Steve,

Welcome to the amibroker community. Let me throw my 2c for whats worth.

Basically there are two types of charting software out in the market. 
1) Scanning software with prebuilt rules and generates buy/sell signals. You 
will find a boatload of them on the market. They use pre-defined strategies and 
once you punch in all your symbols they can generate buy/sell signals for you.

2) Second type is the charting/analytics software  - These include 
Amibroker,Tradestation and several others that let YOU define the strategy and 
then help you find the candidates. Lets say you are a position trader, you may 
want to look for strategies that use the eod long term trending models such as 
10day ema crossing above 50day ema etc just to quote an example.   So what 
Amibroker does is to empower you to code  strategy you have in mind. I 
transitioned from AIQ software to Amibroker primariliy because of the 
Flexibility it gives me.... I love the product and it has been a fun learning 
curve.
http://www.amibroker.com/guide/afl/afl_index.php?m=1    Its pretty much upto 
the individual now to come up with ideas to use these functions to get the best 
out of it.   You can combine daily/weekly data...Get free eod quotes and 
boatload of other goodies.

After researching so many products out there, I am yet to come across one that
gives you the toolkit like Amibroker.  and their SUPPORT IS THE BEST I HAVE 
EVER SEEN FROM any charting software vendor on planet earth. If you run into 
any issue during coding and if you need help amibroker user community is here 
to help....and support can assist too. There are lot of inteliget people here 
on this list as well as [EMAIL PROTECTED] Occassionaly you may see some weirdos 
cussing users to RTFM...but those are just exceptions...for the most part, you 
get very good help from amibroker user group here.

I am attaching few links so that you can spend some time looking at various 
systems that are already posted by the amibroker user community.
http://www.amibroker.com/library/list.php This should give you a jump start you 
are looking for.

You may also want to check out http://www.amibroker.com/at/ which talks about 
automated trading.

Hope this helps.

thanks.

Cheers,Padhu


Reply via email to