ACE,

I have been mulling over your question, because I feel I didn't give you an 
adequate answer, and here is my update.

Sometimes people say that AB can do anything except 'make the coffee' but this 
isn't really a helpful statement.

AB can not do anything and everything that every user wants to do with it, 
whether justified or not (refer to the feedback suggestion list) but neither 
can any other trading software in existence. Some of the things that people 
wish for are convenience issues, some are nonsense and some are structural e.g. 
recent discussion by JanhausDresden point out the limitations that AB has re 
handling data with resolutions below 1 sec.
This is a limitation at the structural level so, according to my lay 
calculations, no one is going to go out and provide their own solution for this.

Clearly AB can not do 'everything trading', and never will be able to ... IT is 
developing at a furious pace and there is no let up in sight.

However, AB does not exist in an IT vacuum and Tomasz has cleverly provided 
several doorways to and from the surrounding computer environment (Developer 
Kit, COM interface etc) so that there are often solutions to our problems, 
albiet not always the optimum solution and certainly not the optimum solution 
for non-programmers e.g. AB does not utilize all available processing cores in 
the way that some would like it to but individuals have created their own 
solutions to make use of the extra power that their computers provide e.g. 
FTonnetti has posted a file, to this board, that uses multiple cores for 
optimisation, and there was some discussion on the subject.

So it comes down to an individual basis as to whether AB has limits that we are 
hitting up against regularly.

In my case, AB's capabilities far exceed my needs so it is not a limiting 
factor in my trading.

The only place in AB that I feel constrained is in the Backtester and that is 
because of philosophical issues (fortunately or unfortunately I am stubborn and 
don't like to compromise my trading philosophies).
However it seems to be Tomasz's intent that many of us would end up making our 
own solutions, whenever we felt constrained, and that is what I intend doing 
(if you follow the forum carefully you will find out that Tomasz sometimes 
helps us out if we point out some valid constraints to him). In fact I think we 
do reach a point where off the shelf solutions no longer satisfy and that is 
when AB comes into its own.

So, in short, any mistakes I have made had very little to do with AB and more 
to do with my temperament.

The real development has occurred within myself.

I was always very independent and sceptical of others 'solutions' so while this 
has served me well at the same time I made the mistake of not referencing the 
ideas of others enough.
I was too independent and only read sporadically whereas I should have 
implemented a reading programme i.e. regular and consistent reading of other 
traders e.g. I spent a lot of effort thinking about evaluation metrics and 
playing around with related ideas. On the plus side, I came up with some unique 
insights on the subject but, at the same time, it wasn't until I read 
RalphVince that it all came together for me ( he catipulted my years ahead).


The other major change I have gone through is that I now accept that if I want 
to progress in certain areas then I will have to do my own development, albeit 
using existing tools like AB or RMath .... neither Tomasz nor anyone else can 
take me any further .. I am on my own from here except for the tools and ideas 
that others have provided.


--- In amibroker@yahoogroups.com, "caternore" <catern...@...> wrote:
>
> Hello All,
> I am new to Amibroker.  Amibroker seems highly customizable and robust.  The 
> community on this board seems to represent  various different Ideas,  view 
> points and user knowledge(trading, Amibroker, etc) .  My question to the 
> board  If you guys knew what you Knew now when you first started using 
> Amibroker, and or first started trading with Amibroker, what would you do 
> differently?  
> 
> Thank you
> ACE
>


Reply via email to