How Does Open E Cry Charting Compare to TradeStation?

[The Bear]

Anybody do a comparison?

[james_gsx]

I downloaded the OEC demo and theres a few things I noticed right off bat compared to TS (I use TS for charts and my broker currently).

1 - TS is a cpu HOG! If you don't have at least 2gb of memory and you want to run more than just TS, forget it. OEC is much better.
2 - Once you customize the OEC charts the way you want, they are very easy to read.
3 - It's really simple to trade from the OEC chart, personally I love this feature for scalping.
4 - You can do a lot more programming and theres a ton of support out there for TS.
5 - TS is slow, and I've been having technical difficulties lately

I like the customizable feature of TS. There are a few things I still need to work out with OEC but I'm sure it won't take long to figure out.

Brownsfan should chime in soon, he has OEC and makes a lot more trades than I do. He will have a lot more info off the top of his head than I will for OEC.

I would recommend though that you download the OEC demo and play it with for a few weeks and see how you like it. Try to customize everything how you like it and just play with it. Also check out this thread if you already haven't.

http://www.traderslaboratory.com/for...d-or-3222.html

[brownsfan019]

Here's my opinion of the two - if you need/want the ability to program, backtest, etc. TS is a nice option. I was with TS for awhile at one point.

If the OEC charts are sufficient for what you need, then OEC offers the complete and total package from start to finish.

In the end it comes down to what you need as OEC does not have everything that TS offers. More and more is added with each upgrade, but there are things not present that some could not trade w/o.

[forsearch]

Still trying to figure out the Custom Indicator functions in OEC Trader charting.

It won't import an .eld directly, although it will compile in C# from a plain-text Easy Language code.

Anyone try it out yet?

[That One Guy]

Although I have no programming experience. I've tried to import easy language from my clip board and functions. Never had any luck. Doesn't make sense, you think someone with programming skills would have figured all this out. However, I've searched google and forums and nothing comes up.

[forsearch]

Yeah, I know what you mean....

Maybe OEC power-user BrownsFan will be able to chime in with his thoughts and get some feedback from the powers that be over there (like Rob Vinicky)...

-fs

[BlowFish]

Is OEC meant to import easylanguage? I am certainly down for a test drive if it does.

[That One Guy]

	Quote:	BlowFish
	Is OEC meant to import easylanguage? I am certainly down for a test drive if it does.

From Open E Cry's website:

"EasyLanuage, Sophisticated Function.
OEC Trader’s Custom Indicators gives you the power and compatibility of TradeStation’s EasyLanguage and the resources and function of Technical Analysis Library. Whether you are just beginning to explore custom indicators or you have been creating and writing code for awhile, OEC Trader’s Custom Indicators gives you the tools and functionality to take your trading to the next level!"

and

"EasyLanguage ™ Compatibility
OEC Trader’s Custom Indicators plug-in allows you to use and develop EasyLanguage analysis techniques.

Library of EasyLanguage Functions
You can create your own library of EasyLanguage functions. Just save your EasyLanguage file with extension ".lib.el" (for example, MyFunctions.lib.el), and your indicator is placed in a common library. "

Hope this gives your more information on the subject. There is a platform for writing code, for easy language and C#. I, personally, have zero knowledge of either one. Hope this helps.

[lionelhhn]

Am up for demo with OEC if i can import easylanguage indis.

In fact i did a demo on it last year. But went with NT for one reason or another. the DOM for oec is good. Free compared to NT , which cost.

So there's many pluses for OEC

[BlowFish]

	Quote:	Jwhite198621
	From Open E Cry's website: "EasyLanuage, Sophisticated Function. OEC Trader’s Custom Indicators gives you the power and compatibility of TradeStation’s EasyLanguage and the resources and function of Technical Analysis Library. Whether you are just beginning to explore custom indicators or you have been creating and writing code for awhile, OEC Trader’s Custom Indicators gives you the tools and functionality to take your trading to the next level!" and "EasyLanguage ™ Compatibility OEC Trader’s Custom Indicators plug-in allows you to use and develop EasyLanguage analysis techniques. Library of EasyLanguage Functions You can create your own library of EasyLanguage functions. Just save your EasyLanguage file with extension ".lib.el" (for example, MyFunctions.lib.el), and your indicator is placed in a common library. " Hope this gives your more information on the subject. There is a platform for writing code, for easy language and C#. I, personally, have zero knowledge of either one. Hope this helps.

Thanks JW.....now you have made me look all lazy I was expecting one of the users just to say yes/no hehe.