Registered User
Joined: 3/15/2006
Posts: 15
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Over the last few days I've been trying out Telechart Platinum for day trading using a candlestick methodology. As general comments, the program is excellent and very user friendly, and the training support is unparalleled.
However, I am finding one major problem now that I am actually trying to apply my strategy. Basically, since I need to scan for candlestick patterns in real-time, I have to build custom indicators and sort through those. And this, I am finding, is extremely slow to do. I have a very fast broadband internet connection and a fast computer, but it is still taking several minutes to scan through only 500 stocks, and more often than not the scan fails when it reaches the 50th stock and tells me that I am trying to scan too many real-time symbols at once.
Now since I trade off of 15 minute bars, it will obviously be very innefective if it takes me more than 5 minutes to scan, and if the scanning is frequently interrupted as it is.
So basically, my only real question is: how can I find a way around this? I really like the software and I do not want to cancel my subscription, but if this is how fast my scanning will have to be then I'll have no other choice. Is there any solution for me within Telechart?
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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Other than optimizing the formulas for Custom Indicators to be shorter or more efficient, I do not know of way to speed up Indicator Sorts and do not have a workaround for you. When Indicator Sorts are done in Realtime, they are limited to the top 200 symbols in the Watchlist (and to 200 symbols total over a short period of time even if you switch watchlists).
-Bruce
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