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I am very frustrated with the limitatations of TS 4.0 and the problems
discussed on this list about 5.0. TS has a lot of whistles and bells that I
like but can live without. However, it has limitations and bugs that irritate
me. Almost all of them have been discussed on this list. I don't want to
open that discussion again, but determine what we can do about our
frustration.
I would like to have a discussion with those interested about taking control
of our trading future and to take it out of the hands of software and data
vendors.
Is there a universal medium that would best serve a conversion of all of our
EL code into that medium and have total code and data management flexability?
This flexibility to develop all of the minium tools needed for trading (and
Y2K compliant) would be contained in the current version of that medium and we
would never need to depend upon future upgrades of that medium. If upgrades
enhanced our trading lives, we could buy it. In addition, this medium's
current version would be 100% contained on our own hard disk and all data
(tick and EOD) provided by data vendors would be in a universal format to
enable decompression to ASCII on the fly, if desired, by our own universially
accepted decompression software. TS's omz format is another way to control
us.
The only universially accepted program and language that I have used to do the
above is EXCEL and Visual Basic for Excel. It can be linked to ACCESS for
data management. I am not a VB programmer but I hired a programmer to have
real time data feed linked to EXCEL and create trade signals. It was a simple
and crude system but it worked flawlessly for what I asked the programmer to
do. At the time I had TS and could write my own EL code; therefore, it was
easier to develop systems in TS. Therefore, I abondoned the EXCEL idea. Once
again, with the current TS situation I am seriously considering another
approach as stated above.
I would be very interested in a discussion from several members on this list
on their ideas on how to develop our own control over our future trading
software and data. Lets refuse blind acceptance to vendor control over our
trading lives.
Russ
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