Comments on eSignal 7.x and above

Jay,

The paper trading function in Esignal ins't very realistic or useful if you can't allocate an amount for brokerage and slippage.

Ideally you should be able to fill in a tick amount and the number of ticks slippage you wish it to calculate per trade, along with a brokerage amount.

For example Tick size $20 x 2 ticks + $3 brokerage = $43 per trade

Runningbear
 
To Chuck and Jay - suggestions for eSignal 7.5!

1.
A price measurement tool:
Could there be an Advanced Chart tool that allows you to measure the vertical distance between two price
points. For example, I could define a range between 1321 and 1347 and see the distance (26 points). This is very helpful, because right now we use Windows Calculator to do that, and that's a bit absurd.

I think that the most prudent thing would be to add this distance count tool to the Fib Retracement tool. If I use the fib tool to define a range between say 1300 and 1400 on a contract, (1300 being the zero fib number and 1400 being the 1 fib number, where the 0.618, 0.5 and so on are in-between), There could be an indication next to the zero line that the range length is 100 points.

Actually - this exact range count function already exists in the Time Fib tool! It would be extremely comfortable and useful if exactly the same function would be added to the price fib as well.

2.
Could there be an option to assign shortcut keys to the following function that is used many times throughout the trading day:

Save Layout
Save Layout and All Files (instead of going to Layout --> Save layout and then clicking "Yes to All")

Shouldn't be a biggie to add that.

3.
http://www.elitetrader.com/vb/showthread.php?s=&threadid=24004

This horrible bug has not yet been fixed.


Thanks very much for your help!
50 cent
 
It would also be good if esignal could allow you to select an audible alert that went off at the completion of a bar.

So if you select 5 minute bars, you would hear a sound when each 5 minute bar is completed.

I trade off patterns on the completion of each bar, so this type of tool would tell me when to look back at my screen again without having to having to stare at the screen continuously.

This would be much easier on the eyes, and takes a bit of the work out of trading.

Cheers,

Runningbear
 
50 cent,

Thank you for your suggestions. Regarding #1, I believe a good way to implement this would be to utilize the Cursor Window function (Csr# and Csr%). In case you didn't know, you can double click on an Advanced Chart to pull up the Csr tool, which allows you to measure the number of bars and percent of price since the last single click. What do you think of adding your request through that tool?

I know that the interface (GUI) will be worked on a good deal in the eSignal 8.x series, so #2 and #3 will likely have to wait until then.

Good suggestions, and thanks again. I'll pass them to our Product Development Team.
 
Hi Running Bear,

You could use and EFS formula to do this. Try the attached formula. You should here a "ding" each time a new bar starts.

Here's the code:

PHP: 
function preMain() {
    setPriceStudy(true);
    setStudyTitle("New Bar Alert");
    setShowCursorLabel(false);
}

function main() {
    if (getBarState() == BARSTATE_NEWBAR) Alert.playSound("ding.wav");
    return;
}
 

Attachments

Hi Jay;

Thanks for your assistance!

Regarding #1, (the price count tool), I for one would still strongly believe that it is most handy when combined in the Fib Retracement tool. In essence, the Fib Ret. tool calculates the range anyway, it just 'forgets' to print the number.
The Fib Time tool, as I mentioned, does have this requested feature - it prints the number of time units within the range between 0 and 1. I believe that the Fib. Ret. can be tweaked to do the same (print the number of price units within the range) very easily by the programmers.

Regarding #3, this bug is extremely annoying. We constantly need to 'shake out' the stuck labels, every time we hover over the chart. Do you know when eSignal 8 is due?


Other than that, I am a fan of eSignal, and I would like to commend a couple of recent additions:

- The ability to remove the title bars. This saves tons of screen space, very useful.

- Ability to use Seconds chart. This has given me a *tremendous* edge when refining my entries and my exits. I use the 30sec chart, and the 12sec chart in a fast market (for example, in a Fed play). This feature is priceless. It is much better than Tick charts because you don't lose the time count (there is time symmetry many times in many moves. Many moves can be predicted based on time symmetry alone).

Thanks
50
 
Quote from JBK:

Hi Running Bear,

You could use and EFS formula to do this. Try the attached formula. You should here a "ding" each time a new bar starts.

Thanks very much. This one I will use. :)

Bsulli
More...
 
The NEW QuoTrek - wireless streaming quotes!!

It's official, the QuoTrek Beta is now available for MarketCenter and eSignal users to test. User's current username and password will work with QuoTrek Beta. Users will have access to the exchanges they have on their MarketCenter or eSignal account.

Go to http://www.QuoTrek.com to download the QuoTrek application to your Pocket PC, Palm or RIM BlackBerry.

We have added some FAQ's and installation instructions for the Palm and RIM BlackBerry to the web site.

The current version is 20040106a for all three PDA's ( Pocket PC, Palm or RIM BlackBerry). You can check on the About Tab on the QuoTrek Menu to see what version you are running.

We will be updating the QuoTrek application frequently so make sure you update your PDA when a new version is released.

Chuck
@eSignal
 
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