Another alternative could be trade using bars (1 min/5min), as working with "Line" in TWS makes it really slow to work with
I don't know how difficult would be to implement or even if it makes sense at all On Tue, Dec 14, 2010 at 12:44 PM, Albert Martin <[email protected]>wrote: > I've checked it and yes, the results match but having such short Bollinger > window values leads to get very noisy bands values that get extremely close > every few minutes depending on current market conditions. > > You can check it by yourself in TWS, just set chart params to 1454 secs and > "Line" . Then it would let you select 1 Sec as the unit in Bollinger > indicator, same as JbookTrader 1s snapshot. Even if you chose a period of > 50 you'll notice fast that these bollinger bands aren't very helpful. > > Some papers recommend using a 20 period with 1min bars, I'm going to give a > try with a period of 1000 (maximum allowed in TWS) seconds = 16.66 minutes > , when looking at the chart it looks smooth and more sensible. > > > > > > > > > On Fri, Dec 10, 2010 at 3:49 PM, nonlinear5 <[email protected]>wrote: > >> Ok, please update us on the results. Thanks. >> >> -- >> You received this message because you are subscribed to the Google Groups >> "JBookTrader" group. >> To post to this group, send email to [email protected]. >> To unsubscribe from this group, send email to >> [email protected]<jbooktrader%[email protected]> >> . >> For more options, visit this group at >> http://groups.google.com/group/jbooktrader?hl=en. >> > > -- You received this message because you are subscribed to the Google Groups "JBookTrader" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/jbooktrader?hl=en.
