Does Tradestation do 15, 45 sec etc... charts?

[smiley]

Hi

Can anybody please answer the following two quick questions re the latest versions of Tradestation?;

Does it allow sub one minute back testing and auto trading?
eg. 15 sec, 30sec, 45sec.....

With regard to candlestick formation, does the programme language allow you to take into consideration not just the body of the candle but also the tails and generate signals/orders based on that information?

Tnx in advance

Smiley


p.s. I placed this thread last night but with an error in the title.........any replies are very welcome....thankyou.

 

[turtle trader]

Smiley

1. The minimum 'time' frame is one minute, but you can then move down to tick charts, which are based on trade action instead of time. A 10 tick chart, for example, would generate a new bar for every 10 transactions.

Unfortunately, what you can't do is combine time based & tick charts to generate signals.

2. Candlesticks are just representations of the open, high, low & close, and yes - you can use any combination of these in TradeStations 'EasyLanguage' to generate signals.

Hope this helps
Simon

Hi

Can anybody please answer the following two quick questions re the latest versions of Tradestation?;

Does it allow sub one minute back testing and auto trading?
eg. 15 sec, 30sec, 45sec.....

With regard to candlestick formation, does the programme language allow you to take into consideration not just the body of the candle but also the tails and generate signals/orders based on that information?

Tnx in advance

Smiley


p.s. I placed this thread last night but with an error in the title.........any replies are very welcome....thankyou.

 

[Directional]

NeoTicker will do sub minute interval bars, and constant range bars as well which is a very nice feature for eliminating chop, neither of which can be done via TradeStation.

 

[ZDO]

smiley,

No sub-minute charts in TS by normal channels - but
It could be done with a good clock dll, ADE, and using tweaks on Virtual Bars (all available on TS boards.)
Wouldn't be necessarily easy but it can be done...

One TS proxy would be to build some distributions on the number of tics per X seconds for the instruments you are trading and just use the appropriate sized tic bar... this might actually get you closer to what you're seeking than subminute bars!

For Candlesticks in TS you must derive all the candlestick conditions in code (many examples available)- so of course you could include tails, etc. in your systems...

btw Turtle Trader by using ADE you CAN (very carefully(still has 'timing' issues)) 'intermingle' time and tick data in TS in indicators and systems. ADE is hard work at first but once you figure it out and get competent at it - it's great.

All the best

zdo

 

[smiley]

Thanks guys for taking the time to reply. Its been a help.

Cheers

Smiley

 

[Zeos6]

Smiley

1. The minimum 'time' frame is one minute, but you can then move down to tick charts, which are based on trade action instead of time. A 10 tick chart, for example, would generate a new bar for every 10 transactions.

Unfortunately, what you can't do is combine time based & tick charts to generate signals.

2. Candlesticks are just representations of the open, high, low & close, and yes - you can use any combination of these in TradeStations 'EasyLanguage' to generate signals.

Hope this helps
Simon

Just a quick note.
If I recall correctly, the PUSHPOP dll will allow you to combine tick and minute signals onto the same chart.
Paul

 

[Trader333]

I think that the Global Variable will also do the same. But it is possible to get two different data sources into one chart screen and it maybe possible to set one to tick and the other to a timed interval. It is definitely possible to have two different timeframes in one chart using this method.


Paul

 

[zt3k]

MultiCharts can do all of those.