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

  #651 (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

More realistic figure is my preference. It doesn't make much difference with futures (generally tight spread) but can be significant for small cap stocks.
Since you mentioned a sooner than expected beta 2:
DOM - it needs to be a container within the workspace (like chart, scanner, position tracker windows)
Otherwise, it's an annoying separate app window that is in the way of other apps when minimizing or moving MC.


MultiCharts View Post
We just discovered an interesting behavior, which concerns those of you who use IB. We would like to seek your opinion on what to do. We have heard reports that IB PnL is slow to update, and we found out why.

IB and some other programs calculate the PnL by comparing your entry price to the last TRADE price. We on the other hand thought it conceptually proper to compare your entry price to the price which allows you to exit your position, i.e. if you are long, PnL is the distance from the entryprice to the bestask, and if you are short the PnL is the entryprice to bestbid. The reason is this - it gives you a more realistic picture. If you compare the PnL to the last Trade, but there is a huge spread, it may appear to you that you have, let's say $2000 profit. You see this $2000 profit, and all exited, you close - but because the spread is huge you end up breakeven, or even with a loss. This is an extreme example, but that's what caused us to do it this way.

The problem comes from this, we pulled up the Times and Sales in Interactive Brokers TWS and the LAST field is updated much more frequently than the ask and the bid fields (about 5 times more often). So, it takes us a while until the next ask or bid comes.

The million dollar question is - do we keep it the way it is, or match IB?
-If we keep it the way it is, it's more accurate in our opinion, but it doesn't match IB and updates slower than IB.
-If we match IB, the updates and matching will be solved, but it won't be as accurate as we think it deserves to be.

Your opinions?


 
  #652 (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: 29,353 given, 83,234 received

I think the DOM has to be separate like it is now. I have my main MC window minimized, and charts and DOM undocked.

So the best features are the ones where the user can choose his own preference

Mike

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  #653 (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
I think the DOM has to be separate like it is now. I have my main MC window minimized, and charts and DOM undocked.

So the best features are the ones where the user can choose his own preference

Mike

I agree, users should be able to pick - that's the spirit of MultiCharts. The challenge is NOT to create so many features that users drown in them. In the case of PnL, I think we will allow both modes of calculations (stored in IB broker profile), and you can choose which one you like.

MultiCharts - Raising the Trading Standard.
Please send me a private message if you have any further questions about MultiCharts
The following 2 users say Thank You to MultiCharts for this post:
 
  #654 (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


MultiCharts View Post
I agree, users should be able to pick - that's the spirit of MultiCharts. The challenge is NOT to create so many features that users drown in them. In the case of PnL, I think we will allow both modes of calculations (stored in IB broker profile), and you can choose which one you like.

Having both calculations will be good. I would also like to vote for the DOM colours and fonts to be customizable.

Another feature that I miss is the ability to save and pick the exit strategies for the DOM.

 
  #655 (permalink)
Elite Member
Norway
 
Futures Experience: Advanced
Platform: MultiCharts, CQG, NinjaTrader
Broker/Data: CQG, DTN IQFeed
Favorite Futures: EURO
 
Laurus12's Avatar
 
Posts: 376 since Nov 2010
Thanks: 557 given, 349 received


Big Mike View Post
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

Hello Mike,

Could you please tell us/me how you have set up your custom contract?

I've been looking at the symbol guide and have found the @ES# and @ES#C (Front Month back-adjusted history) as alternatives, but it would be nice to know from what you wrote how you have set up yours.

Thanks,
Laurus

“If you wish to see the truth, then hold no opinions for or against anything.” - Hsin Hsin Ming
 
  #656 (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

The DOM should have the same capability as the other objects and how they interface with the workspace.
You want it separate - separate it. You want it in a workspace - dock it. It's the same functionality that is available elsewhere.
To state "I think the DOM should be separate like it is now" is ignorant and unhelpful. Not everyone operates the same way and the ability to dock is something that should have been offered from the beginning. Otherwise, what was the point of workspaces?


Big Mike View Post
I think the DOM has to be separate like it is now. I have my main MC window minimized, and charts and DOM undocked.

So the best features are the ones where the user can choose his own preference

Mike


 
  #657 (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
 
razorbuzz's Avatar
 
Posts: 32 since Aug 2010
Thanks: 10 given, 11 received

attached Orders

Hi,
I use the MCDT Beta with Zen-fire as trading feed, and IQfeed for historical.
When I now place an order and attach and Exit-Strategy i.e Master Strategy only the order were filled and the attached order ( Exit strategy) are not. They don't listed in the position tracker and don't shown in the chart. The strategy is for my opionen not attached.

Has anyone the same ?
regards
razor

 
  #658 (permalink)
Elite Member
las vegas
 
Futures Experience: Intermediate
Platform: Sierra Chart
Broker/Data: Velocity/IB
Favorite Futures: 6E
 
Posts: 1,147 since Feb 2010
Thanks: 304 given, 836 received


Snoop View Post
The DOM should have the same capability as the other objects and how they interface with the workspace.
You want it separate - separate it. You want it in a workspace - dock it. It's the same functionality that is available elsewhere.
To state "I think the DOM should be separate like it is now" is ignorant and unhelpful. Not everyone operates the same way and the ability to dock is something that should have been offered from the beginning. Otherwise, what was the point of workspaces?

Yeah, you big dummy. Giving your opinion then stating the best thing is for everyone to have a choice. I tell you BM, you really got some nerve man.

 
  #659 (permalink)
Elite Member
las vegas
 
Futures Experience: Intermediate
Platform: Sierra Chart
Broker/Data: Velocity/IB
Favorite Futures: 6E
 
Posts: 1,147 since Feb 2010
Thanks: 304 given, 836 received

I'm sorry BM, I just had to vent. I really didn't mean to go off on you like that.





 
  #660 (permalink)
Elite Member
kuala lumpur, Malaysia
 
Futures Experience: Intermediate
Platform: Looking for options
Broker/Data: Oanda,IB,Lmax
Favorite Futures: FOREX
 
kami's Avatar
 
Posts: 31 since Mar 2011
Thanks: 13 given, 10 received


Anyone know that MC 7 will have ATM strategies and direct jforex api for dukascopy ?

i love ATM in ninja 7 so if if MC 7 does have it together with jforex api to dukascopy i will consider to purchase.

TQ


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