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i think you're basing your opinion on the last version of TS that you used
whcih sounds like it was some time back. ts esp. ts5 has good additions to
it that make it a better language and ts4 isn't that bad. the thing i like
about it is that a lot of the functions which abstract pieces of market
information like HighD, LowD, PositionProfit, etc. are already coded for me.
to work in a lnaguage like C means i have to do all that myself which means
less time spent on what's really important -- the system itself. now if
there's a company (and i'm sure there are) that has all that abstracted for
me then great sign me up. however, the additional overhead of interfacing
with a server to collect data, managing the data in arrays and taking care
of all the programming problems, not just your system logic problems, would
double the burden of the task even if you had the other pieces already
abstracted. townsend analytics might have something like this but what's
needed is a C++ or VB library of functions that provide a framework like ezl
does for the would be VB or C++ system programmer to code in. ts4 and ts5
allow you to do this by allowing you to call C and VB code from ezl and
giving you access to the internal data arrays.
actually i differ with you on the opinion that you can't do post abalysis of
your trades with ts4. offhand, here's how i'd do it:
1. after each trade is generated, write the positionprofit, time, price, and
all the other position stats TS give you to a text file
2. a text file with a list of all trades taken and other info is generated
3. use a program like C or VB to read these results in and do the post
analysis yourself.
really anything can be done with ezl because it gives you the ability to
interface to C and VB to an ezl app.
please elaborate on the what kind of post analysis you do.
regards,
Brian.
> -----Original Message-----
> From: Lawrence Chan [mailto:stnahc@xxxxxxxxx]
> Sent: Thursday, March 02, 2000 5:10 AM
> To: Omega List
> Subject: Re: SURVEY RESULT
>
>
>
> all banks/brokerages in house use proprietary model and
> backtest that way.
>
> since the day I stopped trusting TS backtest results ...
> and coded my own way to backtest, I immediately go into
> a land of freedom in creating models that can do way better.
>
> The easylanguage concept is a great idea - it bounded all those
> who use it in its framework and forcing most people who use
> it think the way it is allowed in TS ... which then killed most
> of the really profitable ideas ... I like it, less competition >:)
>
> One of the major weakness in TS is its in-ability to do post
> analysis - the analysis of the trading signals themselves.
> Thats the way it is now and I don't know they can make it any better
> in the future.
>
> -Lawrence Chan
>
>
> ----- Original Message -----
> From: Ross S Bond <ross.bond@xxxxxxxxxxxxx>
>
>
> > In Lawrence's survey results the closing line
> >
> > "...and probably that's why TS is the choice of tool as TS4 no
> matter how
> > shit its system testing is, its basic drawing capability is/was
> the best."
> >
> > interests me. If TS4's systems testing is shit, what app is
> better? I sort
> > of gather that there is not a lot else available for serious system
> > writing/testing/trading.
> >
> > Ross Bond
> >
> >
> >
> >
>
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