[cleon]

Hello,

I am currently a TS user and trying to develop code to pull out statistics on when the highs and lows of the day occurred, and to play with some Market Profile studies such as the IB, the range for the day, and how it relates to the IB, etc. You get the idea. My question is...is it possible to mine this data from TS, or is the data already out there somewhere and accessible, or is another tool preferable to do this kind of research??

Thanks in advance for any input!

[MidKnight]

Hello,

I do this type of simple data mining with Neoticker and R.

[darthtrader3.0beta]

https://www.tradestation.com/support..._seminars.aspx
Click on market analysis tab
"Archived Seminar Statistical Analysis and Data Mining
tradestation is much more that just a historical charting tool. With the integration of EasyLanguage, historical charts become a historical database of market action that can be mined for statistical information. We will use custom indicators to pull statistical information out of the chart based on any trading idea or concept.

Download Seminar Materials: DataMining.zip"

[cleon]

I've gone through that presentation and it seems to basically just describe the canned strategies you can use in TS. Unless it's just my limited knowledge of EL that's keeping me from seeing something else in there.

[darthtrader3.0beta]

Ahh, I'm not a TS user, I just remembered that tutorial from awhile back.
I've tried to do some stuff like this in ninjatrader with spitting things to the ouput window then copying into excel but it is quite tedious.
Neoticker as mentioned above has a time distribution indicator, I guess you could take some hints from it and try doing something like it in easy language.
http://newsletter.neoticker.com/2006...tion-analysis/

[cleon]

Yeah, I know it's possible in TS but was hoping for a simpler solution than spending three days trying to write code. Seems like it should be easier than it was when I attempted to code it last time. Anyway, thanks for the input, I have a feeling I'm going to have to just slug through the coding again. Sad thing is, I received more responses here than I did in the TS forums! Anyway, thanks again for the replies. I'll post a follow up if I can get it to work.

[MidKnight]

cleon,

As DT v3b stated above, Neo has time dist indicator (and distribution plot). While it is useful, I instead knocked up a simple tool with flexibility to mine whatever I want and allow the data to be easily exportable so I can pull it into R. You will always have to code stuff stuff like this because few people find a need for it, as most still want your MACDs and Stochs.....

Best of luck,
MK

[cleon]

Ok, thanks guys. I appreciate the feedback. At least I know I'm not overlooking something simple so I guess it's time to dust off the old EL manual. Thanks again.