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NinjaTrader or Multicharts


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NinjaTrader or Multicharts

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  #31 (permalink)
New York, NY
 
 
Posts: 47 since Oct 2011
Thanks: 49 given, 70 received


Silver Dragon View Post
At the time, its been at least a year ago, there was very little you could do with Sierra as far as custom indicators go.

Bottom line: If all I was doing was charting I would be using Sierra. If you want custom indicators and strategies you can program down to smallest detail then NT is what you should use. Just be aware of NT stability issues.

As far as I know, if it can be done in C++, Sierra will do it. There are alot of things I haven't tried, though, so someone please correct me if this is not true - but that is my understanding (and I believe also stated as such in the documentation on Sierra's site - if I remember correctly).

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  #32 (permalink)
Charlotte, NC
 
Experience: Beginner
Platform: Ninjatrader
Trading: Futures
 
Posts: 56 since Sep 2011
Thanks: 13 given, 32 received

About backtesting, the only backtesting that works correctly is market replay. Ninjatrader works great at 500x forward speed for market replay. I asked multicharts and their maximum speed is only 100x.

Why is that ?

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  #33 (permalink)
Columbus, Ohio, US
 
Experience: Intermediate
Platform: MultiCharts
Broker: Multiple/Multiple
Trading: ES, EUR/USD
 
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Posts: 168 since Oct 2010
Thanks: 74 given, 171 received


In case anyone needs it, posted here -

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  #34 (permalink)
Market Wizard
Berlin, Europe
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
Trading: Keyboard
 
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Posts: 9,840 since Mar 2010
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Big Mike View Post
OK, decided to see what the fuss was about.



Basically you are not permitted to download MCDT until you "Recommend"/Like the page on Facebook. I don't have, nor want, a Facebook login and it is a requirement to have a login to use the button. You cannot just click the button and not login to Facebook, it still will not let you proceed to Download until you have completed the "Recommend".

Mike

We can discuss the technical features of NinjaTrader and MultiCharts, but certainly not the marketing side.

The idea to force potential customers into a Facebook account is absolutely ridiculous. If MultiCharts want to sell their software to customers who actually use it for trading their accounts, they should target the typical trader, who I believe is male, over 50 years old and has accumulated enough money to trade an own account.

This target group is not on facebook. I do not have a facebook account and I will not open an account, just because a software seller asks me to do so.

The marketing of NinjaTrader is ways more clever. You can download the software for free, you can play around with it, code sophisticated indicators, use the simulation feature. You only have to buy it, if you want to connect it to an account. I bought the NinjaTrader license a few years ago, as I wanted to connect it to my real account. That marketing approach worked for NinjaTrader.

I think that MultiCharts is an interesting alternative to NinjaTrader, but why should I spend $ 1,200 or become a member of Facebook (this would not even allow me to code any indicators) just to find out how it works? Could it be that MultiCharts merits a better marketing?

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  #35 (permalink)
london, UK
 
Experience: Beginner
Platform: NT7
Trading: TR909
 
Posts: 58 since Aug 2010
Thanks: 41 given, 36 received

I used to get annoyed having to complete the std email request login prior to the FB "like" thing, to the point i would not try the updated versions.

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  #36 (permalink)
Prague / Czech Republic
 
 
Posts: 1 since Sep 2011
Thanks: 0 given, 1 received

I thought my first post will be different but I just have to do it. Seriously, you guys need to take a break. You can try Multicharts for free for 30 days without need to have FB account (which was said already earlier but seems lot of ppl missed it). Same goes for paid version. So whats the problem? Let me guess. You looking for high quality software for free. Seriously? How many things you get really for free? I personally don't see anything wrong what so ever with this marketing strategy. I switched from NT to MC DT and never looked back. I like the product, I want Multicharts to evolve so I recommended it to few other real traders not only because I think its a great product but I also see steady progress and competent development and support team. I'm thinking about buying it in the future. Thats how it works. Most real traders I know are at 25-35 years range... To Multicharts: keep up good work and good luck.

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  #37 (permalink)
Columbus, Ohio, US
 
Experience: Intermediate
Platform: MultiCharts
Broker: Multiple/Multiple
Trading: ES, EUR/USD
 
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Posts: 168 since Oct 2010
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gktk View Post
this works: <link>

I used to get annoyed having to complete the std email request login prior to the FB "like" thing, to the point i would not try the updated versions.

I think it's time to put an end to this pointless discussion. MultiCharts DT is a free quality product that a team of 40 people spent 6 years creating - all we ask for giving it away is that you tell others about it. If you don't like it, or the Facebook requirement - nobody is forcing you to use the product. There is always the free 30 day trial of the full product with no such requirement, so there's nothing more to discuss.

But as long as you are using our product, don't act in bad faith. Everyone has to go through our site to get MCDT and posting a direct link is a violation of our policy. Beside it just being a rude move on your part, it'll do no benefit in the long-run. Please remove that link, or we'll just have to make it dynamic.

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  #38 (permalink)
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  #39 (permalink)
Market Wizard
Berlin, Europe
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
Trading: Keyboard
 
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Posts: 9,840 since Mar 2010
Thanks: 4,238 given, 26,585 received

I am a fan of George Orwell's book 1984.

I am not a fan of Facebook... The "Like" button seems to follow the rules of Newspeak.

I like MultiCharts.


Platform Updates: New User Object fields, Edge.remove Event and More - Facebook Developers

Rogue Facebook apps can now access your home address and mobile phone number | Naked Security

Over 50% of Shoppers are Logged In to Facebook While on Ecommerce Sites Sociable Labs Marketing Blog

Facebook Nears Settlement on Charges It Misled Users on Privacy - WSJ.com


I am not going to sell my soul just to try out the digital edition.

I agree with @Andrel, the free trial of the standard edition allows me to evaluate the software, so I am not crying foul.

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  #40 (permalink)
london, UK
 
Experience: Beginner
Platform: NT7
Trading: TR909
 
Posts: 58 since Aug 2010
Thanks: 41 given, 36 received


many apologies, never realised it was a violation of your terms.

yes, a great FOC product as i mentioned on your forum.



MultiCharts View Post
I think it's time to put an end to this pointless discussion. MultiCharts DT is a free quality product that a team of 40 people spent 6 years creating - all we ask for giving it away is that you tell others about it. If you don't like it, or the Facebook requirement - nobody is forcing you to use the product. There is always the free 30 day trial of the full product with no such requirement, so there's nothing more to discuss.

But as long as you are using our product, don't act in bad faith. Everyone has to go through our site to get MCDT and posting a direct link is a violation of our policy. Beside it just being a rude move on your part, it'll do no benefit in the long-run. Please remove that link, or we'll just have to make it dynamic.


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