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

  #181 (permalink)
Elite Member
Germany
 
Futures Experience: Advanced
Platform: NinjaTrader
 
Posts: 112 since Sep 2009
Thanks: 47 given, 127 received

Renko probs in MultiCharts

Hi Mike,

I tried to test HugoHurley with 1 year of CL tick data, based on the data you provided in the download area. Everything is fine for 1 min chart, but the Renkos are only shown for the last days of the timeseries.

It seems to be the same Renko bug as you already had posted in the MC beta 3 forum:
TS SUPPORT :: View topic - Multicharts 6.0 Beta 3 feedback

Did you get any feedback? Any ideas for a workaround?

Regards
aknip

The following user says Thank You to aknip for this post:
 
  #182 (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
Thanks: 29,350 given, 83,218 received


aknip View Post
Hi Mike,

I tried to test HugoHurley with 1 year of CL tick data, based on the data you provided in the download area. Everything is fine for 1 min chart, but the Renkos are only shown for the last days of the timeseries.

It seems to be the same Renko bug as you already had posted in the MC beta 3 forum:
TS SUPPORT :: View topic - Multicharts 6.0 Beta 3 feedback

Did you get any feedback? Any ideas for a workaround?

Regards
aknip

Beta 3 fixed the error I reported to them. If you are running beta 3 and still getting this error, I'm not sure what to say. Did you force a reload of the data? (Ctrl-R on chart), and also did you clear cache in QuoteManager on that instrument?



Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
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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.
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  #183 (permalink)
Elite Member
Germany
 
Futures Experience: Advanced
Platform: NinjaTrader
 
Posts: 112 since Sep 2009
Thanks: 47 given, 127 received



Big Mike View Post
Beta 3 fixed the error I reported to them. If you are running beta 3 and still getting this error, I'm not sure what to say. Did you force a reload of the data? (Ctrl-R on chart), and also did you clear cache in QuoteManager on that instrument?
Mike

Mike,

I tried everything - no luck so far.
As an alternative I think of coding an indicator which shows Renko price action - just an idea because I think it should not be that much effort and would make us indipendent of MCs beta progress...
Do you know of any existing indicator which does this (or something similar)?

aknip

 
  #184 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
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Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,218 received


aknip View Post
Mike,

I tried everything - no luck so far.
As an alternative I think of coding an indicator which shows Renko price action - just an idea because I think it should not be that much effort and would make us indipendent of MCs beta progress...
Do you know of any existing indicator which does this (or something similar)?

aknip

ak,

Do you have the problem with IQfeed or Zen Fire? Or only ASCII mapping? I would use MC live chat support to resolve this.

If you are referring to an indicator that plots HH+HL etc then no I am not aware of one, you'd have to convert an existing NT one. But I dont think such an indicator is very useful for strategies (it is too slow). I'd rather see you fix the Renko problem above by contacting MC support.

Mike

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.
6)
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.

 
  #185 (permalink)
Elite Member
Germany
 
Futures Experience: Advanced
Platform: NinjaTrader
 
Posts: 112 since Sep 2009
Thanks: 47 given, 127 received


Big Mike View Post
ak,

Do you have the problem with IQfeed or Zen Fire? Or only ASCII mapping? I would use MC live chat support to resolve this.

If you are referring to an indicator that plots HH+HL etc then no I am not aware of one, you'd have to convert an existing NT one. But I dont think such an indicator is very useful for strategies (it is too slow). I'd rather see you fix the Renko problem above by contacting MC support.

Mike

It's with both data feeds: Zen and ASCII, I have tried different instruments, time zones etc. - same problem.

Regarding MC live chat: Can it be used by non customers, too? I have learned that the MC forum is only available for customers who have bought a license. I am still in trial mode to see if MC will give enough advantages to me compared to Ninja...

Regarding Renko indicator: Why do you think it might be too slow? I am thinking of an indicator which draws Renko bricks on top of the actual chart in real time - there will be no additional time lag compared to a native Renko chart thus it would have the same speed (perhaps we have a misunderstanding: Were you taliking about a HH/HL indicator like ZigZag/Swing/1-2-3 indicators?)

aknip

 
  #186 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
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Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,218 received

ak,

Yes you can still use live chat as a demo customer.

For second part, yes, I thought you said price action indicator so I was thinking HH+HL etc. If you just mean drawing Renko on top of chart, yes I misunderstood.

Mike

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.
6)
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.

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

Aknip,

Why on God's green earth is it so difficult for these platforms to simply follow the algo instructions and execute a trade based on satisfied conditions regardless what type of chart is used in a backtest. I really feel badly for you having to jump through all these hoops (like overlaying a time chart on a Renko) to accomplish something that shouldn't be too difficult natively.

The only reason I can think of at this point is there is no integrity to the historical tick database these platform vendors use and, as a result, the backtests have no resemblance to reality. What do you think?

 
  #188 (permalink)
Elite Member
Germany
 
Futures Experience: Advanced
Platform: NinjaTrader
 
Posts: 112 since Sep 2009
Thanks: 47 given, 127 received

Mike,
thanks for your response.
I have bought the license and posted it to the forum (appended it to your thread).
aknip


Big Mike View Post
ak,

Yes you can still use live chat as a demo customer.

For second part, yes, I thought you said price action indicator so I was thinking HH+HL etc. If you just mean drawing Renko on top of chart, yes I misunderstood.

Mike


 
  #189 (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
Thanks: 29,350 given, 83,218 received


aknip View Post
Mike,
thanks for your response.
I have bought the license and posted it to the forum (appended it to your thread).
aknip

Congrats on becoming a MC owner I think you made the right choice.

One thing comes to mind, make sure it is the only data series on the chart and see if the problem still occurs.

Mike

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.
6)
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.

 
  #190 (permalink)
Elite Member
Germany
 
Futures Experience: Advanced
Platform: NinjaTrader
 
Posts: 112 since Sep 2009
Thanks: 47 given, 127 received


Zoethecus,

good questions... ;-)
I see it from a quite pragmatic point of view: 99% of all traders use time/volume/tick based charts (me, too) and thus the software manufacturers do not focus on exotic chart types like Renko. I can understand that.

On the other hand MC seems to have an open ear to their user's feedback - let's see if they fix this bug. From my point of view it seems to be no big deal.

As an active trading system developer I am interested in and get used to develop systems from scratch. This includes programming of indicators or strategies etc. If the platform is robust and stable that's fine for me.
I can definitely say that MC is still very stable and robust and feels much more responsive and "snappy" comparted to Ninja - but that might a very subjective point of view after one week of working with the product.

aknip


Zoethecus View Post
Aknip,

Why on God's green earth is it so difficult for these platforms to simply follow the algo instructions and execute a trade based on satisfied conditions regardless what type of chart is used in a backtest. I really feel badly for you having to jump through all these hoops (like overlaying a time chart on a Renko) to accomplish something that shouldn't be too difficult natively.

The only reason I can think of at this point is there is no integrity to the historical tick database these platform vendors use and, as a result, the backtests have no resemblance to reality. What do you think?



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