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Re: [amibroker] Wealth Lab v. Amibroker



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TJ,
I want to Thank you for helping me and putting up 
with my slowness in learning Amibroker and its functions. I am really enjoying 
the Indicator Builder and Automatic Analysis. 
I have a questions related to scanning. I get my 
data from TC2000. 
1)I canin TC limit 
my stocks/Universe to a price limit (like only view stocks that fall withina 
certain price range) Can I limit like that with Amibroker?
2) Amibroker is helping me to backtest andfind a 
trading system to fit me. How can I then scan for stocks that fit that system or 
criteria?
 
I have read ahead and saw the features in Amibroker 
Version 4 which I see will answer my questions by directly linking into TC2000, 
but I was looking to see if or how I can do it now?
 
Thanks,
 
Brian
<BLOCKQUOTE 
>
----- Original Message ----- 
<DIV 
>From: 
Tomasz Janeczko 

To: <A title=amibroker@xxxxxxxxxx 
href="">amibroker@xxxxxxxxxxxxxxx 
Sent: Friday, December 07, 2001 6:36 
AM
Subject: Re: [amibroker] Wealth Lab v. 
Amibroker
Hello,Wealth-Lab is a nice product, but it is hard 
to compare it toAmiBroker because while Wealth-Lab is strictly 
focusedon trading system development, AmiBroker takes broader 
approachto technical analysis.I probably can not be objective 
comparing AmiBroker to WealthLab (sorry),so let me show just a few 
things.As far the languages are considered: WealthScript is powerful, 
greatfor trading system development, but still (AFAIK) you can not do 
composite indicators as describedin the <A 
href="">http://www.amibroker.com/newsletter/12-2001.htmlIn 
AmiBroker you can link fundamental data from outside (seePeter Gialames's 
Float analysis) and use it in scans/back tests.WealthScript performs 
operations bar by bar therefore slowerthan array-based AFL. Try optimizing 
your trading systemon 1000 stocks and you will see what is the 
difference.The comparision is also troublesome because WealthLab 2 
sells for $500while AmiBroker is $69.Bottom line:If the price 
is not your concern and all you want to do is tradingsystem development 
then WealthLab is worth considering.On the other hand :-)As 
AmiBroker evolves pretty fast, it will pass all the competition soon 
:-)Best regards,Tomasz Janeczkoamibroker.com ----- 
Original Message ----- From: "bmizrach" 
<mizrach@xxxx>To: 
<amibroker@xxxxxxxxxxxxxxx>Sent: Friday, December 07, 2001 12:54 
PMSubject: [amibroker] Wealth Lab v. Amibroker> I am in the 
process of selecting some TA software, and have narrowed > it downto 
Wealth Lab and Amibroker. I am not concerned about the > price of the 
programs(development time dwarfs the cost of the > software.)> 
> I would be interested in hearing your opinions about the relative 
> merits of the two systems. The Wealth Lab language seems more 
> powerful, but the ability to use VBScript or _javascript_ I think 
> negates this advantage.> > b.> > 
>  > > Your use of Yahoo! Groups is subject to <A 
href="">http://docs.yahoo.com/info/terms/ 
> > > Your 
use of Yahoo! Groups is subject to the <A 
href="">Yahoo! Terms of Service.