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Re: Metastock and market depth?



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You best bet is to do some OLE links between MS and Excel. This will
give you an idea about the capabilities of the OLE link.
Harley
Pugsley, Craig wrote:

> Hi,
> Thanks to all those who replied to my question.
> It seems putting in the data every 5 minutes would emulate a real time
>
> version, but with the "false date" problem.
> Surely MS can have the volume of shares (ie total number of shares
> bought/sold that day) as part of the data?
> (I'm not quite sure why I would need to do this yet, but was wondering
>
> about the capabilities of MS.)
>
> Thanks again,
> Craig.
>
> PS.. I'm still getting used to the terminology so pls excuse any
> apparently stupid questions :-(
>  ----------
> >From: Richard Estes
> >To: meyer@xxxxxxxxxxx
> >Cc: Pugsley, Craig; Metastock-list@xxxxxxxxxxxxx
> >Subject: Re: Metastock and market depth?
> >Date: Monday, 22 December 1997 5:51PM
> >
> >
> >Close data only eliminates a vast majority of the indicators, I use.
> The
> >lack of time values would throw you for a loop. At 96 data points per
>
> day
> >with 5 min data, you would quickly get to year 2000. As you say "it
> is
> not
> >worth it. It is more of a novelty." But since the program seems to
> react to
> >dates like what to load, what to display, I can't picture what you
> would
> >get. I don't need it.
> >
> >But the answer to our friend downunder remains, no it is a end of day
>
> >program not real time.
> >
> >Richard Estes
> > -----Original Message-----
> >From: Harley Meyer <meyer@xxxxxxxxxxx>
> >To: Richard Estes <restes@xxxxxxxxx>
> >Cc: Pugsley, Craig <CPugsley@xxxxxxxxxxxxxxxxxxxxxxx>;
> >Metastock-list@xxxxxxxxxxxxx <Metastock-list@xxxxxxxxxxxxx>
> >Date: Monday, December 22, 1997 12:31 AM
> >Subject: Re: Metastock and market depth?
> >
> >
> >>MS6.5 will handle any single link, like close or tick, etc. It will
> not
> >>handle open,high,low,close for a bar chart or candlesticks.
> >>Think of date or time as more of a place holder that is unimportant.
>
> If
> >>you OLE 5 minute close into MS you get a line that updates as long
> as
> >>Excel updates. Even though at the bottom of the original window you
> >>would have days. The OLE is independent and will be in 5 min
> intervals
> >>for this example.
> >>You can use any indicator that would use the close. Like Bollinger
> >>bands, etc.
> >>There is not much to show as far as a chart. It looks just like any
> >>other line that gets plotted in MS.
> >>
> >>I hope this answered your question. I have used this occasionally
> for
> >>charting. The only draw back is having to have Excel open and we all
>
> >>know that you starting opening too many applications and the
> computer
> >>will run out of memory. CRASH. I have a Pentium Laptop with 40 megs
> of
> >>ram. Also you can't use bars or candlesticks in RT so it is not
> worth
> >>it. It is more of a novelty.
> >>
> >>I will say though when Equis releases the MS RT version it should be
>
> >>pretty neat since the Expert Adviser can be used in RT as well.
> >>
> >>If a person just wants the analyze intraday data, they could import
> it
> >>through the downloader as well. Forget about the data in terms of
> >>usefulness make up a data and just remember it is in 1 minute
> intervals.
> >>You can compress it once it is in MS.
> >>
> >>Harley
> >>Richard Estes wrote:
> >>
> >>> Can you? you mean I can take RT 5 minute  or tick data and put it
> in
> >>> MSWIN
> >>> and be able to use it? Do you have a chart you can show, I would
> like
> >>> to see
> >>> that. How does date function work?
> >>> Richard Estes
> >>> -----Original Message-----
> >>> From: Harley Meyer <meyer@xxxxxxxxxxx>
> >>> To: Pugsley, Craig <CPugsley@xxxxxxxxxxxxxxxxxxxxxxx>
> >>> Cc: Metastock-list@xxxxxxxxxxxxx <Metastock-list@xxxxxxxxxxxxx>
> >>> Date: Sunday, December 21, 1997 11:19 PM
> >>> Subject: Re: Metastock and market depth?
> >>>
> >>> >If you have MS 6.5 and Microsoft Excel you can OLE link any type
> of
> >>> data
> >>> >into MS.
> >>> >Harley
> >>> >Pugsley, Craig wrote:
> >>> >
> >>> >> Hello Again,
> >>> >> Can someone please help me out with this question..
> >>> >>
> >>> >> >I am wondering if Metastock is capable of using market depth..
>
> >>> >> >i.e. each individual transaction during a day's trading at the
>
> >>> stock
> >>> >> >exchange,
> >>> >> >or is the "depth" limited to the volume of shares traded that
> day?
> >>>
> >>> >> Thanks,
> >>> >> Craig.
> >>> >
> >>> >
> >>> >
> >>
> >>
> >>
> >