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Michael Stewart wrote:
>Multicharts has an inbuilt EL converter and you can then export as
>xml, its seemless. There are a few functions they haven't got
>round to doing yet to do with positionkeeping and I think
>I_marketposition etc.. maybe thats a copyright issue but they are
>still in business...
Good point.
I don't really see the problem. I look at the TradeStation
function library, and indicator library, and all I see are
EasyLanguage implementations of public-domain algorithms. There is
no intellectual property issue.
I doubt there's even a copyright issue. I can go online and learn
how ADX works and write it myself, for example. It really makes no
difference if you translate TradeStation's implementation of the
MACD indicator or you write it yourself from scratch.
What is special and unique about the functions and indicators
supplied with TradeStation? Nothing, that I can see. The
*comprehensive collection* is a selling point, but not each
individual module itself.
-Alex
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