Multicharts: Importing tick data (and converting it to minute bar data)
I have recently started using Multicharts and I am currently facing some issues while importing and using tick data.
I didn't find any other post on the forum about this issue, but I imagine some of you might probably had the same issue.
I am using tick data shared here in "Official GomRecorder and QCollector tick data sharing thread".
I was able to import the tick data correctly through the Quote Manager, and I can even view the data in the charts.
The problem is I can see Tick resolution charts ONLY... when I click to view other higher resolutions (like 1 minute charts or 1 hour charts) I get an empty chart with a message on the right top corner saying "No Data". Which makes it impossible for me to backtest my strategies on those time frames.
So... I wonder why Multicharts doesn't do the conversion from tick data to minute bar data itself.
And if it is not possible to automatize the process, do you have any suggestions on how to convert the tick data to minute bar data, inside Multicharts, or maybe using a third party tool?
This is really important to me, since it is the last issue stopping me to use Multicharts. If you have workarounds, I will have no words to thank you!
you might want to ask this question in the official MC forum, maybe the developers can help you or at least you make them aware of that problem.
As far as I am aware MC keeps tick, minute and daily data separate and you would have to convert the data yourself most likely (preferably write code that does it for you within MC or with an external program).
I actually found a solution myself.
What you have to do is:
1 - Open the Chart with tick data resolution
2 - Choose 60 seconds resolution (the chart will display 1m bars nicely)
3 - Export the data (with 60 second resolution), from File Menu
4 - Open the Quote manager again and import the minute data inside the same instrument you have already imported the tick data before
That's it, you are done!
Let me know if you have any doubts!
The following user says Thank You to pedrosimao for this post: