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Agree, I'm curious, too.
Just spent a few minutes at www.neoticker.com
1. The seem to have limited backtesting, but I don't see
optimization.
2. There are a max of 8 variables.
3. They use a scripting language, as wealth-lab does, so it
might also have speed issues.
Anybody with first-hand knowledge?
> >
>
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----- Original Message -----
From: "Bill Wynne" <tradewynne@xxxxxxxxxxx>
To: <fritz@xxxxxxxx>; <omega-list@xxxxxxxxxx>
Sent: Thursday, July 19, 2001 12:59 PM
Subject: Re: RANKINGS was Is it time to find a BETTER
toolbox?
> I'm curious to hear more about Neoticker from
> folks who've actually used it. In particular,
> I'm interested in the pattern search deal.
>
> Thanks,
>
> BW
>
>
> >From: "Gary Fritz" <fritz@xxxxxxxx>
> >Reply-To: fritz@xxxxxxxx
> >To: omega-list@xxxxxxxxxx
> >Subject: Re: RANKINGS was Is it time to find a BETTER
toolbox?
> >Date: Thu, 19 Jul 2001 10:22:53 -0600
> >
> > > What I am saying here is that if I had the balls to
> > > translate my Easylanguage routines that my first pick
> > > would be Metastock.
> >
> >I've looked into this, and several friends of mine have
been using
> >Metastock for quite a while. It has nice charting
features but its
> >language is really crude and limited. Several of my
local Metastock
> >friends have ended up buying TS4 or TS2k so they could
experiment
> >with things they just can't express (or can't express
without extreme
> >pain) in Metastock.
> >
> >So I wouldn't put that at #1 unless you plan to do all
your work in
> >DLL's, and I strongly suspect you will be limited with
what you can
> >do then. (Because the DLL's won't be hooked into the
guts of the
> >Metastock engine the way the MS language is.)
> >
> >On the other hand, several people have written plug-in
additions for
> >MS to do things like portfolio testing, and I think you
drive those
> >with DLL code. So maybe with add-ins like that, MS could
be a
> >reasonable alternative. Maybe.
> >
> > > #2 Neoticker (never used, just based upon your words)
> >
> >This one looks promising, and Lawrence seems very willing
to work
> >with users to improve it. They've just released the
realtime
> >version. You can use VBscript, Javascript, or
Delphiscript, so the
> >language should be no problem as long as they've thought
out the data
> >model & libraries properly. The portfolio testing
capabilities seem
> >very limited, though. As far as I can tell, you can run
a system on
> >a basket of symbols, but I don't see any decent portfolio
reports and
> >statistics, or portfolio optimization features. That
might be there
> >and I just didn't see it.
> >
> > > #4 http://www.Ravenquote.com
> >
> >This has no backtesting capabilities, does it? I think
it's just a
> >feature-rich charting app with scanning capabilities.
> >
> > > #4 http://www.cqg.com
> >
> >Could be useful, but the programming language is very
cryptic and
> >somewhat limited. And you're tied into one data vendor,
excellent
> >though CQG may be.
> >
> > > #5 Tradestation 2000i
> >
> >No thanks.
> >
> > > #6 http://www.linnsoft.com
> >
> >Can't tell for sure, but the language looks pretty
primitive. No
> >portfolio capabilities.
> >
> > > #7 http://www.lmt-expo.com
> >
> >This appears to be based on Unix, except the
student/academic
> >version. No indication of cost. Looks like it has a lot
of powerful
> >math support, but I think the programming language may be
basic Excel-
> >like functions. Hard to tell what the feature set is.
> >
> >
> >Someone recently pointed me to http://www.wealth-lab.com.
This is an
> >interesting "trading community" site that supports an
online system
> >testing facility. Some people have been nervous about
the site, not
> >wanting to submit their system code to a website. But it
turns out
> >there is also a stand-alone "desktop" version, and they
are actively
> >working to improve it. Currently stocks only, but
futures are
> >coming. They say by the end of the year they'll have
portfolio-
> >testing capabilities to match anything Trading Recipes
can offer,
> >which is saying a LOT. Not bad for $300, and there is a
free
> >downloadable demo. I haven't tried it yet.
> >
> >http://www.amibroker.com/ has a lot of fans, but so far
it's only
> >EOD, and I think stocks only. Realtime is scheduled for
the end of
> >the year. Portfolio testing is supposed to be possible.
No examples
> >of the language but it's supposed to be extensible with
> >VBscript/Jscript. Only $69.
> >
> >Gary
> >
>
>
>
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