Zorro - Automated Financial Trading Tool
Welcome to the Zorro project! The idea behind this software is simple: Let some wily machine redistribute money from the rich to the poor.
Zorro is a tool for financial analysis and algorithmic
trading. It is not a 'robot' and not a trading platform, but has
some elements of both. Technically it's a software development
system specialized on trading, statistics, and machine learning.
It can be used for quickly creating financial programs or trading
strategies, training their neural networks or optimizing their
parameters, backtesting them with several methods, and trading
them automated with online brokers.
Zorro was designed to beat the world financial system with its own weapons, by tapping into the money flows of the financial markets. In order to find the right moment to buy and sell, Zorro uses algorithms that detect anomalies in price curves, such as the beginning of a trend or cycle. Such anomalies allow short-term price prediction under certain conditions (read here how this works). Once set up, Zorro trades fully autonomous and can operate without human interaction.
Zorro is a community project. It's free because we believe that a huge number of people should
understand the financial markets and participate in their profits. Here's why:
- Technical progress has enormously boosted productivity worldwide and is still increasing it at a rate of about 2% per year. Theoretically, we needed to work four days less every year for producing the same goods and earning the same income.
- However it does not happen this way. Producers use productivity boosts for reducing costs - mostly wages and salaries. This is supposed to improve their profits, but it also has an adverse affect. Layoffs, unemployment, subsequent demand shortfall and economic crises eat a large part of the benefits from increased productivity.
- The remaining excess profits are invested - however not in production of goods, but in financial assets. Hedge funds, investment banks, and trading firms circulate an immense money volume (up to seven trillion US$ per day) through the financial markets, this way creating a shadow economy that largely surpasses the market of real products and services. It consumes most rewards of technical progress, and gives back occasional market crashes and financial crises.
- But it also offers the opportunity to redistribute some of the excess profit back from the rich to the poor. Providing many people with a small but regular trading income will take liquidity out of the financial markets and inject it back into the production cycle. This will boost demand worldwide and soften the world's economical problems.
Zorro comes with several built-in trade strategies that are intended for generating a regular income. However its main purpose is helping people to
understand, analyze, experiment with, and exploit the financial
markets. For this it contains an algorithmic trading course and a serious strategy development system (learn more here). All this is free.
In return, go through the courses, learn algorithmic trading, and develop own trading strategies. Share them with others, and attack the world financial markets with many different ideas and methods.
Zorro version 1.66.5 was released and is available on the download page. This version
offers a self-verification algorithm for live trading, improved machine learning
algorithms, a new Z strategy, and many other new features and improvements. The complete feature list can be found on the What's New page.
A comparison table of Zorro vs. TradeStation™ vs. Metatrader™ can be found on the FAQ page.