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what are the plans for MC to have Volume Breakdown indicators on their platform? I find that of more value than a DOM... given MC is a charting platform first!!
Can you help answer these questions from other members on NexusFi?
MC was not interested enough to add Volume Breakdown at this time to their charting app for the public (and hundreds of potential new users who already use Cumulative Delta in MD.com, Inv RT, TradeVec, NT7, SC, CQG, TT XStudy). I have been told by a high end programmer trader I know, the reason they were not able to add the very simplistic code for Cumulative Delta to their charting app goes into structural changes they would have to make to handle the feed properly (DTN.IQ feed bid/ask data). So one quick day or two of programming, of that which is already available in the NT forums with the GomCD, is not possible for MC to get the Cumulative Delta up and running. Apparently MC needs some work to properly track tick-by-tick bid/ask data of that found with DTN.IQ feed (the ONLY feed I ever use to track Cumulative Delta PROPERLY).
Who knows, maybe MC can step up to the challenge in the months ahead. The needed customers to support their development costs for such a product are ALREADY out there....and waiting.
I look forward to the day they add this. At the rate they release new stable releases, perhaps it won't be too terribly long. Personally, I view discretionary trading support (DOM, chart trading, sim engine, etc) as a higher priority for the time being.
They're sticking to priorities (not a question of their competency) - adding solid execution will bring more new customers than anything else. I expect they have their hands full introducing and testing a DOM and order execution.
From what I've seen, NT speeds up the process by skipping thru the testing.
Yes having a DOM for their app is a smart move but adding Delta is a quick task if their software architecture was already able to handle the tick by tick BID/ASK data (and historical up to 30 days back with DTN.IQ feed). For instance, the very small programming crew at TradeVec added Cumulative Delta in one weekend.....but I will say their platform was already set up to handle tick by tick BID/ASK data properly.
Looking forward to see what the DOM looks like in MC when it does come out....any news on release date?
given you are the one who move to MC you may as well let them response here so that others can see instead of reading all these questions and seeing no answers.
I would say allowing for them to provide an explanation/response and details on upcoming features or their product roadmap could be exempted as it would provide information to those looking to make a purchasing decision ... just my 2c..
I'm not prepared to allow MultiCharts to have special treatment just because I like them and just because I think they are good guys. Our guidelines are not perfect. But they have served us very well for over a year and I do not see reason to change them right now. If you want to discuss vendors being given special treatment to some but not all on futures.io (formerly BMT), that is for another thread...
For the time being, if you guys have questions that you want MultiCharts to answer directly you can private message them or if you post here then MultiCharts can answer you by private message and make a reply on the forum indicating they've done so, so it does not appear they've ignored anyone. You can also call or email them or visit their site, etc.
