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John,
I would take a look at Amibroker. It is in the formative stages of
development but does have backtesting capability for EOD data. But more
importantly, it has true developer support. The developer has put out 4
updates in the last month based on the suggestions of the users. There is
an active user group at egroups and the developer actually responds to
users! (Imagine if other vendors did that).
It has a programming script language, but it also has the ability to slip
into VBScript or JScript if the scripting language cannot meet your needs.
>From a cost standpoint, it can be evaluated for free, and when you purchase
it is $69.00. But don't let the low cost fool you or put you off. It is
more capable than most end of day programs.
I would recommend that you look at the newsletters available on the website
www.amibroker.com to get a good idea of what the program can and cannot do.
Now if it could only do real-time....
Ed
----- Original Message -----
From: "John Nelson" <trader@xxxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, June 04, 2001 11:16 AM
Subject: [RT] Is Tradestation still top dog?
|
| All,
|
| I have a fairly open ended question, sorry if it sounds unfocused.
|
| I've been a Supercharts user for many many years, and this program has
| served me well, as long as I could obtain systems and studies which were
| precompiled into ELA format.
|
| I would like to get into much more detail analysis and trading strategies
| that just can't be done without the power editor and a full-blown
| backtesting/trading system.
|
| So the question "is Tradestation still the best product for the money to
| do this"? Or should I embark on a Visual Basic or Java coding project to
| do the same? There's been a LOT of complaints about Tradestation in the
| past and I don't want to go to all the expense for something that won't
| cut the mustard.
|
| Also it seems that Omega is moving towards online subscription services
| which is not something I really think I want (although I could be wrong).
| I have my own data feed which works just fine thank you. All I really
| need is the ability to program systems, etc.
|
| Since I have my own data feed, programming everything from scratch in VB
| or Java has its appeal, but of course its a lot of work too.
|
| See? I told you it was an open ended question :-)
|
| Should I "move up" (or go someplace else)?
|
| -- John
|
| --
|
| __________________________________________________________
|
| John T. Nelson | John's Trading Journal
| trader@xxxxxxxxxxxxxxx | http://trader.computation.org/
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