You need to have examples for the backtester and screener ASAP... I can't even figure out what language these should be written in... are they written in Javascript?
Also, it was difficult to figure out how to create a new application... Put a box around the "Create New" button to make it more obvious that that is a button.
Overall, the concept has merit... You need to make clear that this is a PROGRAMMABLE stock tracking website, since that seems to be the innovation here. Might be something I would use, once it's more polished.
Note that you app somewhat limits users to "programmers who are also stock traders", which could be a smallish niche... The barrier to adoption of your tool are high as well- Steep learning curve. Also, many such folks may not trust you enough to store their trading strategies on your site.
...You're going to have to create a _fantastic_ implementation of your idea before a critical mass of people will spend the time to learn the system- Long way to go.
But I can see what your trying to do and I think there is potential in this direction.
Both screener and backtester are executed client side. Its very opensocial style of development. Also since this is private funded I dont have money for servers on server side.
Also for the non programmers...the applications can be made public so non programmers can use the public of applications.. Also the app developers like in opensocial can throw ads on the screeners.
The following code is for a backtester. I created the application on tickmarkt. It checks when an exponential moving average with 5 day lags crosses over the 10 day moving average and will open a trade. You might need a large time period for this to work or you can lower the lag and it will fire off sooner. I have some technical analysis indicators built into the system that I will soon open source as well.
here is some example backtester code:
var hasTrade = false;
function Init()
{
}
function Tick()
{
//5-day exponential moving average
var ma5=analysis.Technical.ema('AAPL',
1 ,
1 ,
5 );
//10-day exponential moving average
var ma10=analysis.Technical.ema('AAPL',
1 ,
1 ,
10 );
//invalid time data because of weekend
if (ma5.length == 0 || ma10.length == 0)
return;
if (ma5[0].value > ma10[0].value)
{
//open a trade if we dont have one
if (hasTrade == false)
{
api.Broker.OpenTrade('AAPL',
100,
'open trade on cross');
hasTrade = true;
}
}
else if (ma5[0].value < ma10[0].value)
{
//close a trade since we have one
if (hasTrade == true)
{
api.Broker.OpenTrade('AAPL',
-1100,
'close trade on cross');
Also, it was difficult to figure out how to create a new application... Put a box around the "Create New" button to make it more obvious that that is a button.
Overall, the concept has merit... You need to make clear that this is a PROGRAMMABLE stock tracking website, since that seems to be the innovation here. Might be something I would use, once it's more polished.
Note that you app somewhat limits users to "programmers who are also stock traders", which could be a smallish niche... The barrier to adoption of your tool are high as well- Steep learning curve. Also, many such folks may not trust you enough to store their trading strategies on your site.
...You're going to have to create a _fantastic_ implementation of your idea before a critical mass of people will spend the time to learn the system- Long way to go.
But I can see what your trying to do and I think there is potential in this direction.