[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

RE: Re[4]: LOOK inside Bar order entry



PureBytes Links

Trading Reference Links

Pierre,

I like the concept of PFO of having a portfolio of indicator strategies
working from RadarScreen.
Can you expand a little bit more on how PFO is implemented in EasyLanguage?
Do you haw a version that runs on ProSuite2000i RadarScreen?
The latter is crucial for me, since - like most users of ProSuite 2000i -
I am not keen being dependent on the later, online versions of the software.

Rgds
Charles


-----Original Message-----
From: Pierre Orphelin [mailto:pierre.orphelin@xxxxxxx]
Sent: Thursday, September 09, 2004 6:45 AM
To: Michael King
Cc: Omega-List
Subject: Re[4]: LOOK inside Bar order entry




Thursday, September 9, 2004, 6:00:21 AM, you wrote:

MK> Jimmy,

MK> At the moment I use pushpop to push all the indicators to a small tick
MK> frame.
MK> This is messy and time consuming.

MK> PushPop is a great program for sharing tick data streams on the same
chart.
MK> I'm Glad some one told me about it when I asked.

MK> If any of you guys come across a program that does Order Entry intrabar
MK> please let me know, and I be Glad about that too.

MK> Kind Regards.

-------------------------------------------------

This  one does it without any problem. Like pushpop, but with RadarScreen as
the
master  strategy  window  (  the system runs in RadarScreen and is executed
in a
tick chart where you can write anything additional you want).

http://www.sirtrade.com/pfo.htm

Excerpt from the user manual:




6- PFO_Execute RadarScreen Strategy

How it works

The tick chart is automatically linked to the RadarScreen line where the PFO
Strategy indicator is running.
You only have to pay attention to the RS window name (Pagename) and
pageNumber.
Both should match the PFO Strategy PageName and RS_ Select page number in
the PFO Execute strategy running in the tick chart.

The advantages are multiple:
First you can run a strategy fired in RadarScreen and add additional
conditions in the linked tick charts.
Second, you may fire stop limit orders that are impossible to run in
TradeStation.
The stop is virtually generated in RadarScreen and the information is passed
to the appropriate tick chart as soon as available where the limit order is
placed once the stop hit in RadarScreen

Note that you could also generate limit stop orders too (where the limit
order is virtually fired in RadarScreen and the stop order is fired for real
from the tick chart.

You may also devise a trailing entry in the tick chart to improve the limit
entry price. All of this only need a modification of the RS Execute strategy
code, in the section where orders are  placed.

The information passed from RadarScreen to  the linked tick chart  is:

Lastposition : This is the latest RadarSceen position
openpos    : This is the current open position value
nbcontracts : This is the number of  contracts ( or shares) calculated in
RadarScreen
tradeval          : This is the latest entryprice in RadarScreen


Rgds

Pierre Orphelin
www.sirtrade.com