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Theo,
I would have to disagree with you regarding the MS "language". Between having to "fix" its subtraction calculations to it's inability to calculate my indicators, I've had to give up on using it as a programming language, per se. And yes, I do know how to program, having done it for over 40 years now. I think my problem with MS is that I program our system using very structured code and my calculations go down several levels. Even converting everything over to using their variable capabilities, I am nowhere near reaching the limits described in the manual. According to the manual, I'm probably not using 10% of MS's calculation capabilities and it still dies. After spending months and months working on it, I finally gave up.
I had taken the approach of adding one variable at a time and checking the results against intermediate results from two other systems. MS finally reached a poing where it wouldn't accept any more calculations. I know this for a fact since when I reached this point, I tried several different calculations, mostly very simple ones, and MS choked on all of them. When calculating our indicator, I only plotted the one I was working on in order to eliminate any conflicts, etc. It was taking upwards of a minute to calculate 6 months worth of data. Our short-term indicator takes approximately 3 to 5 seconds to process the same time period.
We're still running our longer-term signals in Clipper under DOS.
My hardware is: PII-400MHz, 196MB RAM, 13GB disk, Win98SE and a bunch of other stuff. My brother just upgraded to a 1.3GHz P-IV, but since he lives 350 miles away, I wasn't able to see if this would make a difference in MS, but my thought is probably not. I'll be upgrading later this year, so I might try MS again, one more time, but won't spend much time on it as it hasn't proven cost effective.
It's really a pain, since we're unable to automate any of our backtesting without using these indicators. We're still doing them in Excel, mostly by hand.
Regards,
Guy
<<Ivo
"
Of course,
> > they call
> > their formula-building capability also a "language", but it
> > has not evolved
> > out of the cave yet - you will get very frustrated if you
> > want to program
> > anything more than a simple indicator.
"
I donot agree on this statement : i have a complicated indicator
system working Realtime in MS.
Theo Lockefeer.
----- Original Message -----
From: "Ivo Karindi" <ivo@xxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Monday, January 29, 2001 7:38 PM
Subject: RE: new user questions
> Similar topic just came up on TradeStation list. Anyway, this is what I
had
> to say about it then. I understand that Metastock also has the DLL
> capability, but in my opinion in order to get to the functionality level
of
> TS, you may need some major software development in C++ or VB. TS Pro,
> however, is supposed to solve the data problems.
>
> Ivo
>
> > -----Original Message-----
> > From: Ivo Karindi [mailto:ivo@xxxxxxxxx]
> > Sent: Friday, December 22, 2000 10:17 AM
> > To: omega-list@xxxxxxxxxx
> > Subject: RE: TradeStation Pro Review
> >
> >
> > Metastock 7.0 is extremely easy to use - very user-friendly.
> > I do not use
> > it very often, but I have never met with any bugs. It has
> > very good data
> > reliability, you can get continuously corrected real-time
> > quotes. TS is on
> > the other side of the spectrum. Expext numerous bugs,
> > shortcomings, it's
> > sometimes pretty cumbersome to use, sometimes does very odd
> > things that can
> > only be fixed by rebooting. And quite bad real-time data
> > capability as
> > well.
> >
> > All said, TS has tremendously more functionality. In
> > EasyLanguage, you can
> > actually *program* whatever you want. And if there's even
> > more that you
> > want, you can write your own dll's, and make TS to run these.
> > With TS it is
> > possible, for example, to write a routine in Matlab that does
> > various matrix
> > manipulations, and get TS to run it (of course, you would need some
> > additional software to accomplish this), and then display the
> > result of your
> > analysis on a custom-programmed, sophisticated 3d interface. Here,
> > Metastock falls to the other end of the spectrum. Of course,
> > they call
> > their formula-building capability also a "language", but it
> > has not evolved
> > out of the cave yet - you will get very frustrated if you
> > want to program
> > anything more than a simple indicator.
> >
> > So my conclusion is that if you need good data managing capability,
> > extremely good reliability with real-time data, and do not
> > plan to trade
> > very sophisticated technologies, get Metastock Pro. However,
> > if you want
> > more "scientific" work, you may have to get TS. We do all
> > testing in TS.
> > But we expect to convert all our trading to MS Pro soon.
> >
> > Ivo
>
>
>
> ----- Original Message -----
> From: Kevin Johnson
> To: metastock@xxxxxxxxxxxxx
> Sent: Sunday, January 28, 2001 4:09 PM
> Subject: new user questions
>
>
> Hi,
> I'm currently trying out MetaStock Pro (ver7) on a 30 day trial basis. (I
> trade full-time and am primarily a short-term swing trader, 2-5 days to
> several weeks)
>
> I'm sure many of you considered and/or tried out other trading/analysis
> software before ultimately deciding on MetaStock (MS).
>
> Can anyone offer an opinion of:
>
> 1) how MS stacks up against other competitors (i.e., Omega Tradestation,
> AIQ, OmniTrader (which I realize is a "horse of a different color"),
etc.).
>
> and,
> 2) what was it about MS that ultimately persuaded you to purchase it as
> opposed to one of its competitors.
>
> Thx in advance.
>
> ~ Kevin J.
>
>
>
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