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The Java-based algorithmic trading platform AlgoTrader announced the release of an early preview of its new HTML 5 based frontend.
It includes an array of new features, such as live market data update, interactive order placement form with full text search and configurable order presets, configurable tiles with general figures (like NetLiqValue, Unrealized P&L, Cash, etc.) and selectable view (aggregated view of the entire system or a strategy-specific view).
The most interesting feature of the new AlgoTrader is the cooperation with the TradingView network. This means that the new version of the Algo Trader platform offers its customers the highly interactive and customisable TradingView charts – regular and advanced chart types (Line, Bars Candles, Renko, Area, etc.) and the drawing tools, allowing the user to take notes and draw on the charts. The new Algo Trader frontend also includes TradingView’s library of more than 100 prebuilt technical indicators for market analysis, covering the most popular trading concepts and indicators such as ATR, Bollinger Bands, Chaikin, CCI, Donchian, Keltner, MACD, Exponential Moving Average, Parabolic SAR, RSI, etc., while the Pine script allows the user to create and share their own customs indicators.
TradingView also allows its users to share their charts on the network website and in the social media.
With TradingView the user can also compare stocks to the benchmark indices or any other stock or to look at different stocks on the same chart. It also lets the customer set the price scales to match the type of analysis, with linear, percent and log axes for drastic price movements, or even to use two separate price scales at the same time.
Besides the TradingView features, the new AlgoTrader frontend offers tables presenting in one screen the customer’s current orders, market data subscriptions, positions and transactions. The tables provide options for sorting, grouping, filtering, column selection and scrolling.
All information is automatically updated in real time using live market data, which eliminates the need to wait and refresh constantly.
The new user interface of AlgoTrader supports multiple currencies and automatic currency conversion and displays alarms and notifications in case of unexpected occurrences.
The fact that the new frontend is based on the most recent HTML 5 web standard allows it to be integrated into corporate IT infrastructures using firewalls, VPNs and remote locations.
AlgoTrader warns the users that since this is an early preview, it may contain bugs and the servers might be restarted occasionally. The company recommends that the new frontend be used with the Google Chrome browser, as other browsers and mobile devices are not supported yet.
You can check out the new AlgoTrader demo here: http://html5.algotrader.ch . No registration is required.
AlgoTrader is an algorithmic trading software system originally created in 2009 as an in-house solution for a Swiss-based options writing strategy. It allows algorithmic trading of forex, contracts for difference (CFDs), futures, stocks, options, commodities and exchange-traded funds (ETFs). The fully customizable open-source platform is designed for proprietary traders, investment banks and hedge funds and already has 9 companies in its list of clients.