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Hi David –
I was a long time user of both MetaStock
and TradeStation, and have used most of the other system development platforms.
My switch from MetaStock to AmiBroker was based on many factors. Here are
a few of them:
1. MetaStock$B!G(Bs system description
language is very cumbersome. For example, having four separate boxes to
fill in for long entry, long exit, short entry, and short exit. AmiBroker$B!G(Bs
system description language is very full-featured and follows good programming
language design practices.
2. MetaStock has no easy way to
extend the language. AmiBroker can be easily extended through use of
modules written in C++, <span
>Delphi<font
size=2 color=navy face=Arial>, or Basic.
3. MetaStock gives no control over
the objective function used when searching / optimizing. AmiBroker
calculates and displays several metrics.
4. MetaStock works with a single
data stream at a time. AmiBroker has features that not only allow
computation of signals on one stream while trading another, but allows portfolio
rotation among a group of stocks or funds.
5. MetaStock technical staff told
me, in a telephone conversation, that there would be no enhancement to the
capabilities of MetaStock for several years. AmiBroker is being actively enhanced,
and suggestions from users of AmiBroker appear in the new versions regularly.
6. The MetaStock discussion groups
are pretty stale. The AmiBroker discussion groups are vibrant. Some
very smart people and very experienced traders regularly share their ideas.
A caution though. You will want to
brush up on your programming skills to get the most from AmiBroker.
Howard
-----Original Message-----
From: opvue2000
[mailto:opvue2000@xxxxxxxxx]
Sent: Friday, November 07, 2003
10:04 AM
To: amibroker@xxxxxxxxxxxxxxx
Subject: [amibroker] AmiBroker vs
Metastock
Hi, <span
>
Would any one like to comment on the value of
using AmiBroker vs
Metastock pleaee. I certainly prefer the look of
AB, but know little
about programming and coding, although I am
prepared to learn.
MS looks more user friendly, but I am aware that
it is also more of
a heavily marketed product. Meaning they want as
much of my money as
they can get.
Comments appreciated.
David.
<font size=2
face="Courier New">Send BUG REPORTS to
bugs@xxxxxxxxxxxxx<span
>
Send SUGGESTIONS to suggest@xxxxxxxxxxxxx
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Send BUG REPORTS to bugs@xxxxxxxxxxxxx
Send SUGGESTIONS to suggest@xxxxxxxxxxxxx
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Post AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx
(Web page: http://groups.yahoo.com/group/amiquote/messages/)
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