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Backtesting and Research: MultiCharts or AmiBroker
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Backtesting and Research: MultiCharts or AmiBroker

  #21 (permalink)
Membership Revoked
London England
 
Futures Experience: Advanced
Platform: Amibroker
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Posts: 16 since Feb 2012
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TonyB View Post
Thank you. Great to know. I'll have to dig through that library, if I have access to it at this stage (using trial version of AB).

Would data provided by Yahoo! or Google (free sources) be adequate? I know Yahoo! keeps track of new highs and lows, for example, but don't know if that is part of the data they provide for such purposes...

Well, Yhoo and Goog are free sources so don't fully rely on it especially in regards to getting accurate non-US data. It can provide more erroneous data than commercial sources. But as for creating new highs and lows indexes on EOD timeframe it should be enough for first tries.


Last edited by ArshT; February 25th, 2012 at 05:45 PM.
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  #22 (permalink)
Go Bears!
Bay Area, CA - US
 
Futures Experience: Beginner
Platform: TOS, TS & MC
Broker/Data: TDA & TS
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ArshT View Post
Well, Yhoo and Goog are free sources so don't fully rely on it especially in regards to getting accurate non-US data. It can provide more erroneous data than commercial sources. But as for creating new highs and lows indexes on EOD timeframe it should be enough for first tries.

Thank you for the feedback. And, also for your earlier comments with comparisons to MC. Essentially, I'll be deciding between the two, with the emphasis being on back-testing, at least initially. Later, actual trading from the charts, which AB seems to accomplish very well.

ArshT, I currently have data from brokers TD Ameritrade / ThinkorSwim (equity, options & futures), and Open E-Cry (equity only now). Are you aware of a way to extract historical data from these providers and get it into AB, and thereafter keep it updated from these sources? I'd prefer not pay for another data source when I already have these... Thanks much.

 
  #23 (permalink)
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I have no experience with those brokers you mentioned. TOS provide DDE only, I assume. But I'm not sure. OEC provide DDE too I think.

If any of those provide API access then you can write a plugin since AB provide a free C/C++ development kit (32-bit and 64-bit). Or you hire someone doing it. Another possibility is asking the brokers to provide access to AB and linking to Amibroker's ADK.

There is also a .Net for Amibroker development kit. So you could use C# (32-bit and 64-bit), too.

 
  #24 (permalink)
Go Bears!
Bay Area, CA - US
 
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ArshT View Post
I have no experience with those brokers you mentioned. TOS provide DDE only, I assume. But I'm not sure. OEC provide DDE too I think.

If any of those provide API access then you can write a plugin since AB provide a free C/C++ development kit (32-bit and 64-bit). Or you hire someone doing it. Another possibility is asking the brokers to provide access to AB and linking to Amibroker's ADK.

There is also a .Net for Amibroker development kit. So you could use C# (32-bit and 64-bit), too.

Wow, after some digging, I found that TD Ameritrade has an API:

https://www.tdameritrade.com/api.html

TDA is a rather large broker here in the US. I'm guessing that someone created a plug-in already for AB. Sounds like this API connection would get me historical and current data...

 
  #25 (permalink)
Elite Member
Newcastle, Australia
 
Futures Experience: Intermediate
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Hi,
Im a professional programmer, using languages from assembler to pascal and C.

I moved from AB to NT and now use Multicharts.
If you are serious about creating and back testing strategies, then MC is the way to go.
As a quick example, AB doesn't know when you are in a trade. You have to create your own variable and record how many long/short contracts shares or whatever.
Also, it is like NT in that it doesn't do intra bar analysis.

Neil.

Sent from my GT-I9100T using Tapatalk


Last edited by NW27; February 26th, 2012 at 09:12 PM.
 
  #26 (permalink)
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Amibroker, can't handle tick data efficiently like MC or Ninja

 
  #27 (permalink)
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NW27 View Post
Hi,
Important a professional programmer, using languages from assembler to pascal and C.

I moved from AB to NT and now use Multicharts.
If you are serious about creating and back testing strategies, then MC is the way to go.
As a quick example, AB doesn't know when you are in a trade. You have to create your own variable and record how many long/short contracts shares or whatever.
Also, it is like NT in that it doesn't do intra bar analysis.

Neil.

Sent from my GT-I9100T using Tapatalk

You are totally wrong. The frustration about stating misinformation as facts is understandable.


Quoting 
Hello,

It is pure nonsense. This user has absolutely NO idea what he is talking about. AmiBroker provides many unique features NOT included in ANY software, including Multicharts and one of these features is custom backtester
h t t p:/ /w w w.amibroker.com/guide/a_custombacktest. h t m l

It allows NOT ONLY to know when you are in trade on single symbol like MC, but handles MULTIPLE positions at the same time on MULTIPLE symbols (see GetFirstOpenPos/GetNextOpenPos) on the PORTFOLIO level. Everything is customizable to the level that can not be dreamt of in other softwares. You can even design your OWN backtester - this is simply UNDOABLE in other softwares.
h t t p://w w w.amibroker.org/userkb/2008/03/16/amibroker-custom-backtester-interface-2/

AmiBroker is WAY SUPERIOR to anything that Multicharts offers in terms of functionality AND speed.

Literally everything is possible with AmiBroker and it is done with unmatched speed.

The only limitation is THE USER.

Best regards,
Tomasz Janeczko
amibroker.com


 
  #28 (permalink)
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edakat View Post
Amibroker, can't handle tick data efficiently like MC or Ninja

Another"expert". What do you mean?

 
  #29 (permalink)
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TonyB View Post
Wow, after some digging, I found that TD Ameritrade has an API:

https://www.tdameritrade.com/api.html

TDA is a rather large broker here in the US. I'm guessing that someone created a plug-in already for AB. Sounds like this API connection would get me historical and current data...

Well, as mentioned either you hire someone doing it or you make a plugin yourself. ADKs for Amibroker are available. I think some guys already made plugins but I wouldn't trust it without source code. Best possibility is to either ask at TDA or doing it yourself or going to freelancer etc demanding to provide source codes too.
AB's ADK is available for free AmiBroker DevLog AmiBroker Development Kit (ADK) for C/C++ now available to everyone
AmiBroker DevLog ADK updated with 64-bit example DLL
There is also a .Net ADK available provided by a 3rd party .NET for AmiBroker

Bye for now.

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  #30 (permalink)
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TD Ameritrade .NET SDK TD Ameritrade .NET SDK


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