Multicharts and eSignal data provider: Close x Settlement price

January 28th, 2013, 09:51 AM

Hello guys,

I'm having issues with Multicharts and eSignal data provider regarding Close versus Settlement price for a while.

There are actually two issues and I'll try to explain bellow:

1) eSignal Close data is proving to be very unreliable for me as I have identified wrong values every now and then. Note that I'm not talking about the difference between Close and Settlement price (that's normal), but the actual Close value been wrong some times. Check for example the daily chart for ES #F on January 23 2013. (real data from CME: c=1490.75 / s=1490.25 | eSignal data: c=1485.25 / s=1490.25). The same is true for January 22...

2) Besides the issue I just described above I prefer to use the settlement price on my strategies and indicators. When I contacted Multicharts support today, they told me I'm the first client to request such feature (use Settlement instead of close).
By doing a quick search on the web I found other clients and users requesting the same "feature" back to more than a year ago... So right after this Multicharts support told me there is actually a request already opened and I can vote for.
So I just want to share the case and the link for Multicharts users to vote in case they agree with this new feature.

MultiCharts Project Management - Issue MC-1082 - [AUTOLINK]Multicharts[/AUTOLINK] requires 'Use Settlement for Close' / Settlement Value to match some symbols on eSignal & exchange Charts

ps: The reason I'm still using eSignal as a data provider is because this is the only one I found that supports the Brazilian EQUITIES and FUTURES data. IQFeed is great but only supports the BMF futures, no bovespa equities.

Thanks,

-Ale

March 25th, 2015, 12:10 PM

Hi
I'm new to this forum and i have a question regarding mutlichart 8.9 version connected to Interactive Brokers.
The floor trader pivots do not match esignal. When I contacted multicharts they said there is no option to use settlement price over last price.
i saw this vote and I'm wondering if anyone has written power language to correct this problem or if there is a way to correct it?
Thank You
Ruth

March 27th, 2015, 02:46 PM

@RuthH, IQFeed has been helping MultiCharts customers for many years with their market data needs and they are one of the most used products with our feed. Our daily bar data provides the settlement prices and it may help resolve this issue with MultiCharts. I did come across this workaround (link below) that may be useful to you in the meantime. You can also contact me if you would like to test IQFeed data with MC to see if it will provide the results you are looking for.

Settlement Price Workaround:
MultiCharts Project Management - Issue MC-1212 - Automatically load settlement prices after [AUTOLINK]EOD[/AUTOLINK] close

Free Trial Link:
https://www.iqfeed.net/bigmiketrading/index.cfm?displayaction=start

I hope this helps

James

Multicharts and eSignal data provider: Close x Settlement price

Discussion in MultiCharts

Multicharts and eSignal data provider: Close x Settlement price