Impossibility of automatic trading on tick-by-tick graphs

Viewing 6 posts - 1 through 6 (of 6 total)
  • Author
    Posts
  • #68962 quote
    Phil TEG
    Participant
    New

    Hi,

    In 2016 Nicolas wrote that automatic trading on tick-tick graphs was not available YET in ProOrder. I work mainly on 20 ticks graphs for EUR-USD, and have been developing programs with ProBacktest, which are finally rejected when trying to go live with ProOrder! Is there any update on this? Does PRT plan to provide this functionality, and if so when?

    Alternatively, is there a possibility to obtain the number of ticks per canddle, on a 10 seconds graph for example?

    Thank you in advance!!

    Proorder-with-ticks-1.jpg Proorder-with-ticks-1.jpg
    #68965 quote
    GraHal
    Participant
    Master

    A tick is a price change so I guess you could only get an average value for ticks in 10 seconds anyway?

    Why don’t you backtest on 1 sec then 2 sec then 3 sec etc and then whatever * sec TF gives you the same results / nearest result that got when backtesting on 29 tick TF … that is your nearest average in seconds to 20 ticks for that particular Instrument??

    #68966 quote
    Eric
    Participant
    Master

    Its strange that it works with tick-bars in backtest but not in proorder

    but its probably easier said than done?

    #68971 quote
    Nicolas
    Keymaster
    Master

    but its probably easier said than done?

    Indeed!

    To obtain ticks quantity in 10 seconds, you can use the tick by tick chart, make sums of ticks received and reset each 10 seconds.

    #68972 quote
    Phil TEG
    Participant
    New

    Thank you for your answer. This is exactly what I am doing now: I can monitor the number of ticks coming as long as I use a tick-by-tick chart. The programming I am doing around that functions in ProBacktest, but I am blocked from going into ProOrder (my screenshot above, “ProOrder demands time-based charts”). Therefore I cannot run ProOrder based on this information…..

    As of today, if one wants to use ProOrder, one can only work with time-based charts, and therefore loose the information about tick activity. 1) Do you know if PRT has plans to allow for ProOrder on tick-charts, and if so when? 2) Alternatively, would you know a way to obtain tick volumes when using a time-based chart? 3) Alternatively again, is there a way to transfer information from a tick-chart to a time-based chart that would be opened simultaneously?

    Best regards

    #68992 quote
    Nicolas
    Keymaster
    Master

    1) Do you know if PRT has plans to allow for ProOrder on tick-charts, and if so when? 2) Alternatively, would you know a way to obtain tick volumes when using a time-based chart? 3) Alternatively again, is there a way to transfer information from a tick-chart to a time-based chart that would be opened simultaneously?

    1/ They are aware that this is a must have, but I don’t have any idea about ETA for this to be implemented.

    2/ No, because variables are reset each tick received, so tick by tick chart is the only way to get the “ticks ratio” the way you want ..

    3/ Not possible sorry 🙁

    Phil TEG thanked this post
Viewing 6 posts - 1 through 6 (of 6 total)
  • You must be logged in to reply to this topic.

Impossibility of automatic trading on tick-by-tick graphs


ProOrder: Automated Strategies & Backtesting

New Reply
Author
author-avatar
Phil TEG @phil-teg Participant
Summary

This topic contains 5 replies,
has 4 voices, and was last updated by Nicolas
7 years, 10 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 04/23/2018
Status: Active
Attachments: 1 files
Logo Logo
Loading...