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How to exit the day after entry?


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How to exit the day after entry?

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  #11 (permalink)
Orjan
Stockholm Sweden
 
Posts: 20 since Apr 2012
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Intrabar order generation is not possible in TradeStation 2001. But maybe I can build the system with intraday bars, lets say 15 min., and write an instruction that takes entry at the close of the day. I also need an daily MACD-indcator But for the moment I don't know how to do that.

Perhaps the soluton is to combine two charts. One for data 1 = 15 min and one for data 2 = daily?

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  #12 (permalink)
 ABCTG   is a Vendor
 
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True, I totally forgot about that. Your solution with two datastreams will likely reduce the occurrence of your problem, but it will not fix it. Even if you build everything based on a minute chart and emulate the daily bars, the problem can still happen.
You might want to take a trial for Multicharts or Tradestation 9 and see how much different the performance would be. Maybe the benefits already merit switching completely for you.

Regards,
ABCTG

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  #13 (permalink)
 kevinkdog   is a Vendor
 
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Orjan View Post
Intrabar order generation is not possible in TradeStation 2001. But maybe I can build the system with intraday bars, lets say 15 min., and write an instruction that takes entry at the close of the day. I also need an daily MACD-indcator But for the moment I don't know how to do that.

Perhaps the soluton is to combine two charts. One for data 1 = 15 min and one for data 2 = daily?

Your solution would work, but calculating with 2 datastreams is tricky too. If you go this route, I recommend spending a lot of time making sure that anything you calculate from datastream2 is really what you want, and that it updates every day, not every 15 minutes.

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  #14 (permalink)
Orjan
Stockholm Sweden
 
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Yes, a trial for Multicharts or Tradestation 9 would be the best I guess.

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  #15 (permalink)
 Sony108 
Buenos Aires / Argentina
 
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Better is a trial in diferents plattaforms.

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Last Updated on November 4, 2013


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