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Hi Adam
Excellant post. I'm certainly out of my depth in the many language areas. My
own irritation comes from "things not getting simpler" fast enough.
You wrote ... "I know many of you are saying "Use Microsoft Excel", perhaps
I will when Microsoft improves Excel's poor charts....until then......."
Metastock, I think, is an excellent charting program. Excel, although it can
chart stocks and other tradeables, will never compete in that area. It does
however, have a rich variety of charts to compensate for it's lack of depth
in the indicator and charting area.
Metastock is so good at what it does that my concern is that it keeps
traders focused on technical analysis to the exclusion of other types of
analysis.
In my own experience, Excel's strength is in number crunching. For example
the program that I'm writing can extend/expand my "core data" columns into
20+ extended analysis columns plus 10 or 12 additional charts at the touch
of a button. The enclosed chart is not as rich as a Metastock stock chart
but equally valuable to me in this particular area of analysis. The comments
in yellow were added later to discuss the strategy with another trader.
Best regards
Walter
----- Original Message -----
From: Adam Hefner
To: metastock@xxxxxxxxxxxxx
Sent: Sunday, November 07, 1999 9:06 PM
Subject: Why is everyone down?
I understand why everyone is disappointed about Visual Basic not being one
of the
supported languages......but lets think about this for a moment. Many of the
users
on this list are programming in VBA NOT VB, and I don't think Microsoft has
ever
intended to use VBA for compileing .EXEs or .DLLs ..... am I right? So that
means
many would need to do the minor switch to VB if it was supported. Equis may
have
been able to have MetaStock support VB, but chose to support a Microsoft
Win32s standard....to me this gives the USER many options of programming
language.
VBA and VB has (as Ton mentioned) a wide user base.....but by using the
Win32s
standard they are opening a door for third party development which widely
uses the
C++ language. Now if Visual Basic (created by Microsoft) is not compliant
with
this "Win32s" standard (also created by Microsoft) then who is also to
blame?
Lets analyze this from a different perspective......lets suppose that
MetStock somehow
supported VB but, there were no other languages supported. Who is to say
that with
the next release of Visual Basic that MetaStock 7.0 could use the new
added/changed
features of VB? So we would be waiting for a MetaStock patch/upgrade. But
with
the Win32s standard this shouldn't be a problem .If the next version of VB
supports the
Win32s...then most of the complaints will be void.
It has been mentioned about the cost of MetaStock + MetaStock External
Function
+ PowerBasic = 700 or more dollars. If MetaStock supported Visual Basic, how
much
would this total package cost? I think not including the MetaStock External
Function
with the charting package is good for the CONSUMER because not everyone is
interested in developing there own code....so should they be required to pay
the extra
cost for adding it with the software?
Most of you know that I am not affiliated with MetaStock nor are they
asking me
to promote there product, I am just glad to see this code limitation that
MetaStock
had, being addressed. This will be a much better option than the 2000 dollar
TradeStation.
I know many of you are saying "Use Microsoft Excel", perhaps I will when
Microsoft
improves Excel's poor charts....until then.......
Adam Hefner
Attachment Converted: "c:\eudora\attach\MAE Vs Profit chart.gif"
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