FW: EL Question about Real Time

["mike@xxxxxxxxxxxxxxxxx" <Mike@xxxxxxxxxxxxxxxxx>]

Thanks for your answer. Let me try to rephrase my question. Actually it is a
difficult thing to explain.

I need to know while my strategy is running, if the data I am dealing with
is the historical data that comes into the strategy when the strategy first
starts or IF on the other hand I am actually seeing the tick by tick real
time data.

Is the High, Low, Close value I am reading, is it a history bar or the
current real time bar?

Actual execution of trades should only happen in real time. My DLL
interfaces to the Globex computer and I want to place trades ONLY when I
know my strategy is getting the latest quotes. This will prevent executing
trades based on the initial historical data coming into the strategy when
the strategy starts up.

I need some type of EL command that would say for example that "This Data is
Fresh". If I had a "DataIsNowFresh" property that would be great. As it is I
can do it like I coded in my example below:

---------------------
Vars: DataIsFresh(0), LastTime(0), RetVal(0);

DefineDLLFunction: "MyOrder.DLL", Long, "PlaceOrder", LPSTR, Long;

If (DataIsFresh = 0) and (Date >= CurrentDate) and (Time >= CurrentTime)
Then
   LastTime = Time;

If (LastTime > 0) and (Time > LastTime) Then
   DataIsFresh = 1;

{WHEN MY STRATEGY SIGNALS TO BUY I CAN NOW USE THIS STATEMENT}
If DataIsFresh Then RetVal = PlaceOrder("BUY MARKET ESM2", 5);
----------------------

This actually prevents me from placing dozens of unwanted orders too early
in history.

Thanks for your input,

Mike.

-----Original Message-----
From: Bob Fulks [mailto:bfulks@xxxxxxxxxxxx]
Sent: Monday, March 18, 2002 4:42 PM
To: Mike@xxxxxxxxxxxxxxxxx
Cc: OMEGA LIST
Subject: Re: EL Question about Real Time


At 8:04 AM -0800 3/18/02, mike@xxxxxxxxxxxxxxxxx wrote:

>I am assuming by everyone's lack of response on this subject that no one
>knows a better way for a strategy to know when it is dealing with real live
>price values as opposed to historical price values in the strategy
>evaluation.


Usually questions that go unanswered on the list are those that are
hard to understand. Your's is in that category. Your question make no
sense to me.

It would seem obvious that trades that appear when you turn on
TradeStation are historical and those that pop up as your real-time
feed moves along in real time are real-time.

I am obviously missing something... Perhaps you could try an example.

Bob Fulks