Recent content by Castor

Further to my earlier post, I have spoken to Reuters who said they were aware of the problem and working to correct it. They said they expected to have the new system up and running within a couple of months. Let's see.

Looks to me like the only solution is to go over to Financial Express Prestel, but I'm not sure how clunky or otherwise the downloading is. Anyone have any experience of it?

I don't know about Trade Station, but I do know that you can take a lot of the slog out of selecting pairs by using PairTrade Finder. You can download it from the site of the same name and try it out for 30 days. The software also gives trading signals, but you can take 'em or leave 'em. Only...

Thanks, Zeppo. I have read the manual and I know about composites, but the only way I can see that you could set up a pair trading on Metastock would be if you were trading a pretty simple system based on the ratio alone. Even then, you couldn't use a signal generated by the composite as a...

Anybody else having problems with Reuters EOD data from London? I'm getting some really weird readings from downloads made, on average, three to five hours after the close -- closing prices that are sometimes several percent away from the true figure. They get adjusted the following day, but...

Thanks. I'll check it out. And best of luck with the moderators.

Thanks, stocktrader 77. Much appreciated. I see there's a 30-day trial on offer so I'll give it a go. Btw, I notice that there are pair trading threads scattered all over this site. There's an argument for creating a dedicated section. Or perhaps someone knows of a forum for pair traders?

Encouraging stuff for those of us who are starting pair trading. Tell me, though, can Pairtrade Finder be used with any stocks? Or does it only work with US securities?

Does anyone know of way to use Metastock for pairs trading? It appears to be impossible to use a signal generated by the relationship between two securities as an order/alert for either one of them. Or am I missing something?

Thanks, Mr Gecko. Just to be absolutely clear, you mean the natural log of, say, Friday's close, less the natural log of Thursday's?

Overnight, I tested a range of securities on data going back over various time-frames using the CORREL and PEARSON functions in Excel. Deploying each on a variable that was the daily price produced two "top fives" (of highly correlated pairs) that were identical. But when I altered the variable...

Thanks, Hotch. I shall check out that link straightaway. Perhaps I didn't phrase the earlier posting clearly enough. What I meant was whether a correlation of the daily percentage change of two securities over a set period was a more reliable indicator of their suitability than a correlation of...

I've just begun to trade pairs using a mean reversion system and am looking for a mathematically sound way of judging the correlation of prospective pairs without getting, at this stage, pulled too deep into rocket science (no doubt that'll come later). Which is more reliable -- correlation of...