|
PureBytes Links
Trading Reference Links
|
> 2. I can't figure out how to get TS to acknowledge holidays.
> I have my TS set up with the American holiday list, and the list
> contains the holidays I expect it to have, and the exchange uses
> the American list. But every holiday, I have a gap in my data.
> Any suggestions how I might fix this?
inside charting GO
TOOLS
OPTIONS
TAB: PRICE DATA
UNCHECK 2nd choice
I dont like doing it, as it HIDES periods of the day where you might
have missed data for whatever reason - but thats one option
OMEGA told me that the HOLIDAY LIST does not have the function you
want it to do (like above) and me too - it has a different one, which
I forgot.........
rgds hans
hope this mail does help you somehow
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Date forwarded: Thu, 15 Jan 1998 14:42:34 -0800
From: dennis.boyle@xxxxxxxxxxxxxxxxx
Date sent: Thu, 15 Jan 1998 15:34:09 -0500
To: omega-list@xxxxxxxxxx
Subject: Omega Research / Holiday List / Martin Luther King
Jr. Day Forwarded by: omega-list@xxxxxxxxxx
Monday, January 19 (Martin Luther King, Jr. Day) is a new exchange
holiday. It is not listed in the Omega Research Server Holiday List.
Therefore, unless you set up the holiday in the Holiday List, daily
settlement prices for all domestic exchanges from Friday, January 16
will be duplicated on all daily data based charts on Monday, January
19. To ensure normal data collection, you will have to set up the new
holiday in the American Holiday List.
This document contains the following instructions:
A. How to set up the holiday in the Holiday List to ensure normal
operation. B. What to do after the holiday if you did not add the
holiday to the Holiday List. C. Frequently asked questions pertaining
to holidays in general.
A. How to setup the holiday in the Holiday List:
1. In the Omega Research Server, use the Tools - Holiday Setup menu
sequence. 2. Highlight American Holidays. 3. Click Edit List. 4.
Click Add Date. 5. In the Date field, type 01/19/98. 6. In the
Description field type Martin Luther King, Jr. Day. 7. Click OK. 8.
Click OK. 9. Click Close.
Note: You must set up the holiday by Sunday, 1/18/98 11:59pm. If it is
not, you will need to perform Step B on the day after the holiday.
B. What to do after the holiday if you did not add the holiday to the
Holiday List: If you did not add the holiday to the Holiday List prior
to the holiday, the server will collect daily settlement prices for
the holiday, which will simply be a duplication of the previous day's
settlement prices. Therefore, you will need to delete the daily data
for the holiday. To do so:
1. In the Omega Research Server, use the File - Delete menu sequence.
2. Remove the check next to Intraday. 3. On the Daily line, set the
Start Date to 01/19/98. 4. On the Daily line, set the End Date to
01/19/98. 5. Click Add by. 6. Highlight all DOMESTIC exchanges (Hold
down the CTRL key while clicking the exchanges). 7. Click OK. 8.
Click OK. 9. In the "Delete data?" dialog box, click Yes.
C. Frequently-asked questions about holidays in general:
Q: Why is there a Holiday List?
A: Our server is scheduled to collect daily data after the close of
each market on the days scheduled in the symbol/exchange universe. All
of our compatible data feeds will continue to send the previous
business day's daily prices (also known as refresh, settlement, or
daily data) during the holiday. If a regularly scheduled day is a
holiday (or non-trading day) and the holiday is listed in the Holiday
List, the server will not collect this duplicate daily data. However,
if the holiday is not listed in the Holiday List, the server will
collect the same daily data two days in a row. Obviously, this will
alter any technical analysis, which is why it is necessary to either
a) setup the holiday in advance or b) delete the duplicated daily data
after it has been collected.
Q: What other problems can I expect on the day after the holiday?
A: Your intraday and/or daily charts might contain gaps, which can
alter results of any technical analysis. For example, when calculating
a trend line, you should not include days with no trading.
Q: How can I fix this "time gap" problem?
A: From the TradeStation or SuperCharts main menu, use the Tools -
Options menu sequence. Click on the Price Data tab. Clear the checks
from the first two check boxes in the dialog box and click OK. This
removes all of the gaps on every intraday and daily chart on every
workspace.
Q: Doesn't that throw off my trend line analysis if there really is a
time gap that's not due to the holiday?
A: Yes. However, most traders aren't too concerned about this because
trading (most of the time) is constant throughout the day.
Q: What about people who trade foreign markets that are open on the
holiday?
A: When you follow the directions in this document, you are only
altering the Holiday List for the domestic exchanges. Data collection
from foreign exchanges will not be affected.
Please contact our Customer Support Center if you need further
assistance with or have any questions about the above information.
Dennis Boyle
Omega Research
Customer Support Center
~~~~~
....and bear in mind
that high reward does not come without its partner high risk !
|