MetaStock 8 RT vs. TradeStation 6

BCE · Dec 9, 2002

Just wondering which software, MetaStock 8 RT or TradeStation 6 people prefer and what the main differences, advantages or disadvantages are. Just looking for some feedback from people that have used both or one or the other extensively. I've used TC2000 and it's okay but my yearly subscription is almost up and I'm looking for something a little more sophisticated. Thanks.

aktrader · Dec 11, 2002

They are both good programs. In my opinion, EasyLanguage is a lot more powerful than the code for MetaStock.

LongShot · Dec 11, 2002

what's wrong with www.amibroker.com

Ditch · Dec 11, 2002

Have a look at this www.ensignsoftware.com

aktrader · Dec 11, 2002

There is nothing wrong with AmiBroker. It is a good program. He asked MS8 vs. TS6.

candletrader · Dec 11, 2002

TS has better backtesting than Metastock...

aktrader · Dec 11, 2002

I agree. TS6 has better back testing and their intra-day historical data goes back two years on most stocks and indices.

gnome · Dec 11, 2002

I've used MS Real-Time programs for >10 years, and not thinking of changing. Simple and intuitive to operate, great charts and chart management, reliable, and support has been excellent.

However, I'm mostly a chart player + a few of the simple indicators. I've never delved into MetaStock's more sophisticated studies... (Oh, I fiddled with them years back... only to conclude that most are not worth 2 dead flies!. I don't bother any more)

BCE · Dec 11, 2002

Thanks for your replies everyone. (Took you all long enough - Ha

) I was thinking, from other things I've read, that these were some of the realities of these two programs. Does TS 6 have 1 minute intraday data going back 2 years?
PS I know about Ensign software too and will check out AmiBroker. Thanks.

aktrader · Dec 11, 2002

Yes, TradeStation has 1 minute historical data for the past two years on most stocks and indices.