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Dennis,
"Then TS2000i check's the real execution price and
move buy/sell signal to the actual place on the chart, re- calculates all
stops, strategy report and etc. and any dollar positions basing on this new
real buy/sell signal. So, your next signals will be adequate to your
previous trades."
How does one or strategy code get updated with the real
Price? How is the real price inputted to the signal?
While the trick you offer may be part of the solution, the
issue of trade automation is more complex that. An automated
strategy must include
the management of the trade itself, but more importantly
must manage or provide enough hooks for when things to not
happen as they should, like the trade does not get executed,
or the user manually goes into the account and closes the
position, or the actual connection to the brokerage has gone
down and a trade could not be placed, The strategy logic get
restarted, or the computer goes down and you have to pick
backup where you left off before the crash!!!!
The original post in this thread deals with this very issue.
That is, without the hooks or solution in place for the
above issues, automation will NOT BE COMPLETE. The biggest
problem right know with TS6 automation is that there is no
tie between the strategy and the brokerage account! And
without it you automation process is doomed! On the other
hand there are other products that can be used today to get
us closer to true unattended automation.
Despite all of this, I will never be able to rest knowing
that there is something pending and that I am depending on
computers, internet connections, electrical power, to be
all intact. To that end, the system must be able to
alert you in case of a failure. The alert would allow you
to use the old fashion way, ie, phone your broker to clean up
the mess.
Regards,
Ernie
ebonugli@xxxxxxxx
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