Search found 56 matches

by TrendMonkey
Fri Oct 21, 2005 1:10 pm
Forum: Stocks
Topic: Market Price
Replies: 0
Views: 3639

Market Price

I have always wondered this. For stocks that are (a) thinly traded and (b) managed by a single Specialist or Market Maker (eg. lots of stocks on Toronto), what determines the market price when the floor gets a market order and there are no orders on the other side or in the limit order book? What pr...
by TrendMonkey
Tue Oct 18, 2005 6:54 pm
Forum: Testing and Simulation
Topic: MetaStock Format
Replies: 7
Views: 4602

I do indeed. Awesome, thanks very much!
by TrendMonkey
Tue Oct 18, 2005 10:24 am
Forum: Testing and Simulation
Topic: MetaStock Format
Replies: 7
Views: 4602

MetaStock Format

Does anyone know where one can find the details of MetaStock's file format? (Eg. the information required to write code to parse it). So many vendors (including TBB) support it, that I assume its readily available, but I couldn't find it on Google...
by TrendMonkey
Tue Oct 04, 2005 10:11 am
Forum: Testing and Simulation
Topic: be in a dilemma for trading futures?
Replies: 3
Views: 3148

I am really not qualified to comment on any of your questions/comments, but these guys live breathe & eat this kind of stuff.

http://www.csidata.com/techjournal/index.html
by TrendMonkey
Mon Oct 03, 2005 4:48 pm
Forum: Testing and Simulation
Topic: be in a dilemma for trading futures?
Replies: 3
Views: 3148

[moderator edit] Yoyo, CSI's web site has a bunch of so-called technical journals where the founder, Bob Pelletier, talks at length (at GREAT length, some might say) about the approaches and dangers of creating continuous contracts. They are free and you could start there, but be careful, it's a bit...
by TrendMonkey
Sat Oct 01, 2005 9:16 am
Forum: Testing Software
Topic: STARTING FROM SCRATCH IN BACKTESTING
Replies: 14
Views: 9924

I just started experimenting with it so I am nowhere near qualified to respond, but I'll give it a shot anyway. For such an incredibly simple system I dont believe you need ANY parameters or indicators. Parameters would be required if you wanted to test different permutations of days - eg. Mon/Wed, ...
by TrendMonkey
Tue Sep 20, 2005 11:48 pm
Forum: Testing and Simulation
Topic: "Back-adjusted" data experts please....how could I
Replies: 3
Views: 2744

Go ahead and correct me if I'm wrong but isn't CSI limited to end of day data? I just flipped thru my UA manual and it implies this to be the case.
by TrendMonkey
Thu Aug 04, 2005 4:18 pm
Forum: Money Management
Topic: Larry Hite on "why a high % of speculators lose money ?
Replies: 9
Views: 9981

That is an amusing analogy, I have often thought all the trading discipline stuff bears a lot of parallels to weight loss. They both sound easy and anyone ought to be able to do them with their eyes closed, and they both are prone to periods of discouraging results.
by TrendMonkey
Thu Aug 04, 2005 9:22 am
Forum: Money Management
Topic: Larry Hite on "why a high % of speculators lose money ?
Replies: 9
Views: 9981

Isn't that like saying that people are fat because they eat too much? (In other words, isn't this obvious?)

Anyway, if I am not mistaken, cutting losses at 50% is NOT the opposite of letting profits double. I have lots of stocks that are up 50% but none that are up double, which would be 100%.
by TrendMonkey
Wed Jul 20, 2005 11:46 am
Forum: Testing and Simulation
Topic: Adjusted Prices
Replies: 11
Views: 5355

Thanks for the feedback, all. This whole topic of backadjusting data really bothers me, I really need to invest more energy in understanding it before I can be comfortable. Thanks again.
by TrendMonkey
Tue Jul 19, 2005 11:50 am
Forum: Testing and Simulation
Topic: Adjusted Prices
Replies: 11
Views: 5355

I'm not questioning the negative prices. I'm questioning the 50% range between Hi and Lo. It's interesting that the difference in CENTS is the same as Pinnacle's, but I can't believe VeriTrader (and any other software) would not get screwed up by gross distortions in the relationship of OHLC.
by TrendMonkey
Tue Jul 19, 2005 1:45 am
Forum: Testing and Simulation
Topic: Adjusted Prices
Replies: 11
Views: 5355

Thanks TK... I find that all very disturbing, though! I will confirm that this anomaly, if that's what it is, exists in my own (non-VeriTrader) generated CSI data and if so ask them to explain it.
by TrendMonkey
Mon Jul 18, 2005 2:39 am
Forum: Testing and Simulation
Topic: Adjusted Prices
Replies: 11
Views: 5355

Adjusted Prices

This is a line copied from the CL price file that comes with VeriTrader. 19960105, -0.82, -0.61, -0.92, -0.63, 85001, 387329 Now, I realize there's a lot of complicated math that goes into CSI's algorithms, but at the end of the day, isn't this implying that on this day Crude fluctuated by 50%, whic...
by TrendMonkey
Thu Jul 14, 2005 8:39 pm
Forum: Testing and Simulation
Topic: CSI: Toronto
Replies: 1
Views: 1718

Clarification, when I said 'someone from there' I meant someone who implied they traded Toronto regularly.
by TrendMonkey
Thu Jul 14, 2005 8:38 pm
Forum: Testing and Simulation
Topic: CSI: Toronto
Replies: 1
Views: 1718

CSI: Toronto

Can anyone here testify to the quality of CSI's data for Toronto (the TSX)? I <b>know</b> I've seen regular posts here from someone from there, but I can't recall who it was. CSI themselves said they covered "<b>almost</b> all Toronto stocks".
by TrendMonkey
Thu Jul 14, 2005 8:34 pm
Forum: Testing and Simulation
Topic: Requirements before buying backtester software
Replies: 10
Views: 6531

I'm not going to besmirch TBB in any way shape or form but, well, Corn doesn't have a web site promising that every ear will be sweet and perfect and that Corn 2.0 will have husks made of pure gold. By which I mean to say, personally, I think some hostility towards systems vendors in general might b...
by TrendMonkey
Thu Jul 14, 2005 9:38 am
Forum: Testing and Simulation
Topic: Requirements before buying backtester software
Replies: 10
Views: 6531

That's good advice, I hope someone from TBB comments, because my mental finger has been hovering over the Buy button for a while now, but I can't quite bring myself to click... Incidentally, having gone through many vendors' web sites in the last couple weeks, without mentioning names, I'd like to c...
by TrendMonkey
Mon Jul 11, 2005 9:31 pm
Forum: Testing Software
Topic: OmniTrader
Replies: 8
Views: 6623

OmniTrader

Any thoughts on this product, anyone? From their web site, it seems to have quite a different purpose from VT/TBB... an automated stock picker, not a strategy tester. My guess is its biggest flaw is that its probably untestable. An acquaintance swears by it, so I thought I'd run it up the TTS flagpo...
by TrendMonkey
Mon Jul 11, 2005 10:42 am
Forum: Custom C++ or Java Platforms
Topic: Yet another ATS platform (Erlang)
Replies: 7
Views: 7370

Sorry if I sounded like a prick, I have just seen way too many techno enthusiasts who think nothing of spending weeks architecting the coolest inheritance hierarchy but can't bring themselves to spend 5 minutes understanding the difference between a MA and an EMA. I think the two biggest decisions y...
by TrendMonkey
Fri Jul 08, 2005 11:25 am
Forum: Custom C++ or Java Platforms
Topic: Yet another ATS platform (Erlang)
Replies: 7
Views: 7370

Talking about specific languages, databases, uptimes, nodes, etc. isn't going to impress anyone here and suggest your interest lies on the programming side, not the trading side. We want to hear people talk about indicators, ways of measuring drawdown, ways of expressing rules, etc.