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> Could you give some examples? What would you like it to do that it doesn't? Creating composite securities - Lets say I wish to create a composite security of 5 stocks (e.g. Dogs Of Dow Index) and wish to compare it with the DJIA. It is virtually impossible to do this. You can create composite securities of two stocks .. but thats all I can do !!I would'nt say this is an example of the formula deficiency, but a feature I would have loved in metastock.
- Adheer,
----Original Message Follows----
From: "Roy Larsen"
Reply-To: Metastockusers@xxxxxxxxxxxxxxx
To:
Subject: Re: [Metastockusers] Re: That does it!
Date: Thu, 6 Feb 2003 11:33:35 +1300
Pring
I can't speak for Lionel but here are some of my thoughts.
> 1. Most of the add-ons are expensive and inadequate
> I won't argue with that point.
Neither will I. But then I've never been convinced to fork out for any so
what would I know?
> 2. The formula language is too limited.
> Could you give some examples? What would you like it to do that it
> doesn't?
PREV should be fixed so that it's no more resource hungry than any other
function. Failing that MS should have some sort of loop capability. At it
stands at the moment each variable in a formula can only be processed in the
order that it is presented.
IsDefined() and IsUnDefined() are the two most useless functions one could
imagine. With an implementation that wasn't as half-baked they might
actually serve a purpose beyond their current "next to useless" category. A
typical example is how do I use either to assign a value to a variable for
bar one when the variable contains Ref(C,-1). That's where these functions
might have a purpose if they were intelligently implemented.
> 3. The database system archaic.
> Meaning? I don't find it to be a problem at all. I connect through
> eSignal and find that works really well.
Single digit precision is a pain. Quite a few of the number manipulation
functions in MS screw up and manage to turn 1.000000 onto either 1.000001 or
0.999998. I don't worry too much about this when dealing with prices, but
logically an answer is either right or wrong. Being "nearly right" is
absolutely no use at all.
I'm not so naive as to believe that someone from Equis will actually read my
complaints and do something about it so I continue to make the best of what
MS does have. the fact that it has weaknesses is not a good enough reason
for me to buy every new update, nor is it a good enough reason for me to
give up on it altogether and switch to another package. I've paid good money
for what I've got and by gosh I'm going to get as much value out of it as I
possibly can.
Just my 2 cents worth.
Roy
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