Multicharts

[ptop 10]

Is there any multichart users out there? Is it as good as tradestation and what app is the best on resources? It seems to be able to use all of the tradestation code but some say it is a resource hog.

 

Thanks

[brownsfan019 17]

ptop - do a search as MC has been brought up a few times. I was using them quite a bit before moving over to Open ECry's charts.

[januson 10]

Hello

 

I'm using MultiCharts, it works perfectly (IMHO) and after their latest release the performance is okay - it uses alot of ram (300kb) but that is maybe because I have 6 Workspaces each with between 2 and 4 charts

 

I've only seen TS at videos, TS is a much more mature work - no doubt about that, but TSSupport is ongoing in the developing MC, besides that, they are very nice in their forum and listens to new ideas for whatever feature you want.

[ptop 10]

januson I just installed MC and am having problems with daily charts, i am using IB data and all I'm able to get is 1 day data and 2 months forward from today without data, I have tried all day to set this up with no luck, tried there forum but it seems u can't even register for the forum????Does someone here know how I can register for the forum? Also to change multiple chart symbols is hit and miss mostly miss, u would think with all the linking abilities that u would be able to link to the quotemanager???? I go to format symbol and enter symbol and nothing. Is there also a way for IB clients to get more than 6 months data like Ensign has and also continuous contract? And what is with the quote manager it's not even streaming data, this is the first charting package that I have seen without this or am I missing it?

 

Thanks

[ptop 10]

Also I installed the tick delta that i got from soultrader here in MC and it is showing the volume bars as 2 different bars 1 behind the other, do u use this with multicharts and if so did u notice the same thing?

[brownsfan019 17]

ptop,

The data restrictions are from IB NOT MC. I had the same problem with Open ECry data. It all depends on how much data IB is allowing. Contact IB and see what they say.

[ptop 10]

brown IB allows 6 months, the strange thing is i set 5 months in MC and it would show the current trading day and 2 month ahead as in it was November 2 and would show dates at bottom of chart to January 2 2008??

 

Thanks for your response brown

[Coriolla 10]

Very interesting.

[BlowFish 10]

I use MC. Its strongest point is the easylanguage compatibility. Customer service is great too. This is my main reason for selecting it. Prototyping ideas in easy language while being able to draw on the public domain code base.

 

I have to say in most other areas I find it average to weak. To be fair now it has reached version 2.1 it is better however this is the first version I feel is worthy of release status. It still feels kind of slow and clunky in use and has quirks (most would call bugs) that irritate rather than are catastrophic. I certainly wouldn't trust it to auto trade. Looks like backtesting is coming together (never used it) but the data management is still lacking. To me this is daft as what is the point of running back tests if you cant maintain the data how you like.

 

Really depends what you want to do. The price I paid for it (a couple of years back when it really was almost unusable at times) was a bargain if you look at the product today. Of course now its over 10 times the price! Not sure exactly how they are pricing it right now but its starting to get in range of products like Neoticker which is a superb product and far more mature and powerful (though has a steep learning curve particularly if you want to program complex indicators, power has its price). If you draw a lot of lines or other geometric stuff or the studies you need are available built in or through DYO (design your won) Ensign is a great choice.

 

If it looks like it fits your needs give it a trial.