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I agree,
Thanks Earl!!
Quote.com has solved many problems I have been having been having with data
feeds and software!
Linda,
Can you give a quick run down on how you are using Qfeed to update Excel?
Thanks.
David
----- Original Message -----
From: Linda Swope <lswope@xxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Sent: Tuesday, April 06, 1999 1:56 PM
Subject: Re: Future of trading data/software
> Thanks Earl!!!!!!
>
> Earl's glowing evaluation of Quote.COM's QCharts came at a time when I was
> in a frustrating trial period with Signal. I was trying to use Signal
with
> Metastock Pro and kept losing my connection. Bars were missing from my
> charts, making it all worthless. So I gave them both the boot and signed
up
> for Quote.com. Other than missing drawing tools, I love it! The TA tools
> are better than Signal. And QFeed feeds into my Excel chart that
calculates
> Fib at the same time I'm running charts. And it hasn't missed a beat
yet...
> no lost connections. Even the price was right!
>
> Wish everything were this easy!
>
> Linda
>
> linda@xxxxxxxxxxxxxx
> Climb the mountains & get their glad tidings: Peace will flow into you as
> sunshine into flower; the winds will blow their freshness into you &
storms
> their energy, & cares will drop off you like autumn leaves. John Muir
1838 -
> 1914
>
>
> -----Original Message-----
> From: Earl Adamy <eadamy@xxxxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Date: Monday, March 29, 1999 3:31 PM
> Subject: Future of trading data/software
>
>
> >Some of you will remember that last year I embarked upon a journey away
> from
> >what I considered to be poor quality, poorly supported Omega products. I
> >thought I'd found something better in TradeLab but it was repeatedly
> delayed
> >and in due course, with the millennium approaching, I moved on to
evaluate
> >other products. In the course of that journey I tried internet based data
> >feeds and software and found them wanting (to be charitable). I also
tried
> >quite a bit of software I'd never looked at before. In due course, I
> settled
> >on DTN satellite and Ensign, however my HOA forced me to get rid of the
DTN
> >dish and then my cable company dropped CSPAN2 which carried DTN cable.
> >Having considerable confidence in Ensign and quite a large body of custom
> >Ensign trading code, I looked around for an Ensign compatible data feed
and
> >my only remaining choice was Signal On-Line real-time. Not only was SOL
> >considerably more expensive than DTN satellite/cable, but I found the
> >customer service to be atrocious and no delayed quotes are provided for
any
> >exchanges for which I do not hold real-time exchange agreements (over
$200
> >month for all futures exchanges). Ensign/SOL does provide 3 days of tick
> >data which can be used to fill in gaps or initialize a chart, however
this
> >is not enough to get a 40 or 60 minute chart up to speed and historical
> data
> >beyond the 3 days is not available.
> >
> >Through a combination of circumstances, I recently looked at quote.com's
> >QCharts/QFeed service. I was really turned off by no response to several
> >questions I e-mailed to quote.com "support" but several users kept saying
> >how great the service is so, I persevered and signed up for the $80 month
> >QCharts service. The internet data feed (called QFeed) includes real-time
> >indexes and delayed feeds from all major exchanges. Wanting to get the
best
> >possible feel for the future of this kind of service, I decided to try
the
> >QCharts 2.1 beta software in lieu of using the existing 1.0 version - the
> >beta software version is available to all subscribers.
> >
> >WOW! Imagine a data feed where you never have to worry about the data -
all
> >data for all symbols in all time periods is available on demand. When the
> >charting software (QCharts or any QFeed compatible software) asks for a
set
> >of bars, the QFeed servers deliver them on demand in sufficient quantity
to
> >fill the chart from left to right and scrolling left delivers more bars.
> For
> >example, my "Indexes" layout includes charts for several different
symbols
> >across 1/2/9/45 minute and daily time frames all updating in real-time as
> >each bar is completed as well as a quote page with the latest prices.
Tick
> >charts are available, however multi-tick charts e.g. 20 tick bars are not
> >(yet) available. The QC status bar shows which QF server is being used
and
> >the delay to hundredths of seconds in receiving quotes. If one QF server
> >has trouble or the connection degrades, QF is programmed to switch to
> >alternate QF servers. If you lose your ISP connection, you will get a
fresh
> >set of charts when you log back into QF. The QCharts software I'm using
is
> >not browser based, is extremely well-designed, and is very easy to use.
> >Although it still lacks a few features (drawing tools and custom studies)
> >which many traders will want; I would expect to see these features in the
> >not too distant future. The QFeed included with QCharts provides the
> ability
> >to access the data feed directly from many development languages
including
> >VB and the QLink utility enables Excel to use the data feed for real-time
> >calculations.
> >
> >As an indication of performance, I have a currencies layout which
includes
> a
> >quote page with front and next contracts for the major currencies, 5
minute
> >chart, 40 minute chart and daily chart. With the June DMark displayed,
> >clicking on the June Yen in the quote page reloads the bars in all 3
charts
> >with data for the Yen in about 7 seconds. Switching from my Currencies
> >layout to Indexes layout which includes two quote pages, June S&P 2/9/45
> and
> >daily charts, June E-Mini 1 minute chart, and premium chart, required
about
> >15 seconds before all charts were loaded with bars. I've got a full load
of
> >apps open on my "ancient" p133 with 128 meg running WinNT 4: SOL Data
> >Manager (7 meg, 2% CPU), Ensign32 (18meg 8% CPU), QCharts (29meg, 8% CPU)
+
> >other apps including TextPad, Ecco, Outlook Express, and SuperCharts 4
EOD.
> >The memory and CPU usage shown for the real-time apps are for comparable
> >index layouts. Task manager is consistently showing 75% CPU idle and 80
meg
> >of unused physical memory.
> >
> >Is QCharts/QFeed the be all and end all? Not yet, anyway, but it
certainly
> >shows where the future is going in trading software and data feeds. And
> that
> >future is not in data feeds costing $2000-4000 annually (without data
> >refresh or exchange fees) or in high priced stand-alone software
behemoths
> >requiring the fastest available processors and prodigious amounts of
> memory.
> >Based on the improvements I've seen in internet data feeds and software
> >during the past 12 months, I would expect to see several extremely
powerful
> >internet based datafeed/software combinations available within 6 months
at
> >very modest monthly cost. I would not look for these products from the
> major
> >established data feed and software vendors.
> >
> >Earl
> >
> >
> >
> >
> >
> >
> >
> >
>
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