TradeStation as MC Data Provider - MultiCharts | futures trading

Go Back

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

TradeStation as MC Data Provider
Started:January 19th, 2013 (03:45 AM) by TonyB Views / Replies:1,149 / 2
Last Reply:January 21st, 2013 (01:23 PM) 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 as MC Data Provider

Old January 19th, 2013, 03:45 AM   #1 (permalink)
Go Bears!
Bay Area, CA - US
Futures Experience: Beginner
Platform: TOS, TS & MC
Broker/Data: TDA & TS
Favorite Futures: Stock, Options and now Futures (ES)
TonyB's Avatar
Posts: 514 since Dec 2010
Thanks: 227 given, 135 received

TradeStation as MC Data Provider

Anyone here using TradeStation data in MC?

If so, I'd appreciate the sharing of any experiences...

Thanks much.

EDIT / ADD: And if any is using TS data in MC, might you be using this to actually trade?

Last edited by TonyB; January 20th, 2013 at 07:53 PM.
Reply With Quote

Old January 21st, 2013, 05:49 AM   #2 (permalink)
Elite Member
Nicosia, Cyprus
Futures Experience: Intermediate
Platform: Multicharts, Tradestation
Broker/Data: Interactive Brokers, MB Trading, Tradestation for data
Favorite Futures: FX, Equities
Posts: 39 since Oct 2012
Thanks: 44 given, 39 received

MC data feed

I am using TS data in MC (equities only).

Things work well, but my vision of how they could work is different. I don't know if this is because I am not using the Multicharts Quote Manager properly, or the software and data given just doesn't do what I'd like.

Main points:

1. Once you find the symbols you need and import them in MC QM, TS imports the data quickly, and without a problem.
I am updating my QM database often, and, apart from the exception I note below, load times are fast and complete.

1. One time (and one time only, as far as I could check), data was loaded in QM from TS without the volume info. My backtests were not outputting anything, that's how I found out. I deleted and reloaded the data and everything was ok.

2. It happened a few times when I was backtesting strategies on daily data, that the data changed after some time. For example, I run a test on Dec 1, and the close of a specific day for symbol X was $10. When I run the same test a few weeks later, my entry price is different, and when I check why, I see that the close for that same day changed to $10.20.
I have not yet managed to explain why this happens - my tests are the same, so it could be Tradestation changing their data, or Quote Manager playing tricks?
I've had this minor issue 3-4 times over the last few months, after running thousands of tests - I didn't check all of them, of course, but my feeling is that it's a non-issue.

3. I wish that TS could provide a list of all available symbols, including the not-traded ones (so that backtests can minimise survivorship bias). As it is, I had to search letter by letter in Quote manager to find all the symbols available.
In my opinion, such information is so easy to keep, and so important for traders, that I cannot see why it's not available.

Other info from data providers that I think would be very valuable to a systematic trader is:

a. Index components (eg the symbols that make up the S&P 500, Russell 3000) that are updated continuously.

b. Index components as at year-ends (for example, the S&P1500 as at 31 Dec 2002, with the symbol list showing the symbols as they are represented today). As an example, say symbol AAA was in the S&P600 in 2002, but the company went bankrupt since then, and Tradestation changed its name to AAA!, which is how Tradestation shows not-traded symbols. If I want to see the symbol list of the S&P600 as at Dec 2002, the list must show AAA as AAA!.

c. GICS (the classification that separates equities in sectors, industry groups etc) info for each symbol.
And Multicharts Quote Manager should have the necessary fields to keep this info.

If anyone knows of a data provider who keeps this kind of information and works well with Multicharts, please let us know!


PS I am not using the software from traderssoft you are enquiring about.

Reply With Quote
The following user says Thank You to moses for this post:

Old January 21st, 2013, 01:23 PM   #3 (permalink)
Go Bears!
Bay Area, CA - US
Futures Experience: Beginner
Platform: TOS, TS & MC
Broker/Data: TDA & TS
Favorite Futures: Stock, Options and now Futures (ES)
TonyB's Avatar
Posts: 514 since Dec 2010
Thanks: 227 given, 135 received

Hi moses, thank you for making the time to reply.

I'd very much want to reply with more, but I woke-up very much under the weather. I got some replies on the MC forum that I'd like to share with you at least:

MultiCharts: Trading Software for Automated Trading and Backtesting • View topic - Tradestation as MC Data Provider

If not registered there, you might want to do so and provide some feedback in that discussion also... Thanks again.

Reply With Quote

Reply > Futures Trading, News, Charts and Platforms > Platforms and Indicators > MultiCharts > TradeStation as MC Data Provider

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 data provider for Taiwan/HK michaelbr MultiCharts 10 March 19th, 2014 06:25 AM
IQfeed vs IB data as data provider for Multicharts arjfca Brokers and Data Feeds 21 January 16th, 2012 10:39 AM
Does anyone know of a provider of free live trial data for MC Angelo1 MultiCharts 9 August 12th, 2011 07:51 AM
Best Data Provider to compliment Zen-Fire for Mkt Internals & EOD Data? waverider Brokers and Data Feeds 17 October 14th, 2010 10:33 AM
Can someone help with data provider? Simo Brokers and Data Feeds 5 September 8th, 2010 03:47 PM

All times are GMT -4. The time now is 05:45 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 2016-10-28 in 0.08 seconds with 19 queries on phoenix via your IP