Wrong price on chart trading?

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DRCM
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Wrong price on chart trading?

Postby DRCM » 17 May 2012

Hello,

IB, MC 7.4, Idealpro symbols.
Format Instrument->Settings->Quote Field set to Trade, it still shows Ask price.
If I change it to Bid price I get correct price as Bid, if I change it to Ask or Trade it always shows Ask price. Is here something wrong with my settings or its a bug?
Update: on the top of the chart says Trade price chosen.
Thank you

btw, when IB close Idealpro at 22:00 and open again at 22:15 MC doesn`t update my chart, had to "Reload All Data" to get quotes running again. Had same problem two days in a row.

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Henry MultiСharts
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Re: Wrong price on chart trading?

Postby Henry MultiСharts » 18 May 2012

Hello DRCM,

This question has been discussed in the following topic.
In MultiCharts Ask price is equal to Trade price because IB API is not providing the Trade price for Forex symbols.

btw, when IB close Idealpro at 22:00 and open again at 22:15 MC doesn`t update my chart, had to "Reload All Data" to get quotes running again. Had same problem two days in a row.

Please make sure the session settings are correct in QuoteManager->Edit instrument->Sessions and MultiCharts->Format instrument->Settings tab.
Also install the attached updater.
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DRCM
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Re: Wrong price on chart trading?

Postby DRCM » 18 May 2012

This question has been discussed in the following topic.
In MultiCharts Ask price is equal to Trade price because IB API is not providing the Trade price for Forex symbols.

Hello,

how do we get the right price (Trade) on DOM if IB API doesn`t provide it?

Thank you
Last edited by DRCM on 18 May 2012, edited 1 time in total.

DRCM
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Re: Wrong price on chart trading?

Postby DRCM » 18 May 2012

btw, when IB close Idealpro at 22:00 and open again at 22:15 MC doesn`t update my chart, had to "Reload All Data" to get quotes running again. Had same problem two days in a row.

Please make sure the session settings are correct in QuoteManager->Edit instrument->Sessions and MultiCharts->Format instrument->Settings tab.
Also install the attached updater.[/quote]
Is it same updater released 2-3 weeks ago for version 7.4? if so, my MC is updated already. Settings looks ok. QM-Custom session template 24/7, MC-Default. However I`ll have a look at this problem next week and contact support if it still exist.

Thanks

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Re: Wrong price on chart trading?

Postby Fabrice » 18 May 2012

Hello DRCM,

As you are trading Forex on the same config than me (MC 7.4 / IB), you might be interested in reading the various problems I still have (backfill/update, last daily bar is wrong, timezone adjustment) . See MC-902 where I explain.
I have hopes that they will all be solved in MC 8.0.

Regarding the Trade price vs Bid price, I have also discovered that they are the same on MC. But this is not an issue with MC. Look at the way that TWS chart the Forex, they chart the midpoint, i.e. (bid + ask) / 2. This is because there is no "Last" price on Forex.

http://www.multicharts.com/pm/viewissue.php?issue_no=MC-902
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Henry MultiСharts
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Re: Wrong price on chart trading?

Postby Henry MultiСharts » 18 May 2012

DRCM wrote: Is it same updater released 2-3 weeks ago for version 7.4? if so, my MC is updated already. Settings looks ok. QM-Custom session template 24/7, MC-Default. However I`ll have a look at this problem next week and contact support if it still exist.

This is IB data feed updater. Previously we have released IB broker updater.
Please install the updater I have provided above.
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Re: Wrong price on chart trading?

Postby DRCM » 18 May 2012

Henry Multicharts wrote:
DRCM wrote: Is it same updater released 2-3 weeks ago for version 7.4? if so, my MC is updated already. Settings looks ok. QM-Custom session template 24/7, MC-Default. However I`ll have a look at this problem next week and contact support if it still exist.

This is IB data feed updater. Previously we have released IB broker updater.
Please install the updater I have provided above.


What about MCx64 8.3 beta? Do we have to update IB data Updater as well?

Thanks

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Re: Wrong price on chart trading?

Postby Henry MultiСharts » 18 May 2012

DRCM wrote:
Henry Multicharts wrote:
DRCM wrote: Is it same updater released 2-3 weeks ago for version 7.4? if so, my MC is updated already. Settings looks ok. QM-Custom session template 24/7, MC-Default. However I`ll have a look at this problem next week and contact support if it still exist.

This is IB data feed updater. Previously we have released IB broker updater.
Please install the updater I have provided above.


What about MCx64 8.3 beta? Do we have to update IB data Updater as well?

Thanks

No, MC 8.0 beta 3 already contains all latest updates.
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Re: Wrong price on chart trading?

Postby DRCM » 18 May 2012

Fabrice wrote:Hello DRCM,

As you are trading Forex on the same config than me (MC 7.4 / IB), you might be interested in reading the various problems I still have (backfill/update, last daily bar is wrong, timezone adjustment) . See MC-902 where I explain.
I have hopes that they will all be solved in MC 8.0.

Regarding the Trade price vs Bid price, I have also discovered that they are the same on MC. But this is not an issue with MC. Look at the way that TWS chart the Forex, they chart the midpoint, i.e. (bid + ask) / 2. This is because there is no "Last" price on Forex.

http://www.multicharts.com/pm/viewissue.php?issue_no=MC-902


Hi, Fabrice

have you tryed MCx86 8.3 version? Is there any improvements regarding all these problems?

Thanks

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Re: Wrong price on chart trading?

Postby Fabrice » 19 May 2012

Good news: those 3 big problems have disappeared in 8.0 beta2. For beta3 I do not know. I will check with 8.0 RC once available (which should be a matter of days).

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Re: Wrong price on chart trading?

Postby Henry MultiСharts » 22 May 2012

DRCM wrote:Hello,
how do we get the right price (Trade) on DOM if IB API doesn`t provide it?
Thank you

When the Trade price is not provided, MultiCharts plots mid price (bid + ask) / 2 in DOM

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Re: Wrong price on chart trading?

Postby DRCM » 22 May 2012

Henry Multicharts wrote:
DRCM wrote:Hello,
how do we get the right price (Trade) on DOM if IB API doesn`t provide it?
Thank you

When the Trade price is not provided, MultiCharts plots mid price (bid + ask) / 2 in DOM


Is it possible to implement the same thing in the future into the chart trading like in DOM, or there is some difficulties to do it?

Thanks

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Henry MultiСharts
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Re: Wrong price on chart trading?

Postby Henry MultiСharts » 24 May 2012

DRCM wrote:
Henry Multicharts wrote:
DRCM wrote:Hello,
how do we get the right price (Trade) on DOM if IB API doesn`t provide it?
Thank you

When the Trade price is not provided, MultiCharts plots mid price (bid + ask) / 2 in DOM

Is it possible to implement the same thing in the future into the chart trading like in DOM, or there is some difficulties to do it?
Thanks

It should be possible to implement it but there are no such plans at the moment.


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