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Multicharts Discretionary - Anybody trading with it?


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Multicharts Discretionary - Anybody trading with it?

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  #11 (permalink)
Las Vegas, USA
 
Experience: Master
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The Dom in MC is excellent. I like the single-click limits and stops with the left-mouse button.

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  #12 (permalink)
Columbus, Ohio, US
 
Experience: Intermediate
Platform: MultiCharts
Broker: Multiple/Multiple
Trading: ES, EUR/USD
 
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At this point, MultiCharts 7 Beta and MCDT are one and the same in terms of stability and performance. The only difference is that MCDT doesn't have PowerLanguageEditor and Portfolio Backtester, and it's free. In all other respects, they are the same.

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  #13 (permalink)
Lahore, Pakistan
 
 
Posts: 3 since Jun 2011
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All versions of MultiCharts are very trader-friendly tools facilitating profitable trading.

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  #14 (permalink)
Sarasota FL, USA
 
Experience: Advanced
Platform: TradeStation
Trading: Futures
 
Posts: 4 since Jun 2011
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I've been attempting to get to grips of it over the past 4 months given the unresolved issues with TS which MC doesn't appear to suffer. I'm auto trading and am nearly there, hope to have it sorted this week.

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  #15 (permalink)
New Zealand
 
 
Posts: 72 since Jun 2011
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I'm not entirely comfortable with it but I think it is an issue of trust and lack of validation testing.

One thing I am enjoying greatly is the fact that I can install it on all my computers. Thats one issue I have with trading software, I got multiple computers in different places and I want to be able to access my charting software from all of them.

With Multicharts DT, I can do that.

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  #16 (permalink)
Colorado
 
Experience: Advanced
Platform: MultiCharts
Broker: IB & Iqfeed
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goukotegawa View Post
Is the connection between MC and IB TWS stable ? Any disconnection?

** As long as your internet connection is good, the connection between MC and IB TWS is solid.
TWS does do a reset at midnight est, so you'll need to restart TWS then, (unless you have a macro re-connect it for you) but during regular trading hours it's excellent. I've been using that combo for over 2 years..no problems.

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  #17 (permalink)
Columbus, Ohio, US
 
Experience: Intermediate
Platform: MultiCharts
Broker: Multiple/Multiple
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Posts: 168 since Oct 2010
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There is nothing I can really add to this thread, since personal opinions are very subjective. I think trusting a platform really comes from experience - try using it for a while using a paper account, and see how it performs for yourself.

I can say that the IB connection is one of the more popular ones with our clients, the IB API is robust (meaning it allows many things like FA accounts, and server-side OCO), and based on experience of our support it's pretty stable.

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  #18 (permalink)
Zurich
 
Experience: Advanced
Platform: Matlab, Excel
 
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MultiCharts View Post
There is nothing I can really add to this thread, since personal opinions are very subjective. I think trusting a platform really comes from experience - try using it for a while using a paper account, and see how it performs for yourself.

I can say that the IB connection is one of the more popular ones with our clients, the IB API is robust (meaning it allows many things like FA accounts, and server-side OCO), and based on experience of our support it's pretty stable.

My experience with MC - slow execution compared to TT and CQG even with a "fast broker", I have tried them all, its also full of bugs, i am sticking to TT and CQG Trader.

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  #19 (permalink)
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Tati View Post
My experience with MC - slow execution compared to TT and CQG even with a "fast broker", I have tried them all, its also full of bugs, i am sticking to TT and CQG Trader.

Interesting, I've never had any problems with slow execution whatsoever with MultiCharts. Which broker are you using for your tests?

If you are talking about milliseconds, then yes I agree X_Trader and CQG are faster by milliseconds, but also substantially more expensive. They really aren't geared to the same target customer as say MultiCharts or NinjaTrader or Sierra Chart, etc etc.

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  #20 (permalink)
New York, NY
 
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Tati View Post
My experience with MC - slow execution compared to TT and CQG even with a "fast broker", I have tried them all, its also full of bugs, i am sticking to TT and CQG Trader.

Is it the final release you're on that you found full of bugs? Can you elaborate?

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