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> Dennis at Trading Solutions Support -
>
> You seem to clearly understand the issues with Tradestation automation.
The
> not-quite-done product you describe is very much along the lines
necessary.
> You can count me as an interested party. I have a few questions about it:
>
> 1. Would it be usable with Tradestation 6 and 7?
I can't state that it will be useable with TS7 since I haven't seen it yet,
but software is compatible with TS5 and TS6.
>
> 2. How does it deal with the problem of the strategy receiving a tick
> beyond a stop price and assuming that the stop order was filled when it
was
> not.
We are developing filters now that will allow filtering input data stream.
It means you can easily create your set of rules and filter our bogus ticks.
Am I clear in my explanations?:) If not, let me know. You suggestions are
appreciated.
>
> 3. Could this product talk to Tradestation Securities (where my account
is
> at the moment)? If not, what brokers could it talk to?
Unfortunately, Tradestation Securities isn't our first goal, because they
don't provide API. In the future we will try to do connection without
documented API, but it will take more time. So, our primary goals are IB,
PATS and etc. BTW, all customers say that IB is just perfect and very
inexpensive. So, think about it.
>
> 4. Assuming the system remains online, will your product definitely,
always
> "catch up" and be aware of your brokerage positions? How long is the
lag
> time?
The product will be aware, if connection exists. However, lag may be up to
several seconds depending on your internet connection and broker's servers
loading. Usually the lag doesn't exceed 5 seconds.
>
> 5. How do you keep Tradestation from shutting down the strategy during
the
> lag time?
We can't affect on strategy until we get real execution price. Once it is
done, we replace generated trades with real ones.
>
> 6. How much interest do you need to complete the product, and what price
> point are you thinking of?
If we will receive at least 100 e-mails, we will start to work on it. The
price will be reasonable - 200-300 dollars.
>
> 7. Can you use a Beta tester? (email me)
Yes, we will create web page for this product soon and I let you know.
Many thanks for you interest and input. Actually you started to discuss the
real things that traders need. I think you should to continue this
discussing on O-list, because we get much valuable information.
Dennis@
TS Support
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