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Re: QP2.x Alternatives.



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Daniel Martinez wrote:
>There are at least 2 things QP should improve on.  Their scanning program and
>Excel support.  Their scanning program is basically 3 years old.  It doesn't
>support array's, strings, or global variables.  The arrays should be able to
>hold tickers, or numbers.  It doesn't support string comparisons such as "IF
>symbol="INTC" THEN" or "IF  IndustrySector ="Capital Goods &Services" THEN".
>Global variables would be for storing data from symbol to the next during a
>scan.  For example, you should be to have an array which stores symbols, then be
>able to do calculations based on relative strength comparisons.  A relative
>strength comparison with !COMP would be useful.
>
>Even though you can access QP 2.2 in Excel, there are no TA functions
>available.  It is a major bother finding, debugging, and setting up a function
>library.  XLTOPS was a TA library for Excel but it wasn't tailored to access QP
>data.  Unfortunately, they went out of business.  If QP had a robust scanner,
>you wouldn't even need Excel.
>
>Daniel.
>
>

Daniel,
You might want to try using Visual Basic (or C, or C++) using the
supplied examples on the QP2 CDROM to write more sophisticated
scans.  The QP2 scan language I do not believe is intended to
be a "real" programming language.  Many TA functions are available
in the .dll supplied on the CDROM.  And of course using a "real"
programming language, you have access to all the things you mentioned
above... arrays, strings, global variables (and some things you
didn't mention:  mathematical functions lacking in the scan
language such as log, exp, sqrt).

I do think QP2 is the best EOD product out there [though I
have gone on tirades against them once-in-a-while myself :)]

Jeff