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

  #481 (permalink)
Trading Apprentice
italy
 
Futures Experience: Beginner
Platform: tradestation
Favorite Futures: es,gold
 
Posts: 20 since Oct 2010
Thanks: 11 given, 4 received

From multicharts support,
Dear Francesco,

In MultiCharts this value is 0.04 second. If you have any further questions, please do not hesitate to contact us

The following user says Thank You to tici88 for this post:
 
  #482 (permalink)
Elite Member
Milan (I)
 
Futures Experience: Advanced
Platform: Ninjatrader
Broker/Data: Kinetick
Favorite Futures: FDAX,6E,CL,YM,NQ,ES
 
redratsal's Avatar
 
Posts: 1,653 since Oct 2010
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redratsal View Post
It is customizable from 100 times each sec to 1 time each 10 sec

The information I sent is for replay purposes.

 
  #483 (permalink)
Trading Apprentice
Princeton, New Jersey, USA
 
Futures Experience: Intermediate
Platform: Tradestation, InfinityAT
Favorite Futures: ES
 
Posts: 24 since Nov 2010
Thanks: 14 given, 9 received


I don't know what's the thoroughput of services such as IQFeed or Zen-Fire, or how much data would push it to its limit. In other words, at what point does the difference become noticeable?

 
  #484 (permalink)
Elite Member
Milan (I)
 
Futures Experience: Advanced
Platform: Ninjatrader
Broker/Data: Kinetick
Favorite Futures: FDAX,6E,CL,YM,NQ,ES
 
redratsal's Avatar
 
Posts: 1,653 since Oct 2010
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Paladin View Post
I don't know what's the thoroughput of services such as IQFeed or Zen-Fire, or how much data would push it to its limit. In other words, at what point does the difference become noticeable?

There is a correlation of factors especially if you are trading tick by tick charts which relate to precision and correct datafeed:

-Latency
-Filtering/Unfiltering
-Timestamping
-Historical Data for backtesting

Fore Elite members, LukeGeniol has made an interesting study on data feeds https://futures.io/elite-circle/3873-analysis-comparison-different-data-feeds-platforms-bid-ask-studies.html

The following user says Thank You to redratsal for this post:
 
  #485 (permalink)
Elite Member
Houston,Tx
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Mirus Futures/Zen-Fire
Favorite Futures: TF
 
ThatManFromTexas's Avatar
 
Posts: 2,302 since Feb 2010
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Has anyone mentioned that this is an awesome thread...

I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
 
  #486 (permalink)
Trading Apprentice
Hannover / Germany
 
Futures Experience: Advanced
Platform: X_Trader / Multicharts / Sierra Chart
Broker/Data: Mirus Futures/Zen-Fire, Velocity / TT
Favorite Futures: GC,6E,ES
 
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Posts: 32 since Aug 2010
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Big Mike View Post
When you create the chart in MultiCharts use the 'merge' option on the instrument tab, then select one instrument (from quotemanger) for historical --- iqfeed if you want --- and then add a 2nd instrument for real-time (from quotemanager).

Personally I would just use IQfeed for both in this instance, but you can do it like the above, you just have to maintain two instrument mappings in quotemanager for each symbol -- one for iqfeed, one for zen. Another useful thing would be to have two separate charts of CL for instance, one powered by iqfeed (live) and one zen, so you can see the difference between the two.

Mike

works really perfect.
But can anyone explain me the different between in IQfeed:
CLH11
QCLH11

the Plus + is for combined sessions and the #C for adjusted data historical, so far so good.

For Zenfire RT I use: CLH1 => works
For IQFeed I use: CLH11 => works, too but 3-5 ticks different

?

 
  #487 (permalink)
Elite Member
New York, NY
 
Futures Experience: Advanced
Platform: NinjaTrader, Multicharts
Favorite Futures: ES, CL, 6E, Bunds
 
Posts: 125 since Apr 2010
Thanks: 68 given, 108 received


Big Mike View Post

I really, really like MultiCharts for charting. They are clean, crisp, responsive, just lots of small things that make a difference for me I guess. I like how simple it is to add something on/off the chart, temporarily hide it, etc. I like how each chart can be driven by its own data source. Too many things to list in one post, just read the whole thread

That said, if you already own NT7 and it is working for you, then why change to MultiCharts. NT7 has one of the best DOM's in the business. I switched because NT was not working for me.

Mike

Thanks Mike! I finally did get it to work, realized I had an old MBDesktop client which was the issue. So far like DT very much but need to play with it. Don't own NT but would happily pay for it however need to see how MC works for me. Not too concerned about DOM as I havent really used it.. might be something to look into but I do really just like chart trading.. either way have some time until I'm back on live..

Out of curiosity one thing that did occur to me and figured someone here might know.. Is there a way in anyone of these platforms to tell it to work off the BID when chart trading? For example, lets say I go short and trail a stop; on the chart as it stands now if the ask hits the price it gets you out so I usually end up putting in the difference manually, however would there be a way for you to tell the software to execute the ask (or buy) on a bid price?

Thanks

Phil

 
  #488 (permalink)
Trading Apprentice
Princeton, New Jersey, USA
 
Futures Experience: Intermediate
Platform: Tradestation, InfinityAT
Favorite Futures: ES
 
Posts: 24 since Nov 2010
Thanks: 14 given, 9 received


razorbuzz View Post
works really perfect.
But can anyone explain me the different between in IQfeed:
CLH11
QCLH11

the Plus + is for combined sessions and the #C for adjusted data historical, so far so good.

For Zenfire RT I use: CLH1 => works
For IQFeed I use: CLH11 => works, too but 3-5 ticks different

?

QCLH11 is globex, CLH11 is pit, CLH11+ is obsolete.... it's for the time when pit and globex were not trading side by side. So it only will apply if you're looking at some older charts.

Also of note: Q prefix applies to nymex and comex, in the same way that @ prefix applies to cme and cbot.

The following user says Thank You to Paladin for this post:
 
  #489 (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, 83,214 received


razorbuzz View Post
works really perfect.
But can anyone explain me the different between in IQfeed:
CLH11
QCLH11

the Plus + is for combined sessions and the #C for adjusted data historical, so far so good.

For Zenfire RT I use: CLH1 => works
For IQFeed I use: CLH11 => works, too but 3-5 ticks different

?

There are several contract options with IQfeed.

The Q means electronic session. Without it you get pit only (not good). If you prefix with +, like +CL, it is combined session. I've briefly looked at #C but personally I've setup QuoteManager to create a custom contract, a continuous contract that rollsover based on volume of the front month.

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.

 
  #490 (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, 83,214 received



philhm View Post
Out of curiosity one thing that did occur to me and figured someone here might know.. Is there a way in anyone of these platforms to tell it to work off the BID when chart trading? For example, lets say I go short and trail a stop; on the chart as it stands now if the ask hits the price it gets you out so I usually end up putting in the difference manually, however would there be a way for you to tell the software to execute the ask (or buy) on a bid price?

For MultiCharts you can add a bid/ask dataseries so that your strategy can look to data2 or data3 for the bid and ask. For instruments like CL or ES, it is probably much easier to just add 1 tick of slippage, because it is extremely rare that the spread is more than 1 tick.

You can also tell MultiCharts to only count a trade as executed if price penetrates the price, so a long limit order would require price to go 1 tick 'against' you before it would be counted as filled, and a long profit target would need to trade 1 tick 'beyond' your target to be considered filled. These are options in the strategy menu.

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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