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Dennis,
I have owned TradingBasis for about 4 months now, and can only give it the highest praise. Thomas, the developer, has bent over backwards to answer my question and has even written custom code at my request. In fact, the Guppy Multiple Moving Averages that is now part of the full package was written specifically at my request. I find the Industry/Sector Composite ratings to be especially useful on determining strongest Industry groups and stock rating within those groups. I use many of the tools in TB on a daily basis. I know the program is pricey, but in my opinion worth every penny I paid. As far as your ability to write the indicator code yourself, I am sure you could.....if you are very proficient in programming and are willing to devote a lot of time to the project. Thomas has explained to me that the reason he doesn't offer a free trial has to do with the way his code ties into AB, which makes a free trial impossible under the current coding of AB. I can give you no information on return policy, as I have seen absolutely no reason to inquire. As long as I have and use AmiBroker I will have and use Trade Basis in partnership with it.
I hope this give you a bit more information to help you make a decision.
Sincerely,
Don Lindberg
-------Original Message-------
Date: 9/9/2006 5:57:40 PM
Subject: Re: [amibroker] IBD and Amibroker --Tradingbias
Fred,
I have also been looking into the Tradingbias tool set. I was about
to post to see if anyone else on this list has them and can comment
on them.
I sent in questions about a week ago to the developer, but have yet
to receive a reply. That does not give me a good feeling for the
quality of support I would be getting. They do not offer a trial, or
a money back guarantee, so it becomes buying on faith.
Without the recommendations of real users (who know what they are
talking about), or professional technical reviews, or even any
responses from the developers, I would be a fool to part with my money.
If the developers are serious about selling their product, they must
find a way to get over this hurdle. Until something changes, I
remain unconvinced.
Of course, if the indicators are no better than what you can put
together from the free examples and a little reading and AFL writing
on your own, then the developers should continue in the same way to
see how many fools will part with their money.
On the other hand, I have also looked into KwikPop. They offer a lot
of information about their product, and offer a free trial. I have
looked at all their videos and pdf files and even watched a live demo
for a day. It is worth looking at all their material even if you
don't get their product. It has potential, but the free trial does
not run on AmiBroker yet, so I can't try it out yet. It also costs a
lot per month to "subscribe" to their indicators. I suspect that is
due to the large amount of hand holding and education that they put
into the product on an ongoing basis. They seem to be really focused
on day-trading futures, which is not my thing right now. It is on my
watch list, but I would prefer to have a solution that was written in
AFL that I could understand and then modify if I wanted to try out
variations on a theme. However, I would still give it a trial for
the kind of trading I do if it ran on AmiBroker.
Dennis
On Sep 9, 2006, at 3:52 PM, fredjaul0912 wrote:
> From the recent postings on RSI as well as my experiences via local
> AAII and investing meetings, there is a lot of interest in using IBD
> and Amibroker. Information on RSI has been invaluable.
> Is anyone willing to share more on their use of IBD and Amibroker
> here? I have a "system" (very simple at that) that uses the IBD
> Monday
> Special Edition and Amibroker to find the "stongest" stocks for mid-
> term trading.
> Also interested in hearing more concerning everyone's uses of the
> Tradingbasis.com tools available for Amibroker. Since the tools cost
> more than the software itself, I'm having a hard time deciding their
> value and overall uses in conjunction with IBD strategies.
>
> Thanks
> Fred
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