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I have to agree with Volker on this one. I use Ensign on a daily basis.
Whilst I can't say I find their language as fast to develop in as EL, in
terms of tolls and facilities this software is developing at speed. There is
a release on average once per week. Sometimes the new/revised facility is
only a small step forward; on other occasions there is major additional
functionality. For those thinking of say Ad. Get or similar have a good hard
look at Ensign.
----- Original Message -----
From: "VK" <vk@xxxxxxxxx>
To: "'Neal Hughes'" <tradero@xxxxxxxxxxxxx>; <tachyonv@xxxxxxxxxxxxx>;
<omega-list@xxxxxxxxxx>
Sent: Sunday, November 17, 2002 6:14 PM
Subject: AW: FW: Omega-List email format
Neal.
Before you take the summary as it is you should read my summary. It has
some valuable information that all you should know. With out trying to
be respectless, but the information is to vague like:
>7. Ensign Software has some interesting cycle tools that no other
package
>has. But it seems to be an older package. www.ensignsoftware.com
What does Vince mean, no other software has what?
What does he mean by an older package?
Not that I ma trying to defend "Ensign" or saying he is right or wrong,
but there is NO information. To have an opinion is easy, to reasoning it
and defend it in an argument is what is needed before information should
go out as is.
Do you see what I mean?
Regards.
Volker Knapp
Wealth-Lab Inc.
http://www.wealth-lab.de
http://www.wealth-lab.com
-----Urspr|ngliche Nachricht-----
Von: Neal Hughes [mailto:tradero@xxxxxxxxxxxxx]
Gesendet: Sonntag, 17. November 2002 17:38
An: tachyonv@xxxxxxxxxxxxx; omega-list@xxxxxxxxxx
Betreff: Re: FW: Omega-List email format
Vince,
Excellent summary!
May I have permission to post it on my trader web forums?
http://www.fibmarkets.com/cgi-local/yabb/YaBB.pl
It would be great to get a similar summary of on-line brokerages..
Thanks,
-Neal.
At 10:24 AM 11/17/2002 -0600, Vince Heiker wrote:
>There are several real time software alternatives to TradeStation 6 or
>2000i.
>
>1. If you don't mind paying high trade commissions, having unreliable
and
>slow data feeds during peak periods, and arrogant support, then
RealTick has
>the best charting and studies by a now-slim margin over two other
packages
>mentioned below, and acceptable (if sometimes buggy) order execution
>functionality. www.realtick.com
>
>2. If you want a package that is just about equal to RealTick in
charting
>and studies, that is about equal to EL with its own language, and that
has
>excellent real time scanning capabilities, try TickQuest's NeoTicker.
It
>does not have any order execution functionality, and as far as I know
does
>not integrate with any broker's account management software. But it is
a
>killer charting, studies and scanning tool, in real time. Works with
at
>least a couple different real time data feeds. www.tickquest.com
>
>3. Investor/RT from Linnsoft is about equal to NeoTicker. Same deal,
no
>order execution. www.linnsoft.com
>
>4. ProTrader's gr8trader is probably the best order execution
software.
>Its charting and studies and scanning are not the best (I don't like
them at
>all). Commissions can be low if you trade enough. www.protrader.com
>
>5. NexTrend's Analysis for charting and studies, plus Nextrend's EDAT
order
>execution system, along with NexTrend's outstanding data feed (best
>reliability and speed of any real time software over the Internet) -
EDAT
>will be outstanding once debugged and once some brokers offer it....its
>functionality in some ways is better than gr8trader...but it is not
>compatible with ZoneAlarmPro firewall, and possibly not with some other
>firewalls. Analysis is ok but not the equal of Investor/RT, RealTick
or
>NeoTicker, for charting and studies. www.nextrend.com
>
>6. If you can accept its trading method and poor charting, Spectre IV
has a
>cool Level II and T&S, plus a test mode with which you can simulate
live
>trading in real time in real market conditions....forward test, in
other
>words, within it limited studies and charting. www.sl4trader.com
>
>7. Ensign Software has some interesting cycle tools that no other
package
>has. But it seems to be an older package. www.ensignsoftware.com
>
>8. NeoVest's First Alert is probably the best real time scanning tool.
But
>its price is horribly high especially considering that it does not
include a
>data feed in its high monthly lease price. www.neovest.com
>
>9. Advanced Get, especially if you are a member of the Gann or Elliott
>religions. www.advancedget.com.
>
>FYI, I've tested over 80 trading software packages over the past two
years.
>I like RealTick the best but cannot abide its arrogance, cannot trade
with
>its unreliable, undependable,.slow peak period data feeds, and its high
>commissions and costs.
>
>If TickQuest or Investor/RT had integrated order execution with good
>functionality, and integration with brokerage account management, then
they
>would be the best. NexTrend could also become the best, but has a ways
to
>go yet.
>
>For now, I use TradeStation because of the low commission costs and
>comparatively moderate TradeStation costs, and impatiently accept its
>glaring deficiencies while awaiting improvements. Now that Bear Sterns
owns
>TSS and TS, tool, I expect Bear Sterns to significantly improve the
aged TS
>over the next 24 months.
>
><sigh> No holy grail automated mechanical system exists nor will ever
exist
>and <bigger sigh> no totally perfect trading software + data feed
exists
>yet.
>
>
>Vince Heiker
>Flower Mound, Texas
>
>---
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