|
PureBytes Links
Trading Reference Links
|
You're right, John. Unless one devotes some time (weeks, rather than hours)
to really learning the language, Mathematica will appear difficult to use.
Once you have mastered the essentials, you can do unbelievable things with
Mathematica. Plus there are packages running the gamut from astrophysics to
option evaluation.
In a recent comparison of popular math/statistics packages using a series of
standardized reference problems (designed to test the accuracy of results)
provided by the National Institute for Standards and Testing (NIST),
Mathematica was the only package that got every single result accurate to
the full number of digits provided by NIST as the certified correct result.
For the mortification of the competition, here is the table of results from
the NIST testing, (using the best solutions available from each package).
Out of a total of 58 reference problems:
Package Able to Solve at All Accurate Solutions
Excel 41 1
SAS 6.12 47 1
SPSS 7.5 48 3
S-Plus 4.0 57 1
Stata 6.0 50 5
Mathematica 4.0 58 58
Mind you, this test was in the field of statistics, where Mathematica has no
specialization such as these other packages have (except Excel).
Have a nice evening!
Michael Suesserott
-----Ursprüngliche Nachricht-----
Von: John Nelson [mailto:trader@xxxxxxxxxxxxxxx]
Gesendet: Thursday, April 12, 2001 01:31
An: MikeSuesserott; Bilo Selhi
Cc: omega-list@xxxxxxxxxx
Betreff: RE: PORTING TRADESTATION TO MATLAB
I started out with symbolic math using Mathematica on
NeXTStep hardware and found myself becoming more of a
Mathematica "programmer" than a Mathematica "user".
Powerful, but demanding of my time and I couldn't afford
the commitment.
I suspect that current versions of Mathematica are also
much more expensive than the alternatives.
-- John
-----Original Message-----
From: MikeSuesserott [mailto:MikeSuesserott@xxxxxxxxxxx]
Sent: Wednesday, April 11, 2001 11:36 AM
To: Bilo Selhi
Cc: omega-list@xxxxxxxxxx
Subject: PORTING TRADESTATION TO MATLAB
Hi Bilo,
you wrote:
>>"i reiterate that matlab or mathcad (s-plus )
>>are the best math/engineering
>>platforms available. nothing can
>>beat those now just as nothing can beat TS
>>as far as system development."
Not to start any war, but that sweeping statement is perhaps a bit
overenthusiastic. Don't forget Mathematica which is much more powerful than
either of these two packages. You can find a brief comparison at these
University of Colorado websites:
http://amath.colorado.edu/computing/mmm/brief.html
http://amath.colorado.edu/computing/mmm/index.html
Best wishes,
Michael Suesserott
|