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Sorry for quoting everyone but figured was easier than trying to pm each one individually. Unfortunately looks like the MW community just isn't as active (judging by their community forum). I've spent days tweaking and configuring my MW platform but still have tons of questions.
You all seem to have tons of experience so was hoping you might be able to share any cool tips MW offers that isn't as obvious to the new comers? Love to see how you guys have set up the charts/platform as well just to see what else is capable with the platform.
My favorite trick right now has to be zooming the charts with the scroll wheel once you configure it to "Bar Width". It makes zooming such a breeze (best zoom in any platform I have ever used). I also love the "Autoscale" feature which allows me to quickly go between free dragging the chart to having it auto scale for me so I don't ever need to worry about adjusting the price axis.
I do have 2 simple questions if anyone could help with:
1. Is there a way show on the chart where my entry price is, WHILE the trade is still active? Kind of like how NT leaves a line on your entry price so you it's immediately obvious
2. On the Accounts tab, is there a way to filter accounts from SIM vs Live? It gets so confusing at times seeing which trades are which (also wish they showed MFE and MAE like Jigsaw does). If someone could share how they track their active orders on the Accounts tab, would be amazing. Thanks in advance
Best trick: unlock the right toolbar. Go-to settings, toolbar and select the right side toolbar. You now have all the point and click tools everyone looks for.
Double click the chart. In the list settings you can select PL ladder. It will show your profit and loss on the chart. Also makes it easy to set a stop loss if your averaging in trades. As the loss part of the ladder updates as you add to a position.
When it comes to the sim account. Just disable it in settings. Reactivate it when needed.
At the top right of the chart is a button called show orders and show trades. Here you show your trades on chart.
Ah, disabling the sim account worked perfectly for cleaning up my Order history! Thank you for that.
I actually rarely use the toolbar, as all my drawing tools are all binded to hotkeys (line, channel, price level, mouse). Curious what do you usually use the toolbar for?
And yup, I'm familiar with the PL ladder. But I dislike how it shows the $ value. I'd much rather see a per tick basis, otherwise the $ value throws me off (psychologically), hence I leave off. Don't think there's a way to show in ticks is there? And the show open trades/trades isn't quite what I wanted. I was hoping for a horizontal line that cuts across the screen (similar to when you have an outstanding limit/stop order), because the arrows really isn't that helpful, but I guess that's the best I can really do at the moment. Appreciate the tips once again
MW just started the forum this year, so I wouldn't expect it to have the depth that NinjaTrader has in it's forum. I'm relatively active there! Same Scotty A
Ah I forgot about that setting. I turned off all the entry order boxes because it was really annoying have to right click and dismiss everytime they showed up. However when I turn back on and match back to your settings, I do not get the horizontal line going across like you do. Is there another setting I need to enable?
I'm honestly tempted to just go with NT instead of MW even though I'd have to way overpay on commissions. But just too many little things that are starting to annoy me with MW. Have you ever encountered a slow data feed in MW btw? And if so, is there a fix? I'm using CQG.
Of course I have! In the same way that I've had a slow data feed while using NT8, NT7, TradeStation, etc. What platform doesn't have the occasional glitch?
Yes, there has always been a fix for slow data while using MotiveWave. I love the guys at MotiveWave Tech Support.
Choosing a platform should be the least of your worries when it comes to trading. Go with NT8 IMO. You'll pay more for comms, but at least you won't be annoyed.