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Re: Best alternative to TradeStation 2000i?



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I tried the Ensign software to compare the programming module to the
PowerEditor.  Ensign was so complex and difficult to program in I was
shocked.  It seemed to be a program suited for people with experience in the
Borland Delphi programming language and not the trading public.  It gave me
a new understanding of how easy EasyLanguage actually is.


Patrick.



-----Original Message-----
From: Earl Adamy <eadamy@xxxxxxxxxx>
To: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
Date: Monday, April 26, 1999 8:22 PM
Subject: Re: Best alternative to TradeStation 2000i?


>Ensign32's ESPL is a Pascal-derived development language which is compiled
>and executes extremely quickly. ESPL itself is written in Delphi and
>includes most features found and expected in modern languages, even some
>decent debugging facilities. Since most languages currently in use
including
>Easy Language, Visual Basic, and Delphi have roots in Pascal, it should not
>take long for an experienced programmer to begin developing useful code.
>What ESPL lacks, more than anything else, are the higher level,
>trading-specific, language constructs found in Easy Language which make
>developing trading systems somewhat faster in EL than ESPL. However, ESPL
is
>especially well-suited for those who want virtually total control over
>everything or wish to tackle more complex projects which can not be
>effectively accomplished or completed in EL e.g. databases, custom drawing
>tools, dynamic alerts and dialogs, etc. ESPL is probably the only currently
>available alternative to EL for those needing powerful development
>facilities. The ESPL editor has supported multiple include files for some
>months now and this has made it easier to segment code so it does not all
>have to be placed in a single huge code file. The documentation tends to be
>terse at time and could be improved and a bigger examples file with more
>practical trading examples would not hurt. All-in-all, I prefer working in
>Visual Basic (which also lacks trading-specific language constructs),
>however I have yet to tackle a project in ESPL which I could not complete
to
>my complete satisfaction. While I found my share of bugs in ESPL, each and
>every one was tracked down and fixed promptly by the developer. Conversely,
>my disk drive is littered with EL projects which I was forced to abandon
due
>to various EL limitations and quality issues.
>
>It is my understanding that BMI/Ensign offers a nightly data refresh for
>around $30 - not available with DTN. While Ensign works with Signal On-Line
>and can even grab up to 3 days of historical tick data, I have not been
>satisfied with the usability of this combination and have a strong dislike
>for SOL.
>
>Earl
>
>-----Original Message-----
>From: Mark Brown <markbrown@xxxxxxxxxxxxx>
>To: Peter2150@xxxxxxx <Peter2150@xxxxxxx>; omega-list@xxxxxxxxxx
><omega-list@xxxxxxxxxx>
>Date: Monday, April 26, 1999 10:10 AM
>Subject: Re: Best alternative to TradeStation 2000i?
>
>
>>capabilities of the proprietary code is very obscure and drove me nuts,  I
>>hate having to rely on the owner of the software for even the simplest
>piece
>>of code.  The only excellent documentation on the code is in the mind of
>the
>>creator, and I hate having that dependency.  Also to my surprise if you
>>create a chart that has many studies on it, you must modify the entire
code
>>to change something.  The system, indicators, ect are all jumbled up into
>>one very large piece of code, very confusing and "NOT" user friendly at
>all.
>>Not to take away from an otherwise great program and the owner who is a
>>great guy in my opinion.  His program is just to propriety for my taste
and
>>the data problems are a big concern.
>>
>>MB
>>
>
>