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I initially used MS but eventually switched over to AB because of its
increased functionality (and also increased complexity). AB has a
long and fairly steep learning curve - It helped that I had used MS
first and had gotten used to the subject of technical analysis.
AB is sort of superset of MS with many of the indicators having very
similar syntax.
An example of the increased complexity in AB is the 'for' statement to
control program execution ('for' is not present in MS). The 'for'
statement has:
'for' to start loop with initial value, final value, step
'{' to designate the start of a block of statements to execute
'break' to jump out of the loop (or case) ahead of final value
'switch(n) & case n:' used with 'break' to handle a variety of
outcomes differently.
'continue' - continue inside the for loop (usually inside an if stmt')
I've used AB for 4 years now and don't ever consider looking for other
TA software or going back to MS. I monitor this forum because I
belong to a mixed group of traders that use many types of TA software
and this kind of keeps me up on things going on in MS.
An excellent book on technical trading is "Quantitative Trading
Systems" by Dr. Howard Bandy. It has many examples of technical
trading systems already coded with backtesting and commentary on how
well they work. It uses several TA software packages including AB.
Ed Hoopes
--- In equismetastock@xxxxxxxxxxxxxxx, "Lionel Issen" <lissen@xxx> wrote:
>
> Unless you have several months, say about 3+, and nothing else to do
except
> to work on this paper, I would suggest that you change the subject to a
> discussion of either Metastock or Amibroker. My recommendation is to
write
> on Metastock.
>
>
>
> It is easier to get started on Metastock than on Amibroker.
Metastock uses
> built in functions that can be strung together to create new functions.
> While Amibroker does have built in functions it also has a powerful
> programming language that simply take some learning time. It is also a
> larger and more complicated program than Metastock.
>
>
>
> There are only a few books on Metastock:
>
> "Discover The Power Of Metastock" published by Paritech, Equis may
have it
> too..
>
> "Metastock Made Easy" might be available at ebay.com
>
>
>
> Try doing a search on the internet, there may be others available.
>
>
>
> Lastly you should have access to a data service otherwise you will
not be
> able to understand and use Metastock.
>
>
>
> If you want to discuss this further, write me directly.
>
>
>
> Lionel Issen
>
>
>
> From: equismetastock@xxxxxxxxxxxxxxx
[mailto:equismetastock@xxxxxxxxxxxxxxx]
> On Behalf Of metastockv10
> Sent: Monday, September 24, 2007 4:18 AM
> To: equismetastock@xxxxxxxxxxxxxxx
> Subject: [EquisMetaStock Group] Re: Metastock vs. Amibroker -help needed
>
>
>
> Thank you for your response, believe me that first what I ussually do
> when I post on some forum or newsletter, I use search option.
> I did it here, before I posted. I found some answers but they are not
> pretty constructive, and what they ussually say ist that those
> programmes are rather the same and "making money" on the stock depends
> on your skills not on the programme you use. It is not kinf of answer
> I was looking for. I would be really greatful if someone could tell me
> which features should I compare in those programmes even if they work
> the same in both programmes. As I said before I am newbie in this
> field so when I read 500 pages manual I am reallu confused and it is
> hard to say for me what is really important. Thank you in advance for
> your help guys.
> --- In equismetastock@xxxxxxxxxxxxxxx
> <mailto:equismetastock%40yahoogroups.com> , pumrysh <no_reply@> wrote:
> >
> > As part of your research conduct a message search of ALL the old
> > messages that have previously been posted on the topic in the group.
> > I believe you will find them most enlightening and will find that
> > numerous comparisons have already been done.
> >
> > Hope this helps,
> >
> > Preston
> >
> >
> >
> > --- In equismetastock@xxxxxxxxxxxxxxx
> <mailto:equismetastock%40yahoogroups.com> , "metastockv10"
> > <metastockv10@> wrote:
> > >
> > > Hi guys,
> > > I am the newbie in technical analisys software area and that is
> > why i
> > > decided to post here. I have do same paper work on my university.
> > The
> > > topic is : Comparison of Metastock and Amibroker.
> > > I starded with Murphy's and Pring's and that kind of books about
> > TA so
> > > now I know a little bit about technical analysis, but still I have
> > no
> > > practise. I have also read Metastock and Amibroker manuals but
> > still I
> > > don;t know what feauters are really importent and how to compare
> > tham.
> > > I also have no clue which of those features make those software
> > > special. So i decided to ask PROs here on this newsletter. Please
> > guys
> > > give me some advice. Maybe someone could give me some kind of list
> > of
> > > features which i should write about and then compare. Please be
> > > forgiving for me and don't tell me that this is not kind of thing
> > for
> > > newbie guy, because I have to do it. Thanks in advance for your
> > > advice and sorry for my english - it is not my firs language :(
> > >
> >
>
>
>
>
>
> [Non-text portions of this message have been removed]
>
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