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Read the post I sent again. The difference is in that 5 percent difference of
the data streams. You will be amazed--if you do the work by hand with a
spreadsheet--what one tick here and there will do on indicators.
It isn't the indicators--it's the data differences.
I am not suggesting you become a discretion trader. I am suggesting you should
tear into the two data streams and see exactly what is different. The choose
one.
Tim Morge
Ron wrote:
> Please read the email again!
>
> JeRRyWar Yes everything is exactlly the same on both TS machines. Other than
> the data off course!!!!!
>
> >Timothy Morge:
> >Trading in the currency and S&P
> >pits for any period of time there will give you a better feel for the
> 'noise'
> >contained in the data most of us use.
>
> I leave the feel factor to others on this list who are super humans with
> amazing sixth feel sences. No Thanks.
>
> >You'll have to watch both data streams with your
> >indicator and then choose which you trust and which is successful. This may
> be
> >the lesson that shows you just how subjective most indicators are.
>
> Dont use indicators but love to play with them. And I am a system trader so
> I cant watch two feeds and would rather not trust anything other than my
> fish keeping his mouth shout at all times.
>
> ----- Original Message -----
> From: "JeRRyWar" <drwar@xxxxxxxxxxxx>
> To: "'Ron'" <ron560@xxxxxxxxxxx>; "'Omega List'" <omega-list@xxxxxxxxxx>
> Sent: Tuesday, July 11, 2000 1:20 PM
> Subject: RE: DATA Discrepency BE AFRAID!!!
>
> > The difference most likely lies in the difference between the two
> stochastic
> > indicators and not the data. Try exporting the Quote.com data into your
> > other program and then compare.
> >
> > -----Original Message-----
> > From: Ron [mailto:ron560@xxxxxxxxxxx]
> > Sent: Tuesday, July 11, 2000 1:17 PM
> > To: Omega List
> > Subject: DATA Discrepency BE AFRAID!!!
> >
> >
> > Please consider the following example:
> >
> > DTN Feed_IBM 60min_Stochastic Crossover
> > A crossover buy is generated using DTN data.
> >
> > Quote.com Feed_IBM 60min_Stochastic No Crossover
> > No crossover in Quote.com data using same stochastic parameters.
> >
> > What do you do? Both feeds have been working fine all day and tick counts
> > are within 95% of each other but obviously there is a discrepancy in the
> > data between the two feds. Its very hard to get to independent feed to
> match
> > data exactly, especially on the lower time frames.
> >
> > Since no two feed are the same does it make sence to test systems on one
> > data source and trade it using another. No matter how reliable your data
> > source is for historical data there is no guarantee that your real time
> data
> > matches the intrinsic characteristics of your historical data source.
> Infact
> > most often the performances will NOT be the same for the same system. This
> > highly limits the type of systems that can be traded in real-time and
> tested
> > historically. SO BE AFRAID!!!
> >
> > This data problem has been bugging me for a long time and unless you have
> > direct feeds from exchanges and full control over the data distribution
> and
> > filtering process you may be trading based on artificially adjusted data.
> >
> > So where do you draw the line.
> >
> > All comments appreciated. Thanks
> >
> >
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