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

  #351 (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: 46,240 since Jun 2009
Thanks: 29,354 given, 83,237 received


David View Post
Does Multicharts support stop limit orders?

I've just read in their forum that it cannot, even in version 7.

That would kill the product stone dead for me. Surely it can't be correct - can it?

That thread is talking about EasyLanguage. And they've added it already to MC7, it is in the alpha build. For discretionary trading, stop limit orders are supported -- look at post 342 and 345 in this thread, you can see it on my screen shots.

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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  #352 (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: 46,240 since Jun 2009
Thanks: 29,354 given, 83,237 received


David View Post
Thanks, Snoop. Thats a relief, though it sounds like a bit of an afterthought.

How is the backtester in MC? I see that they do portfolio back testing, which is good news.

I think it does intrabar tick by tick analysis, but are the MC backtester results reliable? If the backtester is very good, it is probably worth subscribing to MC just for that.

Stop Limit was left out of EasyLanguage. MultiCharts is building on that foundation, and has lots of functions they've added that aren't in the original EL design. That is where you are seeing a lack of Stop Limit. Which has been added in MC7. So I don't think "afterthought" is a correct way to describe it, but thats just me.

For backtesting, I think it has been covered in this thread already, but you can also look at this:
https://futures.io/platforms-indicators/3328-video-multicharts-vs-ninjatrader-strategy-backtesting-optimization.html

Basically, there is no comparison between NT and MC when it comes to backtesting, imo.

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:
 
  #353 (permalink)
Elite Member
UK
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Futures
 
Posts: 88 since Jun 2009
Thanks: 35 given, 84 received



Quoting 
Basically, there is no comparison between NT and MC when it comes to backtesting, imo.

That is good news. The NT backtester has got to be the worst around.

Thanks for clarifying the position about the stop limit orders too.

I am considering subscribing to MC for its backtesting capabilities, if they are superior to Sierra Chart backtesting.

 
  #354 (permalink)
Elite Member
Newcastle, Australia
 
Futures Experience: Intermediate
Platform: Multicharts 8 - Full Version
Broker/Data: IB
Favorite Futures: SPI,FTSE100, 6E, 6A
 
Posts: 285 since Oct 2010
Thanks: 108 given, 177 received

Session and print issues

Hi,

I'm trialling Multicharts and having some issues.
1. I'm using data from a market that has a day session and a night session. When I select the day session and a 5min chart , I see only the bars for the day session. When I then select a daily bar period, the bar reflects the 24hr period not the day session that is still set. How do I get day session bars displayed as daily bars?

2. I bring up a chart on the screen, display all of the bars that I'm interested in ie specific date range. I then do a print preview or direct print, and the result that is displayed or printed is about 2/3 the number of bars that are displayed on the screen. How do I get it to print the actual chart data on the screen not a random subset?

NW27.

 
  #355 (permalink)
Membership Revoked
 
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Posts: 1,081 since May 2010
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Any update on the manual trading mike ?

 
  #356 (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: 46,240 since Jun 2009
Thanks: 29,354 given, 83,237 received


MetalTrade View Post
Any update on the manual trading mike ?

No not really, have been too busy with other things to be beta testing it much.

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.

 
  #357 (permalink)
Membership Revoked
 
Futures Experience: Beginner
 
Posts: 1,081 since May 2010
Thanks: 2,092 given, 595 received

So you still use x-trader ? You didn't switched to the MC dom ? Do you have to pay for a static dom extra per trade ?

 
  #358 (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: 46,240 since Jun 2009
Thanks: 29,354 given, 83,237 received

@NW27 I would go to MultiCharts website during the day and do live support so they can see the issues exactly and resolve them.

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.

 
  #359 (permalink)
Elite Member
Toronto
 
Futures Experience: Beginner
Platform: Multicharts, NT, TWS
Broker/Data: IB
Favorite Futures: ES, ZN
 
Posts: 33 since Jun 2010
Thanks: 17 given, 17 received

Iíd love to hear some feedback as well regarding the new chart trader added in Multicharts v7 and how it is compared to chart trading in Ninja, for example is it possible to setup ATMs similar to what is available on Ninja?
Would Multicharts v7 be a viable alternative to Ninja or does it seem buggy (I know itís an alpha version).

The following user says Thank You to xevian for this post:
 
  #360 (permalink)
Elite Member
Austin, TX & Las Vegas, NV
 
Futures Experience: Advanced
Platform: Investor RT Pro, NT 7.0
Favorite Futures: ES, DAX, CL, 6E
 
FulcrumTrader's Avatar
 
Posts: 230 since Mar 2010
Thanks: 32 given, 286 received


I am testing out some Cumulative Delta Tools for MC, so after I get everything set up and running I will take a look and give you all a report next week (thanks for the email gift Santa!!!).

The following user says Thank You to FulcrumTrader for this post:

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