Guidance needed on latest software

A

AnnaG

Guys

It's been a while since I've been trading, but my intuition's tingling and feel it's a good time to get back into the fray.

I used to use Metastock but wondering if any other programmable systems have come more into favour, or if Metastock's still a decent mainstay.

Also need a good balance of data across all types of markets.

Any thoughts on 2/3 packages I could look at as I google around for a while?

Thanks
AnnaG
 
Broker: IB (https://www.interactivebrokers. com),low fees, offers just about every instrument out there, stocks, futures, options, bonds, oil etc. IB's charts are very basic, though they have chart based trading, which I find intuitive and very easy to use. Tons of webinars, do not need to be a customer to watch them.

I'm using Medved Trader, an extremely intuitive charting package. Still in beta, soon to be in production. Just email support, and try them out for free (http://forums.medvedtrader. com/). Can be used with feed from IB, also other feeds, like Ameritrade, IQFeed etc.

Good luck.
 
Thanks, I'll have a look.

In my earlier version of Metastock I was able to copy/paste the historical price data in Metastock to a spreadsheet. Is this possible with these packages you mention. I always prefer to double-check my trading approach using a simple spreadsheet approach where I can see all the coding?
 
I am totally biased towards Sierra Charts - Futures, Stocks, Forex. Support people may be a little brusque, but tell them of an issue or make a worthwhile suggestion for a tweak and they correct/code it in a day or two.
 
AnnaG said:
Thanks, I'll have a look.

In my earlier version of Metastock I was able to copy/paste the historical price data in Metastock to a spreadsheet. Is this possible with these packages you mention. I always prefer to double-check my trading approach using a simple spreadsheet approach where I can see all the coding?
More...

AmiBroker can do that. For example by doing OHLCV exploration.
Sample exploration code:

Code: 
if ( Status( "action" ) == actionExplore )
{
    format    = 1.2;
    width     = 70;
    Colfont   = colorDefault; // choose font color
    Colcell   = colorDefault; // choose cell color

    SetOption( "NoDefaultColumns", True );
    SetSortColumns( 3 );

    AddTextColumn( Name(), "Ticker", 1.0, Colfont, Colcell, width );
    AddTextColumn( FullName(), "Name", 1.0, Colfont, Colcell, 120 );
    AddColumn( DateTime(), "Date/Time", formatDateTime, Colfont, Colcell, 120 );
    AddColumn( O, "Open", format, Colfont, Colcell, width );
    AddColumn( H, "High", format, Colfont, Colcell, width );
    AddColumn( L, "Low", format, Colfont, Colcell, width );
    AddColumn( C, "Close", format, Colfont, Colcell, width );
    AddColumn( V, "Vol", 1, Colfont, Colcell, width );

    AddSummaryRows( 31, format );

    Filter = 1; // Status( "lastbarinrange" ); etc...
}

Then you click anywhere in the analysis result list and press CTRL+C, then go to Excel and i.e. click into cell A1 and press CTRL+V, see http://i.imgur.com/PuuHF25.gifv
 
Sergio77 said:
So how do you guys make money from simple charts? Does someone pay you to look at charts? :)
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Sergio77

I'll ask you again, what do you mean?

These kind of comments are not helpful for beginners.

I would have thought that these forums exist to help everyone, from beginners to seasoned traders. It's not a place for rampant and misguided egos to spout off.
 
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