NexusFi: Find Your Edge


Home Menu

 





1st Trading Tools Market Profile for Multicharts (1st-tradingtools.com)


Discussion in Trading Reviews and Vendors

Updated
      Top Posters
    1. looks_one yiman with 13 posts (8 thanks)
    2. looks_two Big Mike with 5 posts (0 thanks)
    3. looks_3 Darshiit with 3 posts (0 thanks)
    4. looks_4 swisstrader with 3 posts (1 thanks)
      Best Posters
    1. looks_one vital38 with 3 thanks per post
    2. looks_two yiman with 0.6 thanks per post
    3. looks_3 Bilderberger with 0.5 thanks per post
    4. looks_4 swisstrader with 0.3 thanks per post
    1. trending_up 32,158 views
    2. thumb_up 16 thanks given
    3. group 16 followers
    1. forum 46 posts
    2. attach_file 3 attachments




 
Search this Thread

1st Trading Tools Market Profile for Multicharts (1st-tradingtools.com)

  #21 (permalink)
 
Jigsaw Trading's Avatar
 Jigsaw Trading  Jigsaw Trading is an official Site Sponsor
 
Posts: 2,988 since Nov 2010
Thanks Given: 831
Thanks Received: 10,393

Any ideas if this is getting built from Tick Data or does it just average out whatever timeframe you have?

I don't know Multicharts at all btw...

Visit my NexusFi Trade Journal Reply With Quote

Can you help answer these questions
from other members on NexusFi?
MC PL editor upgrade
MultiCharts
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
ZombieSqueeze
Platforms and Indicators
Trade idea based off three indicators.
Traders Hideout
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Diary of a simple price action trader
26 thanks
Just another trading journal: PA, Wyckoff & Trends
23 thanks
Tao te Trade: way of the WLD
20 thanks
My NQ Trading Journal
19 thanks
HumbleTraders next chapter
9 thanks
  #22 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,440 since Jun 2009
Thanks Given: 33,207
Thanks Received: 101,599


yiman View Post
Ive looked at all the free stuff , there is no comparison , Why dont you get afree trial of the 1st trading tools software and see for yourself, Im using it to trade everyday and the lines have been very acuurate
They will even supply you with templates to get you started. I have the tools on all my charts

Would you mind posting a couple charts?

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #23 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,440 since Jun 2009
Thanks Given: 33,207
Thanks Received: 101,599



DionysusToast View Post
Any ideas if this is getting built from Tick Data or does it just average out whatever timeframe you have?

I don't know Multicharts at all btw...

Can't speak for this indicator - never used it - but MultiCharts allows all dataseries to be built from Tick Data if you set it up to do so in QuoteManager when using IQfeed. So even a 5 minute bar can be built from tick data, for instance, which comes in handy when doing cumulative delta studies.

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #24 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,440 since Jun 2009
Thanks Given: 33,207
Thanks Received: 101,599


bomberone1 View Post
Ok thats sound good.
Before I need to learn how to trade by market profile.
COuld someone explain or where could i learn to trade by Market Profile?
My Best.

That is for this thread (this thread is to review a vendor and his product only), but if you go to the Webinars section on futures.io (formerly BMT) there are two Market Profile webinars there. Plus if you just do a search for keyword market profile on forum, you'll find many good threads. Last, check CME's website, they have some good market profile resources and documents for free.

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #25 (permalink)
 
Jigsaw Trading's Avatar
 Jigsaw Trading  Jigsaw Trading is an official Site Sponsor
 
Posts: 2,988 since Nov 2010
Thanks Given: 831
Thanks Received: 10,393


Big Mike View Post
Can't speak for this indicator - never used it - but MultiCharts allows all dataseries to be built from Tick Data if you set it up to do so in QuoteManager when using IQfeed. So even a 5 minute bar can be built from tick data, for instance, which comes in handy when doing cumulative delta studies.

Mike


And that tick data also includes the bids/offers so you can work out at bid or at ask in an indicator?

Visit my NexusFi Trade Journal Reply With Quote
  #26 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,440 since Jun 2009
Thanks Given: 33,207
Thanks Received: 101,599


DionysusToast View Post
And that tick data also includes the bids/offers so you can work out at bid or at ask in an indicator?

Yes, see here for example of cumulative delta being constructed in MultiCharts on historical data:



I am not an expert in this arena, I am new to CDV and don't use any other studies that require the info. You might ask @FulcrumTrader, in a more appropriate thread so we don't continue to go , as he has a good deal of experience with it and MultiCharts. You could also ask the author/vendor for this thread what his indicator uses, since he wrote it

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #27 (permalink)
 bretter 
Austin, TX
 
Experience: Advanced
Platform: Tradestation
Posts: 16 since Sep 2010
Thanks Given: 5
Thanks Received: 12

Is swisstrader on this forum at all? I have sent questions to the support@1st... e-mail address from 2 different accounts with no response on either one.

Reply With Quote
  #28 (permalink)
 gpw797 
Mesa, AZ
 
Posts: 55 since Oct 2010

They are usually a little slow in replying to email (2-5 days).. has been my experience but always respond.

Reply With Quote
  #29 (permalink)
 bretter 
Austin, TX
 
Experience: Advanced
Platform: Tradestation
Posts: 16 since Sep 2010
Thanks Given: 5
Thanks Received: 12

Thanks! I am now in contact with them and they are both very helpful.

Reply With Quote
  #30 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,440 since Jun 2009
Thanks Given: 33,207
Thanks Received: 101,599


If your goal is to contact 1st Trading Tools, the correct email address is [email protected]. The email address listed a couple of posts ago are not for this company.

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote




Last Updated on January 18, 2016


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts