Something very simplistic

zorak · Oct 3, 2002

Originally posted by dbphoenix

I had connectivity problems as well. Fortunately, as it turned out. Does not look like a good day for SVS, at least so far.

--Db

Sadly, my connection has been fine this morning.

zorak

Quah · Oct 3, 2002

Originally posted by dbphoenix
Quah,

Since I had connectivity problems, I couldn't use QT but had to revert to QC. From those charts, 0935 looks like a definite long except on a 1m chart using 17-17. Did you go by this, or did your 2m chart also show a short using 17-17?

--Db

On my 2 minute (I assume you are talking about NQ) it was just barely a short - but like 1.5 points on the stochastics <G>.

dbphoenix · Oct 3, 2002

Originally posted by Quah

On my 2 minute (I assume you are talking about NQ) it was just barely a short - but like 1.5 points on the stochastics <G>.

Yes, the NQ. The QC charts aren't showing that at all. Wish I knew what the QT charts would have shown. But one thing I've noticed is that when the 1m and 2m charts are giving different signals, it's usually best to pass on that trade and wait for the next.

--Db

ctrader · Oct 3, 2002

Originally posted by dbphoenix

Yes, the NQ. The QC charts aren't showing that at all. Wish I knew what the QT charts would have shown. But one thing I've noticed is that when the 1m and 2m charts are giving different signals, it's usually best to pass on that trade and wait for the next.

--Db

Thats good advice... I am going to write that down.

inandlong · Oct 3, 2002

Using QCharts the 0935 NQ trade - yes with 24 hr data, is definitely a long. This is using a 1 minute price chart with a 2 minute stochastic set to 17, 1, 17.

I didn't have QT running until about 1030 so I have no data to look at there.

Very interesting as this has not happened before, re: a difference of long v. short per the stochastic.

inandlong · Oct 3, 2002

Quah,

For clarity, On your Qcharts setup, the 2 minute stochastic, you have set to 17, 1, 17... is this correct? And this showed a short for the 0935 nq trade?

QT users,

Problem: for QT users, using the slow stochastic setting, which is the one that will allow a 17, 1, 17 entry, the 2 minute stochastic does not show the %K. How are you setting it up?

dbphoenix · Oct 3, 2002

The following is the list of instructions for configuring IB and QT:

http://www.medved.net/quotetracker/help/ib.shtml

In order to make it work, you must have the latest beta version of QT, available on the QT homepage.

If you need any further help, Jerry and his staff are quick to respond via email.

--Db

Quah · Oct 3, 2002

Originally posted by inandlong
Quah,

For clarity, On your Qcharts setup, the 2 minute stochastic, you have set to 17, 1, 17... is this correct? And this showed a short for the 0935 nq trade?

QT users,

Problem: for QT users, using the slow stochastic setting, which is the one that will allow a 17, 1, 17 entry, the 2 minute stochastic does not show the %K. How are you setting it up?

InandLong - I'm using Ensign for my charting with an Esignal feed. I'm looking at a friends 2 minute from Qcharts - and while it is very similar , it is not exact. I suspect the the calculations are not exactly the same. For example, my stochastics indicator allows for a "simple", "smoothed" or "exponential" formula. I'm using "simple". I suspect Qcharts uses "exponential".

With all that said - I don't think the difference is critical. Maybe it is, I don't know for sure - but I would think that when there were slight differences, they would even out over the long run.

inandlong · Oct 3, 2002

I just did an empirical speed test...meaning I eyeballed it - among three common quote systems being used in this thread, QT-IB, QCharts, and Esignal.

First I ran QT-IB against QCharts. Side by side using the 1 minute candle...ES and NQ. This was no comparison really, QCharts was always about 2 beats faster at least. And because of the refresh rate for QT even when set at 1, there are many ticks that don't show.

Then I ran Esignal and QCharts side by side, same setup as above. This was a much closer race. There were three main differences. 1 - In a faster market, Esignal was just a beat faster. And I mean just the time it takes to saw boom boom in normal conversational tempo. 2 - In a slower market, QCharts was always faster by that same beat or even longer. 3 - QCharts was always the first to post the opening trade of the next bar.

inandlong · Oct 3, 2002

I agree Quah, and the proof is in the results so far. I can't think of another day that there has been a discrepancy. You know for me, having blown the 24 hour data thing,

, I don't want to have missed something.

Thanks Quah.