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Re: FW: GEN-data costs info



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AIQ is coming out with a product the end of December 97 called the Expert
Design Studio.  It is very easy to use and does not require the programming
language education of TradeStation.  I have been alpha testing this since
February 97 and it was officially announced at the AIQ Tahoe Seminar the end
of September 97.  It will do all of what you want it to below, plus it is
extremely fast!.  I can scan my database of 1500+ stocks for any type
pattern I want and it takes about 1-2 minutes (fastest on 233 mhz and
slowest on 486).  As you are scanning, when it finds a stock that meets your
criteria, you can chart it in AIQ as EDS continues to scan.

This will be the "competition killer" in my mind.  There is no other
software product on the market in the price range of AIQ that comes close to
this new Expert Design Studio module.


-----Original Message-----
From: Bob Fulks <bfulks@xxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Sunday, October 12, 1997 12:17 AM
Subject: Re: FW: GEN-data costs info


At 11:06 AM -0700 10/11/97, Kawika Ohumukini wrote:

>Bob...You are doing what I do as well. In addition, I filter out other
>things like stocks that don't meet my volatility standards (mostly
>financials) and IPOs (I put them in their own directory for 1 year). I
>also used to d/l all 10K+ stocks and after filtering out the garbage I
>ended up with something like 5K. D/L and scanning sure take a lot less
>time.

I scan all 10000 stocks with a filter that looks for stocks that meet my
volatility and price criteria. I usually look for stocks where >10% of the
bars have a range of >10% of the closing price, AND the average dollar
volume traded is greater than $1.0 million, AND the closing price > $10.
These I find useful for daytrading. I only need to scan the list
occasionally to build a custom data list I work with each day. I ran the
scan today and got 355 stocks that met those criteria.


>Right now it all has to be done manually but I am slowly working on a
>better way which involves manipulating the database and headers of the
>individual files, very messy, but should be effective.

Let me know if you can do this. It is pretty painful to do it manually.

>My wishlist for Omega, which they have a maillist for, is since their data
>structure uses Microsofts ODBC Engine, they should either write a better
>downloader which integrates with Custom Lists in Tradestation and allows
>more advanced filtering/copying/deleting or open it up and let programmers
>use applications like ACCESS and Visual Basic to manipulate the data,
>files, and directories. Due to the proprietary nature of datatypes,
>databases, and structures in the securities analysis industry I doubt they
>will comply but it was worth a shot.

Good idea.

Bob Fulks


--
Bob Fulks
bfulks@xxxxxxxxxxx