Rank: Newbie
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Joined: 5/27/2007(UTC)
Posts: 4
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I am quite interested in purchasing ICE but I also read there are problems with this plug-ins including bad support. Can anyone comment this?
Is there any other good plug-ins that is worth buying?
Thanks.
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Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 1/19/2005(UTC)
Posts: 1,065
Location: Koh Pha-Ngan, Earth
Was thanked: 2 time(s) in 2 post(s)
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I can't comment on ICE but MetaStock add-ons are generally like any other trading tools, specifically made for a certain purpose and useful if used correctly.
For example, if you specifically use divergence techniques in your trading strategy, there is no better MetaStock addon than the MACDH/All-In-One Divergence kit.
Or if you base your trading strategy around Relative Strength Comparative methods, you may want to have a look at the URSC toolkit.
jose '-)
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Rank: Advanced Member
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If you find the work of John Bollinger and Alexander Elder (Trading for a Living and other books) interesting, both the Bollinger and Elder plugins do a very faithful job of coding their techniques and except for the core adaptive-code module of Bollinger's system plugin, all are password free so you can examine and/or modify the code to your liking.
I've been working with the Elder MACD divergence Explorer code and think it does a very good job of identifying divergences.
Note that shopping around is profitable to get the best price on plugins; I checked a lot of online sources and purchased both Bollinger kits for about $240 each and the Elder plugin for $199 from elder.com
Can't comment on ICE; no experience with it.
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Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 10/25/2005(UTC)
Posts: 30
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Hi Jose,
I have bought your MACDH tool about one year and I must say that it works excellently most of the times. However, at times, this tool gives out false signals / or the market is in a hyper active mode that it deviates all the laws.
For example, let's take intraday chart of ES07Z for 5th Oct 07, the signals did not do well. I fully agree with you that no tool works well all the time.
However, it would be nice, if you can kinldy look into the above example and advise us that under what circumstances, we must not take the signals. Along with your excellent tool, some guidance would be very useful for novices like us.
Regards.
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Rank: Newbie
Groups: Registered, Registered Users, Unverified Users
Joined: 8/10/2005(UTC)
Posts: 8
Location: Australia
Thanks: 1 times
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On Behalf of Jose:
Sampath, I'm unable to reply to your Divergence kit related post at
http://forum. equis.com/ forums/thread/ 24160.aspx
A Mr Wabbit has locked me out of that forum prior to his hasty departure
from the MetaStock scene. In any case, it would be best to share the
knowledge derived from any discussion here within this private and
dedicated forum.
jose '-)
http://www.metastoc ktools.com
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Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 10/25/2005(UTC)
Posts: 30
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Hello Jose / Chris,
I could not understand your message. Do you want me post my feedback in metastocktool.com?
Please advise.
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Rank: Newbie
Groups: Registered, Registered Users, Unverified Users
Joined: 8/10/2005(UTC)
Posts: 8
Location: Australia
Thanks: 1 times
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Hey Sampath, Jose was wondering if you could ask any questions in the MACDH Divergence Yahoo Group as Mr Wabbit has banned him from this forum.
regards.
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