Orphan Systems
- This topic has 9 replies, 4 voices, and was last updated 6 years ago by
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I’m in the progress of switching to matlab. This works great so far but (now the answers to all your questions):
1.) Matlab uses matlab (obviously) as language and not Probuilder. Matlab is a multi-purpose programming language specialist on array processing. Matlab is surely much more complex then Probuilder but offers also much more possibilities.
2.) Right now I’m still running a few strategies on PRT (the ones that I haven’t converted yet). Also it PRT. is great to quickly test an idea (as long as it is simple). Another thing that is nice is to have the visual capabilities of PRT. So I can use it to track my matlab strategies (when my matlab strategy places a trade vie IG’s API the trade pops up in the PRT chart. Anyway I will lose this on the long run when I transfered all my strats to PRT they will sooner or later ask for payment for PRT since no trades are placed and then it is over for my PRT usage (I will definitely not pay for it).
3.) As I wrote above math is a programming language but no trading platform. So if you want to run backtests or whatever you will have to program this yourself.
4.) Copy/paste definitely will not work. 🙂
5.) I started to have a closer look at matlab hmm maybe 3-4 months ago when it became more and more obvious that there are too many problems running live with PRT. The first time I was not really motivated because it seemed simply too much work. Especially the communication with IG I was a little bit unsure how easily I could fix but now a few weeks ago an error in PRT caused a bigger loss in my account (still under investigation form PRT and IG) and this was for me the point where I said to myself that this has to stop.
Since then I made great progress. Programmed two toolboxes one for IG and one for IB which handle the broker communication and much more.
So for me it was the right choice to switch but I can tell that it is a big step since you virtually have to program all yourself and have no inbuilt functionality which for example PRT offers. So if you don’t feel comfortable with bigger programming tasks this is probably not the right choice for you.
And of course, there will be also problems BUT the big difference is simply that if you program everything yourself you can also debug every aspect and when there occurs an error you can fix it. When an error occurs between PRT and IG you can report this error to PRT and wait for them to solve it. Well and I’m a little impatient so I prefer to fix it myself.
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