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OmniTrader 2014 Technical Support
Problem with Daily Forming Bars
22 replies, 2540 viewings
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OmniTrader Archives
OmniTrader 2014 Technical Support
Problem with Daily Forming Bars
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Last Activity 5/29/2020 5:49 PM 22 replies, 2540 viewings |
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Vinay Elite    Posts: 640 Joined: 12/9/2011 Location: Planet Earth  User Profile |
In order to execute MOC entries, I subscribed to eSignal RT Datafeed which I intended to run around 20 minutes before market close and take MOC entries just before market close. First I created a RT Profile with only two Data periods of 15 min and Daily with Voting enabled on Daily. But the problem with RT Profile is that we can not "force" it to analyze all Symbols at our will. For "Forming Daily Bar" it waits till the completion of the Bar. I am aware of the option available in the "Test Settings" of ToDoList which enables analysis on "Forming Daily Bar" at every 30 minutes, but unfortunately that doesn't corresponds with the time I want analysis to run. In view of the above problem I tried a "Test Profile" which could be made to analyse at our will. Yesterday Initially it seemed to work as intended on Forming Daily Bars. Unfortunately today the Test Profile loads and analyses Daily Data only up to yesterday's close as if today's Data does not exists. However it perfectly runs 15 min Bars.Same is the case with RT profile. Only difference is that it shows just a Dot for today's Daily Data. Just like Test Profile the 15 Bars works perfectly. I tried changing every settings in the "Data Settings" and "Data Periods" without any benefit. The only change between yesterday and today was that I installed PR2O. I am not sure whether this problem is related to that. Having exhausted all options I could think of I uninstalled OT2014, deleted OT2014 folder and reinstalled it, but the problem is still there. Please guide me what else I can do to fix the problem. [Edited by Vinay on 8/12/2014 9:35 AM] | ||
| Jim Dean Sage   Posts: 3022 Joined: 9/21/2006 Location: L'ville, GA User Profile |
I'm not sure I understand all the details but here are some pointers: 1. If you are trading EOD bars, MOC is available. It's not avail for RT bars, which only allow market, Boo, StopMarket, and (currently unreliable) Limit orders. 2. test profile is not very useful for actual trading, and has largely been replaced by recent EOD improvement-revisions in 2014 3. You can get 20min delay EOD data any time during the day. The basic issue is that OT (RT) is designed to recognize that a bar is truly complete at the inception of the next bar. There are quite a few somewhat confusion nuances to it. [Edited by Jim Dean on 8/12/2014 9:47 AM] | ||
| Vinay Elite Posts: 640 Joined: 12/9/2011 Location: Planet Earth User Profile |
1. I want to take MOC entries after doing analysis on Daily (Forming) Bars. I subscribed to eSignal RT Datafeed just to avoid the 20 min delay which is normal in EOD feeds. 2. I also tried the RT Data in EOD Profile feature added in OT2014, which also seems to work with 15min Bars, but not with Daily Bars. How are we supposed to go about if we want MOC entries on the Signals generated on Daily Bars? Thanks once again. [Edited by Vinay on 8/12/2014 10:09 AM] | ||
| Jim Dean Sage Posts: 3022 Joined: 9/21/2006 Location: L'ville, GA User Profile |
Aside from that, or from a fairly major rewrite of OT code, you can use RT daily bars with market or boo (bar on open). It's possible to write some complex custom code to do other things but the likely won't fit your need. Are you trying to trade totally manually, or through the brokerage interface, or use OPilot? | ||
| Vinay Elite Posts: 640 Joined: 12/9/2011 Location: Planet Earth User Profile |
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| Jim Dean Sage Posts: 3022 Joined: 9/21/2006 Location: L'ville, GA User Profile |
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| Vinay Elite Posts: 640 Joined: 12/9/2011 Location: Planet Earth User Profile |
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| Barry Cohen Sage  Posts: 6338 Joined: 1/19/2004 User Profile |
If your realtime & EOD data service is the same feed... Click Edit -> Data Settings -> Advanced. In the Service tab under First, make sure that eSignal is selected as well as End-of-Day & Intraday. In the Second tab, Service should be set to None. | ||
| Vinay Elite Posts: 640 Joined: 12/9/2011 Location: Planet Earth User Profile |
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| Jim Dean Sage Posts: 3022 Joined: 9/21/2006 Location: L'ville, GA User Profile |
I forgot that now you can now download intraday into EOD profiles. My guess is that in an EOD profile, a "daily bar" might be 20 min delay. BUT - if you have RT feed avail, you probably can Substitute a 390 min bar to echo the daily bar. And, better yet - solving your whole MOC issue neatly - Define your RT-fed EOD profile to use 370 (three hundred seventy) minute bars - this will mean that an MOC order will process at 3:40 pm EST (20 min before market close). This is cool - wish I'd thot of it earlier. | ||
| Vinay Elite Posts: 640 Joined: 12/9/2011 Location: Planet Earth User Profile |
Regarding your advice that we should not use Test Profile for trading is well taken, but I tried to use that only because the RT Profile was not working properly with daily bars. The situation with RT time frames in EOD profile is not different. It also shows 15 min bars correctly but not the daily bars. | ||
| Jim Dean Sage Posts: 3022 Joined: 9/21/2006 Location: L'ville, GA User Profile |
So, I'll wish you the best of luck with this one and bow out of the kitchen. :-) | ||
| Jim Dean Sage Posts: 3022 Joined: 9/21/2006 Location: L'ville, GA User Profile |
[Edited by Jim Dean on 8/14/2014 12:42 PM] | ||
| Barry Cohen Sage Posts: 6338 Joined: 1/19/2004 User Profile |
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| Vinay Elite Posts: 640 Joined: 12/9/2011 Location: Planet Earth User Profile |
Thanks once again. | ||
| Vinay Elite Posts: 640 Joined: 12/9/2011 Location: Planet Earth User Profile |
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| Vinay Elite Posts: 640 Joined: 12/9/2011 Location: Planet Earth User Profile |
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| mitta Member Posts: 21 Joined: 7/6/2009 User Profile |
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| Vinay Elite Posts: 640 Joined: 12/9/2011 Location: Planet Earth User Profile |
One thing I forgot to mention that before 8th March when Daylight Saving Time came into force in US this issue was present for the first 1 hour & 15 minutes. But after 8th March when DST came into effect as a result the Eastern & Central Time advanced by 1 hour, my Daily Forming Bar problem also advanced by 1 hour. Instead of 10.30 IST (Indian Standard Time) as was the case earlier now this problem disappears after 9.30 IST (i.e. 15 minutes after market open as against 1hour 15 minutes earlier). So it appears that this problem has some connection to the U.S. time. I suspect it has some connection to Eastern Time because this problem goes away as soon as the Eastern Time crosses 12 midnight (when the date advances to match Indian date). [Edited by Vinay on 7/21/2015 6:44 AM] | ||
| Jim Dean Sage Posts: 3022 Joined: 9/21/2006 Location: L'ville, GA User Profile |
To resolve any question as to whether this is related to ESig or not, why not ask N Sales for a free one month subscription to OmniData RT and see if the problem goes away or not (albeit for different symbols :) Or, if it's avail in your area, maybe try DTN/IQ Knowing that might help N to diagnose and fix the problem. [Edited by Jim Dean on 7/21/2015 6:59 AM] | ||
| mitta Member Posts: 21 Joined: 7/6/2009 User Profile |
Vinay, sorry to say but part of the problem that I earlier had mentioned is Esignal driven [Edited by mitta on 7/21/2015 4:25 PM] | ||
| Barry Cohen Sage Posts: 6338 Joined: 1/19/2004 User Profile |
Vinay, we did improve it as you know, but it's not quite there yet. I'll let you know when we have fix for you to try. | ||
| Vinay Elite Posts: 640 Joined: 12/9/2011 Location: Planet Earth User Profile |
Thanks Barry for your support. Appreciate very much. [Edited by Vinay on 7/22/2015 1:22 AM] |
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