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Linda, I also would be interested in your Excel procedures with regard to
Quote.com.
Thanks
Bill
> >> 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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