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Re: Tradestation or Weathlab ?



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At 02:54 PM 6/26/2003, Alex Matulich wrote:


Now the kicker:  The TS "update every tick" feature works ONLY with
indicators.  There is no way to update every tick for signals.


Why would you want a signal to update on every tick? The concept is to enter
a stop or limit order at the end of a bar interval and that order is active
as the market changes.

But you can always increase the time resolution to whatever you like. If you
need 1-tick resolution for some reason, you can set the bar resolution to
1-tick and your system will update every tick.

If your system is designed and back-tested for lower resolution, say
5-minute bars for example, and you want higher resolution than that, you can
always create synthetic 5-minute bars from higher resolution or tick bars.

Bob Fulks