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


  • To: <amibroker@xxxxxxxxxxxxxxx>
  • Subject: Re: 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: "ed" <ed2000nl@xxxxxxx>
  • Date: Mon, 19 Apr 2004 02:49:48 -0700

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OK thanks Tomasz. Maybe it is hopeless then to wait 
for IQFeed and I will consider switching to eSignal as well. 
 
Also IQFeed told me that they would implement the 
"second stamp" to their data in the spring. I don't think it has been 
implemented yet.
 
rgds, Ed 
<BLOCKQUOTE dir=ltr 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  Tomasz Janeczko 
  
  To: <A title=amibroker@xxxxxxxxxxxxxxx 
  href="">amibroker@xxxxxxxxxxxxxxx 
  Sent: Monday, April 19, 2004 11:39 
  AM
  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
  
  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<FONT face="Courier New" 
    color=#0000ff> 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 BUG 
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