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I am very new to TS, just got my account open. I have read enough EL docs to be able to adjust the indicators i use from NT to TS. And suddenly - BAM - there is no native support for multi timeframe TICK charts in TS.
As my strategies are using data combination from 500, 5000 and 15000 tick charts i wrote in their support forum for solution. The result is "if you are not a programmer you will not be able to make it work" (or "you can do it with PriceSeriesProvider" which is the same for me).
Is anybody sucesfully using multi timeframe tick based strategy in TS? I am afraid of addons and exotic solutions, i think if it was reliable in their platform they would have had it included. I am using a very simple strategies and i am ready to pay for reliable solution as i have spent enough time getting familiar with TS, opening an account, etc.
Best redards,
Hristo
Can you help answer these questions from other members on NexusFi?
You might try Multicharts, it provides native support for any combination of multi-time frame data you choose.
Multicharts also uses nearly identical code as Easylanguage, so that wouldn't be a problem, since you've already done the conversion to Easylanguage.
I think you can get a free trial of Multicharts to see if it will work for you. Multicharts also works with most brokerages.
I have no affiliation with Multicharts - just a very happy user for many years.
Thank you,
Can you please confirm you can add 2 or 3 Tick charts from one symbol with different intervals in one chart window? And what I see is there are 2 versions, one is .Net and the other is just Multicharts, which one are you talking about?
I would really prefer to get a solution based on the TS platform as it will take weeks to change to another platform, open another brokerage account and so on.
both Multicharts and Multicharts.NET allow you to add multiple tick datastreams to a single chart and then reference the datastreams within your code.
With Tradestation you will only be able to do that using PSP or other approaches using ADE or ELC, but all will require some more advanced EasyLanguage programming.
Here is a screenshot showing 200,400,and 600 tick charts stacked. You can also "Hide" the data streams that you don't need to see, while accessing the data stream in your code as data1 (200), data2(400) and data3(600tick).
Good trading !
Thank you both @sptrader and @ABCTG! I have installed the MC64 and after short fight with the compilator I have my stuff ready It looks like a improved version of TS.
I have setup MC to work with TS’s datafeed, but can’t find option to use TS brokerage, do you know if this is possible?
While true, secondary data streams do not have access to tick by tick resolution (mentioned in my other post (futures.io/multicharts/43902-multiple-time-frames.html#post671765")). So if you were backtesting a strategy that wanted to check a condition is true on data1 and data2 at the same time, you would get irregular results.
example:
data1 1000 ticks, bar magnifier 1 tick resolution
data2 2000 ticks (only calculations on close, or OHLC)
while data1 can check a condition for each 1 tick, data2 only checks up to 4 times per bar.
@Fat Tails has a NT thread (futures.io/ninjatrader/9393-coding-multi-time-frame-multiple-time-frames-indicators-ninjatrader.html) about the issues with MTF calculations that I guess apply to most platforms.
