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> Has anyone any experience of WealthLab, now free with Fidelity?
Yes, I have some. I 'm seriously considering to "change my horse" as
Metastock seems to stay far behind competition...
You can download WealthLab and use it 30 days for free. They have
very helpfull forum, a tons of tips and houndreds of systems & new
indicators- all given on their website for free. Almost all data
formats are supported. What's great you can test all their systems by
running them directly on their website (and Activetrader Magazine
website as well).
The problem is a new language (chartscript) and logic you have to
learn. It's not easy for newbies and quite different from Metastock
language. But Welathlab has very good debugger and manual.
Another great advantage is money managment built-in support (special
simuscripts where you can determine your betsize) as well as
possibilty of portfolio testing of a few markets or trading systems
at once in one simulation.
I'm still learning it ... and the same as somebody mentioned before I
check idea of new system or indicator in old good Metastock 7,0 then
translate it into Wealthlab adding money management codes;
There are 2 more advanced programs: Veritrader (developed by former
Turtle - Curtis Faith) and latest machine introduced by well known
Murray Ruggiero - TraderStudio. Both look promising , I 'm familar
with their features but haven't tested yet.
regards
Kathay
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