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MC vs. MC.NET


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MC vs. MC.NET

  #1 (permalink)
 deltastrike 
California
 
Experience: Intermediate
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I'm thinking about making the switch from MC to MC.NET. My reasoning is that C# is a superior language that allows more flexibility, additionally there are just broader benefits to knowing how to program in C#. Are my assumptions correct? Can anyone shed some light on the differences between the two?

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  #2 (permalink)
 Aufidius 
Seattle,WA
 
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using a standardized programming language has quite a few advantages. "EasyLanague" for example can't be used outside of MC or other trading platforms so it has little use. C# can be used to build web applications, database applications etc...

for example, I use NT which is C# and I have it integrated with an external database, web application, and machine learning tools all developed in c#. As you move into more advanced applications the ability to use C# becomes quite helpful.

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 Fu510n 
Suffield, CT
 
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C# is definitely a lot more extensible and has a broader base of support, especially when leveraging professional tools like Visual Studio, etc. If you're still learning to code, learning C# is a worthwhile investment of your time.

That being said (and having used both versions), I find I can implement & test trading strategies WAY faster in EasyLanguage than in C# - the overhead of OO and the number of lines of code required to effectively do the same thing keeps me tied to EL at the moment (though looking into R now as I basically need better performance/parallelism for back-testing that neither NinjaTrader, Multichart or most other retail platforms provide).

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 deltastrike 
California
 
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Fu510n View Post
C# is definitely a lot more extensible and has a broader base of support, especially when leveraging professional tools like Visual Studio, etc. If you're still learning to code, learning C# is a worthwhile investment of your time.

That being said (and having used both versions), I find I can implement & test trading strategies WAY faster in EasyLanguage than in C# - the overhead of OO and the number of lines of code required to effectively do the same thing keeps me tied to EL at the moment (though looking into R now as I basically need better performance/parallelism for back-testing that neither NinjaTrader, Multichart or most other retail platforms provide).

My .02,
-Guy

Thanks for your .02, Aufidius too. Like I said, my goal would be to learn C# and eventually apply it beyond MC.NET as my trading advances.

EL is definitely easy, but it seems to have severe limitations. One of the main reasons why I would like to switch to .net sooner rather than later is because MC doesn't seem to be able to execute trades beyond the scope of charts/bars (at least from what I can tell) without "work-arounds". Entering trades with a precise and timely limit order seems within the realm of possibility with MC.NET with no need to reference bars or charts.

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Last Updated on June 19, 2015


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