Ivey’s Rizm platform differs from Quantopian in that it offers algorithmic trading to people who can’t code and don’t want to learn how. In Rizm, users drag and drop modules to build strategies–throw in a Bollinger Band indicator, set the terms (buy at the lower band, sell at the upper), toss in a stop-loss module, enter the stocks to track and voila.
“It’s infinitely scalable,” says Ivey. “You can nest as many strategies as you want, and it will just keep getting bigger and bigger.”
Rizm has its detractors. Programming snobs scoff at the inherent limitations of drag-and-drop algorithms.
http://www.forbes.com/sites/jeremybogai ... investors/
