PureBytes Links
Trading Reference Links
|
The other powerful feature of MT4 is that the EAs (Expert Advisors) can be turned on to actually do auto trades for you with the (currency)brokerage platforms. I think if some of the brokerages realized how many more trades and profits that would generate they would salivate. That would almost certainly make Metastock a has been.
Designing profitable EAs is easier with stocks than with short time frame currency pairs. I think there is an excellent fit there. Would be great if someone like Interactive Brokers would introduce MT4 to do that along with the more complicated APi applications that they currently have.
I could see myself turning on my MT4 EA for a stock as well as on something like NQ e-minis during the NY session. Metastock needs to complete their link to enable trading from the EA software triggers and partner with a majot company like TD Ameritrade's thinkorswim. maybe they could even enable auto options trading with straight calls and puts or spreads. That would keep them novel and have us all flocking to buy the MS12.0.
EQUIS - ARE YOU READING THIS?
Oh why bother... no one from equis reads this stuff probably and even if they do, would not have the management team, that would want to be a leader again...
--- In equismetastock@xxxxxxxxxxxxxxx, Mr Distinque <distinque@xxx> wrote:
>
> EGO Sum Qua EGO Sum translates to I am where I am. Always Forward is correct.
> Â
> Remember TAS well. My first system with MS was a 8088 PCXT with a 10mg hard drive, 640k ram and a Amdek Color II CGA monitor. Remember CompuTrak? I was in paradise.
> Â
> I agree with your Equis/Reuters view. That was not a good move for Equis International. Equis has missed the boat. Once the discount equity brokers realize the value of the MT4 platform and start to offer it (Are you listening Scottrade?), MS will accelerate their fading into the sunset. While I do like the benefit of their on line stock files, they are horrendous for doing back testing and explorations on. Can MS resurrect itself? I think they can, but without a real change in their RT Forex quotes, i.e. align with a broker providing quotes & trading, they are restricting themselves to the futures and equities markets. Forex is walking away from both those in the number of new traders joining the markets.
> Â
> I know Larsen's work. He was one of the front runners in exposing all the back testing bugs in MS. I stopped using the system tester in MS about 15 years ago when I ran a parallel spreadsheet against it and received a rude awakening.
>
> Â
> D
> EGO Sum Qua EGO Sum
> Sempre Avanti
> Â
> --- On Thu, 2/11/10, Lionel Issen <lissen@xxx> wrote:
>
>
> From: Lionel Issen <lissen@xxx>
> Subject: RE: [EquisMetaStock Group] Re: Metastock 9.0 & Windows 7
> To: equismetastock@xxxxxxxxxxxxxxx
> Date: Thursday, February 11, 2010, 9:16 AM
>
>
> Â
>
>
>
>
>
> Hi Mr. Distinque:
> Â
> Thanks for sharing you methods with us. I agree with your soap box orations, please continue them.
> Â
> My nearest translation for Sempre Avanti is Always Forward. Is this correct?
> Would you translate EGO Sum Qua EGO Sum?
> Does Mr. Distinque mean the same as the French Homme Distingue?
> Â
> Define HA charts and can they be created in Metastock?
> Â
> Donâ??t expect anything much to come out of Equis. The current owners are not much interested in developing it into a world beater program. During the days of DOS there was a program called TAS, technical analysis scanner, which enabled the user to do programming under Metastock. It was easy to use.  However Equis had a falling out with the owner and wouldnâ??t list it in their catalog.
> Â
> Roy Larsen [rlarsen@xxxxx co.nz] has shown how to use Metastock more effectively. While he has discontinued his newsletter, he might be willing to sell the back issues. [ Disclaimer. I have no financial interest in Roy Larsonâ??s business].
> Â
> Warm regards
> Â
> Lionel
> Â
> Â
> Â
> Â
> Â
> Â
> Â
>
>
> From: equismetastock@ yahoogroups. com [mailto:equismetast ock@xxxxxxxxxxxx com] On Behalf Of Mr Distinque
> Sent: Wednesday, February 10, 2010 10:06 PM
> To: equismetastock@ yahoogroups. com
> Subject: Re: [EquisMetaStock Group] Re: Metastock 9.0 & Windows 7
> Â
> Â
>
>
>
>
>
>
>
>
> I agree completely on the Headley stuff. I use to use his bands but gave them up for 5 period ma. One based on the high for the upper band and one based on the lower band. Works perfect for me.  W%R, like all trend based osclators can be great if you can see and correctly apply what they are telling you. I dumped Headley stuff, all of which is free on the internet, for candles, Stoch and the ma price bands.
>
> Â
>
> I am learning to correctly read HA charts. They show some real potential for riding a trend. A bonus I am still looking at is the HA prices improved the Stoch. I stumbled on this because I have to convert the raw price data to HA chart price data and display that in a candlestick format. If I could just do this in MA with the raw prices like MT4, life would be better.
>
> Â
>
> I caught another "opps" in the addons was in a webcast by Nisen. He is now claiming all other candle packages are defective except "his" Ninja addon. (for a monthly fee) I emailed both Nisen and MS asking for a comment on this, months ago, and am still awaiting a reply. I have coded proper candle pattern explorers and advisors. The one thing I found is a full blown candle explorer/advisor grinds forever when looking at all the candle patterns
>
> Â
>
> I gave up on the wait and now just use the Stoch to explore. One additional catch to it. I want it to break out of the oversold/overbought 20/80 zones in a crossover by at least 15 points. Simple but really filters the junk.  I also play with one that does not include the oversold/overbought filters if I am feeling lucky or get in late on a move. I review the selection list candle patterns, support and resistance. Not much else. The dogs tails are still wagging because it is paying for their dog food.
>
> Â
>
> Here are the explorer buy and sell
>
>
> If(Cross(Stoch( 8, 3),Mov(Stoch( 8, 3),3,S)) AND Ref(Stoch(8, 3),-1) <= 20 AND Stoch(8,3) > 20 AND Stoch(8,3) - Ref(Stoch(8, 3),-1) >= 15,1,0)
>
> Â
>
> If(Cross(Mov( Stoch( 8, 3),3,S),Stoch( 8, 3)) AND Ref(Stoch( 8, 3),-1) >= 80 AND Stoch( 8, 3) < 80 AND Ref(Stoch(8, 3),-1) - Stoch(8,3) >= 15,1,0)
>
> Â
>
> Remember they are worth every penny you paid for them.
>
> Â
>
> D
>
> EGO Sum Qua EGO Sum
>
> Sempre Avanti
>
> Â
>
> --- On Wed, 2/10/10, Rvalue1 <rvalue1@xxxxxx com> wrote:
>
> From: Rvalue1 <rvalue1@xxxxxx com>
> Subject: [EquisMetaStock Group] Re: Metastock 9.0 & Windows 7
> To: equismetastock@ yahoogroups. com
> Date: Wednesday, February 10, 2010, 7:25 PM
>
> Â
>
>
> Agreed. I bought MS11 to stay current. The new systems are hardly useful and I find myself using none of the new MS11 features. Tell me I am missing something useful please, forum people..
> And yes. I run currency pairs using MT4 platform withg free data from an Aussie broker and see that the MS bars and data are a tad slower in forming RT compared to MT4.
> I was also part of a local forum meeting where Equis staff presented Headley's add-on and raved about the Williams %R system in it. I am sorry but that system is a B- at best. more like a C grade. hate it when sales people just try to sell you stuff without concern for how it compares to say some simple systems that anyone can write. Throw in a name like Headley and you have a add-on to sell to your client base.
> I would really like to see us find a free source for RT data so that we can do away with paying $1300 a year for QuoteCenter data every year.
> Metastock really needs to hire someone on staff that can be more discriminating on whats a good add-on and whats not. Or they need to use a true effective beta group to evaluate these changes before zinging us with a 50 more indicators and systems that don't make you money. They need to remember that they can succeed if they met our real needs - which is to make moeny.
>
> --- In equismetastock@ yahoogroups. com, Mr Distinque <distinque@ ..> wrote:
> >
> > I have been a MS affectionate for decades, both EOD and RT.� Paid for many upgrades and multiple copies.� But since I started playing with Meta-trader, many of the deficiencies have become glaring.� Mostly in the programming language and the delays in staying current with the markets.� Where are the Heikin Ashai charts?� Why can't we have hooks into setting line length, placement, colors and styles based on indicator results?� I should not have to buy an additional coding extension to create these.� Same with chart scaling.� Hate the way MS squeeze down to get everything in.� This really shows up with pivot point and dynamic S/R lines.� If something is out of a useful range, let it push off the chart display until it comes into play.� Virtural display ranging that I can scroll up and down.� Why can't I write indicators that are displayable on a blank area on the right side of the last price bars?� Where are the
> screen positionable text
> > displays?� Hate dragging/deleting text boxes.
> > Ã?Â
> > Additionally I have found in the Forex market, the pass-thru used by Reuters and others like eSignal are "behind" the market by the time they register on the chart.� Not good.
> >
> > I will continue to use MS, but the upgrades will have to wait, I have passed on v11,� until these gaps are bridged.
> > Ã?Â
> > Off the soap box and back into the analysis cave.
> > D
> > EGO Sum Qua EGO Sum
> > Sempre Avanti
> >
> > --- On Sat, 2/6/10, superfragalist <no_reply@xxxxxxxxxx s.com> wrote:
> >
> >
> > From: superfragalist <no_reply@xxxxxxxxxx s.com>
> > Subject: [EquisMetaStock Group] Re: Metastock 9.0 & Windows 7
> > To: equismetastock@ yahoogroups. com
> > Date: Saturday, February 6, 2010, 8:42 AM
> >
> >
> > Ã?Â
> >
> >
> >
> > Yes, Equis has frequently offered me upgrades for $$$.
> >
> > Super
> >
> > --- In equismetastock@ yahoogroups. com, "skypilot_jw" <jweidner@ .> wrote:
> > >
> > > Has anyone tried using MS 9.0 EOD with Windows 7 ?? I have called Equis and they say it will not work, but they would be very happy to sell me an upgrade to MS 11.0 for more $$$. Does anyone have any experience with this ??
> > >
> >
> Â
>
------------------------------------
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/equismetastock/
<*> Your email settings:
Individual Email | Traditional
<*> To change settings online go to:
http://groups.yahoo.com/group/equismetastock/join
(Yahoo! ID required)
<*> To change settings via email:
equismetastock-digest@xxxxxxxxxxxxxxx
equismetastock-fullfeatured@xxxxxxxxxxxxxxx
<*> To unsubscribe from this group, send an email to:
equismetastock-unsubscribe@xxxxxxxxxxxxxxx
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
|