Automated trading & IB

[Runningbear]

Quote from laocoon:

Quote from Runningbear:


Runningbear,

Are you seriously implying that the Data Feed of Tradestation is even worse than eSignal? I've been with eSignal for over 2 years, mostly for the Eurex data feed, and I got very frustrated because the feed quality is changing constantly, going from excellent to lousy within a matter of seconds. I've started to program a day trading strategy on Tradestation (for the Eurex) and I'm now looking to implement it with IB. From what you say, I draw the conclusion that it is a hopeless endeavour to have an automated strategy running with Tradestation and IB. Could you comment on that?

Thanks a lot.

The 55 seconds is a reference to Tradestation executing on the completion of each one minute bar. The execution is instant but the delay from the time the signal accurs could be between 0 and 60 seconds. Having said that. I have never used Tradestation. Im only going on what I've been told. I can't comment on the quality of the Tradestation feed but if they eventually add Eurex I think esignal will lose half their customers overnight.

Runningbear

 

[Runningbear]

Quote from Runningbear:

The 55 seconds is a reference to Tradestation executing on the completion of each one minute bar. The execution is instant but the delay from the time the signal accurs could be between 0 and 60 seconds. Having said that. I have never used Tradestation. Im only going on what I've been told. I can't comment on the quality of the Tradestation feed but if they eventually add Eurex I think esignal will lose half their customers overnight.

Runningbear

An update on my post above. I believe the current version of tradestation now allows for execution intra bar.

 

[maxpi]

Quote from Runningbear:

An update on my post above. I believe the current version of tradestation now allows for execution intra bar.

There were ways before, you had to put tick data as Data1 and other data as Data2 or build the other data in arrays from the tick data. Big programming bother, now you just select the kind of operation you want.

Their indicators always would update intrabar but not the strategies. That is one reason, among quite a few, that I don't want to use their brokerage, I can wriite an indicator, add in some dynaorder lines and trade with IB from the indicator, WYSIWYG, no need to keep track of the differences between indicator and strategy, etc. I hate complexity and version tracking, etc and will do about anything to avoid it.