TS7 automated futues entry

["Bill M" <verobill@xxxxxxxxxxxxx>]

This is a "heads up" for traders using TS 7 and looking to TS for answers.

I've was given 100% incorrect information on auto-execution from the fellow
who's the TS "automation specialist".

Example.  If you backtest on @es.d and create a system, you can't have an
@es.d chart up to trade the system since that's a symthetic contract.

But you will need to have the auto-trade system running on some kind of pit
session, since that's what you tested on.

However, if you "lookup" in the order module, all you see is esm03.E... the
24-hour.  You think, let's try esm03.d.  But the MANUAL order module won't
recognize .D as a valid symbol.

I ask the trade desk and they say, symbol must be esm03, "There is no other
symbol in reality."

I ask the auto-trade guru and he says, "Charts must be built on esm03 only."

But then my systems won't run as designed...

Then I notice that the my systems, now running on charts with esm03.D data
are working just fine !

They're showing orders in the TradeManager as placed on the plain vanilla
esm03 contract.  Somewhere between signal generation and order placement, TS
is changing the chart symbol to the valid contract...

but the TS guru didn't know it.

(If you look on the TS7 automated forum you see many hours being wasted by
traders trying to work around putting "ALL systems for one symbol on one
chart."  Hours of very creative programming.  Done because the TS guru said
it had to be done that way...  not so.)

If you're thinking about automating, there is something to note.  You can
not have open on your system, for any one symbol, automated trades that are
short at the same time that you have systems automated that are long.  Has
nothing to do with being in the market long or short.  The program will not
allow you to open an automated strategy that's short if you already have one
open and running that's long.

"Open a second futures trading account if you want to trade in both
directions," is what TS says.

If you've got swing trades and scalp trades automated, you might want to be
able to run both long and short at the same time, so the answer *is* a
second account - or being only long in the ES and only short in the NQ or
DOW...

Best,

    Bill M
    Vero Beach  FL