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Lionel
Thanks for the happy thoughts. I had a software company way back when
there were no IBM PCs or Apples, just a few brands and CP/M. We sold an
upgrade to Word Star with the TeleVideo 950 keyboard. Software and new key
caps which turned Word Star into a fairly good word processor for the time.
Sold a couple thousand packages @$100 each. Markets were a lot smaller
then. Made more money consulting.
With all the government regulations as well as the litigious society we live
in, I wouldn't sell peanuts without going offshore and refuse to deal with
Americans. The aggravation isn't worth it :).
Have a good holiday season.
Guy
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Lionel and Gail Issen
> Sent: Friday, January 01, 1999 7:48 AM
> To: metastock@xxxxxxxxxxxxx
> Subject: Re: Data Sevice (continuous data)
>
>
> Guy:
>
> Perhaps you might set up a sfotware company to market your some of your VB
> systems.
>
> Best wishes for the New year.
>
> Lionel
> -----Original Message-----
> From: Guy Tann <grtann@xxxxxxxxxxx>
> To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
> Date: Thursday, December 31, 1998 8:04 PM
> Subject: RE: Data Sevice (continuous data)
>
>
> >Chuck
> >
> >We only use the C-bar to calculate trade profitability. All of
> our systems
> >are based upon the daily price movement, so we need to include the prior
> >day's close and then we develop all of our calculations from there.
> >
> >We do mostly proprietary systems that don't run in MetaStock. Use MS for
> >charting. Trying now to use OLE to connect to Excel and our system there
> >(also in Visual Basic).
> >
> >We have never been able to get MS to do our calculations,
> primarily because
> >of how they appear to do their calculations (using the disk drive) and
> their
> >lack of variables.
> >
> >I haven't had the time to start playing with v6.5. Spent almost 6 months
> >converting to MS for DOS and getting some of our stuff to run (and I've
> been
> >programming for over 30 years). Rather than play with MS anymore, I'm
> >converting everything to VB and I have bought the MS File
> Library system so
> >that I can access the MS data directly.
> >
> >Regards
> >
> >Guy
> >
> >
> >> -----Original Message-----
> >> From: owner-metastock@xxxxxxxxxxxxx
> >> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Chuck Wemlinger
> >> Sent: Thursday, December 31, 1998 4:05 PM
> >> To: metastock@xxxxxxxxxxxxx
> >> Subject: Re: Data Sevice (continuous data)
> >>
> >>
> >> Guy,
> >>
> >> Thankyou, for your kind and informative reply. I guess that cash
> settled
> >> contracts can be switched near the last day whereas non cash
> settled must
> >> avoid FND so must switch earlier. I can imagine some huge gaps
> >> could occur
> >> on some commodities. Do the SP500 gaps affect your indicators
> and system
> >> tests, or does the C-Bar take care of that? I think you use
> >> custom systems
> >> that don't run in MS but rather in a program you developed.
> >>
> >> The reason I ask so many questions is that as I become more
> familiar with
> >> system testing, I want to be sure I don't get false signals on
> say a two
> >> year out of sample dataset that I may wish to test on.
> >>
> >> Chuck
> >>
> >> -----Original Message-----
> >> From: Guy Tann <grtann@xxxxxxxxxxx>
> >> To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
> >> Date: Thursday, December 31, 1998 4:26 PM
> >> Subject: RE: Data Sevice (continuous data)
> >>
> >>
> >> >Chuck
> >> >
> >> >I guess that's why the continuous contracts normally go to the
> >> last day and
> >> >then switch, to minimize any major price discrepancy. I have
> >> seen some big
> >> >gaps though, over the years.
> >> >
> >> >In our own systems we maintain a field called C-Bar (C with a
> >> bar over it).
> >> >We also include the previous day's close in the current days prices.
> >> >Therefore we are always able to determine the delta close (the amount
> >> >today's close moved with respect to yesterday's close). That's
> >> the number
> >> >that gets added to the C-bar.
> >> >
> >> >In determining our P or L on a given trade, we take the C-bar on
> >> the day we
> >> >made the trade and either add or subtract today's C-bar
> (depending upon
> >> >whether we're long or short) to come up with the total move
> basis close.
> >> >This technique effectively wipes out any problems caused by switching
> >> >contract months.
> >> >
> >> >Regards
> >> >
> >> >Guy
> >> >
> >> >>>>>SNIP<<<<<<<<
> >>
> >>
> >
> >
>
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