IRIS(spider software) IS IT WORTH IT?

Rish

Well-Known Member
#25
why Waste of money investing in Spider ?

Crack version is available for even Rs.2000/- and it is total scrap system.
U Use Crack ver ?
Nothing Special in Spider, all default indicators, which is freely available in so many systems. I have used for 1 month 4 years back and all failures.
 
#26
Spider services are detrorating...at least in Pune....It seems they are very arrogant and do not believe in servicing client properly. Pls check market view from Financial technologies. better software than Spider for sure. And they are selling for lesser price now.....I have just invested in it.
 
#27
they r conducting seminars in different cities, recently in kolkata. seminar in a aircondition room and good lunch , all r free. entry by invitaion:clap:
 
#29
Reg: Live Block deals.
Metastock has a critical feature called explorer. It will scan the entire market with a set of preconditions you can feed into it.
All you really need to do is set the condition to Volume traded >10% of the average trading volume for the last several bars and it will automatically give you all scrips that have had a large block traded. I use the method to also look for surges of buying interest that result in a rally later.
The good thing about IRIS is
  1. It's lightning fast. Quotes are displayes as graphs in microseconds.
  2. It's directly connected to NSE and you wont experience connection breakage due to server load
  3. Live Block deals are directly fed from NSE circulars. So no volume scanning reqd
  4. It's a damn sight cheaper than Viratech (Equis/Metastock)

I've had IRIS demonstrated to me. I've also seen it in action. Their problem is the data feed is damn expensive.
Feed#1 Rs 48,000/- NSE Equities and FnO
Feed#2 Rs16,000/- BSE but only if you have Feed#1.
(Prices as quoted to me.)
Further the worst thing is that you can install it only on a single pc. If you have an accidental format or virus attack, their technician will need to visit you to install the software.

Their charts are another issue, there is very little auto scaling or manual scaling available, the problem is in a fast moving market , the right end of the market can take you by surprise.

Another fact is that their indicators, scanners and alerts system are rudimentary compared to a Metastock class software. I'd suggest you use Amibroker if you can't afford Metastock.
I am searching for a cheaper and for that a nontechnical investor can also be followed. Are there any such types, pl. intimate soon.
 
#30
Reg: Live Block deals.
Metastock has a critical feature called explorer. It will scan the entire market with a set of preconditions you can feed into it.
All you really need to do is set the condition to Volume traded >10% of the average trading volume for the last several bars and it will automatically give you all scrips that have had a large block traded. I use the method to also look for surges of buying interest that result in a rally later.
The good thing about IRIS is
  1. It's lightning fast. Quotes are displayes as graphs in microseconds.
  2. It's directly connected to NSE and you wont experience connection breakage due to server load
  3. Live Block deals are directly fed from NSE circulars. So no volume scanning reqd
  4. It's a damn sight cheaper than Viratech (Equis/Metastock)

I've had IRIS demonstrated to me. I've also seen it in action. Their problem is the data feed is damn expensive.
Feed#1 Rs 48,000/- NSE Equities and FnO
Feed#2 Rs16,000/- BSE but only if you have Feed#1.
(Prices as quoted to me.)
Further the worst thing is that you can install it only on a single pc. If you have an accidental format or virus attack, their technician will need to visit you to install the software.

Their charts are another issue, there is very little auto scaling or manual scaling available, the problem is in a fast moving market , the right end of the market can take you by surprise.

Another fact is that their indicators, scanners and alerts system are rudimentary compared to a Metastock class software. I'd suggest you use Amibroker if you can't afford Metastock.
dear friend,

As your best information as above i can understand its to good. i

recived enquary for subscribe iris spider software. but my friend i want to

conforme once more time from you till date it is best? or any other option

available BECAUSE your information posted in the year of 2005. my mail id is

[email protected] pls replay me.

Thanks in advance
 

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