Re: TS7

["Abhijit Dey" <omegalist@xxxxxxxxxx>]

As I understand, TS 7.2 does not have separate data fee. For $100 you get
the platform + data. However, unless you pay the exchange fees, the data
would be delayed. So in my present scenario, I pay $100 + whatever TS asks
me to fork over for cme, cbot & nyse/nasdaq etc. fees per month.

Now, if I want the outside data and do not want data from TS servers, I do
not see why can't I stop paying the exchange fees to TS.

For my purposes, I am quite happy with the TS feed lately. Also have IB as
my backup broker and use SierraChart ($6/month) that runs off the IB feed.
So I am covered if I am in a trade & TS goes belly up.

But this indeed is a very interesting product for getting all sorts of
outside data into TS for backtesting. For exmple, european markets! No
native feed from TS for any markets outside US.

Thanks


----- Original Message ----- 
From: "Henry Amand" <h.amand@xxxxxxxxx>
To: "omega-list" <omega-list@xxxxxxxxxx>
Sent: Wednesday, December 10, 2003 3:16 PM
Subject: Re: TS7


> Abhijit Dey wrote:
> > Gee, I had no idea. Thanks for pointing it out.
> >
> > quote from the website - "However, you'll have to pay both
> > TradeStation7 and the additional vendors for the data."
> > How so? Can't I just stop all the feed from TS and not pay for it?
>
> :-)
>
> Smart idea... but unfortunatly the data is not the only thing you
> pay for. You also pay for the program.... does that not sound strange....
>
> > That way I would be paying the monthly $100 for the platform, eSignal
> > (or whoever) for the data.
>
> Yes, the platform would cost you $100 indeed. You can also see
> it like this. You pay $100 for the platform and get the data for free !!
> It's just intresting for people that want to test on not supported symbols
> or want to have a backup datafeed or want to check if the report
> generated by TS is the same as on E-Signal data. (it might not be
> for instance because of bad data)
>
> > Also, would TS7.2 able to get market depth information from this
> > external feed?
>
> I don't know. You have to ask the developer that.
>
> > Actually, if you ask me, I haven't really had much problems with TS
> > feed lately. As to if it's reliable.. well, I haven't compared it
> > with any other source, but I have read here in the list that some
> > folks did find some discrepency in the TS data.
>
> And some folks do.... It's what you want. Backup... or not....
> One thing is sure, it can not hurt to have backups....
>
>
> greetings
>
>