But instead it needs to be a completely empty folder. As part of the procedure an empty folder is to be created in a place where intuitively you would expect to put the folder where your data resides. Where I had trouble is in the part of the process of setting up the program to read external Metastock data. It is actually quite easy to use once configured properly but unfortunately the comprehensive tutorial files that are in the ‘Help’ section of the program (and also in an 800 page PDF file which can be downloaded from the AmiBroker site) at times assume more knowledge than many readers actually have. One disadvantage with AmiBroker is that for those who are somewhat challenged in the computer literacy department it may not be the most user friendly program there is at first glance. Currently I still have a licence for the other software but can’t even be bothered to install it on my latest computer.
This remained a problem to me for quite some time but once I found out how to do that it soon became my favourite charting software. The problem I had with it was that except for the free US data which it can download daily I was quite unable to get it to access the ASX data which I was by then buying in Metastock format. The originator of this software is Thomasz Janeczko from Poland and he is constantly working to stgelop and improve it. It cost me all of US$149, pocketmoney compared with what I had to pay for the licence and upgrades of the one I had. Sounds a bit like a well-known operating system doesn’t it?Ībout this time I discovered AmiBroker and heard good reports about it which made me have a look at it and eventually buy it. It now needed frequent checks online to continually activate it and if you got a new computer there was a whole activation process to follow. The other attraction of this software was that it would download data free of charge every evening – what more could you want? As time went on there were upgrades which amounted to complete rewrites, the free data was dropped, there were lots of bugs that took time to sort out, then there was another rewrite which now meant it needed XP to work properly (and more bugs and freezes) and the whole thing became more and more bloated without really achieving any improvements in functionality. I tried Metastock which was the software used by more seasoned traders but did not like it for several reasons, the main one being that it was complex compared to what I had. There were some upgrades which introduced functions that made things easier and it seemed to me that this was just about all I would ever need. Years ago some time after I first started ‘trading’ I acquired charting software and as I got used to it I got to like it more and more.
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