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    Obama Tax Cuts

    Ireland is an outsourcing leader because of skilled labor and relatively low wages. Tax policy has less to do with it. Excluding the GAO study that showed that 2/3 of corporations pay no taxes at all (because of the flaw of their methodology around LLCs and S-Corps), corporate taxes as a %...
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    Obama Tax Cuts

    This is a bunch of misleading statistics - you're quoting the statutory tax rate which can be as high as 40%. However, just about no corporations pay that rate due to deductions and depreciation. The average rate for a corporation, if they pay taxes at all, is around 6%...
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    FNM and FRE bailout bullish or bearish

    Futures are certainly up on the news as I expected - as of this writing: YM: +217 (1.95%) ES: +28.75 (2.34%) NQ: +33.75 (1.9%) ER2: +14.70 (2.05%) All have faded a bit from when the markets reopened.
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    How to create my own index

    When you're selecting from a large group, you have a feature called "Position Score" - you can rank based on any criteria. So, for instance, you could do: PositionScore = ROC(C,50); This would take the top five based on Rate of Change over a 50-day period. Or you could do...
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    How to create my own index

    One more comment - you may want to look at Stockfetcher - nice and simple. The challenge is that you can't create custom indices as far as I know - might be possible....I'm new to it.
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    How to create my own index

    I think you're missing out by not looking harder at Amibroker - what you've described is approximately 4-5 lines of code in AB. For instance, here's the code to calculate 50 day lows on the SPX as an index: AboveAvg = Close > LLV(Close,50); Buy = 0; AddToComposite(AboveAvg...
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    How to create my own index

    I'd recommend Amibroker. I use it to create all kinds of custom indices. It's a piece of cake to create them using the Add-to-composite feature. So basically what you do is just define a script for how the composite is calculated, then use the Add-to-composite to create the price data. From...
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    What platform are you using with your IB account?

    I've used Amibroker and Quotetracker - both are good.
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    Deciding on a Backtesting and Trading Platform

    Can you provide an example so I get what you're talking about?
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    Deciding on a Backtesting and Trading Platform

    Murray - can you provide details on what virtual backtesting is? I'm a Tradersstudio user and I don't know what it is but I've heard it is interesting! I'm a user of Amibroker and Tradersstudio - I think they're both great tools but are different - AB is great prototyping and TS for doing...
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    Jim Rogers: Citigroup is a buy at $5

    Uh, I don't know when he said his bearish comment on idea, but IFN, the India ETF, is down about 50% this year so far.
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    broker for small account

    Doesn't exist as far as I know - you've got: - IB - your account is too small - MBTrading - doesn't offer charting software - Thinkorswim - great platform (especially for options) - they have a stock fee of 0.015 per share BUT they have a $5 minimum (as opposed to IB's $1 minimum). -...
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    OpenQuant + AmiBroker: my recipe for building robust Automated Trading Systems

    The scanner, like the backtester, adjusts dynamically to the amount of data available. Meaning, if you have 10 securities and 5 go back to 1987 and 5 only go back to 1995, the scan will start with the data that is available and then incorporate the other securities as it "reaches" them in time...
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    OpenQuant + AmiBroker: my recipe for building robust Automated Trading Systems

    Incidentally, if you want to read more about this feature, here's a link: http://www.amibroker.org/3rdparty/ Download the document titled: "IntroToAtc.pdf" Or I think you can access the manuals as well.
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    OpenQuant + AmiBroker: my recipe for building robust Automated Trading Systems

    Amibroker has the concept of a "composite" - this is run prior to running a backtest. The composite can be made up of just about any rules/data you like. For instance, let's say I want to look at number of new lows in an index to construct a trading strategy. I create a "scan" that creates a...
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    OpenQuant + AmiBroker: my recipe for building robust Automated Trading Systems

    I'm going to chime in here - frankly I found this review very off-base. For instance, there was a complaint about AB's charting capabilities - I've found there's really only one thing it doesn't do particularly well - point and figure charting. But that's about it. And I'm sure that even...
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    OpenQuant + AmiBroker: my recipe for building robust Automated Trading Systems

    While I agree it doesn't come out of the box with a huge number of strategies, there is a huge number on the Yahoo Groups site. I haven't had any issue finding an example of something I wanted to program. Also, frankly, the syntax is so easy that I've found it easy to go to Wealth-lab and...
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    OpenQuant + AmiBroker: my recipe for building robust Automated Trading Systems

    Yes, very easy to do. After importing the data into a symbol (of your naming), you then just reference it from within your script using the Foreign function. So you can say: fc = Foreign("Myticker","C"); then I can do things like average it: fcMA = MA(fc,20); //20ma of FC
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    OpenQuant + AmiBroker: my recipe for building robust Automated Trading Systems

    I've found the syntax in Amibroker is so much briefer than any of the other platforms (Tradersstudio is main other one). That means I can craft something very quickly, and then, after testing, spend the time to move it over. Make sure you use the same data source!
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