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How to exit the day after entry?
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Created: by Orjan Attachments:3

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How to exit the day after entry?

  #11 (permalink)
Trading Apprentice
Stockholm Sweden
 
Futures Experience: Intermediate
Platform: Multicharts
Favorite Futures: Futures, forex
 
Posts: 20 since Apr 2012
Thanks: 12 given, 2 received

Intrabar order generation is not possible in TradeStation 2001. But maybe I can build the system with intraday bars, lets say 15 min., and write an instruction that takes entry at the close of the day. I also need an daily MACD-indcator But for the moment I don't know how to do that.

Perhaps the soluton is to combine two charts. One for data 1 = 15 min and one for data 2 = daily?

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  #12 (permalink)
Market Wizard
Hamburg Germany
 
Futures Experience: Advanced
Platform: Multicharts, Tradestation, Multicharts.NET, NinjaTrader, MetaTrader
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Posts: 1,528 since Apr 2013
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True, I totally forgot about that. Your solution with two datastreams will likely reduce the occurrence of your problem, but it will not fix it. Even if you build everything based on a minute chart and emulate the daily bars, the problem can still happen.
You might want to take a trial for Multicharts or Tradestation 9 and see how much different the performance would be. Maybe the benefits already merit switching completely for you.

Regards,
ABCTG

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  #13 (permalink)
Market Wizard
Cleveland Ohio/United States
 
Futures Experience: Advanced
Platform: Tradestation
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Posts: 2,388 since Jul 2012
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Orjan View Post
Intrabar order generation is not possible in TradeStation 2001. But maybe I can build the system with intraday bars, lets say 15 min., and write an instruction that takes entry at the close of the day. I also need an daily MACD-indcator But for the moment I don't know how to do that.

Perhaps the soluton is to combine two charts. One for data 1 = 15 min and one for data 2 = daily?

Your solution would work, but calculating with 2 datastreams is tricky too. If you go this route, I recommend spending a lot of time making sure that anything you calculate from datastream2 is really what you want, and that it updates every day, not every 15 minutes.

If you have any questions please send me a Private Message or use the futures.io "Ask Me Anything" thread
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  #14 (permalink)
Trading Apprentice
Stockholm Sweden
 
Futures Experience: Intermediate
Platform: Multicharts
Favorite Futures: Futures, forex
 
Posts: 20 since Apr 2012
Thanks: 12 given, 2 received

Yes, a trial for Multicharts or Tradestation 9 would be the best I guess.

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  #15 (permalink)
Elite Member
Buenos Aires / Argentina
 
Futures Experience: Intermediate
Platform: Tradestation
Favorite Futures: YM
 
Posts: 15 since Oct 2013
Thanks: 46 given, 14 received

Trial

Better is a trial in diferents plattaforms.

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