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Re: DowJones TS5 RE: Another Lie From Omega Re: TS 5 Beta



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> From: Gibbons Burke <gibbonsb@xxxxxx>
> 
> What's New in Dow Jones TradeStation version 5.0
> ------------------------------------------------
> 
> *** Analysis and Charting ***
> 
>  + Save as Picture.  You can now save a TradeStation chart as a graphics

it is not a NEW feature for those who use TS v4 for any other datafeed,
maybe
for the DJ version ...

> 
>  + You can now select the data type to be used with Point and Figure
> charting.  You can now use tick data, 1 minute, 5 minute, 15 minute, 60
> minute, and daily data.  The new field using is located on the Format
Price
> Data dialog box on the Settings tab, and it allows you to select any one
of
> these data types.  Previously, on intra-day charts, Point and Figure
charts
> could only be based on tick data, which only displayed one day of data. 
The
> new data types allow you to store more data in your chart.
> 

the 5-min, 15-min etc. p&f chart is new, BUT, displaying more than 1 day
of data of p&f in TS 4 for datafeed other than DJ is not new.

>  + A new Data Filter field allows you to select and use a data filter
that you
> have created in the History Manager.  The data filter can be used to
limit the
> amount of data that TradeStation will chart.  The data filter can be
applied
> from the Settings tab on the Format Price Data dialog box.

this is new for DJ feed only.

> 
>  + Natural Hour Bars are now calculated from midnight, instead of from
the
> session time.  This will improve the consistency of data when you are
> comparing symbols that use different exchange times.  Natural Hour Bars
can be
> enabled from the Settings tab from the Format Price Data dialog box.

it is new - but it could be a draw back too, so, the choice of natural hr
bar
based on midnite or seesion time should be allowed - oops, where is it in
the
DJ TS v5 beta?

> 
>  + We've added a new field to the Quote Window, labeled RT, which stands
for
> Real-Time. This field records a Y or an N in the column, depending on
whether
> or not the Quote Window is displaying real-time data for that symbol.  A
Y
> means that the last quote for that symbol was real-time.  An N means that
the
> last quote for that symbol was not real-time, which could mean that the
last
> quote was a correction or refresh data.

that is new only to DJ again - it was there in the other feeds LONG TIME
ago.


> .... more are cut ...

>From above, I think it is obvious that the improvements are related to the
DJ TS version special that was introduced years ago only.

Basically, I think there is a miscommunication here: I am talking about the
final versions of TS 4 of varies feeds compared to the DJ TS v5 beta - and 
there is no major improvement over the existing TS of varies feeds.
Although 
the DJ TS v5 may have its major improvement done, I think it just put it at

par to where it suppose should be 1 year ago - crash less.

To those who own the TS v4 of any other feeds, like me, are concerned how
will the new TS v5 look like, and based on the current DJ TS v5 beta, there
is no major improvement or changes to the charting module when compared to
the existing TS v4. Since the new TS v5 server for Signal, BMI, etc.
is not part of the DJ TS package - I did not mention any comparison which
is
true to the issue on hand, and facts are presented.

-Lawrence Chan
p.s. I don't mind to do the comments on the full text in the original
posting,
just that it is VERY VERY long - anyway, all TS v4 users know what is
available
to them currently, they can tell if there is anything new in the charting
of
this TS v5 beta based on this NEW features list :)