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Yah, what is all the fuss for. Links are links, if MC does not want you to use the link, then the link should not be there. Their policies apply to MC site only, they can't tell futures.io (formerly BMT) what to do.
@gktk, You had not done anything illegal and no need for apologies. I think Sam's removal of the link was a little too hasty. MC for sure has no problem with Sam's posting their link "here".
It is time to stop this nonsense and only discuss the merits of MC vs NT, why one is better than the other so that one can decide which one will be a better help to a trader.
Instead of getting too wordy, I'll just give my list of Pros and Cons(as they relate to my style!) for each one.
Ninjatrader 7(I had a live subscription for 3 months)
Pros:
1. Chart Trader and trading from the chart.
2. Excellent basic charting
3. Excellent account and performance analysis tools.
4. Clean, minimal user interface
Cons:
1. Buggy and unstable as HELL!!!
2. Must use older version of Navigator and not even have a newer version installed.
3. Chart Trader and FX Pro features are not as clean and functional as their counterparts in Multicharts.
4. Cannot overlay multiple charts in the same window.
5. Clean, minimal user interface
Multicharts DT
Pros:
1. Rock solid platform.
2. Chart trader and trading from the chart are superior to all other trading apps on the market(that I have tried.)
3. Very customizable interface and soft, visually pleasing look. They got this right. It really is about how it looks when you are looking at it for multiple hours. An aggro interface will make you aggro.
4. Multiple charts in one window.
Cons:
1. NO GD RAY TOOL! WTF! I mean really.
2. No account performance analysis tools.
3. Selecting a symbol/timeframe could be made to be much more straightforward. It's kinda klunky, not as bad as others though.
4. Integration with brokers(MBT in particular) could be tightened up and support commissions, etc.
5. In the chart trader it would be nice if you could input in K instead of actual numbers. i.e. when I want to open a position for $20,000 I have to type 20000 instead of 20K. No biggie, just something that saves that extra precious microsecond, which as we all know can be VERY important!
Multicharts, please sell and vigorously support this product! Charge a reasonable amount for it. I will buy it! I don't do any automated trading so I don't need Multicharts 7 and don't want to pay $1000+ for my software. I suppose I'm in the minority or you would have done this already.
MC, I fail to see why you can not take criticism. You can dish it out by calling people on this thread trolls or tell us our conversations are pointless (aka stupid) when the people in this thread, your potential customers, have valid concerns about the use of your product. Perhaps if you were a little more receptive to the concerns of this room you might actually sell more product.
Perception is everything my friend, and right now you are as negative as it gets.
PS. I thought about making it a requirement that I be thanked for this post before anyone could read it, but realized that not as many people would read it if I did.
Bravo Silver Dragon. Multicharts, your software is on-the-way to greatness. I believe it could dominate the market. It appears that you think very highly of it as well. Perhaps too much so. You are arrogant and hostile towards your customers. Not a great strategy.
Would you rather be Apple or Media100? I suppose Apple is not the best example of a non arrogance company, however they do have a focus on providing the best customer experience. Media 100 did not.
Think about it, many professional developers' salaries have to be paid for many years to bring a program of this nature to the market & maintain it ongoing. This is their full-time job, and they have vested their personal futures with the success of this program.
So it's fair that they ask for something in return for giving it away totally free.
The Facebook attempt appears to be the wrong direction - but no one is perfect all the time - they are just attempting to parlay this free giveaway into marketing mileage.
And as a user, you WANT them to be successful with those attempts. SOMEONE has to pay for your free software. Otherwise, your great free software goes away, & you're left to go pay good $$ for something half as powerful & twice as buggy (I promise you I've seen it happen more than once - most people on this forum probably have too).
So, my point here is that there is a tacit understanding when you download something like this for free, it is exclusively an attempt by the company to market itself. It is 100% fair. No one here is so naive to have assumed anything otherwise, right?
So, given that it's fair for them to ask for a little marketing help in exchange for great, free software, perhaps they can consider something more trader-friendly in return for the free downloads.
I say admit that the FB attempt was a sort of slip-up, apologize & forgive, & put some ideas together as to how to get some great marketing mileage in a way that both appeals to traders, & is also useful to MC & Co.
Could you elaborate on the better options? Backtesting is not my primary interest, but finding a good platform for that would be good.
To re-state my point. I would like to know why backtesting isn't approached the same way as market replay. I can certainly imagine why a programmer/software developer would prefer doing it in a way that takes advantage of program efficiencies. (I assume that's what's happening) But from a trader point of view, why would you subject your strategy development to a model that is anything less accurate than market replay? (I acknowledge that broadstroke analysis or larger time frame trading is less sensitive to this distinction, but still, if it can be done with more accuracy, it should be.)
In my discussions with MC, I got the impression that their backtesting does in fact calculate as a market replay. But reading this thread indicates I may be wrong about that.