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MultiCharts, MultiCharts, MultiCharts...

  #291 (permalink)
 vegasfoster 
las vegas
 
Experience: Intermediate
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Fat Tails View Post
once the have added the DOM.

I feel like freakin Joseph waiting for Rachael here. Leah means "cow" by the way.

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  #292 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
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Swing Trader
 
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Fat Tails View Post
Problem solved: User error

I need to select "Download Historical Data", when establishing a connection. For unknown reasons this option was disabled.

Main problem: You needs months until you understand all the details of a new software. It is a tedious learning process. So if I start with MultiCharts today, I will earliest be operational by mid-2011. LOL.

Happy that it was a user error. Means that MultiCharts remains an option for me, once the have added the DOM.

Glad you solved it

I think the more time you spend with it, the more you will like it. That is how it was with me. The learning curve at first was big (mainly because I was so used to how NT did it), but then it was truly worth it in the end.

Mike

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  #293 (permalink)
 
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 trendisyourfriend 
Quebec Canada
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Big Mike View Post
Glad you solved it

I think the more time you spend with it, the more you will like it. That is how it was with me. The learning curve at first was big (mainly because I was so used to how NT did it), but then it was truly worth it in the end.

Mike

Mike , just out of curiosity and since you wrote many times that you prefer to trade without indicators or any fancy widgets i suppose your needs are pretty basic as a trader. In fact, if i read you correctly, you just need a platform that can print bars on the screen. Anything else is just a plus. In that sense, what makes you so excited about Multichart ? Is it just because of your love/hate relation you developed with Ninjatrader that caused you to change platform ?

  #294 (permalink)
 
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 Fat Tails 
Berlin, Europe
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trendisyourfriend View Post
Mike , just out of curiosity and since you wrote many times that you prefer to trade without indicators or any fancy widgets i suppose your needs are pretty basic as a trader. In fact, if i read you correctly, you just need a platform that can print bars on the screen. Anything else is just a plus. In that sense, what makes you so excited about Multichart ? Is it just because of your love/hate relation you developed with Ninjatrader that caused you to change platform ?


If you spend more time with your trading platform than with your wife or dogs, you get emotionally attached. Working with NinjaTrader can hence cause emotional disorder, so I guess that the attachment to MultiCharts is just a sign of relief.

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  #295 (permalink)
 
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 Big Mike 
Manta, Ecuador
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trendisyourfriend View Post
Mike , just out of curiosity and since you wrote many times that you prefer to trade without indicators or any fancy widgets i suppose your needs are pretty basic as a trader. In fact, if i read you correctly, you just need a platform that can print bars on the screen. Anything else is just a plus. In that sense, what makes you so excited about Multichart ? Is it just because of your love/hate relation you developed with Ninjatrader that caused you to change platform ?

As you can see from my threads on the forum, I do still enjoy writing the occasional indicator or strategy. Writing them is much more enjoyable in MultiCharts than in NinjaTrader. But, I do not rely on them as a means of earning a living. My discretionary trading is very "simple" compared to most people on the forum.

Still, the platform itself is important. NT would constantly lock up just on launch (constant workspace problems). NT would constantly lock up when switching charts. NT would constantly lock up when switching time frames. I had to constantly repair or reset the database. Not even mentioning any indicator or strategy backtesting specific issues.

No doubt, many people don't experience these problems. If they are happy with NT then that's great news. However, many do experience the same problems. I got tired of them and switched to a stable platform. I was spending all my time being a software tester and troubleshooter instead of trading.

But it's more than that, I believe MultiCharts is positioned to innovate new features that I may find useful, whereas NT is not. This is because MultiCharts, in my opinion, has a stable base code set and great engineering resources, whereas NT seems to spend most of its time on dealing with problems instead of innovating. MultiCharts is making advancements at a far faster rate than NinjaTrader, just look at their changelog and announcements section and compare the two companies. There is really no comparison in my opinion, I feel MultiCharts is superior, which is why I use it. Until they add a DOM though, most NinjaTrader users cannot use MultiCharts. Luckily, it is being added immediately.

Anyway, you can read "The Truth" thread about NinjaTrader if you wish. For me, I am very happy with MultiCharts and I feel I have made the best possible choice.

Mike

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  #296 (permalink)
 
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 Big Mike 
Manta, Ecuador
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Here is the URL for the project management (bug tracking+feature requests):

MultiCharts Project Management

Very proud of MultiCharts for doing this. Can't say enough!



It's only been running a few days, but this is truly fantastic.

Mike

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  #297 (permalink)
 
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 Big Mike 
Manta, Ecuador
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Hopefully this will help someone else.

Symbology for DX (US Dollar Index) and TF (Russel mini) with Zen Fire on MultiCharts:

DX: "DX FM<m>00<yy>!" where there are TWO SPACES between DX and FM, then <m> is month digit code (U=Sep, Z=Dec, etc) and then 00, then <yy> is two digit year (10 is 2010), then an exclamation mark!

Holy crap batman... what a mess.

So thee net result for DX Dec 10 futures:
 
Code
"DX  FMZ0010!" w/o the quotes (remember it needs to be two spaces between DX and FM)
For Russel just use TF.

Exchange is NYBOT.

Mike

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  #298 (permalink)
 
MultiCharts's Avatar
 MultiCharts 
Columbus, Ohio, US
 
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Broker: Multiple/Multiple
Trading: ES, EUR/USD
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Big Mike View Post
Holy crap batman... what a mess.

Thanks for this Mike, even I get confused with Zen-Fire symbols. They have sent me a document in the past for the symbol information, but that seems to have changed since then. I will ask them for another one, and update everyone once I have it.

MultiCharts - Raising the Trading Standard.
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  #299 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
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Swing Trader
 
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If you think Cumulative Volume Delta is important to MultiCharts, please vote this new feature request up.

I know @FulcrumTrader asked them already, but I couldn't find an official entry in the PM.

MultiCharts Project Management - Issue MC-25 - Add Cumulative Volume [AUTOLINK]Delta[/AUTOLINK] capabilities

Mike

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  #300 (permalink)
 
Snoop's Avatar
 Snoop 
Toronto, Ontario
 
Experience: Advanced
Platform: NinjaTrader, Multicharts
Broker: IB, IQfeed
Trading: ES, CL
Posts: 203 since Oct 2009
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Nice to see the feature request option. I have one I'll add as well.

FYI, browsing the MC forum and noticed part of a post yesterday by an MC rep:
"Regarding manual trading, it is planned to be implemented in the middle of November."

A few weeks away...


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Last Updated on July 24, 2011


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