Author Archive

Nov
22

Tick Precise Technology

Posted by: Lawrence Chan | Comments Comments Off

Classic technical analysis emphazes on the use of indicators, drawing tools, etc. to highlight and summarize the information on a chart. Decision making becomes a simplified process of looking into these summaries, as oppose to the details that formed the price data series in the first place.

Tick Level Data Analysis is Now a Necessity

As intraday price actions and program trading activities keep increasing, traders can no longer depends on such tools only due to the inherited weaknesses in these tools as they lag behind the price movements significantly when a market goes wild.

Tick precise technology is invented to allow indicators and tools to be developed so that they can process tick level data and produce summary information that was not possible with just OHLC bars.

Historical Data Generation Made Easy

One of the most difficult tasks in making tick precise indicators is to generate the correct historical indicator values within a chart. Normal chart data are loaded using the user specified information and the data series themselves do not have the tick level information needed by tick precise indicators.

To resolve that you can conduct tick replay on a chart to allow the tick precise indicators to properly generate their historical values directly from the tick data. Historical data and real-time update results can archieve maximum consistencies through this method. Making it possible to design and see how such indicator works on historical data, not just updated on streaming data.

During replay, tick data files are read and ticks (i.e. individual trades and their respective bid and ask updates) are used to reconstruct historical bars, just like real-time. Indicators are triggered on a tick-by-tick basis for recalculation. With tick replay, you can have confidence that your indicators and trading systems will work as expected.

Advantages with Tick Replay on a Single Chart:

  • Tick replay is designed to play unlimited number of days of tick files. NeoTicker® carefully manages computer resources so it is possible to play over 1 month of tick data of multiple symbols into a chart
  • Tick replay is very fast. A single tick file with over half million ticks can be replayed within a minute
  • Tick replay does not interfere with regular real-time tick receiving and processing. You can use tick replay on isolated charts while monitoring the market in real-time
Categories : Technology
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Nov
22

NeoBreadth® Technology

Posted by: Lawrence Chan | Comments Comments Off

Revolutionize Market Internal Anaylsis

Classic market internal data like advance/decline issues, TICK index, TRIN index, etc., broadcasted by the exchanges, represent statistics on the broad market, not truly correlated to the specific market indices or segments (S&P500, Nasdaq 100, the mining sector, the financial sector, etc.) you are dealing with. Should someone interested in generating these kind of specialized statistics, the task is so tedious, making it difficult for further research advancement in this area.

NeoBreadth® is designed as the solution to this problem. It revolutionizes the whole concept of market internal analysis. Analysts and Market Technicians can now easily collect and generate specialized statistics on multiple baskets of symbols, in real-time. New ideas or research concepts can be done easily as NeoBreadth® can reconstruct the historical data on the special statistics you’ve just created.

Encapsulate Complex Market Dynamics with Compact Formulas

To create your own market statistics, you just need to focus on one thing – the data you are interested to collect and analyze. For example, to collect real-time advance issues data on S&P500, it takes just an one line formula, Last > PrevClose. The rest of the data collection process is then handled by NeoBreadth®.

More complex concepts, including ones you wanted to research into, can be done the same way. You can focus on the idea itself, as oppose to wasting time on worrying about low level issues from connection to data services, data file processing, etc.

Extreme Efficiencies

neobreadth_w320One of the biggest obstacle for real-time market breadth analysis is that the computation load can be stressful for your computer. Most trading platforms simply break down when you make them collecting one or two customized market internals over just a hundred symbols.

That is not a problem at all for NeoBreadth®. NeoBreadth® is part of NeoTicker, our real-time platform designed to handle computations on thousands of symbols efficiently. There is no parallel to this level of efficiencies at all from any other trading software available nowadays.

Versatile Platform Integrations

Data generated with NeoBreadth® can be used within other software easily. For example, you can pull the data out to be used within Excel, or in fact any other software capable of standard Microsoft Windows integration technologies.

Categories : Technology
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Nov
18

Solution for Hedge Funds

Posted by: Lawrence Chan | Comments Comments Off

Running a hedge fund is not easy. It puts enormous pressure on the fund managers to perform. NeoTicker has many advantages that can assist your fund to operate more smoothly.

Shorten Model Development Cycle

Being able to develop new models and discover new market biases is essential as trading models do have limited life time. NeoTicker provides the means to research and develop new trading models rapidly, giving your hedge funds the ability to stay on top of its games.

Better Analysis on Models Ready for Deployment

NeoTicker’s Environment Sim, TOTS Framework and its ability to backtest trading models with its Advanced Fill Mechanism make it the perfect solution to rigorously test your trading models before deployment. By properly stress testing your models, trading logics and emergency rules can be put in place to handle complex situations when elements out of your control are acting up in real-time.

Easier to Distribute and Manage Trading Setups Across Trading Floors

Traders trained in-house to trade discretionarily need standardized setup on their trading computers to start with. NeoTicker makes it extremely easy to deploy complete sets of charts, quote windows, decision grids based on dynamic tables, etc.

Should new tool sets are developed by your firm, it can be deployed in the same way easily without hassles.

Better Protection of Proprietary Research and Inventions

Proprietary indicators, chart setups, formulas, etc. can be protected in various ways so that your firm’s intellectual properties are secure from theft and industrial spies.

Protected indicators and trading models can be made so that they lock to specific NeoTicker license, and/or stop functioning on specific dates. Special formulas written within quote windows, complex chart setups, etc. can all be protected.

Talk to us at sales@tickquest.com or call us at 416-777-9119.

Categories : Solutions for
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Nov
11

Time Chart – some part of the chart is missing

Posted by: Lawrence Chan | Comments Comments Off

First, many instruments do not trade 7/24. Thus if you are showing a chart that covers beyond the time that these symbols are trading, you expect gaps in the chart.

Second, you may not have the complete historical data on hand and that your data vendor for some reason did not deliver the data to NeoTicker on the first request. If that is the case, select the chart, then point your cursor at the blank area and press the key F11. NeoTicker will try to obtain the data again from your data service for the missing data automatically.

Categories : FAQ
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When you track that many symbols, it is likely you are doing scanning, and/or real-time breadth analytics. Thus, you can exhaust the available RAM in your computer easily.

Check the Task Manager to see if your computer is running low on RAM. If so then consider adding RAM to your computer may help.

If you find that your computer is consistently using 100% CPU, then you may need a faster CPU with multiple cores to improve the overall performance.

A possible cause of this problem can be a mistake in your NeoTicker settings. Check the Cache Manager> RAM Cache tab; click on the option button to bring up the RAM Cache Options window. Under the Smart Tool tab, if it is set to auto, change that to Disable to lower the spike in RAM usage.

Categories : FAQ
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Nov
11

Scan Workshop – Can I use it in real-time?

Posted by: Lawrence Chan | Comments Comments Off

Yes. For ultra fast performance, however, you may want to use the quote windows formula columns or the pattern scanners.

Categories : FAQ
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Nov
11

Scan Workshop – do I need a data service to use it?

Posted by: Lawrence Chan | Comments Comments Off

For end of day data scanning, you do not need to use a data service. Scan Workshop can scan with free historical data available on the Internet. However, you can optionally scan with a data service like Quote Plus, TC2005, etc.

Categories : FAQ
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These fields require construction of real-time look up table to work. Turn on the real-time lookup table under Server Setup>Lookup DB tab.

Be reminded that enabling RT Lookup you are telling NeoTicker to download the tick data for all the streaming symbols in order to compute the accurate values for those fields. It can be a time consuming and high CPU load process.

You should consider using the faster accumulated version of these fields instead: AccDnTick, AccDnTick%, AccDnVol, AccDnVol%, AccNetTick, AccNetVol, AccTikRatio, AccTikTrin, AccUpTick, AccUptick%, AccUpVol, AccUpVol%, AccVolRatio.

Categories : FAQ
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You may have used more symbols than you are allowed with your subscription. Check Program menu > System Log > Symbol Usage for a clue to where you have used up the symbols. Reduce the usage accordingly.

Next, to reset the symbol count on the eSignal Data Manager, close all other programs connected to eSignal Data Manager, then close eSignal Data Manager manually. NeoTicker® will then automatically re-launch and reconnects to eSignal Data Manager.

Categories : FAQ
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Workaround – You can use the QC Exponential Moving Average.

Reason – NeoTicker®’s implementation of the exponential moving average is written according to the correct definition from mathematic texts, as well as classic technical analysis texts.

When the previous generation of technical analysis programs introduced in the 80s and 90s, some programmers decided to create their own version of exponential moving average and then almost every program came after that copy their code from these implementations without questions why the indicator is implemented that way. The claims were that their version “react faster” and “more responsive”, etc.

Categories : FAQ
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