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Yes, both use C# so a conversion is somewhat easier then when converting from PowerLanguage to NinjaScript or something similar.
But I honestly can't say how difficult it would be to port an indicator from NinjaTrader to MultiCharts .NET or vice versa - this depends on multiple factors. For example, your knowledge of C#, NinjaScript, MultiCharts .NET, the complexity of an indicator or strategy, whether this strategy uses something specific to the platform. And also how much time you can spend on trail-and-error. So I can't say 'oh this will be easy' or that it will be hard, since then I would be oversimplifying it.
But I think that, generally speaking, when one has a basic knowledge of C#, NinjaTrader and MultiCharts .NET, converting indicators or strategies will be relatively easy.
(Sorry for not giving a straight-forward answer ).
Just use the T&S from Ninja.
Most people have an average of 4 charting software anyway...
What's the use of nagging? There is no T&S in MC. Accept the fact and get on with trading.
A few years ago, you cannot open too many software because of the limited computer resources.
With today's 64 bit computer and multi-core CPU and tons of RAM...
you can open 4 software and the computer won't blink.
That data is not great. Yes NT supports it, but it is not tick data. NT also has free EOD data anyways. You can download lots of data from this website, or from demo feeds.
Platform: TradeLink, OpenQuant, considering anything that works...
Trading: if it trades...
Posts: 94 since Oct 2010
Thanks Given: 24
Thanks Received: 39
Hi,
I’d greatly appreciate if anyone could share some views here?
I’ve downloaded the evaluation version and taken a look.
Very early reactions
- (negative) Signals (or strategies) don’t appear to be as event driven as OpenQuant / NT
- Can seem to work-out if you can apply a single strategy to multiple instruments (without having x charts and applying to each)
- Global variables appear need to be used to pass information between each instance of the strategies (running on each chat – see above one strategy per instrument)
- Documentation needs a little bit of work (e.g. introduction video overviews of functions)
- Good integration with Visual Studio
- Overall, looks like a solid competitor in the market place now it has an industrial strength language at its core
I'm also wondering what the current opinion of NexusFi (formerly BMT) users is of MultiCharts .NET. Do people use it? Are they satisfied with it, or found something better?
I mentioned this elsewhere on the forum, but it is my intention to return to NinjaTrader as my primary platform for automated strategy development. I have been losing interest in MultiCharts in recent months after some decisions they've made, and …
Yes, I did. But unless I read it wrong, that thread is about Mike moving from regular PowerLanguage-based MultiCharts to NinjaTrader. That doesn't say anything about the experiences with MultiCharts .NET.
I own MultiCharts.Net, MultiCharts and NinjaTrader (among other systems). And so far I am not too happy with it. Compared with NinjaScript PowerLanguage.NET is far too verbose. And IMHO not flexible enough. For me it currently it is only a nice frontend for discretionary trading. Although, I don't see much of a difference to the "regular" MC here...
For strategies I still rather do a quick prototype in PowerLanguage and the _maybe_ a version in NinjaScript.
Hi Bibulous. Can you expand somewhat on what you mean with "not flexible enough"? And what are some of the things that NinjaTraders does better than MC .NET?
I'm asking to learn some of the important disadvantages of MC .NET in your view, to see if these are also important enough to me to use another platform alongside it.