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[amibroker] Re: test



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I have used MetaStock for about 18 years and I can tell you that 
their backtesting capabilities fall far short of those in Amibroker.  
As Tomaz and the report he linked to on searchwarp both stated, all 
MetaStock backtesting is limited to single-security testing.  It has 
no capability to do security selection nor can it properly handle 
multiple positions in a portfolio.

--- In amibroker@xxxxxxxxxxxxxxx, "metastockv10" <metastockv10@xxx> 
wrote:
>
> Hi Tomasz,
> thank you for that link.
> I just can't belive it. Making my research (based on opinions of 
other
> users - I am not experienced enough to have my own opinion) it
> appeared that MS is one of the best AT programe. 
> Since "system tester" is found as a one of the most important 
features
> in that kind of programme, how aplication which has a tester not
> working propely can be admitted as one of the best.
> I also can't believe that they haven't improved it yet. It seems 
like
> users noticed that few version of MS ago.
> That is a big POINT for you - they can't do what you did. 
Congratulations.
> 
> Thanks again for your explanations, it was very helpful for me.
> Best regards 
> pat
> 
> 
> --- In amibroker@xxxxxxxxxxxxxxx, "Tomasz Janeczko" <groups@> wrote:
> >
> > > so, can I say, that Metastock will tell how much you can make 
but not
> > > how much you have to invest in it?
> > 
> > No. You will get results that have nothing common with reality.
> > 
> > Use www.google.com and you will easily find why MS tester is 
flawed. 
> > One of hits: http://searchwarp.com/swa18259.htm
> > (This is for version 8 but it did not change in version 10 as 
well)
> > 
> > Best regards,
> > Tomasz Janeczko
> > amibroker.com
> > ----- Original Message ----- 
> > From: "metastockv10" <metastockv10@>
> > To: <amibroker@xxxxxxxxxxxxxxx>
> > Sent: Saturday, October 06, 2007 7:42 AM
> > Subject: [amibroker] Re: test
> > 
> > 
> > > Thank you so much for this explanation Tomasz,
> > > so, can I say, that Metastock will tell how much you can make 
but not
> > > how much you have to invest in it?
> > > best regards and once again thank you for your patience.
> > > pat
> > > 
> > > --- In amibroker@xxxxxxxxxxxxxxx, "Tomasz Janeczko" <groups@> 
wrote:
> > >>
> > >> Metastock tester is NOT doing portfolio backtest but a set of N
> > > individual single-symbol tests without reference to each other.
> > >> Like you were having N-individual accounts and N-times the 
funds. So
> > > if you say test on 500 stocks it assumes you have 500x the 
> > >> money.
> > >> Simply not realistic.
> > >> 
> > >> AmiBroker does the right thing. It simulates common account and
> > > trades all securities from single account with trades on one 
> > >> security potentially
> > >> influencing others by decreasing/increasing account funds as 
in real
> > > life.
> > >> 
> > >> Best regards,
> > >> Tomasz Janeczko
> > >> amibroker.com
> > >> ----- Original Message ----- 
> > >> From: "metastockv10" <metastockv10@>
> > >> To: <amibroker@xxxxxxxxxxxxxxx>
> > >> Sent: Friday, October 05, 2007 10:43 PM
> > >> Subject: [amibroker] Re: test
> > >> 
> > >> 
> > >> > Tomasz,
> > >> > I have read this chapter about portfolio based backtesting. 
It
> is said
> > >> > that portfolio is your equity+ sum of open positions. 
Basicly i
> think
> > >> > i got it how it works in AB
> > >> > Could you tell me what they mean in Metastock by portfolio -
> beacause
> > >> > it is said that during testing you can opitimize your 
portfolio. Do
> > >> > they mean something else by that?
> > >> > And how it can work without positioning function - It is 
going
> to buy
> > >> > one kind of security for your whole money?
> > >> > I am sorry that I am asking you about MS - I know you can 
just
> don't
> > >> > care...but it is hard to find all those things from their
> manual and
> > >> > as far as i am concerned you are preety oriented in MS also.
> > >> > I just need to catch some basic differences about MS and AB.
> > >> > Thanks in advance for your help
> > >> > best regards pat
> > >> >
> > >> >
> > >> > --- In amibroker@xxxxxxxxxxxxxxx, "Tomasz Janeczko" <groups@>
> wrote:
> > >> >>
> > >> >> Hello,
> > >> >>
> > >> >> You can use simple EMA cross over for example
> > >> >>
> > >> >> Buy = Cross( Close, MA( C, 50 ) );
> > >> >> Sell = Cross( MA( C, 50 ), Close );
> > >> >>
> > >> >>
> > >> >> IN "MS" speek it would be
> > >> >> Cross( Close, Mov( C, 50, "S" ) )
> > >> >>
> > >> >> Cross( Mov( C, 50, "S" ), Close )
> > >> >>
> > >> >>
> > >> >> But frankly speaking the comparision you are trying to do 
makes
> > > no sense
> > >> >> for one fact: MS is not true porfolio-level backtester. 
They allow
> > >> > to run on basket,
> > >> >> but it is not true portfolio-level backtest with one shared
> equity,
> > >> > without dynamic
> > >> >> positionscoring/rotation and scaling. There is simply no
> comparision
> > >> > between AB and MS.
> > >> >>
> > >> >> Also to see real differences in speed you would need to run
> serious
> > >> > backtest
> > >> >> on for example more than 100000 intraday bars (MS can't do
> that - it
> > >> > is limited to 65000)
> > >> >> or on entire US market (8000+ symbols - again MS can't do 
that
> - its
> > >> > database is limited to 6000 symbols).
> > >> >>
> > >> >> Best regards,
> > >> >> Tomasz Janeczko
> > >> >> amibroker.com
> > >> >> ----- Original Message ----- 
> > >> >> From: "metastockv10" <metastockv10@>
> > >> >> To: <amibroker@xxxxxxxxxxxxxxx>
> > >> >> Sent: Friday, October 05, 2007 12:39 PM
> > >> >> Subject: [amibroker] test
> > >> >>
> > >> >>
> > >> >> > Hi,
> > >> >> > does any one can tell me if I can find somewhere, examles 
of
> > > systems,
> > >> >> > which i can use both in Amibroker and Metastock. What I 
would
> > > like to
> > >> >> > do is to insert this system to Amibroker and Metastock 
and run
> > > it on
> > >> >> > both of theme. Then I would like to compere the results. 
It
> > > should be
> > >> >> > something that will take to test about one minute - it 
can be
> > >> >> > something very simple becose then you can't notice the
> > > differences. I
> > >> >> > know I should write something like that by my self but I 
can't
> > > and I
> > >> >> > am runnig out of time, so there is no chance i will learn 
it so
> > > fast.
> > >> >> > I just need those results. ANy one can help me with that? 
I
> can see
> > >> >> > that testing speed is a hot topic today here because of 
new
> > > update of
> > >> >> > Amibroker.
> > >> >> > Best Regards
> > >> >> > Pat
> > >> >> >
> > >> >> >
> > >> >> >
> > >> >> > 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 NEW RELEASE ANNOUNCEMENTS and other news always check
> DEVLOG:
> > >> >> > http://www.amibroker.com/devlog/
> > >> >> >
> > >> >> > For other support material please check also:
> > >> >> > http://www.amibroker.com/support.html
> > >> >> >
> > >> >> > Yahoo! Groups Links
> > >> >> >
> > >> >> >
> > >> >> >
> > >> >> >
> > >> >> >
> > >> >>
> > >> >
> > >> >
> > >> >
> > >> >
> > >> > 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 NEW RELEASE ANNOUNCEMENTS and other news always check 
DEVLOG:
> > >> > http://www.amibroker.com/devlog/
> > >> >
> > >> > For other support material please check also:
> > >> > http://www.amibroker.com/support.html
> > >> >
> > >> > Yahoo! Groups Links
> > >> >
> > >> >
> > >> >
> > >> >
> > >> >
> > >>
> > > 
> > > 
> > > 
> > > 
> > > 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 NEW RELEASE ANNOUNCEMENTS and other news always check 
DEVLOG:
> > > http://www.amibroker.com/devlog/
> > > 
> > > For other support material please check also:
> > > http://www.amibroker.com/support.html
> > > 
> > > Yahoo! Groups Links
> > > 
> > > 
> > > 
> > > 
> > >
> >
>




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 NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG:
http://www.amibroker.com/devlog/

For other support material please check also:
http://www.amibroker.com/support.html
 
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