Tradestation to MC transition... (Page 2) - MultiCharts | futures trading

Go Back

> Futures Trading, News, Charts and Platforms > Platforms and Indicators > MultiCharts

Tradestation to MC transition...
Started:July 19th, 2011 (05:17 PM) by RM99 Views / Replies:2,858 / 10
Last Reply:July 23rd, 2011 (05:35 AM) Attachments:0

Welcome to

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike

Thread Tools Search this Thread

Tradestation to MC transition...

Old July 23rd, 2011, 05:35 AM   #11 (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: 45,447 since Jun 2009
Thanks: 28,847 given, 79,600 received

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...


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.
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.

Reply With Quote

Reply > Futures Trading, News, Charts and Platforms > Platforms and Indicators > MultiCharts > Tradestation to MC transition...

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Upcoming Webinars and Events (4:30PM ET unless noted)

NinjaTrader 8: Programming Profitable Trading Edges w/Scott Hodson

Elite only

Anthony Drager: Executing on Intermarket Correlations & Order Flow, Part 2

Elite only

Adam Grimes: Five critically important keys to professional trading

Elite only

Machine Learning Concepts w/FIO member NJAMC

Elite only

MarketDelta Cloud Platform: Announcing new mobile features

Dec 1

NinjaTrader 8: Features and Enhancements

Dec 6

Similar Threads
Thread Thread Starter Forum Replies Last Post
MC Traders dynamic index -> conveting to MC yiman MultiCharts 12 August 2nd, 2016 10:40 AM
VSA in MC? TonyB MultiCharts 10 May 28th, 2011 10:37 AM
MC indicators cory MultiCharts 1 May 21st, 2011 05:09 AM
Tradestation Vs Ninja Vs Cqg Vs Matlab Vs MC David111 The Elite Circle 3 March 5th, 2011 11:22 AM

All times are GMT -4. The time now is 09:28 PM.

Copyright © 2016 by All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts

Page generated 2016-10-26 in 0.06 seconds with 19 queries on phoenix via your IP