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

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

Mike,

Yes, it's the only data series.

I am working on my first (complex) indicator and making good progress. The drawing functions of MC are a little bit limited (only lines, no rectangulars etc.) but I get used to it.

BTW: MC's approach of defining functions with more than one result value is really strange (declare inputs as "pseudo-outputs") - at this point I really miss C# or a similar OO language...

aknip


Big Mike View Post
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


 
  #192 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
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Big Mike's Avatar
 
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aknip View Post
Mike,

Yes, it's the only data series.

I am working on my first (complex) indicator and making good progress. The drawing functions of MC are a little bit limited (only lines, no rectangulars etc.) but I get used to it.

BTW: MC's approach of defining functions with more than one result value is really strange (declare inputs as "pseudo-outputs") - at this point I really miss C# or a similar OO language...

aknip

There is a good trick for drawing rectangles on the MC forum. I am heading to bed or I would link for you, but try searching for rectangle. Their drawing tools are fine for my needs, there are trade offs vs Ninja, both good and bad. Since you prefer to deal with non-time based charts, remember to use the _s versions of most the drawing tools so you get more granular control (the _s means seconds).

To be honest, I actually prefer MultiChart's method for functions. Yes, it took me an hour to figure out how the hell to return a value, or multiple values. But once I did, I was fine with it. It's not that particular "feature" I prefer, it's the whole design structure that I prefer. It is so much cleaner now to re-use frequent functions within different strategies.

Mike

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  #193 (permalink)
Membership Revoked
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aknip View Post
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.

But the issues for accurate backtesting aren't limited to the exotic data series. ANYTHING ofther than time is subject to inconsistencies, including Range, Renko, Volume, and Tick .

It's particularly galling when the vendors offer these chart types natively, knowing that backtesting and of course optimizing with them is an exercise in futility.

 
  #194 (permalink)
Site Administrator
Manta, Ecuador
 
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Posts: 46,240 since Jun 2009
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This really is not the right thread for this. With aknip's approval, this entire exchange on renko issues can be moved to the MultiCharts thread.


Zoethecus View Post
But the issues for accurate backtesting aren't limited to the exotic data series. ANYTHING ofther than time is subject to inconsistencies, including Range, Renko, Volume, and Tick .

It's particularly galling when the vendors offer these chart types natively, knowing that backtesting and of course optimizing with them is an exercise in futility.

I don't agree with that statement. Please tell me more about your MultiCharts testing with volume, range, and tick and the inconsistencies you discovered in backtesting and optimizing.

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.

 
  #195 (permalink)
Site Administrator
Manta, Ecuador
 
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Posts: 46,240 since Jun 2009
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The last 14 posts came from the HugoHurley automated strategy thread. Since they described a problem with MultiCharts it was better to move them to this thread than clutter up the strategy thread.

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.

 
  #196 (permalink)
Trading for Fun
Dallas TX/USA
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: AMP/CQG
Favorite Futures: ES
 
Posts: 154 since Jun 2009
Thanks: 33 given, 281 received


aknip View Post
BTW: MC's approach of defining functions with more than one result value is really strange (declare inputs as "pseudo-outputs") - at this point I really miss C# or a similar OO language...

I guess you are saying you'd make a new object or struct every time you want to return multiple things. Ok, but I thought I should point out that C#'s approach to multiple return values is pretty much exactly the same as Easylanguage's approach. Same with C's approach, and most other c-style languages. So, it's really not strange at all. In fact, languages like Lisp and Scheme with native support for multiple return values are in the minority, language-wise.

10.5.1.3 Output parameters (C#)

 
  #197 (permalink)
Elite Member
nn
 
Futures Experience: Intermediate
Platform: ninja
Broker/Data: IB
Favorite Futures: forex, futures
 
Posts: 13 since Dec 2009
Thanks: 2 given, 17 received

I just started using MC and am getting my data from IQfeed. One thing I noticed is that unlike NT, MC doesn't
seem to have a way to "filter out" bad prints? nothing exotic, just plain 5min or 30 min bar charts. Curious to see if there is a workaround in MC?

 
  #198 (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

Don't know what instrument you are tracking, but how do you know there are bad prints? I have never had issues with IQ, but I only follow pretty standard instruments. Never had issues with Zen for that matter either.

 
  #199 (permalink)
Elite Member
nn
 
Futures Experience: Intermediate
Platform: ninja
Broker/Data: IB
Favorite Futures: forex, futures
 
Posts: 13 since Dec 2009
Thanks: 2 given, 17 received

I am wrong it was a knee jerk towards a new instrument (IWM) 11:11:41 leveraged and volume did confirm. Sorry for mixup.

 
  #200 (permalink)
Trading Apprentice
India
 
Futures Experience: Intermediate
Platform: TS/MC
Favorite Futures: NF,Oil,NatGas
 
Posts: 31 since Oct 2009
Thanks: 33 given, 22 received


MC support said , they will introduce DOM/ MarketMatrix by this Fall.


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