Larry, Your comments are welcome but it does not change my mind one tiny bit. I will not waste too much energy in dissecting the arguments Equis presented you except for one anyway... "For instance, although it hasnât been tested yet with MS12, Equis thinks our plug-in will continue to operate without modification." And why hasn't Equis tested it yet before releasing a total on-line version? Because it did not matter to them. They don't care what plug-ins you have and whether they work for you or not. That was past sales and currently they have shifted their mind set and want to just sell you data through Eikon. I am sure that will work for some of us; but it leaves many of us behind.
Enough said.. I reamin very disappointed and will slowly shift elsewhere. Hard to do after 10+ years with Metastock and have been a strong fan of theirs to the community at large... Hope Scott (President Metastock) reads this but I suspect he has no choice. Rvalue1 --- In [email protected], "L.P. Carhartt" <lc@...> wrote: > > In reference to the pros and cons listed a couple of messages down, I have > had long conversations with the Equis folks and I think some clarification is > in order. > > > > First, aside from using on line data only, there are few fundamental changes > in MS12 itself. The Downloader will continue to come with MS12 and will > download, as it does now, to a local drive. The weird part is that this > downloaded local data cannot be used by MS12. On the other hand, there is a > large group (like me) that uses the data outside of MetaStock. We are > therefore not screwed. > > > > Regarding the Pros, item 2, it doesnât matter what data format is used by > MS12. Only online data will work. Pro, item 3, Datalink continues for EOD > quotes. Eikon (SP???) is the real time offering from Reuters and more or > less replaces eSignal. One nice little side note is that you get delayed > global quotes with Eikon (real time for a small fee). > > > > Regarding the listed cons, item 1, MS12 will not read âpriceâ data from > any local drive. It will read other âdataâ from local drives. For > instance, although it hasnât been tested yet with MS12, Equis thinks our > plug-in will continue to operate without modification. This plug-in reads > .csv files on a local drive. If your plug-in is a .dll it will probably > continue to work. Pro, item 4, is really not Equisâ doing. eSignal > stopped supporting third party vendors last year. Eikon fills that gap and > is cheaper (for me anyway). They will eventually offer something similar to > eSignalâs API which will allow use of the data outside of MetaStock. Pro, > item 6 is mistaken according to my reliable source at Equis. The Downloader > continues to come with MS12. Pro item 7 may be true, but Microsoft has thus > far been pretty responsive to compatibility. I can still run MS version 7.2 > on my Windows 7. Pro item 9, is true for price data, but probably not for > .dll plug-ins. Equis believes that my plug-in that reads local .csv files > will continue to work. Pro item 10 is true only for price data. Pro items > 12 and 13 depends on whether the plug-in is a .dll or not. My source at > Equis says that .dll plug-ins are likely to work in MS12. Pro item 15 is > (for me anyway) definitely not true. Eikon is significantly cheaper than > eSignal and, additionally, I can drop one of the data feeds I currently use. > And I get global quotes (delayed) for free. To me that is major. > > > > Change is never easy and seldom welcomed without some resistance. I have to > believe that Reuters did a little homework on this before implementing the > changes. As usually happens initial reaction is probably over stated and > over time the changes will seem exaggerated. On the other hand, some users > will be directly affected and have to put in much effort to accommodate the > changes or completely restructure their systems. For me, I am not yet sure. > In the interest of our subscribers, I will upgrade to MS12 to verify that our > MetaStock related services still function properly and adjust where needed. > I will keep you posted with what I find out. > > > > By the way, I must caveat what I say above by saying that all statements are > my interpretation of conversations with Equis over the last few days. I am > always ready willing and able to be corrected. > > > > Thank you > > > > Best, > > > > Larry > > L. P. Carhartt > MasterDATA > office: 818-701-6686 > fax: 866-428-6849 > > <http://www.masterdata.com/> http://www.MasterDATA.com > <mailto:lc@...> lc@... > > > > > > > > > > > > From: [email protected] [mailto:[email protected]] > On Behalf Of Pat > Sent: Saturday, November 03, 2012 9:05 AM > To: [email protected] > Subject: Re: [EquisMetaStock Group] Re: MetaStock 12 EOD and Third Party Data > > > > > > > > > Metastock has been declining steadily since the original makers departed i.e. > Steve Achelis etc. > > It is clumpy and outdated. The time servers are at the topnow and have let > it all slide into obscurity. > > YaaaaaaaaaaaaaaaaaaaaaaaaH > > > > From: Rvalue1 <mailto:rvalue1@...> > > Sent: Saturday, November 03, 2012 2:51 PM > > To: [email protected] > > Subject: [EquisMetaStock Group] Re: MetaStock 12 EOD and Third Party Data > > > > > > I am terribly disappointed in Metastock 12 and what it cannot do. It sounds > like they are abandoning the community of users and their preferences in > favor of going forward with their own online aganeda and data provider > agenda. > Attached below is a summary of pros and cons listed by one of the Metastock > users group from the presentation made by Metastock recently. > As a user community we need to object strongly to Metastock regardiong > version 12; that we do not want to be washed out of using Metastock in the > future with our older versions, as new computers and operating systems make > our older versions obsolete. > > Pros > 1) Sopposedly faster data access on charts due to improved data on demand > 2) New data format. (Older *.dat and *.dop are not supported in Version 12) > 3) Eikon replaces Quote Center product > 4) Version 11 and 12 can be on the same computer. > Once version 12 is activated, Quote Center will not work withing 2 months. > Version 12 does not install in the Equis directory. > > Cons > 1) Does not read any data on your C Drive and never will. > 2) Without an internet connection version 12 will not read any charts at all. > 3) Previous data formats are no longer supported by version 12 or later. > 4) ESignal data vendor is no longer supported. > 5) Once Eikon activated, Quote Center is disabled in 2 months. > 6) The Dowloader does not exist any longer in Version 12 or later. > 7) Thomson Reuters claims Version 11 will continue to work, but at some > point, there will be a version of windows where Version 11 will no longer > work or prior versions of MetaStock. > 8) Any manual data entry you've done will never be able to be read with V 12. > 9) Third party data vendors such as Worden Brothers and CSI, or Dial Data, OR > even Excel imports are NOT supported by Version 12. Version 12 will never > read that data and the data can never be imported. > 10) Your current C Drive files are useless and cannot be read by Version 12. > 11) If your internet is down, Version 12 is not funcitonal. > 12) The Mark Leibovit VR Plug In and the Alph Omega Plug in is not compatible > with Version 12. > 13) Future add ons and plug ins most likely will not be compatible with > versions prior to 11. > 14) People using third party data vendors other than reuters and quote center > will now have to pay for an additional data vendor to maintain what they are > currently doing. > 15) Eikon is more expensive for real time data than Quote Center > Note: If you don't upgrade, and you are a subscriber to Ruters End of Day, > Version 11 will continue to read data on your C Drive. > > --- In mailto:equismetastock%40yahoogroups.com, Richard Dale <richard@> wrote: > > > > I have confirmed with Thomson Reuters that the ability to use "MetaStock > > format" local data has been removed in the latest upgrade - MetaStock > > version 12. It is locked down to only use Thomson Reuters data. > > > > If you use a data provider other than Thomson Reuters, such as > > PremiumData, or might want to consider a different data vendor in the > > future, then you should NOT upgrade to MetaStock version 12. > > > > If you do uprade, you will be locked into using the Thomson Reuters data > > feeds. > > > > > > Best regards, > > Richard Dale. > > Norgate Investor Services > > - Premium quality Stock, Futures and Foreign Exchange Data for > > markets in Australia, Asia, Canada, Europe, UK & USA - > > www.premiumdata.net > > >
