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My overall impression from this list is of poor service and reliability of
Tradestation. I used TS4 and Easylanguage for years with few problems other
than the limitations of EasyLanguage before reluctantly changing to Wealth
Lab. That was the best decision I have made for a long time. Wealth script
is different to Easylanguage but no harder!. I am self taught and way below
the programming ability of many who frequent this list but within a day I
was able to convert anything I had written in easylanguage to Wealth Script.
So guys it is not hard!
But the real advantage of Wealth Script is the ease with which you can test,
and simulate using portfolios of stocks, not to mention the ability to
optimize on a portfolio rather than as in TS one stock at a time AND to scan
a large portfolio for your setups. If you have done it you know what I am
talking about! TS is extremely cumbersome! if you can do it at all!
This is starting to sound like an advertisement for WL but I have no
connection other than a happy user. I think some of you need to take the 30
day trial and see for yourself. If you can get past the "I don't want to
learn a new language" thought ( and the thought is the only problem, reality
is easy!) I think you will be amazed.
One last comment. With WL you will get superlative customer service response
and bug fixes within hours.
Don't get me wrong, this is not the perfect product and improvements are
happening continuously but it is way better than TS and EL.
Hope this helps someone
Good trading
Robin.
---- Original Message -----
From: "Leslie Walko" <l.walko@xxxxxxxxxxx>
To: "Alex Matulich" <alex@xxxxxxxxxxxxxx>
Cc: <omega-list@xxxxxxxxxx>
Sent: Wednesday, February 12, 2003 9:29 PM
Subject: Re: "TS2001i fiasco"?
> Alex:
>
> Just look at the Esignal script language examples published in
> Technical Analysis of Stocks and Commodities. The Esignal Script
> is pretty grim. It makes Wealth Lab Script look elegant and
> concise.
>
> Seriously, Pierre O. has posted on this topic before, but it is
> worth repeating. If you are doing conceptual modeling of a
> problem, be that robotic arm control, space satellite antenna
> alignment simulation, trading financial markets, or whatever, the
> very FIRST thing that must be developed is a language of
> discourse for describing the problem. This is the strength of
> Easy Language.
>
> TS is a very fine modeling and simulation environment precisely
> because Easy Language is built on a good conceptual model of the
> trading domain. The competition, alas, sucks. Therefore, price
> becomes irrelevant.
>
> Leslie
>
>
> Alex Matulich wrote:
> >
> > Bob wrote:
> > >All new software from Omega has always been unusable for several
> > >releases. They don't seem to know how to do adequate testing before
> > >they release it.
> >
> > Actually, that was a fairly typical software development cycle in the
> > 1980s:
> >
> > 1. Announce software product availability
> > 2. Develop the software
> > 3. Ship
> > 4. Test
> >
> > Omega hasn't grown out of it.
> >
> > >>Esignal comes to mind.
> > >
> > >Thanks God for competition...
> >
> > I didn't know esignal had similar capabilities to TS. Hmm (looking at
> > their web site) wow! They use Javascript. Bit more of a learning curve
> > than EasyLanguage, but it'll work. I'd like to know how "simple" their
> > version is, though. It would be nice to see some examples of strategies
> > and indicators written with EFS.
> >
> > --
> > ,|___ Alex Matulich -- alex@xxxxxxxxxxxxxx
> > // +__> Director of Research and Development
> > // \
> > // __) Unicorn Research Corporation -- http://unicorn.us.com
>
> --
> Regards,
> Leslie Walko
> 610-688-2442
> --
> "Life is a tragedy for those who feel, a comedy for those who
> think"
> Horace Walpole, 4th earl of Orford, in a letter dated about 1770
>
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