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eddie.m  
#1 Posted : Friday, February 22, 2013 3:08:02 PM(UTC)
eddie.m

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Hello John, [:D]

I have the business formula how Equis may re-introduce The Downloader, which many MS users - me included - need, without big damage to its profitability goals. Yes, I found the balance needed for MS to remain the great software it used to be. [:O]

Are you in listening, collaborative, receptive mode these days, or are you in a combative, karate warrior, tough mode?

--------------------------------------------

TO ALL FORUM MEMBERS
Please refrain from posting here until the public discussion between Mr. Slauson and me gets hot.

Also, the polling feature should be activated for all interested parties to vote soon.

John S  
#2 Posted : Monday, February 25, 2013 9:26:04 AM(UTC)
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Hi Ed,

I'm in a listening collaborative Ninja Warrior mode :-). I'd like to hear your ideas on this one. Perhaps private message me.

Also...

We had to move this thread to "MetaStock Wish List" as we had a problem on the forum where messages posted to this area automatically appear on our website (oops :-) ).

Thank you.


eddie.m  
#3 Posted : Monday, February 25, 2013 12:49:16 PM(UTC)
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John S wrote:
Hi Ed,

Also...
We had to move this thread to "MetaStock Wish List" as we had a problem on the forum where messages posted to this area automatically appear on our website (oops :-) ).
Thank you.

Hello John,
I knew myself as someone who could put a positive spin on many people and events, but I did not know I could be as sharp as to penetrate through tons of information at your web site to appear on the front page. [:D]

John S wrote:
Perhaps private message me.

Thank you for your invitation. You already KNOW that this is going to be BIG, don't you?

John S wrote:
I'm in a listening collaborative Ninja Warrior mode :-). I'd like to hear your ideas on this one.

John,
I need you to be calm, low volatility, and at a low up turning point. I enter trades and talk big business only in similar situations.
So, are you ready to receive the Gift of Wisdom? [:D]

eddie.m  
#4 Posted : Tuesday, February 26, 2013 7:26:44 AM(UTC)
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FAO: Mr. John Slauson
Product Development Manager, Equis.

Dear Sir,

Equis recently introduced MetaStock v12 selling for US$499 where, for the first time in company’s long history, buyers must pay for Data in MetaStock format.

How about Equis introducing a separate new version, MetaStock v12-Downloader EOD selling for US$599 for buyers who want to use other data services, data that could be stored on their hard-drive or external storage devices.

The non-Dowloader and Downloader charting software packages will be developed concomitantly in the future to accommodate the largest variety of interests among users.

I believe your top authority within Equis obliges you to a higher perspective than just increase company revenue at the expense of reducing the MetaStock functionality through the elimination of Downloader, and to the detriment of a large numbers of followers who need all the features which The Downloader module in previous versions of the software so abundantly and well-inspired offered.

While I appreciate Equis’ efforts to produce newer versions of the software, I do not believe that more new great, moneymaking features will be available in the future for upgrades to be issued at regular 2-year intervals like before.
What new major discoveries in technical analysis will be there to warrant inclusion in the next releases of MetaStock that have not been included already?
With this in mind, I consider that Equis continuing to offer two versions of MetaStock (with AND without Downloader) will be more useful to audiences and to your company than Equis offering just one version with reduced versatility.

I speak on my behalf hoping to echo the feelings of existing faithful MetaStock customers and those yet to come who now may feel manipulated and who have now more software choices than when MetaStock first appeared.

It is my belief that my proposal will make common sense prevail.

Thank you in advance for your consideration.

John S  
#5 Posted : Tuesday, February 26, 2013 9:39:53 AM(UTC)
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First off, thank you Eddie for the positive tone you have taken in your post. I'm a sucker for the old adage that "you catch more bees with honey than vinegar" :-). Your suggestion is well taken and I will mark it.

There were a number of factors that we took into consideration when we made the decision to eliminate local data support.

Some of these included:
1. 30% of our support calls involved local data maintenance.
2. The single biggest reason for new product returns is frustration over data maintenance.
3. Piracy of MetaStock runs 90% in many countries and is even high in developed countries. This is devastating to us and our dealers. The thinking of Jack Sparrow goes like this--Why pay for MetaStock and data when I can kife it via a bit torrent network and then grab the data from countless free services.
4. GIGO (garbage in, garbage out). Bad data results in bad trades. Thomson Reuters data is superior most other sources--especially free data.
5. Our data is being repackaged and resold. While this is easy to do with local data, it isn't so easy to do with online data.
6. For the majority of users, the end to end process of doing analysis with MetaStock using online data vs. local data is much faster.
7. The world is moving to "the cloud". (This is the lamest reason).

Now...with all of this said, we admittedly underestimated the uproar caused by our decision. So....we are investigating ways to allow MetaStock to read data from a local data source. This will primarily target folks that maintain their own proprietary data (i.e., data that neither DataLink nor XENITH can provide). For example, data stored in Excel that tracks the odds of "NASA to announce discovery of extraterrestrial life before midnight ET 31 Dec 2013". If you think I'm joking click here. Current BID: $0.15. Current ASK: $0.30.

Thanks again Eddie.

Still Listening,
--john slauson

eddie.m  
#6 Posted : Wednesday, February 27, 2013 6:52:09 AM(UTC)
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Hello John, [:)]

I am absorbing the news from your answer. I am slowly entering into a pensive mode and will write back with good thoughts shortly.

eddie.m  
#7 Posted : Monday, March 4, 2013 6:11:48 AM(UTC)
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Hello John, [:)]

1). I have many solutions for you but I remember that Equis has a whole team of specialists who get paid salaries to do the right thing.
Entrepreneurial thinking, like mine, is diametrically opposite of established teams who are in direct contact with the realities of the market for their product. I have nothing more to say than what I already said: two MetaStock versions are required from now on, a server data one and a Downloader one at prices to satisfy Equis’ profitability targets.

However, I highly suggest you do not rely only on your internal accountant who for a salary will say anything you want to hear. Hire 2-3 external accountants to consult with on how Equis’ prices should be recalculated because they – as independent pros – will be more likely to come up with better solutions.

2). For 11 versions, MetaStock dominated the market for technical analysis tools. To me, it is normal after a string of successes for a day to come when Equis does a major mistake. That mistake is v12.


Equis has two choices now:

  • A). Continue on the road of v12, which, in my opinion, is wrong because it cancels the original design that made Equis famous to begin with: charting software and data software.
    To me, Equis is now self-destructing, which – with all the bad things happening in the world – is no news.
    Equis is killing demand for cheap software thinking that it is moving towards the high end niche.
    Personally, I do not see what Equis could do to survive only on sales from the high end market. But again, your team needs to know how to do that, not me.
    As for my needs, I need the Downloader more than Rahul Mohindar’s marvels or Xenith, which so far looks like Equis’ zenith: the beginning of the end!

    I wonder how Equis’ stock would be doing now if Equis Int’l, not Thompson Reuters, had been a listed company (:D)

  • B). Stop the madness and, even without apologizing, re-introduce the Downloader.
    Everybody, big corporations included, makes mistakes. How nice it would be to correct them in time before vanishing into history!

3). I take pride in seeing on forums all over the Internet, that I am the only one who came up with a solution when all that everybody else did was to express their anger at Equis, unable to think how to save the day.

4). I use the event of Equis going astray as a reminder that I should never love the tool more than the objective, meaning that I may have to part with MetaStock killing my present comfort zone just to renew my loyalty to the stock markets with the inconvenience of having to learn new software languages. Every disappointment is a blessing.

I wait until Dec. 31, 2013 to see what Equis will do.

And if Equis decides to go for the two versions, to avoid a new mess, please do not even try to improve the Downloader!

John S  
#8 Posted : Monday, March 11, 2013 11:22:29 AM(UTC)
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We will likely address the local data dilemma by allowing MetaStock to read CSV files directly.

--john
eddie.m  
#9 Posted : Monday, March 11, 2013 7:44:24 PM(UTC)
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John S wrote:
We will likely address the local data dilemma by allowing MetaStock to read CSV files directly.

--john

Hello John,

That will be great. [:O] When is the official announcement going to be made? It will bring a lot of joy to all MS users, and the sooner the change, the better.

Also, I like to believe that, with the QuoteCenter becoming invalid as of June 30, 2013, the CSV data reading feature will be introduced by then.

Can't wait! ... [:D]

John S  
#10 Posted : Tuesday, March 12, 2013 10:38:34 AM(UTC)
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We will probably release this in one of our monthly Service Releases. I hesitate to speculate on the exact timing.

Just to be clear though, if we add this, an account with DataLink or XENITH datafeeds will still be required. So in addition to the DataLink/XENITH data, you could access local CSV files that your create or CSV files that originate from a third party data vendor. For example, I could see vendors in Australia creating a DownLoader type product that allows subscribers to get CSV files that MS12 could read. This would likely be specialty data not provided by DataLink or XENITH.

--john
eddie.m  
#11 Posted : Sunday, March 17, 2013 9:29:38 AM(UTC)
eddie.m

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John, [:$]

Large crowds of angry MS users are at the gate with long knives, studded clubs and sharp axes. [:@]
They feel betrayed in their quest for profits and they are demanding their money back. I myself spent more than US$2,500 on MS upgrades over the many years and now I have nothing.
The worst of it all is that, with expressions like "We will probably", "I hesitate to speculate" and "if we add this", I am half an inch away from saying that I don’t know what to believe now.

John, it’s very bad out there, but worse than this is that their loud noise attracts the attention of lots of people who are about to buy charting software. They have cash in hand and now, because of this riot, they don’t know what to buy. [:O]

For God’s sake, do something! Have all the MS programmers move into the offices to eat, work and sleep there for two weeks to correct the hard drive data storage fiasco.

Let’s finish with this nonsense once for all. Have mercy on Equis if not on everybody else.

henry1224  
#12 Posted : Sunday, March 17, 2013 12:36:51 PM(UTC)
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Dear Eddie, If Metastock were human, they would be on life support about now! Don't expect them to just jump up and do a jig!

Metastock has long been sick and has long refused to get help! They got taken over by salesmen and not visionaries who new how to program! Now after many years of neglect, you can see a long and painful rehabilitation.

Their competitors have long since passed them by, leaving them to gasp for air!
Pretty soon Equis will be in a hospice home where Metastock will just fade away from the trading scene!

Equis needs to realize the scope of their problem, make the appropiate modifications! These changes will take more than just a few weeks to take form! Like I've said Equis needs major medical intervention, rehabilitation and recovery before it will walk out!

I still use ver10, but I have seen this before with other software vendors, how they leave their users in limbo! Metastock is just another tool in my [censored]nal,no shinier than any of the other software packages that I have.
If Equis makes it more of a pain in the a--, I will not hesitate to switch to one of my other softwares!

I'm not about to be stranded out in the ocean without a lifeboat and lifevest!
Online brokerages have given away more features for free, have incorporated better trade excution,and faster scans with real time data for far less than what Equis can offer.

Equis needs to make a significant upgrade! Not just piecemeal changes every 6 months.
They know what tasks are ahead of them! There is only so much coding that the MSFL can absorb without a major rewrite to the software.

Believe me, it will be a sad day when the BLACK BUNTING HANGS OVER THE EQUIS WEB SITE!

John S  
#13 Posted : Monday, March 18, 2013 10:58:13 AM(UTC)
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We rarely (if ever) speak specifically like I am now to future functionality. Local data support via CSV files is a high priority and is already under development, but I still cannot speculate on when it will be tested and released.

Enjoying the medical metaphors! :-)

--john
henry1224  
#14 Posted : Monday, March 18, 2013 1:54:35 PM(UTC)
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Dear John, Glad that you can see humor in such dire circumstances!

I'm sure that Equis has seen the light at the end of the tunnel! Only Equis can fix this mess.I'm sick of all of the gloom and doom, that has been associated with the latest upgrade! For everybody sake, I just hope that the next major upgrade will rectify all of the problems!

I will try and stay optimistic!

And make sure that you get a yearly checkup!
eddie.m  
#15 Posted : Monday, March 18, 2013 2:35:40 PM(UTC)
eddie.m

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[:D]

John S wrote:
We rarely (if ever) speak specifically like I am now to future functionality. Local data support via CSV files is a high priority and is already under development, but I still cannot speculate on when it will be tested and released.

Enjoying the medical metaphors! :-)

--john

Celebrating the return to common sense:

Louis Armstrong - Hello dolly

Songwriters: HERMAN, JERRYI

Adapted for Stock Markets by Eddie MS Forums

I said hello, Equis ...... [:)]

Well, hello, Equis, [:D]

It's so nice to have you back in my PC,

You're lookin' swell, Equis .......

I can tell, Equis

You're still glowin'... you're still growin'... dollars goin' strong

I feel the stocks swayin'...... and the maaaaarkets playin'

One of those old pattern tricks from way back when

So ..... take her bucks, fellas .......

Find her a nice down gap, fellas

So that prices come up again,

Never go back way down again,

Equis'll never go away again, again ....

ASSAD  
#16 Posted : Monday, March 18, 2013 2:57:41 PM(UTC)
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Hellow , Mr john

First of all , I would to welcome you for your ability to listen , felxability which indicate that you have the highest standards of professional competence , and excellent judgment . but , we are demanding and we expect a lot from Equis and from you Mr john. we have expectation that metastock will remain the best choice for every trader and investor . as you know to be the best you have pay the effort . i hope that push up metastock platform by adding more function and execute some of the wishing list for metastock's users.

finally , what about the data link to excel are you going to remove it in metastock 12 ?

Assad.

eddie.m  
#17 Posted : Monday, March 18, 2013 7:48:35 PM(UTC)
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Hello Henry1224, [:)]

Your input is my input.

Please remember that staff has a totally diametrically opposite mentality than us, mercenaries.

I do not blame John too much, but rather the sales quotas, corporate structure and everything that makes life to an employee difficult.

John is a Metastock lover. He put together a new much needed add-on on country indexes and he posts code on threads. Who could ask for more? [;)]

You are a Metastock patriot [:)] even if you hate to admit it. You are already up your 1,267th post which shows that you spent considerable time on this forum helping out. You simply cannot walk out on MS without a fight or a conciliatory idea.

I too am a MS patriot and I like to believe that I now established myself as someone who, through silly ideas or hyperboles or black humor, can the turn the tides around. I am a natural born contrarian, which, among other things, means that I say Yes when everybody else says No and vice-versa.

So far so good!

@ John

John I trust you. I know you will rectify the local data problem.

I know it’s not easy for you to work in a job. I personally would not take a job like yours even for double the salary. Most important to me is freedom, and I traded steady income for freedom looooong time ago.

Looking forward to seeing Equis’ new forward thinking …

@ Assad

What more can I say? Do you want me to say something or do we leave it at that? [:D]

ASSAD  
#18 Posted : Tuesday, March 19, 2013 1:47:27 AM(UTC)
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Hellow , Mr, John

Since , i don't really fully understand the issue regarding the CSV file, i have many question .

1-is these files will provided by equis , i mean if we open securitys through metastock are we going to see the a similar files in our local data ?

2- Mr. jone , you talk about third provider and CSV file , is that mean we have to pay more

money to that provider to receive CSV files , in addition to our subscription ?

3- what about the EOD subscriber , how they going to get the CSV file and How that will effect them ?

4- since , we have portfolio , and we use heavily excell software to culculate our position , and refreshing its automatically , what about this issue ?

ASSAD

henry1224  
#19 Posted : Tuesday, March 19, 2013 6:31:12 AM(UTC)
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Dear Eddie, I still love to use Metastock, but I'm making plans to protect myself from software abandonment.

Equis has but one goal, expand the BOTTOM LINE! This comes from the Salesmen mentality!

User's like you and me are nothing but a pimple on an elephant's butt to them.
There were several software platforms from the past that have folded up their shop!
Kasanjian Research, Advanced Get got bought out by E-Signal, TradeStation became an online brokerage and abandoned it's users and forced them to become clients. You can go back to TASC and search from all of the past software vendors and from the increasing expansion of online brokerages.

here are a few of my suggestion for metastock


Compare the competition? Both from software vendors and Online Brokers, What are the Strengths and weaknesses.

Find ways to close the gap between these platforms

Windows 8 Compatibility possibly Mac I os compatibility

Possible adaptation into some sort of cloud based Platform

Data Feed: Real Time, End of day with integration into 3rd party software

Better Data maintenance of the symbol files

Charting: adaptation to include charts w experts into a portfolio based screen

Easier adaptation to change periodicity of indicators to higher Time Frames

Increasing the indicator formula file and expand functionality

Allow loops

Develop Layers on top of charts

Eliminate the formula limits in experts, indicators, explorations and systems

Integrate the software with online brokers to enhance better trade execution.

Use Metastock charts with Online brokers rt data feeds from their platforms

Enhance the number of bars that one can load onto a chart

System testing: develop a better Enhanced System Tester

Optionscope: integrate it into the Optionvue platform with their data platform

News Feed: develop a better news feed.

Make the software backward compatible even if it has some limitations in functionality.

I don't Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} expect all of these to be addressed in a single update, but I also won't settle for piece meal updates!

Make a QUALITY Charting package and repair minor issues quickly through minor updates, Make Major enhancements every 18 months with software upgrades



eddie.m  
#20 Posted : Tuesday, March 19, 2013 8:44:33 AM(UTC)
eddie.m

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henry1224 wrote:
Dear Eddie, I still love to use Metastock, but I'm making plans to protect myself from software abandonment.

Equis has but one goal, expand the BOTTOM LINE! This comes from the Salesmen mentality!

User's like you and me are nothing but a pimple on an elephant's butt to them.
There were several software platforms from the past that have folded up their shop!
Kasanjian Research, Advanced Get got bought out by E-Signal, TradeStation became an online brokerage and abandoned it's users and forced them to become clients. You can go back to TASC and search from all of the past software vendors and from the increasing expansion of online brokerages.

here are a few of my suggestion for metastock

Compare the competition? Both from software vendors and Online Brokers, What are the Strengths and weaknesses.

Find ways to close the gap between these platforms

Windows 8 Compatibility possibly Mac I os compatibility

Possible adaptation into some sort of cloud based Platform

Data Feed: Real Time, End of day with integration into 3rd party software

Better Data maintenance of the symbol files

Charting: adaptation to include charts w experts into a portfolio based screen

Easier adaptation to change periodicity of indicators to higher Time Frames

Increasing the indicator formula file and expand functionality

Allow loops

Develop Layers on top of charts

Eliminate the formula limits in experts, indicators, explorations and systems

Integrate the software with online brokers to enhance better trade execution.

Use Metastock charts with Online brokers rt data feeds from their platforms

Enhance the number of bars that one can load onto a chart

System testing: develop a better Enhanced System Tester

Optionscope: integrate it into the Optionvue platform with their data platform

News Feed: develop a better news feed.

Make the software backward compatible even if it has some limitations in functionality.

I don't expect all of these to be addressed in a single update, but I also won't settle for piece meal updates!

Make a QUALITY Charting package and repair minor issues quickly through minor updates, Make Major enhancements every 18 months with software upgrades.

Amen! ...

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