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Hello Dimitris
The only problem that I see with AmiBroker right now is that is
does't seem to have a user friendly script writer. One has to have a
programmer experience to easily pick it up. There is a program called
PowerTech by Investor Allinace which is supposed to have a user
friend script writer by choosing words like price volume, greater
than, moving average, etc. and writes the code be hind the seens. The
code can be evaluated and changed mannully. However, the company has
not released any versions for over a year because of programming
problems. Software is free with membership and include free daily
data downloads.
I have not purchased the book called "Beating The Trend" yet. It is
considered a trendreversal formula. I know individuals at another
Yahoo forum that have purchased the book and tweaked the formula in
their Metastock program or the software that comes with the book. If
your purchase the book you can write the script in AmiBroker. My
internet friends are willing to assist me in their modifications.
They claim they have made good money with it in this choppy market.
The website is www.beatingthetrends. E-Book costs about $50 dollars
and you get trial version of software with program already built in.
I hope that answers your question.
--- In amibroker@xxxx, "dtsokakis" <TSOKAKIS@xxxx> wrote:
> Hi mroman59,
> Your mail makes me wonder :
> 1. Do you know any software covering your 10 points plus details ?
> If any, please advise.
> 2. Any reference for your "Beating the Trend" system ?
> If it is available to you, I am sure you will have at least 5 full
> codes+backtesting+modifications+suggestions in the next 24h.
> I will appreciate your comments,
> Dimitris Tsokakis
> --- In amibroker@xxxx, "mroman59" <mroman59@xxxx> wrote:
> > 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.
> >
> > 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?
> >
> > 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.
> >
> > 4. Can one trade through the program, granted that the brokerage
> firm
> > allows for such a link between the program and their server?
> >
> > 5. Is the download of data from Yahoo seamless and free from
Yahoo?
> >
> > 6. Can one download historical data from yahoo for stocks so that
> > backtesting can be performed?
> >
> > 7. Does Amibroker generate automatic buy and sell signals with
> built
> > in technical analysis indicators, like other programs do such as
> > omnitrader?
> >
> > 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.
> >
> > 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?
> >
> > 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?
> >
> > Thank You for and information you can provide. I greatly
appreciate
> > your imput and mention about other applications that you have
used.
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