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Re: [amibroker] Re: Use Tradestation in place of Esignal/MyTrack/Amibroker/Sierra



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Hello,

Thank you for the greetings.

I think you should take a closer look at AmiBroker because
in fact it already has almost each and every feature you have mentioned as missing.

> Its Easy Language, scrolling of windows so you can see more than 7 
> charts in one window itself,

Possible in AB currently. You can actually have UNLIMITED number of charts in single window.

> System testing, backtesting, 

Also in AB currently and in way more sophisticated than in Tradestation 
(i.e AmiBroker supports portfolio-level backtesting and optimization, while TS does NOT)

> portfolio management, 
Present in AB.

> alerts, 
already available in AB. See AlertIF function.

> various studies and vast indicators which have 
> been written over all these years, 
Yes we may have less indicators in AFL library

> applying one  indicator over another indicator(Like RSI of CCI)
It was always possible, but now it is also VERY SIMPLE with
drag and drop interface
http://www.amibroker.com/video/dragdrop1.html

> In AMI you have to code  for al lthese 
Not true. With drag and drop interface you don't need to write code for
even complex indicators. As far as scanning / exploration codes are considered
there is a program called PowerScan http://www.amitools.com
that will write formulas for you.

>and if you get a pre-written code yo uahve to struggle 
> with its bugs. 
??

> Ami is not object oriented thjats its problem wit hthe charting.

As far as drawing objects are considered the charting is "object-oriented".
The new drag-drop interface for indicators gives you actually more than
classic "OO"-ala-metastock approch.
Why? Simply because AB's drag-drop writes actual formula for you that
you can LEARN FROM and use later in some other formulas.
AmiBroker's new interface glues drag-and-drop ease-of-use TOGETHER WITH power of formulas.

With classic ala-metastock approach, yes you can "drag" indicators
but ...nothing more... you can not see the "composite" formula you can not
learn how it is built and you can not reuse it.


Best regards,
Tomasz Janeczko
amibroker.com
----- Original Message ----- 
From: "sinhavishal" <sinhavishal@xxxxxxxxxxx>
To: <amibroker@xxxxxxxxxxxxxxx>
Sent: Monday, February 07, 2005 10:37 AM
Subject: [amibroker] Re: Use Tradestation in place of Esignal/MyTrack/Amibroker/Sierra


> 
> 
> Happy b'day Tomasz!
> 
> I agree Richard Tomasz is a great guy with lots of good work and I 
> personally like AB.
> 
> But this is business and we have to make sure we are using the tools 
> which are perfect and help us in trading without wasting much of our 
> time.
> 
> I regret to say AB is far from this yet. The way its going it may 
> reach there in 3 years time but not yet.
> 
> Tradestation 8 is very powerfull and the comments which I had here 
> were about previous version of TS2000i. Tradestation 8 is a totally 
> different product though built on the same principles.
> 
> Its Easy Language, scrolling of windows so you can see more than 7 
> charts in one window itself, System testing, backtesting, portfolio 
> management, alerts, various studies and vast indicators which have 
> been written over all these years, a big user base, applying one 
> indicator over another indicator(Like RSI of CCI) and many other 
> features like that which are so easy to use. In AMI yo uhave to code 
> for al lthese and if you get a pre-written code yo uahve to struggle 
> with its bugs. Ami is not object oriented thjats its problem wit hthe 
> charting.
> 
> Ami's charting is very primitive at the moment. I have to still see 
> the new beta version. AB is the best EOD trading tool but for not 
> real time day trading. Look at its real time options it can't even 
> give you real tick charts unless you use esignal. Why will I use AB 
> when I already have esignal? Esignal's charting is the best.
> 
> For your information, I am a member of one of the very popular 
> trading rooms on HOTCOMM( Woodies room  )with atleast 750 traders 
> online at any moment. Most of these traders are day traders and deal 
> future which is a very fast moving market. I have not seen a single 
> user there posting AMIBROKER chart on this website.
> 
> They all use, post and recommend esignal/sierra/Tradestation.
> Compared to esignal and sierra, Tradestation is on much above field 
> and is generally used by professional institutional traders.
> 
> Earlier TS used to be very expensive but with their rates coming down 
> due to more competion from IB and esignal I personally think TS 8 is 
> the best and worth its money which can aid in your trading.
> 
> Just $99 a month with chepest brokerage rates and you get everything 
> in one place. I do not see any such offer from any package/data 
> vendor/Broker.
> 
> Thanks
> Vishal
> 
> 
> time--- In amibroker@xxxxxxxxxxxxxxx, "Richard Harper" 
> <rdharper@xxxx> wrote:
>> Tomasz;   
>> 
>> Hard work, talent, and a bit of genius is a pretty good 
> prescription for success in any field.
>> 
>> Happy Birthday!
>> 
>> Richard
>>   ----- Original Message ----- 
>>   From: Tomasz Janeczko 
>>   To: amibroker@xxxxxxxxxxxxxxx 
>>   Sent: Saturday, February 05, 2005 3:41 PM
>>   Subject: Re: [amibroker] Re: Use Tradestation in place of 
> Esignal/MyTrack/Amibroker/Sierra
>> 
>> 
>>   Wow... Everybody Thank You !  
>> 
>>   Did you somehow find out that I have a birthday tommorrow and 
> because of that you are saying all those nice things ???
>> 
>>   You don't have idea how much I appreciate the support all of you 
> have been giving to me over years.
>>   This all has happened because you belived in me, invested your 
> money and invested lots of time learning a new program.
>>   This happened because everyone started to spread the word about 
> AmiBroker and more and more people
>>   became aware that such product exists and it is worth looking at. 
> This happened because you had enough patience
>>   to explain your needs and enough patience to wait for the 
> implementation. 
>> 
>>   I thank everyone here for so much valuable feedback. AmiBroker 
> would not evolve so much without all
>>   the suggestions, ideas , comments, spreading the word and all 
> kind of support I have received from all of you.
>>   Thank you !
>> 
>>   Best regards,
>>   Tomasz Janeczko
>>   amibroker.com
>> 
>> 
>>     ----- Original Message ----- 
>>     From: Herman van den Bergen 
>>     To: amibroker@xxxxxxxxxxxxxxx 
>>     Sent: Saturday, February 05, 2005 11:17 PM
>>     Subject: RE: [amibroker] Re: Use Tradestation in place of 
> Esignal/MyTrack/Amibroker/Sierra
>> 
>> 
>>     The best thing about AmiBroker is that if you want a special 
> feature and it is reasonable Tomasz probably adds it to the program. 
> On this list you will find countless people who CAN DO WHAT THEY WANT 
> TO DO only because Tomasz listened and added the required features. 
> He has done this hundreds of times, for many people. I myself still 
> grumble a bit now and then (just like you i want it yesterday!) but 
> over the years I have seen so many requests implemented that I don't 
> even dare to quess how many there may have been. I am sure this is 
> the case for many others as well.
>> 
>>     So, Tomasz, I take this opportunity to say "Thank You" just 
> once more.
>>     ...be it a love-fest or not :-))))
>> 
>>     Herman.
>> 
>> 
>>       -----Original Message-----
>>       From: mikelaurataylor [mailto:mikelaurataylor@x...]
>>       Sent: Saturday, February 05, 2005 4:21 PM
>>       To: amibroker@xxxxxxxxxxxxxxx
>>       Subject: [amibroker] Re: Use Tradestation in place of 
> Esignal/MyTrack/Amibroker/Sierra
>> 
>> 
>> 
>>       I'll add one more thought.
>> 
>>       I've just been going through the process myself; having both 
> sent in 
>>       an application for Tradestation to cover my bases about 2 
> weeks ago 
>>       (not activiated it yet) - and, being a current IB trader; 
> having 
>>       purchased Amibroker.    During this process I tried to answer 
> the 
>>       same question you are grappling w/.
>> 
>>       One reason I decided to start w/ AB and see how far it can 
> take me 
>>       is that one of my strategies deals w/ shorting stocks and I 
> read on 
>>       another board that TS brokerage offers about 3000+ shortable 
> stocks, 
>>       while IB offers over 5000+ shortable stocks.   I don't know 
> if that 
>>       is 100% accurate or not (pulled it from another board) but it 
>>       influanced my decision to start here.
>> 
>>       Also, I don't know how the programming languages compare but 
> despite 
>>       a bit of a learning curve I'm extremely impressed in about 1 
> week w/ 
>>       the product.  It is clearly extremely powerful.   Also, 
> having sent 
>>       about 10 questions to support to help get over humps I've 
> been 
>>       impressed that for the most part they have all been responded 
> to 
>>       very quickly.
>> 
>> 
>> 
>> 
>> 
>>   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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>>       
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> Service.
> 
> 
> 
> 
> 
> 
> 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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