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Experiences with the MarketDelta or Investor RT Platform
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Experiences with the MarketDelta or Investor RT Platform

  #31 (permalink)
Trading Apprentice
leeds, UK
 
Futures Experience: Advanced
Platform: Market Delta, trade station
Favorite Futures: ES
 
Posts: 9 since Aug 2011
Thanks: 0 given, 1 received

MD for free

I see Simon from futuresfx is offering Market delta for free to his members, not sure how is was doing this,, but its a good way to sucker people in to buy his course i guess...LOL

Harris

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  #32 (permalink)
Trading for Fun
Wash DC
 
Futures Experience: Intermediate
Platform: multiple
Favorite Futures: varies
 
Posts: 66 since Sep 2011
Thanks: 8 given, 24 received


GentleTrader View Post
MarketDelta is derived from Investor RT, keeps the same code but adds footprint charts. MD keeps updating as IRT evolves. They have a comercial relationship. As IRT is the base, MD lags IRT as far as updates are concerned. IRT guys are also much more polite than MD when you need support.

Best combo: IRT plus Gomi ladder. Same benefits and a hundred bucks cheaper.


GentleTrader View Post
IRT is about $100 less than MD, which has footprint. You can get IRT, which is cheaper, and use Gomi ladder to have the footprint charts for free.

Isn't Gomi ladder just with NT? Unfortunately all the links in his profile cannot be accessed unless I am an elite member.

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  #33 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,220 received



Frank Ricard View Post
Isn't Gomi ladder just with NT? Unfortunately all the links in his profile cannot be accessed unless I am an elite member.

If you use MD or IRT, you don't need Gomi's stuff. Gomi's stuff is just to make NT store bid/ask data, and his indicators are for volume studies and bid ask studies. All built-in with IRT and MD, as well as Sierra Chart.

Mike

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  #34 (permalink)
Trading for Fun
Wash DC
 
Futures Experience: Intermediate
Platform: multiple
Favorite Futures: varies
 
Posts: 66 since Sep 2011
Thanks: 8 given, 24 received


Big Mike View Post
If you use MD or IRT, you don't need Gomi's stuff. Gomi's stuff is just to make NT store bid/ask data, and his indicators are for volume studies and bid ask studies. All built-in with IRT and MD, as well as Sierra Chart.

Mike

IRT doesnt have number bars, aka footprint charts. It looked like Gomi designed a footprint chart.


Appreciate the response though, I was all but certain what you said was the case.

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  #35 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,220 received


Frank Ricard View Post
IRT doesnt have number bars, aka footprint charts. It looked like Gomi designed a footprint chart.


Appreciate the response though, I was all but certain what you said was the case.

Try MD or Sierra

Sent from my DROIDX using Tapatalk

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

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  #36 (permalink)
Elite Member
San Francisco
 
Futures Experience: Intermediate
Platform: Infinity
Favorite Futures: ES
 
Posts: 1 since Mar 2012
Thanks: 0 given, 0 received

ES Tick dat for MarketDelta

Looking for ES historical tick data for MarketDelta charts. Did anyone has it? I have DTN service. But they provide only for past 120days worth tick data. Please let me know. Thanks

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  #37 (permalink)
 Vendor: www.linnsoft.com 
Milton, GA
 
Futures Experience: Intermediate
Platform: Investor/RT, MarketDelta
Broker/Data: DTN IQFeed
Favorite Futures: ES
 
LS Chad's Avatar
 
Posts: 150 since Apr 2010
Thanks: 2 given, 135 received

Have enjoyed following this thread. I have a couple questions for two of you.

Alexlaxmikant, can you give specific examples of aspects where MC is more flexible. I don't know MC well, but am always looking at opportunities to improve the product.

Michael H. - I also am not familiar with Gomi's footprint. Can you expand on how it is MUCH better than MD's Footprint?

Thanks,
Chad

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  #38 (permalink)
Elite Member
Tomsk, Russia
 
Futures Experience: Beginner
Platform: custom
Favorite Futures: gold
 
slickiam's Avatar
 
Posts: 253 since Dec 2010
Thanks: 131 given, 427 received


Michael.H View Post
Dr. Linn pretty much found a way to make extra money.. The footprint idea was his, but not that many people know that market delta and IRT are the same thing. He saw the value of the footprint, so he decided to re brand it and distribute it differently.... Im pretty sure he gets a cut from market delta.. I have no way to verify this, its just my take.
In terms of customer service, I have to agree that with market delta, there really is none. Every time i have a question, it takes a day to get back, and most of the times its just a link to their knowledge base.

However, if you want stability with lots of features, Market delta/IRt is worth it

MD support is not the equal I/RT support, imho
I was a customer of Linnsof last year and had the mirroring situation to yours
I had a support personally from Mr. Linn and Mr. Payne
It looked like they started their day from customers posts reading - Answers were sent right in the morning /CT/

But I agree with you that MD-I/RT are quite expensive and very qualitative

And I can confirm a high quality of customers support from Linnsoft /maybe the best/

Scientia Libertas Prosperitas

Last edited by slickiam; March 17th, 2012 at 07:14 AM.
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  #39 (permalink)
Trading Apprentice
India
 
Futures Experience: Intermediate
Platform: Multi charts
Broker/Data: Esignal, interactive brokers, religare
Favorite Futures: Nifty
 
Posts: 18 since May 2010
Thanks: 39 given, 8 received


LS Chad View Post
Have enjoyed following this thread. I have a couple questions for two of you.

Alexlaxmikant, can you give specific examples of aspects where MC is more flexible. I don't know MC well, but am always looking at opportunities to improve the product.

Michael H. - I also am not familiar with Gomi's footprint. Can you expand on how it is MUCH better than MD's Footprint?

Thanks,
Chad

Well I have used MD version 9 so my experience is limited with it only, I have to stretch my memory real hard since its been 2-3 years now.

Few things which bugged me in MD were it's limitation of backtesting strategies whenever market profile related tokens were used like developing POC token could only be used for 6-8 months of data.

Also the scripting language in MD is very easy but because of that it lacks the flexibility, for example - I run this line in MC very often at initial stage of strategy building. If specific conditions are met then buy next bar at xyz price and send the text file to local folder along with date, time closing price and name of signal. This wasn't possible in MD which is very vital for debugging trading strategies. This is also helpful for statistical analysis like how many days market closed positive when previous days POC was greater than it's previous POC etc.

Also there was one problem which troubled me a lot in MD at initial stage and that was repeat population of signals ex. if high is greater than last 4 bars high then buy, now what happen is that when bar changes and open of the bar is still higher than previous high then signal get repeated on this bar and alert signals pop-up again. To avoid that I had to use some other token ( I think it was number of signals, not sure ) I always felt that MD should let users write their own tokens and store them for later use.

Then there was portfolio backtester issue, I couldn't test pair trading strategies in MD or I couldn't test my portfolio.
Besides other minor issue like system used to get slow( CORE2DUO) whenever I tried to use auto scheduling import ( Substitute for Ascii mapping in MC )

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  #40 (permalink)
 Vendor: www.linnsoft.com 
Milton, GA
 
Futures Experience: Intermediate
Platform: Investor/RT, MarketDelta
Broker/Data: DTN IQFeed
Favorite Futures: ES
 
LS Chad's Avatar
 
Posts: 150 since Apr 2010
Thanks: 2 given, 135 received



Alexlaxmikant View Post
Well I have used MD version 9 so my experience is limited with it only, I have to stretch my memory real hard since its been 2-3 years now.

Few things which bugged me in MD were it's limitation of backtesting strategies whenever market profile related tokens were used like developing POC token could only be used for 6-8 months of data.

The Profile Indicator has a token, PROF, which can be used in the Real Time Language (RTL). While the TPO Indicator/token is limited to 6-8 months, there is no such limitation on PROF, you can go back as far as you can get data (6 or so years on ES from DTN). PROF gives you access to time or volume based VAH/VAL/POC, etc (current/previous/historical).


Alexlaxmikant View Post
Also the scripting language in MD is very easy but because of that it lacks the flexibility, for example - I run this line in MC very often at initial stage of strategy building. If specific conditions are met then buy next bar at xyz price and send the text file to local folder along with date, time closing price and name of signal. This wasn't possible in MD which is very vital for debugging trading strategies. This is also helpful for statistical analysis like how many days market closed positive when previous days POC was greater than it's previous POC etc.

Each Signal Marker in a chart has an option to generate a Signal Action when the signal fires. Included in the options of the Signal Action is a choice for "Text to File". I don't know if that has all the flexibility you need, but this functionality is currently available.


Alexlaxmikant View Post
Also there was one problem which troubled me a lot in MD at initial stage and that was repeat population of signals ex. if high is greater than last 4 bars high then buy, now what happen is that when bar changes and open of the bar is still higher than previous high then signal get repeated on this bar and alert signals pop-up again. To avoid that I had to use some other token ( I think it was number of signals, not sure ) I always felt that MD should let users write their own tokens and store them for later use.

There are various ways around this, including using the Signal Statistics indicator (SSTAT) with results like "bars since last signal" to only provide that signal if it has been x bars since it last occurred. Could also use SSTAT to ensure it only signaled first occurrence of the session/day.


Alexlaxmikant View Post
Then there was portfolio backtester issue, I couldn't test pair trading strategies in MD or I couldn't test my portfolio.

While you can backtest a portfolio/quotepage of symbols together, and the backtest results in a cumulative/composite set of reports including all symbols...the symbols are tested one at a time and have no knowledge of the state of the other signals on any given bar. There are some complex ways to accomplish this (Quotepage Statistics Indicator and Array Indicator), but it is very difficult to get this done. Our Trading System is better designed to backtest single symbols (although it is very easy to access the data of any other symbol within this backtest).


Alexlaxmikant View Post
Besides other minor issue like system used to get slow( CORE2DUO) whenever I tried to use auto scheduling import ( Substitute for Ascii mapping in MC )

We have done a great deal of improvement in the area of efficiency over the past 2 or 3 years. I think you might find things much improved on this front from 2 or 3 years back when you last tried the product.

Chad

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