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Introducing OwnData 2 OVERVIEW OwnData 2 is the second generation of unique software that allows you to use third party data in TradeStation 8.1 and thus opens brand new possibilities for your trading. Previously you were limited to the data provided by TradeStation Securities servers. Now OwnData 2 opens eSignal, Interactive Brokers (IB), Patsystems (J-Trader), TradeStation 2000i GlobalServer, ASCII (plain text), Universal DDE, Tenfore, Free Quotes and other data sources to you (read more about supported data feeds). OwnData 2 is developed from the scratch considering the user input, the issues and limitations of the first generation. The most demanding reliability and functionality requirements were met without sacrificing user-friendliness. Even if you're content with the data provided by TradeStation Securities, we recommend OwnData 2, as it will allow you to import ASCII (plain text) files to native TradeStation data or give you a backup in case of any problems with TradeStation Securities feed. Using OwnData 2 significantly decreases the risks of interrupting the trading system's work and receiving faulty data. The program allows access to completely new trading securities and opens new analysis possibilities. Deep integration with TradeStation 8.1 provides for effective and user-friendly handling. OwnData 2 solves a number of principal problems associated with using TradeStation 8.1: Impossibility to use any ASCII data for analysis Incomplete trading markets coverage. Lack of Canadian, Asian, African, European and other markets Lack of a backup data vendor if there's an interruption of real-time quotes Plotting charts on the basis of Bid or Ask not supported Synthetic symbols creation for subsequent use in TradeStation 8.1 not supported FEATURES

Introducing OwnData 2Introducing OwnData 2 OVERVIEW OwnData 2 is the second generation of unique software that allows you to use third party data in TradeStation 8.1 and thus opens

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IntroducingOwnData2OVERVIEW

OwnData2isthesecondgenerationofuniquesoftwarethatallowsyoutousethirdpartydatainTradeStation8.1andthusopensbrandnewpossibilitiesforyourtrading.PreviouslyyouwerelimitedtothedataprovidedbyTradeStationSecuritiesservers.NowOwnData2openseSignal,InteractiveBrokers(IB),Patsystems(J-Trader),TradeStation2000iGlobalServer,ASCII(plaintext),UniversalDDE,Tenfore,FreeQuotesandotherdatasourcestoyou(readmoreaboutsupporteddatafeeds).OwnData2isdevelopedfromthescratchconsideringtheuserinput,theissuesandlimitationsofthefirstgeneration.Themostdemandingreliabilityandfunctionalityrequirementsweremetwithoutsacrificinguser-friendliness.

Evenifyou'recontentwiththedataprovidedbyTradeStationSecurities,werecommendOwnData2,asitwillallowyoutoimportASCII(plaintext)filestonativeTradeStationdataorgiveyouabackupincaseofanyproblemswithTradeStationSecuritiesfeed.UsingOwnData2significantlydecreasestherisksofinterruptingthetradingsystem'sworkandreceivingfaultydata.Theprogramallowsaccesstocompletelynewtradingsecuritiesandopensnewanalysispossibilities.DeepintegrationwithTradeStation8.1providesforeffectiveanduser-friendlyhandling.

OwnData2solvesanumberofprincipalproblemsassociatedwithusingTradeStation8.1:

ImpossibilitytouseanyASCIIdataforanalysis

Incompletetradingmarketscoverage.LackofCanadian,Asian,African,Europeanandothermarkets

Lackofabackupdatavendorifthere'saninterruptionofreal-timequotes

PlottingchartsonthebasisofBidorAsknotsupported

SyntheticsymbolscreationforsubsequentuseinTradeStation8.1notsupported

FEATURES

Improvedstability,userinterfaceandcompatibilitywithTradeStation8.1(build2811),simpleinstallation,automaticswitchtonewTS8builds

Supporteddatasources:eSignal,InteractiveBrokers,Patsystems(J-Trader),TradeStation2000iGlobalServer,TradeStationSecurities,Tenfore,FreeQuotes(yahoo.com,msn.com,quote.com,prophetfinance.com),UniversalDDE(20predefinedtemplates),ASCII(plaintext).Newdatasourcescanbeconnectedonyourdemand.Please,sendarequesttoreceivefurtherinformationconcerningtheOwnData2APIfordevelopers

Alocalquotemanagementsystemfordatastorageandrapidaccesstoit.Allthedataisstoredinthelocaldatabase,soyoudon'tneedtodownloaditoverandoveragain.Also,QuoteManagerallowsyoutousethereceiveddatainofflinemode

DataEdithelpsyoufixbadticksoraddquoteswithafewclicks

NewadvancedimportofASCIIdataintosymbolsofanydatafeeds.Automaticrecognizingofmostknownformats,highperformanceandsupportformultigigabytefiles.TradeStation8.1usersareabletocombinenativeand3rdpartyASCIIdata

ChartsfromdifferentdatasourcescanbeusedinthesameChartAnalysisWindow

DataSampling.Automaticcreationofminutesfromticks,daysfromminutes,etc.

AsimplifiedsystemofqueriescreationinTradeStation8.1.Theselectionofthedesiredsymbolanddataproviderisdeterminedbythesymbolnameandprefix.Forinstance,aqueryforIB:MSFTwillreturnrealtimedatafromInteractiveBrokers

RegisteringOwnData2Forcopyrightprotectionreasons,registrationisrequiredforbothfullandtrialversions.Theuniquehardwarefingerprintinformationofyoursystemwillbeusedtogeneratethesoftwarekey.

Toregister,pleasedothefollowing:

1. ClickStartontheWindowsTaskbar.

2. SelectPrograms.

3. SelectOwnData2.

4. SelectRegistration.

5. EnteravalidUsername.

6. Enteravalide-mail.

7. ClickRegister.

8. [email protected].

9. ReceiveafilenamedOwnData2.TSSKeyfileinreply.

10. ClickUnlock.

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CreatingTradeStationChart1. Makesuretheprogramisregistered.SeetheRegisteringOwnData

2sectionformoredetailedinformation.2. AddthesymbolforwhichthechartiscreatedtoQuoteManager,see

theAddingSymbol(s)toSymbolListsectionformoredetailedinformation.

3. Checkthatthesymolsettingsarevalid,seetheEditingSymbolsectionformoredetailedinformation.

4. LaunchTradeStation8.1.BothOnlineandOfflinemodesarepermitted.

5. ClickNewChartAnalysisWindow.6. IntheFormatmenu,clickSymbol.7. IntheFormatSymboldialogindicatethenameofthesymboltobe

charted,thiscanbedoneintwoways:

Manually

UsingLookup

8. IndicateFirstDateandLastDatewhenqueryingfordata,thismakesforthefasterresponse.UsingBarsBackthereplymighttakeseveraltimeaslong.

UnderstandingQuoteManagerQuoteManagerisatoolformanagingthedatabase.

Itsmainfunctionsinclude:

DisplayingandeditingtheSymbollist,Exchange\ECNlist,Holidaylist,DataSourcelist

Rapidsearchandeditingthenecessaryinformation

ReceivingtheSymbollistondemandfromdatavendorsthatsupportthismodeoraddingsymbolsmanually

Editingthesymbolnamedatabaseandassociatedsettings

editingdata

Importing3rdpartydata

MappingASCIIfiles

Connectingadditionaldatavendors

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WorkingwithSymbolListSymbolListisalistofsecuritiestheinvestorcommonlyuses.Modern-dayinvestorsneedeasyaccesstoanyofthetradingvehicles.QMhasbeendevelopedbasedonthoseneeds,thebasicrequirementsbeing:

Theprogrammustfunctionwithnumbersofsymbolsintensofthousands

Rapiddataaccess,whichmeanspowerfulsearch,sortingandselectioncapabilities

Convenientdataaddingandediting

Simplebackupsanddatarestoring

Minimalstartupandmaintenanceeffort

AddingSymbol(s)toSymbolList

SelectingSymbol(s)inSymbollist

DeletingSymbol(s)fromtheSymbolList

SortingtheSymbolList

FindingSymbol(s)inSymbolList

CustomizingtheSymbolList

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WorkingwithExchanges&ECNsThistoolallowsadding/removingExchanges/ECNsandeditingtheirparameters.TheExchanges/ECNsparametersareinheritedbythesymbols,sothebetteraretheExchanges/ECNstunedin,thehigherwillbetheoverallqualityofthesystemperformance.SometimestheExchange/ECNsettingsaren'tthesameforallthesymbolstradedonagivenExchange/ECN.Sotheuserisabletoeditsettingsonasymbol-by-symbolbasis,althoughinthemajorityofcasestheExchange/ECNsettingsareexactlythesameastheindividualsymbolsettings.

AddinganExchange/ECN

RemovingExchange/ECN

EditingtheExchange/ECN

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WorkingwithCustomSessionTemplatesThistoolallowscreatingtemplatesforrapidaccesstothesessionconfigurations.Thisisespeciallyusefulfornon-standardsessionsusedwithseveralsymbols.Createatemplateonceandactivateitforthedesiredsymbolwithjustafewclicks.

AddingSessionTemplates

EditingaSessionTemplates

DeletingSessionTemplates

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WorkingwithDataSourcesThistoolisusedformanagingdatasources.Itallowsadding/removingdatasources,editingtheirsettings,namesandabbreviations,receivingdatasourceinformation,theirstatesandversions.

AddingDataSources

ActivatingDataSources

DeactivatingDataSources

ConfiguringDataSources

CloningDataSources

EditingDataSources

DeletingDataSources

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CollectingDataTheprogramprovidesoptimalperformancewithvariousdatafeeds.Itsbehaviordependsonthedatafeedconnected;thereexistthreekindsofdatafeeds-datafeedsthatprovidereal-timeonly,datafeedsthatprovidebothhistoryandreal-timeanddatafeedsthatprovidehistoryonly.Seethetableformoredetailedinformationondatafeeds.Theprogram'sbehaviordependingonthedatafeedtypeisdescribedbelow:

Datafeedprovidesreal-timeonly

Datafeedprovidesbothhistoryandreal-time

Datafeedprovidesonlyhistorydata

Built-InDataSources

DataSource Price* Real-Time History SymbolListeSignal $49/month

andhigherYes Tick-by-tick

10daysback,minutebars60daysback,dailybars10yearsback

Yes

InteractiveBrokers Freeforcustomers

Yes Second,minuteordailybars6monthback

Yes

Patsystems(J-Trader) Freeforcustomers

Yes No Yes

GlobalServer PricedependsonGlobalServer'sdatasource

Yes Unlimited Yes

TradeStation8.1 $99.95/monthandhigher

Yes Tick-by-tick30daysback,minutebars20yearsback,dailybars45yearsback

Yes

ASCII Mostlyfree.Pricedependsondatasource.

No Tick-by-tick,1minute,dailyupto

No

7Gbfilesize

UniversalDDE** Mostlyfree.Pricedependsondatasource.

Yes No No

IQFeed $50/monthandhigher

Yes Tick-by-tick8daysback,minutebars120daysback,1000dailybars,500weeklybars

Yes

MarketCast N/A Yes No Yes

Tenfore N/A Yes Yes No

FreeQuotes N/A No Yes No

MetaStock N/A No Yes Yes

*Plusapplicableexchangefeesandtaxes.Thepricespresentedinthetablearesubjecttochangefromtimetotime.Wedon'tguaranteetheaccuracyofthepresentedinformation.

**Morethan20predefinedtemplatesareavailable:Bloomberg,CAITs.c.,FAINEX,FXCM,GLTrade,HiSat,Infobolsa.de(BOVESPAAVISTA),Infobolsa.de(BOVESPAOPEOESCOMPRA),Infobolsa.de(EUREXFutures),Infobolsa.de(FUTURESBM&F;),Infobolsa.de(XETRA),IQLINK,MetaTrader,QLink,QuoteSpeed,Reuters,TaipanRealtime,Tradexpert.

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eSignalOneoftheleadingprofessionaldatavendors.Thecompanyhasbeenworkinginthefinancialinformationareafordecades,constantlyimprovingitsservices.Theprogramperformanceandstabilityisthebestwiththisdatavendor.ClickheretosubscribetoeSignalataspecialprice.

Pro ConAffordableprice Notenoughhistorydata

Widestcoverage Nohistorydataforoptions

HighreliabilityNocontinuouscontractsfor

internationalmarkets

Featuresandlimitations

Settingup

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InteractiveBrokersOneoftheleadingelectronicbrokers.Gainedimmensefamewithitshighquality,affordablepricesandsupportingtradingonmanyexchangesworldwide.

Pro ConFreequotes Averagestability

Featuresandlimitations

Settingup

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Patsystems(J-Trader)Awell-knownsystemusedbymanybrokers.

Pro Con

FreequotesNo

historydata

Featuresandlimitations

Settingup

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GlobalServerOmegaResearchTradeStation2000ihasbeentheleadingprogramforyears.NosurprisethathundredsofdatasourceswereintegratedintoGlobalServer.WethinkthatOwnData2willbemostusefultoallusersofTradeStation2000iwishingtousealltheadvantagesofTradeStation8.1'snewfeatures.

Pro ConA

ready-to-worksystemalready

inplace

None

Featuresandlimitations

Settingup

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TradeStation8.1Thisdatasourceisofutmostimportanceifthere'saneedtoimportquotesinASCIIformatintoTradeStation8.1.Thisenablesdatatestingonimmensevolumesofdata.OwnData2servesasaproxythatinterceptsallqueriesfromTradeStation8.1,receivesdatafromTradeStationSecuritiesservers,analysesthemissingdataandfillsitfromthelocaldatabase.SotheprogramunitestheoriginaldatawithdataadditionallyimportedinQuoteManager.

Pro ConAdditionaldataimportsupported None

Featuresandlimitations

Settingup

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UniversalDDEDDE(DynamicDataExchange)isawidelyusedprotocolforexchangingdatabetweenapplicationsintheMSWindowsenvironment.Pleaseseethedeveloper'swebsiteformoredetailedinformationonDDE.

Pro ConWidestchoiceofdatasources Lackofhistoricalquotes

DatapreprocessingwithExcelorotherprograms

possible,additionalfeaturessuchasbadtickfilteringandcreatingsyntheticsymbols

Averagestabilityandperformance

Featuresandlimitations

Settingup

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IQFeedOneoftheleadingprofessionaldatavendors.Thecompanyhasbeenworkinginthefinancialinformationsince1984.IQFeedprovidestick-by-tickunfiltereddata,thusyouwillnotmissabout50%oftheactualtrades.

Pro ConAffordableprice Notenoughhistorydata

Unfiltereddata Insufficientcoverage

Featuresandlimitations

Settingup

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MarketCastMarketCastprovidesrealtimedatafortheAustralianmarkets.Informationcomestousersviathetelevisionsignal.

Pro ConAffordableprice Nohistoricaldata

Reliability Hardwarerequired

Featuresandlimitations

Settingup

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TenforeOneoftheleadingprofessionaldatavendors.Thecompanyhasover15years'experienceindeliveringinformation-basedsolutionsfortheglobalequities,derivativesandtreasurymarkets.

Pro ConGoodcoverage APIunreliability

Featuresandlimitations

Settingup

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FreeQuotesThequotesaredownloadedfromthefreeofchargerecourseswhatmakesitthemostcost-effectivesolutionforthosewhodon'tneedreal-timeinformation.Theprogramdownloadsminuteanddaydata.Alltherestresolutionsarebasedonthem.Minutedataisdelayedby20minutes.Astheserviceisfreeofchargeitsreliabilityandthequalityofquotesarelowerthanwiththeserviceprovidedbythecommercialdatavendors.

Pro ConFreequotes Lowreliability

Noinstallation

andconfiguration

Poordataquality

Featuresandlimitations

Settingup

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MetaStockMetaStockhasbeenoneoftheleadingprogramsforyears.ManyofdatasourcesprovidedataintheMetaStockformat.

Pro ConAready-to-worksystemalready

inplaceRealtimeunavailable

WidestcoverageNeedtohavethedataalreadyaccumulated

Abilitytouseexistingdata

fromMetaStockdatabase(from

QCharts,Reuters,eSignal

etc.)

65000barspersymbollimitation

Featuresandlimitations

Settingup

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WorkingwithHolidaysThistoolisusedtoindicatethedayswhentheexchangesdonotworktoavoidgapsonthecharts.Theholidaysaredividedintogroupssooneselectholidaysbynationorotherparameter.Sometimesitmakessensetogrouptheholidaysintonationalandinternationaltoavoiddouble-listing.Inothercasessortingholidaybycountriesmaybemoreconvenient.

AddingGroups

AddingHolidays

RemovingHolidays

RemovingGroups

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EditingSymbolEditSymbolallowschangingthefollowingparameters:Symbol,Description,ExchangeListed,Category,DataSource,ContractMonth,PriceScale,CUSIP,Root,Margin,ContractYear,ExpiationDate,ExpirationRule,ExpirationStatus,DailyLimit,Min.Movement,BigPointValue,StrikePrice,OptionType.

Editinganewsymbolparameters

Editinganexistingsymbolparameters

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ImportingDataTheprogramsupportsimportingfrommostknowntext(ASCII)files.Theprincipalrequirementforthefileisaclearstructure,dataintegrityandabsenceoflogicalerrors.

SeeInvalidASCIIfilessectionforinformationonthemostcommonfilefaults.

Theprogramisbasedonanalyzingseveralhundredsofquotefiles,mostinuniqueformats,whichservedasprinciplesforfilestructureanalysis.Despitesuccessfulautomaticrecognitionofover95%offiles,therearestillsituationsrequiringtheusertointerfere,mostlybecauseofimproperfilestructureoriftheprogramcannotmakeupaconclusiononitsstructure.

FormoreinformationonknownimportlimitationsseeASCIIImportLimitationssection.Pleasebecarefulwhenimportingfiles.

HowtoimportASCIIdata

InvalidASCIIfiles

ASCIIImportLimitations

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OnlineModeDataCollectionOnlinemodeallowstocollectdatawithoutanychartcreating.Theunlimitednumberofsymbolscanbeconnectedtoadatafeedandthereceivedquotesarestoredinthedatabase.

Thesymbol'sconnectionstatusaswellasthenumberofthequotesreceivedisdisplayedintheRealtimeStatuscolumn.

Connectingsymbols

Disconnectingsymbols

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MappingASCIISometimesimportingdatatothedatabaseisextremelycomplicatedoroutrightimpossible.InsuchacaseASCIImappingisthesolution;therearetwoprincipalreasonsforusingASCIImapping:

1.IfoneorseveralASCIIfilesconstantlyusedareperiodicallyupdated.Eveniftherearejustafewupdatesperday,re-importinghundredsofsymbolsisdifficultorjustnotfeasible;

2.Iftick/volumebarsmustbedisplayedonachart.

Whenmapping,thefilepathandformatisindicatedonce,andeverytimeachartiscreatedtheprogramfindsthefileautomatically,convertsitintothenecessaryformatbasedonthepresetconfigurationanddisplaysthedata.

HowtomapASCIIfiles

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ExportingDataThequotessavedinthestoragecanbeexportedtoatextfile(ASCII)andimportedintomostofexistingprograms.Theprogramallowstheusertospecifythenecessarydatacolumnsandtheirorderaswellasthestart/enddate/time.

Howtoexportdata

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EditingDataThistoolisnecessarytoreviewandeditdata.Ithelpsquicklyfindandcorrectthebadticksaswellasaddordeletenewdata.

OperatingwithData

AccessingEditDataWindow

ModifyingDataSettings

AddingNewData

InsertingNewData

DeletingData

FindingData

GoingtoData

SelectingAllQuotes