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Kent,
I can comment on the first paragraph. I own both Metastock and
Tradestation4. I have not seen the new version 7.2 of Metastock, but I can
say that portfolio testing has been possible in the software before this
release. A user just needed to program it in the Formula Language and run
the results over a portfolio of stocks in something Equis calls the
Explorer. In my opinion, the real limitation lies in the comparable
expressiveness of Easy Language versus Formula Language. Of course, for
C++, Powerbasic, or Delphi programmers, these limitations can be
circumvented in a .dll, albeit with much more complexity.
This is simply one person's opinion. I like each software package for
different reasons.
Dave Nadeau
Fort Collins, CO
-----Original Message-----
From: Kent Rollins [mailto:kentr@xxxxxxxxxxxxxx]
Sent: Sunday, March 25, 2001 12:05 AM
To: OmegaList
Subject: Ensign and Metastock 7.2
The Metastock list is currently buzzing about the new release of MS 7.2.
According to one post I saw, MS 7.2 will test a system on a basket of stocks
(and presumably futures contracts). I don't think 7.2 is officially out
yet, but just posting this FYI. And I do not own Metastock.
Also, I was reading the Ensign for Windows owner's manual this weekend and
it had a curious line in it. It stated that Ensign maintains a tick
database of "3 million ticks". What? I was about to send this question to
someone@xxxxxxxxxxxxxxxxxx but from recent posts it seems there is some
interest in Ensign and that there are some users around. Could anyone
explain the utility of a "3 million tick" tickbase? And what's the deal
with Ensign being able to create 500 accounts but each account can only hold
500 trades? And it has a limit on the number of bars? Is this a 16- or
32-bit piece of software? Jesus! On the homepage on the website, the guy
talks about how he's been in the industry for 16 years or something like
that and the software has these kinds of absurd limitations. If I had been
writing a piece of trading software for 16 years, Omega and Metastock would
both be out of business. Why can't anyone put all the pieces together?
Thanks
Kent
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