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Charting options for Interactive Brokers


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Charting options for Interactive Brokers

  #11 (permalink)
 kadm 
Sydney, Australia
 
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stockwet View Post
Hey @kadm,

I do have experience with both. Although, it's been a while since I used MultiCharts. This is probably a terrible metaphor, but, consider them to be as different in function as Unix vs Mac (or Windows, if you prefer) - Sierra Chart being more akin to Unix in this example. What you get with Sierra Chart is a rougher out of the box system that is extremely powerful with a ton of flexibility. SC is not impressive when you load it up. However, the amount of configuration and the ability to create some really unique and customized chart views is astounding. I'm still floored by what SC enables you to create. For power users, it's one of the best out there.

MultiCharts is a very solid platform. It's easy to use and has a lot of add-ins. I liked MultiCharts when I was using it. But, I needed certain custom views that SC allows me to create whereas I would have had to purchase 3rd party add-ons with MultiCharts. I don't think you can go wrong with either one. And, if you're doing pretty basic charting, MultiCharts may be more than enough for you.

Good luck. You have the enviable position of deciding between two great options. You likely won't go wrong with either one. If you choose SC, though, just be patient with it. It might take a little learning curve to really unleash it's potential.

stockwet

@stockwet - thanks for your insight. I have enrolled myself with Sierra Charts and am currently submerged in deep waters trying to get it configured and working with Interactive Brokers; Maybe I have been trying to take short cuts to get it operational rather than reading through before taking steps.

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