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MultiCharts, MultiCharts, MultiCharts...
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MultiCharts, MultiCharts, MultiCharts...

  #111 (permalink)
Elite Member
Madison, WI
 
Futures Experience: Advanced
Platform: Sierra Charts, ALT
Favorite Futures: ES
 
aslan's Avatar
 
Posts: 614 since Jan 2010
Thanks: 342 given, 1,077 received

Easy to mix multiple feeds

I started playing with the Multicharts demo, and it deals with multiple feeds very well.

I have always had difficulty getting some indexes or symbols, that Zenfire does not provide, into Ninja. I used to use external databases to save/process/load the data from Tradestation into Ninja. This worked, but was tedious and used a lot of resource. As an example, I like to put the $TICK up with the ES.

In Multicharts, you just open up the quote manager and add a new symbol and specify which feed it is from. It takes care of the rest. They even have nice videos showing you how to do it.

I can now put symbols from Zen, Tradestation, or others on the same chart and it just works. I have been trying to get rid of my Tradestation feed since it did not work well with NT, but with MC I can now use it seamlessly with my other feeds.

As a bonus, I can also use the Tradestation continuous contracts for backtesting, another feature that NT is still trying to get working.

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  #112 (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: 46,238 since Jun 2009
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Aslan,

You can also power a chart from more than one data feed. For instance, you can select a Historical data feed and a real-time data feed for the same chart.

I like being able to also have both a Zen-Fire and IQfeed powered chart (real-time) to compare them side by side.

Mike

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  #113 (permalink)
Membership Revoked
United States of America
 
Futures Experience: Advanced
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Posts: 1,149 since Aug 2009
Thanks: 262 given, 471 received


My impression is MC blows NT away in this instance.

I am close to throwing in the towel on NT7. I have strats that need to get coded and I fear it will be a waste of time until there is a public beta which may not be in my lifetime.

Big Mike View Post
Zoe,

More on the renko test. Below is a slow motion replay via MultiCharts for today.

I am showing in total it took 60 trades and made $1395 after commission and slippage. As I replay the results, it seems to be working as expected. But, I don't have much experience with Renko charts so take a close look and give me your thoughts.

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A similar comparison "head-to-head" of same strategy in NinjaTrader would be useful to, if you are willing.

Mike


 
  #114 (permalink)
Membership Revoked
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Futures Experience: Advanced
Platform: NT
 
Posts: 1,149 since Aug 2009
Thanks: 262 given, 471 received

What hours did you start/stop trade the CL during that test?

 
  #115 (permalink)
Elite Member
Kaunas, Lithuania
 
Futures Experience: Intermediate
Platform: MultiCharts
Broker/Data: IB/IQFeed
Favorite Futures: Stocks, Futures
 
neriusb's Avatar
 
Posts: 15 since Dec 2009
Thanks: 16 given, 12 received

Volume stop MC indicator

Hi,

Maybe someone knows some similar to NT's 'volume stop' indicator for MC ?

Regards
Nerius

 
  #116 (permalink)
Trading Apprentice
Port St Lucie, FL
 
Futures Experience: Intermediate
Platform: Tradestation, MultiCharts
Broker/Data: TradeStation/Open e-cry
Favorite Futures: ES
 
Ranger's Avatar
 
Posts: 46 since Jan 2010
Thanks: 9 given, 43 received

Hello

I would caution you on accepting trade results based on RENKO OR 3 LINE BREAK charts without detailed review.

When my partner and I configured a strategy based on the 3 LINE BREAK Chart(Breakout Strategy) and performed backtesting the results were almost too good to be true. We later determined that because price moves within the bar, our trades were being executed at more favorable results than possible which skewed our backtest results.

Using the same strategy, we used Global Variable output signals from the 3 LBC(if Breakout Go Long Trigger/ Go Short Trigger) and fed them to a regular tick chart as permissive for Entry. The regular tick chart placed the market order.

We were brought back down to earth.

Just some thoughts .... nice chart!

RANGER

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  #117 (permalink)
Membership Revoked
United States of America
 
Futures Experience: Advanced
Platform: NT
 
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Big Mike View Post
Zoe,

More on the renko test. Below is a slow motion replay via MultiCharts for today.

I am showing in total it took 60 trades and made $1395 after commission and slippage. As I replay the results, it seems to be working as expected. But, I don't have much experience with Renko charts so take a close look and give me your thoughts.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


A similar comparison "head-to-head" of same strategy in NinjaTrader would be useful to, if you are willing.

Mike

I'm not doing any coding at the moment (especially on NT7), but if anyone cares to take a stab at this, I'd be much obliged.

 
  #118 (permalink)
Trading Apprentice
Port St Lucie, FL
 
Futures Experience: Intermediate
Platform: Tradestation, MultiCharts
Broker/Data: TradeStation/Open e-cry
Favorite Futures: ES
 
Ranger's Avatar
 
Posts: 46 since Jan 2010
Thanks: 9 given, 43 received

Zoe

New at posting here so hopefully this goes through. Anyway, attached are a few screenshots and some indicator code that you can use to verify proper firing on your signals. If you use ADE then you'll need the modified code attached. If you use multi-data sets, then you can readily convert the code snippets to accommodate.

I'm sure you don't need help troubleshooting or programming so that's not my intention by providing these items, it's that you can see from the graphic that you provided that those fills are highly unlikely and can only be verified by applying them to a tick chart.

I attached the situation that I'm refering too, in 120T graphic. Please verify also barstatus = 2 so your signals fire on the Close of the RENKO.

Attached Thumbnails
MultiCharts, MultiCharts, MultiCharts...-3lbc-chart-w-permissive-verification.jpg   MultiCharts, MultiCharts, MultiCharts...-120t-regular-3-line-break-charts.jpg  
Attached Files
Register to download File Type: zip 3LBC.zip (571.5 KB, 67 views)
 
  #119 (permalink)
Trading Apprentice
Port St Lucie, FL
 
Futures Experience: Intermediate
Platform: Tradestation, MultiCharts
Broker/Data: TradeStation/Open e-cry
Favorite Futures: ES
 
Ranger's Avatar
 
Posts: 46 since Jan 2010
Thanks: 9 given, 43 received

Zoe

Perhaps this will help too - if you look at your order placement on the RENKO, it's difficult to say how price is moving within the bar, hence how do you know that your orders are filled unless price ticked through it?

I've attached strategy results similiar to your concept for your use.

Don't get me wrong, I think the RENKO and 3LBC have potential and I'm working on this concept too. Perhaps all that's needed is some type of confirmation of the breakout; avoiding the head fake bars rather than reversing.

Open for your thoughts.

Attached Thumbnails
MultiCharts, MultiCharts, MultiCharts...-zoe.jpg   MultiCharts, MultiCharts, MultiCharts...-strategy-results-3lbc.jpg  
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  #120 (permalink)
Membership Revoked
United States of America
 
Futures Experience: Advanced
Platform: NT
 
Posts: 1,149 since Aug 2009
Thanks: 262 given, 471 received


Ranger, thanks for this.

I think Mike's original request was to see what the results for his test would look like using NT 7. If you care to convert his code so we can see those results, great!


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