Euro Conversion in TS

[Robert Bianchi <R.Bianchi@xxxxxxxxx>]

Gerrit,
Why are you using the USD/DEM tick data as history for the Euro ????
The Euro is going to be a surrogate currency of many countries. I would
argue that there is no market at present that reflects the new Euro. To
assume that the tick data history of the DEM is the new Euro is a VERY
LARGE ASSUMPTION to make. Why not use USD/FFR or even a weighted version of
USD/DEM and USD/FFR, or ............ Gerrit, these are all big assumptions
to make.

Just a quick thought, build an indicator with 4 plots and input the
conversion rate. plot 4 lines that have the O,H,L,C, and then file save the
output to a CSV file. Then in excel delete the orignal O,H,L,C columns and
shazam you have it \converted the O,H,L,C. Just remember, TS only handles
13,000 bars and Excel can only handle 65,000 rows.

Just my thoughts,


Robert Bianchi





Date: Wed, 25 Nov 1998 18:32:20 +0100
From: "Gerrit Jacobsen" <jrt@xxxxxxxxxxxxxxxx>
To: omega-list@xxxxxxxxxx
Subject: Euro Conversion in TS possible ???
Message-Id: <x199811251949.TAA12536@xxxxxxxxxxxxxxxx>
Content-type: text/plain; charset=US-ASCII
MIME-Version: 1.0
Content-Transfer-Encoding: 7BIT

In month we will be hit with the euro conversion.

I assume that the easiest way to convert past histories for 
instruments that traded in another currency before is to use the 
split ratio function in the server for the conversion.

However there is a little snag that I have been unable to solve. 

The euro convention for forex is going to be EURUSD. Since I want to 
convert my USDDEM prices into EURUSD I need to invert the tick-data 
(1/USDDEM). 

Any ideas ? (I don't want to do it manually :-)

Gerrit Jacobsen