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I received this message from the Toronto TS User Group on the new features
of TS 5.0 and am passing it along to the list.
==================== forwarded message===============================
Here are some of the new features that TradeStation 5 will have. I will send
you more information when it becomes available.
Thank You
Pedro San Juan
User Group Coordinator
Omega Research Inc.
11. Omega Research TradeStation 5.0 Features
"Look Inside a Bar™" System Testing
· Back-test and automate ANY trading system, from simple to the most
sophisticated without programming knowledge
· NEW! System Testing to the Tick Level - Test systems with more accuracy by
seeing what happened inside each bar using "Look Inside a Bar" technology.
(See enclosed literature sheet)
· NEW! Test systems of unlimited size on an unlimited amount of data
· NEW! Enhanced system reports which display detailed performance analysis
measures
System Optimization
· Automatically test a range of parameters for any system and find optimal
settings
· Optimization reports and graphs
System Automation and Alerts
· NEW! Tracking Control Center - View all alerts in one location including
drawing objects, indicators, ShowMe™ studies, PaintBar™ studies, buy and
sell signals generated by a trading system, and open positions,
active/filled/cancelled orders.
· NEW! Tracking Control Center - open architecture allows third party
applications to read, write, and receive notifications
· Automatically receive buy/sell/quote alerts on pager when user specified
criteria are met
EasyLanguage PowerEditor™
· EasyLanguage PowerEditor allows user to create trading systems with
EasyLanguage (the industry standard language for creating trading systems).
· NEW! EasyLanguage PowerEditor automatically colors syntax to simplify
editing and creation of analysis techniques
· NEW! EasyLanguage Wizard - The EasyLanguage Wizard is a tool within the
TradeStation PowerEditor that provides a simple point-and-click solution to
create trading systems, indicators, ShowMe studies and PaintBar studies.
· NEW! Over 500 built-in functions
ActivityBar™ Charts
· NEW! Visually displays activity inside the bar for multiple time
resolutions. (See enclosed literature sheet)
Charting and Analysis
· NEW! Unlimited number of bars in a chart
· Create custom indicators, ShowMe and PaintBar studies using EasyLanguage
· NEW! EasyLanguage SmartStyling™ - dynamically changes visual display of
indicators based on market activity (i.e. color and width)
· Alerts are generated for drawing objects (example: Trendline alerts)
SmartQuotes™
· NEW! Over 100 columns can be viewed which dynamically display valuable
data (i.e., view changes in
GlobalServer®
· NEW! Collects data for every symbol sent by the data provider.
· NEW! Allows instant access to all symbols, stores information on bid, ask
and implied volatility, and can store data in multiple time resolutions
· Compatible with Signal and BMI broadcast data feeds
· NEW! Also compatible with Signal Online, StockEdge Online, InSite, PC
Quote broadcast, PC Quote Online, and DTN
· Supports all the following end-of-day data file formats: ASCII, AIQ,
Computrac, CSI, Knight Ridder Financial Market, Mega-Tech, MetaStock,
TC2000, Tick Data Inc.
Omega Research Desktop
· NEW! Omega Research Desktop - TradeStation and other Omega Research
products such as OptionStation can be placed side by side in the desktop
workspace PLUS other applications can also be displayed on the desktop.
· NEW! Full support of Microsoft's component object model (COM) for seamless
integration of other applications such as Excel
Internet
· NEW! Compatible with real-time/delayed data from PC Quote Online, Signal
Online, Stock Edge Online, InSite
· Compatible with end-of-day internet data sources
· NEW! SmartBrowser -click on a symbol to access Internet information for
the symbol you are analyzing.
· NEW! Online Order Placement - Can be triggered by specified analysis
techniques and trading systems. Automatically fills in account and symbol
information for quick order placement via the Internet.
· Free minor software updates available on the Internet
(www.omegaresearch.com)
· Data refresh available via the Internet
Industry Standard Platform
· Over 200 solution providers offer products that work within the Omega
Research Platform
Advanced Technology
· NEW! 32-bit technology allows TradeStation to take full advantage of
system processing power
· NEW! Symmetric multi-processor support for maximum speed and processing
power
12. Additional Services:
Customer service unmatched in the industry
· Available via phone, fax, email, and online Knowledge Base
User Training
· Free System Development Seminars
· Full day product training available in major cities
· Over 100 Omega Research User Groups around the world
· OmegaWorld™ annual conference- The Premier Conference Dedicated to Systems
Testing and Design
System Development Training
· System Trading and Development Club - shows members how the experts trade
and helps them create their own systems
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