|
PureBytes Links
Trading Reference Links
|
Similar topic just came up on TradeStation list. Anyway, this is what I had
to say about it then. I understand that Metastock also has the DLL
capability, but in my opinion in order to get to the functionality level of
TS, you may need some major software development in C++ or VB. TS Pro,
however, is supposed to solve the data problems.
Ivo
> -----Original Message-----
> From: Ivo Karindi [mailto:ivo@xxxxxxxxx]
> Sent: Friday, December 22, 2000 10:17 AM
> To: omega-list@xxxxxxxxxx
> Subject: RE: TradeStation Pro Review
>
>
> Metastock 7.0 is extremely easy to use - very user-friendly.
> I do not use
> it very often, but I have never met with any bugs. It has
> very good data
> reliability, you can get continuously corrected real-time
> quotes. TS is on
> the other side of the spectrum. Expext numerous bugs,
> shortcomings, it's
> sometimes pretty cumbersome to use, sometimes does very odd
> things that can
> only be fixed by rebooting. And quite bad real-time data
> capability as
> well.
>
> All said, TS has tremendously more functionality. In
> EasyLanguage, you can
> actually *program* whatever you want. And if there's even
> more that you
> want, you can write your own dll's, and make TS to run these.
> With TS it is
> possible, for example, to write a routine in Matlab that does
> various matrix
> manipulations, and get TS to run it (of course, you would need some
> additional software to accomplish this), and then display the
> result of your
> analysis on a custom-programmed, sophisticated 3d interface. Here,
> Metastock falls to the other end of the spectrum. Of course,
> they call
> their formula-building capability also a "language", but it
> has not evolved
> out of the cave yet - you will get very frustrated if you
> want to program
> anything more than a simple indicator.
>
> So my conclusion is that if you need good data managing capability,
> extremely good reliability with real-time data, and do not
> plan to trade
> very sophisticated technologies, get Metastock Pro. However,
> if you want
> more "scientific" work, you may have to get TS. We do all
> testing in TS.
> But we expect to convert all our trading to MS Pro soon.
>
> Ivo
----- Original Message -----
From: Kevin Johnson
To: metastock@xxxxxxxxxxxxx
Sent: Sunday, January 28, 2001 4:09 PM
Subject: new user questions
Hi,
I'm currently trying out MetaStock Pro (ver7) on a 30 day trial basis. (I
trade full-time and am primarily a short-term swing trader, 2-5 days to
several weeks)
I'm sure many of you considered and/or tried out other trading/analysis
software before ultimately deciding on MetaStock (MS).
Can anyone offer an opinion of:
1) how MS stacks up against other competitors (i.e., Omega Tradestation,
AIQ, OmniTrader (which I realize is a "horse of a different color"), etc.).
and,
2) what was it about MS that ultimately persuaded you to purchase it as
opposed to one of its competitors.
Thx in advance.
~ Kevin J.
|