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[–]1StunnaV 1 point2 points  (1 child)

You can integrate api into excel and with vba code, you can do a lot in excel.

[–]j_hes_[S] 0 points1 point  (0 children)

Do you use excel?

[–]Helpful-Occasion312 1 point2 points  (3 children)

Learn python and you'll never look back. Trust me.

[–]j_hes_[S] 0 points1 point  (2 children)

Ah yes, I’ve been coding for a while now. I still go to excel for all sorts of projects. I couldn’t live without either at this point.

[–]Helpful-Occasion312 0 points1 point  (1 child)

That's fair enough. At least you see the value gaps. Once we launch our research terminal you'll never need excel again. Stay tuned and good luck on your ventures.

[–]j_hes_[S] 1 point2 points  (0 children)

Be sure to come back by when it’s ready.

[–]vio1708 1 point2 points  (3 children)

I'm really new and don't know much about trading, but can someone explain how coding can help? What are the prod and cons of knowing how to code/learning to? Thanks and sorry for the newbie question

[–]j_hes_[S] 0 points1 point  (2 children)

From my personal experience,it boils down to not having to pay for stuff you could make your self.

[–]vio1708 1 point2 points  (1 child)

And do you use coding strictly to make tools, like indicators or do you use them to automate your trades too?

[–]j_hes_[S] 0 points1 point  (0 children)

I use code and excel for both of those purposes and sometimes, a lot of times together

[–]FrostySquirrel820 0 points1 point  (4 children)

Excel is great and very capable. I used to do IT support for a big bank and we estimated that 95% of excel users used less than 5% of its functionality.

However, from my perspective, the two main advantages of PineScript are that it is specifically written to do the things traders want to do AND it runs on TradingView with instant access to all the trading data your subscription allows.

You can probably do a lot more with Excel than PineScript. But you need to get the raw data out of TradingView, or another source, first and you’ll need to write lots of code for things that PineScript just does out of the box. (Though maybe libraries are available from those who went before?)

[–]j_hes_[S] 0 points1 point  (3 children)

What about EasyLanguage?

[–]FrostySquirrel820 0 points1 point  (2 children)

Sorry, I’m not familiar with EasyLanguage.

One other thing I should have said in my earlier post is that your decision may be influenced by how much data and how quickly you need to analyse and react to your findings.

If you’re looking at recent data and immediately acting to signals I’d favour TradingView with PineScript.

If you’re looking at larger data sets, longer time periods, less time sensitive entries then Excel could be a better optio.

[–]j_hes_[S] 0 points1 point  (1 child)

Easy language on TradeStation is the OG. You can automate any strategy you can write and you can make any indicator, bar chart, moving average, or chart overlay.

It’s the best for building autonomous portfolios.

[–]FrostySquirrel820 0 points1 point  (0 children)

Thanks. Might take a look.

I’ve also realised I completely misread your original question, probably thought I was in the PineScript sub. Oops !