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Can anyone help me make the RC Beginner strategy work in MultiCharts?
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Can anyone help me make the RC Beginner strategy work in MultiCharts?

  #1 (permalink)
Trading Apprentice
montreal, canada
 
Futures Experience: Intermediate
Platform: MC
Favorite Futures: oil, emini, t-notes
 
Posts: 4 since May 2011
Thanks: 0 given, 0 received

Can anyone help me make the RC Beginner strategy work in MultiCharts?

Hi,

I am using MultiCharts version 6 and I have imported a strategy called “RC Beginner” from TradeStation into MC (see attached file). My problem is that it is not working in MC, although the PowerLanguage editor has compiled it successfully. It works fine in TS but not in MC. I have other signals that I use in MC that are working just fine. So my software installation is visibly not the issue. Can someone help me make it work in MC? Here's the code:

Inputs:
PriceES(Close of Data1),
PriceNDQ(Close of Data2);
Vars: StopLoss(12), Stop_Width(0), Stop_Price(0);
Vars: StartTimeMins(0), EndTimeMins(0), LastTradeMins(0), Tmins(0);
if CurrentBar=1 then
begin
StartTimeMins = TimeToMinutes(Sess1StartTime)+40; //10:10
LastTradeMins = TimeToMinutes(Sess1EndTime)-25; //15:50
EndTimeMins = TimeToMinutes(Sess1EndTime)-15; //16:00
end;
Tmins = TimeToMinutes (Time);
Vars: ESYDC(0), NDQYDC(0), Started(FALSE);
Vars: ESLevel(0), NDQLevel(0);
if Date<>Date[1] then
begin
ESYDC = PriceES[1];
NDQYDC = PriceNDQ[1];
Started = TRUE;
end;
if Started then
begin
ESLevel = Close-ESYDC;
NDQLevel = PriceNDQ-NDQYDC;
end;
Vars: Priority(false), NDQ(0), NoTrade(false);
Vars: Trade1(false), Trade3(false), Trade4(false), Trade5(false);
Vars: Trade6(false), Trade8(false), Trade9(false), Trade10(false);
if Date<>Date[1] then
begin
Priority = false;
NoTrade = false;
Trade1 = false;
Trade3 = false;
Trade4 = false;
Trade5 = false;
Trade6 = false;
Trade8 = false;
Trade9 = false;
Trade10 = false;
end;
if Tmins = StartTimeMins then
begin
{condition 1}
if ESLevel >= 0 and ESLevel < 10 and NDQLevel >= 0 and NDQLevel
< 10 and NDQLevel >= ESLevel then Trade1 = true
{condition 2}
else if ESLevel >= 0 and ESLevel < 10 and NDQLevel >= 0 and
NDQLevel < 10 and ESLevel > NDQLevel then NoTrade = true
{condition 3}
else if ESLevel < 0 and ESLevel > -10 and NDQLevel < 0 and
NDQLevel > -10 and NDQLevel <= ESLevel then Trade3 = true
{condition 4}
else if ESLevel < 0 and ESLevel > -10 and NDQLevel < 0 and
NDQLevel > -10 and ESLevel < NDQLevel then
begin
Sell Short("Short 4")this bar on close;
Priority = true;
Stop_Width = StopLoss;
end
{condition 5}
else if ESLevel >= 0 and ESLevel < 10 and NDQLevel < 0 and
NDQLevel > -10 then Trade5 = true
{condition 6}
else if ESLevel < 0 and ESLevel > -10 and NDQLevel >= 0 and
NDQLevel < 10 then Trade6 = true
{condition 7}
else if ESLevel < 0 and ESLevel > -10 and NDQLevel <= -10 then
NoTrade = true
{condition 8}
else if ESLevel >= 0 and ESLevel < 10 and NDQLevel >= 10 then
begin
NDQ = NDQLevel;
Trade8 = true;
End
{condition 9}
else if ESLevel <= -10 and NDQLevel <= -10 then
begin
NDQ = NDQLevel;
Trade9 = true;
End
{condition 10}
else if ESLevel >= 10 and NDQLevel >= 10 then
begin
NDQ = NDQLevel;
Trade10 = true;
end;
end;
if Tmins >= StartTimeMins and Tmins <= LastTradeMins and
Priority = false then
begin
{condition 1}
if NDQLevel <= -13 and Trade1 then
begin
Sell Short("Short 1")this bar on close;
Trade1 = false;
Priority = true;
Stop_Width = StopLoss;
end;
{condition 2 = No Trade}
{condition 3}
if NDQLevel <= -13 and Trade3 then
begin
Sell Short("Short 3")this bar on close;
Trade3 = false;
Priority = true;
Stop_Width = StopLoss;
end;
{condition 5}
if ESLevel >= 2 and NDQLevel >= 13 and Trade5 then
begin
Buy("Long 5")this bar on close;
Trade5 = false;
Priority = true;
Stop_Width = StopLoss;
end;
{condition 6}
if ESLevel <= -2 and NDQLevel <= -13 and Trade6 then
begin
Sell Short("Short 6")this bar on close;
Trade6 = false;
Priority = true;
Stop_Width = StopLoss;
end;
{condition 7 = No Trade}
{condition 8}
if NDQLevel-NDQ >= 10 and Trade8 then
begin
Buy("Long 8")this bar on close;
Trade8 = false;
Priority = true;
Stop_Width = StopLoss;
end;
{condition 9}
if NDQ-NDQLevel >= 10 and Trade9 then
begin
Sell Short("Short 9")this bar on close;
Trade9 = false;
Priority = true;
Stop_Width = StopLoss;
end;
{condition 10}
if NDQLevel-NDQ >= 10 and Trade10 then
begin
Buy("Long 10")this bar on close;
Trade10 = false;
Priority = true;
Stop_Width = StopLoss;
end;
end;
if MarketPosition = 1 then
begin
Stop_Price = EntryPrice - Stop_Width;
Sell ("L-Exit") next bar Stop_Price Stop;
end;
if MarketPosition = -1 then
begin
Stop_Price = EntryPrice + Stop_Width;
buy to cover ("S-Exit") next bar Stop_Price
Stop;
end;
if Tmins >= EndTimeMins then
begin
Sell("Long Close") this bar on close;
Buy to Cover("Short Close") this bar on close;
end;



Thanks in advance,



Michael

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  #2 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
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Big Mike's Avatar
 
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Answer
This post has been selected as an answer to the original posters question Answer

What does "not working" mean? Be more specific, include exactly what steps you are taking when adding it to your chart. Have you also viewed the performance report and does it show any trades?

Mike

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  #3 (permalink)
Trading Apprentice
montreal, canada
 
Futures Experience: Intermediate
Platform: MC
Favorite Futures: oil, emini, t-notes
 
Posts: 4 since May 2011
Thanks: 0 given, 0 received


Wow, thanks for the quick reply Mike!

By not working I mean, it does not display the same number of trades in MC than in TS (see attached pics). You will notice on the pics that for the same period you not only get more signals in TS but they are also "real" trades as opposed to MC where you see only 3 trades for the whole report all ending at $0 profit/loss. Strange...

Michael

Attached Thumbnails
Can anyone help me make the RC Beginner strategy work in MultiCharts?-ts-setup.jpg   Can anyone help me make the RC Beginner strategy work in MultiCharts?-ts-strategy-report.jpg   Can anyone help me make the RC Beginner strategy work in MultiCharts?-mc-setup.jpg  
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  #4 (permalink)
Trading Apprentice
montreal, canada
 
Futures Experience: Intermediate
Platform: MC
Favorite Futures: oil, emini, t-notes
 
Posts: 4 since May 2011
Thanks: 0 given, 0 received

signal attached

by the way here's the signal file (attachement)
Michael

Attached Files
Register to download File Type: pla RCBeginner.pla (11.4 KB, 35 views)
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  #5 (permalink)
Trading Apprentice
Cambridge, UK
 
Futures Experience: None
Platform: Multicharts
 
Posts: 2 since Jun 2010
Thanks: 0 given, 0 received

Try StopLoss (120), or (1200), and see what happens.

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  #6 (permalink)
Trading Apprentice
montreal, canada
 
Futures Experience: Intermediate
Platform: MC
Favorite Futures: oil, emini, t-notes
 
Posts: 4 since May 2011
Thanks: 0 given, 0 received

Hi Tiforp,

I just tried that and nothing different happened. Have you tried yourself the .pla file that I attached to this thread? Does it work on your Multicharts installation?

Michel

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  #7 (permalink)
Trading Apprentice
Cambridge, UK
 
Futures Experience: None
Platform: Multicharts
 
Posts: 2 since Jun 2010
Thanks: 0 given, 0 received

No.

Have you tried putting this on MiltiCharts forum? Somebody there should be able to help.

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  #8 (permalink)
Elite Member
Stockholm, Sweden
 
Futures Experience: Intermediate
Platform: Tradestation, Multicharts
Favorite Futures: ES, FDAX, CL, 6E, OMXS30
 
Posts: 12 since Jun 2012
Thanks: 13 given, 6 received

Any success?

I have also found this strategy and I also aim to try it in MultiCharts.

Have you had any success after the last post in this thread?

Regards
/ Johan

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