Introduction

Mechanica® Standard Edition is an advanced, portfolio engineering and analysis suite, designed to meet the stringent requirements of individual traders.

Mechanica

Although the name has changed, the philosophy remains the same: Mechanica was created to let you develop, test, deploy and automate virtually any trading strategy imaginable.

Mechanica starts by building on the foundation of power and flexibility that Trading Recipes (TR) was known for, and introduces groundbreaking new functionality in a number of critical areas such as advanced diagnostic tracing (X-Ray), and a significantly enriched language set that offers unsurpassed control.

And Mechanica’s advanced new Order Manager is designed to automate the business of position management and order management. It also has the unique ability to step into an existing theoretical equity curve at the time of account setup in order to allow close tracking of ongoing theoretical results with results of actual trading going forward.

Mechanica also provides a rich new feature set wrapped in a fresh, intuitive Windows interface. Features include advanced graphics, extended reporting, Monte Carlo analysis, and multi-period frequency distribution charting.

Mechanica reads virtually any type of ascii data, and allows you to develop, test and trade both single system and multi-system strategies across multiple portfolios, out of a single account.

Test a long-term trend following strategy across a portfolio of futures markets. Simultaneously test a momentum strategy that trades a basket of stocks. Quickly see the results of adding a short-term stock index strategy to the mix.

Develop unique position sizing strategies for each system. Develop dynamic risk management strategies and apply them to each system individually, or across all systems universally. Refine your strategies and allocations to increase reward and reduce risk.

Trade as many systems as you like, then get the daily signals you need for actual trading...no matter how many systems you trade, or how complex your position sizing and risk management operations are.

Define how slippage is computed in your simulations. Use any value for commissions. Stress-test candidate systems by introducing postdictive errors, such as going long at the high of the day, and going short at the low.

Learn how to develop position sizing strategies that maximize the performance of your systems, and work for the amount of capital you want to invest. Teach yourself to manage risk in a way that allows you to reach your goals quickly and safely.

Above all, our goal is to help you develop successful trading programs by allowing for quick and meaningful comparisons among a wide variety of trading, position sizing, dynamic risk management, and portfolio strategies...before putting money at risk.