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Open Feature request MC-787 » Open Feature request MC-1568

Solve Multi data series, IOG, Bar Magnifier, Portfolio backtester

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18
Votes
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Description

MC is a great tool but have some major gaps in the automated order and backtesting area.
Needs: 
1. Extend IOG to all data series.
2. Make Portfolio backtester 'compatible' with MC live and backtesting functionality.
3. Enable order intraday out of daily bars and indicator calculations properly.
 
Limitation summary:
IOG/Bar Magnifier is limited to data1. strategies that references data2 (daily) and dependent indicator is updated at close only and not intraday. Limits the ability to place order prior session close. the functionality really limit the the use case.
Not possible to trade one symbol (data1) and analyze another symbol (data2) IOG, on day data. Price and indicator is not updated until close (session ended).
 
Put these limitations in context of hundreds of charts and complex work arounds using 3rd party libraries. = complex and time consuming.
 
Portfolio back tester lacks major functionality
IOG, Backtesting Precision, Build Day from minutes data, 'Enable access to intra-bar time for calculation in Intra-Bar Order Generation mode', recalculate function. Etc. developing and testing strategies (Portfolio back tester) vs execute in MC is not always compatible, limiting the overall use of MC and enforces complex work-arounds or time consuming evaluations.
 
Similar feature requests to address the gaps:
Backing with multiple data series and accumulated bid and ask volume

http://www.multicharts.com/pm/viewissue.php?issue_no=MC-531

Bar Magnifier and IOG feature

http://www.multicharts.com/pm/viewissue.php?issue_no=MC-1227

make "this bar on close" work in real-time

http://www.multicharts.com/pm/viewissue.php?issue_no=MC-391

Strategy won't calculate until open of next Data2 bar

http://www.multicharts.com/pm/viewissue.php?issue_no=MC-1439

The sum of all votes makes these features very much needed!

Steps to reproduce this issue

Known product limitations not a bug.

Comments (5)
#0
user-offline.png  jimpe (jimpe606)
Dec 27, 2013 - 08:19

Another major drawback not listed above is that time function not return the tick time, but the close of day time during reamtime (current bar) even with IOG and Bar Magnifier. This limit any strategy that want to use time condition. e.g. if time >1700.. buy.. How else would one place order prior session close with Multicharts?
The combination of all listed limitations prevents MC owners from implementing strategies!
MC is very inconsistent, e.g. support a function in e.g. in design/realtime not in portfolio back test. support multi-data series but anyway limited so no use for daily bars which supports placement of order intraday.

#0
user-offline.png  Daenerys (Guest)
Feb 01, 2014 - 16:32

Andrew what is the progress?

#0
user-offline.png  Alex MultiCharts (Alex MultiCharts)
Feb 03, 2014 - 10:04

At the moment the improvements are not scheduled for any particular version of MC.

#0
user-offline.png  jimpe (jimpe606)
Feb 10, 2016 - 19:21

Please implement the features described in this ticket.

#1
user-offline.png  Alex MultiCharts (Alex MultiCharts)
Apr 06, 2017 - 08:48
For IOG and Bar Magnifier in Portfolio Trader, please vote here: https://www.multicharts.com/pm/public/multicharts/issues/MC-787
History
Issue basics
  • Type of issue
    Feature request
  • Category
    Usability
  • Targeted for
    Not determined
  • Status
    Partially Implemented
User pain
  • Type of bug
    Not triaged
  • Likelihood
    Not triaged
  • Effect
    Not triaged
Affected by this issue (2)
People involved
Times and dates
  • Posted at
  • Last updated
Issue details
  • Resolution
    Not determined
  • Severity
    Normal
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