[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: TS2000 built in stops do not work for end of day systems


  • To: "OmegaList" <omega-list@xxxxxxxxxx>
  • Subject: Re: TS2000 built in stops do not work for end of day systems
  • From: "Patrick" <vibri@xxxxxxxxx>
  • Date: Thu, 5 Aug 1999 20:47:31 -0700

PureBytes Links

Trading Reference Links


William,

I accept what you are saying but how do I identify the End-of-Day orders in
the TradeStation2000 SystemBuilder?  I know that not all the orders which
come with the SystemBuilder work properly on a daily chart.  The help file
provides no indication.

regards
Patrick.


-----Original Message-----
From: William Brower <1000mileman@xxxxxxxxxxxxxx>
To: Patrick <vibri@xxxxxxxxx>; omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
Date: Thursday, August 05, 1999 9:15 PM
Subject: Re: TS2000 built in stops do not work for end of day systems


>THat is not quite right.  There are 6 end of day stops that duplicate those
>in the Stops Tab that Omega unfortunately deleted from the Format/Analysis
>menu selection.  These stops are as follows:
>
>        Profit Target
>        Stop Loss
>        Dllr Risk-Trailing
>        CloseAtEndofDay
>        Break Even Stop-Floor
>        Pcnt Risk Trailing
>
>
>
>At 06:35 PM 8/5/99 -0500, you wrote:
>>Dear Omega List,
>>
>>All the TS2000 money management stops, stop loss orders and trailing stops
>>are intraday stops not End of Day stops.  End of Day stops must be
>>calculated based on the previous bar not the current bar.  The Omega
>>Research built in stops all use the current bar intraday high or low which
>>is impossible for an end of day trader.
>>
>>
>>Does anyone on the list have an end of day money management stop and a
>>trailing dollar stop calculated based on the previous bar not the current
>>bar?
>>
>>
>>Thank You
>>Patrick.
>>
>>
>>
>>
>
>William Brower
>Publisher of TS Express
>Email: 1000mileman@xxxxxxxxxxxxxx
>Web: http://www.insideedgesystems.com
>
>