NexusFi: Find Your Edge


Home Menu

 





How would you change MultiCharts 7?


Discussion in MultiCharts

Updated
      Top Posters
    1. looks_one Big Mike with 11 posts (1 thanks)
    2. looks_two Laurus12 with 5 posts (3 thanks)
    3. looks_3 greenroomhoo with 4 posts (1 thanks)
    4. looks_4 guppy with 4 posts (0 thanks)
      Best Posters
    1. looks_one MultiCharts with 3 thanks per post
    2. looks_two cory with 2 thanks per post
    3. looks_3 Jura with 2 thanks per post
    4. looks_4 Laurus12 with 0.6 thanks per post
    1. trending_up 12,529 views
    2. thumb_up 20 thanks given
    3. group 21 followers
    1. forum 48 posts
    2. attach_file 1 attachments




 
Search this Thread

How would you change MultiCharts 7?

  #11 (permalink)
 
Nicolas11's Avatar
 Nicolas11 
near Paris, France
 
Experience: Beginner
Platform: -
Trading: -
Posts: 1,071 since Aug 2011
Thanks Given: 2,232
Thanks Received: 1,769

Hi,

(i) Possibility to change the space between candles
Already in Project Management under reference MC-320: MultiCharts Project Management - Issue MC-320 - Changing candle / bar width independently of spacing
For me, this is quite an issue, because I am working on the discretionary side, so I have to be comfortable with the appearance of the bars. I like a lot NinjaTrader and TradeStation possible displays. What a pity that the space between bars could not be changed (yet) under MultiCharts.

(ii) Possibility to multiply the prices of an instrument by a given multiplier
Already in Project Management under reference MC-773: MultiCharts Project Management - Issue MC-773 - price multiplier for symbol mapping (eSignal and IB) to allow trading
This issue prevents from trading some instruments with some data feed and brokers. Let's take an example. The prices of Cotton @ ICU (NYBOT) are 100 times higher in eSignal (typically: 86.61, CT #F) than Interactive Brokers (typically: 0.8661, CT H2). So it is impossible to reasonably trade this instrument with MultiCharts using IB when reading prices from eSignal. The solution could be to apply a custom price multiplier to eSignal data.

The above being said, I think that MultiCharts remains a great tool!

Nicolas

Visit my NexusFi Trade Journal Reply With Quote

Can you help answer these questions
from other members on NexusFi?
REcommedations for programming help
Sierra Chart
Trade idea based off three indicators.
Traders Hideout
MC PL editor upgrade
MultiCharts
Better Renko Gaps
The Elite Circle
ZombieSqueeze
Platforms and Indicators
 
  #12 (permalink)
 ehlaban 
Netherlands
 
Experience: Advanced
Platform: Ensign, Multicharts
Trading: SP500
Posts: 91 since Nov 2009
Thanks Given: 66
Thanks Received: 57


Big Mike View Post
I'll start.

I wish they would release a MC version that used .NET in addition to EasyLanguage. They are 95% there already, and it would be easier to write native .NET code than calling DLL's.

Mike

What do you mean with they are there 95% already, are they next to EL also going to incorporate .NET like
C# or VB.Net ?

Reply With Quote
  #13 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,469 since Jun 2009
Thanks Given: 33,246
Thanks Received: 101,669



ehlaban View Post
What do you mean with they are there 95% already, are they next to EL also going to incorporate .NET like
C# or VB.Net ?

MultiCharts is C# behind the scenes, their PowerLanguage EasyLanguage is an interpreter to C#. If you look at FXCM Strategy Trader, it is C# for scripting --- and while FXCM owns that trading platform, it is essentially a MultiCharts fork/OEM.

EasyLanguage is an asset. But would be nice to be able to directly use C# as well without DLL's. I am not sure what their decision process is or reason to not offer this, but I am sure they have some

Mike



Join the free Markets Chat beta: one platform, all the trade rooms!

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #14 (permalink)
 guppy 
Los Angeles, CA
 
Experience: Advanced
Platform: Tradestation
Broker: Tradestation
Trading: ES,HG,GC,YM,Nq,RB,NG
Posts: 52 since Aug 2011
Thanks Given: 11
Thanks Received: 8

When using easylanguage id like to see an option to setprofittarget and setstoploss in ticks and not just dollar amounts. Ill like the interface to be quick when loading charts and not slow like it is currently. Id also like to have alerts enabled when using strategies and not just for indicators. If they can do this...then all the tradestation clients would buy multicharts and leave tradestation.

Reply With Quote
  #15 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,469 since Jun 2009
Thanks Given: 33,246
Thanks Received: 101,669


guppy View Post
When using easylanguage id like to see an option to setprofittarget and setstoploss in ticks and not just dollar amounts. Ill like the interface to be quick when loading charts and not slow like it is currently. Id also like to have alerts enabled when using strategies and not just for indicators. If they can do this...then all the tradestation clients would buy multicharts and leave tradestation.

You can pretty easily handle the conversion. I've posted some code in Battle of the Bots that I use in my strategies that just sets a TickSize and TickValue for every strategy as a var, and you can easily then set a stop/target in ticks and just carry it forward to a dollar amount in the function.

With regards to slow charts, I just want to say that has not at all been my experience. Charts load instantly. So it must be something else, either hardware, historical provider, indicators, etc.

Mike



Join the free Markets Chat beta: one platform, all the trade rooms!

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #16 (permalink)
 bibulous 
Germany
 
Experience: Beginner
Platform: MultiCharts, NinjaTrader
Broker: IB/IQFeed
Trading: NQ, YM
Posts: 81 since Jun 2009
Thanks Given: 114
Thanks Received: 63

from the top of my head:
  • Heikin-Ashi Range charts
  • Better Renko like Charts
  • Volume break down like Investor/RT
  • cumulatative delta volume indicators like Investor/RT
  • in general: volume studies like Investor/RT
  • Market Profile
  • in the order and position window the _realized_ PnL should be shown as well
  • TradeStation 9 compatibility
  • more on the bug side (either in MC or in my setup): if I trade the ESH2 in the DOM using IB and chart @ES# from IQFeed I do not see my orders on the chart
  • possibility to group indicators and studies (hierarchical). a flat list is confusing..

Reply With Quote
Thanked by:
  #17 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,469 since Jun 2009
Thanks Given: 33,246
Thanks Received: 101,669

For the second to last bullet have you set up symbol mapping?

Mike



Join the free Markets Chat beta: one platform, all the trade rooms!

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #18 (permalink)
 bibulous 
Germany
 
Experience: Beginner
Platform: MultiCharts, NinjaTrader
Broker: IB/IQFeed
Trading: NQ, YM
Posts: 81 since Jun 2009
Thanks Given: 114
Thanks Received: 63


Big Mike View Post
For the second to last bullet have you set up symbol mapping?

Mike

yes, but somehow it does not work.. might be a problem with how I have set things up. I still have to prepare screenshots and a detailed description of what is (in my opinion) happening and send it to them. Just hadn't had the time yet.

Reply With Quote
  #19 (permalink)
 guppy 
Los Angeles, CA
 
Experience: Advanced
Platform: Tradestation
Broker: Tradestation
Trading: ES,HG,GC,YM,Nq,RB,NG
Posts: 52 since Aug 2011
Thanks Given: 11
Thanks Received: 8

I tried looking in the battle of the bots forum and did and advanced search for all your articles. Could not find the code. Please tell me which post # has the correct coding for the stoploss and tp for ticksize.

thanks

guppy




Big Mike View Post
You can pretty easily handle the conversion. I've posted some code in Battle of the Bots that I use in my strategies that just sets a TickSize and TickValue for every strategy as a var, and you can easily then set a stop/target in ticks and just carry it forward to a dollar amount in the function.

With regards to slow charts, I just want to say that has not at all been my experience. Charts load instantly. So it must be something else, either hardware, historical provider, indicators, etc.

Mike


Reply With Quote
  #20 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,469 since Jun 2009
Thanks Given: 33,246
Thanks Received: 101,669



guppy View Post
I tried looking in the battle of the bots forum and did and advanced search for all your articles. Could not find the code. Please tell me which post # has the correct coding for the stoploss and tp for ticksize.

thanks

guppy

Pretty sure this one:


And if not, then the later versions posted here:


Look at post 107 for TickSize and TickValue in the Educated by Randomness thread.

Mike



Join the free Markets Chat beta: one platform, all the trade rooms!

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote




Last Updated on April 30, 2012


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts