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

  #291 (permalink)
Elite Member
las vegas
 
Futures Experience: Intermediate
Platform: Sierra Chart
Broker/Data: Velocity/IB
Favorite Futures: 6E
 
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Fat Tails View Post
once the have added the DOM.

I feel like freakin Joseph waiting for Rachael here. Leah means "cow" by the way.

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  #292 (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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Fat Tails View Post
Problem solved: User error

I need to select "Download Historical Data", when establishing a connection. For unknown reasons this option was disabled.

Main problem: You needs months until you understand all the details of a new software. It is a tedious learning process. So if I start with MultiCharts today, I will earliest be operational by mid-2011. LOL.

Happy that it was a user error. Means that MultiCharts remains an option for me, once the have added the DOM.

Glad you solved it

I think the more time you spend with it, the more you will like it. That is how it was with me. The learning curve at first was big (mainly because I was so used to how NT did it), but then it was truly worth it in the end.

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.

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  #293 (permalink)
Elite Member
Quebec
 
Futures Experience: Intermediate
Platform: NinjaTrader wt Rancho Dinero's profiling tools
Broker/Data: Stage 5 trading/AMP/CQG
Favorite Futures: ES, NQ, YM
 
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Posts: 3,697 since Oct 2009
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Big Mike View Post
Glad you solved it

I think the more time you spend with it, the more you will like it. That is how it was with me. The learning curve at first was big (mainly because I was so used to how NT did it), but then it was truly worth it in the end.

Mike

Mike , just out of curiosity and since you wrote many times that you prefer to trade without indicators or any fancy widgets i suppose your needs are pretty basic as a trader. In fact, if i read you correctly, you just need a platform that can print bars on the screen. Anything else is just a plus. In that sense, what makes you so excited about Multichart ? Is it just because of your love/hate relation you developed with Ninjatrader that caused you to change platform ?

 
  #294 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
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Posts: 9,652 since Mar 2010
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trendisyourfriend View Post
Mike , just out of curiosity and since you wrote many times that you prefer to trade without indicators or any fancy widgets i suppose your needs are pretty basic as a trader. In fact, if i read you correctly, you just need a platform that can print bars on the screen. Anything else is just a plus. In that sense, what makes you so excited about Multichart ? Is it just because of your love/hate relation you developed with Ninjatrader that caused you to change platform ?


If you spend more time with your trading platform than with your wife or dogs, you get emotionally attached. Working with NinjaTrader can hence cause emotional disorder, so I guess that the attachment to MultiCharts is just a sign of relief.

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  #295 (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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trendisyourfriend View Post
Mike , just out of curiosity and since you wrote many times that you prefer to trade without indicators or any fancy widgets i suppose your needs are pretty basic as a trader. In fact, if i read you correctly, you just need a platform that can print bars on the screen. Anything else is just a plus. In that sense, what makes you so excited about Multichart ? Is it just because of your love/hate relation you developed with Ninjatrader that caused you to change platform ?

As you can see from my threads on the forum, I do still enjoy writing the occasional indicator or strategy. Writing them is much more enjoyable in MultiCharts than in NinjaTrader. But, I do not rely on them as a means of earning a living. My discretionary trading is very "simple" compared to most people on the forum.

Still, the platform itself is important. NT would constantly lock up just on launch (constant workspace problems). NT would constantly lock up when switching charts. NT would constantly lock up when switching time frames. I had to constantly repair or reset the database. Not even mentioning any indicator or strategy backtesting specific issues.

No doubt, many people don't experience these problems. If they are happy with NT then that's great news. However, many do experience the same problems. I got tired of them and switched to a stable platform. I was spending all my time being a software tester and troubleshooter instead of trading.

But it's more than that, I believe MultiCharts is positioned to innovate new features that I may find useful, whereas NT is not. This is because MultiCharts, in my opinion, has a stable base code set and great engineering resources, whereas NT seems to spend most of its time on dealing with problems instead of innovating. MultiCharts is making advancements at a far faster rate than NinjaTrader, just look at their changelog and announcements section and compare the two companies. There is really no comparison in my opinion, I feel MultiCharts is superior, which is why I use it. Until they add a DOM though, most NinjaTrader users cannot use MultiCharts. Luckily, it is being added immediately.

Anyway, you can read "The Truth" thread about NinjaTrader if you wish. For me, I am very happy with MultiCharts and I feel I have made the best possible choice.

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.

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  #296 (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, 83,221 received

Here is the URL for the project management (bug tracking+feature requests):

MultiCharts Project Management

Very proud of MultiCharts for doing this. Can't say enough!



It's only been running a few days, but this is truly fantastic.

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.

The following 4 users say Thank You to Big Mike for this post:
 
  #297 (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, 83,221 received

Hopefully this will help someone else.

Symbology for DX (US Dollar Index) and TF (Russel mini) with Zen Fire on MultiCharts:

DX: "DX FM<m>00<yy>!" where there are TWO SPACES between DX and FM, then <m> is month digit code (U=Sep, Z=Dec, etc) and then 00, then <yy> is two digit year (10 is 2010), then an exclamation mark!

Holy crap batman... what a mess.

So thee net result for DX Dec 10 futures:
 
Code
"DX  FMZ0010!" w/o the quotes (remember it needs to be two spaces between DX and FM)
For Russel just use TF.

Exchange is NYBOT.

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.

 
  #298 (permalink)
 Vendor: www.multicharts.com 
Columbus, Ohio, US
 
Futures Experience: Intermediate
Platform: MultiCharts
Broker/Data: Multiple/Multiple
Favorite Futures: ES, EUR/USD
 
MultiCharts's Avatar
 
Posts: 168 since Oct 2010
Thanks: 74 given, 170 received


Big Mike View Post
Holy crap batman... what a mess.

Thanks for this Mike, even I get confused with Zen-Fire symbols. They have sent me a document in the past for the symbol information, but that seems to have changed since then. I will ask them for another one, and update everyone once I have it.

MultiCharts - Raising the Trading Standard.
Please send me a private message if you have any further questions about MultiCharts
 
  #299 (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, 83,221 received

If you think Cumulative Volume Delta is important to MultiCharts, please vote this new feature request up.

I know @FulcrumTrader asked them already, but I couldn't find an official entry in the PM.

MultiCharts Project Management - Issue MC-25 - Add Cumulative Volume Delta capabilities

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.

The following 2 users say Thank You to Big Mike for this post:
 
  #300 (permalink)
Elite Member
Toronto, Ontario
 
Futures Experience: Advanced
Platform: NinjaTrader, Multicharts
Broker/Data: IB, IQfeed
Favorite Futures: ES, CL
 
Snoop's Avatar
 
Posts: 203 since Oct 2009
Thanks: 135 given, 161 received


Nice to see the feature request option. I have one I'll add as well.

FYI, browsing the MC forum and noticed part of a post yesterday by an MC rep:
"Regarding manual trading, it is planned to be implemented in the middle of November."

A few weeks away...


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