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clearpicks
 

Registered: Aug 2003
Posts: 148

 

10-03-05 04:57 PM

I have dissected my strategy into several simple ones (such as buy at the open of the next bar if the open price of the next bar is higher than the previous bar's low and stop at the previous bar's low - 1 tick, short ABC if hereafter ABC goes above xxx and then falls belowxxx, etc.)

I have implemented these simple strategies and created a few buttons in eSignal's EFS. When a button is checked, the simple strategy associated becomes active and the EFS keeps evaluating the quotes and deciding whether to send or modify orders.

In most time I just watch the charts and television to decide which simple strategies to turn on or turn off and let my EFS code to fine tune the exact entry or exit points.

Therefore basically I have used EFS to implement several predefined condional orders which are simpler than the automatic trading system people are talking on this forum while more complex than the conditional orders than that IB TWS allows.

Now my problem is which tool I should use to bridge eSignal and IB TWS. The candidates are dynaorder and tradebolt. Do they both meet my requirements? What are the pros and cons of them respectively?

Tradestation itself comes with integrated trading api in its easylanguage, however I am not sure whether I am able to create some buttons on the chart to interact with the script to turn on/off certain strategies or not.

Any suggestion or comment is greatly appreciated.

- Clearpicks

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Runningbear
 

Registered: May 2002
Posts: 1281

 

10-04-05 01:07 PM

Clearpicks,

Have you created order buttons within the esignal chart? I didn't realise you could do this.

Runningbear

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clearpicks
 

Registered: Aug 2003
Posts: 148

 

10-04-05 02:10 PM

Runningbear,

The things that those integrated trading buttons in eSignal can do are very limited, therefore I use EFS to draw a few buttons on the chart. Whenever a button is toggled, a specific strategy is activated/deactived by turning on/off a flag (boolean variable) in the same EFS. The pseudocode seems like


function toggleButtonA
{
strategyA = ! strategyA;
drawTextRelative(.............................., "Button_A");
}


function main()
{
if ( getCurrentBarStatus() == BARSTATE_ALLBARS ) {
drawTextRelative(.............................., "Button_A");
}
if ( getCurrentBarIndex() == 0 ) {
if ( strategyA ) {
// all codes related to strategy A are here
// send buy/sell orders here
}
}
}


I heard eSignal was working on its generic broker support, but I don't know how complete the features are going to be. The current generic broker plugin seems too preliminary and not enough to be used in a serious ATS. That is the reason I am shopping around for a good bridge between esignal and TWS.


- Clearpicks

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OptionScreen
 

Registered: Oct 2003
Posts: 163

 

10-04-05 02:30 PM


Quote from clearpicks:


Tradestation itself comes with integrated trading api in its easylanguage, however I am not sure whether I am able to create some buttons on the chart to interact with the script to turn on/off certain strategies or not.

Any suggestion or comment is greatly appreciated.

- Clearpicks



In TradeStation, you can right click on any chart, and
you see which strategies are aplied to that chart, and
you can turn on & off all of them clicking status button,
all it takes is three clicks

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francis1
 

Registered: Jul 2004
Posts: 103

 

10-04-05 03:33 PM

You can use TradeBullet to send order from eSignal with simple text files -no need to code with a dll.

See a sample here

Francis

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Truff
 

Registered: Oct 2003
Posts: 934

 

10-04-05 03:37 PM


Quote from francis1:

You can use TradeBullet to send order from eSignal with simple text files -no need to code with a dll.

See a sample here

Francis

tradebullet is filled with flaws. Try hooking up Esignal to Automaven. Its a new version of trademaven. excellent product

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