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Tradestation to MC transition...
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Tradestation to MC transition...

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RM99 View Post
Just so I know what I'm getting into....

Does anyone know the particular advantages of MC to TS with respect to backtesting?

Specifically.....will MC backtest tick/tick or intrabarordergeneration = true?
How far back will MC backtest for regular time based bar strategies?
How far back will MC backtest for range bar based strategies?

Can MC backtest using multiple data streams (i.e. signals off one chart, entries and exits on another chart)?
If not, does MC offer backtesting using global variables?

I saw a thread about MC working on features like advanced renko bars (I'm so envious of guys who can use better renko charts or renko charts with wicks/tails).

1. Yes it can test tick by tick. You can even test tick by tick on non-tick dataseries like minute bars.

2 and 3. Is only limited by memory of a 32-bit application and how much data you have. I've tested 2.5 years of tick data on CL without any problems, I'm not sure how far you can go before you hit the memory limit. They have announced a 64-bit version to be released at some point, maybe 6-12 months.

4. Yes, data1 must be used for entries/exits but data2, data3, and so forth can be used in calculations to generate the signal, including mix/matching instruments.

It wasn't until just recently that MultiCharts added discretionary/manual trading. The rest of the product development has always focused on automation. So I think you are in pretty good hands...

Mike

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