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Monte Carlo-Lab

Note: The following information has not been updated by the vendor since 01/16/13.

Address:1701 East Lake Ave. Suite 360
Chicago, IL 60625
Phone # for sales: 773 598 8879
Additional Phone #: N/A
Fax: email only please
Website: www.wealth-lab.com
Click link to request additional product information.
E-mail address: info@wealth-lab.com

CATEGORY: SOFTWARE

General Information | System Requirements | Market Information | Data |
Data Formats | Charts | Screening and Alerts | Trading Systems |
Options Analysis | Support | Additional Information

General Information TOP

Product name: Monte Carlo-Lab
Initial Price: 0
Brief product description: 

Monte Carlo-Lab gives you further insight into your trading system dynamics, and the potential for future profits. MC-Lab uses many interesting features to create worst case scenarios and expectations.

System Requirements TOP

Operating system(s): 
  • Windows XP
  • Windows Vista
  • Windows 7
  • Windows 8
Minimum RAM required: 2 GB
Minimum hard drive space: 5 mb
Minimum modem speed: Greater than 28800
Mouse required?: Yes
CD-ROM used?: No
CD-ROM required?: No
Demo disk available?: Yes

Market Information TOP

Markets followed: 
  • Stocks
  • Futures
  • Bonds
  • Industrial groups
  • Cash markets
  • Mutual funds
  • Indices

Data TOP

Data type(s) utilized: 
  • Intraday data
  • End-of-day data
  • Fundamental data
  • Historical Data
Sources for data: 
  • Provided by the software vendor
  • Provided by an outside data source
Downloader: 
  • Downloader provided
  • Auto-selecting of data to be downloaded
Data manager: 
  • Editor for data
  • Split & distribution adjustments
  • Historical database included with purchase
  • Historical database available
  • Data exportable to other programs
  • Exporting of indicator values
  • Data printout
  • Custom symbols (e.g., spreads, crossrates)

Data Formats TOP

Formats read directly: 
  • DBC (Signal)
  • DTN
  • MetaStock
  • TC2000 (Worden Bros.)
  • ASCII
Additional formats read directly: 

See Wealth-Lab.
Formats read after conversion to program useable data: 
  • AIQ
  • BMI (Bonneville)
  • Bridge (formerly Knight-Ridder)
  • CISCO
  • CQG
  • CSI
  • DBC (Signal)
  • Dial Data/Track Data
  • Dow Jones
  • DTN
  • Free Financial Network
  • FutureLink
  • FutureSource
  • Genesis Financial Data
  • Integrated Financial Solutions
  • Market Timing Report
  • Media Logic
  • MegaTech
  • MetaStock
  • Pinnacle Data
  • Prophet Info. Services
  • Quotron
  • S&P ComStock
  • TC2000 (Worden Bros.)
  • Telemet
  • Telescan
  • Tick Data
  • TradeStation
  • Technical Tools
  • X*Change (Ingenius)
  • ASCII
  • FastTrack
  • Primark SpeedFeed
Additional formats read via conversion to program useable data: 

All data throu our open API

Charts TOP

Chart type(s) utilized: 
  • Bar Charts
  • Candlestick charts
  • Equivolume charts
  • Line charts
  • Overlay charts
  • Point & figure
Charting features: 
  • Automatic line angles
  • Bollinger bands
  • Crosshair data readout
  • Customizable icons
  • Cycle remover
  • Cycle rules
  • Drag and drop
  • Fibonacci lines, circles
  • Gann lines, angles, squares
  • Horizontal lines
  • Linear regression lines
  • Log scale
  • Moving average bands
  • Object orientation (formatting chart items)
  • Open interest
  • Pages or chart suites
  • Parallel lines
  • Print charts
  • Raff regression channels
  • Scaling: automatic
  • Scaling: manual
  • Scrolling
  • Space holidays
  • Space weekends
  • Templates
  • Tick volume
  • Trendlines: automatic
  • Trendlines: manual drawing
  • User-defined chart groups
  • Volume
  • Windows: multiple
  • Windows: resizable
  • Write text on charts
Built-in indicators:  N/A

Screening and Alerts TOP

Ranking based on: 
  • Drawing Tools (e.g., trendlines)
  • Indicator and studies
  • Technical systems
  • Fundamental data
Screening based on: 
  • Drawing Tools (e.g., trendlines)
  • Indicator and studies
  • Technical systems
  • Fundamental data
Alerts based on: 
  • Drawing Tools (e.g., trendlines)
  • Indicator and studies
  • Technical systems
  • Fundamental data
Alerts displayed on charts?: Yes
Alerts displayed in table?: Yes
Screening by individual system per market?: Yes
Save tables?: Yes
Automated printing of tables?: Yes

Trading Systems TOP

Trading system features: 
  • Trading systems library provided
  • Stock system testing
  • Futures system testing
  • System development and testing
  • Customize and edit formulas
  • Optimization
  • System performance reports
  • System signals plotted on charts
  • System tracking
  • Plot equity line
  • Testing of portfolio risk & return
  • Testing of money management strategies

Options Analysis TOP

Options analysis features: 
  • Projections/forecasting (what-if analysis)

Support TOP

Support features: 
  • Automated installation
  • Online help
  • Newsletter
  • Bulletin board
  • Tutorial
Manual page length (if applicable): 20

Additional Information TOP

Additional comments (please indicate additional indicators, special features and services here): 

MonteCarlo-Lab is a free Add-In for Wealth-Lab Developer 6. It will only operate if Wealth-Lab Developer is already installed on the target computer. Any system trader should use Monte Carlo simulation to for worst case analysis.

General Information | System Requirements | Market Information | Data |
Data Formats | Charts | Screening and Alerts | Trading Systems |
Options Analysis | Support | Additional Information

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