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MultiCharts Automation with IB

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MultiCharts Automation with IB

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  #11 (permalink)
MultiCharts's Avatar
Columbus, Ohio, US
Experience: Intermediate
Platform: MultiCharts
Broker: Multiple/Multiple
Trading: ES, EUR/USD
Posts: 168 since Oct 2010
Thanks Given: 74
Thanks Received: 172

@atata What exactly didn't you like about the symbol mapping? It was clunky and not very straight forward, so we made a number of improvements in 7.4, which is coming out. If you tell me specifically what you didn't like, I can tell you if that was improved or not.

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  #12 (permalink)
atata's Avatar
Calgary, AB
Experience: Intermediate
Platform: NT, IB, TOS, MC
Broker: IB, Rithmic
Trading: CL, ES, GC, ZS, ZB
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MultiCharts View Post
@atata What exactly didn't you like about the symbol mapping? It was clunky and not very straight forward, so we made a number of improvements in 7.4, which is coming out. If you tell me specifically what you didn't like, I can tell you if that was improved or not.

At first I did not even bother to try to do it myself the symbol mapping based on past experience and asked support to help out. While I was watching it seemed to be working fine.
note: as usual support was fantastic...
That was on my IB paper account. As soon as I've switched over to my IB live account the mapping had to be re-done and was able to do it myself. Also if I remember correctly I had to add the TF symbol again via "Quote Manager". The instrument still did not show up and I did re-start both QM and MC just in case. At that point I was able to do the symbol mapping between Zenfire datafeed and IB on the TF chart for trading.
I understand the whole issue is not caused by MC rather the brokers using different naming for the same thing.

Not sure what kind of improvements I can suggest /maybe a step by step how the symbol mapping shall be done and in case switching accounts even if the same broker there maybe an extra step required/.
I have to add as soon as it was done than everything worked as I've expected. I do need to change my strategy and will do first a lot more forward paper trading before try again live trading.

As per improvements maybe it is not a fair comparison because of different architecture etc.. however Ninja symbol mapping is basically none existent from the user's point of view.

Also since I've got your attention, I could not find yet on the BM forum or on the Multicharts website a "good" source of documentation. I am mostly looking for documentation on Power Language code, help, samples etc...
I have the following email with support open and not sure if I shall open a new thread or there is an existing one to get info back on the issues below:

Thanks very much for your time!!!


I am basically looking for some code or functions to achieve the following:
At a max loss wants to set a flag for no more trade. So far I've used "Netprofit" for some of my logic however I am not sure what else is available since the documentation does not seem to be complete.
/I kind of can do the max loss calculation using Netprofit but it is rather complex while I'd think shall be some functions which will provide this info at ease/
See my comments below in #2.

The link below has some documentation such as powerlanguage.chm however when I download it does not work?!


Getting the message below. What am I missing?

#2 I've found some new "stuff" under the link however nothing in the documentation anywhere?!


For example the following looks interesting, but when I'll look in the PowerLanguage Editor under help can't find anything.
Realized with logic that Unrealized PL = Open PL.

This is for now and we'll go from here.

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Last Updated on December 2, 2011

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