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> I am aware that TS 4 uses bouncing ticks to "approximate" likely price
> movement within a bar, on a "dead" chart, when doing historical
> back-testing.
>
> However: does this apply to me? Obviously, if I were an end-of-day
> trader, all that TS would have is Open-High-Low-Close. But I trade
> 5-minute bars and am collecting tick data. Moreover I have *disabled* the
> option to "build 5 minute bars" in Server (part of the morning update).
> ...Thus, it seems to me my configuration is forcing TS to read every tick
> out of the Server--in order to calculate the O,H,L & C of each 5-minute
> bar, isn't it? Am I wrong about this?
>
> Thanks
> Ian
As you *TRADE* on 5 min bars - the TS_CHEATING_MODE is limited to
false results within THAT bar. Obviously thats MUCH BETTER than to be
cheated on a wide swinging daily bar, i.e. better, but not correct.
Actually that BOUNCING TICK is a good feature, as otherwise millions of
snake oil sellers would be out business. I even know widely respected
members of this list here, who sell systems which would not be possible with
CORRECT backtest results - I just cant assume that THEY dont know.....
....beware
rgds hans
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