Is MultiCharts done? EOL? No future development?

Jura · August 13th, 2015, 09:55 AM

Alphachase

Let's the thread starter say.

I like to think that here at futures.io (formerly BMT) we're smart enough to make up our own mind, individually.

Personally, I also find this thread somewhat ironic since we never had "EOL discussions" about NinjaTrader before they released NT 8 beta, which was a few years without significant updates. So why should we start to discuss MultiCharts "EOL" now, even after their CEO statement and despite their track record of frequent new releases?

I thought as traders we value behaviour (price action) over suggestions (ideas without a backtest).

August 13th, 2015, 12:48 PM

Alphachase

Dear @slickiam could you be a little bit more specific on that and shed some light on what you are trying to say us please?

i don't think the thread is mc only and nothing more.

the info was shared as something new for mc users and other traders

BUT it was not about mc only as the topic! it was not and it is not from my pov

and these are just facts.
and it's not my special opinion.

one should be attentive to see what it is

i'm not interested in to make additional comments.
i made no comments in this thread to explain any facts.

as a trader i will wait for facts to use them.
very simple.

(sorry for my Eng)

August 13th, 2015, 01:00 PM

Jura

I like to think that here at futures.io (formerly BMT) we're smart enough to make up our own mind, individually.

Personally, I also find this thread somewhat ironic since we never had "EOL discussions" about NinjaTrader before they released NT 8 beta, which was a few years without significant updates. So why should we start to discuss MultiCharts "EOL" now, even after their CEO statement and despite their track record of frequent new releases?

I thought as traders we value behaviour (price action) over suggestions (ideas without a backtest).

if 2/3 of top mens will leave
and NT owners will try to sell the business
then we will start to say it

imho

August 21st, 2015, 06:37 AM

Many russian traders was buy MC, for work with MOEX exchange and US,EU markets.
MC create datafeed with USB dongle, ONLY! for russian traders LOL

, and people no can run this on VPS servers.
After MOEX change delivery time on stock, MC not fix their adapter now as 2 years, and ignore traders.
All not comfortable threads and post deleted on MC forum.

I now test MC 9.1b, she overload IB datafeed after download 2 ticker with 1 month intraday history, MC not have elementary history data downloader, if you have error in datafeed and database, they offer clear all base, or manual Crtl + R redownload hundreds tickers

Not compare NT7 without updates few year, and "new" release MC, MC lost money and time for traders.

Jura · August 22nd, 2015, 02:32 AM

TCust

(...) she overload IB datafeed after download 2 ticker with 1 month intraday history (...)

This is a known limitation of the IB datafeed: https://www.interactivebrokers.com/en/software/api/apiguide/tables/historical_data_limitations.htm It doesn't has anything to do with the program; it happens with NinjaTrader too.

August 22nd, 2015, 04:10 AM

No, this curve hands of programmers and not optimized data request. NT, AMI, SC correct download history, several days on per request. This situation and if download ticks from IQFeed, ESignal, Barcharts, not real for hundreds stock's.

MC platform lost serious traders, and develop WEB charts for lamers, at this stage, it gives them more money is not lost fashion on their charts.

August 22nd, 2015, 05:14 AM

This video is posted Slic, already laid out on their forum, 2 months ago and asked about the prospects, they just delete thread.

My diagnosis, they turn into something like a WLD, with sluggish development, and complete disregard for traders.

Jura · August 22nd, 2015, 06:15 AM

TCust

No, this curve hands of programmers and not optimized data request. NT, AMI, SC correct download history, several days on per request. This situation and if download ticks from IQFeed, ESignal, Barcharts, not real for hundreds stock's.

Really?

NinjaTrader support says here:

Quoting

Interactive Brokers has a limitation in place for the amount of data that can be requested at one time. You would need to load a smaller set of instruments at a time, and then load the next set. Either by opening workspaces one at a time or windows with data such as Market Analyzers or Charts.

And Sierra Chart here:

Quoting

When using Interactive Brokers, the required historical chart data is downloaded from Interactive Brokers. You can experience problems when this historical data is downloaded. The Interactive Brokers historical data system is not always reliable and works as you would expect. This historical data is also called backfill.

You may experience a problem where the Interactive Brokers backfill system does respond, but does not give you data and this is known as a pacing violation or possibly the data is just not available. For information about pacing violations, refer to the Pacing Violations section.

You may experience a problem where historical data is not downloaded at all because the Interactive Brokers historical data system does not respond resulting in both a delay with chart updating and missing data.

So I'm not sure where you get your facts from, but all trading platforms have limitations in how much data they can download from IB. It's imply how IB's API works.

Jigsaw Trading · August 22nd, 2015, 02:36 PM

I have been working with MC over the past 3 months, on the 9.1 platform. I have been chatting regularly with Dennis & his support team too as I've been integrating to their platform.

I've also been chatting with Dan at Amp who, after Ninja went "full broker" - helped a number of IBs move to MultiCharts SE as a replacement to the previously open Ninja platform.

So MC are actively developing a new version. Not only 9.1 but I also know about a few changes going into 9.2.

AMP with MC are actively looking at the gap left by Ninja when they moved to a broker model.

So whilst anything is possible - this sure doesn't look like a company that is ramping down. The reverse in fact.

August 22nd, 2015, 06:03 PM

Jura

Really?

Absolutely

I have NT8b, NT7, MC, AMI and know how program work, and how many download historycal data, before have" pacing violation".

Ok, we will not dispute in this thread.

Is MultiCharts done? EOL? No future development?

Discussion in MultiCharts

Is MultiCharts done? EOL? No future development?