Data Services for Developing a Trading System

If you are developing a trading system, begin with historical data available by CD or download. It is much less expensive than an API. You also at least postpone the programming headaches of an API. Most charting and testing platforms now offer historical data. A strong correlation with your broker's data feed is not as important for systems testingâ

By Michael Duane Archer
Michael Duane Archer has been an active futures and FOREX trader for more than 35 years. He has worked in various advisory capacities, notably as a commodity trading advisor, registered SEC investment advisor, and branch manager for Heinold of Hawaii. He currently trades FOREX and futures and is involved in several technical analysis research projects.

Copyrighted 2020. Content published with author's permission.

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