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Firstly, no association with AIQ or MyTrack etc etc.
I'm assuming your experience was with AIQ version 5x. Frankly I've not used
AIQ for the last 2/3 months as I've stopped trading single stocks
completely. (I just don't enjoy it as I used to and far prefer futures). So
whether one likes AIQ or not depends on a couple of things. Let us be quite
clear, charting in AIQ is still not as good as MetaStock and even further
behind Ensign. It does now have Fib Gann etc etc and the tools for building
Real time tools have improved.
However, where it does score is its ability to give a grasp of the Market.
Its language is quirky in some ways. Its built on list processing so in
principle every statement executes at one and the same moment. Once one has
made that change in programming style then most things are codeable.
What I found to very good with AIQ was being able to test a system over a
number of markets (this is another area which has improved) e.g does it
trade grains as well as it trades Oils. Furthermore, gaining a perspective
of a stock within a sector or market and gain a grasp of sector performance
across countries e.g. comparing semi-conductor market.is something I've not
seen in Amibroker or MetaStock - perhaps I should read the manual.
Lets take an example of a real world trading "system" I built. Some time
ago Steve Karnish posted a view on stocks showing bullish/bearish
candlesticks. So, I bought the book and studied Candlesticks. So I wrote for
code candlestick recognition (some of which comes with AIQ) together with
code to recognise that the stock had been recently sold off and combined
this with AIQ's features (which I personally find the whole sector reporting
suite to be exceptional) for money movement in and out of the sector in
which the stocks trade). So, if the stock had recently sold off, formed a
Hanging man (say) and money was moving into the sector, then the stock was a
buy.
This code is then auto run overnight when the EOD data arrives and hey
presto, I have a set of reasonably confident purchases. It worked well and
was run successfully over a significant number of trades.
If you are thinking of a change, then it's worth a second look - it's a free
option.
DJ.
----- Original Message -----
From: "neo" <neo1@xxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Tuesday, February 26, 2002 1:14 AM
Subject: AIQ
> I last tried AIQ about 1-2 years ago. I was not impressed compared to
> MetaStock.
>
> Has it changed a great deal?
>
> neo
>
>
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of David Jennings
> Sent: Monday, February 25, 2002 7:06 PM
> To: metastock@xxxxxxxxxxxxx
> Subject: Re: Power Basic programming-metastock
>
>
> This quote from their site seems to be the crux of the issue "instant
> viewing of daily/weekly/montly charts in line, bar or candlestick styles
> overlaid with configurable moving averages, Bollinger bands, Volume chart,
> SAR, etc" i.e. not intraday.Unlike MetaStock AIQ Ensign & TradeStation!
When
> did you last use AIQ?
> ----- Original Message -----
> From: "John R" <jrdrp@xxxxxxxxxxxxxxxx>
> To: <metastock@xxxxxxxxxxxxx>
> Sent: Monday, February 25, 2002 5:26 PM
> Subject: Re: Power Basic programming-metastock
>
>
> > I have Metastock, AIQ, Amibroker and quite a few other TA and testing
> > tools - each of which I use for their own particular strength. I have
> > considerable experience in commercial systems and software development
so
> > this may colour my view somewhat but IMO Amibroker is already *by far
and
> > away* the best designed and most competent all round TA tool - it also
has
> > the best technical support and an excellent user group.
> >
> > MS has good charting and allows quick "visual" testing of ideas but for
> > trading system development and testing it is useless IMO. MS has been a
> > product going nowhere for a good while now and I see no evidence this is
> > going to change.
> >
> > AIQ has some convenient data organisation and analysis features but weak
> > system testing and restrictive/quirky EDS rule-based formula language
make
> > it unsuitable for developing anything other than fairly simple systems.
> >
> > Once Amibroker charting is enhanced (scheduled later this year) I
> anticipate
> > being able to use it as my sole TA program. To any frustrated MS users
out
> > there I would say get Amibroker now - you will not be disappointed.
There
> is
> > a bit more to learn but this should be expected as it offers has far
more
> > capabilities than MS. The syntax of the Amibroker formula language is
very
> > similar to the MS formula language so the programming transition is
quite
> > straightforward.
> >
> > John
> > (No association with Amibroker other than very satisfied user).
> >
> >
> > ----- Original Message -----
> > From: "CS" <csaxe@xxxxxxx>
> > To: <metastock@xxxxxxxxxxxxx>
> > Sent: Monday, February 25, 2002 1:11 AM
> > Subject: Re: Power Basic programming-metastock
> >
> >
> > > Same here.
> > > Frankly, I wish MS would simply fix the bugs that have been noted a
year
> > > ago. When bugs are found in AmiBroker they are fixed in about 72 hours
> > which
> > > are easily downloaded and patched from a web site. Try that in MS.
> > > It would be nice to stay with MS since I had bought into the program
at
> > 6.5
> > > and spent so much time developing indicators and systems, but my
desire
> to
> > > evolve into dynamic/adaptive systems meant that I need to move on. If
> > pretty
> > > charts and basic indicators is your limit, stay with MS. I waited long
> > > enough and it was time to take the training wheels off. You'd be
> surprised
> > > how many familiar names decided the same thing.
> > > Do expect to exert more effort into programming because it does more.
> And
> > > because it does more, there are more possibilities.
> > > And no, I don't get commission, own the company, sell for the company,
> or
> > > date the owner's daughter, either.
> > >
> > > -Corey
> > >
> > > ----- Original Message -----
> > > From: "Owen Davies" <owen@xxxxxxxxxxxxx>
> > > To: <metastock@xxxxxxxxxxxxx>
> > > Sent: Sunday, February 24, 2002 12:59 PM
> > > Subject: Re: Power Basic programming-metastock
> > >
> > >
> > > > > Do you work for amibroke or you on commission
> > > >
> > > > In view of the above accusation toward another guy who,
> > > > so far as I can tell, was only trying to help, maybe I'd better
> > > > point out that I don't work for AmiBroker, either. Nor am
> > > > I on commission.
> > > >
> > > > AmiBroker is a one-man operation. The programmer/pro-
> > > > prietor/guru is a guy named Tomasz Janeczko, who appears
> > > > to work about three times harder and five times more
> > > > productively than the entire staff at Equis. (And don't
> > > > get me started about those goniffs in Miami!) So far as
> > > > I know, the only marketing is from the AmiBroker Web
> > > > site and by word of mouth from satisfied customers.
> > > >
> > > > I haven't heard of any dissatisfied ones, but perhaps they
> > > > just quietly go away.
> > > >
> > > > If the program has a flaw, it's that it requires more
> > > > programming skill, and consequently clearer thought
> > > > about what you are trying to accomplish, than the
> > > > competing products. In return, it does most of what you
> > > > want; accepts add-ins in jscript, vbscript, and other
> > > > languages for the things it can't do on its own; and doesn't
> > > > lie to you about the results of your system tests.
> > > >
> > > > I'm finding that its learning curve is steeper than with
> > > > Metastock and SuperCharts, but also that the rewards
> > > > are enough greater to justify the effort. And then some.
> > > >
> > > > Owen Davies
> > > >
> > >
> >
>
>
>
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