T2W Trading Community

2 of 2 members found the following review helpful:

Very good
10/10
With Amibroker you can do everything the more expensive programs can do and then some.

6 of 7 members found the following review helpful:

To cut your teeth on
7/10
Like the other reviewers it's inexpensive, one-off price. You can examine all the manuals and formulae on the web before buying. Providing you don't mind programming type languages it is powerful and doesn't restrict you. It uses free data sources such as yahoo EOD or alternatively has APIs to/from other datasources and brokers, enabling you to place trades if you so wish. Besides the normal support there is a Yahoo user's group
http://finance.groups.yahoo.com/group/amibroker/messages/
So good software for someone to cut their teeth without costing a fortune

7 of 7 members found the following review helpful:

Amibroker
9/10
Being a programmer, I found Amibroker to be the best option available. I have tested numerous platforms. On the negative side: the free, default dataprovideres are quite a bit lacking for Forex and Australian Stocks. Maybe for beginners - I mean non professional programmers - it is a bit hard to use but if you like to try your own ideas. Do programming or buy programming, I just find Amibroker unreplacable.

I am using and programming other software, too. Some are indeed easier to use but they tend to close you into a box and I like be able to explore my ideas freely.

Peter Fornai

7 of 7 members found the following review helpful:

AmiBroker
8/10
for the price this is a great piece of software that works with different data sources. I am using it to trade eod and real time.
Takes a while to get used to it as the documentation is not that great unless you want to read the 600 page manual. I finding more more useful features everyday.
Support is via email and i they respond quickly. AB can only get better and its fast.

6 of 6 members found the following review helpful:

ami+++
9/10
great software for all and great price a
very good backup and support

13 of 14 members found the following review helpful:

See me - could do better
7/10
I bought Amibroker as it allows you to do your TA without paying a monthly fee. It's a one off cost of around £100.

You can then update the OCHLV data from a number of different (free) sources. i.e. Yahoo
This was ideal for me. I was starting up as a trader and wanted to try a number of different paper trading systems without having to pay out money each month.

The support is not the best, they will always get back to you but it might take a few attempts before you get the answer you're looking for. And the documentation could do with some updating.

There are many different indicators and you can customise them quite easily.

All in all, it does a job. If you don't want a monthly outgoing and are looking to position trade then it's great, but don't expect miracles!