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You'll probably get a wide array of varying opinions on this subject. TS-4
is getting a bit dated these days, but still has a lot of worthwhile
capabilities for back-testing simple systems that are based on price data
and canned studies or simple user created studies.
I've been programming for years and have developed much better stuff than
is possible with TS or other commercially available software, but I
wouldn't have wanted to pay a programmer (probably a few hundred grand or
more) to produce the software.
No easy answers, but if you can't do the programing yourself, any software
that you get from a hired gun will be no better than the specific
instructions that you're able to give him/her and you won't have any
guarantees that you'll get anything that is actually usable --
________________________________________
At 04:52 PM 02/05/2002 -0800, you wrote:
>Hello all,
>
>I would like to test a couple of systems and have been
>concerned that:
>
>1. Tradestation is not supporting the older versions
>and is going to a broker model- their focus is not on
>building testing software anymore.
>
>2. Is it worth getting an older version TS4 or 2000i
>and learning "easy Language" only to find it can't do
>what you had in mind.
>
>or
>
>Hire a programer to build a database to do this type
>of analysis. Does anyone have experience with this?
>The one thing I like about this approach is you are
>not at the mercy of Tradestation and can trust the
>results- although it is probably going to be a
>sizeable undertaking.
>
>Any comments would be appreciated - thanks- Marc
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