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Lawrence,
Thanks for taking the time to very thoroughally and thoughtfully explain
your previous post. It contains a couple of good observations that I had not
considered.
I also wanted to mention to other list members that after downloading and
using the NeoTicker program I was pleasantly surprised at a couple of
things:
1) It has a relatively easy to use interface to get up and running right
away.
2) It is very processor efficient (something that is blatantly lacking in
most other trading programs).
3) It is very stable, especially for an alpha program.
4) It has good documentation on the web site.
It appears to be a solid basic charting program (at the current time) put
out by someone who is well versed in programming as well as in trading the
markets and thus has a good chance to meet the needs of potential users who
are also traders. It is definately worth a look from those of you who have
access to a UMDS v. 2 compatible feed.
Patrick White
----- Original Message -----
From: "Lawrence Chan" <stnahc@xxxxxxxx>
To: "Patrick White" <simgenie@xxxxxxxxx>; "Phil" <rhodes@xxxxxxxxxxxxxx>;
<omega-list@xxxxxxxxxx>
Sent: Monday, December 11, 2000 2:48 PM
Subject: Re: Computer language
--- Patrick White <simgenie@xxxxxxxxx> wrote:
> Lawrence Wrote:
> e.g. Traderware's VB script cannot do the type
> of abstraction of indicator coding like EasyLang.
>
> You lost me on that one. I assume you are refering
> to simple vs. series
> functions. I would appreciate some more
> clarification about what this means
> with regards to the limitations of VB vs. those of
> EasyLang.
take an example, you want to apply moving average
on another moving average on another moving average,
etc.
in Easylang, you can just pile them up
average (average (average ( ... )))
Easylang will calc each average only once and remember
each as a separate series. a type of optimization
since it is specifically made to work that way.
in any other script lang,
average (average (average (expression, ...)))
the expression will have to be treated something
that will be recalculated on the fly and each time
the above line is called, all the calculations will
be repeated again and again, all the time.
This problem is not noticable because nowadays our
computers are way faster than before ...
unless you have some very complex calculation
on hand ....
>
> Lawrence Wrote:
> The pitfall is this ability also crippled its
> power to compute something more complex.
the optimization of easylang on handling series
made it easier to mix series and numbers, but
then how should one handle say a multidimensional
matrix of series ?! it cannot.
In a normal programming lang, you can then
have a matrix of pointers or objects, where each
of these objects are series themselves. Maybe
harder to do in VB, but definitely a breeze in
object pascal, c++, java, etc.
>
> I take it that the "its" in the above sentence
> refers to EasyLanguage?
My point in the original mesg is about how the
users of easylang outgrew its power. Unluckily
it is hard for most users of easylang to switch
to other programming language because easylang
is just different.
In short Omega did something great in the beginning
with TS and its programming lang. But that era is
gone and the programmers who did the marvels for
Omega had all left the company years ago.
TS4 is a total rewrite of TS3, and then TS2000 is a
total rewrite of TS4. Thus we cannot expect the
stability of TS3.
>
> thx for the clarification,
>
> Patrick White
=====
Lawrence Chan http://www.tickquest.com
Innovative Analytical Software for Trading Professionals
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