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I posted this because of concern that AmiBroker can get virtually
hijacked by a few users who insist on saving a few dimes on the data
feed. This happened to another charting program that I know.
I have a few friends who actually have an account with IB and some of
them recommend to always stay a few months behind the latest release
of TWS because the new releases are so buggy.
Maybe Tomasz should consider sending an e-mail survey to all users
asking if they intend to use IB as a data feed. Then he could
allocate the time he devotes to working on IB plugin according to the
results of the survey (eg. 0.5% of his time devoted to IB, 99.5%
devoted to other areas).
Lesmond
--- In amibroker@xxxxxxxxxxxxxxx, "Joe Landry" <jelandry@xxxx> wrote:
> Hear Hear! Thanks Lesmond for putting a perspective on this.
>
> Seems like that's all I see on this forum is IB problems being
worked and I and 20 of my AB friends
> in our user groups could care less about using IB.
>
> Joe
> Houston
> ----- Original Message -----
> From: Lesmond V
> To: amibroker@xxxxxxxxxxxxxxx
>
> Regarding a number of posts on this forum related to problems
with IB
> data feed here is my comment.
>
> Any charting software that supports data from InteractiveBrokers
is
> in the same position as AmiBroker. Minor and major glitches that
are
> quickly patched up by charting program's developers and which
> reappear a few days/weeks later in the same or different form with
> the introduction of the newer version of TWS (which is often full
of
> bugs of its own).
>
> In addition to AmiBroker I also use SierraChart and the ratio of
data
> feed problems reported on their support message board is roughly
as
> follows:
>
> IB: 20 problems
> MyTrack: 1 problem
>
> About the same holds true on this forum where the ratio of
problems
> between IB feed and eSignal is about 20:1 as well.
>
> InteractiveBrokers is primarily a brokerage and not a data feed.
> Users get the data for free as a bonus. They get what they pay
for.
> Anybody daytrading futures should be able to pay $70/month for the
> real feed like eSignal and IB should be considered only as a
backup
> feed.
>
> While it's understandable why some users like the idea of using IB
> data, the reality is that fixing all the bugs endlessly generated
by
> lousy programming on IB's end takes lots of time that AmiBroker's
> developer could spend on enhancing other areas of his excellent
> product.
>
> In short, with all due respect to all users of IB data, my
suggestion
> is:
>
> consider IB as a backup feed only and use something else as a
primary
> feed.
>
> Lesmond
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