TradeStation

juanbyte · Dec 2, 2005

TradeStation is now free if you make just 10 futures roundturns per month, it used to be 500.

It now seems a very cheap alternative for charting, programming and backtesting having decades of data available.

They have also reduced their commissions see: -

http://www.tradestation.com/popups/fees/commissions_markets/cbot.htm

Directional · Dec 2, 2005

not quite free - you still have to pay the exchange fee's for data, but the $99 for the platform is waived if you do some trades

TWI · Dec 2, 2005

Also, they still have not got any EU price feeds, despite promising it for over 3 years.

JTrader · Dec 3, 2005

Tradestation still have not got any EU price feeds. It is possible to use add-on tools like hyperserver from hypertrader in order to get non-native datafeeds into TS2000i at least.

I'm not sure if hyperserver allows you connect non-native datafeeds into TS8.1, or how smooth such a setup would be. Does anyone know of any software that allows you to connect non-native datafeeds such as LSE to TS8.1, and if so, how smooth is the operation of this set-up? (this option is/would be more complicated and more expensive than running European datafeeds native to TS8.1 though)

Many thanks

jtrader.

garethb · Dec 3, 2005

TS8.1 accepts 3rd party data if you upgrade to Service Pack 1. I think it claims to do it on a real time basis but I haven't tried it personally. I have used it to look at daily data for various indices etc. and it is a reasonably flexible process to set up in terms of defining flexible file formats searching for and opening data files etc. I use Hquote to generate csv files from Yahoo and it took me about 30 minutes to set up the TS side of it.

LevII · Dec 3, 2005

garethb said:
TS8.1 accepts 3rd party data if you upgrade to Service Pack 1. I think it claims to do it on a real time basis but I haven't tried it personally. I have used it to look at daily data for various indices etc. and it is a reasonably flexible process to set up in terms of defining flexible file formats searching for and opening data files etc. I use Hquote to generate csv files from Yahoo and it took me about 30 minutes to set up the TS side of it.

Can you do it the other way round, ie can you convert data from TS8 into, say, Metastock files that can be read by other software?

Is there any way of feeding TS2000i with TS data via TS8 or otherwise?

Trader333 · Dec 3, 2005

Tradestation still have not got any EU price feeds. It is possible to use add-on tools like hyperserver from hypertrader in order to get non-native datafeeds into TS2000i at least.

Yes and it works well

Paul

JTrader · Dec 3, 2005

Levll - Is there any way of feeding TS2000i with TS data via TS8 or otherwise?

Why would you want to feed TS8 data into TS2000i? Would it not be better just just use TS8.1?

It is surprising that TS do not cover European markets. Considering that they have around 25,000 subscribers, who lets say are paying an average of $100 per month. Thats $30 million turnover per year.

If they covered European markets also, the number of subscribers would increase significantly, one would think.

TS may need to expand their operation, take on more staff etc. if they started covering the European markets, but they would surely become a bigger, wider used and more profitable company.

LevII · Dec 3, 2005

Why would you want to feed TS8 data into TS2000i? Would it not be better just just use TS8.1?

To use radar scan in 2000i rather than pay for it in 8.1

JTrader · Dec 3, 2005

Does radarscreen not come with TS8.1? How much extra does it cost on top of the $99-199 TS8.1 subscription, to have TS8.1's radarscreen?

Cheers

jtrader.

Hwyman · Dec 3, 2005

jtrader said:
Tradestation still have not got any EU price feeds. It is possible to use add-on tools like hyperserver from hypertrader in order to get non-native datafeeds into TS2000i at least.

I'm not sure if hyperserver allows you connect non-native datafeeds into TS8.1, or how smooth such a setup would be. Does anyone know of any software that allows you to connect non-native datafeeds such as LSE to TS8.1, and if so, how smooth is the operation of this set-up? (this option is/would be more complicated and more expensive than running European datafeeds native to TS8.1 though)

Many thanks

jtrader.

I believe there is a program called OwnData which would allow you to use a third party datafeed. This setup only makes sense if you are an active trader otherwise if you pay the monthly platform fee, plus trade comissions plus monthly fee for the third party feed plus the hefty price for the Owndata software...you are not getting that good of a deal.

http://www.tssupport.com/addons/owndata/

JTrader · Dec 4, 2005

Hwyman -
This setup only makes sense if you are an active trader otherwise if you pay the monthly platform fee, plus trade comissions plus monthly fee for the third party feed plus the hefty price for the Owndata software...you are not getting that good of a deal.

Hi Hwyman

totally agree. Much easier and cheaper if TS start covering European markets. At $995 for a prmanent license, or $49 for a monthly lease, OwnData 2.4 is not cheap. Add to this the $99-199 TS8.1 subscription, plus say another $120 for a European feed/s from esignal for example(who will charge the full amount of subscribing to esignal), and you are talking much more significant monthly overheads, but then if you make enought in profits, you will not be too concerned!

Cheers

jtrader.

TWI · Dec 7, 2005

TS8.1buld 3006 allowa import of 3rd party data so long as it is first written into a specific format Ascii file. It is a pain and still incredible that they will not just open it to any 3rd party provider as was possible with TS4/2000i but at least this is a step in the right direction.
I like the new Reuters charting package (metastock) which is now part of their Citrix RTC platform. Also possible to integrate it withExcel and so write a TS readable delimited ascii file. Cost for Reuters is £340/month + exch fees but that is a lot less than the Bloomberg I had before at $1750pcm.

turtle trader · Dec 7, 2005

They still won't put a date on it, but at least they have now publicly stated that they are going to add 'International Market Data'. This is what they say in the 'What's New' section:

International Market Data (Expected after the rollout of Service Pack 1 - Date to be announced)
In addition to offering market data for virtually all US exchanges, TradeStation will offer data for the world’s most actively traded international markets. After the release of TradeStation 8.1 Service Pack 1, Eurex (AG) Futures, Deutsche Borse Indices, and EuroNext / LIFFE Futures will become available (pricing to be determined), with other exchanges made available thereafter, on an exchange by exchange basis.

jmreeve · Dec 7, 2005

twalker said:
TS8.1buld 3006 allowa import of 3rd party data so long as it is first written into a specific format Ascii file. It is a pain and still incredible that they will not just open it to any 3rd party provider as was possible with TS4/2000i but at least this is a step in the right direction.
I like the new Reuters charting package (metastock) which is now part of their Citrix RTC platform. Also possible to integrate it withExcel and so write a TS readable delimited ascii file. Cost for Reuters is £340/month + exch fees but that is a lot less than the Bloomberg I had before at $1750pcm.

Hi TW,

Is the Reuters package just a terminal or does it provide a third-party accessable feed?

Also, can you get any decent ammount of history data from it?

TWI · Dec 8, 2005

It is just commodities. If you want all the financial also it will cost £860 + exch fees. I think it was a way to compete with Bloomberg on the commodity side. FX feed is 2 mins delayed and cannot on this package improve on that.
As for access it is web based and all the spreadsheets are stored on the Reuters server so can be accessed from any terminal logon. They also offer a downloaded application that will allow integration with excel on the particualar computer but I prefer former as then get everything wherever I am.
Not sure what you mean by 3rd party feed as this is just Reuters data, rel-time and history. There is a good amount of history but varies exchange to exchange.
Personally I still pay for the TS data as well since I prefer the convienience. Just wish they would add the EU data.

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