You’ll be placing automated trades in no time, without the need for a computer science degree. Then, you can backtest your ideas using the Strategy Analyzer, which will show all the important performance metrics, and paper trade them until you’re ready to go live. But even if you’re not a programmer, you can use the EFS Wizard to the build the script for you.

Using the EFS scripting language you can build customized trading strategies. I especially like the eSignal Formula Script (EFS). Research automation is becoming a competitive necessity, and eSignal’s capabilities are on the It’s a quick way to sift through mountains of rough financial data to find the diamonds of opportunity quickly. And, their available scanners can perform searches of all stocks based on user-defined criteria. But additionally, eSignal offers access to up-to-date Standard & Poor’s Compustat data, Morningstar, Equity Trader and Edgar Online. The standard tools run the usual gamut: order execution, charting, trade blotter, and news feeds. Nevertheless, when I did get the right person on the line, they were professional and helpful. All I got was another phone number to call and an email address, which was somewhat unsatisfying. The person I spoke with was friendly and knowledgeable, although when I asked more in depth questions he was unable to transfer me to the appropriate technical staff. Just to poke around a little bit more, I placed a few calls to the support desk. They provide a wide array of help files, documentation, tutorials, Web site resources, forums and support to answer just about every conceivable question you could have.

Lack of professional documentation in the financial technology space has always been a pet peeve of mine, but I’m happy to report that eSignal has really stepped up to the plate over the last several years. You’ll be placing trades in no time, without the need for extensive software training, though it’s available if you need it. Installation, documentation and support: 4 of 4 In today’s fast paced world of automated trading, rapid trading-model deployment is a key factor in profitability, and eSignal makes research and development of just about any strategy easier and more efficient. The new eSignal 10.6 also includes all the available data, charting, scanning, analytics, and backtesting support that helps you design strategies. The new eSignal front end allows you to trade equities, options, futures and forex around the world, and provides all the access and tools you’ll need to trade with the pros. The new version of eSignal front end software is an enhanced trading environment with all the bells and whistles sophisticated traders need, but with an intuitive user interface that makes it easy, even for beginners, to start trading with confidence. ESignal Advanced GET – $3,995 includes mentoring and membership

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