I have to disagree a bit with Joe.
I agree if all you want to do is perform
BASIC scans and filters. Very basic!
But the problem with TC is that you
quickly run into a wall…
For example, using Linear Regression
lines, I perform a scan where:
1) the stock is in a list of tradable symbol
and
2) the long term trend of a symbol is up, and
3) the short term trend is down, and
4) the short term trend of Twiggs Money
Flow is up (divergence), and
5) the symbol is NOT in a list of manually
excluded symbols, and
6) the symbol is NOT already in a target
short list
7) the symbol is NOT already in a target
long list.
I tried this in TC…
Number 1 is easy.
Numbers 2, 3 and 4 (using Money Stream
instead) are a 19 step manual process!!!
Numbers 5, 6 and 7 are NOT possible!!!
TC has its benefits. But sophisticated
scanning is NOT one of them.
As you probably already figured out, I use
TC for data only.
Regards,
Dan.
From: amibroker@xxxxxxxxxxxxxxx
[mailto:amibroker@xxxxxxxxxxxxxxx] On Behalf
Of Joe Landry
Sent: Monday, June 20, 2005 4:59
PM
To: amibroker@xxxxxxxxxxxxxxx
Subject: Re: [amibroker] TC2005
& Amibroker
If all you want to do is
scans/filters then TC2005 will be all you need.
However if you ever want to backtest or
use a custom indicator that the Worden brothers didn't include in their
package then you're out of luck.
When I subscribed to TC2000 it was for the
data, preliminary scans, and industry groups. Now I'm using
QP3, quotes plus 3 for mutual funds and
stocks for less than TC2000, but I don't get intraday delayed quotes
on stocks. I do get realtime
data from my broker but I can't run the signal routines that will tell me if a
signal will
----- Original Message -----
Sent: Monday, June 20,
2005 6:42 PM
Subject: [amibroker] TC2005
& Amibroker
I notice there are a number of users of both TC2005 and
Amibroker. I
currently use TC2005 and am on the trial month for
Amibroker. I'm
very impressed with Amibroker and wonder what
those of you who use
both do in TC2005 that you can't do in
Amibroker. Or is TC2005 just
for the data? I haven't worked with AFL much but I
assume that it is
capable of performing any scans that I can do with
TC2005. Is this
not the case?
I'm on a tight budget and can probably only afford
one of these
programs right now.
Thanks for replies.
Please note
that this group is for discussion between users only.
To get support from AmiBroker please send an
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SUPPORT {at} amibroker.com
For other support material please check also:
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Please note
that this group is for discussion between users only.
To get support from AmiBroker please send an
e-mail directly to
SUPPORT {at} amibroker.com
For other support material please check also:
http://www.amibroker.com/support.html
Please note that this group is for discussion between users only.
To get support from AmiBroker please send an e-mail directly to
SUPPORT {at} amibroker.com
For other support material please check also:
http://www.amibroker.com/support.html
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