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MultiCharts chart traing qestion.
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Created: by SigTrader Attachments:0

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MultiCharts chart traing qestion.

  #1 (permalink)
Elite Member
Minnesota United States of America
 
Trading Experience: Beginner
Platform: Looking at Ninja Trader and eSignal.
Favorite Futures: Stocks
 
Posts: 14 since Feb 2014
Thanks: 21 given, 0 received

MultiCharts chart traing qestion.

Good evening all.

I am struggling with platform choice. Think I am narrowed down to MultiCharts or eSignal.

I plan to swing trade/day trade stocks using bracket orders as i still have a full time day job. Does Multicharts seem like a match?

With Multicharts I read in Big Mikes survey if you are using IQ Feed your order will not show up on chart unless you use IB Feed. Is that still true with Version 8.8?

Any ideas on a broker that would flow nice with MultiCharts? I want IQ Feed if it will work.

Thanks for any input.......My mind is turning to jello thinking about.

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  #2 (permalink)
 Vendor: www.abctradinggroup.com 
Hamburg Germany
 
Trading Experience: Advanced
Platform: Multicharts, Tradestation
Broker/Data: DTN IQ
Favorite Futures: ES
 
Posts: 1,892 since Apr 2013
Thanks: 312 given, 1,169 received

SigTrader,

just to make sure IQ Feed is a data provider and you would need an additional brokerage account to be able to trade with Multicharts.
What you can do for example is using IQ and IB together i.e. chart the symbol with IQ data and trade on the IB symbol using Multichart's symbol mapping feature. This way your orders would appear on the chart data even when the symbol is coming from IQ Feed.

Regards,
ABCTG

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  #3 (permalink)
Elite Member
Minnesota United States of America
 
Trading Experience: Beginner
Platform: Looking at Ninja Trader and eSignal.
Favorite Futures: Stocks
 
Posts: 14 since Feb 2014
Thanks: 21 given, 0 received


Thanks ABCTG.

I see several traders have this same setup. Being new to this it looks a little intimidating getting all this hooked togeather and setting up to work. Will dig deeper.

Have a good night.

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  #4 (permalink)
 Vendor: www.abctradinggroup.com 
Hamburg Germany
 
Trading Experience: Advanced
Platform: Multicharts, Tradestation
Broker/Data: DTN IQ
Favorite Futures: ES
 
Posts: 1,892 since Apr 2013
Thanks: 312 given, 1,169 received

SigTrader,

as most platforms and data providers offer a trial it might be a good idea to testdrive your choices to help you in deciding.

Regards,
ABCTG

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