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Gene:
Not certain if this is related, but I guess it's not
possible to "look" in global server under TS6 under
edit symbol and look for tick intervals.
I found using TS2K that Esignal was only transmitting
ticks if the close was different for $TYX (30 year
interest rate at CBOE). In certain times they would
not transmit for more than an hour. When I questioned
them about it they started backstepping. Then I found
a lady who ran the data division at CBOE and she was
kind enough to email me $TYX data showing ticks like
every 15 seconds for the same date/time Esignal was
"filtering" their data.
When I confronted Esignal they finally fessed up to
their only transmitting when a close was different. I
then asked them to reveal how many other symbols they
were practicing this same voodoo on. They became
silent. I quickly dumped them.
As you know, if the data vendor does not transmit ALL
the ticks regardless of whether the tick is the same
or different - - - your charting program cannot build
bars without a certain number of ticks. In my case I
had big holes in my data even when I was charting 60
min. bars of $TYX. Obviously this ruined the analysis
I was running in TS2K.
I noticed Quote.com and SPComcast furnished ticks
every minute or less for $TYX during this same period
of time.
Obviously, Esignal is saving money on data
transmission costs at the expense of the trader
working working with their poor quality data (and
increasing the trader's risk of poorly timed trades).
Shadow
--- Gene Pope <gene@xxxxxxxxxxxxx> wrote:
> This TS "feature" is getting more interesting all
> the time..
>
> Because of a request from someone, I plotted POSS in
> TS6 just to see what it
> would do to a thinly traded symbol. The results
> speak for themselves.
>
> On 2/01, if you step through the time stamps of the
> 1 min. bar intervals,
> you get something like this:
>
> 10:25
> 10:31
> 10:36
> 10:37
> 10:40
> 10:44
> 10:46
> 11:03 (!!!!!)
>
> This is not a tick chart... this is not a point and
> figure chart... this is
> not 3 point break... this is *suppossed* to be an
> IN-TER-VAL chart, you
> know... based on TIME?? As in, plotting indicators
> according to price and
> TIME???
>
> This answers **so** many damn questions in my
> mind... How many people out
> there, for example, who tried to run versions of
> Oddball on smaller then 60
> min. intervals, with the intention of sampling the
> data on the hour,
> scratched their heads that the results were all over
> the place and didn't
> match the original?
>
> I mean, technically speaking, on POSS, even if you
> were charting on 5 min
> intervals (as someone suggested earlier), that nice
> gaparoo between 10:46
> and 11:03 woulda gotcha big time. And please spare
> me the lecture about the
> wisdom of trading such a thin stock... it's an
> extreme example, but I
> counted 3 dropped minutes on the ND on the same
> day... that's BS!
>
> Am I the only one that sees the idiocy here? Every
> charting program I've
> *ever* used that has quality indicator plots would
> be gone in a second if
> they started arbitrarily dropping whole bars of
> time... A simple moving
> average will still approach a flat line over time
> for god's sake...
>
> I am truly dumbstruck. I never would have even
> considered that a so-called
> professional charting program could actually
> seriously consider that this
> logic is correct. And you can have all this for only
> $795/mo?
>
> PHEH!!
>
> Gene Pope
>
>
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