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RE: beyond Metastock



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Walter.  Wow, that's deep!!!  Oops, thought I was still back in the 60s.
<VBG>  I know I was there and had fun because my friends told me I did.

Again, my latest problem with MetaStock is its lack of precision in
calculations.  When I contacted tech support they asked me what indicators I
was using.  I told them none of their preprogrammed ones and that they were
all homegrown.  I never heard back from them.  Equis is lucky that there are
so few of us who have developed our own systems, putting their calculation
engine to the test.  I can't imagine why they can't duplicate my results
from TAS, Clipper or Excel.  Their calculations are 99% right (for my work).
Unfortunately, close is not quite good enough and the one signal they screw
up on is an important signal that runs over 90% correct.  Doesn't happen
often, but when it occurs, I would appreciate knowing about it since it
makes a lot of money for us.

Thankfully, being an OLD (really old) programmer, I always run parallel for
a while and this popped up.

BTW, I was serious.  If you need anything shipped from the US, I'll be glad
to help you out.  You never know, I might need the favor returned some day,
like Cuban cigars (even though I quit smoking 25 years ago, I have friends
who would hand over their first born for some). <G>

Regards

Guy

-----Original Message-----
From:	owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]
On Behalf Of Walter Lake
Sent:	Tuesday, August 24, 1999 4:35 AM
To:	Metastock bulletin board
Subject:	beyond Metastock

Hi Guy and Daniel

"... For most MetaStock users, I believe the MS Excel/MetaStock combo is
plenty.  Most users, myself included, don't know how to program in Visual
C++.  It would also be time consuming. ..."

The major problem that Metastockers have in moving to additional programs
... whether they be Excel or VB or Visual C++ ... is how to use it in their
trading.

Guy identified specific purposes that he has. As a spread trader I have
specific uses for Excel etc.

No one has written an article on the uses of Excel for trading and universe
of stocks screening.

We shall all have to wait and see what direction Metastock is going in with
version 7.0. Then the future will be a little clearer.

As discussed earlier ... reluctance to rely on a retail version of a program
is a reason why many traders turn to programming.

Another reason ... is the tremendous bias the retail program puts on your
trading thinking / mind set. I have to remind myself daily that technical
analysis is only one piece of the puzzle.

Each trader has to find his own market or structural inefficiency to make
money in. Going there is often off the beaten pathway with all of
existential terrors of emptiness and nothing-ness and unknowing-ness as your
friend.

Happy trails

Walter