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You're welcome. I've learned something here as well. Thanks for sharing your
problem.
Jim Bronke
Phoenix, AZ
----- Original Message -----
From: "Chris McMurry" <chrismcmurry@xxxxxxxx>
To: "Omega Research Mailing List" <omega-list@xxxxxxxxxx>
Sent: Saturday, June 30, 2001 5:09 PM
Subject: Re: Limit order bug in TS2K?
> Thanks for your support. I thought that was what this list was
for--providing
> a forum in which users could share information and help each other.
>
> I figured this problem out, I believe. The default setting for the "min
move"
> in the Symbol Universe was set to 125 instead of 0.125. When I changed it
the
> limit buy worked as expected.
>
> Chris
>
> Jim Bronke wrote:
>
> > Well Mr Omega Man if you don't have anything positive to say, don't say
> > anything and do that for the sake of this list. This list is really
about
> > people helping each other. you could have simply just referred him to a
> > book. Perhaps a book that you may have written. He is not desrving of
such
> > treatment. He was enquiring as to whether it was a bug.
> > I have come across that Limit order problem myself and just haven't had
the
> > time to research it. I do know that the code has to do something special
to
> > be looking at the next bar of data to acknowledge that there is an
entry.
> >
> > Jim Bronke
> > Phoenix, AZ
> >
> > ----- Original Message -----
> > From: <the_omega_man@xxxxxxxxxxxx>
> > To: "Omega List" <omega-list@xxxxxxxxxx>
> > Sent: Saturday, June 30, 2001 10:40 AM
> > Subject: Re: Limit order bug in TS2K?
> >
> > >
> > > Did you do even rudimentary checking of your logic and understanding
of
> > > trading orders before asking whether there was a "bug" in the
software?
> > > Answer: No, you did not.
> > >
> > > I have suggested in this forum that many of the alleged "bugs" in TS
> > really
> > > are failures of users to understand the mechanics of trading and/or
how
> > > the software works (RTFM). I submit your "bug" as yet another case in
> > point.
> > >
> > > I will not do your homework for you. Suffice it to say, the problem
is
> > > on your end.
> > >
> > >
> > > The Omega Man
> > >
> > > P.S. - Some say Omega doesn't use the software for trading... Well
now.
> > > How many say that the user below uses the software to trade?
> > >
> > >
> > >
> > > At Sat, 30 Jun 2001 10:24:15 -0400, Chris McMurry
<chrismcmurry@xxxxxxxx>
> > > wrote:
> > >
> > > >
> > > >It is my understanding that Limit orders should execute as Market If
> > > >Touched orders. In other words, if I place a buy limit order, then
> > > >it
> > > >should be executed on the next bar if the price of the stock trades
> > > >down
> > > >to the level of the buy limit price. I.e., if the Low of the next
bar
> > > ><= Limit price, then the buy will occur at the limit price or better.
> > > >
> > > >This is not occurring in all circumstances. I have a chart of the
QQQs
> > > >up and I am attempting to make the signal buy at a limit of 79.87 or
> > > >better. Here is my test code:
> > > >.......
> > > >If date = 1000105 Then begin
> > > > print("Date = ", date);
> > > > buy("test") at 79.87 Limit;
> > > >end;
> > > >if date = 1000106 then begin
> > > > print("Date = ", date);
> > > > print("1/6 Low = ", low);
> > > >end;
> > > >.......
> > > >
> > > >This is what prints:
> > > >Date = 1000105.00
> > > >Date = 1000106.00
> > > >1/6 Low = 79.75
> > > >
> > > >This DOES NOT EXECUTE THE BUY.
> > > >
> > > >I tested various numbers at the Limit price. The lowest one that
will
> > > >buy is 79.99.
> > > >
> > > >Is this a bug?
> > > >
> > > >Chris
> > > >
>
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