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Time interval of MC and TS


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Updated by ABCTG
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Time interval of MC and TS

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  #1 (permalink)
Mianyang China
 
Experience: Beginner
Platform: Multicharts
Broker: broker: Oanda
Trading: HSI, DAX, ES
 
Posts: 81 since Aug 2017
Thanks: 18 given, 9 received

Hi Guys,
Here is my market, rb 1805 (reinforced steel bar, a heavy traded future contract in China, daily volume more than 4 million). It has a strange trading session, that is, 1st begins at 21:00-23:00, then 9:00-10:15, then 10:30-11:30, then 13:30-15:00. See the pic.


That is 345 minutes. It can be scaled by 3X5X23. If I use a 30 min bar chart, or 1 hour, 2 hour, the last bar of the 21:00-23:00 session has insufficient time and volume and price! So I figured out to use 5 ,15, 23 ,69 min bars. If I use 23 min bar, I should have 15 bars for a "session day", see pic



In Tradestation, this works perfect.

While in Multicharts, problem comes.






So those last bar in any intraday session, just end at the end of the session,has insufficient time!

How can I fix this?

Thanks

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  #2 (permalink)
Hamburg Germany
 
Experience: Advanced
Platform: Multicharts, Tradestation
Broker: DTN IQ
Trading: ES
 
Posts: 2,192 since Apr 2013
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jiaqiangmit,

I am not sure if I understand you correctly, but Multicharts will break time based bars at a session change.
You could try to customize your session settings to only have one session in MC and see if this gives you the desired result.

Regards,

ABCTG

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  #3 (permalink)
Mianyang China
 
Experience: Beginner
Platform: Multicharts
Broker: broker: Oanda
Trading: HSI, DAX, ES
 
Posts: 81 since Aug 2017
Thanks: 18 given, 9 received



ABCTG View Post
jiaqiangmit,

I am not sure if I understand you correctly, but Multicharts will break time based bars at a session change.
You could try to customize your session settings to only have one session in MC and see if this gives you the desired result.

Regards,

ABCTG

This contract's one-day session is totally 345 minutes, broken into 4 intraday-sessions. If I use 23 min interval bar chart, there should be 15 bars for a one-day session, which is exactly the same in Tradestation. However, in Multicharts, I got 17 bars, and in every intraday-session, the last bar ends with the session end, so the last bar is insufficient in time.

So how can I configurate the Multicharts to work the same as Tradestation, that is, not to end a bar when the intraday session ends.

the pic, tradestation's 23 min bar charts, the "right" one, with 15 bars each "day".


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  #4 (permalink)
Hamburg Germany
 
Experience: Advanced
Platform: Multicharts, Tradestation
Broker: DTN IQ
Trading: ES
 
Posts: 2,192 since Apr 2013
Thanks: 385 given, 1,427 received

jiaqiangmit,

as far as I am aware you can't change that MC behavior, but I'd suggest to contact their support directly as there might be solutions I am unaware of.
Please keep us updated here, as it might help others.

Regards,

ABCTG

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  #5 (permalink)
Mianyang China
 
Experience: Beginner
Platform: Multicharts
Broker: broker: Oanda
Trading: HSI, DAX, ES
 
Posts: 81 since Aug 2017
Thanks: 18 given, 9 received


ABCTG View Post
jiaqiangmit,

as far as I am aware you can't change that MC behavior, but I'd suggest to contact their support directly as there might be solutions I am unaware of.
Please keep us updated here, as it might help others.

Regards,

ABCTG

Thank you. Till now I found both MC and TS have their own edge, so I use them the same time.

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  #6 (permalink)
Hamburg Germany
 
Experience: Advanced
Platform: Multicharts, Tradestation
Broker: DTN IQ
Trading: ES
 
Posts: 2,192 since Apr 2013
Thanks: 385 given, 1,427 received

I feel the same way and that's also why I think there is no "the best platform". It all depends on the task that you want to do with a specific platform.

Regards,

ABCTG

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December 8, 2017


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