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--- Michael Berger <mberger@xxxxxxxx> wrote:
> 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.
yep. it is the first version we offer backtesting,
so keep it simple such that it will not steer to
the wrong direction too early too far :)
optimization will be offered when the system testing
part is more mature - I do not like putting in
features that will become useless.
>
> 2. There are a max of 8 variables.
yep. 8 per indicator at the moment, not because
of architecture issue, but would like to offer
a crisp UI for normal real time usage. If there
are better ideas to present unlimited parameters
with customizable dropdown like what we have now,
will change UI to take unlimited parameters :)
>
> 3. They use a scripting language, as wealth-lab
> does, so it
> might also have speed issues.
The scripting is based on MS Scripting Technology,
and from what I have done so far, I can tell without
proper coding of the core evaluation engine, you can
expect real slowness in calculation, maybe Wealth-Lab
suffers that?
Try the demo with EOD data to check out the speed
issue
yourself. NeoTicker can grab Internet based daily
data directly and can run in offline mode. So you
do not need to scramble for a datafeed to work with
it :)
TS4 is based on direct array access with EL.
It is fast.
NeoTicker is object oriented, providing more
flexibility, at the cost of slightly slower speed.
For complex calculation, you can always use DLL ...
>
>
> Anybody with first-hand knowledge?
Aside from being one of the primary developer of
NeoTicker, I still trade real time :)
Dropped TS4 from my backup feed since NeoTicker
went v1.3 as I finally moved all the indicators I
currently use over to NeoTicker.
Lawrence Chan
http://www.tickquest.com
>
> > >
> >
> >
> >
>
>
> ----- 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.
>
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