Some more Help Please

Bolimomo,

I saw your post. I completely agree. I’m a retired IT DBA manager (from IBM z/OS) who trades full time. I wrote my first programs in 1968 in Fortran on one of the first IBM 360/30s in the Navy. The rest of the list is too long to write about.

The retail trading platforms that I see today are still in the dark ages as far as I am concerned. I would love to do the thing you are talking about. But we have no clout with the retailers. They just continue to throw out crumbs to us and tout them as major advances in retail trading computing. Hell I could debug programs more extensively in the 1970s than most of these platforms allow today (except maybe the C# platforms of today).

RabbitOne


Quote from Bolimomo:

Hey RN:

The Easy Language is not all that hard to learn. But this comment is from me, someone who has extensive computer programming background. Yet to program in EL it should be fairly straight forward.

But here is what I don't like about automated trading using TradeStation. Like you I am a discretionary trader. But I alway stress that "Trading cannot be so one-dimensional". Meaning that to trade stock XYZ, you really can't just look at the price movement of XYZ itself. You look at the sector, the broad market, the VIX reading, the TICK, etc.. But to automate your trades in TradeStation, that's all you can do (I haven't learned otherwise. Maybe I am mistaken). The price movement of XYZ and all the built-in indicators based on the XYZ's prices are all you can access. I am unable to introduce a second/third/etc datastream to let me make a trade decision. For example, I only want to long XYZ if SPY also has a positive CCI reading. Or when VIX is below 30, whatever. Can't do it.

Nor can I mix periodicity. For example: how about if I want to long XYZ if the 1min Stochastics is oversold but the XYZ 10min Stochastics is overbought?
More...
 
When I was using TradeStation you could use up to 40 data symbols on one chart (not to display, but as reference symbols). You could hide whichever ones you wanted so as not to take up chart space but use the data for anything you like (referencing them as Data1, Data2...). It was recommended that the main symbol of interest should be the smallest timeframe and the larger timeframes used as background reference data.
TS also had an end-user-provided .dll that allowed you to create Global Variables so you could pass data from one chart to another (not officially supported by TradeStation). It worked only on live data though, unless you could write your own function to do system IO write/reads and align the historically stored data with the bars on your charts.
I spent some time looking through the capabilities, but as I said, the heavy-traffic times (announcements/news) made the charts freeze-up on my setup, so ya can't chart nuttin' if ya ain't gettin' data....
 
Bolimomo,


>> Nor can I mix periodicity. For example: how about if I want to long XYZ
>> if the 1min Stochastics is oversold but the XYZ 10min Stochastics is overbought?


Thank you for your questions regarding TradeStation. Have you had a chance to look at the multiple data streams features of TradeStation? You can insert up to 50 data streams into a chart. They can be different symbols or the same symbol, and may have differing bar intervals. With your chart selected, follow the Insert -> Symbol menu sequence to add a new symbol, or symbol with a different bar interval, to your chart. In general, it is best to format the symbols so as to have the shortest bar interval as Data1, since a strategy can buy and sell only Data1.

Once the symbols are inserted into the chart, you can perform calculations on them using syntax like the following:

variables: MyD2Avg( 0, Data2 ) ;
MyD2Avg = Average( Close Data2, 10 ) of Data2 ;


If you are a TradeStation customer, and have access to our Support Forums, you may find these links helpful:

https://www.tradestation.com/Discussions/Topic_Archive.aspx?Topic_ID=32085

https://www.tradestation.com/Discussions/Topic.aspx?Topic_ID=74040


If you run into difficulty using multiple data streams, please post your EasyLanguage in our Support Forum at the following link, and we'll have a look...

https://www.tradestation.com/Discussions/forum.aspx?Forum_ID=213
 
Boli / RB1


Not ignoring you gentlemen – been studying – I am hesitant in responding because I would be speaking out of shear ignorance


So far I’ve created a couple of paint bars, and a couple of analysis techniques from scratch...

EL is pretty intuitive

Btw one of the indicators I built even sets off a bell every time I should be buying, selling, shorting or sitting on the side lines – and it never loses… :eek:

I plan to market it for it for $5.00 US









Oh and maybe I should add – the bell – I can’t shut the damn thing up :p



RN
 
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