AmiBroker
Overview
AmiBroker is a powerful technical analysis and trading software that allows traders to develop, test, and implement trading strategies. It is known for its flexibility, speed, and comprehensive feature set, making it a popular choice among retail traders and professional investors.
Features
- Charting and Analysis: Advanced charting capabilities with a wide variety of technical indicators and drawing tools.
- Formula Language (AFL): AmiBroker Formula Language (AFL) for creating custom indicators, backtesting strategies, and automating trading systems.
- Backtesting and Optimization: High-performance backtesting engine that allows for thorough testing and optimization of trading strategies using historical data.
- Real-Time Data: Real-time data support with connections to numerous data providers for live market analysis.
- Portfolio Management: Tools for portfolio-level analysis and management, including position sizing and risk management.
- Automation: Automation features for executing trading strategies without manual intervention.
- Extensibility: Supports third-party plugins and custom scripting to extend functionality.
Key Components
- Charting Engine: Offers interactive charts with customizable indicators and studies.
- AFL (AmiBroker Formula Language): Proprietary scripting language for strategy development, custom indicators, and backtesting.
- Analysis Tools: Includes comprehensive tools for technical analysis, pattern recognition, and signal generation.
- Backtesting and Walk-Forward Testing: Robust backtesting engine that supports walk-forward testing for evaluating strategy robustness.
- Optimization: Genetic algorithm-based optimizer to find the best parameters for trading strategies.
- Broker Integration: Interfaces with various brokers for live trading and order execution.
Integrations
AmiBroker integrates with multiple data feeds and brokerage platforms to provide a seamless trading experience. Some of the notable integrations include:
- Market Data Providers: Supports real-time and historical data from providers like Interactive Brokers, eSignal, and IQFeed.
- Brokerage Firms: Compatible with brokers such as Interactive Brokers for direct trading execution.
- Third-Party Plugins: Extensive support for third-party plugins and APIs to enhance functionality and connect with other trading tools and services.