Tradiny system & automated trade

[WmWaster]

Tradiny system & automated trade
Hi.
I'm very new to tradiny system and automated trade.
I would like to do so.

1) Sites
Does anyone know if there's any site which discuss about them?
I would like if they could teach me some concise step-by-step how to make it work, from finding brokers (which supports automated trade/trading system), set-up trade system, to atuomate trade by setting some parameters.

2) Tradiny System
What criteria do I need to focus when selecting a trading system?
What trading system do you recommend? Pros and cons?
Is Metastock good?

3) Automated trade
After I selected a tradiny system and have drawn strategy plans, how can I automate my trade?
I'm not sure if the following functions are available in my automated trade:
- when the criteria are met, "a sound alert + pop-up" will trigger (with time limit), asking me if I would approve or decline the order. If I don't respond within the time limit, it will send the order automatically.
- when criteria are met, more than 1 order is activated and ready. Each order has its own criteria. If the criteria for that order are met, it will send the order and cancel the rest.

Thanks for your help!

 

[Directional]

1. This site is an excellent resource. TradeStationWorld.com is a good site too for strategy trading, but you need to be using TradeStation to gain access.

2. do you mean the "trading strategy" itself or the platform? TradeStation is a decent platform for developing automated systems, as is NeoTicker which has superior features for more advanced strategies: I've used both and can recommend either. I've seen others talk about WealthLab but I have no direct experience of this.

3. TradeStation or NeoTicker will automatically place the orders as defined by your strategy rules. Yes you can set them to pop up an order confirmation before they get sent, but no it wont send automatically if you dont confirm it, you have to choose either fully automated, or automated with manual confirmation.

 

[WmWaster]

1. This site is an excellent resource. TradeStationWorld.com is a good site too for strategy trading, but you need to be using TradeStation to gain access.

Do you know if there's any site which have reviews on brokers & trading platform?

2. do you mean the "trading strategy" itself or the platform? TradeStation is a decent platform for developing automated systems, as is NeoTicker which has superior features for more advanced strategies: I've used both and can recommend either. I've seen others talk about WealthLab but I have no direct experience of this.

The platform.
I need my patform can work with complicated rules and with multi-graph.
Eg: When condition 1 in chart A (1 min) and condition 2 in chart B (5 min) are fulfilled, a trade is triggered.
Alerts are important too.
Support of different orders are needed too.

3. TradeStation or NeoTicker will automatically place the orders as defined by your strategy rules. Yes you can set them to pop up an order confirmation before they get sent, but no it wont send automatically if you dont confirm it, you have to choose either fully automated, or automated with manual confirmation.

When a confirmation message pop-up, does it produce sounds? Can I configure what sounds to produce?
Also isn't it true I need to choose a broker who can support that particular trade platform & allow automated trade?
If so, what brokers do you recommend?
I'm very new to it, so this amy be a stupid question.

Thank you.