RE: [amibroker] IBD and Amibroker --Tradingbias

Sun, 10 Sep 2006 01:31:25 -0700

I’m familiar with the TradingBasis tool set and can vouch for its utility and ease of use, which has been particularly valuable to me as I’m still learning AFL.  There is a fairly good description of the tool set at the TradingBasis website – and the tools work as advertised.  I’ve been using the software for several months and am quite pleased with it.  The support has been nothing short of exceptional with response times of minutes to a few hours.  The cost is greater than that of Amibroker itself, but Amibroker is so inexpensive compared to Metastock and other purportedly similar packages that I consider Amibroker significantly underpriced relative to its competitors.

 

Please understand that I have no affiliation with Amibroker or Tradingbasis.  I’ve just used a number of different trading software packages over the years and been disappointed in most.  By comparison Amibroker and TradingBasis are clearly bargains.  Unless your programming skills are pretty well developed I think that programming the TradingBasis toolset would be quite a challenge – at least it would be a clear challenge for me.

 

Bottom line:  I have not regretted the purchase.  I hope this helps.

 

With kind regards,

 

Fred

 

From: [email protected] [mailto:[email protected]] On Behalf Of Dennis Brown
Sent: Saturday, September 09, 2006 5:39 PM
To: [email protected]
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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