Multicharts Discretionary - Anybody trading with it? - MultiCharts | futures io social day trading
futures io futures trading


Multicharts Discretionary - Anybody trading with it?
Updated: Views / Replies:8,147 / 35
Created: by NW27 Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • 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.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Multicharts Discretionary - Anybody trading with it?

  #11 (permalink)
Elite Member
Las Vegas, USA
 
Futures Experience: Master
Platform: Ninja, Multicharts, Proprietary
Favorite Futures: Energies
 
Posts: 48 since Jun 2011
Thanks: 1 given, 9 received

The Dom in MC is excellent. I like the single-click limits and stops with the left-mouse button.

Reply With Quote
 
  #12 (permalink)
 Vendor: www.multicharts.com 
Columbus, Ohio, US
 
Futures Experience: Intermediate
Platform: MultiCharts
Broker/Data: Multiple/Multiple
Favorite Futures: ES, EUR/USD
 
MultiCharts's Avatar
 
Posts: 168 since Oct 2010
Thanks: 74 given, 170 received

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.

MultiCharts - Raising the Trading Standard.
Please send me a private message if you have any further questions about MultiCharts
Reply With Quote
 
  #13 (permalink)
Trading Apprentice
Lahore, Pakistan
 
Futures Experience: Advanced
Platform: MultiCharts
Favorite Futures: EUR/USD
 
Posts: 3 since Jun 2011
Thanks: 0 given, 2 received


All versions of MultiCharts are very trader-friendly tools facilitating profitable trading.

Reply With Quote
 
  #14 (permalink)
Geeko
Sarasota FL, USA
 
Futures Experience: Advanced
Platform: TradeStation
Favorite Futures: Futures
 
Posts: 4 since Jun 2011
Thanks: 2 given, 0 received

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.

Reply With Quote
 
  #15 (permalink)
Trading for Fun
New Zealand
 
Futures Experience: Intermediate
Platform: Mac OS X
Broker/Data: MB Trading/AMP/LMAX
Favorite Futures: SL-1210 M5G
 
Posts: 72 since Jun 2011
Thanks: 2 given, 31 received

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.

Reply With Quote
 
  #16 (permalink)
Elite Member
Colorado
 
Futures Experience: Advanced
Platform: MultiCharts
Broker/Data: IB & Iqfeed
Favorite Futures: ES , CL
 
sptrader's Avatar
 
Posts: 533 since Apr 2010
Thanks: 1,080 given, 668 received


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.

Reply With Quote
 
  #17 (permalink)
 Vendor: www.multicharts.com 
Columbus, Ohio, US
 
Futures Experience: Intermediate
Platform: MultiCharts
Broker/Data: Multiple/Multiple
Favorite Futures: ES, EUR/USD
 
MultiCharts's Avatar
 
Posts: 168 since Oct 2010
Thanks: 74 given, 170 received

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.

MultiCharts - Raising the Trading Standard.
Please send me a private message if you have any further questions about MultiCharts
Reply With Quote
 
  #18 (permalink)
Elite Member
Zurich
 
Futures Experience: Advanced
Platform: Matlab, Excel
 
Posts: 4 since May 2010
Thanks: 2 given, 0 received


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.

Reply With Quote
 
  #19 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,220 received


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.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
 
  #20 (permalink)
Elite Member
New York, NY
 
Futures Experience: Intermediate
Platform: Sierra Chart, thinkorswim
Broker/Data: Amp-Rithmic/TT, IB
Favorite Futures: CL, GC, NQ
 
Posts: 569 since Nov 2010
Thanks: 1,797 given, 249 received



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?

Reply With Quote

Reply



futures io > > > > Multicharts Discretionary - Anybody trading with it?

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Building a PC for Discretionary/Automated Trading and Strategy Development nlhaines Tech Support 50 January 13th, 2017 06:18 PM
MultiCharts Webinar: Peter Campbell - Systematic Trading with MultiCharts MultiCharts MultiCharts 25 August 31st, 2015 09:32 PM
How to Optimize a discretionary system AresBowman NinjaTrader 4 August 26th, 2011 06:14 AM
Mechanical trading vs. discretionary trading Arpad Traders Hideout 83 June 22nd, 2011 09:25 AM
Wave Scalping (discretionary) websouth The Elite Circle 35 December 13th, 2010 05:11 AM


All times are GMT -4. The time now is 09:45 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-12 in 0.13 seconds with 19 queries on phoenix via your IP 54.221.93.187