Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

v101

Anyone Heard Of/Used The Grail Tradestation Strategy Builder

Recommended Posts

looks like this was an product that was acquired by TS:

 

TradeStation Acquires the “Grail” Walk-Forward and Strategy Builder Technology

 

Acquisition Brings TradeStation’s Industry-Leading Strategy Trading Platform to a New Level, Further Raising the Bar against Competitors and Weaker Imitations

 

Plantation FL, June 17, 2010 – TradeStation today announced its acquisition of the Grail System “walk-forward” and “strategy builder” software technology and business from its inventor, Wouter Oosthuizen, and his company, Technovest (Pty) Limited. The products acquired include Grail Walk-Forward Optimizer, Grail Genetic Optimizer and Grail Computer Assisted Strategy Builder, together with all other products, enhancements and new features currently in development. These products will be seamlessly integrated with TradeStation’s award-winning, industry-leading trading strategy design, back-testing and automation platform. Both walk-forward testing and a broad strategy builder offering have been a company priority for TradeStation for some time, as the company has long realized that the potential value of its strategy design, back-testing and automation platform could rise dramatically with the addition of these tools to create and optimize back-tested trading strategies.

 

“The Grail Walk-Forward Optimizer should take TradeStation’s strategy back-testing functionality to a new threshold,” said John Bartleman, TradeStation Securities’ Vice President of Product Management. “Once fully integrated and rolled-out as part of our TradeStation Version 9.0, a major-enhancement release that should be out before year-end, traders will have the ability to test the robustness of their strategies at a whole new level. The Grail’s unique model of ‘Walk Forward’ testing allows the trader to see how the strategy he has tested against a historical time period will perform against various unseen market data metrics and time segments within that back-tested time period. The Grail Walk Forward Optimizer performs this multi-dimensional analysis of the strategy and then concludes with a simple ‘pass’ or ‘fail’ based on the simulated performance results. In other words, if the strategy is going to have a better chance of success in real trading, it must first prove its robustness by passing these rigorous metrics analyses performed by the Grail.

 

“The Grail’s Strategy Builder,” Bartleman added, “will significantly help traders build new strategies from scratch without the need for custom EasyLanguage® programming. Using genetic algorithms, the trader will have the ability to scan through millions of strategy permutations in a relatively short period, identify those strategies he believes show potential, and then submit them to the Grail Walk-Forward Optimizer to test their robustness.”

 

“The Grail products all were developed principally with TradeStation users in mind,” said Mr. Oosthuizen. “TradeStation will be releasing some extremely powerful functionality in its upcoming Version 9.0 release which, in my opinion, not only will dramatically increase the Grail’s speed and value, but will take TradeStation to a rarefied position where the barrier of entry for a competitor seems insurmountable. Teaming up with TradeStation, and having the value of its impressive product development and user support resources and expertise, should take the Grail technology to a whole new level as well.”

 

Mr. Oosthuizen will be joining the company full-time at its Florida headquarters on October 1, under a three-year employment agreement, to help lead the efforts to enhance the technology and seamlessly integrate it with the TradeStation platform. The parties have already started working together to achieve these goals. The purchase was made by TradeStation Technologies, Inc., the trading software development subsidiary of TradeStation Group, Inc. (NASDAQ GS: TRAD) which develops and owns TradeStation’s proprietary software, technology and intellectual property.

 

About TradeStation Group, Inc.

 

TradeStation Group, Inc. (NASDAQ GS: TRAD), through its principal operating subsidiary, TradeStation Securities, Inc., offers the TradeStation platform to the active trader and certain institutional trader markets. TradeStation is an electronic trading platform that offers state-of-the-art electronic order execution and enables clients to design, test, optimize, monitor and automate their own custom Equities, Options, Futures and Forex trading strategies.

 

TradeStation Securities, Inc. (Member NYSE, FINRA, SIPC, DTCC, OCC & NFA) is a licensed securities broker-dealer and a registered futures commission merchant, and also a member of the Boston Options Exchange, Chicago Board Options Exchange, Chicago Stock Exchange, International Securities Exchange and NASDAQ OMX. Its TradeStation Prime Services division, based in New York, seeks to provide prime brokerage services to small and mid-sized hedge funds and other firms. The company’s technology subsidiary, TradeStation Technologies, Inc., develops and offers strategy trading software tools and subscription services. Its London-based subsidiary, TradeStation Europe Limited, an FSA-authorized brokerage firm, introduces UK and other European accounts to TradeStation Securities.

 

Forward-Looking Statements – Issues, Uncertainties and Risk Factors

 

This press release contains statements that are forward-looking and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words “potential,” “should,” “could,” “upcoming,” “will,” “going to have a better chance of success,” and similar expressions, if and to the extent used, are intended to identify forward-looking statements. All forward-looking statements are based largely on current expectations and beliefs concerning future events that are subject to substantial risks and uncertainties. Actual results may differ materially from the results herein suggested. Factors that may cause or contribute to the potential differences include, but are not limited to, (i) TradeStation’s success in integrating the Grail technology with the TradeStation platform in a timely manner, and in a manner that increases the quality, value and usability of the Grail technology with TradeStation, and produces an enhanced set of features which customers who back-test strategies will find highly valuable and worth paying for, (ii) the ability of TradeStation to release TradeStation Version 9 and its updates as currently planned and TradeStation’s customer base and market finding the improvements in Version 9 as valuable as TradeStation believes they will, and (iii) to what extent the walk-forward technology will, in real-time application and trading, have validated trading strategies that are more likely to succeed.

Share this post


Link to post
Share on other sites
Just wondering if anyone has ever used, The Grail Tradestation Strategy Builder? :confused::confused:

 

Their web site is:

THE GRAIL Global Trading System / Genetic Trading Systems

 

Just watned to know if it was any good or if there is any other out there, that is good to look at using?

:roll eyes:

Thanks;

 

just before the guy was bought out by Tradestation, in one of the messages on his website forum, he said he had only one old computer and could not afford to buy a newer and more powerful computer to test his system.

 

oh well.

Share this post


Link to post
Share on other sites
just before the guy was bought out by Tradestation, in one of the messages on his website forum, he said he had only one old computer and could not afford to buy a newer and more powerful computer to test his system.

 

oh well.

 

Tams - that is just BS. Please substantiate your post by showing the link to you quote. If you know anything about The Grail system you'll know that it is a very good system for walking your automated strategies forward and providing insight as to their likelihood of maintaining robuistness in the future market.

 

It is not an automate stratgey - nor wa sit ever intneded to be. The developer is a software developer and not a trader.

 

bakrob99

Share this post


Link to post
Share on other sites

It's the best retail WFO analysis tool out there, IMO. Lots of great testing and it can save a huge amount of effort. The only downside is that the TradeStation Optimisation process that is a prerequisite to running WFO is very, very, very slow compared to MultiCharts.

 

The South African guy who built it is working for TS in its integration into TS. The WFO presents a number of solutions and allows the user to look into them and choose which to use. Part of the results is a five point test that analyses each reported iteration and gives each test a PASS/FAIL and the overall iteration a PASS/FAIL.

 

Great stuff. Highly recommended to algo designers.

 

EL

Share this post


Link to post
Share on other sites
Tams - that is just BS. Please substantiate your post by showing the link to you quote. If you know anything about The Grail system you'll know that it is a very good system for walking your automated strategies forward and providing insight as to their likelihood of maintaining robuistness in the future market.

 

It is not an automate stratgey - nor wa sit ever intneded to be. The developer is a software developer and not a trader.

 

bakrob99

 

did I say it is not good? (or good?)

 

 

 

if the old forum is still there, you can go check it out.

Share this post


Link to post
Share on other sites
did I say it is not good? (or good?)

 

 

 

if the old forum is still there, you can go check it out.

 

You're implication was clear. You should be prepared to stand by your comments. It's not up to me to support your statements.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Why not to simply connect you account to myfxbook which will collect all this data automatically for you? The process you described looks tedious and a bit obsolete but may work for you though.
    • The big breakthrough with AI right now is “natural language computing.”   Meaning, you can speak in natural language to a computer and it can go through huge data sets, make sense out of them, and speak back to you in natural language.   That alone is a huge breakthrough.   The next leg? AI agents. Where they don’t just speak back to you.   They take action. Here’s the definition I like best: an AI agent is an autonomous system that uses tools, memory, and context to accomplish goals that require multiple steps.   Everything from simple tasks (analyzing web traffic) to more complex goals (building executive briefings or optimizing websites).   They can:   > Reason across multiple steps.   >Use tools like a real assistant (Excel spreadsheets, budgeting apps, search engines, etc.)   > Remember things.   And AI agents are not islands. They talk to other agents.   They can collaborate. Specialized agents that excel at narrow tasks can communicate and amplify one another’s strengths—whether it’s reasoning, data processing, or real-time monitoring.   What it Looks Like You wake up one morning, drink your coffee, and tell your AI agent, “I need to save $500 a month.”   It gets to work.   First, it finds all your recurring subscriptions. Turns out you’re paying $8.99 for a streaming service you forgot you had.   It cancels it. Then it calls your internet provider, negotiates a lower bill, and saves you another $40. Finally, it finds you car insurance that’s $200 cheaper per year.   What used to take you hours—digging through statements, talking to customer service reps on hold for an hour, comparing plans—is done while you’re scrolling Twitter.   Another example: one agent tracks your home maintenance needs and gets information from a local weather-monitoring agent. Result: "Rain forecast next week - should we schedule gutter cleaning now?"   Another: an AI agent will plan your vacations (“Book me a week in Italy for under $2,000”), find the cheapest flights, and sort out hotels with a view.   It’ll remind you to pay bills, schedule doctor’s appointments, and track expenses so you’re not wondering where your paycheck went every month.   The old world gave you tools—Excel spreadsheets, search engines, budgeting apps. The new world gives you agents who do the work for you.   Don’t Get Too Scared (or Excited) Yet William Gibson famously said: "The future is already here – it's just not evenly distributed."   AI agents will distribute it. For decades, the tools that billionaires and corporations used to get ahead—personal assistants, financial advisors, lawyers—were out of reach for regular people.   AI agents could change that.   BUT, remember…   We’re in inning one.   AI agents have a ways to go.   They’re imperfect. They mess up. They need more defenses to get ready for prime time.   To be sure, AI is powerful, but it’s not a miracle worker. It’s great at helping humans solve problems, but it’s not going to replace all jobs overnight.   Instead of fearing AI, think of it as a tool to A.] save you time on boring stuff and B.] amplify what you’re already good at. Right now is the BEST time to start experimenting. It’s also the best time to find investments that will “make AI work for you”. Author: Chris Campbell (AltucherConfidential)   Profits from free accurate cryptos signals: https://www.predictmag.com/     
    • What a wild year.   AI seems to be appearing everywhere you look, Paris hosted a weird Olympics, unrest continues in the Middle East, the US endured a crazy-heated election, and the largest rocket ever to fly successfully landed in a giant pair of robot arms.   Okay, but what about the $money stuff?   Well, this year we've seen a load of uncertainty - inflation is still biting and many businesses have gone down.   Property has been very fractured, with developments becoming prohibitively expensive, while other markets have boomed.   It hasn't been an easy ride, that's for sure.   However, the stock market has had some outstanding results, and for those who know how to trade, some have done VERY well for themselves.   Some have replaced their incomes. Some have set themselves up for the rest of their days on this planet.   How about you? How did you go? Author: Louise Bedford    Profits from free accurate cryptos signals: https://www.predictmag.com/  
    • U Unity Software stock watch, attempting to move higher off the 22.4 triple+ support area at https://stockconsultant.com/?U  
    • TSSI TSS stock, watch for an ascending triangle breakout above 11.49, target 15 area at https://stockconsultant.com/?TSSI
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.