feel for the program.

NeuroDimension has them readily available on their site along with other training aids so you know exactly what the software can do even if you don’t download the demo version (which I highly recommend). I liked that a lot.

Overall, I think that NeuroDimension has taken a very complex trading concept and simplified it to the point where anyone wanting to utilize Neural Nets and Genetic Algorithms in their trading would be able to do so with TradingSolutions without getting an advanced degree in artificial intelligence.

Rating: ★★★★½

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