You might look at Tradestation and Cybertrader. I use both, altho since my ES trading is through Tradestation that's all I look at usually. The trading interface that both brokers provide is excellent. I am unable to use the automated trading of Tradestation, however, and trade ES on a discretionary basis every day. I use stochastics of various lengths on 3 tick charts (2000, 400, and 80) and a 20,80 PPO on the 80 tick chart. The stochastic on the 2000 tick chart is very fast (7,2) and provides immediate feedback about whether price is high or low within the context of an hour or so. The stochastic on the 400 tick chart (15,5) provides an intermediate level of detail and is excellent for picturing divergences that are tradeable. The 80 tick chart stochastic is set to look back 75 bars, is slowed by 6, and uses a 9 bar %d trigger. The PPO action is used to confirm stochastic signals from the 400 tick chart, and this works very nicely. Most unfortunately, you cannot combine tick data from different charts when creating indicators or trading rules in Tradestation. And watching signals on 3 charts is exhausting. I've been thinking about trying out Esignal because I've been told that that software does allow combining signals from different tick charts into trading rules. However, Esignal does not provide the automated trading that Tradestation does. Best of both worlds would be nice. As a result of the concentration the eyeballing takes, I am usually finished trading in the morning because I'm so tired by noon I make mistakes in the afternoon. I like trading the first 2 hours of the day the best, but hate missing afternoons like we had today. What a great trading day. I would suggest that you investigate tick data if you're serious about ES trading. IMHO, it's worlds better than any time interval because it breaks high volume action down into individual bars and allows indicators to do their job. So often large moves are contained within one time interval bar and unless you're watching several charts of different bar lengths you miss the move. Just something to consider.
David |
