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bob, does TS8 data have any third party access?
for example, i would be interested in simultaneously running Ensign
utilizing the TS8 data, as i like the look and feel of the charts
right now i run qcharts and use the same data imported to via TCP to TS2ki
all very efficiently with the dynastore interface
( i don't need the data to be perfectly clean, all of the time)
but they are increasing prices without concurrent value increases
the TS8 data on demand and continuous contracts seem a valuable feature
----- Original Message -----
From: "Bob Fulks" <bfulks@xxxxxxxxxxxx>
To: "Omega-List" <omega-list@xxxxxxxxxx>
Sent: Friday, December 23, 2005 9:44 AM
Subject: Re[2]: Data management
> At 06:52 PM 12/22/2005, Jimmy Snowden wrote:
>
> >TS2ki with Esignal is exactly the setup that TS2ki was built for. It
> >does store all data automatically on the hard drive. TS6, TS7 and now
> >TS8 are all on Tradestations servers. You get a little temp file for
> >data but when you disconnect it evaporates. So it is like having the
> >Global Server in Florida rather than on your hard drive. Works good
> >if your way of doing business accepts that.
>
>
> Not correct.
>
> With TS8, when you open a new chart and type a symbol, the required data
is downloaded from their servers to your machine to fill the chart in a few
seconds. This is then stored locally on your machine in a cache file. The
cache file is on your hard-disk and stays there when you turn the power off.
>
> There is no "add it to the symbol universe", "make sure the BigPointValue,
MinMove, etc. is correct. No need to ever download historical data. Simply
type any symbol and the data with all the attributes automatically loads
into your chart and the cache.
>
> Then, when you open that symbol on the chart again, it first uses the data
in the cache then automatically adds any new data required to bring the
chart up to date.
>
> If you are offline and bring up the chart, it plots the data stored in the
cache but does not update it, obviously, until you log on again.
>
> If the data in the cache gets corrupted for any reason, you can delete the
clearly marked files for that symbol and it will reload it from scratch when
you reopen the chart.
>
> They also tell you with a small icon on the chart if there is a correction
available for the data for that symbol and you can chose to apply the
correction or not as you wish.
>
> You can have multiple copies of TradeStation on multiple machines just so
long as only one is on-line at a time. I often have a trading machine that
is on-line during the day and a research machine that is off-line during the
day. I can then log-on with the research machine after trading hours to
refresh the cache files on the research machine. If I need a new symbol on
the research machine during the day, I can temporarily log on with the
research machine to get the required data.
>
> When I think back to all the time I spent managing data, OMZ files, I
wonder how I ever put up with all that hassle...
>
>
> At 08:02 AM 12/23/2005, Phil Bailey wrote:
>
> >Also, TS8 seems like it may go bankrupt or with different owners soon (?)
(bad management).
>
> Yes. It is a shame. The stock has only doubled this past year...
>
>
> >This is in addition to obsoleting their own software routinely and making
users change to upgrades without a choice in the matter (and they have
absolutely nothing if they don't change - no history, no software, no
choices). TS8 you have all eggs in basket as well with broker, charting,
data feed in one package versus the undisputed industry best in each
category which may change ( ie - jack of all trades, master of... all part
of bad management company policy mandate).
>
> Perhaps. If you want to spend all your time integrating and managing all
the multiple party tools. I would rather just turn on my computer and trade.
>
>
> >I hope they always do well. I think everyone does. If you are just trying
out for size, TS8 would be the easiest. But for the long haul either both or
TS2k alone would be my alternative subset.
>
> I still keep TS2000i around for mutual funds because so far, TS8 does not
adjust mutual fund prices for distributions (last I checked). So I still had
to use ASCII data. That required me to keep TS2000i operating until the
present build of TS8, which can now read ASCII data files... Hurray!
>
>
> >But yes, Bob is right. Next to Esignal, TS8 did model their data directly
after Esignal and you have greater history range of groomed tic/minute data
without the hassle at your finger tips. And you don't have to leave
workstation on all night ($20/month electric savings). Esignal has 2/3 month
window for retrieval of tic/minute interday data.
>
> I don't leave my workstation on at night. Don't know where you got that
idea.
>
>
> Only a 2/3 month window? Too bad. TS8 retrieves many years of minute-data
when you type in a new symbol. I don't know how much but I recently got 7
years of minute data for over 40 commodities.
>
> And since TradeStation is now free (if you make only 10 round-turn futures
trades a month), and you get real-time data for only the exchange fees, I
wonder why anyone is still paying for their real-time data...
>
> To each his own... I know I would never go back to the old way...
>
> Bob Fulks
>
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>
>
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