Extesive list without much sunshine in it. Thanks for the time to create it.
One approach I have used over the years is to skip upgrades and their costs
until there was something of value for me. Doing that I usually found it was
actually cheaper to just buy new when I wanted the "new toy".
Considering the way many of the proactive brokers are providing free RT data
and platforms which are rapidly closing the feature gap, it is not hard to see
MS going the way gas guzzling SUVs.
D
EGO Sum Qua EGO Sum
Sempre Avanti
"Socialism is a philosophy of failure,
The creed of ignorance,and the gospel of envy,
Its inherent virtue is the equal sharing of misery.." --- Winston Churchill
________________________________
From: Rvalue1 <rval...@yahoo.com>
To: equismetastock@yahoogroups.com
Sent: Saturday, November 3, 2012 7:51 AM
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 -
> http://www.premiumdata.net/
