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Multicharts vs. Meta Trader
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Multicharts vs. Meta Trader

  #11 (permalink)
Just starting out...
Global Citizen
 
Futures Experience: Advanced
Platform: Multicharts, Ninjatrader, Metastock, Tradestation
Favorite Futures: ES, ESTX50, GBP/JPY
 
thetradinghermit's Avatar
 
Posts: 3 since Jul 2010
Thanks: 1 given, 19 received

MC for the win

Personally, I use Multicharts and Metatrader.

Multicharts is the real deal, and what i use for all my charting needs, with strategy building, backtesting, etc. Metatrader is a poor, distant, long-lost and probably in-bred hillbilly cousin that doesn't quite compare, at least in my view. I did a lot of looking before committing to a software package I would keep for the next 5-10 years at least, and came back to Multicharts because for me the charting was second to none...and i'm sure there's features on the software i'll never even get around to discovering...and the multiple data feed capabilities were a blessing.

I use Metatrader basically to place orders on a mini FX account on a seperate PC when I'm trying new things and strategies out without having to commit major dollars, but still keeping it real enough to learn what works and what doesn't. Essentially i don't use metatrader for any charting as i find it somewhat, well, crap...

If you're trading multiple instruments on multiple markets with lots of charts, well, i don't think they can even begin to compare.

In the end though, you have to find what works for you and stick with it...

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  #12 (permalink)
Membership Temporarily Revoked
toronto canada
 
Futures Experience: Intermediate
Platform: Ninja
Favorite Futures: CL
 
Posts: 54 since Jan 2010
Thanks: 92 given, 30 received

Question for you guys regarding MT4 and Multi Charts...I was wondering about the point bars in MC...are they similar to the offline range bar charts that you can use with MT4...are they any differences?...one better/accurate than the other?

I've heard the MT4 offline charts are not the best...I'm not sure what that even means to be honest...just read the way the offline charts are displayed are not as accurate as say ninja's range bar charts...and I don't have access via the forex demo in MC and would like to hear from guys who have experience using both.

Thanks for any thoughts/input

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  #13 (permalink)
Elite Member
Italy (IT)
 
Futures Experience: Advanced
Platform: ATAS, R|Trader, NT8
Broker/Data: Rithmic
Favorite Futures: CL, Brent, GC, TF
 
LukeGeniol's Avatar
 
Posts: 1,501 since Apr 2010
Thanks: 408 given, 974 received



bingo17 View Post
Question for you guys regarding MT4 and Multi Charts...I was wondering about the point bars in MC...are they similar to the offline range bar charts that you can use with MT4...are they any differences?...one better/accurate than the other?

I've heard the MT4 offline charts are not the best...I'm not sure what that even means to be honest...just read the way the offline charts are displayed are not as accurate as say ninja's range bar charts...and I don't have access via the forex demo in MC and would like to hear from guys who have experience using both.

Thanks for any thoughts/input

Ja, for sure range bar (I think point bar in MC) are really more accurate than in MT4, they are build from ticks.

Take your Pips, go out and Live.
Luke.
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  #14 (permalink)
Membership Temporarily Revoked
toronto canada
 
Futures Experience: Intermediate
Platform: Ninja
Favorite Futures: CL
 
Posts: 54 since Jan 2010
Thanks: 92 given, 30 received


LukeGeniol View Post
Ja, for sure range bar (I think point bar in MC) are really more accurate than in MT4, they are build from ticks.

Thanks for the reply Luke...really appreciate it...

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