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Hello,
The others already answered most of your questions so I will just
give you a quick answers.
----- Original Message -----
From: "mroman59" <mroman59@xxxx>
To: <amibroker@xxxxxxxxxxxxxxx>
Sent: Tuesday, April 23, 2002 12:51 AM
Subject: [amibroker] To all AmiBroker users - Questions
> I have just found advertisement for AmiBroker and I am trying to
> figure out if the program will meet my needs. I must say for the
> price it appears impressive, but I would like some imput from users.
> It appears that it is free download for trial period, so I will do
> this and try to get a feel for what the program can do.
>
> 1. Has anyone used MetaStock and if so can you give me your opinion
> on the similarities, pros and cons, capabilities etc. of the two
> programs? I am looking into purchasing MetaStock but it is a bit
> pricy and data download by 2nd party is costly.
1. As far scanning/backtesting is considered AFL is more powerful.
>
> 2. My main interest is to be able to screen stocks based on my onw
> price and volume criteria. For example, stocks with 3 consecutive
> increases in combination with double its 3 month avg volume for any
> given period of time or 13 dma > 30 dma etc. No fundamental data will
> be required but is a plus. Can it do this?
2. Yes it can:
buy = Filter = ROC( C, 3 ) > ROC( C, 2 ) AND ROC( C, 2 ) > ROC( C, 1 ) AND
( Volume > 2 * MA( Volume, 65 ) OR MA( Close, 13 ) > MA( Close, 30 ) );
>
> 3. After stocks are screened according to my criteria, then have the
> ability to back test all screened stocks and rank them by greatest
> return. Can it do this.
3. You can put the result of your scan to the watch list.
Later on you can run any backtest on this watch list.
>
> 4. Can one trade through the program, granted that the brokerage firm
> allows for such a link between the program and their server?
4. Not yet.
>
> 5. Is the download of data from Yahoo seamless and free from Yahoo?
5. Free yes. Seemless - in most cases yes, but from time to time Yahoo seem to delay
historical server updates and then you need to use "Current" mode of AmiQuote
>
> 6. Can one download historical data from yahoo for stocks so that
> backtesting can be performed?
6. Yes.
>
> 7. Does Amibroker generate automatic buy and sell signals with built
> in technical analysis indicators, like other programs do such as
> omnitrader?
7. Yes. You can generate buy/sell/short/cover signals from any indicator or
the combination of indicators.
>
> 8. has anyone tried to program Amibroker to use the formulas provided
> by the book called Beating the Trend? You can find it by performing a
> website search. If so, how easy was it to program according to this
> formula.
>
8. I don't have this book.
> 9. What does Amibroker have in to do with the following
> advertisement:
> -rewritten database handling: abstract data access layer allowing
> direct access to QP2/TC2000/Metastock databases without the need to
> import (3.84+)
> -pre-written direct data feed DLLs from Quotes Plus (3.84+), TC2000,
> Metastock databases (3.87+)
> - a "summary-only" mode in the backtester providing 2-3 times faster
> backtesting of large databases (3.87+).
> - support for money management (position sizing) in
> backtester/optimizer (3.90)
>
> My question again, I thought that data feed was free from Yahoo?
You can use multiple data sources with AmiBroker. Free yahoo quotes
is one possiblity but some people choose QP2/TC2000 data for easy of management,
reliability, additional features (like fundamental data in QP2)
> 10. Is it true that the cost is only $79, after trial date is up?
> There appears to be upgrades in the works i.e. AmiBroker 4.0
> versions. How much does it cost for upgrade versions?
Yes. $79 is one-time fee for regular version. Real time (to be released soon) will cost $199.
You get 5 free upgrades (or one year) for regular version. The upgrade from regular to RT
will cost $50 (only for current users, later on will cost $119)
Best regards,
Tomasz Janeczko
amibroker.com
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