[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: Metastock vs. Amibroker



PureBytes Links

Trading Reference Links

David,

I don't think Metastock has changed significantly for a long time - all the
changes have been what I would class as cosmetic peripheral stuff - none of
the essential fundamental TA facilities have advanced at all e.g. system
tester, Formula Lanuguage. The MS exits still work the same.

IMO Equis is not the company it was - I think the new Reuters masters have
different business priorities and product development plans from the Equis
of old i.e. now it is web centric software and information/data feed
services. For this reason I would be surprsied if Equis ever produces any
really significant updates to the MS EOD version - goodness knows users have
been asking long enough for some pretty basic enhancements and they've all
fell on deaf ears.

With regard to Amibroker it is a *far* more capable TA and Trading System
development tool than MS in all respects except charting. However Amibroker
is scheduled to get a new charting engine next year which, judging by other
aspects of the AB product, will be at least be the equal of MS charting.
There is also a RT version of Amibroker coming very soon and money
management. The *key* point about Amibroker is the attitude (and ability) of
the developer - he listens to what his users want, discusses release
schedules openly and delivers on his promises  - the complete opposite to
Equis IMO.

The only reason I continue to use MS is for charting. Once AB  charting is
enhanced I expect to drop MS altogether.

BTW entries and exits in Amibroker can be programmed to virtually anything
you want.

HTH
John

----- Original Message -----
From: "David DeFina" <ddefina@xxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Tuesday, November 27, 2001 4:43 PM
Subject: RE: Metastock vs. Amibroker


> I haven't been on the boards for awhile.  How does Metastock compare to
> Amibroker now days?  I've been frustrated with Metastock because you can't
> enter and exit Intraday via limit or stops, only H,L,C or O.  Has anything
> changed in this regard?  I have version 7.2 of Metastock.  Thanks, Dave D.
>
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]On
> Behalf Of Gerald Novak
> Sent: Nov 27, 2001 5:54 AM
> To: metastock@xxxxxxxxxxxxx
> Subject: RE: Support & Resistance?
>
> Maybe a dumb question Frans, but when I place the formula for R1 -
> If(Ref(HIGH,-4)=HHV(HIGH,9),Ref(HIGH,-4),PREVIOUS)
> in an indicator, I get a continuous line.  Did you manually alter the line
> at all?
>
>
> I tried putting the resistance formulas in an exploration to look for
> crossings but it was tremendously slow.
>
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Frans Derksen
> Sent: Tuesday, November 27, 2001 12:46 AM
> To: metastock@xxxxxxxxxxxxx
> Subject: RE: Support & Resistance?
>
>
>
> Gerald,John,Lionel et all.
>
> See attachement.
>  Blue= support
>  White is= resistance
>
> This is for the S1 and R1 formula's.
>
> I use MS EOD 7.02 and just copied and pasted the formula's from the
> Equis-site.
>
> I don't know how to put these into the Explorer but there must be a (easy)
> way........
>
> Regards,
> Frans
>
> At 10:09 AM 11/25/2001 -0600, you wrote:
> >Frans -
> >Thanks for the help.
> >Am I to assume that I would make an indicator for each: S1, S2,
> >...WSO,...R1...etc and then reference those in explorer in a filter (as
in
> >the Enter Long)?
> >
> >
> >-----Original Message-----
> >From: owner-metastock@xxxxxxxxxxxxx
> >[mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Frans Derksen
> >Sent: Saturday, November 24, 2001 2:49 PM
> >To: metastock@xxxxxxxxxxxxx
> >Subject: Re: Support & Resistance?
> >
> >
> >
> >Gerald et all,
> >
> >My suggestion:
> >
> >Go here: http://www.equis.com/customer/support/formulas/cf00090.html
> >
> >Put those in the explorer and off you go.
> >
> >Enjoy your weekend.
> >Frans
> >
> >At 04:42 PM 11/23/2001 -0600, you wrote:
> >>Gerald:
> >>You have a valid point. You have to decide how far back you want to
look.
> >>Lionel Issen
> >>lissen@xxxxxxxxxxxxxx
> >>----- Original Message -----
> >>From: "Gerald Novak" <gnovak@xxxxxxxxx>
> >>To: <metastock@xxxxxxxxxxxxx>
> >>Sent: Friday, November 23, 2001 2:46 PM
> >>Subject: RE: Support & Resistance?
> >>
> >>
> >>> Price Channel is OK, but it doesn't have any "smarts" behind it. You
> >can't
> >>> really use LowestSince because you don't know how far back to go to
get
> >>the
> >>> lowest, or, in the case of upper, the peaks...
> >>>
> >>>
> >>> -----Original Message-----
> >>> From: owner-metastock@xxxxxxxxxxxxx
> >>> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Lionel Issen
> >>> Sent: Friday, November 23, 2001 1:10 PM
> >>> To: metastock@xxxxxxxxxxxxx
> >>> Subject: Re: Support & Resistance?
> >>>
> >>>
> >>> Metastock has a price channel indicator. This might be of help
> >>> Lionel Issen
> >>> lissen@xxxxxxxxxxxxxx
> >>> ----- Original Message -----
> >>> From: "Gerald Novak" <gnovak@xxxxxxxxx>
> >>> To: "list Group Metastock (E-mail)" <metastock@xxxxxxxxxxxxx>
> >>> Sent: Friday, November 23, 2001 11:24 AM
> >>> Subject: Support & Resistance?
> >>>
> >>>
> >>> > Does anyone use Metastock Explorations to determine
> Support/Resistance?
> >>> > I know that I can visually determine a line over the past X months,
> but
> >>> I'm
> >>> > wondering if there is an approximate formula that can be applied to
an
> >>> > exploration to determine those stocks hitting up against support  or
> >>those
> >>> > stocks hitting up against resistance.
> >>> >
> >>> > Jerry
> >>> >
> >>>
> >>
> >>
> >
> >
>