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OM:
One's understanding of programming has nothing to do with whether one uses
the software to trade. The simple question, "is this a bug" does not
warrant a personal rebuff ("How many say that the user below uses the
software to trade?"). A more constructive approach would be to guide the
user from his question to a possible solution. You can do better than that
OM! You have been helpful to me in the past, even though I am barely a
beginning programmer. But I still trade using TS and the workgroup I
started, has converted successful discretionary trading techniques to code
for the entire group to use. People working together is more powerful than
people working against each other.
Don
.
----- Original Message -----
From: <the_omega_man@xxxxxxxxxxxx>
To: "Omega List" <omega-list@xxxxxxxxxx>
Sent: Saturday, June 30, 2001 12:40 PM
Subject: Re: Limit order bug in TS2K?
Did you do even rudimentary checking of your logic and understanding of
trading orders before asking whether there was a "bug" in the software?
Answer: No, you did not.
I have suggested in this forum that many of the alleged "bugs" in TS really
are failures of users to understand the mechanics of trading and/or how
the software works (RTFM). I submit your "bug" as yet another case in
point.
I will not do your homework for you. Suffice it to say, the problem is
on your end.
The Omega Man
P.S. - Some say Omega doesn't use the software for trading... Well now.
How many say that the user below uses the software to trade?
At Sat, 30 Jun 2001 10:24:15 -0400, Chris McMurry <chrismcmurry@xxxxxxxx>
wrote:
>
>It is my understanding that Limit orders should execute as Market If
>Touched orders. In other words, if I place a buy limit order, then
>it
>should be executed on the next bar if the price of the stock trades
>down
>to the level of the buy limit price. I.e., if the Low of the next bar
><= Limit price, then the buy will occur at the limit price or better.
>
>This is not occurring in all circumstances. I have a chart of the QQQs
>up and I am attempting to make the signal buy at a limit of 79.87 or
>better. Here is my test code:
>.......
>If date = 1000105 Then begin
> print("Date = ", date);
> buy("test") at 79.87 Limit;
>end;
>if date = 1000106 then begin
> print("Date = ", date);
> print("1/6 Low = ", low);
>end;
>.......
>
>This is what prints:
>Date = 1000105.00
>Date = 1000106.00
>1/6 Low = 79.75
>
>This DOES NOT EXECUTE THE BUY.
>
>I tested various numbers at the Limit price. The lowest one that will
>buy is 79.99.
>
>Is this a bug?
>
>Chris
>
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