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Or "Calculate on Empty Bars"... assuming you would use previous data... like
I said... any indicator will continue to "move" even if price doesn't...
Gene
----- Original Message -----
From: "M. Simms" <prosys@xxxxxxxxxxxxxxxx>
To: "blackcloudover BillCruz" <trad_delist_anydaynow@xxxxxxxxx>; "Gene Pope"
<gene@xxxxxxxxxxxxx>
Cc: <omega-list@xxxxxxxxxx>
Sent: Tuesday, February 05, 2002 4:41 PM
Subject: RE: Well, isn't THIS just special...
> Should be a chart OPTION as a selectable checkbox:
> Show Empty Bar as Previous ?
>
> > -----Original Message-----
> > From: blackcloudover BillCruz [mailto:trad_delist_anydaynow@xxxxxxxxx]
> > Sent: Tuesday, February 05, 2002 12:20 PM
> > To: Gene Pope
> > Cc: omega-list@xxxxxxxxxx
> > Subject: Re: Well, isn't THIS just special...
> >
> >
> > 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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