Works with Metastock or Text Files

Import data from folders of Metastock formatted data or text files.  Trade the open or close using data between specified dates or specified years of history.

Use a Wide Array of Trading Bot Choices

Use bots that work well for trading or investing, with automatically adapted parameters, trading long or short only, or both.  Combine the signals from a collection of bots by using the currently best bot, the average of all bots or the best %. 

Equity Management

Bot adaptation performance is calculated over the last N bars and you can apply slippage and commissions, fixed or variable, to your trades for a more realistic approximation of actual trading performance.  Express your equity gains in points or money.  Project your signals into the future so you can see today what action you need to take tomorrow.  Trade long, short or both.  Apply stops of a wide variety or write your own!  Apply one or multiple stops at the same time, even of the same or different types.

Build Your Own Bots

Dakota has a built in ScriptBot editor using Visual Basic for authoring your own adaptive trade-bots.  Express your creativity and find out whether your favorite trading systems will perform better by being adaptive.

Write Your Own Stops!

In Dakota, you can write your own stops, simple or intelligent.

Pure Walk-Forward Results

See 100% out-of-sample equity performance as Dakota walks through your security's history, both in price, signal and the equity curve.

Get the Stats...

Get all the trading details in Dakota's trading report, including more than 30 performance metrics, including trades, gains & loses vs. buy-n-hold, maximum drawdown, % of perfect trading, % direction correct, trade average % return, equity straightness and much more.

Query the Knowledge Base...

Find out what works and doesn't with the Knowledge Base of over 1,000 tickers and more than 10,000 examples contributed by other users.  You see, Dakota is a trader/investor community, unlike any other product, where kind persons like yourself contribute results to all our mutual benefit.

Deep Scanning
Dakota version 1.5 now has a new feature, "Deep Scanning".  This feature runs  successive tickers using a particular swarm configuration (bot, equity settings, stops, etc.) and if the ticker/swarm combination generates an equity curve that smoother than a specified smoothness measure, Dakota pops-up a Microsoft Word report and then moves on to the next ticker.  This "data mining" method is regarded as a screening process to find systems that work well when you are exploring new opportunities.

Export Your Signals...

Use Dakota's signals straight-away or export them for use in other trading software in a convenient text file format.

NO "Curve Fitting"
Dakota does not regress or "back test", it adapts its trading bots as they move forward through time.

Draw Information from the Knowledge Base
Dakota has a feature where you can opt-in and share your swarm building results and obtain the results of others... over 4,900 examples on over 600 tickers are available at your fingertips, so far, to date.

Dakota is a Community
Join-in the discussion group or capitalize on the shared results between Dakota users.  Unlike other financial tools, you are not alone with Dakota.

Dakota is Equity Focused
You trade to increase the money in your account, your software should do the same.  Dakota continually adapts trading system parameters to seek and maintain higher equity performance.