Trade Station

Hello friends

Is there anybody in bangalore who is using TradeSation software for your technical analysis. pls do get in touch if u r using

thanks

hi mrkt_monitor

i am using tradestation 8.1
but i am not in banglore

if you want to discuss anything about tradestation we might discuss it right here or is it necessary to be in banglore ?


if you want to ask any advanced questions on system designing and testing, then i would sujest you to PM "credit violet - CV", he is a MASTER / EXPERT in this filed. ( "and all other aspects of trading" as well).

He is capable of answering all of your queries on Tradestion and Wealth Lab. he personally likes to use both of these softwares. ( as told to me by himself)

thanks and regards

hi franktrader,
I purchased Trade Station from www.ebay.com. But I don't know how to use it to get the uptrend and downtrend of indian stocks. Kindly help me by guiding me about how can I can use it for shares listed in NSE Exchange like ROLTA.NS, ANDHRABAN.NS, LUPIN.NS, etc.
I await your prompt response.
Thanking You!
Amit Chopra

hi franktrader
canu tell me how to import data in tradestation 8.1 in offline mode
ranjan

Hello friends

I am giving here a step by step process for using Tradestation 8.1 or 8.2 in offline mode for doing analysis on Indian securities.

1. First of all you need to create a text file. Just open the note pad and type {NSEI, 23} into it, without brackets. Nothing else should be written into this text file. Now you should rename this New Text Document to custexch.

2. After changing the name of this text file, save this file into this directory: c:\ programme files\ TradeStation 8.1 \ CAL. By pasting the custexch text file into this CAL folder, a new custom exchange by the name of NSEI will be created into the TradeStation.

3. Now open the Tradestation in Offline mode,
4. Click on File> New > Window > choose Chart Analysis and click OK.
5. Now right click on this empty window and choose Format symbol. On the Settings tab click on Lookup. Click Add, choose type as Metastock, and provide the location of your data by clicking on Browse. In the Prefix type MS. And then click OK.

6. Now a list containing all the symbols of your metastock data folder will be shown. Just click on any symbol and then click OK. Now choose the interval as DAILY {{{{ please note that tradestation currently does not supports metastock intraday data, for doing intraday analysis you will have to use ASCII data. }}} and the first date to last date of data available, and the range of data that you want to be plotted. On the time zone choose Exchange. Click OK.

7. Now a window will appear which will ask you for Description, Category, Exchange, and Price Scale etc. Do not change anything, just click on next.

8. A second window will appear asking about the Session 1, just change the times from 9:55 am to 3:30 pm our exchange time. Click on next

9. A third window will appear, Choose save settings for all symbols. Then click on Finish.

10. Now the chart containing your Metastock Data should be visible.

For those of you, who are getting a bit confused because of this long list of steps, I have prepared an image showing all these steps very clearly. If you look at the image after reading this explanation, then it will be very easy for you to follow these instructions. The image is attached along to this message.

Hope this will help you.

Thanks and regards
Frank Trader.

Once you are successful in plotting your first chart, then it becomes very easy to use the TradeStation.

To change the chart , just right click on the chart window > choose format symbol > lookup > click on new symbol that you want to be plotted > click OK > click OK

And the new chart will be displayed. As easy as that.

If you want more space to be available for the chart analysis, just click on the “View” menu on the top and “deselect” these – “Order bar and Position graph bar”. Now the chart will be visible on the whole window.

For detailed help on how to use all the available indicators, systems etc. please refer to the “ Tradestation User Guide” by clicking on the Help menu. That guide has got all the information required by us.

Thanks

Crisp & Clear---Thanks.

madhava36

Hi Franktrader
Thank you very much for your conrtibution
ranjan

Hi Franktrader

I checkd my mail today only, and saw that you have replied to my query. Thanks a ton for that, I will definitely get in touch with you.

I dont know about tradestation but if you are after easylanguage then you might give multicharts a try, it has a free 30 day trial