Zorro is a versatile, free, and open-source software tool that serves as a catalyst for data collection, financial research, and algorithmic trading using C/C++. Its capabilities encompass the creation and testing of trading strategies, backtesting historical data, and executing trades.
The Data Collection component empowers users to gather data from a diverse array of sources, ranging from historical data providers and live market data feeds to custom data sources.
Its proficiency in Financial Research enables users to delve into historical data analysis, the development of trading strategies, and the execution of comprehensive backtests to evaluate strategy performance.
A robust foundation for Algorithmic Trading, allowing users to automate trading strategies by creating and configuring them, and subsequently allowing Zorro to autonomously execute trades.
The capacity for Backtesting is facilitated by Zorro's potent backtesting engine, which facilitates rigorous testing of trading strategies using historical data. This feature aids in gauging strategy effectiveness and identifying potential issues.
Additionally, Zorro's Execution capabilities extend to various platforms, such as MetaTrader 4, NinjaTrader, and Interactive Brokers, offering diverse options for executing trades.
Zorro stands as a potent solution catering to the domains of data collection, financial research, and algorithmic trading. As an open-source platform, it accommodates traders across various experience levels. However, it's important to acknowledge that while Zorro offers considerable capabilities, its effective utilization may necessitate a certain level of programming proficiency.
With Zorro, users can engage in an array of activities, including historical data collection from diverse sources, analysis for identifying trading prospects, creation and backtesting of trading strategies, strategy automation for execution across multiple platforms, collaborative strategy development within the Zorro user community, and the exploration of algorithmic trading and financial research.
For individuals interested in delving into algorithmic trading and financial research, Zorro offers a valuable avenue. As a potent and versatile tool, it can significantly contribute to achieving trading objectives, though a foundational grasp of programming concepts may facilitate optimal utilization.