Feature |
Link |
Pro |
Standard |
New Feature in Version 3!
Markowitz style Mean Variance Optimization |
|
✓ |
✓ |
New Feature in Version 3!
Full Windows 7 compatibility |
|
✓ |
✓ |
Parameter Stepping |
|
✓ |
✓ |
Dynamic Risk Management (DRM). Scale in or out (Resize) with
respect to view |
|
5 views |
Position view |
Order Management Automation - number of accounts |
|
Unlimited |
Single |
Custom orders and positions |
|
✓ |
|
Comprehensive statistical and graphical reporting, including a Monte-Carlo suite |
|
✓ |
✓ |
Sortable Trade Summaries |
|
✓ |
✓ |
Trade multiple systems from one account |
|
✓ |
✓ |
Export custom research reports to Excel for saving system research and assisting with customer research requests |
|
✓ |
|
Structured
rules editor segregates code by functional purpose into
resources, trade entry, trade exit, initial sizing and
resizing |
|
✓ |
✓ |
Simulate options hedge against a basket |
|
✓ |
|
Integrates with automated order execution platforms
like FIX and others |
|
✓ |
|
Trade-level debugging with Grid and Charts |
|
✓ |
✓ |
Portfolio-level debugging X-Ray |
|
✓ |
✓ |
Easy to use system development language |
|
✓ |
✓ |
Trading related keywords and functions |
|
129 |
129 |
Position sizing related keywords and functions |
|
236 |
96 |
User programmable functions and indicators |
|
✓ |
✓ |
User definable Risk |
|
✓ |
✓ |
User named variables and grid columns] |
|
✓ |
✓ |
Manages discretionery trades |
|
✓ |
✓ |
Supports Forex conversions for non-dollar denominated
instruments |
|
✓ |
✓ |
Ranking - single and multi-pass |
|
✓ |
✓ |
Batch operations can be used to automate processing for research
and daily order generation |
|
✓ |
✓ |
Reads external data (numerical-fundamental) - Unlimited
number of fields |
|
✓ |
✓ |
State of the art electronic on-line Help |
|
✓ |
✓ |
Step-by-step tutorials |
|
✓ |
✓ |
Advanced
data management includes support for testing with multiple
portfolios from different data vendors and disk folders
simultaneously |
|
✓ |
✓ |
User definable methodologies can determine order of
Resizing |
|
✓ |
|
Commission and Slippage netted for opposing positions |
|
✓ |
✓ |
Runs Mechanica generated non-readable system files |
|
✓ |
✓ |
Creates non-readable system files that other Mechanica
users can run |
|
✓ |
|
Security package available along with a special Runtime
version of Mechanica for system vendors who want to
sell systems that are non-human-readable and non-sharable
|
|
✓ |
|
Supports unlimited trade count testing by storing
trades in disk files instead of in memory |
|
✓ |
✓ |
Variables can serve as parameter values for functions
and indicators |
|
✓ |
✓ |
Export Grid, X-Ray, periodic and trade-by-trade portfolio
results for use with other software packages |
|
✓ |
✓ |
Expert custom system development available |
|
✓ |
✓ |