MultiCharts: Trading Software for Automated Trading and Backtesting

StratMan

Problem is to know if a stop loss will be filled or not due to this spike...

StratMan

It seems that no one is using LMAX with MC...

StratMan

Hello Gargoyle,

With the Beta 9.0 LMAX disconnection is always the same, I made a little video to show you all here,

you can see that video of the day made with the 9.0 beta is identical to any other video that I have provided and which were made with previous versions of MC ...

StratMan

MAtricks, just for your information, and in a perfectly friendly way, know that even by carefully and conscientiously rereading this discussion, I do not find your answers to my questions ...

StratMan

As English is not a language I master perfectly, I'm afraid I do not understand the advice on this message ... -Trade FX. There's lots of profit to be made there. I trade forex intensively since 2007 and in all modesty, I think I have some knowledge about this market ;-) But in this topic, we are ta...

StratMan

If I had to summarize all the answers:

- Never trade forex and in this case, MC is the best automated trading platform.

Did I understand well the lesson?

StratMan

You're right though. I dropped out of FX about 1 year ago because of several issues... and significant edges elsewhere. Automation is still my strong suit. 1. A restart reduces amount of events which will inevitably cause unforeseen losses. 2. In FX, anything can happen. Anything. Every fund manage...

StratMan

I am talking about your MultiCharts Spot Forex automatical trading envolvement, on small ticks trading units, 24/7, with diversified portfolio between 20 pairs around, and with the need to run it on several accounts. If yes, there is no way you could accept the actual MultiCharts Forex conditions.....

StratMan

The fact is that the latest version of MC (MultiCharts64 Version 9.0 Beta 1 (Build 9345)) absolutely not solve the problem LMAX. The last occurrence of this failure just occurred on my server, and for information, here is a video that shows what happens after the break ... The only solution is to cl...

StratMan

TSS could perhaps explain without revealing the secrets of their business

, what are the constraints that make Oanda is still not available on MC, while REST API is now available ? ...

StratMan

One day, everybody will learn the meaning of "bucket shop". Some will learn it the easy way, some will learn it the hard way, but everybody will learn, it just takes time. Quite right, TJ. However, in the present uncertain times jurisdiction also matters, in my opinion. Given the debacles of the la...

StratMan

• even when one visits a Supported Broker, it is more often than not easier (in my experience) to hit upon a competing product; • after so many years of MultiCharts, and 2 years of MultiCharts.NET, there is no presence here: http://traders.com/Documentation/FEEDbk_docs/2014/06/TradersTips.html, whi...

StratMan

While MultiCharts continue to scale new highs on the technical front, I hope I will be forgiven for expressing my doubts concerning their business acumen. What is their business model... ?? .. Who knows the business relationship between TSS and brokers? What are the demands of the broker to be acce...

StratMan

As I've said 9 times, FXCM is the best connection to MC. Its the only one I'd use nowadays. -Great connection. I didn't experience it going down on me at all. -Great support!! They are fantastic if you have more than $25k in your account. -Great broker prices! Just ask and they'll give you a great ...

StratMan

Yakalfer: You have been around for a long time, you should know better.

I'm pathologically optimistic ...

StratMan

Thanks JoshM, I remember these threads... and those videos... which are certainly still available on a torrent

But the quirks are not exclusive to MT4

StratMan

I would say the following rank table from the current forex broker Multicharts does offer looks like that kind : 1. LMAX 2. MB Trading 3. Dukascopy 4. IB 5. OEC 6. IW Bank 7. AvaFx Dear andywill, Could you please specify the performance criteria that you have taken into account to determine your ra...

StratMan

6. IW Bank But there are many options outside which are at least as good as LMAX. A direct connection to FXALL, Hotspot, Integral, Currenex etc. and other Liquidity Providers. Some MT Brokers do offer this. So you have a direct connection to NY4 or LD4 datacenters with the lowest latency you can ha...

StratMan

For some bucket shops , this is correct. They don't want 3rd party software; none whatsoever , including your favorite. What is missing in MultiCharts so that the forex brokers want to adopt this 3rd party software? (It is important to know if there is at least one solution and if this is considere...

StratMan

Most of the bucket shops do not want 3rd party software,
because they can better "manage" their client activities through their own software.
I would not go further here; this is not the forum for it.

So if I understand correctly, there is no future with MultiCharts to autotrade forex

StratMan

It is on this point that I would like to have confirmation: Is the FIX protocol prohibits backfill? Are there any workarounds for this constraint? As for the discussion Oanda & MC, I indeed wrote the last but one message and it was on January 2012... And that's what worries me to see that since all ...

StratMan

An example of a new broker

that uses the FIX protocol (used with Dukascopy) and which MultiCharts could connect easily, without any new technical development ...

exante

StratMan

Hello, Using QuoteManager / Edit data, I see that there is a significant delay between the time stamp displayed in the result window after loading and computer time. (Problem checked live chat / remote control by MC team). Moreover, this gap is quite different between the bid and ask data, and these...

StratMan

TSS should explain why they do not propose connexion with Oanda or Gain Capital, major players in the forex

Forex Brokers

StratMan

To ensure the data connection hasn't dropped out I use the 'no realtime data alert' code found here http://www.multicharts.com/discussion/viewtopic.php?f=16&t=11715 , thanks Henry. Just out of curiosity, I installed it and I see that signal does not generate warning when my daily bug occurs ... Wha...

StratMan

10 year back-test on 1 minute bars

and it will not be even enough to be sure of the result ...
HolyGrail

StratMan

Just a remark for periods of backtest : The fractal nature of the markets shows that a test is in fact conducted on a number of bars and not only over a period. (you can read "The Misbehavior of Markets: A Fractal View of Financial Turbulence" by Benoit Mandelbrot) As a reminder, test a strategy on ...

StratMan

Hi, I auto trade a live account with Lmax and am really happy with Lmax. Yes there were a few hicups with the data dropping out and not recovering but I haven't had these issues for months (hope I don't jinx myself here! :S). I would be very interested to compare some of your ticks, with mine on a ...

StratMan

I also created an account with Interactive Brokers but never got around to trading live as there is some weird thing with how their data is provided to MC. Even put money in my account and then just withdrew it without executing a single trade. Could you make this more explicit please ? I will neve...

StratMan

I don't think much for either. Return over max drawdown is what I look for. And you nailed it. Most "developers" are similar to most "traders". But the flaws are easily spotted... I agree with you ! I can show Annual rate of return of 500 % or more, but with drawdown I personally cannot accept :-) ...

StratMan

I do something similar to what Stratman has said and once I've gone live and have a few trades I will load up the back test and see if these line up with the live trade results. And that is why it seems impossible to ignore Bid & Ask for a forex strategy on small time frames such as 1, 5 or 15 minu...

StratMan

Tony, if a good trader knows when to trade and when not to trade, so a good coder must code the if/then/else process that runs into the brain of the good trader ;-) IMHO I prefer to code and let the system run H24 (when MultiCharts accept... ) For example, if I don't want to trade when the spread is...

StratMan

Hello Andrew,

With OEC, I use Bid & Ask ticks charts and there is no historical data on my part...

What should I do in order to have these historical data ?

Thanks,

StratMan

My two cents : My very first step when I develop a strategy is to verify the data I will use for this strategy. So, I check that I receive exactly the same data on 2 different computers based on different locations, and that the timestamp is correct with acceptable time of transmission. (And for exa...

StratMan

Completely out of curiosity, do you have them together in a portfolio test? I like pretty pictures :D I am unable to use the portfolio MultiCharts with forex! (Or rather, the portfolio of MultiCharts is not usable for forex because of different currencies) and I'm too lazy to create my portfolio on...

StratMan

Very impressive equity curves, wish I had something like it.

Thanks to MultiCharts and its great backtest function

StratMan

Yes Riz, you're absolutely right, but to briefly analyze a strategy, I personally look at the annual rate of return %, max DD % and VAMI (and the number of trades ...). So I'm a little disappoint with Return on Account that I do not have a habit to analyze.
You can see some of my strategies here.

StratMan

you can find historical data of Dukascopy. They provide historical data for downloading on their own website. Here is the link : http://www.dukascopy.com/swiss/english/marketwatch/historical/ Yes Andy, you are right, but to download Dukascopy historical data, you need to download day by day for eac...

StratMan

Thank you, but I just wanted to know the Max Strategy Drawdown (%) for the +700% strategy, I mean expressed in percentage and not in value... because I'm not able to appreciate a value when I don't know the initial capital... That's why I asked for the % of the Max DD which is on the Strategy Perfor...

StratMan

The main problem is not to be in front of the computer but is to close all the open trades and the pending orders on MultiCharts and on the broker desktop before the restart... So imagine the problem if you have 5 or 6 portfolio, 15 or 20 pairs of currencies, and N or M accounts to manage... And the...

StratMan

MultiCharts is not recovering automatically the historical datas in case of temporary disconnections?! So automatic trading would be compromised in such a case..?! I prefer to leave the team MultiCharts answer this question ... I'll just say that disconnecting LMAX which certainly is not a crash ;-...

StratMan

Hello Gargoyle, The 6 forex brokers available with MultiCharts are : - AvaTrade - Dukascopy - Interactive Brokers - LMAX - MB Trading - Open E Cry But, if you would like to test the validity of your strategy on the data feed of the broker by performing backtests, then you can at least forget Dukasco...

StratMan

OK, Thanks, I will leave it connected for 1 year to get this OEC historic data and then backtest my strategies

StratMan

Thank you Henry & Andy, So in that case I have a problem : I use a 5 range bars graph with bid & ask and the reload doesn't download the 7 days historical data... The graph only displays the bars generated since the beginning of the connection. However, on a 1 minute bar chart, historical data is do...

StratMan

Hello, Is it possible that MultiCharts receive the historical data with OEC? Or is it like with Dukascopy ? Would it not be wise to bring up this constraint in the list of brokers Supported security types ? In concrete terms, what are the forex brokers with which MultiCharts can get historical data ...

StratMan

My strategies are usually > 700% Return on account, so i would only be interested in other which also fit this criteria.

And what is the Max Strategy Drawdown (%) please ?

StratMan

I believe we have already replied to this question in posts #4 and #5 above. When I write that two data feeds from the same live account, receive different data, I'm talking about the issue confirmed by LMAX and mentioned in the previous thread http://www.multicharts.com/discussion/viewtopic.php?f=...

StratMan

It is therefore impossible to test a strategy on a demo account LMAX?

(associated with the fact that two data feeds from the same live account, receive different data ...)

StratMan

Hello StratMan, That is not relevant to compare demo and broker account as there is 99% likelihood that the data will be different. Please configure the data provider to use the same account as your broker platform, or login with the real account in the broker platform and compare the data in Multi...

StratMan

Hello Henry, Do you use "business3" login in LMAX data configuration in QuoteManager->Tools->DataSources? No, the datasource use login on an LMAX real account when the orders are placed on the demo account "business3". Does the chart status line clock correspond to the system clock (is there a lag i...

StratMan

The following video reveals the delay in receiving LMAX data by MultiCharts. You can see that the price displayed on the chart is not equal to the price of the LMAX desktop. http://youtu.be/0M0mCCQYYKc Accordingly, a short position can show a profit when the price displayed on the graph is greater t...

StratMan

Hi rkhan,

As you are talking about strategies that work, I would be interested to know what broker you use to execute your forex strategies?

I assume of course that your strategies are executed on accounts, real or demo, at a broker connected with MultiCharts! ...

Kind Regards,

StratMan

Hello, Among all the forex brokers supported in MC, I would like to know if there is one that allows the automatic trading signals H24 on small units of time (eg 1 minute). 1) Are there here users who use Dukascopy account with MultiCharts ? 2) In that case, do you consider that Dukascopy connexion ...

StratMan

Some Forex brokers simply do not allow other software, period. You are certainly right, but not in the case of FXCM and Gain Capital I use with another platform ... As for OANDA, MultiCharts has already sold to third parties the connection, and everyone can subscribe at Oanda to use their API ... -...

StratMan

The sooner this is solved the better. While more broker support is always a good thing, a bridge to execute on MT is far from optimal. One would be much better off executing forex on Interactive Brokers. While there are some good MT brokers and I still have one, the problem is the new platform whic...

StratMan

Hello Andy, And who will pay commissions to whom? ;-) I think a solution will be found. That should not be our major concern. Please vote if you are interested. Then we can have 100s of forex brokers to trade with. In the immediate future, this does not solve the problem of incompatibility of LMAX ...

StratMan

Hello Andy,
And who will pay commissions to whom?

StratMan

Hello tcat, yes the Bid/Ask spread is checked.
It's the bottom indicator you can see on my screen shot.
(close data2-close data3)*pricescale/10

StratMan

Thank you for the proposal, but this anomaly, I found equally on both my computers, both in different places, with different OS, but with the same versions of MC, and the same LMAX account .. .
And only in automated trading mode...
And of course, the problem is not systematic!

StratMan

Just to illustrate another dysfunction with LMAX, orders executed at a price never hit by the market!

StratMan

Thanks t-rader for this testimony. Finally a reassuring testimony proving that "it works" ! Do you use a demo account or a real one ? Because it's not the same LMAX server for these 2 different cases. I also use the MC version 8.8.8967 (and will update with the new version). So, all the problems I d...

StratMan

Just to tone down the judgment of Smoky concerning LMAX, I remember that, apart from this issue, LMAX shows many anomalies such as abnormal differences between timestamps and time of receipt or execution of orders at prices never reached by the market ... It is indeed a broker acting on an unregulat...

StratMan

Good question, need good answer, it to late for me I already have real accounts with LMAX :( I hope MC team is working on these bugs... I also have real accounts at LMAX, but if I cannot use them with MultiCharts, then I shall do as with my FXCM accounts, I'll close them all... That's why I need to...

StratMan

Thank you Smoky for this demonstration. Now, the whole question is whether there is or not a forex broker with which MultiCharts is compatible! Because if I understand the posts on this forum, there are similar problems with IB or MB Trading, other problems with Dukascopy, still others with OEC, dit...

StratMan

Okay, so TSS do you plan to make MultiCharts compatible with LMAX? or do you recommend to forget LMAX for trading with MultiCharts?

StratMan

Just a small clarification: when MultiCharts does not crash after the break of LMAX, it still lacks the data that did not happen during the 5 minutes break ... If the problem comes from LMAX, the missing 5 minutes should be reloaded automatically by MultiCharts ?... How LMAX can be considered by TSS...

StratMan

If I may suggest something, you say that MC not restarts, like in the updating of the chart? If you reload the chart after it has stopped, does it then continue as normal? If so, ... Thanks JoshM for this idea, but when the bug occurs, MC is not able to reload data... "reloading" is displayed on th...

StratMan

the daily bug of 9 pm GMT has struck again.
Logs are sent to TSS...

StratMan

Hi Smoky,

Thanks for your message.
The problem occurs on a dedicated server that is located at my hosting provider (It's the number one hosting provider in Europe) in a data center.

So, no wireless LAN but a direct connexion to the internet.

StratMan

Even with the new dll, the LMAX disconnection bug is still active. As every night at 9 pm GMT, LMAX takes a break in sending data. And after this break, in most cases, MC will not restart when LMAX sends the data again. This is still the case tonight ... Henry, do you consider that this is acceptabl...

StratMan

Hello Smoky,

Thank you very much for your proposal.
If you can test this dll, it will allow me to know if I'm the only one to notice anomalies in automated trading!

StratMan

This is the same signal that I use for more than 6 months ...

There is no doubt that the double execution is a novelty occurred just after changing dll.

StratMan

I mean that 2 orders are sent to the broker.

StratMan

Henry, from what I see so far, this new dll does not properly handle handshaking with LMAX: orders are 'doubled' (confirmed by Order and Position Tracker / Strategy Positions / Positions Match = FALSE)

StratMan

Just to illustrate, a screenshot of the daily bug.

StratMan

I confirm that the bug # 1 is characterized by a cessation of data on the graph, but the continuation of data on the watchlist and the indicator 'spread' : (close data2 - close data3)*pricescale/10 In such a case, logic tends to conclude that LMAX sends data, but MC does not display on the graph ......

StratMan

Thank you AlphaCat,

Me too, if I use MultiCharts with LMAX without signal and without charts and without auto trading, so everything works fine !

But unfortunately I use MultiCharts only for automated trading, so with charts, with signal and with the Auto trading SA Mode On...

StratMan

Hello Smoky,
Thank you for this message !
I always thought that bug # 1 was entirely due to MC.
It is the responsibility of MC to exploit the data stream correctly, even if the LMAX server takes a break from time to time.

StratMan

Hi Smoky, - The tests were performed with QuoteManager opened and with QuoteManager closed... In fact, this is when I noticed that my 2 computers do not show the same Strategy Performance Report (for the same strategy applied to the same LMAX real account data feed...), so I found using QuoteManager...

StratMan

For over six months , I see the following bugs: 1) Regularly, and almost every day there was a time when the LMAX tick data is not received on the graph, while the flow remains active on the watchlist window. Of course, automated trading strategies then become blocked and ineffective, even when orde...

StratMan

I confirm the remarks of MAtricks and Xyzzy, and I would point out that differences also exist in the same broker, when you use data from a demo account or those from a real account ... I'll let you guess which provide better results :-) Then, with a single data feed from a real account, there are s...

StratMan

Thank you for your attention to my request,

Just as there are signals/studies "Profit Target", " Stop Loss", "Trailing Percent", etc ... I would like to have a "Master Strategy" signal, exactly as it exists in manual trading.
http://www.multicharts.com/trading-soft ... r_Strategy

StratMan

[*]Do you use IOG in any of your signals?

No.

[*]Does your script reference any additional data series?

No, only one data series.

[*]What is the chart resolution?

5 range bars.

StratMan

One more question:
QuoteManager -> Tools -> Data Sources -> LMAX -> Settings -> Is "Cache downloaded quote files" box checked?

No, the box is blank.

StratMan

Hello,

I'm looking for the code of a signal like Master Strategy.

Does anyone have any idea ?

Thanks in advance,

StratMan

Hello Andrew, [*]Do you paste the chart window right after you create the original one or you wait for some time? The Copy/Paste is done right after I create the first one. And that's why all the trades are identical, with the same trades at the same time, the same entry price, the same exit price a...

StratMan

Hello, A signal applied to a chart, generates 777 trades on backtest mode. I made a Copy/Paste of this chart Window/Signal and I noticed that the copy is identical except for one trade whose size is +/- 1 unit of difference. By repeating this operation, I found that this difference of one unit rel...

StratMan

Hello, 1 fxcm workspace consists of three identical charts created by copy and paste. The first chart is used in Auto Trading (A/T) , the second in Real Time calculation (R/T) and the third is used for Backtest (B/T), that is to say from time to time the recalculation will be launched. 1 lmax worksp...

StratMan

try the printout with 4 decimal points and see if there is a hidden gremlin. (decimals...that's what rounding is about). With 4 decimal points, the two printout files have become absolutely identical , but the Strategy Performance Report always shows the same differences ... So to summarize, the Ro...

StratMan

Thank you, it is precisely from the print I found that my variables were the same as the result is different ... And that's what made me think that the problem may be coming from the Round function ...

StratMan

Thank you TJ for your reply, What do you mean by "Data are identical"? What do you mean by "(Copy/paste of the first one)? Copy what? From where to where? On the same computer? Same MultiCharts instance? Are you doing the same backtest with the same computer? or do you mean the symbol is the same, b...

StratMan

How to explain that 2 identical charts with 2 identical signal (Copy/paste of the first one) generate a small difference due to a different result on several trades. All the trades are identical except one or two. The difference is on the calculation of the sizing position. In one case, the result i...

StratMan

Thank you ABC for your comment.

I don't use the Backtesting Precision that use Bar Magnifier, so I don't use the Tick precision.

Regards,

StratMan

A signal generates 377 trades, including two trades are wrong (see screen shot). 130727_MC_bug_bt.JPG This signal is applied on a single data series. Of course, the data are correct and do not include data on the location of the two erroneous trades. How to explain and correct this anomaly ? 130727_...

StratMan

Hello Henry,

All details are in post #1 of this subject
and also on Project Management issue MC-298
http://www.multicharts.com/pm/viewissue ... _no=MC-298

StratMan

Could someone give me the correct settings to get correct hourly candles from IQFeed data?

For now, I get an abnormal gap every night at 23 o'clock ...
http://www.multicharts.com/pm/viewissue ... no=MC-1400

Thank you in advance,

StratMan

Hi t-rader,

Thank you for your comment.

Yes, I confirm that all the settings are absolutely identical, including the backtesting and properties tabs settings. And that's why the 2 strategy performance reports are exactly the same until trade #59.

Cheers,

StratMan

Hello, Two charts are running in Real-Time calculation mode the same signal. The trades are therefore identical on these two charts. (Sometimes there are differences, and this is the subject of MC-1396) http://www.multicharts.com/pm/viewissue.php?issue_no=MC-1396 Similarly, if a backtest recalculati...

StratMan

I just read a tweet from fxcm (see attachment) with a pip definition and it reminds me that MultiCharts is still not corrected on this point, which is constraining in the case of manual trading.

Question: Do you have an ETA for this fix?

StratMan

Just to understand and improve my knowledge, could you please explain what are the constraints so that MultiCharts is used with a broker? In short, what are the conditions, technical, commercial, financial, etc... necessary for a new broker is manageable with MultiCharts. What are the constraints fo...

StratMan

Thank you imoneyfish !

What is the problem of LMAX with long term trader ?
And what are the bugs with Dukascopy ?

The opportunities to trade forex with MultiCharts can be counted on one finger of one hand?

StratMan

Having a similar problem (very simple strategy on range bar chart with bid&ask data), thank you Henry to report the answer of this problem on the forum, so I can benefit.

kenlionheart, FYI I have the issue with MB Trading data feed+broker and with iqfeed.fxcm data+fxcm broker...

StratMan

Thank you again for that. Indeed, I found that MC could not bear to stay on too long ... I understand your suggestion to restart every day, but it is a huge constraint when trades are open on several currencies, on several accounts and for several days ... In my opinion, a forex trading system must ...

StratMan

MAtricks thank you for that answer. I tested fxcm but I found several malfunction of MC with this account. For example, sometimes a stop loss order can not be modified or canceled on MC ... Another bug, this is for example when I use Master Strategy with 3 levels, so 3 Stop Loss: if the 3 stop loss ...

StratMan

Among the few forex brokers available with MultiCharts, which ones do you use for real accounts that give you complete satisfaction?
Thanks in advance,

StratMan

And if this feature had to be developed, what date would it be available?

StratMan

Hello,

I would like to know if it's possible to replay data and place manual trades on a 'Replay Demo Account'.

Thanks in advance.

StratMan

Here is the Process Explorer screen shot...
MC_memory_... at the start of the day
The second (EOD) at the end of the day...

StratMan

5084 MB are used and there is only MultiCharts on the computer... and MultiCharts displays the warning message of the screenshot. Just after validation, MultiCharts crashed instantanly and the memory used comes back to normal (around 1 GB). I just restart MultiCharts and with one workspace, it use s...

StratMan

It seems that MC (latest Build 6851) is a little more demanding than the previous versions ... Because this is the first time that my 6 GB of memory are not enough! Of course, this computer is not running other programs than MultiCharts! Now that MultiCharts ask me to close, I will be able to verify...

StratMan

iQfeed and fxcm broker and/or MB Trading feed+broker

In both cases, the problem is the same...

StratMan

Hello Henri,

You already have my workspace... You has already taken it several times during remote sessions.

StratMan

Hello Henry, I am currently using MC64 Version 8.5 Release (Build 6778) I will update next week-end to the Build 6851... But this slowness was already in previous versions of MultiCharts. The difference is that before, MC systematically crashed during the exit/backup (see the reports sent after the ...

StratMan

When all brokers are disconnected, the problem remains the same...
Concerning tick data, I also use tick data with my other platform and the weekly exit takes only few seconds...
With MultiCharts, I need to wait more than 10 minutes in order to close one instance of one workspace.

StratMan

Multicharts is running from Sunday evening to Friday evening without interruption (except during crash;-)) On Friday night, I turn off everything! And systematically, I have to wait between 9 and 10 minutes from the time I click on 'File/Exit' and when all Multicharts processes are completed in the ...

StratMan

Thank you for this proposal Katrin, but it is not very interesting to have only the outline of the triangle. And this is also why all other platforms offer a solution as shown in my attachment or on this link : https://www.tradingview.com/x/Q7P6gjmN/ But I understand very well that this feature is n...

StratMan

Hi Katrin,

It seems that MultiCharts users are not interested in this feature...
But it can make beautiful works of art (see the attachment)

The fact that MultiCharts is the only one trading software which does not offer this feature, this is a way to be unique

StratMan

Is it planned to be able to draw triangles with MultiCharts ?
Just as it is on http://www.tradingview.com...

StratMan

In the same spirit as Manualtrader, I think TSS should look at the Oanda platform which is much more ergonomic to place orders directly from the chart.
It is a version without DOM which should be very simple to implement ...

StratMan

If you use Multicharts to manually place orders with a forex broker, so could you please specify the name of the broker you use? And what are the pros and cons on this broker ? (Of course, I mean placing real orders on a real account...) For example, how does he deal with the problem mentioned in my...

StratMan

Andrew thank you for all the details and thank you to all your team for the quality of your service. As English is not a language I fluently, I prefer to make some clarification on the issue I mention. 1) Master Strategy with MB Trading works perfectly !!!!! For example, an limit order of 60 K opens...

StratMan

Hello manualtrader, Thank you for your response. I note that we are at least 2 having tried to trade manually with Master Strategy MC ;-) I also noticed that NT did not have this bad behavior. The output with Master Strategy is just unusable, and since all my strategies are using exits in 3 steps, s...

StratMan

I don't see any workaround to your problem as I am not writing scripts myself, but what I can say is that I duly witnessed very similar problems when I was trying to use the Master Strategy on my FXCM real account. At the time I experienced these problems, I had already reported it to the TSS team. ...

StratMan

Suppose your broker is FXCM and you want to use Master Strategy. For example, you enter a limit order, you confirm and it appears on your chart. Then you click this order to attach a Master Strategy. Suppose you want to get out in 3 steps, so you enter 3 target prices, 3 stop loss prices and 3 posit...

StratMan

FYI

" We have fxTrade platform and MT 4 platform and do not have MultiCharts platform/system and is not currently planning to develop MultiChart platform/system.

OANDA Europe fxTrade Team"

StratMan

Are you using the Command Line window? Inside, it is stated: "Type a symbol / interval" ... In fact, to use this path to change the instrument of a graph, you must type ".csy name=eurusd.fxcm, res=240 min" On many other platforms, simply type "eurusd.fxcm 240 min" In your opinion, between these two ...

StratMan

In fact, my dream is that MC includes all the features of Oanda, (a good copy and paste should be possible

) including responsiveness ...

StratMan

MultiCharts is too slow MC is too slow to display a graph of an instrument, even with little history. I am forced to use Oanda when I need to get an instant graph: it is a straw! With MC, I have to select policy instruments one by one to update the historical data and limit the loading time when I c...

StratMan

TJ, It seems the above are not universally accepted. For instance, per OANDA pip is the 4th digit after decimal point; and pipette is the smallest quote! StratMan, You must be in pain; and need a quick resolution of the problem. But perhaps the Forum is not the best place to find a solution? Have y...

StratMan

The screenshots are available in my first messages of this discussion, as well as videos in the Project Management TM-298. http://www.multicharts.com/pm/viewissue.php?issue_no=MC-298 And there is absolutely no doubt or misunderstanding concerning the definition of a pip on the forex market. http://f...

StratMan

TJ, if you find a broker who offers a spread of 2 pips according to your definition, please contact me asap ! ;-) If you agree that the definition of spread is the difference between ask and bid, then you will find that all forex brokers in the world all use the same definition of a pip, which is di...

StratMan

In practice, you will not find a single broker who will pay you 200 pips of profit when you've made only 20!

And a spread of 2 pips is not at all 20 pips

StratMan

As the definition of a pip can not vary depending on the technology of the brokers, I confirm that for years, on the forex market, the value of a pip is the 4 th digit..

http://www.investopedia.com/terms/p/pip.asp

StratMan

Dear traders, To clarify for everyone in a definitive fashion - this is not a bug. It is an architectural design. I do not want to philosophize about the definition of the term 'bug'... I note that the functions relating to forex use a wrong definition of the PIP. I understand that only very few MC...

StratMan

The definition of a pip is the 4th digit after decimal point, except for the Yen...
And MC should calculate based on the real definition.
Any calculating of MC based on another definition of pip makes manual Forex trading unusable ...

http://en.wikipedia.org/wiki/Percentage_in_point

StratMan

Ticket Number: xxxxxxxxxxx Short Description: MultiCharts Platform connexion Dear xxxxxxxxxxx: Thank you for your inquiry. We offer fxTrade Api with this product you might be able to establish a connection to your multicharts software with our datafeed. In order to receive the API trading libraries,...

StratMan

I totally agree with you that this bug prevents the use of MC on the spot forex market ... But it seems that users of MC do not trade forex

StratMan

https://www.multicharts.com/pm/viewissu ... _no=MC-298

StratMan

Bigger is not better

Dukascopy has a much better reputation among professional traders than fxcm...

StratMan

My order entry is a few pips / seconds away at 1.66000

Let's see how much money we are going to lose

My strategy gave me an entry price @ 1,6595 but I wanted to secure this entry @ 1,6580 just in case the price stop on the 80 level...
Let run and look for other opportunities

StratMan

I noticed in your video you trade GBPUSD. Have you considered shorting it? Looks like there is an opportunity RIGHT NOW of GBPUSD to fall to at least 1.61000 within coming 7 days. Thank you for this opportunity ! I have a short position placed at 1,6580 ;-) With a target1 @ 1,6325 / target2 @ 1,617...

StratMan

Apparently tss did not take into account the fact that forex broker could provide 5 digits ...
I am afraid it is more a problem of preliminary analysis than a simple bug.

StratMan

The screenshot show the price scale, set correctly in order to display on the chart the 5 digits after decimal point. One video show the problem concerning 'point' resolution. The resolution should be 80 instead 8 in order to draw correct range bars of 8 pips. When the resolution is set to 8 points,...

StratMan

I did not say, but it is clear that in Quote Manager, Price Scale is set to 1 / 100000 ... and the number of digits is correctly displayed on the chart ...

StratMan

Suppose your broker / data provider provide quotes with 1/10 pip (5 digits after decimal point on eurusd) MC7 does not properly handle the rates displayed in 1/10 pip. A first consequence: if your chart uses a resolution in points, then you have to multiply by 10 the initial value of the desired res...

StratMan

StratMan - are you gonna join me?

of course yes !
And I'll pay 1 K$ more for the Oanda API...

StratMan

if there are only 10 people who each contribute 1 K$, I think it should take account

StratMan

StratMan, If you would read through the 81 replys on this topic you might simply come to the conclusion: - not enough interest from MC users for the integration: the dialog was between Dave Masalov, Tresor and one or two other users including me. Where were you at the time? - We were missing your h...

StratMan

It might be interesting to know why TSS does not wish to develop the connection Dukascopy-Jforex?? Maybe their justifications are relevant and understandable? So please, TSS, if it is not a strategic secret, could you please tell us why you do not do this quite small implementation? Thanks in advanc...

StratMan

If this feature existed, maybe that more than 25 Dukascopy traders would be interested to buy MC??

StratMan

for more details on pairs not ending in USD ...
http://www.tribuforex.fr/Apprendre_calc ... pertes.php

StratMan

account : $10,000 leverage 15 ---> You can trade 15 x 10,000 = 150,000 if you put a 20 pips stoploss, and a max loss of 250 $, the pip value is 250$ / 20 =12,5 $ and now it is complicated because it depends on the pair you trade ... to be limited to pairs of type xxxusd, the pips cost 10$ for 100,00...

StratMan

What date is scheduled availability of MultiCharts, which will connect to Duka??

StratMan

It is a solution. MC bulids the candles on IQFeed bid. But if you wanted also to draw the ask line to see the real spread of your broker, IQ will be of no use. This is the reason to have a data feed from your broker (to see the real spread). And if you use the data feed from fxcm, the broker, then ...

StratMan

Personally, I use IQFeed for datas.
But for the automated trading on the Forex market, MC offers few solutions in comparison to NT Trader ...

StratMan

TSS can also provide it for free

StratMan

Hello Tresor,

TSS has already developed and sold the connection between MC and Dukascopy.
In fact, it's TSS that could tell us what we must do to benefit their development.
And we should know how Duka 'sell' their FIX API ...

Regards,

StratMan

Thank you for this information!
So I would wait impatiently for 'MC' connects to 'Duka'

Meanwhile, MC came once more time to crash with volatilization of workspace ...

StratMan

this message has already more than two months ...

StratMan

and if the connection with Duka was available, then the connection with dbfx should also be operational because the two use the same FIX API. But if the connection to Duka is a development that tss has sold to a customer, then it is likely that this connection will not be available for free for some...

StratMan

Some traders use MultiCharts with Dukascopy, because they paid for the development.
Dukascopy uses the FIX API, used by many other brokers.

Why these connections are not available for all in the selection of Broker plug-in???

StratMan

The 2 charts are exactly the same... a copy/paste of the window, with the same bars back, the same data range, etc...

StratMan

The same strategy is installed on two MultiCharts instance. In Real Time mode, some trades are made on a graph and not on the other! Of course, the data are identical, everything is on the same PC, the two charts are perfect clones and the difference appears from a flat position on the two charts. W...

StratMan

I confirm that the error appeared on MC 6.0 Beta 3 I did not screenshot, but would do next time ... Without modifying the chart, the same process MultiCharts.exe fell to 647 280 K Everything suggests that MC had a problem of congestion. I had this problem 2 or 3 times during the past few months, so ...

StratMan

Thank you very much for this clarification.
For information, the problem happens on MC6 beta 3 (Build 3276)...

StratMan

Hello Anastassia,
The size is displayed as only 1 736 692 K. ..
and how to reduce the number of bars while the error window will not shut off and as it is open, it is impossible to intervene on the chart?

StratMan

A MultiCharts message indicates that there is not enough memory while there is still almost 2 MB of free memory on my PC.
Why such a message ??

StratMan

Thank you Dave for these details and a big thank you to all your team for your availability and for the quality of your assistance.
Best regards,

StratMan

Dave, I confirm that the two charts are absolutely identical, and on a 1 minute time frame, this problem appears several times a day corresponding to approximately 10% of trades. These very small positions (10K or 20K on EURUSD) should not undergo differential quotations from a serious broker (FXCM)...

StratMan

Thank you for this answer.
Here are screnshots of an example, with a copy of the settings for Sync mode.
The orders concerned are Stop orders.
Regards,

StratMan

The same signal is installed on 2 identical graphs, the first one turning in real time mode and the 2nd in Auto Trading Sync mode on an account broker.
How to explain that some trades are sometimes completely different between these 2 graphs, while it is the same signal on the same flow of data??

StratMan

TJ, thanks for your answer ! If I understand the forex demo account does not show the real time data but data delayed? Moreover, it seems it is not possible to place orders? Of course, it's still interesting, but I would prefer a demo solution that allows me to follow the strategies with real time d...

StratMan

Hello,
Is it possible to send orders generated by a MultiCharts signal toward a MT Expert Advisor?
Or more precisely, how to test a strategy generated by MultiCharts on a demo forex account?
Thanks in advance!

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