MC7 vs NT7 - Platforms and Indicators | futures io social day trading
futures io futures trading


MC7 vs NT7
Updated: Views / Replies:2,908 / 17
Created: by Treggs 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 – 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 don’t 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
 

MC7 vs NT7

  #11 (permalink)
 Vendor: www.coroin.com 
Galveston ,TX
 
Futures Experience: Intermediate
Platform: NT7
Broker/Data: Zaner
Favorite Futures: Futures
 
Posts: 386 since Mar 2010
Thanks: 364 given, 433 received

i think the bottom line is:
find A platform that works for you (and don't worry about finding THE platform)

cheers,
-e

Reply With Quote
 
  #12 (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


eman View Post
i think the bottom line is:
find A platform that works for you (and don't worry about finding THE platform)

cheers,
-e

Maybe even find the two best platforms that work for you -- because like you said, trying to find the single perfect platform isn't going to happen.

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
 
  #13 (permalink)
Just starting out...
germany
 
Futures Experience: None
Platform: MT4, NT, MC
 
siscop's Avatar
 
Posts: 19 since Sep 2009
Thanks: 16 given, 4 received


I just love the customer support from MC.
MC still has a long way to be my perfect platform but they are on the way to it. The list what features NT “has” and MC “should have” is getting smaller and smaller. Both platforms are IMHO superb and have their advantages in their features of portfolio backtesting, live trading and account management. Just to say that they are comparable is wrong since it really depends what you are looking for.
I am a stock trader and the portfolio backtester of NT is way behind the port.bt from MC. Might be different when you trade forex … I don’t know. – huge pro MC
End of the summer the 64bit version comes out. So no advantages on NT there - equal
You can put stocks in different categories’ -> pro NT
Code replacement -> pro NT
I want to test an idea with very little code -> pro MC
Charting -> pro MC
Customer support -> huge pro MC
Normal backtesting (I really hate the 32bit restriction of MC 2GB memory) -> gigantic pro NT but I hope this will fall by the end of the summer 2011 with the 64bit version.

Reply With Quote
The following user says Thank You to siscop for this post:
 
  #14 (permalink)
 Vendor: www.coroin.com 
Galveston ,TX
 
Futures Experience: Intermediate
Platform: NT7
Broker/Data: Zaner
Favorite Futures: Futures
 
Posts: 386 since Mar 2010
Thanks: 364 given, 433 received


Big Mike View Post
Maybe even find the two best platforms that work for you -- because like you said, trying to find the single perfect platform isn't going to happen.

even better! especially if you use charting from pkgA and order-entry from pkgB. well put, BigMike.

cheers,
-e

Reply With Quote
 
  #15 (permalink)
Elite Member
Norway
 
Futures Experience: Advanced
Platform: MultiCharts, CQG, NinjaTrader
Broker/Data: CQG, DTN IQFeed
Favorite Futures: EURO
 
Laurus12's Avatar
 
Posts: 376 since Nov 2010
Thanks: 557 given, 349 received

Agree with two others when it comes to support. Compared to other companies MultiCharts support is amazing in my experience. They take every request you make very seriously. If they can not help you right away they give you a reply and tell you why. I have never experienced the kind of follow ups and commitment to the request I have made. I have spoken with MC several times. All in all you get the experience of being close to the MC-people. Not as in the opposite where you get the feeling that they are trying to keep you at a distance, or as with some high profiled company where they do not answer your support inquiries or phone calls at all.

- MC is much faster than NT.
- You can have orderly multi time frame setups with MC, which with NT is charts all over the place.... "one can't be exited enough to see in which order the carts will come up on the task bar this time" . This is something several people, including me, have pointed out, but where NT have not followed up with doing something.
- If one are into a lot of charting, like myself, MC will be adding new features which will be in place within about two months. To my opinion this will make MC very robust and work efficient as a charting package also.
- $1,995 for NT multibroker lifetime. $1,997 for MultiCharts lifetime.
- As for automated trading and programming language I am not into that, so can not give you any opinion.

Laurus

“If you wish to see the truth, then hold no opinions for or against anything.” - Hsin Hsin Ming
Reply With Quote
 
  #16 (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


siscop View Post
Normal backtesting (I really hate the 32bit restriction of MC 2GB memory) -> gigantic pro NT but I hope this will fall by the end of the summer 2011 with the 64bit version.

Really? I've tested years of tick data on CL and never approached the 2GB limit with MC or had any problems.

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
 
  #17 (permalink)
Elite Member
East Coast
 
Futures Experience: Beginner
Platform: Ninja
Favorite Futures: ES, NQ
 
Posts: 125 since Apr 2010
Thanks: 55 given, 81 received


Laurus12 View Post
- You can have orderly multi time frame setups with MC, which with NT is charts all over the place.... "one can't be exited enough to see in which order the carts will come up on the task bar this time" . This is something several people, including me, have pointed out, but where NT have not followed up with doing something.

Laurus


Have to agree with this, as it has been a "to do" for them for a while.

Being able to group charts together under different Tabs, and having multiple Windows each with multiple Tabs, is a good feature that TradeStation had back from the olden days...

Reply With Quote
 
  #18 (permalink)
Elite Member
London
 
Futures Experience: None
Platform: .
Favorite Futures: .
 
Posts: 162 since Apr 2011
Thanks: 46 given, 107 received

From what I have seen on the last Multi Charts webinar, it appears that they want to "kill'' Ninja Trader.



Webinar: Zen-Fire and MultiCharts Introduction

Reply With Quote

Reply



futures io > > > MC7 vs NT7

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
     


All times are GMT -4. The time now is 09:43 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 0.12 seconds with 34 queries on phoenix via your IP 54.221.93.187