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RE: [amibroker] Re: IQFeed Problem; Open & Low = O for last day


  • To: <amibroker@xxxxxxxxxxxxxxx>
  • Subject: IQFeed has now the status of unsupported beta until the release of API 3.0 was: Re: [amibroker] Re: IQFeed Problem; Open & Low = O for last day
  • From: "Tomasz Janeczko" <amibroker@xxxxxx>
  • Date: Mon, 19 Apr 2004 02:40:38 -0700

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Ed,
 
Frankly speaking IQFeed API is populated with "issues" that I 
have reported to IQFeed staff ONE YEAR ago.
NONE of those "issues" were fixed till now. I have heard 
lots of promises from IQFeed that they will bring
API 3.0 that is supposed to fix the problems for months but no 
upgrade was released for one year now.
 
I have really way more important things to do 
than
trying to implement tens of workarounds that only partially 
fix problems in IQFeed.
If you say that QT works with IQFeed correctly then you are 
wrong. I have QT running too and it experiences
the whole bunch of problems running with IQFeed (especially 
problems with logging in, with working in multiple
application mode, with disconnections, bad 
ticks, etc, etc).
 
If you got the access to the IQFeed developer group you will 
see HUNDREDS of developers pointing out the SAME problems
with IQFeed.
 
For that reason effective immediatelly I change the 
status of IQFeed plugin.
 
Current status of IQFeed plugin is "UNSUPPORTED BETA" and will 
remain so until DTN IQ staff releases the IQFeed API 
3.0
that was promised one year ago.
<FONT 
size=2><FONT 
size=2>Best regards,Tomasz Janeczkoamibroker.com
<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  ed 
  To: <A title=amibroker@xxxxxxxxxxxxxxx 
  href="">amibroker@xxxxxxxxxxxxxxx 
  Sent: Monday, April 19, 2004 10:26 
  AM
  Subject: Re: [amibroker] Re: IQFeed 
  Problem; Open & Low = O for last day
  
  Hi Brian,
   
  I can understand your frustration 
  and I am not yet very happy with how IQFeed works with AB either. 
  What I understand from Amibroker is that IQFeed does not really cooperate 
  but I let Amibroker comment on that. Thing is that IQFeed does not 
  provide the dll files, Amibroker does. The errors you see are 
  due to errors in the Amibroker dll file. If this is caused by 
  the fact that Amibroker is not getting sufficient info from IQFeed I don't 
  know but Amibroker told me that fixing the problems has low priority 
  because there are only 6 IQFeed users. 
  <FONT face="Courier New" 
  color=#0000ff> 
  Further I am not a specialist on 
  these matters but I made several databases next to each other and never have 
  problems. When I had my eSignal trial I had a database based on 1-Minute and a 
  database based on "tick" data. If I wanted to use the ticks I just switched to 
  the other database. So I do 
  not really understand why you have these problems. If you make a database for 
  IQFeed and you make a seperate database for Lycos EOD then you should be 
  able to switch from one to the other. 
  I think maybe you should address 
  your questions to <A 
  href="">support@xxxxxxxxxxxxx
   
  Herman v Bergen has mentioned the 
  problem about not being able to use historical EOD data (of for instance 
  the Lycos database) to incorporate the data inside the intraday database in 
  order to calculate 200 EMA etc. See his posts for the solution they came 
  up with. It is not an easy solution I believe .... it involves work 
  ....
  <FONT face="Courier New" 
  color=#0000ff> 
  But I have to say that IQFeed 
  only provides the data. They have a charting package as well but you have to 
  pay extra. I think the data they provide are OK but the way Amibroker 
  treats them is not OK yet. If this is because Amibroker does not get 
  enough or proper information from IQFeed I don't know. But eSignal does not 
  come with any documentation for Amibroker as well so there is basicly no 
  difference in that respect. eSignal is also just a dataprovider. Documentation 
  on how to use these data inside Amibroker is not the responsibility of IQFeed 
  or eSignal it is the responsibility of Amibroker. If Amibroker offers their 
  program to work with IQFeed but that it doesn't work properly in practice it 
  is not the responsibility of IQFeed in my opinion. If the reason that it does 
  not work properly is caused by IQFeed then Amibroker should not offer it to 
  work with their program. But QuoteTracker also offers their program to work 
  with IQFeed and apparently this seems to work fine ...
   
  So I am waiting for an upgrade of 
  the IQFeed plugin which Amibroker will provide in the future. I notified 
  Amibroker about several problems: 1) the scan or explore rarely completes and 
  gets stuck during a backload 2) the newest plugin had a real strange problem 
  of plotting the same sequence of numbers on the chart without stopping. These 
  are my main problems. Further it would be nice to have some way to reduce the 
  spikes in the chart because some charts are unreadable due to all these 
  spikes.
   
  I tested eSignal and IQFeed and 
  the data of IQFeed come in just fine. The advantage of eSignal is like I 
  mentioned earlier: 1) the eSignal chart shows pre and afterhours data 2) the 
  backloaded data of eSignal are stripped from spikes.
   
  good luck,
   
  rgds, Ed 
   
    
    
   
  <FONT 
  face=Arial size=2>1) You cannot create more than one unique 
  database in AB as long as the database accesses IQFeed. This means you 
  have to choose between a unique EOD database, or a unique intraday 
  database, but not both (and I am not suggesting combining these two 
  databases into a single database, here).2) I tried using a free 
  Lycos EOD feed to use with a unique EOD database in AB, but as long as I 
  have created a unique intraday database in AB setup to use IQFeed, I 
  cannot access the Lycos feed for EOD data. It may work the first time, but 
  if you shut down and try it again, it will not work the second 
  time.3) IQFeed is limited to 35,000 1-minute bars (24 days) or 1,000 
  daily bars (choose one of these, or choose hourly, 15-minute, weekly, 
  etc.). The 24 days worth of 1-minute data makes it difficult to use 
  200-day or 50-day MAs (not enough data). Since you cannot use an EOD 
  database alongside an intraday database, you essentially cannot do any 
  reasonable EOD indicator analysis if you already have created a unique 
  intraday database.  In essence, the best approach seems to be to use 
  1-hour or 15-minute data, although that may be too confining as 
  well.4) I created a unique AB EOD database with IQFeed, using 200 
  symbols. I created another AB intraday database with IQFeed, using 300 
  different symbols (200 + 300 = 500 max symbols in IQFeed). Since IQFeed 
  does not allow multiple databases, the test failed.All of this left me 
  with a bad taste in my mouth. First off, I can't believe none of this has 
  been previously documented, anywhere, by the IQFeed service. In addition, 
  IQFeed's DLL files have a tendency to corrupt AB when you test certain 
  data scenarios. This means repeatedly uninstalling, and then reinstalling 
  AB and related components, in order just to test the limitations of 
  IQFeed. Nevermind losing all of your custom charts and layouts in the 
  process, since a full AB reinstall (i.e., a complete deletion of the 
  previous install) won't understand your backup chart and layout files 
  for whatever reason (someone smoking too much crack?).I feel IQFeed is 
  probably a good deal for the money, but without proper documentation the 
  service is a complete and absolute waste of time. If everyone has to go 
  through what I just went through to understand the real limitations of the 
  service when it's used with AB, there are going to be a lot of ticked off 
  IQFeed customers. Time = money. You'd think the IQFeed people would 
  figure this out and use this high-level conceptual thought in their basic 
  product marketing strategy. Monkeys behind the wheel, over there, 
  apparently. Got any over-ripe bananas I can chuck at their freakin' 
  hollow heads?Let me know if anyone can confirm any of my findings. 
  I was using the IQFeed.DLL plugin version 1.4.1 with IQFeed client version 
  2.2.7.2.Spending the $100 or $150 a month for eSignal (500 
  symbols) is probably entirely worth it, based on what I am finding with 
  IQFeed. Send 
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