Amibroker - Is it King of retail trading software??

[kut2k2]

Quote from GeorgeClueney:

Are you referring to multi-threading and the number of threads in analysis?
Standard Edition 2 threads, Professional Edition 32 threads
http://www.amibroker.com/guide/versions.html‎

Additional info in their manual about efficient use of multi-threading
http://www.amibroker.com/guide/h_multithreading.html

Or do you mean multiple streams of data vendors?
Anyway you can open multiple AmiBroker instances (each one connected to a different source) and multiple Analysis windows and multiple charts. And of course if you feel there is a vendor missing (or anything else) then you have the choice to add your own by using the free AmiBroker C/C++ SDK. But there is another commercial .NET SDK for AmiBroker available if you prefer that one.

Otherwise if you have any technical questions then better ask their support as I'm not affiliated with them but am just a user.

Thanks, George

I'm not talking about multi-threading or multiple vendors, and I probably didn't express myself correctly. I suspect neither AmiBroker nor any other platform vendor is set up to provide what I'm looking for. Thanks for the info.

 

[GeorgeClueney]

Quote from kut2k2:

Thanks, George

I'm not talking about multi-threading or multiple vendors, and I probably didn't express myself correctly. I suspect neither AmiBroker nor any other platform vendor is set up to provide what I'm looking for. Thanks for the info.

Then why don't you tell more precisely what you are looking for instead of keeping yourself in the dark about platform vendors? Again ask their support and you will get a technical correct reply and probably any assumption will be gone.

 

[KeLo]

Quote from GeorgeClueney:

NT doesn't have portfolio backtesting. Only basket backtesting. No portfolio trading possible.
... Not sure about TS.

TS has a newer "Portfolio Maestro" which is still not 100% reliable.
TS is also 32-bit and mostly single-core. TS is working to improve. However, they are still behind both MC and AB in many ways.

 

[gmst]

1) TS, MC, Ninja etc. all these softwares look way overpriced when they are compared against Amibroker. Around 1500$ vs 300$.
2) TS, MC, Ninja etc. are not that user-friendly to scan hundreds of stocks and then trade them by forming a portfolio. Also, portfolio backtesting is clumsy and not user-friendly. On the other hand, Amibroker has always been known for its portfolio approach.
3) Amibroker is much faster than any other competitors. Last topic "State of the art programming" under below link gives benchmarks.
http://amibroker.com/features.html
Quote from webpage:"The AFL language can process as much as 166 million data bars per second on 2GHz CPU"
Another link:http://www.amibroker.com/kb/2008/08/12/afl-execution-speed/
Quote from webpage:Blazing fast speed (Nasdaq 100 symbol back-test of simple MACD system, covering 10 years end-of-day data takes below one second)

4) It seems historically they have always been much more advanced than competition. They had released 64 bit version in 2006, which other competitors have built in last couple of years only.
Second last post from the bottom in this link:http://www.amibroker.com/devlog/2006/03/

5) Amibroker has a single developer behind it. And yet he was able to roll out so many advanced features so early. The website says their software is so cheap because they save on advertising dollars, marketing staff and acquire new customers using word of mouth. And this claim does seem to be true, since Amibroker is not a big sponsor on this forum.This really impressed me

6) I also saw 2 presentations from 2006. The presentations appeared to present a fair and balanced picture of capabilities of the software instead of sleek and misleading marketing.

Having never used Amibroker, I am wondering if Amibroker is really the king of retail software? Is it really the underdog that performance and reliability wise is much better than other software out there? Or are there many dangers, reliability issues, quirks and limitations which plague Amibroker as well?

TradeSim - Is it a competing KING??

From their website, where they explain why Amibroker implements positionscore variable and why it is a bad way to tackle the problem of selection

http://www.compuvision.com.au/Examples/PortofolioOptimizationMyth.htm

Interesting example from their website (check especially part 2)
http://www.compuvision.com.au/Examples/HolyGrailPart1.htm

 

[Alex27]

Amibroker is an excellent piece of work.

The only problem most people will have with it is that it's so comprehensive (and so rather complex) that they might opt for something more simplistic.

But if you are willing to invest your time in mastering it, you will benefit handsomely.

I am no expert, but a friend of mine is a little Amibroker wizard, so I know how powerful it can be.[/QUO


How are you getting on with it now in 2016?

 

[Sergio77]

Amibroker is the best, by far.

 

[Alex27]

Have you compared it Sierra Charts and Matlab etc?

 

[mushinseeker]

AB rules. I wish their support would be more willing to take on consulting work since the system can do so much and unless you are willing to spend time and $ using external consultants to learn its funtionalities, you can only scrape a portion of its amazing flexibility.I've use Sierra, TS, Investor RT, and scripting language in Esignal and TOSwim. AB is by far ahead when it comes to tech analysis. Case in point... With Excel to price out various option scenarios, trader can use AB to figure out questions such as... how much $ will I make or lose if I buy a call butterfly or a vertical spread IF
I put on options position daily at 10am or if price > 5 day mvg average....etc. Those things can't be done with the other systems....