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I hve used Metastock (too limited), TradeStation (too pricey), Dynamic Trader (somewhat pricey, but gorgeous charts), Fibonnaci Trader (no longer unique), Ensign, Sierra Charts and QCharts (ho hum), and Neo Ticker (not as user friendly or intuitive IMO), and one or two others whose names I can't recall.
Amibroker can do anything the programs above can do, barring some proprietary indicators (but if you can figure out the code, you can program AmiBroker to do it). The only other thing that AB can't do is plot indicators beyond the rightmost bar on the chart (e.g., displaced moving averages), but I think a few of us have suggested it be considered in some future update. PLEASE, PLEASE, PLEASE!!!
Every update Tomasz releases contains something of practical value. If a given release contains bugs, they get handled quickly (or so I gather from the comments I read).
I'm still struggling to learn the AFL, but there are usually enough formulas already posted so that understanding it is not TOO awfully difficult. I could still use an "AFL For Dummies" reference, because I tend to make it harder than it has to be. Probably the only way to make the AFL approach better would be to have AmiBroker write the code itself, based on verbal command in your natural language.
I guess the bottom line is this: if you've been looking for a program that can do almost everything NOW, and perhaps will in the future, and has support that is EXCELLENT, then AmiBroker is the end of your search.
Just in case yopu wonder, I have no affiliation with AmiBroker or its staff, apart from being a very happy owner.
DC
----- Original Message -----
From: leading_indicator_1
To: amibroker@xxxxxxxxxxxxxxx
Sent: Friday, October 15, 2004 2:45 PM
Subject: [amibroker] How does Amibroker compare against the rest
Would like to hear your opinions. If you have had a chance to use
other similare software (wealth-lab, tradestation, metastock...) how
does amibroker compare against them? It obviously beats them when it
comes to price but are you satisfied? Pros and Cons, limitations,
bottom line?
I just installed trial version and have intraday strategies that I
would like to try out. Not sure yet if Amibroker can do the job.
Thanks for all your answers.
Check AmiBroker web page at:
http://www.amibroker.com/
Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html
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