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VIDEO TUTORIAL: How to create an advanced MultiCharts EasyLanguage Strategy


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VIDEO TUTORIAL: How to create an advanced MultiCharts EasyLanguage Strategy

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  #41 (permalink)
M4STR0
Florence
 
Posts: 27 since Jan 2021
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Lampert View Post
@guppy - The important setting is intra-bar order generation. This allows orders to be made before the bar has been completed. This can be turned on under Format > Signal > Properties. Or you can add the following statement at the beginning of your code:
[IntrabarOrderGeneration = True]
Under Format > Signal > Properties, there are three options for setting the number of entries and exits per bar. You can try these different settings to see their effects.

In addition, the keywords SetProfitTarget and SetStopLoss generate orders before the bar has been completed even if IntrabarOrderGeneration is turned off.

For backtesting, it is also necessary to turn on the bar magnifier under Format > Strategy Properties > Backtesting. This allows data within the bar to be used for intrabar order generation. Calculations can be done on tick data or intra-day data depending on which box is checked.

In general, I always use [IntrabarOrderGeneration = True] in my code. For backtesting, I also use the bar magnifier with either tick data or 1 minute data depending availability.

Here are 4 different results from 4 different settings. Each of these results used the same nexusfi.com (formerly BMT) MoneyMaker code that is shown at the beginning of this thread.

Len





So what is the best configuration to run backrests on Multicharts? I use IoG with limit order to one and bar magnifier on 1 minute precision and fill limit order when above of one tick of the price.

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  #42 (permalink)
 
Sinatra Fan's Avatar
 Sinatra Fan 
Orlando FL
 
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Seems like the video doesn't work unless you have Flash which Adobe doesn't support anymore. Any chance there's a different way to view it?

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  #43 (permalink)
 
Small Dog's Avatar
 Small Dog 
Sydney NSW Australia
 
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Bumping this thread.

Mike, earlier in the thread you asked for video requests. If (several years later) you are still interested it would be nice to have a tutorial on portfolio testing and optimization in MC. Just sayin...

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Last Updated on August 2, 2021


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