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Paul,
Thanks for your feedback on PowerST.
Based on your last email, I just visited their site once again. Once
more, I have been unable to find any useful info, other than the
vendor's assurance about how great and unique it is, but ANY information
that would help me reach a decision is missing. In fact, practically all
pages are empty but this message "This page is currently being withheld
from this public PowerST web site." Heck, if they don't want to tell us
about this or that, just take those pages offline !
I think this must be going on for over two years (I have visited it
again everytime I read relevant posts by Bob Bolotin in this list), so
in my list of software to watch, PowerST has been moved to the
"vaporware" category ...
What I'd like to know about PowerST would be:
Which technical indicators does it support
Can one program own indicators
Which language is used (e.g. VB, JS, Delphiscript, EL-like, etc)
What type of orders are supported (stop, limit, MOO, MOC etc)
What EOD price data formats are suppoted (ASCII, Metastock, CSI etc)
Can I import signals from 3rd party sw (like TS)
How does it handle rollovers
Does it do multiple markets out of a single account
Does it do multiple systems
What type of risk-control functions are available
What betsizing algorithms are supported (ff, fixed-ratio etc)
Once the abovementioned very basic info is provided to my satisfaction,
I would try to verify that it works correctly, by asking the developer
to do a very basic Donchian channel backtest over several markets and
try to replicate his results (like the Darryl Tremelling study a couple
of months ago).
Btw, many software packages that were claiming to have portfolio
capability are based on flawed concepts, but people using them don't
seem to notice or care. Makes you wonder ...
Regards, Michael
"Paul M. Zislis" wrote:
>
> cwest and list:
> Depends on what you need. PowerST IS ready for me - I've been using it and
> happy with it for two years. I need EOD support, not intraday. I don't
> need charting - I have other tools for that. I've seen nothing else on the
> market that supports user defined money management and portfolio analysis
> and testing remotely approaching the power and flexibility of PowerST. If
> you want an excellent system and portfolio development and testing
> environment, and have some programming skills, and want an opportunity to
> influence product evolution, look into PowerST - web site:
> http://www.powertesting.com/ PowerST has performed very reliably for me
> and Bob Bolotin provides excellent customer support.
>
> I don't work for or get paid by Bob Bolotin. Just a paying customer trying
> to set the record straight.
>
> Paul Zislis
> ----- Original Message -----
> From: "cwest" <cwest@xxxxxxxxxxxx>
> To: <fritz@xxxxxxxx>; <omega-list@xxxxxxxxxx>
> Sent: Monday, April 29, 2002 11:12 AM
> Subject: RE: neoticker compared to TS
>
> > I doubt that Bob Bolotin's PowerST will ever be ready.
> >
> > -----Original Message-----
> > From: Gary Fritz [mailto:fritz@xxxxxxxx]
> > Sent: Monday, April 29, 2002 9:09 AM
> > To: omega-list@xxxxxxxxxx
> > Subject: RE: neoticker compared to TS
> >
> > > Volker, tell "us" about the other products.
> >
> > Look at Volker's signature and you can guess what one of them is. :-)
> >
> > The other one I know of is Bob Bolotin's PowerST. It's not in full
> > commercial release yet, and the last I knew it handled only EOD data
> > without any charting facilities, but the portfolio tools are strong.
> >
> > Gary
> >
> >
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