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AW: WL data feeds / tick updating



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For your information. 

We are working on both issues. So we are planning to implement new data
feeds after the release of WLD3.

We also plan to get the indicator update for every tick in the near
future, so I guess for those among you that see an advantage in this
tick updating indicator you have to stick with TS :). 

Anyway, WLD3 will have tick bars which might help already?

Regards,

Volker Knapp
Wealth-Lab Inc.


-----Ursprüngliche Nachricht-----
Von: David Jennings [mailto:DavidJennings@xxxxxxxxxxxxx] 
Gesendet: Monday, September 15, 2003 12:52 PM
An: trader@xxxxxxxxxxxx; OmegaList
Betreff: Re: WL data feeds / tick updating

Yep, I'd certainly love to use WL with Tenfore. Their satellite feed is
first class.
----- Original Message ----- 
From: <trader@xxxxxxxxxxxx>
To: "omega-list" <omega-list@xxxxxxxxxx>
Sent: Monday, September 15, 2003 11:35 AM
Subject: RE: WL data feeds / tick updating


> > -----Oorspronkelijk bericht-----
> > Van: unicorn@xxxxxxxxx [mailto:unicorn@xxxxxxxxx] Namens Alex
Matulich
>
> > Volker:
> >
> > >>Does Wealth-Lab works with few data feeds at the same time? F.e.
> > >>receive EUREX from eSignal and NASDAQ from QCharts?
> >
> > >What a question :)
> > >
> > >YES.
>
> How about EUREX from Tenfore ? Or any of the other not supported
> datafeeds for wich developers have made custom programs so TS2000
> can work with them ?
>
> It's very good to see many people working on scripts with the
> WL comunity but unfortunatly no developers working on for instance
> a DDE feed program :-(
>
> > One thing I'd like to know, does WL update indicators in real
> > time as the ticks are coming in, or only at the end of each
> > bar?  That's one feature of TS that I very much need and use.
>
> Same here. WLD can not do that and no plans to implement
> that shortly.
>
> > I wish TS would do the same for trading strategies, but it
> > does it only for indicators (WL doesn't distinguish between
> > the two, correct? You can write a trading strategy that
> > simultaneously plots things?).
>
> For strategies it would not be a good idea. It would get you in
> and out of a trade multiple times on the same bar if your signal
> is very close to the signal level. Real time results would differ
> a lot from backtested results in those cases because costs and
> slippage would be completely different.
>
> WL indeed doesn't distinguish between signals and indicators.
> You place it all in one script wich is probably why it is not
> possible to update only the indicators in real time. It has it's
> advantages, because you only need to write a scrip all in 1 piece
> and add some plots but the disadvantage you discribe above is
> indeed for real time traders very anoying (and not workable for
> me actualy)
>
> greetings
>