

I talked with another trader using Tradestation, but for me, the Amibroker code looked much more intuitive and easier to grasp.Īmibroker is a two-man company based in Poland.

If you have programming skills, you can program a bridge yourself to your trading platform.

Amibroker is fully customizable – could both be an advantage or disadvantage.How to set up Amibroker and Interactive Brokers (IB) for live and automated trading.Is Amibroker a good software program for stocks?.Amibroker is good for backtesting, perhaps a bit tedious for live and automated trading.(Before we go on we’d like to mention that we have a backtesting course that covers all aspects of how to backtest.) Let’s go on and you’ll learn what are the pros and cons of Amibroker. All the others are stand-alone platforms. Tradestation is a bit different, though, because it is also a broker. All these platforms are both for backtesting and automation. Each platform has its advantages and disadvantages, but in my opinion, Amibroker is well worth its modest price for a lifetime license.Įxcel is not exactly the best program for automated trading, so I decided to use one of the many platforms out there: Amibroker, Metastock, Tradestation, Multicharts, or Ninjatrader, etc. The question is: is Amibroker worth it? Why use Amibroker? In this brief review and summary, I look at the pros and cons of Amibroker and how it performs against some of the other backtesting platforms. Having focused solely on stocks since 2001, I decided to start looking into futures in early 2017 and opted for Amibroker as my trading platform. Prior to using Amibroker, I was trading semi-automatically by using a simple script in Excel. This review of Amibroker is based on many years of live trading.
