Is it e-signal or is it me!?!

[d-day]

I have attached ascreen shot of my GBP e-signal chart - the data is not the same as Steve's. I received none of the signals shown in the daily report. When ABC Trader posted this set up on Tradestation, I just figured that this was one of those times where slight data feed differences result in one platform getting a signal and the other not. I just about dropped out of my chair when I saw Steve post his 240 minute e-signal chart with those very set-ups. As you will see from my screenshot, had one take the GBP signals given with the data e-signal is feeding me, then losses, not large wins would have resulted.

If anyone can discern from my screen shot that I am doing something wrong, then by all means please clue me in.

Thank you,

David

PS I know that this is probably a "technical issue" and that I should e-mail support. But I really would like to hear freom anyone who has had these problems. And yes, I have exited and re-opened the program. I've even opened the GBP in other chart windows and all I get is what you see here attached.

[Steve Griffiths]

Hi David,

All you have to do is email support@MTPredictor.net, it still amazes me why people simply refuse to ask us (who know the software better than anybody else) for help, that is what we are here for.......................

As I said in the report, these were "major" set-ups, so all you have to do is turn on the ShowMajorSetups.

All you had to do was ask MTP support and you would have got a quicker reply :)

Steve

PS, well done again to ABC Trader - this has been a great trade...nice one !

[d-day]

Hi Steve,

First of all, that was pretty quick!:)

Secondly, even with the major set ups on, I do not get the set-up that you showed in your daily report.

If you look at my chart, you will see that while the data is similar, there are several difference that must be causing me not to get that sell signal.

Thanks,

David

PS Should I still e-mail support?

[Steve Griffiths]

Hi David,

I see what you mean, I have just re-booted eSignal to log onto a differnt Server and I no longer get that set-up either, so it looks like my eSignal data has changed from this morning as well :confused:

Why this has happened, I do not know, (maybe some tick corrections ?) but as I have explained many many times before MTPredictor is not responsible for the data, all we can do is work off the data we are given.

Steve

[d-day]

Hi Steve,

I was not laying blame on MT Predictor.

It did manage to catch these set-ups on the 60 minurte chart, by the way.

Thank you for your responses.

[Steve Griffiths]

Hi Steve,


It did manage to catch these set-ups on the 60 minurte chart, by the way.

.

Brilliant - well done............

Steve

[stevej]

Why this has happened, I do not know, (maybe some tick corrections ?) but as I have explained many many times before MTPredictor is not responsible for the data, all we can do is work off the data we are given.

Steve

Here I go again - SJ sounding like a cracked record.

My experience of ESignal is it is both ferociously expensive and unreliable. I really do not want to have to log off and try to connect to a different server thank you. I pay a premium price and expect premium goods. It gives me (and it appears others) bum set ups. It potentially gives MTP a (undeserved) bad reputation - people reading this forum might just think porkies are being told to sell software. I know they are not untruths and I know MTP to be an organisation of the utmost integrity but there are lots of sceptical people, including potential customers, out there.

I appreciate (as things are at present) MTPredictor is not responsible for the data and all it can do is work off the data it is given by ES. There is a solution about which I have winged many times before. That way forward is to provide a wider range of data providers through the stand alone program. I realise it is much easier and cheaper to write EFSs & EL code than to do the job properly but if this sort of problem is the result is it worth it? Have a look at Hypertrader or OwnData for the ease of connecting to other data sources.

For goodness sake chaps, stop looking for short cuts, ditch the easy way out and develop your own existing excellent software. In the end it will be worth it.

Sorry for going on yet again (and for all the parentheses).

SJ

[stylist]

Hi stevej
I know that things like this can make you go crazy and it did happened to me when i was trading with a trading guru and group of traders using hotcom platform we all had the same indicators using tradestation and there were times that some had a signal and others not . we all had the exact same data and indicators and no one found any reasonable explanation to this mysterious phenomenon
It can happen in tradestation and esignal its a platform bug not the indicators(mtp or any other) so any signal differences between tradestation and esignal is even more likely to happen
BUT after all this error is very rare and should be treat with the same proportion there are things that we just need to accept and live with

[stevej]

Hi stevej
I know that things like this can make you go crazy and it did happened to me when i was trading with a trading guru and group of traders using hotcom platform we all had the same indicators using tradestation and there were times that some had a signal and others not . we all had the exact same data and indicators and no one found any reasonable explanation to this mysterious phenomenon
It can happen in tradestation and esignal its a platform bug not the indicators(mtp or any other) so any signal differences between tradestation and esignal is even more likely to happen
BUT after all this error is very rare and should be treat with the same proportion there are things that we just need to accept and live with

Hi

My criticism is not of MTP who, in my viiew, have an excellent product and operate to high ethical standards. It is of the esignal product. I use their data in a number of different ways and find it so unreliable I cannot trust it and consequently do not wish to use it. Simply put, I want to use another data supplier.

A difficulty thereby arises:- if I want to use MTP RT I have limited choices. (1) I can remain with ES and I don't want to (2) I can use TS but then I have to either change my brokerage account from IB to them (I don't want to) or pay an even more gross monthly charge for a better platform but lesser data coverage (3) I can jury rig my MTP EOD to run quasi real time but this is very unsatisfactory.

My only gripe with MTP is they have a perfectly good RT program which could easily be updated and extended to accept data from other suppliers. It is sitting dormant on my computer (a) because it is out of date and (b) because to use it I need, guess what, esignal or realtick which, again, I do not wish to use.

Hope that puts the record straight.

[Eddo]

I have attached ascreen shot of my GBP e-signal chart - the data is not the same as Steve's. I received none of the signals shown in the daily report. When ABC Trader posted this set up on Tradestation, I just figured that this was one of those times where slight data feed differences result in one platform getting a signal and the other not. I just about dropped out of my chair when I saw Steve post his 240 minute e-signal chart with those very set-ups. As you will see from my screenshot, had one take the GBP signals given with the data e-signal is feeding me, then losses, not large wins would have resulted.

If anyone can discern from my screen shot that I am doing something wrong, then by all means please clue me in.

Thank you,

David

PS I know that this is probably a "technical issue" and that I should e-mail support. But I really would like to hear freom anyone who has had these problems. And yes, I have exited and re-opened the program. I've even opened the GBP in other chart windows and all I get is what you see here attached.

David

Have you checked that you have the same 'filter' settings in your MTP efs files?

[pbb]

I have attached ascreen shot of my GBP e-signal chart - the data is not the same as Steve's. I received none of the signals shown in the daily report. When ABC Trader posted this set up on Tradestation, I just figured that this was one of those times where slight data feed differences result in one platform getting a signal and the other not. I just about dropped out of my chair when I saw Steve post his 240 minute e-signal chart with those very set-ups. As you will see from my screenshot, had one take the GBP signals given with the data e-signal is feeding me, then losses, not large wins would have resulted.

If anyone can discern from my screen shot that I am doing something wrong, then by all means please clue me in.

Thank you,

David

PS I know that this is probably a "technical issue" and that I should e-mail support. But I really would like to hear freom anyone who has had these problems. And yes, I have exited and re-opened the program. I've even opened the GBP in other chart windows and all I get is what you see here attached.

Hi David,

I have experienced the same problems with esignal several times, data changed when you closed en re-started the programm etc. In my experience it only happened in timeframes longer then 60 min interval. I have spoken to esignal and they are aware of the problem but probably don't see it as a major issue (first contact was over 6 months ago). The problem is: they use 60min data to recalculate the 120/180/240etc data, and they also do something with opening in US etc.. It all is very vague, just as it is no good to have gaps in a 24hour product (except for the week-ends).

Two weeks ago again I was experiencing the same problems, I immediately subscribed to tradestation and ran the programms next to eachother. I now already have cancelled my esignal. TS for forex data (>60min) is better, esignal has been good to me on all other products.

[abc_trader]

Steve

PS, well done again to ABC Trader - this has been a great trade...nice one !

yes, it is currently +360 pips in one week

[jtrade]

(2) I can use TS but then I have to either change my brokerage account from IB to them (I don't want to) or pay an even more gross monthly charge for a better platform but lesser data coverage

stevej & others,

I have never understood what people see in eSignal : imho their charting is nowhere near as good as TradeStation and their data no more reliable. I use TS8 for charting and all you need to do is 10 futures trades per month and the platform is free apart from rt exchange fees. If you are doing any intraday trading, you should have two brokerage accounts anyway, so whilst trading primarily with IB (who are excellent), you have TS brokerage for backup.

The one big missing link with TradeStation is the lack of Eurex & Liffe data, which they have been promising as "coming soon" for ages....:( ... it will doubtless arrive one day.

J.

[Steve Griffiths]

stevej & others,

The one big missing link with TradeStation is the lack of Eurex & Liffe data, which they have been promising as "coming soon" for ages....:( ... it will doubtless arrive one day.

J.

Hi J.

I spoke to TradeStation at the Money Show yesterday and asked them this very question and they said that they are working on Eurex data now, and it is in in their new v8.2 which is in Beta at the moment and due for Launch in a few months time......

So we should have Eurex (but not Liffe) soon....

This will be Eurex Data only (not clearing) so if you want to trade Eurex it will not be though their platform directly.

Thanks

Steve

[Steve Griffiths]

Hi Guys

On RT data and our RT stand-a-lone program.

As usual, everything always looks so easy on the surface, so may I please expand a little more for you all, to let you know my thinking.

We are no just ignoring any future RT development because we cant be bothered, far from it, I am actively looking at additional RT options for you, but I have high standards, as I only wish to supply a good product for you than works well, and with RT data feeds this is not always obvious, for example I know of some data feeds that if you ask for more and more data (for example multiple historical quotes) they push your data requests further down their priority list so actually you get a worse service. So what I am saying, is that all the answers are not always as easy as you think, ands as such requires lots of additional digging from me.

On the subject of reliability, you usually get what you pay for, and I am worried that may of you are always looking for the cheapest solution however, a cheaper RT data feeds normally means less infrastructure and as such is less able to cope with the high depends of multiple market scanning that I feel is essential for true RT trading. On the surface, it is relatively easy to connect one RT chart to a data feed, but the issues normally start to surface once you start to add additional historical requests which are needed to follow a number of RT markets all at the same time. This is where the cheaper RT data feeds usually start to buckle and as such are unable to cope.

As such, please can you all send a list of the RT data feeds that you fell may be suitable to support@MTPredictor.net and I will take a look for you. If, I can find some good solutions, then I will take a more in-depth look.

For your own info my requirements are.

The company must supply an API that allows us to connect to their data fed and receive RT as well as historical quotes. And they must not have any restriction on the amount and frequency of history that can be requested

RT data is usually not the problem, history on demand is usually the problem and this rules out IB (worse luck) as they do not supply enough history on demand.

Thanks, and I hope this helps and shows that I do take everything that you all say seriously, and just because we are not doing something does not mean that we cannot be bothered, there are usually good technical reason why I have decided not to do it. But as I say here, I am willing to look again as time goes on.

Steve

[stevej]

Steve,

IB provides loads of data on demand - when data is available again (Sunday) I will post a sample chart - if I remember. The difficulty with IB is volume data although this is not an issue for MTP.

Just as a matter of interest I attach to this post a typical 'data hole' in Esignal data. This is the sort of thing that makes me see red and screws up my trading!

Steve

[matobe]

my esignal chart showed same as yours chart david............it a huge loss because the setup did't pop up...............what a huge loss.............:mad: :confused:







I have attached ascreen shot of my GBP e-signal chart - the data is not the same as Steve's. I received none of the signals shown in the daily report. When ABC Trader posted this set up on Tradestation, I just figured that this was one of those times where slight data feed differences result in one platform getting a signal and the other not. I just about dropped out of my chair when I saw Steve post his 240 minute e-signal chart with those very set-ups. As you will see from my screenshot, had one take the GBP signals given with the data e-signal is feeding me, then losses, not large wins would have resulted.

If anyone can discern from my screen shot that I am doing something wrong, then by all means please clue me in.

Thank you,

David

PS I know that this is probably a "technical issue" and that I should e-mail support. But I really would like to hear freom anyone who has had these problems. And yes, I have exited and re-opened the program. I've even opened the GBP in other chart windows and all I get is what you see here attached.

[jjc]

As soon as you get a bar that is missing hold down your ctrl key on your key board and simultaneously left click on your mouse on the status 'ok' on your cursor window to change to a different repeater that is serving your area. (assuming you have on the cursor window properties 'show server status' checked).

If you are trading the Euro there may not be ample repeaters up and running at your time of the day. A call to tech support would be helpful to get repeaters up while you are trading.

You may also want to go to 'file' then to 'preferences' to make sure you have the proper settings on all catagories.

Hope that helps.


j

[matobe]

it's still same as before, there was no setup pop ups like steve esignal chart.................:mad:

As soon as you get a bar that is missing hold down your ctrl key on your key board and simultaneously left click on your mouse on the status 'ok' on your cursor window to change to a different repeater that is serving your area. (assuming you have on the cursor window properties 'show server status' checked).

If you are trading the Euro there may not be ample repeaters up and running at your time of the day. A call to tech support would be helpful to get repeaters up while you are trading.

You may also want to go to 'file' then to 'preferences' to make sure you have the proper settings on all catagories.

Hope that helps.


j

[jjc]

Correct, wait until the markets open across the pond - late Sunday in the US


j

[stevej]

As soon as you get a bar that is missing hold down your ctrl key on your key board and simultaneously left click on your mouse on the status 'ok' on your cursor window to change to a different repeater that is serving your area. (assuming you have on the cursor window properties 'show server status' checked).

Hope that helps.


j

Thanks J that could be helpful. Much better though if these people provided a reliable service in the first place. For the price I pay them I feel entitled to receive data that has no missing bars - perhaps I'm just too demanding.

[jjc]

off topic

If you care to have some software to keep your computer's registry running smoothly I suggest you try this software. I've used it everyday for several years and can attest that it will not hurt your computer. If you download it try the 'issues' function once a day along with the cleaner function.

The best part about it is that it's free although they do accept donations.

Sorry you're having problems with Esignal but it is one of best data feeds out there since it reads data direct. It's complicated how these data services operate.

http://www.ccleaner.com/

j

[Biggo]

off topic

If you care to have some software to keep your computer's registry running smoothly I suggest you try this software. I've used it everyday for several years and can attest that it will not hurt your computer. If you download it try the 'issues' function once a day along with the cleaner function.

The best part about it is that it's free although they do accept donations.

Sorry you're having problems with Esignal but it is one of best data feeds out there since it reads data direct. It's complicated how these data services operate.

http://www.ccleaner.com/

j


Hi J

Thanks for sharing that with us Ccleaner looks like a nice tool for a bit of a spring clean

Cheers