[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

[amibroker] Re: 'Rule Based' versus 'Discretionary' trading...



PureBytes Links

Trading Reference Links

As an aside, I'm not entirely conviced that the AmiBroker's user base
is as skewed towards 'rule based' traders as you might think... when
the thread 'Anyone actually making money?' was active as many
discretionary based traders came forward as 'rule based'.

However, I accept that the general public love a bit of 'rule based'
trading and from a marketing perspective it probably gets people in
the door in terms of AmiBroker's initial sales. How many of those
users actually go on to be genuine hard and fast rule based traders...
well, my guess is it's a pretty low percentage.

--- In amibroker@xxxxxxxxxxxxxxx, "how97" <101.158294@xxx> wrote:
>
> I believe it is clear that the large majority of the AB users want 
> to have the possibility for rule-based trading, backtesting, 
> automatic analysis, automatic trading etc. For that group Amibroker 
> is just excellent and it is constantly enhanced in these 
> possibilities. And that is what the large majority of its users 
> wants. And AB strongly supported by its users and driven by their 
> wishes.
> 
> The large majority of users is clearly not the discretionary 
> traders. These may need better or specialized charting. That may 
> well be. If this better charting software exists already as you are 
> saying, why are you not using it, why did you come here to AB? What 
> were you looking for? 
> 
> I think it is also a clear preference of Tomasz to develop AB into a 
> direction where most of its users wants to ahve it. And that is 
> good. A lot of the stuff in AB is much too complex if you are just 
> looking for other kinds of charting. So why bother? You need to use 
> a different software. 
> 
> By the way: In my opinion AB allows excellent charting.
> 
> Regards
> how97
> 
> --- In amibroker@xxxxxxxxxxxxxxx, "sidhartha70" <sidhartha70@> 
> wrote:
> >
> > From my perspective, and this is really why I connected charting to
> > the ideas of 'rule based' vs 'discretionary' trading... if you are 
> a
> > discretionary trader, from a software perspective it is ALL about
> > visibility. If the software you are using doesn't or can't give you
> > the best visibility available then you are at a disadvanatge. You
> > can't make sensible discretionary trading decisions without being 
> able
> > to see how current market structure has evolved, what market 
> dynamics
> > are at play, how the auction process is evolving at different time
> > frames etc..etc.. You simply don't get that from bar & candle 
> charts.
> > 
> > Hence my obsession with Market Profile & Equivolume and generally 
> more
> > accessability and adaptability to AmiBroker's charting facilicites.
> > 
> > Currently it's a fabulous piece of software, particualrly for 'rule
> > based' traders.... But probably a less fabulous piece of software 
> for
> > discretionary day traders for example. But of course, I appreciate,
> > it's hard to be all things to all men...
> > 
> > --- In amibroker@xxxxxxxxxxxxxxx, Ken Close <ken45140@> wrote:
> > >
> > > One simple suggestion for charting improvement:
> > > 
> > > Put in the ability to insert a "Tab" character in a Title 
> statement
> > in order
> > > to make it easier to produce multi-line tables with "columns" 
> left
> > justified
> > > no matter how many decimal places in previous values in the same 
> row.  I
> > > have done it via complex IIF statements but how nice it would be 
> to
> > insert
> > > the code for a tab character to create columns.  No, I do not 
> want to do
> > > this with the gfx commands (too complex for this application).
> > > 
> > > Ken 
> > > 
> > > -----Original Message-----
> > > From: amibroker@xxxxxxxxxxxxxxx 
> [mailto:amibroker@xxxxxxxxxxxxxxx]
> > On Behalf
> > > Of Tomasz Janeczko
> > > Sent: Monday, August 18, 2008 4:33 PM
> > > To: amibroker@xxxxxxxxxxxxxxx
> > > Subject: Re: [amibroker] 'Rule Based' versus 'Discretionary' 
> trading...
> > > 
> > > Hello,
> > > 
> > > Not wanting to hijack this thread but whenever I ask about some 
> itemized
> > > list of what is exactly "weak" in AB charting, I don't receive 
> any
> > > meaningful reply. I would really want to know some objective list
> > instead of
> > > statements I heard on ET that "charts are ugly" which for me
> > unfortunatelly
> > > means nothing, considering the hunderds of ways charts can be 
> customized
> > > according to user taste in AB.
> > >
> >
>



------------------------------------

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

<*> To visit your group on the web, go to:
    http://groups.yahoo.com/group/amibroker/

<*> Your email settings:
    Individual Email | Traditional

<*> To change settings online go to:
    http://groups.yahoo.com/group/amibroker/join
    (Yahoo! ID required)

<*> To change settings via email:
    mailto:amibroker-digest@xxxxxxxxxxxxxxx 
    mailto:amibroker-fullfeatured@xxxxxxxxxxxxxxx

<*> To unsubscribe from this group, send an email to:
    amibroker-unsubscribe@xxxxxxxxxxxxxxx

<*> Your use of Yahoo! Groups is subject to:
    http://docs.yahoo.com/info/terms/