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Non-Tech : eSignal (NYSE:IDC) -- Ignore unavailable to you. Want to Upgrade?


To: John Megert who wrote (1196)4/13/2001 10:39:47 AM
From: Judy  Respond to of 3613
 
I have been in a chat room where some pretty heavy users use it taxing it much more than I do and no one has said anything about any crashes.



To: John Megert who wrote (1196)4/13/2001 11:04:28 AM
From: Michael Watkins  Read Replies (2) | Respond to of 3613
 
Ensign has been around a long time and its developer and support have always received high marks from users. I doubt that it is crash prone based on the user feedback I've heard over the years, and certainly my 1 week experience has been very positive.

I would position Ensign as a product that should appeal to anyone that would normally look at Metastock or Tradestation, particularly if the user is planning on developing their own custom indicators. Ensign has some systems testing capabilities but I've not exercised them yet so can't comment there.

Ensign has a big edge over Tradestation 2000 in that Ensign reads the historical data from eSignal, plus stores that data locally, so over time, you build up much more than 30 days of intraday history if that's what you want. Some do.

This dramatically simplifies data management which is the big draw back to TS2000. If I want to perform an analysis on a new symbol I can obtain end of data easily enough for TS2000 (through Dial Data, Quotes Plus, etc) but intraday data is much harder to come by.

Ensign/eSignal - just type in the symbol. If I want to continue to monitor it for the long term, then the daily and intraday history will continue to be built up over time with no work on my part.

In theory, Tradestation Pro should be competitive with Ensign/eSignal but in practice it is far from competitive at this point. Bugs in EasyLanguage persist; the TS Pro data is incomplete (no futures, no Canadian data) and many symbols have poor quality data.

Whereas Ensign supports all the data that eSignal supports.

So if you have eSignal, you should try it out and ask OpusX if there was a special trick to make a live trial work since clearly I'm not smart enough to do so!

Metastock is also highly regarded as a good tool and I've got a copy sitting here in the office waiting for me to test it out. One troubling thing about Metastock is that it appears to be limited to 60 minute bars as a maximum, and if there is no work around to that then I can't use the product.

Why?

Very simple, 60 does not divide evenly into 390 (stocks) or 405 (futures) minutes.

For bigger picture views I frequently will use 65/130 minutes for stocks; 45/135 minutes in futures.

Michael



To: John Megert who wrote (1196)4/14/2001 6:42:43 AM
From: OpusX  Read Replies (3) | Respond to of 3613
 
John,

No crashes yet with it I have only used it for a week now.
I do like it so far, but am still considering buying used tradestation 2000i to run thru esignal, also I am waiting for Theresa Lo's evaluation of the new Metastock program although the VCR tape they just sent me really turned me off, you know the kind that has all these people claiming they are making all this money with all these indicators LOL as most of us know more indicators is not neccesarily better, most good traders can trade off pure price bars alone. I do like to use a couple of things as an adjunct though, so that is why I am still considering t/radeStation where the code is pretty well accepted. Ensign has a language that you can code with too, but I have'nt looked at it yet.

OpusX



To: John Megert who wrote (1196)4/14/2001 12:05:54 PM
From: Dave Markley  Respond to of 3613
 
Ensign is rock solid program Been using only for about 6 weeks but very impressed. Very intuitive & fast software developed by experienced trader. Found a few bugs & developer jumped on them & fixed very quickly. Strongly supported with a revised version almost every week. Works very well with Esig. Also if u are interested in emini's no need to take the full blown futures package and can save some $ on monthly fees with Esignal Equities sevice.