Download pdf - 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

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

mailto:[email protected]?subject=OwnData_Feed

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.

mailto:[email protected]

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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.

http://www.eSignal.com

http://www.InteractiveBrokers.com

http://www.PATSystems.com

http://www.TradeStation2000i.com

http://www.TradeStation.com

http://www.iqfeed.net

http://www.marketcast.com.au

http://www.tenfore.com

http://finance.yahoo.com

http://moneycentral.msn.com

http://quote.com

http://www.equis.com

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eSignalOneoftheleadingprofessionaldatavendors.Thecompanyhasbeenworkinginthefinancialinformationareafordecades,constantlyimprovingitsservices.Theprogramperformanceandstabilityisthebestwiththisdatavendor.ClickheretosubscribetoeSignalataspecialprice.

Pro ConAffordableprice Notenoughhistorydata

Widestcoverage Nohistorydataforoptions

HighreliabilityNocontinuouscontractsfor

internationalmarkets

Featuresandlimitations

Settingup

https://secure.esignal.com/registration.asp?/TSS

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InteractiveBrokersOneoftheleadingelectronicbrokers.Gainedimmensefamewithitshighquality,affordablepricesandsupportingtradingonmanyexchangesworldwide.

Pro ConFreequotes Averagestability


Settingup

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Patsystems(J-Trader)Awell-knownsystemusedbymanybrokers.

Pro Con

FreequotesNo

historydata


Settingup


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GlobalServerOmegaResearchTradeStation2000ihasbeentheleadingprogramforyears.NosurprisethathundredsofdatasourceswereintegratedintoGlobalServer.WethinkthatOwnData2willbemostusefultoallusersofTradeStation2000iwishingtousealltheadvantagesofTradeStation8.1'snewfeatures.

Pro ConA

ready-to-worksystemalready

inplace

None


Settingup

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

Pro ConAdditionaldataimportsupported None


Settingup

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UniversalDDEDDE(DynamicDataExchange)isawidelyusedprotocolforexchangingdatabetweenapplicationsintheMSWindowsenvironment.Pleaseseethedeveloper'swebsiteformoredetailedinformationonDDE.

Pro ConWidestchoiceofdatasources Lackofhistoricalquotes

DatapreprocessingwithExcelorotherprograms

possible,additionalfeaturessuchasbadtickfilteringandcreatingsyntheticsymbols

Averagestabilityandperformance


Settingup

http://msdn.microsoft.com/library/en-us/winui/WinUI/WindowsUserInterface/DataExchange/DynamicDataExchange/AboutDynamicDataExchange.asp



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

Pro ConAffordableprice Notenoughhistorydata

Unfiltereddata Insufficientcoverage


Settingup

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MarketCastMarketCastprovidesrealtimedatafortheAustralianmarkets.Informationcomestousersviathetelevisionsignal.

Pro ConAffordableprice Nohistoricaldata

Reliability Hardwarerequired


Settingup

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TenforeOneoftheleadingprofessionaldatavendors.Thecompanyhasover15years'experienceindeliveringinformation-basedsolutionsfortheglobalequities,derivativesandtreasurymarkets.

Pro ConGoodcoverage APIunreliability


Settingup

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

Pro ConFreequotes Lowreliability

Noinstallation

andconfiguration

Poordataquality


Settingup

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MetaStockMetaStockhasbeenoneoftheleadingprogramsforyears.ManyofdatasourcesprovidedataintheMetaStockformat.

Pro ConAready-to-worksystemalready

inplaceRealtimeunavailable

WidestcoverageNeedtohavethedataalreadyaccumulated

Abilitytouseexistingdata

fromMetaStockdatabase(from

QCharts,Reuters,eSignal

etc.)

65000barspersymbollimitation


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