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[EquisMetaStock Group] Re: How was Metastock written? Jose



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Apologies if I gave the wrong impression about MetaStock.
My only disappointment with MetaStock comes from the current lack of 
development and vision from Equis/Reuters - the team there seems to 
be on dead water at the moment.

MetaStock is not the latest rocket science, but it is the most 
(personally) productive charting & system development tool that I 
know of.  It's very rare nowadays for me to use other tools for 
system development.

The more I get to know MetaStock (and other tools), the more I 
appreciate its fine balance of power and simplicity.

As for any MetaStock plugin suggestions, one would first need to 
define a broad (and personal) trading strategy, and only then go 
looking for the tools to make the task easier.  Doing it the other 
way around often leads to disappointment, whether its building a 
personal trading strategy or building a house.

I often get asked if the MACDH/All-In-One Divergence kit is a good 
trading system, and how it fares in backtesting, etc.  I tend to 
discourage potential buyers of this nature, and usually reply that 
the kit is just another (albeit powerful) trading tool and not a 
complete trading strategy on its own.
http://www.metastocktools.com/MACDH/MACDHdiverg.htm

However, every fourth or fifth kit information request comes from 
traders who understand and use divergence within their trading, and 
are looking for a tool to augment and compliment their existing 
strategy.
http://www.metastocktools.com/MACDH/Forex.htm
This is a very good way to look at all trading tools, including 
MetaStock.


> What were you thinking moving during Thanks giving:)

What was I thinking moving... period.  :)


jose '-)
http://www.metastocktools.com




--- In equismetastock@xxxxxxxxxxxxxxx, k j <mytakeismine@xxx> wrote:
>
> Jose Thanks
>   I didn't quit understand your first reply almost as though you
> were disappointed with metastock and it not being updated but the
> fact that you still use it is what I need.
>   What about power pivots or suggestions on any plug-ins or
> add-ons.... WHEN YOU GET THE TIME. What were you thinking moving
> during Thanks giving:)  EAT WELL thanks for your insight.
>    
>   mytakeismine  
> 
>
>
>
> Jose Silva <josesilva22@xxx> wrote:
>
> mytakeismine, charting speed is almost insignificant in the bigger 
> scheme of things, i.e. trading successfully. Charting is just a 
> (almost essential) tool - a broad strategic picture is infinitely 
> more useful in trading.
> 
>
>> If this program is so slow why haven't they updated it?
> 
> MetaStock is not slow - the speed bottleneck is usually somewhere 
> between the keyboard and chair. ;)
> 
>
>> You said people have left for amibroker were you referring to 
>> programers or users? 
> 
> Both. People leave, new people come all the time. Real traders seem 
> to stay behind, so MetaStock has a strong core following there, but 
> not so strong on the geek side.
> 
>
>> Have you checked out amibroker or written any plugins for that 
>> program?
> 
> I use AmiBroker sometimes, but generally stick to MetaStock as it 
> much more productive for me.
> 
>
>> Oh what do you think of "ICE"
> 
> It seems to be a curve-fitting tool. Curve-fitting to past results 
> generally leads to future disappointment.
> 
>
>> I hope my questions don't compromise your position
> 
> No compromise - just very short on time, as I'm in the middle of a 
> very big house move.
> 
> jose '-)
> http://www.metastocktools.com
>
>
>
> 
> --- In equismetastock@xxxxxxxxxxxxxxx, 
> "mytakeismine" <mytakeismine@> wrote:
>
> Jose I have checked out other sites in regards to metastock 
> downloads and or files and have seen your name so I suspect you
> have been useing metastock and programing for it for sometime.
> 
> If this program is so slow why haven't they updated it? 
> You said people have left for amibroker were you refering to 
> programers or users? 
> Have you checked out amibroker or written any plugins for that 
> program?
> There are a lot of good plugins for metastock can amibroker compare?
> (Maybe You can't answer thatone)
> Jose I really appreciate you answering my earlyer questions, I just 
> bought this and have done a little programming with databases and I 
> know some programs don't do global number crunching in a timely 
> manner and that is the reason I'm asking. Oh what do you think 
> of "ICE"
> 
> Hey thanks again
> I hope my questions don't compromise your position
> mytakeismine
>
>
> 
> --- In equismetastock@xxxxxxxxxxxxxxx, "Jose Silva" <josesilva22@>
> wrote:
> 
>> Are there any geeks that can answer a few questions about some of
>> the newer computer tech and Metastock.
> 
> They've all moved on to AmiBroker - only traders left here. ;)
> 
> 
>> 1)Is this a 32 bit or 64 bit program. ie.windows xp 64 benefits?
> 
> Glorified 16 bit.
> 
> 
>> 2)Does Metastock benefit from dual procs (smp?)
> 
> It benefits from half of any dual core processing.
> 
> 
>> 3)How memory intensive. (will utilise 1gig 2gig or more)
> 
> It will take all the memory you throw at it, and then more.
> And it won't give it back.
> 
> 
>> 4)Does Metastock handle all plugins and add-ons equal. (some are 
>> written better than others) 
> 
> Depends - badly written code will not work properly on the best 
> software.
> I can only speak for my own plugins - they all work perfectly in 
> MetaStock v8.01 or higher:
> 
> http://www.metastocktools.com/MACDH/MACDHdiverg.htm
> http://www.metastocktools.com/MACDH/96diverg.htm
> http://www.metastocktools.com/URSC/URSC.htm
> http://www.metastocktools.com/Rev2/Rev2.htm
> http://www.metastocktools.com/ADT/ADT-ASX.htm
> 
> 
>> 5)When getting into charts do things slow down. (video card makes 
>> a difference) 
> 
> Sometimes. Make sure you always have the latest video drivers 
> installed in your PC.
> 
> 
>> Re: How was Metastock written?
> 
> Legend has it that MetaStock was written on a small beer coaster 
> during an evening's session at some local drinking hole back in the
> 70's. Apparently version 0.01 only had one small bug (MeatStock, 
> later renamed to MetaStock), but this was corrected and it now has 
> many more to choose from. ;)
> 
> 
> jose '-)
> http://www.metastocktools.com
> 
> 
> 
> 
> --- In equismetastock@xxxxxxxxxxxxxxx, 
> "mytakeismine" <mytakeismine@> wrote:
>
> Are there any geeks that can answer a few questions about some of
> the newer computer tech and Metastock.
> 
> 1)Is this a 32 bit or 64 bit program. ie.windows xp 64 benefits?
> 2)Does Metastock benefit from dual procs (smp?)
> 3)How memory intensive. (will utilise 1gig 2gig or more)
> 4)Does Metastock handle all plugins and add-ons equal. (some are 
> written better than others) 
> 5)When getting into charts do things slow down. (video card 
> makes a difference) 
> 
> Thanks for any help
> mytakeismine






 
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