NexusFi: Find Your Edge


Home Menu

 





HMA and Double stochastic for Multicharts.net


Discussion in MultiCharts

Updated
      Top Posters
    1. looks_one 10kTrader with 6 posts (2 thanks)
    2. looks_two TheShrike with 3 posts (0 thanks)
    3. looks_3 mattz with 3 posts (3 thanks)
    4. looks_4 uspilotzzz with 3 posts (0 thanks)
    1. trending_up 6,745 views
    2. thumb_up 7 thanks given
    3. group 6 followers
    1. forum 17 posts
    2. attach_file 0 attachments




 
Search this Thread

HMA and Double stochastic for Multicharts.net

  #11 (permalink)
 
TheShrike's Avatar
 TheShrike 
Bridgeport, Ct
 
Experience: None
Broker: Tasty
Trading: Fops
Posts: 533 since Jun 2012
Thanks Given: 1,588
Thanks Received: 922


Jura View Post
The problem with these black & white statements like 'there are no developers' and 'no one uses MultiCharts .NET' is that they can easily be falsified. Even here on Futures.io there are at least two developers; @ABCTG and myself.

If you meant to say "I can't find a developer who has the time and interest in doing free work for me", then you might be right. But I'm not sure that's something specific to MultiCharts .NET; with other platforms there's also only a couple percent of all users that can be that generous with their time. Perhaps most people are simply too busy to take on extra work in their free time?

I don't mean to take away anything from you or ABCTG. I'm sure there are others on this forum that code for MultiCharts as well. It was meant more figuratively. The number of people doing coding for MultiCharts in relation to other platforms is low which is why he may be having trouble finding what he was looking for. No disrespect intended.

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
Build trailing stop for micro index(s)
Psychology and Money Management
ZombieSqueeze
Platforms and Indicators
Online prop firm The Funded Trader (TFT) going under?
Traders Hideout
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
59 thanks
Funded Trader platforms
37 thanks
NexusFi site changelog and issues/problem reporting
23 thanks
GFIs1 1 DAX trade per day journal
22 thanks
The Program
19 thanks
  #12 (permalink)
 10kTrader 
Los Angeles, CA
 
Experience: None
Platform: NT7, TS, TOS
Trading: Emini ES NQ CL GC FX
Posts: 14 since Apr 2016
Thanks Given: 14
Thanks Received: 5


Jura View Post
The problem with these black & white statements like 'there are no developers' and 'no one uses MultiCharts .NET' is that they can easily be falsified. Even here on Futures.io there are at least two developers; @ABCTG and myself.

If you meant to say "I can't find a developer who has the time and interest in doing free work for me", then you might be right. But I'm not sure that's something specific to MultiCharts .NET; with other platforms there's also only a couple percent of all users that can be that generous with their time. Perhaps most people are simply too busy to take on extra work in their free time?

First off I am happy to know that users are contributing. And second, that's great to know there are developers. Just to clarify...I stated in my post that I wondered if the original poster had purchased MC .NET indicators as part of the inquiry, or found a developer, or ultimately learned to program C#. So I am not necessarily looking for free. Just a Multicharts .NET ECOSYSTEM not unlike the expansive NinjaTrader Ecosystem. Isn't that part of the reason why Multicharts developed the .NET version. In the hopes that since their add-ons/indictors were programmed in C# that would make it sensible for these NinjaTrader developers to migrate the C# indicators over to MC.NET platform and add additional market share. Well...one would hope...


Reply With Quote
  #13 (permalink)
 
mattz's Avatar
 mattz   is a Vendor
 
Posts: 2,493 since Sep 2010
Thanks Given: 2,440
Thanks Received: 3,789



TheShrike View Post
It's not an untapped market. No one uses MultiCharts because there is no development which causes people to move to other platforms. With no users, there's no point in developing anything and then you get the stagnation. I think most people just get frustrated and hop over to a platform that actually has a community built around it.

Where are you coming up with this? "With No Users"? "stagnation?"

MultiCharts is actually the one development team that moves from beta to real environment in a fairly short time, and works very closely with their traders. I suggest that you take a look at their blog periodically like here so you can actually see that their never stopped working on envelopment: MultiCharts Blog

It's sad that you just throw blank statements like this because you just base them on your narrow world of the net discussions.
MC has a large group of users, and while other platforms may grab the spotlight from an exposure stand point, I find that many users on other platforms do not trade on it but sit, develop,test, repeat cycle.

A point to consider: Most traders do not develop their own products and trade with what the platform offers natively.

Thank you,
Matt Z
Optimus Futures
There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email [email protected]
Reply With Quote
Thanked by:
  #14 (permalink)
 10kTrader 
Los Angeles, CA
 
Experience: None
Platform: NT7, TS, TOS
Trading: Emini ES NQ CL GC FX
Posts: 14 since Apr 2016
Thanks Given: 14
Thanks Received: 5


mattz View Post
Where are you coming up with this? "With No Users"? "stagnation?"

MultiCharts is actually the one development team that moves from beta to real environment in a fairly short time, and works very closely with their traders. I suggest that you take a look at their blog periodically like here so you can actually see that their never stopped working on envelopment: MultiCharts Blog

It's sad that you just throw blank statements like this because you just base them on your narrow world of the net discussions.
MC has a large group of users, and while other platforms may grab the spotlight from an exposure stand point, I find that many users on other platforms do not trade on it but sit, develop,test, repeat cycle.

A point to consider: Most traders do not develop their own products and trade with what the platform offers natively.

Thank you,
Matt Z
Optimus Futures
There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

Thanks Matt. I looked and see that Multicharts is a responsive Beta to Test developer. What I am seeing as a new user of MC .NET is that it doesn't have the ECOSYSTEM of say a NT7 or TS. If MC .NET is possibly an entry level version of MC then from my understanding ....the 2 versions underlying indicator development are incompatible. MC indicators are built using easy power language (i.e. TradeStation) and MC .NET is uses VB and C# on .net (i.e. NinjaTrader7). Please clarify if I am misunderstanding this. Also if this has been discussed and clarified on another thread please point me in that direction. I do not want to start another. Also I do not mean to detract from the poke the bear statement you referred to about Mulicharts not having development. But as a new futures trader I want a platform that there is development/developer community. I don't want to waste my time on a platform that lacks a community. The reason I ask is that I have TradeStation indicators and am faced with creating/programming those in C# since I find MC .NET has a miniscule ecosystem. This means that the developers that make the indictors I like for TradeStation don't make it for Multicharts .NET. Thus my search for MC .NET indicator vendors. Also there is the confusion that if I do see a developer that states indicators for Multicharts. I have to ask and clarify if it is Multicharts (original using Power Language) or Multicharts .NET (C#/VB). See my confusion and frustration. This is similar to Android OS issue of multiple versions. It creates a headache! Anyhow I will start learning C# to program Multicharts .NET since that is the hand I've been played. Until someone posts that a MC .NET Ecosystem community has developed. Again I would appreciate constructive feedback or direction. I don't plan on changing platforms at the moment. Multicharts .NET for now. Have a good weekend all the members on this thread!

Reply With Quote
  #15 (permalink)
 
mattz's Avatar
 mattz   is a Vendor
 
Posts: 2,493 since Sep 2010
Thanks Given: 2,440
Thanks Received: 3,789

@10kTrader I have read your comment a number of times in order to understand your direction.
Anything I say below is in order to help you, and I respect that whether you or others disagree with me.
Since your question encompassing quite a lot, I may touch on other topics that may related to you as well.

First, if you have a set if indicators on TS, why do you need them on another platform?
After all, if they proved to work, then why seek them on another platform?
There are so many who say "I am invested in my indicators", and that is one I will never get as a trading philosophy.
How about being invested in yourself as a trader? Then, your approach is rather different and focused on skills and not on trading your indicators better.

Second, despite my feeling about ecosystems, I understand the comfort you get when you can reach out to other people and ask them questions. However, I also think that the competence of the developer you get is extremely important when you develop your tools.

If your idea of an ecosystem is a bunch of guys who sell you indicators "Thus my search for MC .NET indicator vendors" then your approach is not one I share. Buying indicators and searching for them is not the way to go.
Why not approach a competent developer and explain to him the logic behind your system, and he will attempt to work with you?

On a personal note, recently I have wanted to develop a set of indicators for myself out of personal interest.
I consulted with a friend of mine who knows many programming languages and he recommended MT4.
He explained why the display would better and visually more appealing, and how time frames would be better displayed.
The approach I took was rather to consult as oppose to first choose a platform and try to force on it.
To be honest, I wanted to do it on TT first via their algo, but since I lacked all the rules and there was a lot of discretion that could be added to that, my friend decided that MT4 would be way better.
(By the way, TT is the number one order routing platform to the CME. Yet, I did not hear of TT's "ecosystem")

MC does have c# and powerlanguage. consult with a programmer what would be better. Follow what I did.
I also suggest to talk to MC and see what they say.

I hope I was able to give you some direction, although in my entire career I am yet to see anyone dumped their indicators despite any empirical evidence it helps them. Think whether your indicators truly help you, and maybe you can use MC .Net with its own native analysis.

All the best,

Matt Z
Optimus Futures
There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email [email protected]
Reply With Quote
Thanked by:
  #16 (permalink)
 10kTrader 
Los Angeles, CA
 
Experience: None
Platform: NT7, TS, TOS
Trading: Emini ES NQ CL GC FX
Posts: 14 since Apr 2016
Thanks Given: 14
Thanks Received: 5


mattz View Post
@10kTrader I have read your comment a number of times in order to understand your direction.
Anything I say below is in order to help you, and I respect that whether you or others disagree with me.
Since your question encompassing quite a lot, I may touch on other topics that may related to you as well.

First, if you have a set if indicators on TS, why do you need them on another platform?
After all, if they proved to work, then why seek them on another platform?
There are so many who say "I am invested in my indicators", and that is one I will never get as a trading philosophy.
How about being invested in yourself as a trader? Then, your approach is rather different and focused on skills and not on trading your indicators better.

Second, despite my feeling about ecosystems, I understand the comfort you get when you can reach out to other people and ask them questions. However, I also think that the competence of the developer you get is extremely important when you develop your tools.

If your idea of an ecosystem is a bunch of guys who sell you indicators "Thus my search for MC .NET indicator vendors" then your approach is not one I share. Buying indicators and searching for them is not the way to go.
Why not approach a competent developer and explain to him the logic behind your system, and he will attempt to work with you?

On a personal note, recently I have wanted to develop a set of indicators for myself out of personal interest.
I consulted with a friend of mine who knows many programming languages and he recommended MT4.
He explained why the display would better and visually more appealing, and how time frames would be better displayed.
The approach I took was rather to consult as oppose to first choose a platform and try to force on it.
To be honest, I wanted to do it on TT first via their algo, but since I lacked all the rules and there was a lot of discretion that could be added to that, my friend decided that MT4 would be way better.
(By the way, TT is the number one order routing platform to the CME. Yet, I did not hear of TT's "ecosystem")

MC does have c# and powerlanguage. consult with a programmer what would be better. Follow what I did.
I also suggest to talk to MC and see what they say.

I hope I was able to give you some direction, although in my entire career I am yet to see anyone dumped their indicators despite any empirical evidence it helps them. Think whether your indicators truly help you, and maybe you can use MC .Net with its own native analysis.

All the best,

Matt Z
Optimus Futures
There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

Matt Z,

I appreciate your feedback. I am funds restricted thus MC.NET platform. TradeStation futures market data fees are 4 times more expensive than other futures data providers. I guess it means their data is 4 times better. Just kidding. More like overpriced. Is this common with TradeStation? At this time I am tied to TS for stocks. I just noticed that the regular MC is compatible with TS indicators, however, MC.NET is not. I wanted to bring over indicators I use in the stock world over to futures. Thus my search for vendors. Anyhow, I'm dealing with the hand I've been dealt. As to vendor search...I agree with your point. I do not know who these developers are and the quality of their skills. As a result I will work on developing my trading skills instead of relying on possibly suspect indicators. The skills I work on refining are a trading plan, protective stops, money management, realistic expectations (not quiting my day job), working on the patience and discipline, I DO NOT trade against the trend, and have learned aka paid market tuition in regards to overtrading. I am currently reading about seasonality, Golden Ratio, %R, and Fibonacci. I do not want to presume anything. Would you please elaborate on the skills of a Trader to focus on? Definitely better if I do not rely on indicators. Any books like price action or fibonacci application you would recommend? Which is best futures for beginners? ES, YM, CL, NQ, treasuries are what I'm currently considering.

Regards

Reply With Quote
Thanked by:
  #17 (permalink)
 
mattz's Avatar
 mattz   is a Vendor
 
Posts: 2,493 since Sep 2010
Thanks Given: 2,440
Thanks Received: 3,789


10kTrader View Post
Matt Z,

I appreciate your feedback. I am funds restricted thus MC.NET platform. TradeStation futures market data fees are 4 times more expensive than other futures data providers. I guess it means their data is 4 times better. Just kidding. More like overpriced. Is this common with TradeStation? At this time I am tied to TS for stocks. I just noticed that the regular MC is compatible with TS indicators, however, MC.NET is not. I wanted to bring over indicators I use in the stock world over to futures. Thus my search for vendors. Anyhow, I'm dealing with the hand I've been dealt. As to vendor search...I agree with your point. I do not know who these developers are and the quality of their skills. As a result I will work on developing my trading skills instead of relying on possibly suspect indicators. The skills I work on refining are a trading plan, protective stops, money management, realistic expectations (not quiting my day job), working on the patience and discipline, I DO NOT trade against the trend, and have learned aka paid market tuition in regards to overtrading. I am currently reading about seasonality, Golden Ratio, %R, and Fibonacci. I do not want to presume anything. Would you please elaborate on the skills of a Trader to focus on? Definitely better if I do not rely on indicators. Any books like price action or fibonacci application you would recommend? Which is best futures for beginners? ES, YM, CL, NQ, treasuries are what I'm currently considering.

Regards

I think that your input (level of information you are trying to focus on) is much greater than the output (level of knowledge you can realistically implement). More is not always better. I suggest to focus on one method and choose the market that fits your risk tolerance.

Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email [email protected]
Reply With Quote
  #18 (permalink)
 10kTrader 
Los Angeles, CA
 
Experience: None
Platform: NT7, TS, TOS
Trading: Emini ES NQ CL GC FX
Posts: 14 since Apr 2016
Thanks Given: 14
Thanks Received: 5


mattz View Post
I think that your input (level of information you are trying to focus on) is much greater than the output (level of knowledge you can realistically implement). More is not always better. I suggest to focus on one method and choose the market that fits your risk tolerance.

Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

Matt Z,

Thanks for feedback. I will work on your recommendation of less is more...ditch the indicators and become a better trader like you stated.

Reply With Quote
Thanked by:




Last Updated on June 3, 2016


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts