Best program to back test and run simulations?

60202 · February 20th, 2013, 9:09 pm

Just curious, what do people generally use to do the following:-Back test trading ideas using data such as price and volume (no charts)-Run simulations such as monte carlo simulationsExcel, Matlab, R?

torquant · March 1st, 2013, 12:15 pm

I'd put Python into the list above: nice scripting and database hook-up, scientific libraries, good experience to put onto resume anyway.

secret2 · March 2nd, 2013, 11:05 am

Matlab is ok. But I have been exploring using TradeLink, it streamlines the data retrieving process from broker. It is in C#. (Free open source)

sm1 · June 5th, 2013, 7:49 pm

People start with TradeStation or MultiCharts and when they realize all the limits they move to Matlab, C++, or something similar.