Here is one study:  http://www.csidata.com/csi/reviews/reprintsep99.html

Bill

----- Original Message ----- 
From: "brian_z111" <[EMAIL PROTECTED]>
To: <[email protected]>
Sent: Friday, February 15, 2008 12:35 PM
Subject: [amibroker] Re: AP's RT data feed - for MarkK


> Steve,
> 
> I would like to know how I can decide if EOD data is clean or if 
> intraday data is up to the demands.
> 
> It is a subject that I don't see much quality discussion on.
> 
> For EOD data my best ideas so far are:
> 
> 1) Data includes raw data - I can compare raw data to other providers 
> raw data - I can't compare it to an absolute benchmark because there 
> isn't one.
> 
> 2) Data inlcudes a record of all split events and the corresponding 
> split factor I can check the event records independently and check 
> the math.
> 
> 3) I can apply the split factor or see the results of it's 
> application so I can check the math.
> 
> 4) The event calendar should inlcude non-trading days for the market 
> and stand down trading days for companies.
> 
> 5) Data can be padded or unpadded (optional).
> 
> I can't think of any other way to measure data quality.
> 
> I don't think any data provider meets the criteria - maybe a few.
> 
> 
> For intraday:
> 
> What could I possibly do?
> 
> Buy raw tick data from several providers, compare them for a 
> consensus and filter it myself ?
> 
> I am at a loss on that one.
> 
> Of course another option is to trade in such a way that bad ticks and 
> unclean EOD data don't affect the outcomes very much (that could be a 
> lot easier than the above).
> 
> brian_z
> 
> --- In [email protected], "scourt2000" <[EMAIL PROTECTED]> wrote:
>>
>> 
>> Mark,
>> 
>> No successful intraday real-time trader who does this full-time 
> would 
>> ever drop eSignal for Gary's new real-time service.  
>> 
>> It's a pennywise and pound-foolish decision. 
>> 
>> He's fine for clean end-of-day data.  But he's way out of his 
> league 
>> for the demands of intraday real-time trading.
>> 
>> 
>> --- In [email protected], "MarkK" <MailYahoo@> wrote:
>> >
>> > Brian,
>> > 
>> >  
>> > 
>> > So far I am very happy with the QP  RT beta testing
>> > 
>> > I believe that when it goes live they will be taking a lot of 
>> customers away
>> > from the other services
>> > 
>> >  
>> > 
>> > It is a much better value than other things out there, and so far 
>> the data
>> > has been accurate
>> > 
>> >  
>> > 
>> >  
>> > 
>> > MarkK
>> > 
>> > 
>> > 
>> >   _____  
>> > 
>> > From: [email protected] 
> [mailto:[EMAIL PROTECTED] 
>> On Behalf
>> > Of brian_z111
>> > Sent: Friday, February 15, 2008 7:47 AM
>> > To: [email protected]
>> > Subject: [amibroker] Re: AP's RT data feed - for MarkK
>> > 
>> >  
>> > 
>> > > I am looking for an RT data provider. I used eSignal for a 
> couple 
>> > >of years, then quit and am ready to resart, but don't likr their 
>> > >fees.
>> > 
>> > QuoteTracker and LiveCharts have the $60 and $20 version of 
> eSignal 
>> > if you don't mind less backfill and fewer symbols.
>> > 
>> > I have read of a few issues with LiveCharts but surely we can 
> make 
>> it 
>> > work (a lot of the problems also came about because people still 
>> > wanted it free after it changed to pay for play a year ago - of 
>> > course it doesn't work if ou don't pay).
>> > 
>> > A couple of users said it was slow - I don't know - I haven't 
> tried 
>> > it yet but I will.
>> > 
>> > brian_z
>> > 
>> > --- In [EMAIL PROTECTED] <mailto:amibroker%40yahoogroups.com> 
>> ps.com, "Ara
>> > Kaloustian" <ara1@> wrote:
>> > >
>> > > Mark, 
>> > > 
>> > > I am looking for an RT data provider. I used eSignal for a 
> couple 
>> > of years, then quit and am ready to resart, but don't likr their 
>> fees.
>> > > 
>> > > Would you elaborate a bit on AP. Never heard of them
>> > > 
>> > > Tx
>> > > 
>> > > Ara
>> > > ----- Original Message ----- 
>> > > From: MarkK 
>> > > To: [EMAIL PROTECTED] <mailto:amibroker%40yahoogroups.com> 
>> ps.com 
>> > > Sent: Friday, February 15, 2008 3:36 AM
>> > > Subject: RE: [amibroker] New EOD data feed other than Quotes 
> Plus
>> > > 
>> > > 
>> > > Dan,
>> > > 
>> > > 
>> > > 
>> > > I use QP for EOD data, and am happy with the fundamental data 
>> > that they provide. Not sure there is another service that offers 
> as 
>> > much in that area
>> > > 
>> > > I also use Fast Track for EOD data. Some market internal data, 
>> > no fundamental data to speak of, however the data has been 
> cleaner 
>> > than QP EOD day data. For Mutual fund data not sure there is a 
>> > better service out there.
>> > > 
>> > > 
>> > > 
>> > > Have been an e-signal subscriber for RT data now for 4 years. I 
>> > cancelled my subscription since they kept raising their prices, 
> and 
>> > went to IQ feed. Used them for a month then they raised their 
>> > prices. Luckily I was abe to beta test AP's RT data feed. So far 
>> > they have been very responsive on the changed needed to make it 
> an 
>> > excellent RT service, and at a reasonable price.
>> > > 
>> > > 
>> > > 
>> > > I would suggest you get hold of Gary at QP and let him know 
> about 
>> > your issue. I would think you will become a satisfied customer 
> once 
>> > again
>> > > 
>> > > 
>> > > 
>> > > 
>> > > 
>> > > 
>> > > 
>> > > MarkK
>> > > 
>> > > 
>> > > 
>> > > 
>> > > ----------------------------------------------------------
>> > ----------
>> > > 
>> > > From: [EMAIL PROTECTED] <mailto:amibroker%40yahoogroups.com> 
>> ps.com 
>> > [mailto:[EMAIL PROTECTED] <mailto:amibroker%40yahoogroups.com> 
>> ps.com] On
>> > Behalf Of Dan Clark
>> > > Sent: Thursday, February 14, 2008 11:56 PM
>> > > To: [EMAIL PROTECTED] <mailto:amibroker%40yahoogroups.com> 
>> ps.com
>> > > Subject: [amibroker] New EOD data feed other than Quotes Plus
>> > > 
>> > > 
>> > > 
>> > > I've been using Quotes Plus data for the last 2-1/2 years. 
>> > Overall, I've been very happy with Quotes Plus data and Gary 
>> Lyben's 
>> > (owner/president) responsiveness. That said.
>> > > 
>> > > 
>> > > 
>> > > In the last few days, I've swapped several e-mails about a 
> minor 
>> > billing issue (credit card renewed with different number) with a 
>> > woman in his billing department. What should have been a very 
> minor 
>> > clerical issue left me feeling EXTREMELY angry and offended. 
>> > > 
>> > > 
>> > > 
>> > > I vowed to switch my data feed from Quotes Plus to another data 
>> > feed as soon as possible. This is a major issue for me because of 
>> > the amount of AFL recoding involved, but I can no longer do 
>> business 
>> > with Quotes Plus.
>> > > 
>> > > 
>> > > 
>> > > I need some options for other EOD data feeds. What EOD service 
>> > are you using? What has your experience been? What are the 
>> > alternatives now? 
>> > > 
>> > > 
>> > > 
>> > > Thanks and regards,
>> > > 
>> > > 
>> > > 
>> > > Dan.
>> > >
>> >
>>
> 
> 
> 
> 
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