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I see Simon from futuresfx is offering Market delta for free to his members, not sure how is was doing this,, but its a good way to sucker people in to buy his course i guess...LOL
Harris
Can you help answer these questions from other members on NexusFi?
If you use MD or IRT, you don't need Gomi's stuff. Gomi's stuff is just to make NT store bid/ask data, and his indicators are for volume studies and bid ask studies. All built-in with IRT and MD, as well as Sierra Chart.
Looking for ES historical tick data for MarketDelta charts. Did anyone has it? I have DTN service. But they provide only for past 120days worth tick data. Please let me know. Thanks
Have enjoyed following this thread. I have a couple questions for two of you.
Alexlaxmikant, can you give specific examples of aspects where MC is more flexible. I don't know MC well, but am always looking at opportunities to improve the product.
Michael H. - I also am not familiar with Gomi's footprint. Can you expand on how it is MUCH better than MD's Footprint?
MD support is not the equal I/RT support, imho
I was a customer of Linnsof last year and had the mirroring situation to yours
I had a support personally from Mr. Linn and Mr. Payne
It looked like they started their day from customers posts reading - Answers were sent right in the morning /CT/
But I agree with you that MD-I/RT are quite expensive and very qualitative
And I can confirm a high quality of customers support from Linnsoft /maybe the best/
Well I have used MD version 9 so my experience is limited with it only, I have to stretch my memory real hard since its been 2-3 years now.
Few things which bugged me in MD were it's limitation of backtesting strategies whenever market profile related tokens were used like developing POC token could only be used for 6-8 months of data.
Also the scripting language in MD is very easy but because of that it lacks the flexibility, for example - I run this line in MC very often at initial stage of strategy building. If specific conditions are met then buy next bar at xyz price and send the text file to local folder along with date, time closing price and name of signal. This wasn't possible in MD which is very vital for debugging trading strategies. This is also helpful for statistical analysis like how many days market closed positive when previous days POC was greater than it's previous POC etc.
Also there was one problem which troubled me a lot in MD at initial stage and that was repeat population of signals ex. if high is greater than last 4 bars high then buy, now what happen is that when bar changes and open of the bar is still higher than previous high then signal get repeated on this bar and alert signals pop-up again. To avoid that I had to use some other token ( I think it was number of signals, not sure ) I always felt that MD should let users write their own tokens and store them for later use.
Then there was portfolio backtester issue, I couldn't test pair trading strategies in MD or I couldn't test my portfolio.
Besides other minor issue like system used to get slow( CORE2DUO) whenever I tried to use auto scheduling import ( Substitute for Ascii mapping in MC )
The Profile Indicator has a token, PROF, which can be used in the Real Time Language (RTL). While the TPO Indicator/token is limited to 6-8 months, there is no such limitation on PROF, you can go back as far as you can get data (6 or so years on ES from DTN). PROF gives you access to time or volume based VAH/VAL/POC, etc (current/previous/historical).
Each Signal Marker in a chart has an option to generate a Signal Action when the signal fires. Included in the options of the Signal Action is a choice for "Text to File". I don't know if that has all the flexibility you need, but this functionality is currently available.
There are various ways around this, including using the Signal Statistics indicator (SSTAT) with results like "bars since last signal" to only provide that signal if it has been x bars since it last occurred. Could also use SSTAT to ensure it only signaled first occurrence of the session/day.
While you can backtest a portfolio/quotepage of symbols together, and the backtest results in a cumulative/composite set of reports including all symbols...the symbols are tested one at a time and have no knowledge of the state of the other signals on any given bar. There are some complex ways to accomplish this (Quotepage Statistics Indicator and Array Indicator), but it is very difficult to get this done. Our Trading System is better designed to backtest single symbols (although it is very easy to access the data of any other symbol within this backtest).
We have done a great deal of improvement in the area of efficiency over the past 2 or 3 years. I think you might find things much improved on this front from 2 or 3 years back when you last tried the product.