Multicharts, Ninjatrader, or AmiBroker? - MultiCharts | futures.io
futures.io futures trading


Multicharts, Ninjatrader, or AmiBroker?
Started: by Trader146 Views / Replies:184 / 2
Last Reply: Attachments:0

Welcome to futures.io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.


You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike

Reply
 
Thread Tools Search this Thread
 

Multicharts, Ninjatrader, or AmiBroker?

  #1 (permalink)
Elite Member
Atlanta, GA/USA
 
Futures Experience: Beginner
Platform: NinjaTrader Sim
Favorite Futures: CL, ES
 
Posts: 14 since Jan 2015
Thanks: 174 given, 33 received

Multicharts, Ninjatrader, or AmiBroker?

I have been using Ninjatrader in sim mode for the last couple of years as I learned to trade. Now that I have what I believe to be a profitable strategy, I would like to have it coded so I can backtest and automate it. I've read that Multcharts is better than Ninjatrader for backtesting and automation, and now I've run across information that AmiBroker is better than Multicharts. Yet it appears that AmiBroker is seriously lacking in trading features like DOM and chart trading. It that correct? Is there a workaround or add-on?

I'd still like to make discretionary trades and I used both the DOM and chart trading. I also use ATM strategies. I don't want to give up these features. Is AmiBroker really that deficient when it come to trade execution? Should I just go with Multicharts?

Roland aka Trader146

Reply With Quote
 
  #2 (permalink)
Trading Apprentice
Denver CO USA
 
Futures Experience: None
Platform: NT, JForex, Mql4 & 5
Broker/Data: FXCM
Favorite Futures: Forex
 
Posts: 31 since Sep 2016
Thanks: 0 given, 13 received

I'd go with MultiCharts.Net, as opposed to Multicharts, but I like to have all the coding flexibility possible. Just personal opinion, not a big fan of NT, the disclaimer to use NT on my brokers website and trying to code what I call simple strategies, that turned out not so simple (and no help from them either) , let''s just say I prefer almost any other platform.

Reply With Quote
The following 2 users say Thank You to maryfromcolorado for this post:
 
  #3 (permalink)
Trading Apprentice
City Poland
 
Futures Experience: Advanced
Platform: MT4,AmiBroker,MultiCharts
Favorite Futures: FX, futures, options, commodities, stocks
 
Posts: 12 since Sep 2012
Thanks: 1 given, 1 received


I've about 4 years experience with AmiBroker. I's realy good tool for research & testing because possess very quick engine for back-testing. Once I was compering in this case AmiBroker vs MultiChart and run an optimization process in two dimension test with 1281 iterations. The result time:
- AmiBroker : 1 minute, 26 seconds
- MultiCharts : 11 minutes, 2 seconds
So the speed is circa 7 times better in AmiBroker.

But I will never risk to run strategy on real account with AmiBroker because it's not event driven tool like MetaTrader, NinjaTrader, MultiChart.

Reply With Quote

Reply



futures.io > > > > Multicharts, Ninjatrader, or AmiBroker?

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

2016 True Edge Awards: Voting is open until Jan 21!

Now
 

An Afternoon with FIO member Massive l

Elite only
 

Anthony Drager: Pulling the trigger with confidence

Elite only
 

Leo Murphy: The Art and Science of Technical Analysis

Elite only
 

FuturesTrader71: Ask Me Anything

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
AmiBroker or Multicharts Trader146 AmiBroker 1 December 19th, 2016 12:31 AM
Different signals on same time frame, code on Amibroker and Multicharts. milkysahai001 AmiBroker 1 December 7th, 2016 06:23 PM
Different signals on same time frame, code on Multicharts and Amibroker. milkysahai001 MultiCharts 0 December 2nd, 2016 03:54 AM
Convert AmiBroker Formula Language into MultiCharts PowerLanguage p2tr AmiBroker 0 March 24th, 2014 07:28 AM
Backtesting and Research: MultiCharts or AmiBroker dnof AmiBroker 74 February 29th, 2012 03:21 PM


All times are GMT -4. The time now is 02:36 AM.

no new posts
Page generated 2017-01-19 in 0.07 seconds with 19 queries on phoenix via your IP 174.129.78.73