How Does Automated Trading Work on TradeStation
TradeStation supports native strategy automation through EasyLanguage. A strategy logic file (.ELD) executes trades based on predetermined rules without human intervention.
The Answer
TradeStation is one of the few retail trading platforms that supports native strategy automation. A strategy written in EasyLanguage compiles into a Strategy Logic File (.ELD) that runs directly on the TradeStation desktop platform. When applied to a chart, the strategy monitors price action, evaluates rules, and executes trades automatically through the broker. There is no external signal service, no API bridge, no third-party app. The strategy runs on your machine, in your TradeStation instance, connected to your broker account. Setup takes approximately 60 minutes.
What Is Your Execution Leak Costing You
Most traders have never calculated this number. It takes 30 seconds.
CALCULATE YOUR LEAK