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It is different but can be an alternative depending what's your need :
have a look at www.indexia.co.uk
I didn't try it for the moment, the good side is it can be adapted to quite
any data provider.
Gerard
>From: Terry <terrence@xxxxxxxxxxxxxx>
>Reply-To: metastock@xxxxxxxxxxxxx
>To: metastock@xxxxxxxxxxxxx
>Subject: RE: A drastically revised and improved MS?
>Date: Sun, 21 Oct 2001 17:21:47 -0400
>
>From: "Michel Amelinckx" <Michel.Amelinckx@*******.**>
>At 01:37 PM 10/12/2001 +0200, you wrote:
>I think exactly the same way as you but I got a VERY strong feeling that
>the things you are hoping is just a dream, Because don't forget that Equis
>is now from Reuters and what does Reuters sell ? Correct data ! So it is
>very logical they will and are already taking that pad. Last upgrade what
>were the new features apart the useless systems which are password
>protected, yes Data on demand.
>
>So I believe he can only dream of the MS what is used to be. And a very
>bummer is that Supercharts seem to be of the market, is that correct ?
>Other ways we don't have no where to go. What would be a good alternative
>?
>Greetings
>M.
>
>Michel,
>
>Depends on what you are looking for. Other suggestions to your question
>suggested substitute charting software. My approach has been a bit
>different, though. I was looking for some added power that I could use to
>do things I couldn't get done with the MetaStock EOD and Fibonacci Trader
>RT programs that I use. I first saw some favorable remarks about Wave Wi$e
>Market Spreadsheet on the QCharts list on groups.yahoo.com. Then I checked
>it out in a review of Wave Wise in TASC way back in 1993.
>
>You can do a lot of custom analysis with an Excel spreadsheet and even do
>charting, but I found that Excel has one supreme disability with real time
>data: processing time.
>
>Suppose your Excel spreadsheet takes just one second to recalculate its
>values during normal trading hours when other programs are busy running.
>However, it can get multiple ticks each and every second from a real time
>data feed. So, it just can't keep up because it wants to recalculate the
>whole spreadsheet on every tick. Excel can eat up a lot of processing time
>with a real time data feed.
>
>WaveWise isn't a "real time" processor like Excel. And it doesn't collect
>any data from data feeds. But, it follows the spreadsheet model. What it
>does in one of its "cycles" is to swoop out and read the data files on your
>drive; perform all of the spreadsheet-type calculations you tell it to do
>(like you would in Excel); hold the results in memory (in a smaller
>footprint than Excel); and then graph the results. It will "cycle" on
>command or on timed intervals. If you set it to restart every 10 or 15
>seconds, it becomes a virtual real time charting program using updated real
>time data files (written to your disk by your real time data feed), but
>without the enormous processing overhead of Excel.
>
>You can do all sorts of interesting things with a spreadsheet-based
>charting package. Say I was trading the QQQ's. Well, if they took off, then
>the big names in the Nasdaq 100 are moving hard. Now if I wanted to watch
>or trade the big moving stocks in the index along with the Q's, I could
>perhaps chart the 10 or 15 largest names with my real time charting program
>and then watch each one of the charts.
>
>Or, instead, I could collect the intraday data on those same 15 stocks from
>my real time data feed and write them to disk in either ASCII or MetaStock
>format. Then I could tell WaveWise to read all 15 files in one pass from my
>hard drive, calculate a smoothed ROC for each stock, select the fastest
>mover (say MSFT at 9:45), transfer the bars for just that stock into my
>designated charting columns, and paint the chart. Then at 9:50, if INTC
>moved ahead, WW could recycle automatically, reread the updated files on
>the drive, recalculate the new ROC, see INTC ahead, transfer INTC data to
>the charting columns and paint INTC on the chart instead of MSFT.
>
>So, I would always have the fastest mover and probably the main driver of
>the Q's in my WaveWise chart while I focused on the Q's with my main real
>time charting program.
>
>That's a poor man's version of real time stock screening if WW is
>automatically cycling every 10 or 15 seconds. And a spreadsheet based
>charting package can do that kind of intelligent charting without any
>programming language. (I'm not sure that even TradeStation could do that
>kind of stock selection and intelligent chart substitution. And if you
>could, it wouldn't be as easy as plugging a few formulas into some
>spreadsheet cells.)
>
>WaveWise reads intraday data in ASCII or MetaStock format along with
>several EOD formats. It costs $80 for a one year license. (Web site is
>http://members.aol.com/jtiware/) And, you can actually talk to the
>developer.
>
>If you are comfortable with spreadsheets and want some muscle to supplement
>your main charting package on ideas or indicators that the big developers
>would never even consider, this might work as a do-it-yourself alternative.
>If you want lots of canned indicators or need to be spoon fed, WaveWise
>isn't for you because you start out with a blank spreadsheet and build what
>you need.
>
>By the way, I have no affiliation with WaveWi$e. I am just a happy user who
>has found a new toy.
>
>Terry Minke
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