How97, You speak for your own personal interests as a systems-only-trader. You should look at things from TJs side as well. Since he asked us, it is clear that he wants some input on how to improve Amibrokers charting side as well.
By the way, you are very much mistaken if you think that discretionary traders have no use for Amibroker and its AFL capabilities. I have constructed quite a few models that I use, and have lots more coming, that in no way are for system users only. There seems to be a widespread perception that all that discretionary traders do is draw a few trendlines, label some Elliott Waves, and look at a few Fibonacci levels. That is not true. For instance, I have run various tests on most of the MAs I watch in order to assign them their proper level of importance when making decisions which was greatly simplified using Amibroker. Also, a lot of discretionary traders use quite advanced custom made indicators in order to extract more information from the market. Amibroker is excellent for those things as well. No matter how much I like the program, I will continue to ask for improvements on occasion, especially when the programmer asks for input. You also mention that if this and that program has better abilities, why do we not use it? The reason is this: Amibroker lacks a few minor things from that program, a few minor things from this program, and so on, while having great general and (some) advanced charting capabilities. For TJ to gradually add a few useful things from other programs to further improve Amibroker for all kinds of users will in the end equal more money for TJ, which in the end equals if possible even more dedication, even better software, if possible even better support. Since Amibroker in itself is not a system, from my point of view there isnt any downside to TJ improving all aspects of Amibroker in order to attract more and more users. Lastly, I know of many people who are discretionary traders at various levels of proficiency to whom I recommend Amibroker. It is a very simple and mostly user-friendly program, and you get much for the price of the program. So, until I see some statistics about the Amibroker users, I would not assume that most of them are hardcore systems or auto-systems traders that desperately need all of the (arguably very good and useful) features you mentioned, nor would I assume that even if most customers are system traders, that they would disapprove of new charting features, features that in the end may give them new ideas for their system designs. Well, just my 0.13 SEK, and I am not yet an Immortal. Best regards / JM _____ Från: [email protected] [mailto:[EMAIL PROTECTED] För how97 Skickat: den 19 augusti 2008 17:17 Till: [email protected] Ämne: [amibroker] Re: 'Rule Based' versus 'Discretionary' trading... I believe it is clear that the large majority of the AB users want to have the possibility for rule-based trading, backtesting, automatic analysis, automatic trading etc. For that group Amibroker is just excellent and it is constantly enhanced in these possibilities. And that is what the large majority of its users wants. And AB strongly supported by its users and driven by their wishes. The large majority of users is clearly not the discretionary traders. These may need better or specialized charting. That may well be. If this better charting software exists already as you are saying, why are you not using it, why did you come here to AB? What were you looking for? I think it is also a clear preference of Tomasz to develop AB into a direction where most of its users wants to ahve it. And that is good. A lot of the stuff in AB is much too complex if you are just looking for other kinds of charting. So why bother? You need to use a different software. By the way: In my opinion AB allows excellent charting. Regards how97 --- In [EMAIL PROTECTED] <mailto:amibroker%40yahoogroups.com> ps.com, "sidhartha70" <[EMAIL PROTECTED]> wrote: > > From my perspective, and this is really why I connected charting to > the ideas of 'rule based' vs 'discretionary' trading... if you are a > discretionary trader, from a software perspective it is ALL about > visibility. If the software you are using doesn't or can't give you > the best visibility available then you are at a disadvanatge. You > can't make sensible discretionary trading decisions without being able > to see how current market structure has evolved, what market dynamics > are at play, how the auction process is evolving at different time > frames etc..etc.. You simply don't get that from bar & candle charts. > > Hence my obsession with Market Profile & Equivolume and generally more > accessability and adaptability to AmiBroker's charting facilicites. > > Currently it's a fabulous piece of software, particualrly for 'rule > based' traders.... But probably a less fabulous piece of software for > discretionary day traders for example. But of course, I appreciate, > it's hard to be all things to all men... > > --- In [EMAIL PROTECTED] <mailto:amibroker%40yahoogroups.com> ps.com, Ken Close <ken45140@> wrote: > > > > One simple suggestion for charting improvement: > > > > Put in the ability to insert a "Tab" character in a Title statement > in order > > to make it easier to produce multi-line tables with "columns" left > justified > > no matter how many decimal places in previous values in the same row. I > > have done it via complex IIF statements but how nice it would be to > insert > > the code for a tab character to create columns. No, I do not want to do > > this with the gfx commands (too complex for this application). > > > > Ken > > > > -----Original Message----- > > From: [EMAIL PROTECTED] <mailto:amibroker%40yahoogroups.com> ps.com [mailto:[EMAIL PROTECTED] <mailto:amibroker%40yahoogroups.com> ps.com] > On Behalf > > Of Tomasz Janeczko > > Sent: Monday, August 18, 2008 4:33 PM > > To: [EMAIL PROTECTED] <mailto:amibroker%40yahoogroups.com> ps.com > > Subject: Re: [amibroker] 'Rule Based' versus 'Discretionary' trading... > > > > Hello, > > > > Not wanting to hijack this thread but whenever I ask about some itemized > > list of what is exactly "weak" in AB charting, I don't receive any > > meaningful reply. I would really want to know some objective list > instead of > > statements I heard on ET that "charts are ugly" which for me > unfortunatelly > > means nothing, considering the hunderds of ways charts can be customized > > according to user taste in AB. > > >
