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Great Post. I agree with you completely.
I find it particularly irritating that Equis refuses to add features
that are important to people who actually trade. Even simple things
like ability to enter/exit on STOP or LIMIT has been ignored for years.
Three years ago when I really began using MetaStock it was by far the
most elegant product and (contrary to TradeStation) actually could run
for a while whiteout crashing. Now even that edge is disappearing.
Off soapbox ... Allan
--- John R <jrdrp@xxxxxxxxxxxxxxxx> wrote:
> GlacierMickey,
>
> I have to agree with you that on the information I have seen to date
> V7.2 release looks poor value. After reading the Equis PR release it
> was not clear to me what exactly was new or improved from V7.03. I
> therefore emailed Equis support yesterday and asked specifically:-
> 1. If System Tester now works across multiple selected securities
> simultaneously.
> 2. If Internet integration feature is now fully customisable by users
> (I am in UK so hard coded US site links are useless to me).
> 3. Are the new 26 "Trading Systems" which are included customisable
> by users or are they just closed black boxes like many of the Experts
> shipped with Metastock.
> 4. Have any improvements been made to formula language.
> 5. Is there a comprehesive list of all the new features and
> improvements in V7.2 from V7.03 (not just a Press Release).
> When I get a reply will post info here.
>
> IMO Equis seem to have lost their direction since the takeover by
> Reuters. They certainly don't appear to be listening to what existing
> Metastock users want (although they must be aware becuase they
> monitor this board and the Yahoo Equis board). I suspect Equis are
> under increasing commercial pressure from competitors like AIQ who
> have made big inroads into the TA market. It now seems Equis are
> attempting to milk their user base for easy revenue with successive
> minor upgrade charges plus charging for various black box
> plug-ins/add-ons. Personally I think the approach of closed black
> boxes and protected Experts etc. is completelly at odds with the
> reason most users buy Metastock i.e. to design, experiment and test
> their own trading ideas. It also worries me that Equis has found it
> necessary to go out to a 3rd party for these plug-ins etc. - why
> didn't they do the development themselves?, what about the support
> issues? Commercially Equis may be trying to make Metastock more
> attractive to new users of TA software but this market is well
> saturated already. I don't know why Equis don't just stick to the
> traditional strengths of the MS product and concentrate on enhancing
> it by LISTENING TO EXISTING USERS - then the product really would be
> great. I also happen to use AIQ (no other connection other than user)
> and they operate in almost complete contrast to Equis. They have an
> excellent user group and beta test group plus the developers are
> pro-active in encouraging input on new features required. The AIQ
> product is not perfect (are they ever?) but they have made enormous
> progress in the past 2 years by being open and really listening to
> what user want and then making sure they have delivered it. Apologies
> if this sounds like a plug for the AIQ product - it's not meant to be
> (MS charting is better) - it's a plug for the way the AIQ company
> does things.
>
> IMHO one thing is for sure - if Equis do not wake up soon there is
> only one direction they will be going (it aint up) and that would be
> very sad for all us MS users.
>
> John
>
> ----- Original Message -----
> From: Michel Amelinckx
> To: Metastock User List (E-mail)
> Sent: Tuesday, March 27, 2001 7:04 PM
> Subject: MS 7.2 upgrade A JOKE
>
>
> I believe if you have your own systems the new MS upgrade is just
> an other joke. One thing WOULD BE GREAT is the testing on multiple
> securities but wait before you get too exited because I have the
> feeling this is only for those new systems which they added. So I
> believe it's better to by the add-on of Mr. DeBRY
> http://www.debry.com/software_tools_and_services.htm And most
> probably those new systems will be password protected so experienced
> traders who would like to implement some things are left in the cold.
> So I strongly belief apart those new systems nothing is valuable. So
> people who don't have a GOOD system jet to trade may have something
> with this. But I believe most experienced traders have already their
> system and style. So would this suggests that MS is pointing too the
> NEW inexperienced traders and letting the old experienced traders out
> to dry. If this is the case they should strongly change their adds
> in TASC and other magazines.
>
> Access the internet within MetaStock, so you can view internet
> content side-by-side with your MetaStock charts. Now you can access
> the internet instantly from your chart's shortcut menu and bring it
> right up on your screen. Plus, MetaStock 7.2's new Web Resources
> feature lets you set up links to your favorites web sites. Then,
> with the click of a mouse, MetaStock will access up-to-the-minute
> information relating to your security, and display it next to your
> chart.
>
> This is already possible to add icons with WWW links in MS
>
> Make your trades online within MetaStock, anytime, anywhere. It's
> never be easier to trade online. Because now you can choose the
> location within MetaStock 7.2 that's most convenient for you, with
> the Online Trading toolbar. MetaStock 7.2 works with Preferred Trade
> and other web based trading sites.
>
> Same thing I have already an icons in MS so when I click on it I
> get to my order entry screen of my broker
>
> Refresh button is already there
>
> Maybe for users who use Data on demand there are some new features,
> but anyone knows the best value/money services are QuotesPlus and
> TC2000 so I don't care about this thing what they are trying to push
> us in using.
>
> If I see all this I believe this is not AT ALL made BY LISTENING TO
> THE REAL USERS, the traders. And for this I like to ask the MS EOD
> USERS (not sales or tech people of MS) on this list what you thing
> about all this.
>
> Greetings
>
> Mickey
>
>
>
=====
---
Allan Havemose, Ph.D.
havemose@xxxxxxxxxx
havemose@xxxxxxxxx
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