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

  #71 (permalink)
Columbus, Ohio, US
Futures Experience: Intermediate
Platform: MultiCharts
Broker/Data: Multiple/Multiple
Favorite Futures: ES, EUR/USD
MultiCharts's Avatar
Posts: 168 since Oct 2010
Thanks: 74 given, 171 received


As @TonyB mentioned users “welcome the debate / discussion, so long as it's based upon facts and not mis-information.” That’s what we are trying to do – have a discussion with you that’s based on facts and objective information, so users get a clear picture of pros and cons of different software.

Instead, what we are hearing from you is blatant name-calling, and no constructive dialog. In a support reply posted by ArshT and signed by you, you called MC “pathetically slow when it comes to portfolio backtesting”, which is just not true. I want to reiterate that – let’s do objective tests together (or perhaps by a respected independent third-party on the forum, such as @sam028) and compare. To summarize – we are proposing objective information so no myths are created, while you say “feel free to sing songs how MC is the next best thing since sliced bread”

We are open to dialog and conversation. We ask that you behave in a respectful and courteous manner like the rest of the members on this forum, otherwise it’s very difficult to talk to you through the offensive language. If you don’t want to talk, then we will continue stating what we believe to be the correct information. If you want to ensure accuracy of what we say, please provide accurate information as per our requests.

In an excerpt in the post from YOUR help file, it says that you NEED to use Raw2 in order to do Dynamic portofolio backtesting, and not just batch testing. Yet in the latest post, you say that’s not necessary. Either your Help file is incorrect, or your latest post.

OUR QUESTION – how to we set up a true portfolio backtest in AmiBroker? Provide exact details.

We don’t regard Amibroker as a direct competitor of MultiCharts, it’s a product in a different niche in terms of potential users, product capabilities and price points. We have nothing against AmiBroker, and it has never been our intention to discredit.

A note on time savings - it seems to be a popular assertion of quality that AB is faster than MC. Speed is meaningless if you don’t know what to do, and the learning curve is much steeper in AB than MC. The time spent learning to do what you want often exceeds the time you later save when doing the calculations. More importantly, the calculations need to be accurate and reliable, and easily accessible to the user.

If you are “too old and got one life to live and don't have time for your little games”, then we can simply close this matter, because what else is there to talk about? If you, on the other hand, want us to provide accurate information about possibilities of AB, then provide us with accurate information, and let’s do some tests together.

P.S. I have a tingling suspicion that ArshT and Amibroker accounts are written by the same person, based on my linguistic perception of the logical flow arguments, sentence structure and phraseology used. This is not an accusation of any sort, just a hunch

MultiCharts - Raising the Trading Standard.
Please send me a private message if you have any further questions about MultiCharts
  #72 (permalink)
Columbus, Ohio, US
Futures Experience: Intermediate
Platform: MultiCharts
Broker/Data: Multiple/Multiple
Favorite Futures: ES, EUR/USD
MultiCharts's Avatar
Posts: 168 since Oct 2010
Thanks: 74 given, 171 received

ConqueringLies View Post
So analogously to become a professional doctor instead of first studying carefully to know what's the best to do it's better to just do something although not knowing exactly what one is doing at all? If that is the logic behind the software why don't you rather tell then that your software is more of a playing field for kids instead of real traders? Because that's what's my personal impression of it. BTW the speed differences you were highlightning are not negligibly at all. In fact percentage wise they are immense.

I would also like to call into question the credibility of this poster, coincidentally named ConqueringLies. First, arguments presented here don't have any sort of factual basis and do not present any objective information; they are rather an emotional soup of metaphors with little to no value.

Second, what credibility does this poster have, if the join date is today, and the only two posts are located in this thread? If the person is a regular reader, why haven't they joined earlier? If this person is not a regular reader, how would he know this thread existed?

Third, why does this person begin the very first post on the forum by saying "I'm not Tomasz"? Seems like a strange introduction. And why the poignant account name - ConqueringLies...?

Just voicing my reasons for doubting the information coming from this poster, based on lack of credible history and no factual basis to presented arguments.

MultiCharts - Raising the Trading Standard.
Please send me a private message if you have any further questions about MultiCharts
  #73 (permalink)
Columbus, Ohio, US
Futures Experience: Intermediate
Platform: MultiCharts
Broker/Data: Multiple/Multiple
Favorite Futures: ES, EUR/USD
MultiCharts's Avatar
Posts: 168 since Oct 2010
Thanks: 74 given, 171 received

I don't know what to say. I don't speak irrational. In response to our valid requests, this is what comes back . I guess there is nothing more to discuss.

In conclusion, there seems to be no constructive dialog possible to further our understanding of AmiBroker, or to conduct tests together. We would like to, but no one is offering any information. So, we will continue sharing information that we believe to be true to the best of knowledge, hoping that one one day someone may correct our inaccuracies should we accidentally allow some.

Maybe other AmiBroker users can chime in and provide relevant information, as opposed to comparing me to Sherlock?

@BigMike - are you moderating this thread? It seems to have gone a little... off course.

MultiCharts - Raising the Trading Standard.
Please send me a private message if you have any further questions about MultiCharts
  #74 (permalink)
Go Bears!
Bay Area, CA - US
Futures Experience: Beginner
Platform: TOS, TS & MC
Broker/Data: TDA & TS
Favorite Futures: Stock, Options and now Futures (ES)
TonyB's Avatar
Posts: 514 since Dec 2010
Thanks: 227 given, 135 received

Having representatives of both AB and MC is ideal here, so long as the time commitment can be made, and of course we remain cordial and on topic. It sounds like for Tomasz, this would not be desirable though. Maybe someone else from his wonderful staff, possibly Marcin? I only mention Marcin because he has been superb in our communications...

All, I have no horse in this race, so to speak. I have both (free and trial) and want as much factual information possible to make a well-informed decision. Clearly, misinformation exists (on the web and apparently here) and for someone such as myself, it's hard to make sense of it all... An objective test would be great, one performed by an uninterested 3rd party, as mentioned earlier.

  #75 (permalink)
Site Administrator
Manta, Ecuador
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
Big Mike's Avatar
Posts: 46,336 since Jun 2009
Thanks: 29,452 given, 83,952 received

Moderator Note

Unfortunately, the AmiBroker "fanbois" (to put it nicely, or trolls to be accurate) are creating duplicate accounts (against our policy - after being banned for rude remarks) to keep posting the same message, and it is when this happened and ArshT got involved that this thread got out of hand and rude.

So the thread will be closed as I have better things to do than babysit.

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