Fed up with Tradestation

lhclin · Jul 31, 2003

Quote from chinook:

Louis,

When you say user defined symbol that combines 200 stocks, do you mean I can do operations on these stocks and assign a variable to the result and call that variable from a chart?

For instance can I do the following

holy_grail= 10*symbol1 + 0.5*symbol2 - 100* symbol3+
Volume of symbol1 / Volume of symbol3 + ....

and plot holly_grail variable in a tick chart of ES?

If I can, where do I define this variable?

The reason for this strange question is because, in Tradestation, I have to plot all these symbols in one chart and then use an indicator to calculate "holly_grail" variable.

Thanks again,

Chinook
More...

1. User defined symbols are defined in user defined symbol
manager in NeoTicker. It manages these symbols outside
of a chart. You don't have to define all 200 symbols in
a single chart. So you can create 5-second, 1-minute, etc
bars for holly_grail in any charts.

2. It can plot along ES tick chart, as long as the x-axis is
time-driven (i.e. non-uniform bar space between the ES tick bars).

To mix user defined symbols with ES, and if you need something
faster than 1-minute, you can use second charts (e.g. 5-second,
30-second bars) instead of tick charts.

Louis

chinook · Aug 1, 2003

Quote from lhclin:

1. User defined symbols are defined in user defined symbol
manager in NeoTicker. It manages these symbols outside
of a chart. You don't have to define all 200 symbols in
a single chart. So you can create 5-second, 1-minute, etc
bars for holly_grail in any charts.

2. It can plot along ES tick chart, as long as the x-axis is
time-driven (i.e. non-uniform bar space between the ES tick bars).

To mix user defined symbols with ES, and if you need something
faster than 1-minute, you can use second charts (e.g. 5-second,
30-second bars) instead of tick charts.

Louis
More...

Thanks Louis!

maxpi · Aug 1, 2003

Quote from Funster:

Just a couple of bits of info I have gleaned that people might find useful.

1. You CAN create systems based on 1 tick data in Tradestation. I have done this on TS2000i and also TS6. You just can't access other datastreams at the same time unless you have a global variable DLL.

2. the alternate route to automated system trading using easylanguage seems to be:

a/ Use Ts 2000i.
b/ IB as broker.
c/ DTN IQFeed ($50/mo).
d/ RTSoft On Demand Server to feed TS2000i with IQFeed ($234)
e/ Use Tradebolt to execute easylanguage script on IB (free)

Apart from the initial costs of TS2000i and RTSoft ODS this halves your monthly costs compared to TS7. Another upside is that you can do this with 3-4 other data providers thru RTSoft.
The downside is that you will have 4-5 separate programs running at once which might be a little messier than the all-in-one TS7.
More...

You can do the same task with Esig/IB/Dynaorder, just 3 programs to crash instead of the 5 you need with Tradestation 2000, and it would be 6 if you needed global variables.

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Fed up with Tradestation

lhclin TickQuest

chinook

maxpi