I think..TradeStation is a good product. If you own it you can program Trend Following rules and save some time. Is it absolutely needed? No. The bottom line is that you have many choices in the tools you use to trade. But don't kid yourself. Fancy charts, bells, whistles won't help you to make money. The reason why so many older methods of trading automation work well is because as a Trend Follower you have a longer time frame for decisions. The issue of purchasing the latest and greatest hardware and software becomes a moot point. If you are trading tick by tick day trading or arbitrage, you might need super computing horsepower.
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