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RE: [amibroker] AmiBroker vs Metastock



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Hi David –

 

You can download the manual, so you can
reference it when not online.  

 

Also, download the history of Yahoo
AmiBroker postings.

 

Howard

 



-----Original Message-----
From: David Harrison
[mailto:opvue2000@xxxxxxxxx] 
Sent: Sunday, November 09, 2003
5:00 PM
To: amibroker@xxxxxxxxxxxxxxx
Subject: RE: [amibroker] AmiBroker
vs Metastock

 



Hi Howard,





 





Thank you very much for taking the time to reply. Your comments are
much appreciated, and taken to heart. From reading the posts within the user
group I agree with your observations.





 





It is the programming language that I will need help with. Do you think
the online PDF manual will be sufficient, and /or do you have any other
readings to recommend.





 





Again, thank you for your valuable time.





 





David.

Howard Bandy
<howardbandy@xxxxxxxxx> wrote:





Hi David &#8211;

 

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”Ēs 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”Ēs 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++, Delphi, 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

 

<font size=2
face="Courier New">Hi, <font
size=2 face="Courier New">
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.

<span
>David.<font
size=2 face="Courier New">






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<font size=2
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Post AmiQuote-related messages ONLY to:
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Send BUG REPORTS to bugs@xxxxxxxxxxxxx
Send SUGGESTIONS to suggest@xxxxxxxxxxxxx
-----------------------------------------
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(Web page: http://groups.yahoo.com/group/amiquote/messages/)
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