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Multicharts compatible with Velocity Futures?


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Multicharts compatible with Velocity Futures?

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  #1 (permalink)
 josh 
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Can I use MultiCharts to place trades through Velocity? MC is not listed on Velocity's web site but MC can use TT feeds, so I'm curious.

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 gurusys 
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I was told by a Velocity rep that you can connect to MC using the TT FIX adapter with no additional equipment fees .
He had no specific details other than to start with MC support.

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 josh 
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Thanks gurusys--but it's true that there is no backfill data provided, correct?

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 gurusys 
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Josh, I don't know. I didn't inquire about data cause I already was using IQFeed.

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 josh 
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Ok, thanks!

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 Big Mike 
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There is no backfill on TT on MultiCharts. Best to use something like IQfeed in this case. This is a TT missing feature as they just don't provide backfill. Platforms like Sierra and Ninja have their own historical servers for some customers and that is why you see backfill there.

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 josh 
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Thanks for the replies everyone--I will continue to use NT for my needs then, as it will save me $80 a month in data from IQFeed and $40 difference between NT and multicharts. My only cost will then be the $60 per month fee for NT.

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 Big Mike 
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josh View Post
Thanks for the replies everyone--I will continue to use NT for my needs then, as it will save me $80 a month in data from IQFeed and $40 difference between NT and multicharts. My only cost will then be the $60 per month fee for NT.

Good deal. If you are looking for another charting option, Sierra Chart would be the way to go. Free backfill with TT and also the least expensive of the three by a good margin, including totally free for Velocity customers. You can also get it free from Optimus Futures.

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  #10 (permalink)
 sysot1t 
 
 
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I acquired MC during their 2 for 1 promotion, I have been testing strategies with VCAP via TTFIX adapter.. so that it is clear MC will work RT with any TTFIX provider.. so anyone that gives your TTIFX Adapter will work with MC, including their new MC7...

as Mike stated, TT is a RT feed, so there is no backfill... but then again, so is ZF/Rithmic and CQG (unless you get historical added) ... so best to always use another alternative for backfill, or just setup QM to capture the data and have it running 24x7...


josh View Post
Can I use MultiCharts to place trades through Velocity? MC is not listed on Velocity's web site but MC can use TT feeds, so I'm curious.


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 josh 
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Big Mike View Post
Good deal. If you are looking for another charting option, Sierra Chart would be the way to go. Free backfill with TT and also the least expensive of the three by a good margin, including totally free for Velocity customers. You can also get it free from Optimus Futures.

Mike

Thanks Mike--I have tried SC and while I like it, I find the DOM too awkward for managing trades--it's just aesthetics mostly, but it does not "sing" to me. I was really on the verge of crossing over, but in the end it just didn't feel right.

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 Big Mike 
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Downloaded the new MC7 beta but having trouble getting the DOM to work with TT.

I just get 'waiting for data'. I verified all the info, it seems correct, the lookup database works, it connects correctly...

Anyone care to share working settings? @syscot1?

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 Big Mike 
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Big Mike View Post
Downloaded the new MC7 beta but having trouble getting the DOM to work with TT.

I just get 'waiting for data'. I verified all the info, it seems correct, the lookup database works, it connects correctly...

Anyone care to share working settings? @syscot1?

Mike

nevermind - solved it. Don't use lookup from dom, just add to quotemanager w/o custom contract - worked.

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 Big Mike 
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Alright, well -- second question. Can't solve the price scale. As is on 6E is formatted like "14,280" instead of "1.4280". I tried copying settings from DTN which work perfect on my charts, but can't make it work with TT feed.

Anyone have working QM settings for proper decimal position on 6E with TT? I know TT sends as integers only, so maybe this is an @MultiCharts bug as if it is TT compatible there should be a workaround.

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 vegasfoster 
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I downloaded the MCDT and couldn't get it to connect to Velocity. Did you have to enter port, clearing account, and FFT2 or are those left blank? Thanks.

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vegasfoster View Post
I downloaded the MCDT and couldn't get it to connect to Velocity. Did you have to enter port, clearing account, and FFT2 or are those left blank? Thanks.

Server IP
Order comp id/target id/password/port

Price comp id/target id/password/port

You can get the info off Velocity portal, or since you use SC you can look there too. For me my port was 10501 (order) and 10502 (price).

Then account #. I left clearing and FFT2 blank.

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 candy 
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Big Mike View Post
Alright, well -- second question. Can't solve the price scale. As is on 6E is formatted like "14,280" instead of "1.4280". I tried copying settings from DTN which work perfect on my charts, but can't make it work with TT feed.

Anyone have working QM settings for proper decimal position on 6E with TT? I know TT sends as integers only, so maybe this is an Mutlicharts bug as if it is TT compatible there should be a workaround.

Mike

Mike:
I have asked Multi this very question about proper price format for TT and they told me that it was the way TT was sending the data....in whole numbers. When I contacted TT, they told me that they have no decimals in their price quotes. The only solution Multi offered was to change the global setting on your PC for the currency format settings. NOT a pratical solution most obviously. If you use any other data feed that has the right price format and you make the global change to satisfy TT...the other data would be wrong.

I have had other issues with TT on Multi with corrupt data on my charts. Mutli said they are working on fixing the problem, so we'll see how it goes.

Hope that helps!

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 Big Mike 
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candy View Post
Mike:
I have asked Multi this very question about proper price format for TT and they told me that it was the way TT was sending the data....in whole numbers. When I contacted TT, they told me that they have no decimals in their price quotes. The only solution Multi offered was to change the global setting on your PC for the currency format settings. NOT a pratical solution most obviously. If you use any other data feed that has the right price format and you make the global change to satisfy TT...the other data would be wrong.

I have had other issues with TT on Multi with corrupt data on my charts. Mutli said they are working on fixing the problem, so we'll see how it goes.

Hope that helps!

TT is a big company. MC needs to just add this work around in QM as an option for TT guys, so we can format it right. All the QM options don't work, and it seems they should, sounds like a bug to me.

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 josh 
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For anyone who uses Multicharts through Velocity Futures and IQFeed for their historical data, do you get the CME fees waived? For IQFeed it was about $85 per month for most CME data, but I think when I asked Velocity they said to get the CME fees waived, I had to use Ninja. Not sure why since the CME site lists MultiCharts and Velocity futures are compatible brokers for this program.

My NT lease is almost up and the fact that my rectangle objects drawn for support/res areas disappear randomly is killing me, this is a known bug, but they are too lazy to fix it. If I can get set up with multicharts DT since I don't use any custom indicators or need strategy/automation, I will switch before week's end. But paying $200+ for data when I was getting it for $85 sounds a little steep.

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 sysot1t 
 
 
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josh View Post
For anyone who uses Multicharts through Velocity Futures and IQFeed for their historical data, do you get the CME fees waived? For IQFeed it was about $85 per month for most CME data, but I think when I asked Velocity they said to get the CME fees waived, I had to use Ninja. Not sure why since the CME site lists MultiCharts and Velocity futures are compatible brokers for this program.

My NT lease is almost up and the fact that my rectangle objects drawn for support/res areas disappear randomly is killing me, this is a known bug, but they are too lazy to fix it. If I can get set up with multicharts DT since I don't use any custom indicators or need strategy/automation, I will switch before week's end. But paying $200+ for data when I was getting it for $85 sounds a little steep.

as per the IQF site..

Welcome ELWAVE Customer to IQFeed! - Fast, Reliable, Affordable. Datafeeds and API.

Here is a list of software the CME Group has approved due to their ability to execute trades through a qualifying broker. Hopefully this list will grow as the CME Group approves additional partner products.
  • Nirvana Systems
  • QuoteTracker
  • NeoTicker
  • NinjaTrader
  • ATRADER
  • Investor/RT
  • MultiCharts
  • Sierra Chart
  • Market Delta

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 josh 
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Thank you sysot, this is the site I was referencing in my post--I'd like someone who actually has this setup to confirm though, as I mentioned that Velocity told me I had to use NT to have the fees waived.

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 cory 
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josh View Post
For anyone who uses Multicharts through Velocity Futures and IQFeed for their historical data, do you get the CME fees waived? For IQFeed it was about $85 per month for most CME data, but I think when I asked Velocity they said to get the CME fees waived, I had to use Ninja. Not sure why since the CME site lists MultiCharts and Velocity futures are compatible brokers for this program.

My NT lease is almost up and the fact that my rectangle objects drawn for support/res areas disappear randomly is killing me, this is a known bug, but they are too lazy to fix it. If I can get set up with multicharts DT since I don't use any custom indicators or need strategy/automation, I will switch before week's end. But paying $200+ for data when I was getting it for $85 sounds a little steep.

Sierrachart has a feature extend hight light rectangle, you click a high and a low point and SC will extend the hight light between those 2 points forever to the right.

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 josh 
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cory View Post
Sierrachart has a feature extend hight light rectangle, you click a high and a low point and SC will extend the hight light between those 2 points forever to the right.

Thanks cory, I really like this... my only beef with sierra was the DOM and chart trading... I just don't like the look and feel of it very much. I was crazy about SC for a while but in the end it would up feeling a little "flimsy" for some reason to me.

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 sysot1t 
 
 
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josh View Post
Thank you sysot, this is the site I was referencing in my post--I'd like someone who actually has this setup to confirm though, as I mentioned that Velocity told me I had to use NT to have the fees waived.

I use TT FIX Adapter and I have it... keep in mind that with Velocity NT7 runs via TTFIX.. so anything using TTFIX has it anyhow... it really comes down to the sales rep.. so just ask for someone else to support you.

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 Big Mike 
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You can PM @Dale Box for a direct answer.

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 josh 
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Thanks guys for the info, PM'd Dale.

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 MetalTrade 
 
 
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sysot1t View Post
as per the IQF site..

Welcome ELWAVE Customer to IQFeed! - Fast, Reliable, Affordable. Datafeeds and API.

Here is a list of software the CME Group has approved due to their ability to execute trades through a qualifying broker. Hopefully this list will grow as the CME Group approves additional partner products.
  • Nirvana Systems
  • QuoteTracker
  • NeoTicker
  • NinjaTrader
  • ATRADER
  • Investor/RT
  • MultiCharts
  • Sierra Chart
  • Market Delta

No x-trader ?

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 Dale Box 
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MetalTrade View Post
No x-trader ?


Unfortunately not. I get X_TRADER users asking me about that a lot.

Thanks for posting this.

If you have any questions about our services at Velocity Futures please send me a private message.
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 Big Mike 
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Tip


I'd like to remind everyone that Thr 16th @ 4:30pm Eastern we're hosting a MultiCharts webinar, and handing out (2) lifetime licenses, plus (2) winners will also receive (2) hours of custom programming time for any indicator or strategy programming needs.



There is also a Q&A session if you want to get your questions answered.




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 philhm 
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All,

I could have swore I read that you can combine IQ with the TT feed so I have backfill.. Is this true or am I imagining things? I didn't see this option anywhere on the QM or the platform.

Thanks

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 Big Mike 
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philhm View Post
All,

I could have swore I read that you can combine IQ with the TT feed so I have backfill.. Is this true or am I imagining things? I didn't see this option anywhere on the QM or the platform.

Thanks

In QuoteManager, you'll setup two separate instruments (one for TT, one for IQFeed).

Then in MultiCharts, when you load a chart, you can specify that IQFeed source is for historical, and TT source is for live. Or, I would say just use solely IQFeed for charting, and then do symbol mapping to "map" the TT symbol to the IQFeed symbol if you want to trade from the chart.

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