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In most instances I'd agree with you on this, TeeTee Man. But to be fair,
in this case he was just playing the odds...such as they are.
Kent
----- Original Message -----
From: <the_omega_man@xxxxxxxxxxxx>
To: "Omega List" <omega-list@xxxxxxxxxx>
Sent: Saturday, June 30, 2001 11:59 PM
Subject: Re: Limit order works correctly in TS2K
I now understand what it is that bothers me so much about these jokers who
cry "Bug!" whenever they don't understand something. It isn't just that
they fail to do their homework, or that they're incorrect in their bug
accusation.
It's that you can't believe a word they say. They cry "Bug!" and, lo and
behold, when they figure things out they end up eating their words... It's
a credibility issue.
OM
>----- Original Message -----
>From: "Chris McMurry" <chrismcmurry@xxxxxxxx>
>To: "Omega Research Mailing List" <omega-list@xxxxxxxxxx>
>Sent: Saturday, June 30, 2001 5:09 PM
>Subject: Re: Limit order bug in TS2K?
>
>
>> Thanks for your support. I thought that was what this list was
>for--providing
>> a forum in which users could share information and help each other.
>>
>> I figured this problem out, I believe. The default setting for the
>"min
>move"
>> in the Symbol Universe was set to 125 instead of 0.125. When I changed
>it
>the
>> limit buy worked as expected.
>>
>> Chris
>>
>> Jim Bronke wrote:
>>
>> > Well Mr Omega Man if you don't have anything positive to say, don't
>say
>> > anything and do that for the sake of this list. This list is really
>about
>> > people helping each other. you could have simply just referred him
>to a
>> > book. Perhaps a book that you may have written. He is not desrving
>of
>such
>> > treatment. He was enquiring as to whether it was a bug.
>> > I have come across that Limit order problem myself and just haven't
>had
>the
>> > time to research it. I do know that the code has to do something
>special
>to
>> > be looking at the next bar of data to acknowledge that there is
>an
>entry.
>> >
>> > Jim Bronke
>> > Phoenix, AZ
>> >
>> > ----- Original Message -----
>> > From: <the_omega_man@xxxxxxxxxxxx>
>> > To: "Omega List" <omega-list@xxxxxxxxxx>
>> > Sent: Saturday, June 30, 2001 10:40 AM
>> > 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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