MultiCharts: Trading Software for Automated Trading and Backtesting

JoshM

i see, so, would e-signal be a good solution? any other good data provider with products in a competitive price?

Also see this thread: Anybody use IQFeed.net? regarding a 30 day trail for MC users and the apparently VAT benefit for European customers.

Regards,
Josh

JoshM

That means you have more quotes than your computer can handle at that moment. Eventually when all the backlog is cleared up, the red will go away and only shows 0q/0s . So, if there's any value in there, there is a backlog of quotes? Because with real-time data I frequently get something like '120q...

JoshM

Just curious about some undocumented words I ran across, and couldn't find any/much documentation on these (on the forum or in the documentation pdfs). Const Added a keyword ‘const’ to PowerLanguage, which allows you to define the size of an array. Source Does someone knows a usage example for this?...

JoshM

1. Plot a data series using share volume, then another data stream using seconds/minutes/etc. Good question. Not that I'm aware off. I thought it might be done with setting the chart on "Ticks" or "Contracts", but I don't get that to work with minute data, so I'd also like to know that. 2. I would ...

JoshM

I have also copied a line out of the multicharts user guide on plot statements and I couldn't get it to work as stated... Plot the closing price, offset back by 3 bars, using the plot color of blue, using cell background color of green if this plot is applied to a scanner, line width of 3, and name...

JoshM

How do I get MC to display the last traded price for a bar period that has no trade? My formulas that reference the last couple of bars fail to calculate if one or more of the referenced bar period is empty. Can you elaborate somewhat on what you want to achieve? Do you want to display the last pri...

JoshM

the value "50" and "300" is already means money, aiming at stop loss when have a loss of $50, and take profit when the profit reach $300. Your code does something else then you're trying to achieve, if I understand you correctly: setstopposition; setstoploss(50); setstopshare; setprofittarget(300);...

JoshM

Thanks for sharing Trip. :) Multi input moves the decimal point the correct number of places to display the whole number. Using DTN IQ with FXCM symbols EURUSD.FXCM multi = 10000. The Multi must be corrected for each symbol as it may be different. With some trail and error, I've coded that in my Mar...

JoshM

Is there any way to filter bad ticks?

Not yet. It will be implemented in future versions, but I don't know when this might happen (also see this thread back from 08).

JoshM

i did what u asked me to do i added all the tick minutes day for bid and ask but its the same i get no data for ask only maybe i have to wait for tonight after 10pm london time when the market will start and then i can see the ask price. That's correct, you'll see the saved bid/ask as soon as there...

JoshM

Perhaps you can also try Q&A sites like SuperUser and IT Security. I haven't used these, but I had good experiences with similar Q&A sites (stackoverflow.com).

Good luck with your problem,

Josh

JoshM

Interesting topic, and you're taking on quite some work with this John. So a thanks is also in place for your efforts and thoughts on how to improve the bug-tracker. If I understand your first post correctly: VF002 (a vote for issue 2, "Users can request to get email when new feature requests are ad...

JoshM

Good feature request, more possibilities with coding is always (well, almost always ;)) good - I voted for it. But.. Just incase you are not aware of it, there is a request (with 7 votes so far) to have MC also execute studies based upon time intervals. MC now has a command I have not used yet that ...

JoshM

Yup, that sadly seems to be the same error . According to MC Support: The Discussion Forum is a third party system. It is provided "as is". When you click on the "Thanks" button and receive the page with the error-you can click on "Reload current page" in your browser and "Thanks" will be submitted....

JoshM

Has anyone attempted to autotrade options with MC, and specifically to automate delta hedges. This would require retrieving greeks from the broker, in this case IB, and to issue the orders based on what the readings are. Any ideas? Only way I can think of, and something that I look to implement as ...

JoshM

Hi Lars, The short answer: I'm guessing that you would need a unique MapID and/or dataKey and send it just like value1? Yes, if you want to put it in a new data map, then you’ll need a unique MapID. The datakey can be reused, since it works as an identifier for that bar. I'm not sure how/what MapID ...

JoshM

am tryingto see eur/usd when i use the indcator spread diff it tell me data is missing as i think it need 2 data to get the diffrent. Yes, that's correct. The "Spread - Diff" indicator needs two data series applied to that chart. So if you add the Bid as data series one, and the Ask as data series ...

JoshM

hi i want to see the difference between the bid and ask price on the chart or any where on the multichart program and if possible i can add the fees for each trade. thanks p.s . i tried to use the indicator spread diff but it did not work. how did you try it? This question from TJ is key. Look at w...

JoshM

Woops. Sorry VirginiaTrader, but.. (..) the Market Scanner can only display numeric values (so you'll have to know that a 1 means "long" and a -1 "short", but you can give the indicator a custom colour, for example green for 1 and red for -1, alerting you of a long or short position), (..) This is w...

JoshM

They are not? I was pretty sure they are.

Doesn't look that way, sadly.

Though I don't trade off my (discretionary) opinions, I like watching GS:

(Embeddings works good here.

)

JoshM

Anyone? Well, I've posted one, but it's not very rewarding to display a static png file in a post on BMT, since the [iframe] ..[/iframe] code for the real-time dynamic chart is (understandably) not supported on BMT. Then the beauty and appeal of the chart, which are somewhat time consuming to make ...

JoshM

the problem you will run in is that you can't access the market depth through EL directly, so you will need a different way to get the next five(ten) bid/ask values. Four years later, and it's not possible (yet). If you, like me, would like to use market depth data in indicators, strategies and the...

JoshM

But, every time a Tick is updated the Spread Indicator goes down to zero. However, the plot on the "SendSpreadData" chart stays correct. I tried with "unticking" the "Update on every tick" box, but the Spread Indicator still goes down to zero after completion of the first bar. Can't really understa...

JoshM

Henry, can you confirm that this is the issue here to ?
Or could it be something else ?

(I think I've made an error, but I haven't completely uncovered/solved it. Will update later with more.)

JoshM

I noticed something that I thought was weird with the new PosTrade.. reserved words, and contacted Henry through MC Support for this and his explanation made it clear to me how these PosTrade.. words deal with trades that have multiple exits but only one entry (or vice versa). I thought I should sha...

JoshM

Is there are any way to get free futures EOD quotes?

Check out Pi-trading, which has free futures EOD data for numerous instruments.

JoshM

Does MC 7.1 Beta provide the capability of printing two summaries of trades? That is, for the 38 markets I follow and apply my trend-following system to, can I generate two reports: 1) A summary of all the markets, and open trade or flat status. 2) A summary of those markets that have signaled a ne...

JoshM

This signal has 4 inputs ATR Trail, ATR Floor, DollarstopLoss and ATRlen. Which signal? The "ATR dollartrailstop_2" signal? As far as I can tell, that's a custom signal, and not one which comes out of the box with the MultiCharts install (though MultiCharts does have an "ATR Trailing LX" and "ATR T...

JoshM

How is the calculation done when there is a new tick in Data1 but not in Data2 ? Does it use the last available tick in Data2 ? Yes, on the closing of the Data 1 bar, it uses the latest price from data 2. So if Data2 is a "slow" instrument, that would be a relatively old price, while it will be a r...

JoshM

Do you have an idea how extensive that programming would be? A lot less time than I thought beforehand - just over an hour now. Can you tell me, judging from the attached screenshot, if this is what you mean / are looking for? In the image you'll see Chart A with the primary instrument on the left,...

JoshM

I'm trying to plot a relative strength indicator on a tick chart. I use ES as data1 and NQ as data2, then I add the "Spread Ratio" indicator that is basically Data1/Data2. This will work fine with time bars but when using a 600Tick chart the bar spacing will be uneven on the chart. (For obvious rea...

JoshM

If I was programming this, I would use the code that specifically sets the stop order (using a designated price level) vs. the SetStopLevel code, because then I have a greater insight into how the order is being calculated and placed. I did not really understand. You meant using the SetStopLoss fun...

JoshM

For personal use, I've put the documentation from the first post of this thread into a PDF with bookmarks for easy searching and off-line use. Since others users might also be interested in that, I've attached the PDF to this post.

Regards,
Josh

JoshM

1) Is there a way to receive the number of exits for a specified position? Since I was stuck with this, I wasn't very patient and wrote an email to support with this question. Sadly, I didn't formulate my point clear enough and wasted someone's time (sorry Dave ;) ). However, when I typed off my re...

JoshM

Walk-forward optimization is not supported in Portfolio Backtester. Too bad, since walk-forward optimizations are a great way to test the robustness of a trading strategy and get a better picture about what future performance might be expected. Please consider voting for this issue if you'd like to...

JoshM

1. PosTradeCount Returns a numerical value, indicating the total number of entries for the specified position. Usage PosTradeCount (PosBack) Where: PosBack - a numerical expression, specifying the position: 0 - open position; 1 - one position back (the last position closed); 2 - two positions back,...

JoshM

WordPress is in my opinion the best blogging platform, and I've made a few simple blogs with it in the past (self-hosted). It´s easily maintained, has a lot of plugins and themes, is quick, and quite popular so a lot of support available. A free hosted WordPress blog can be found at Wordpress.com , ...

JoshM

- I am trying to determine the entry name & exit name for the position that is closed on the same bar. Is there any easier way to do that using new keywords? I guess you can use the new PosTradeExitName() keyword for that, but I don't know if that will be more easier than ExitName() with a MarketPo...

JoshM

I remember a GUI based pattern recognition program back in the 90's, I think. No coding required, just highlight the desired pattern and the program would search for all similar patterns. I think it also gave stats on what the average price movement was, after the pattern.. In this months Stock & C...

JoshM

MultiCharts 7.01 is scheduled for the next week. Please follow us on Twitter , Facebook , LinkedIn , and our Traders’ Blog to know about the latest updates. Great, that's quite soon after MC 7. :) I figure this mean the release date of December 1st for MultiCharts 7.0.1 and February 1st for MultiCh...

JoshM

This feature request has been reviewed.
In MultiCharts 7.1 we will add new reserved words to get data from Accounts tab in OPT in the script.

And the crowd goes wild!

Thanks for adding this feature!

As I understand it, this would include the "Open P/L" data for each account?

Regards,
Josh

JoshM

When I click on the "Thanks" button for TJ's posts, I get a blank page with.. Fatal error: Class 'messenger' not found in /usr/www/users/tss/multichartscom/discussion/includes/functions_thanks.php on line 511 but if I give thanks to users with longer names (like NW27, arjfca, khalaad or bowlesj3) th...

JoshM

Edit : The official MultiCharts Support documentation can be found here . A downloadable PDF for off-line use can be found here . ------------------------------------------------------------------------------------------------------- I don't know if the text below is the 'release version' of the do...

JoshM

(..) I think EntryPrice is used with a "position number" argument, not a "trade number"; your code happens to give the right answer because it is counting the number of positions with entryprice>0 This code will do the same: variables: counter(0); while EntryPrice(counter)<>0 begin counter=counter+...

JoshM

Solved! :) (Sorry, quite happy/satisfied now) the price of every Entry is calculated with PosTradeEntryPrice(positions_ago, trade_number). All keywords beginning with “PosTrade…” return the necessary information regarding every trade of your strategy. According to my understanding : PosTradeEntryPr...

JoshM

(This post, with further questions and partially working code, has been deliberately emptied to keep this thread tidy. The solution is provided further below.)

JoshM

(Post deliberately emptied - asked a question that I later realized was needlessly, and gave an code example which further derived from the topic subject.)

JoshM

Thank you TJ. This was just a silly example. I never use "buy this bar on close" in real time, but I did not know that it was deprecated as it is documented in PowerLanguage. Changing the sentence for if currentbar=100 then buy next bar at market; will get the same runtime error. True Qweasz, the s...

JoshM

Thanks I just found the function FormatTime("hh:mm:ss", atime); My time is (Time) that is the value of the ending time of a bar The return string value for FormatTime("hh:mm:ss", time) is "12:00:00" for every time (ending bar time) value If i could have this function to work, it should resolve my p...

JoshM

Sorry to resurrect such an old thread, but when can we expect bad ticks filtering? It is a real big problem and it weakens MultiCharts' potential. This is why we are planned this feature for the next version. As a temporary solution please use QM->Edit data to correct the wrong bar in minute data an...

JoshM

Nice website. :) And it gets quite interesting when reading on. From the FAQ : (..) we plan to eventually create a complete online trading platform that supports automated, chart and DOM trading, backtesting and portfolio backtesting with the use of cloud computing – one that is available through an...

JoshM

I have interactive brokers, there it is not in the list. Look at my screen grab: Is there any way to expand the list ? Hm you're right - I also don't have the DAX symbol root for InteractiveBrokers. That's weird. What you could try is adding the symbol for InteractiveBrokers manually through Tools ...

JoshM

Btw CrazyNasdaq, this is the expiration rule that I use for Eurex fixed income: http://www.multicharts.com/discussion/download/file.php?id=3866 Which is my interpretation of (so it might not be correct).. Last Trading Day Two exchange days prior to the Delivery Day of the relevant maturity month. Cl...

JoshM

Yes but that is the bund future, not the Dax Future, Futures on the Dax stock index. True, but CrazyNasday mentioned the FGBL, and since that is one I also plot, I thought I give an example. I don't plot the FDAX, but my other Eurex symbols (FESX, FGBM and FGBS) have the same settings as the FGBL: ...

JoshM

Is that a glitch or am I misinterpreting something? How would we go about having it show just the one order? As far as I know, this is expected behaviour (see for example this thread , where there are double entries). I have the same behaviour - four Order and Position Tracker for each transaction ...

JoshM

Hi CrazyNasdaq, I've partly solved the problem with Custom Futures and Zenfire data. Instead of modifying the program, it's easier to modify the expired symbol, so you can modify the expired symbol form FGBL0911 to FGBLU1 so Quotemanager recognize the letter and not the number and you can create you...

JoshM

The only way I can explain this NumToStr() behaviour is saying that it's a 'bug' - which actually means that I'm just out of ways to test/dissect this behaviour. :) [...] Anyone got an idea? Well, it's not a bug and I got it solved (see below), but could have saved a lot of time spent "debugging" t...

JoshM

you can reduce the calculation to this one line: decimal = Log(PriceScale) / Log(10) ; Hm, if I calculate the decimals and use NumToStr() to print these, I get for certain instruments (for example, USD/JPY) wrong results, even though the formula quoted above does work correctly. Code: variables: nu...

JoshM

There is no such keyword yet implemented. Thanks for your quick clarification. Can I assume that, from the use of the word 'yet', this is something that is planned for a future version or should I make a PM entry for it? In another topic, I saw that Lars could display the visual open orders of an a...

JoshM

I can confirm this behaviour Lars, so you're not the only one who has this behaviour with the mentioned default strategies, but I don't know if it's expected behaviour (i.e. the default turn-and-reverse from these strategies) - and I haven't seen this behaviour in other strategies, so I don't think ...

JoshM

Josh, Thank you for the effort. I changed my code to look like yours. The main difference from my code as I see was that you use "end else" between the different scenarios. I got it to work and it looks good to start off with... However the issue with "double orders" remains. You would think that u...

JoshM

If you mean moving aveage on Strategy Performance Report equity curve(s); I do not think this is presently possible. I think we're not on the same page, because as far as I know it's possible with the i_ClosedEquity reserved word, though this requires that the strategy is applied to one chart (i.e....

JoshM

Dave, I agree with Laurent's request but a list of folders and their locations for V7 would be appreciated.

Don't know if it's still relevant, but a list of folder locations for MultiCharts 7 can be found here.

Regards,
Josh

JoshM

Could you point me to the setting that controls bad ticks in Tws I can't find any reference to that.

Good question - I also can't find it, not in TWS itself (in the Global Configuration), nor with Google.

Regards,
Josh

JoshM

I'd like to add two questions to this: I was planning to update TWS this weekend to the version ilt0000 uses, but judging from his comment this is not a good idea? A more general question is: does MultiCharts advise to update the standalone IB TWS as soon as there is a new TWS version available, or ...

JoshM

Hi Lars, I don't know if I can help in some way since you seem quite knowledgeable about MultiCharts, but I've taken the liberty to take your four points that summarize the logic you are looking for, and coded it like I would code it (which it's not to say that's its correct ;) ). I've included your...

JoshM

A bad tick filter would be welcome addition as would be editing ticks from the chart. Agreed. This feature is going to be implemented in the future according to a comment from May 10th: "Bad" ticks are coming both to TWS and MC. TWS filters "bad" ticks. You can find such option in TWS settings. Unf...

JoshM

Would Multicharts kindly 'review' the request (which has attracted 14 votes)? Yes, please do MultiCharts - this is an important request. Since this information is already know to the MultiCharts program (in the Accounts tab of the Order and Position Tracker) I'm fairly optimistic this can be relati...

JoshM

Perhaps I've overlooked it, but is there an EasyLanguage reserved word for getting the data source of the instrument (i.e. InteractiveBrokers, Zen-Fire, etc.)?

Regards,
Josh

JoshM

Straight from a custom function I wrote, so perhaps you need to change it somewhat: value50 = time_s[tmpBarsLookback] ; value51 = time_s[tmpExitBar]; tmpEntryTime = FormatTime("HH:mm:ss", el_timetodatetime_s(value50)); tmpEntryDate = FormatDate("d-M-yyyy", el_datetodatetime(EntryDate(1))); tmpExitTi...

JoshM

[..]If you read my post above, I am calculating that one more review should cause MC to jump way up from rank #32 (even if the review is not that great). Maybe someone can add a 3rd and see if I am correct.[..] I've just added my review, but the rank is still 32. What were we betting for? ;) Just k...

JoshM

That's not what I mean, your code places ordinary stop orders and doesn't change the order till next bar. These are not bracket nor OSO orders but common stops. I know, that why I said 'something like this'. If you change the code by reflecting a stop and limit order, you'll get a bracket order in ...

JoshM

Something like this? (found on BMT) vars: setupCondition(false); if .... mysetup... then setupCondition = true else setupCondition = false; // Submit entry orders as long as the setupCondition = true *and* there is no market position if setupCondition = true and MarketPositon = 0 then begin Buy ("En...

JoshM

Thanks for the interesting links Shadrock55. :) 1. Instead of optimizing on one parameter, do you have a version that uses some results as filters or have you come up with a scored weighting system? Rather than exporting to Excel, there should be a way to get the best system without an export. I don...

JoshM

I developed a trading system that backtests super, just looks at the strategy analysis picture. However on a trail account results were somehow different. To much though. At what parameters do i need to look to say the back test is reliable.? 'Huh hoe kan dat?' Good question. ;) What kind of backte...

JoshM

two questions: 1. how indicator values and trading algorithms are calculated in OOS. plz see my attachment for detail. 2. How trade is managed in OOS. If I have a open position in the first OOS session, MC will let it open or close this position at the end of the OOS session. If MC will keep the op...

JoshM

I'm inclined to agree. Even some features older than a half year are 'not reviewed', and the same goes for features that did receive some votes and comments. The same goes for things that are for more than a half year 'under review' - which makes me wonder whether it should take so long to agree on ...

JoshM

Thanks for this thread John, you're touching on quite some important points here. Regarding execution of a stop order, I do not execute through MC. Being what I call a system discretionary trader (a discretionary trader with very precise rules that reads the wave input manually rather than trying th...

JoshM

I've added currency pairs with MB Trading as data source, category Forex, and the FXMB exchange, which is a custom exchange with the MB Trading Hours and fractional pips. I've noticed that, when I made a manual chart trade, MultiCharts adds these same Forex instruments, with the MB Trading Data Sour...

JoshM

Hi Emmanuel,

According to the roadmap (bottom of that page) in the begin of December.

Regards,
Josh

JoshM

In regedit I can not find "HKEY_LOCAL_MACHINE\SOFTWARE\TS Support\MultiCharts\MemoryMonitor"

I am using MC 7.0

I'm also using MC 7.0 on Windows 7 Home Premium, but it's there. Try searching for "MemoryMonitor" in the Registor-Editor (Ctrl - F).

Regards,
Josh

JoshM

I hope this hasn't been answered before, but I haven't seen anything.

Is there a way to keep the performance report datas once you turn off your automated system ?

Can you keep the trades done on the chart ?

Good question. I'd also like to know this - can this be done?

Regards,
Josh

JoshM

I like to plot this array, but it doesn't seem to work. [..] Plot1(Array1); Hi Kentai, You can't plot an array, but you can plot the value at an specific array entry. For example, Plot1(Array1[1]); or Plot1(Array1[35]); or Plot1(Array1[95]); ..would all work, while 'Plot1(Array1);' in effect is say...

JoshM

This coming Thursday there will be another Big Mike webinar starting at 4:30 EST about systematic trading with MultiCharts, hosted by a CTA hedge fund trader. More information about this webinar . Personally, I'm really looking forward to this webinar. :) Just to note, as far as I know, this webinar...

JoshM

Hi Zzr1200al,

This also happens in the regular version of MultiCharts, see this thread: viewtopic.php?f=1&t=8936

It seems a solution is forthcoming,

Regards,
Josh

JoshM

Good posts - I practically agree with all of them. And still I'm hesitant to add my opinion to this thread, since I assume MC Support is working hard on the documentation and fixing software issues plus implementing new features, so it don't feel that it would be fair from me to come hard down on th...

JoshM

How do I turn off the transparent crosshair time/price display? I know this was fixed in subsequent releases after version 2.1 but after installing version 7 it's back and I can not find how to change this. Hi Tom, Do you mean turn off the transparent crosshair or turn off the transparency of the c...

JoshM

How is that 0970 time represented on the chart? And, is there any issue with using that time in a signal input? Does it need a conversion of some kind? Hi FatsTrader, Perhaps you could use something like this: vars: DateTimeDifference(0); if CurrentBar < 300 then begin DateTimeDifference = ElTimeTo...

JoshM

With MC7 the PowerLanguage Editor is changed compared to MC6. Is it normal behaviour that I experience the following (more or less) annoying features? * The autocompletion menu disappears when I type a capital letter, which makes it harder to use with variables that contain capitals (such as MyFXVar...

JoshM

Hi Champski, This sadly is not possible. Arjfca recently created a feature request for it: MC-512 - Adding a function for reading the status of an order on the broker server . It has already received 8 votes within a week - clearly something that is highly wished by the community. Edit#2: A similar ...

JoshM

Hello John How about a global variable value with a specific name for each study In an external signal file, use these code to setup global variables Var: IntVal (0); IntVal = GVsetNamedInt ("StudyOne", 3); // 3 data series to look for IntVal = GVsetNamedInt ("StudyTwo", 2); // 2 data series to loo...

JoshM

GV works only realtime. Take a look at this post on bigmike: http://www.bigmiketrading.com/multicharts/2698-multicharts-multicharts-multicharts-16.html#post33044 It contains a ADE version of a saver and loader modified by MC engineer ALEX so it can transfer data and marketposition between tick char...

JoshM

Hi Fxdrive,

Wouldn't this be the same as the Point bars in MC? According to the 'Momentum bars' definition from TS this seems to be the case (see attached screenshot).

JoshM

2. Bulkowski has listed all the classical chart patterns and gives their statistics of profitability in his books (I recommend his books, you would be surprised). And well, there is a lot of traders who trade this chart patterns. Autochartist is a recent tool for the forex which draw some nice patt...

JoshM

On-topic: my top 5 of feature request I'd like to see implemented Only 5? My list of 12 hereunder: Yes, a top 5 from a watch list of 48. ;) I personally rather have MC implement just those 5 features than the other 43, even though they're all nice feature requests, there not all important (for me)....

JoshM

Dear flyinglight, 1) In strategy - original code + the following line: GVSetNamedInt("ExitPrice", exitprice); How to get exitprice in indicator: var: exit_price(0); GVGetNamedInt("ExitPrice", exit_price); plot1(exit_price); [..] [..] BTW, the code above is incorrect. It should be: var: exit_price(0...

JoshM

Nice idea for a thread Laurent. :) [..] 5. The possibility to trade stocks, CFDs, options at a good European broker (not only futures and forex...). Ex: IG Markets/Boursorama. Actually Americans brokers are supported but not nice ones in europe :'( https://www.multicharts.com/pm/viewissue.php?issue_...

JoshM

I’m writing a function to use in a strategy that gets tested in the Portfolio Backtester. Each symbol in my portfolio may or may not have more than one data series. For example: Symbol1: Data1, Data2, Data3 Symbol2: Data1, Data2 Symbol3: only Data1 Now I want to loop through the data series that are...

JoshM

i don't like to clutter my QM with lots of expired symbols, instead i would like to export historical continuation data and import again to latest expired contract and keep my QM clean. Agreed, I also would like to see some kind of "hide expired contracts" option so that it's more easier to find th...

JoshM

Interested readers that came across this thread might want to vote for this feature request:

MultiCharts Project Management - Issue MC-512 - Adding a function for reading the status of an order on the broker server

Thanks for voting!

JoshM

I don't know if this is relevant, but in the past I've experienced that the quote lines in the TWS itself also count toward this limit.

You've probably already looked into this, but do you perhaps have some IB symbols in QuoteManager set to 'collect without RT data plotting'?

JoshM

Hi Champski, Sadly, this is not yet possible. A feature request for this has already been made - you can add your vote to that: MultiCharts Project Management - Issue MC-510 - For AUTO TRAIDING NEW FUNCTIONS . In the meantime, you could use a GlobalVariable, which holds your (manually entered) accou...

JoshM

Edit : TJ beat me too it. :) Below is practically the same post as he made. TJ and JoshM here again the code: i forgot one line : MyValue = WiMA.Hausse / WiMA.Baisse; Compilation impossible I use MultiCharts Version 7.0 Release (Build 4510) Hi Nuno, The error I receive with your indicator is a "div...

JoshM

I have compiled and applied it with no problem.

I am using MultiCharts Version 7.0 Beta 5 (Build 4456) on VISTA HP64.

Same here - compiled correctly and plots without errors. (I'm using MultiCharts Version 7.0 Release (Build 4510) on Windows 7)

Have you other uncompiled indicators Nuno?

JoshM

[..]I deleted and added the history to previous expired contract....and custom future worked nicely....only problem is the annoying alert messages i get every time i open the program...or changing chart periodicity....any work around for this ??? You mean the yellow pop-up messages when trying to p...

JoshM

Hi Pivot, Looks good, though there is one logical error in it (in my opinion). You enter a position with a EntPrL limit or EntPrS limit price, that you want to have submitted at the current bar. However, these limit prices are calculated using the vSDEnt variable, which holds the StdDev value for th...

JoshM

How do I get rid of the gaps ????

If you mean what I think you mean - this (sadly) can't be done.

See MC-377 - Keep X Scale of Data1 when 'hidden' Data2 is in different time frame [Feature Request].

JoshM

That would be nice to include it by default in the version 8

Who know what might happen with enough votes:

MultiCharts Project Management - Issue MC-471 - Market Profile in Multicharts

JoshM

... 1. Why is this? 2. In this case, how does the backtesting know what happened inside the bid/ask bars? 3. Does the Bar Magnifier also includes the bid/ask series? These are still good questions - did you get/find an answer to these Duration? Perhaps somebody else can give their opinion? I'm aski...

JoshM

... my trading computer runs 24/7 though I restart it every weekend to clean memory and also clean possible viruses, bad registry entries and all sort of problems that windows can produce :wink: ... Be careful. MC collects the data in a cache. The data is written to the database when you EXIT the p...

JoshM

how can I get the close price of the first bar of Jan.3rd.2011? That can be done on different ways, depending on how you want to implement is. Following is one example (I've included the Print() statements to show what happens in the code, but you don't need these for the solution): vars: myYear(11...

JoshM

Thanks TJ!

JoshM

I'm a little confused about Custom Futures (and data collection). Custom futures are virtue symbols; they have no data of their own. ... Would that also mean that the Custom Future changes the data of the individual future contracts from which it is "build" when a Back Adjustment Mode is selected, o...

JoshM

So, what does ‘Strategy Open P/L’ mean? Just as a follow up: 'Strategy Open P/L' is the GrossProfit (Profit excluding commissions) of the position. The problems with thousand values in the 'Strategy Open P/L' column can be solved by changing the BigPointValue of the chart symbol. When adding symbol...

JoshM

JoshM, Please come to our Live Chat between 6:30AM and 2PM EST so we can connect to your machine remotely and analyze the situation. Will do. Off-topic but perhaps a great idea for Live Support: Skype support! Now I'm often just awkwardly waiting till the support provider isn't moving the mouse for...

JoshM

Hi Martin, If I understand your example correctly, I've recently had a similar problem: https://www.multicharts.com/discussion/viewtopic.php?f=1&t=8860 In that case, there was a bug in MC <7 which caused the NumToStr() to 'recycle' the first values when reaching a length of 9 or 10. What MultiCharts...

JoshM

Thanks for your reaction Dave. Normally, the gaps caused by Internet connection loss are not backfilled automatically - you have to reload the charts manually (Ctrl+R to fill the gaps). This should be the case for both MBT and IB. Hm, that's somewhat disappointing (and troublesome with automated tra...

JoshM

DOM is working fine here with MB Trading, Zen-Fire and InteractiveBrokers. How did you enter the Symbol in the DOM? Typing the symbol followed by Enter will let the DOM continue to display the 'waiting for data..' error message - this is a known bug. Using the magnifying glass (i.e. the Lookup funct...

JoshM

However, I don't see why anyone would want to have Desktop when they can have Desktop Pro? Multicharts DT is still full of bugs, and until it's stable enough, I do not trust it enough to use for my actual trading. Because it is now not compatible with the Desktop Pro, I cannot even use the Multicha...

JoshM

I have some questions/observations, and I was wondering if MC support and/or other MC users can give their opinion on these. :) 1). In MCDT I can activate the Data Window per Workspace. That way I can have a data window in my ‘charts workspace’, and don’t have it in my ‘order and position tracker wo...

JoshM

Thanks Josh, I am using build 62. Will download and try latest version. For data i use intraday 1 min chart (couple days worth of data). I attach _Historical_Entry signal to my chart thinking that's what i need to see my past trades (it does not work). I guess i do not fully understand what each si...

JoshM

2. How do i see basic statistics, ie win/loss ratio, each trade win/loss size, etc? From reading help menu i understand you get this via performance report but it's empty. It's working here in MCDT Version 7.0 Release (Build 66), with the default 'MovAvg2Line Cross LE' and 'TimeExit(Bars) LX' defau...

JoshM

Perhaps I'm doing this wrong, but when I type in the symbol in the DOM, followed by an Enter, I get the 'waiting for data...' message. Yet when I click on the Magnifier class and select the same symbol followed by clicking Ok, the DOM loads the data for this symbol. Since manually typing in the symb...

JoshM

I was able to get logged in, using 11.8.0.36. Great you got it solved. :) Here is a problem, the scale for US stock index futures is screwed up. I can't place a limit order 20 points away from current price Did you manually added this symbol or through the Lookup function? What are the instrument s...

JoshM

Can you post a snap shot of your Dom please See attached. The displayed times are in UTC+1, which currently is 16:17 o'clock. Current NY time is 10:17, and MB Trading opens at 17:00 NY EST time, which explains why MultiCharts is waiting for data. Btw, the disconnect/connect messages in the log are ...

JoshM

I've just started 'testing' MC7 and I must say I'm quite happy with it. Thanks for a great job MC! :) Perhaps this is a somewhat silly question, but can someone tell me what these buttons to the left of the workspaces are for? http://www.multicharts.com/discussion/download/file.php?id=3725 In MC6.0,...

JoshM

Hi Stan, It's still not compatible with MB Desktop Pro. The message is "You are using an obsolete version of MB Trading. Please upgrade." My version of MB Desktop Pro is dated 1/2/2011. Thanks. Hi Jim, I've got the same error after upgrading MCDT to 7.0.66.400. After removing Desktop Pro and instal...

JoshM

Is anyone using Traders Work Station and MultiCharts to chart various stock indexes (Canadian Market, U.S. market, etc). If so, what symbols are you using and how far back can they go (5 years, 10 years). I can use the symbol to call Interactive Brokers to get the feed subscription info and costs. ...

JoshM

I seen some topics around here that are quite old about the idea of having more Performance Report metrics being available as part of an optimisation/sweep process.. In particular I am looking for the metrics in the 'Outliers' part of the performance report, '1 Std. Deviation of Avg Trade' both pos...

JoshM

Hi George,

You mean candlesticks build on volume? (Since these will give each bar the same volume)

Right click on the chart, go to Format Instrument, and build your graph based on 'x Contract'.

formatInstrument.png: (54.41 KiB) Downloaded 518 times

Regards,
Josh

JoshM

is it possible to use seconds in arw_new or tl_new ? When using Text_New_s, TL_New_s and Arw_New_s, is there a way to force MultiCharts to use the BarNumber for plotting instead of the Time_s? On lower resolutions, when it's possible that multiple consecutive bars have the same seconds time stamp, ...

JoshM

I couldn't find a source that stated that API access requires a $10k account. Josh, Telephone Divisa USA on 312.789.4750 and ask. Didn't mean to offend you, so sorry if it came across that way. Just mentioned it since I couldn't find it, like I also could mention that I can't find the amount of his...

JoshM

Can you elaborate on this? I'm not following what you mean with 'honest' latency, and why this 'should' return positive slippage If there are 3-5 ticks between the order click and the fill at a broker pinging 300ms, I would think this as 'honest' latency. However, if there are 3-5 ticks between the...

JoshM

[..] Is it a good manner to close a collection after each lecture? [..] Normally this is done implicitly by the program/code itself, so you don't have to make it explicit. However, since your code is in the LastBarOnChart (and thus with real-time data always active) it might be that the ELCollectio...

JoshM

[..] Problem: While my indicator is running, if I modify some value in my text file, these one are not reflected in the print command, Print(TextFile); New value will be display only after I turned off then turn on the indicator. [..] Haven't worked with the type of situation you describe, but if I...

JoshM

[..] Anyway, honest latency should return positive slippage a significant number of times. [..] Can you elaborate on this? I'm not following what you mean with 'honest' latency, and why this 'should' return positive slippage. :) I do not have a complete picture of them yet. I like the spreads on so...

JoshM

Looks interesting: Q: How many currency pairs do you offer? A: 33 currency pairs + spot Gold and Silver. Q: Do you charge commissions? A: Yes. Since we are a Direct Market Access (“DMA”) broker, we charge $3 per $100,000 to gain access to our core spreads from 9 top tier banks. Q: Do you have a deal...

JoshM

This is the print out I have from your code. ps. this is simply a print out after I applied the code to the chart, there is no live data at the moment. MultiCharts Version 7.0 Beta 5 (Build 4456) 1.02 2.03 3.01 4.00 5.10 6.00 7.00 8.00 9.00 10.03 11.03 12.03 13.00 14.00 1.02 2.03 3.01 4.00 5.10 6.0...

JoshM

... What am I missing? ... I am weaving through the code and the descriptions and the lines of prints... can you condense the "problem" to the specifics? ie remove all the non-issue codes and post only the area that causes the "problem/error"? Thanks TJ, good point. I've tried to reduce the problem...

JoshM

Edit 2 : Problem solved, since the latest MC 7 Beta 5 does not seem to exhibit this problem . Edit : See this post of this thread for a more clearer and shorter problem example. ----------- I get the following output when formatting numbers with the ‘NumToStr(numeric variable, decimals)’ output. Fo...

JoshM

I can confirm this 'problem' Martin, I've experienced it when trying to add an Euro sign (Alt 0128); gives a € in other text programs, but a 㽀 in the PowerLanguage Editor. OS: Dutch Windows 7 Home Premium 32 bit Regional language: Windows: Dutch, keyboard set to 'United States - International'. Keyb...

JoshM

Thanks Furytrader! This is very, very helpful and will look into it this weekend. Thanks a lot for your code example, this is very helpful regarding the use of ELCollections.

Added bonus: this can also be used with Exhaustive optimization!

Thanks again,

Regards,
Josh

JoshM

It seems that there are an issue with PnL. See attached image. On the left we have an eSignal chart, indicating a 52 pip loss, and on the right, an IB chart, indicating a 5 pip loss. In terms of % and $ PnL is equal on both charts. Only pip is showing this discrepancy. Regards, Fernando I don't thi...

JoshM

It's possible we will add them in the future, but there are no exact plans as of this time. Thanks Stan. Can the parameter settings be accessed in a Custom Criteria function? If not, and if these could be relatively easily added (because, unlike the Strategy Position keywords, these are already kno...

JoshM

In the previous posts some Custom Criteria were created to optimize on. But what if we want to optimize on the CPC and PROM? Or the Profitability Rule combined with our own Custom Criteria? Wrapping it up – Combining Custom Criteria and exporting for further analysis The code for exporting the Custo...

JoshM

Yes, these keywords are all the available keywords. Thanks. Do you have any plans to add Strategy Performance keywords in the future, so that we can 'look inside' strategies and calculate performance metrics as standard deviations and length of draw downs? (Given the memory challenges with this, th...

JoshM

Note: Readers who've already used the CPC Index Custom Criteria might want to check out the new version in that post. See post https://www.multicharts.com/discussion/viewtopic.php?f=5&t=8838#p41609 Custom Criteria: Profitability Rule The Profitability Rule is a concept developed by Michael Harris th...

JoshM

Thanks Khalid!

JoshM

Custom Criteria: Pessimistic Return On Required Capital (PRORC) Just got a nice idea.. why don’t we raise the bar even further, and show some extra though love to our strategies? Let’s use the pessimistic assumption of the PROM, which artificially raises the number of losing trades while at the sam...

JoshM

Custom Criteria: Required Capital This version of Required Capital, provided by Pardo in his book (see post above for reference), is calculated as followed: Required Capital = (Maximum drawdown * Safety Factor) / Capital Stop Loss Where… Safety Factor = ‘safety buffer’ which enables continuing trad...

JoshM

Writing calculations in a Custom Criteria to a file Since the Custom Criteria window in MultiCharts doesn’t have a Output Window like the PowerLanguage Editor has, you can choose to write the results of calculations to a text file, and doing some ‘debugging’ of your code. See the example below. // ...

JoshM

Just want to note for readers following this thread that a topic about Custom Criteria can be found here: viewtopic.php?f=5&p=41610

JoshM

Custom Criteria: Pessimistic Return on Margin (PROM) Pessimistic Return on Margin (PROM) is a performance metric developed by Robert Pardo in his book The Evaluation and Optimization of Trading Strategies , 2nd edition, published by Wiley. PROM is the yield on margin that is adjusted in a way that ...

JoshM

Custom Criteria: CPC Index by Sunny Harris The CPC Index is an idea from Sunny Harris, author of the book TS Made Easy! Using EasyLanguage to Build Profits with the World's Most Popular Trading Software published by Wiley Trading. Sunny uses this single number as the index by which to measure all t...

JoshM

I’d like to start a discussion about using Custom Criteria, partly because there’s not a lot of information available about these and also because I think these are a great feature which deserve some more attention. Please note that this is still a ‘work-in-progress’ and I’m no expert on this – just...

JoshM

New keywords have been added in MC 6.0 to allow access to trade properties if pyramiding is turned on. [...] Are these keywords, including the ones that are provided as example in the (default) Custom Criteria, all the available keywords? If not, could copy-paste the whole list? That would be incre...

JoshM

Thanks for the further info about the CPC Index and that Custom Criteria example - very helpful! :) I no longer optimise. But when I did I would generate an Optimization Report, convert it into an Excel file and then use the Excel "Sort" function to zero in on parameters which satisfied the most num...

JoshM

Strategy Optimization Report could (or allow a user to) measure strategy quality on the basis of Sharpe Ratio, or Sunny Harris's CPC Index (PercentProfitable)*(AverageWin/AverageLoss)*(ProfitFactor) to mention just two benchmarks; both of which give better indication of a strategy quality than avai...

JoshM

True, when hiding Data2 and Data3 and changing the bar spacing of the primary chart makes it usable but not good readable. The primary issue I got with this is that it makes the candles all grey, showing only the wicks (see attached screen, with the Bid and Ask data series set to hidden). This makes...

JoshM

I do not think the drawdown duration is reported in any of the strategy reports; I figure this out from the Equity Curve and / or List of Trades. MultiCharts has made great progress in recent years and has attained the quality level that I think it should be the software of chioce for the retail tr...

JoshM

I think you're right Stan. As long as Data1 is the lowest resolution (i.e. the most updates per time period), in comparison with Data2, the chart plots okay. When switching this (Data2 lowest resolution), the chart (meaning Data1) gets out of proportion. (See attached screens, with the Ask data as D...

JoshM

Hi Trader43,

It isn't possible to add an indicator yourself to MCDT - this is only possible with the regular version.

But looking at what this 'HH LL indicator' does, perhaps you can try the 'Pivot High' and 'Pivot Low' indicators in MCDT - they seem to do what you're after.

Regards,
Josh

JoshM

I couldn't find a function which calculates the number of working days between two dates, so I created one. Perhaps this modest function can save someone some time. Function code { 27-6-2011: NumOfWorkDays - Function for calculating the number of days between two dates } Inputs: StartDate(NumericSim...

JoshM

Where can I find the length (in time) of the maximum strategy drawdown? The Performance Report already shows the 'longest flat period' in the 'Time Analysis' tab, but I can't find the length of the drawdown - which is important in my opinion because a low drawdown (which lasts a long time) is worse ...

JoshM

yes, just set the display to hidden . Format Instrument > Style > Invisible bars If I add Bid and Ask data to the chart for backtesting with Extended settings, this makes the primary chart unreadable even when the added data series are set to Hidden with Invisible Bars. Is this expected behaviour o...

JoshM

ALWAYS synchorinise with a reliable Internet time server before turning on MultiCharts. Funny thing, I just this morning changed the frequency with which Windows synchronizes the time. Perhaps this can be of use to other users as well: 1. Open Task Scheduler by clicking the Start button, clicking C...

JoshM

any tip where I can find the log files ?

See

Code: Select all

C:\Users\*name*\AppData\Local\TS Support\MultiCharts\

then choose the MC version, then "Logs", followed by the specific folder.

Regards,
Josh

JoshM

Thanks TJ! Now that's a reduction!

Have a nice weekend,

Regards,
Josh

JoshM

Hi Patrade,

At the moment, this is (sadly) not possible, though it is already submitted in the PM:
https://www.multicharts.com/pm/viewissu ... e_no=MC-34
https://www.multicharts.com/pm/viewissu ... e_no=MC-86

Regards,
Josh

JoshM

The number of decimals for a symbol is regulated through the settings in Quote Manager->Edit Symbol->Settings - Price Scale. I came across this topic when searching for a way to return the number of decimals in a number (for example 5 for 1.56897 and three for 154.025). Below is how I solved this, ...

JoshM

You want to trade a what? ;) After googling.. Ah, so that's a bitcoin (see introductory video here: http://www.weusecoins.com/). Though I still don't understand it completely, why would you want to trade it? I would seriously worry about security: The storm had been building for over a week now. Las...

JoshM

2/ Allow user to have email sent to them when new feature requests are submitted so they can do a review to decide if they want to vote for them. That's a great idea. Not only does it help to keep track of new feature requests, but more importantly, it helps to keep track of known bugs which might ...

JoshM

Comment: I like the Project Management system (pretty cool). However is there a way to get back in and update my entry after it has had final submission. You mean editing a submitted issue? That's possible, just log in and navigate to your issue and click the 'pencil' near the 'Description and deta...

JoshM

Though I still don't know where I went wrong with the above bar numbers code, that's not relevant anymore, because I've found a solution to display the entry time and exit time in seconds. And guess what, it's easier than I've guessed (well, in hindsight at least). ;) For those interested, here's my...

JoshM

Hi TonyB, I don't have migrated MultiCharts myself, but perhaps this link can help you: https://www.multicharts.com/discussion/viewtopic.php?f=1&t=7913#p36307 Besides that, on my Windows 7 machine, I have the following folders with data from MultiCharts (to be complete, I listed all I could find. I ...

JoshM

Solved: see post below. When exporting trade results to a text file for further analysis, I want to export the EntryTime and ExitTime with the seconds timestamp. Because EntryTime and ExitTime don’t have such a feature, and I couldn’t find such a feature in the help manuals, I’m trying to find a wo...

JoshM

Hi Nick, Just enter a study with print(close); You will see open close high low are all returning X.XX on FX. This is the serious bug that I have been talking about all along, sorry for any confusion :) Very simple to reproduce (unless my install is messed up) it's all user studies in all FX pairs. ...

JoshM

Hi Davito, I think you formulated your question well - personally I never use Pivots but your post made clear to me what you are asking. MultiCharts support also understands your request, so I think you can easily make this feature request without additional screens. Though if you have an clear exam...

JoshM

Hi Davito, PM stands for Project Management which can be found under the "Support" 'button' in the header of the webpage or here: https://www.multicharts.com/pm/. On this page (https://www.multicharts.com/pm/reportissue.php) you can report your feature request so you can keep track of it and other u...

JoshM

You can backtest and optimize a portfolio.... can you trade a portfolio the same way? [..] This makes money management a bit difficult since your strategy won't know how many positions you are in at any given time and how to make optimal use of available funds. TS Support... we never heard your tho...

JoshM

Using the classic mode of backtesting, without bid-ask-data, a feature to set different slippage parameters for the entry and the exit would be helpful. I'm wondering how someone would estimate the slippage, if any, when using the bid/ask data when backtesting? In the MultiCharts manual, page 206, ...

JoshM

Thanks for replying Janus - I also did not receive an email with updates to this thread so I'm also a little bit late. Thanks for mentioning the LastBarOnChart_s quirk, I've taken note of it and hopefully this will prevent me from making this 'mistake'. I'd love to read a list of these little things...

JoshM

I was wondering if it's possible to set strategy parameters (such as initial capital and commissions) from within the strategy code. So far, this seems not possible. Can this be done?

Regards,
Josh

JoshM

This has not been added yet, sometime this year is the plan. If you want to create a paper trail, I suggest you make a feature request in the new PM system. That way this suggestion won't get lost in the depths of the forum. Added to PM: https://www.multicharts.com/pm/viewissue.php?issue_no=MC-385 ...

JoshM

Hi, In my opinion, and I didin't find how to do it, It should be very interesting to put post as personal bookmark Do you mean a personal page/link for each post as opposed to the entire thread? I think an permalink hyperlink in a post would also do - so that clicking on that link would give us dir...

JoshM

At this point, I would advise all people that are interested in this connection to email Oanda (either sales, or business development departments), and indicate that you would like to see this connection. This will help them build a business case for connecting to MC. I guess Oanda is not very inte...

JoshM

Hi, I just noticed in the forum posts something on the left called "Thanks Received" and "Thanks Given". Where/How are these numbers incremented? Thanks, John. It's a new forum feature for giving a thanks (which gives the other person an Thanks Received and you a Thanks Given): https://www.multicha...

JoshM

I am thinking I can try clearing the database so I do not have all those old E-mini contacts (I never look at them anyway since my system is done). I am asking myself "how do I do that". Do I simply remove the 3 files from the directory and MC recreates them fresh if they are not there? Perhaps thi...

JoshM

I did not say it is for real time only. True. Yet I don't understand it. If Last is an quote field (like you said and the manual confirms), but quote fields cannot be referenced historically (according to the manual and seemingly confirmed by all the zeros I keep getting), but they are not for real...

JoshM

LAST is for quote field use only. Thanks TJ for your quick response. Yes I know, Last is for real-time only. That's why I explicitly stated in my question that I used historical data. So practically I'm looking for an 'Last' function which works the same on historical data as the (normal) Last func...

JoshM

How can I get the LAST TICK MovAvg value ? My custom indicator updates on every tick, but how can I access the last tick value (on historical data)? I've already tried Last , which gives zeros, and Close , which gives the close of the bar (if used with BarStatus = 2) otherwise also an zero. Is ther...

JoshM

We simply allow users to optimize symbol/resolution as other inputs.

That would be great, because that's something I truly miss. Where can I find this feature? Perhaps I'm overlooking it, but I can't find it in MC 6.1. Is it perhaps included in MC7?

Regards,

JoshM

I think an backup and restore utility for MultiCharts is very important, so that we can get MC up and running in very little time if we experienced some severe technical or software issues. If you agree, please vote for the issue (https://www.multicharts.com/pm/viewissue.php?issue_no=MC-65) so that ...

JoshM

Hi Jozan, In that case you can try to contact MC support directly and ask them for an implementation and/or progress update. In this thread (https://www.multicharts.com/discussion/viewtopic.php?f=1&t=8560) Stan mentions (the post dated 16th May) that: What traders CAN do to make their features avail...

JoshM

All very good and valid points TJ. One other point is the programmer has to understand the various peculiarities of coding in MC's language. I'm not referring to the language itself but the way MC processes and submits orders to the broker in question. I've found this task not very intuitive and al...

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