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Re: [amibroker] Re: OT: eSignal Quotes



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Trading Reference Links

Hello,

Belive it or not but I actually used ALL feeds that I wrote plugins for and
I have quite a bit experience about features of each feed. 
Not only I have tried them but I have also know everything about API each of
one data feed offers and this knowledge tells way more about feed capabilities
than ordinary user experience.
So when I tell you that some feed is better than the other you can safely bet on it.

> You won't get much from Esignal for $99/month. If you want to scan
> 500 symbols then it costs $395/month. Compared to this MyTrack's
> $99/month looks like a bargain.
> MyTrack's estimated symbol limit for US stocks is 500.

500 symbols in myTrack is theory. In practice it fails to work reliably way sooner.

> the cut off is not based on any fixed number of symbols but on the
> bandwidth that you use.

Exactly. And their bandwidth limit actually saturates pretty soon because
the BACKFILL requires lots of bandwidth and their theoretical symbol count 
is estimated WITHOUT accounting for backfill. Once you start backfills, their feed
saturates quickly. Not to mention that their intraday backfill is limited to 30 days max (after increasing
their previous limit of 15 days).
Also they enforce "Throttling" of backfills, and it means you can not issue backfill request
more often than ONCE per second (so to issue request to backfill 500 symbols you would need 
500 seconds (roughly) 10 minutes - not counting time required to actuall download the data
which is order of magnitude higher. This means that in reality trying to backfill 500 symbols
using myTrack may take even an hour)
See Mr. Muller (myTrack SDK programmer statement) here:
http://groups.yahoo.com/group/Mytrack_sdk/message/5222

"The server will throw away any requests that it receives within 1 second
of a request that it processed.
So your requests should be paced at least 1 second apart."

eSignal is way more flexible in this area.
Also 100 symbols in eSignal costs $75 per month (not $99) or even $49/month if you prepay for one year.
That is half of what myTrack wants you to pay. 
And eSignal gives 120 days 1-minute backfill (4x more than myTrack).

Plus even with 100 symbol subscription you can perform bigger scans.
The only requirement is to have AmiBroker Professional version and "Wait for backfill"
flag turned ON. In practice it works actually faster than myTrack's theoretical 500 symbols.
I know what I am talking about because I have access to BOTH feeds.

> Instead of discontinuing support for MyTrack you could try to ask
> them to give you special status like that enjoyed by SierraChart or
> InvestorRT whose customers have to pay only ($25+$20)/month for
> access to MyTrack's RT feed and do not need to open brokerage
> account.

You have old information ...

$25+$20 pricing was true for all users (including AB) UPTO DECEMBER 31, 2004 only.

Starting January 1st, 2005 all myTrack subscribers (including SierraChart and InvestorRT)
are subject to NEW TERMS which were outlined below, i.e. $99/month for feed PLUS account fees,
OR at least $195/month (15 trades per month) in commissions (then SDK feed is waived).
You can verify this information here:
http://www.mytrack.com/sdk.html

> If you refer MyTrack's managers to all AmiBroker's Yahoo
> groups they will hopefully realize that they have great chance to
> substantially increase MyTrack's customer base.

Belive me I have been there and done that.
MyTrack is brokerate and they are not interested in data business.

There was heated discussion about this on mytrack_sdk group
more than one year ago
http://groups.yahoo.com/group/Mytrack_sdk/messages

My private recommendation is: don't waste your time on myTrack.

Best regards,
Tomasz Janeczko
amibroker.com

----- Original Message ----- 
From: "LV" <ebsn247@xxxxxxxx>
To: <amibroker@xxxxxxxxxxxxxxx>
Sent: Friday, February 04, 2005 11:51 AM
Subject: [amibroker] Re: OT: eSignal Quotes


> 

>  I could
> actually get 1000 Canadian symbols (through SierraChart software).
> The catch is that Canadian stocks usually don't trade 10 ticks or so
> per second like some US stocks. According to MyTrack's support staff
> the cut off is not based on any fixed number of symbols but on the
> bandwidth that you use.
> 
> Instead of discontinuing support for MyTrack you could try to ask
> them to give you special status like that enjoyed by SierraChart or
> InvestorRT whose customers have to pay only ($25+$20)/month for
> access to MyTrack's RT feed and do not need to open brokerage
> account. If you refer MyTrack's managers to all AmiBroker's Yahoo
> groups they will hopefully realize that they have great chance to
> substantially increase MyTrack's customer base.
> 
> And even for $99/month MyTrack is still ok.
> 
> Regards,
> 
> LV
> 
> 
> --- In amibroker@xxxxxxxxxxxxxxx, "Tomasz Janeczko" <amibroker@xxxx>
> wrote:
>> Hello,
>> 
>> Official statement from myTrack is below.
>> What it means is that you have to open account with them (minimum
> deposit of $500)
>> and pay minimum $99 per month for the data (if you do not meet $195
> in commissions per month).
>> 
>> $99/month is way more expensive than eSignal.
>> 
>> Best regards,
>> Tomasz Janeczko
>> amibroker.com
> 
> 
> 
> 
> 
> 
> 
> Check AmiBroker web page at:
> http://www.amibroker.com/
> 
> Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html 
> Yahoo! Groups Links
> 
> 
> 
> 
> 
> 
> 
>


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