Yesterday I’ve had quite some trouble trying to connect MCDT to MB Trading, yet today I’ve succeeded in establishing a connection. So I thought I should share this with you guys, and perhaps it will save someone else some headaches.
1. Create a new ‘Broker Profile’ in MCDT for MB Trading (File -> Broker Profiles -> Manager Broker Profiles -> New -> MB Trading).
[See screenshot 1]
2. Connect to MB Trading withouthaving an MB Trading application (such as MB Desktop, MB Desktop Pro, or MB Navigator) active. If you have such an application running in the background, the connection “signal” for the MB Trading connection will remain yellow.
3. Manually add the forex symbols. MCDT doesn’t support (with the Version 7.0 Beta 3 (Build 46) version) automatically adding these symbols, so you have to do this for yourself. Go to the Quote Manager (File -> New -> Quote Manager), choose in the Quote Manager for Instrument -> Add Symbol -> Manually. Here type in the currency pair you’d like to add (for example EUR/USD).
[See screenshot 2]
In the ‘Edit Symbol’ screen [see screenshot 3], you can give an description to the symbol. The other options, can be left untouched.
4. Open a new chart (File -> New -> Chart Window) and choose a forex pair symbol you’ve added. When opening for the first time a chart from MB Trading, MCDT asked again for my login credentials, but after supplying these the chart will begin to load.
At that point, it should work like a charm.
Last edited by Jura; May 11th, 2011 at 03:08 AM.
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In the quote manager edit symbol screen, does the "use exchange / ECN settings" option work correctly? I setup a few Forex instruments but noticed MC is reporting the P&L wrong (showing like stock was traded). It is also sending the orders with incorrect lot size in my demo account. A sale of 1 lot is 1 unit and not 10K units for Forex trades.
The default lot size with MB Trading is 10.000 units, while the default order size is 0.1 lot (so, 1000 units). Perhaps changing this in the Edit Symbol section could solve your incorrect lot size problem.
Buying 1000 units in MCDT equals a 0.1 lot and entering a order in MCDT for 10.000 units equals 1 MB Trading lot. The minimum order in MCDT for trading with MB Trading is thus not 1, but 1000 since 1000 units equals one MB Trading mini-lot.
As far as I know - that can't be done. You can make a feature request for it here (http://www.multicharts.com/pm/), because with the current settings the "+1" buttons behind the calculator-thing in the DOM don't work since these add 1 and not the minimum 1K.