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Multicharts with .Net


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  #11 (permalink)
 andrewtrader 
Lithuania
 
Experience: Intermediate
Platform: MBT DesktopPro, Multicharts,NinjaTrader
Broker: MBT,CQG/AMP
Trading: Forex
Posts: 57 since May 2011
Thanks Given: 43
Thanks Received: 31


TonyB View Post
I asked Stan if current MC users would have a limited time to purchase .NET at the special price, and he did not know...

my guess is that MC can't decide if they can allow themselves to be greedy with MC.NET or to play tactical game, kill NT7, and get NT7 users first. Their decision on price policy will be game changer that's for sure. Wise player would look into perspective not immediate short term gain... Shortly we will see, will see...

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  #12 (permalink)
 
Laurent's Avatar
 Laurent 
France
 
Experience: Advanced
Platform: MC, MetaTrader
Trading: Stocks, Turbos, FX
Posts: 36 since Nov 2010
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Hello,

I know there is a lot of NinjaTrader users on futures.io (formerly BMT).
As I'm not, that would be nice to know their point of view!

- What are the strengths of NT ?
- What are the weaknesses/limitations of NT ?

By knowing that, developpers of MC.net can orient their future development
and avoid big mistakes!

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  #13 (permalink)
 
cory's Avatar
 cory 
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,098 since Jun 2009
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andrewtrader View Post
.. kill NT7, and get NT7 users first. ..


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  #14 (permalink)
 andrewtrader 
Lithuania
 
Experience: Intermediate
Platform: MBT DesktopPro, Multicharts,NinjaTrader
Broker: MBT,CQG/AMP
Trading: Forex
Posts: 57 since May 2011
Thanks Given: 43
Thanks Received: 31


Laurent View Post
- What are the strengths of NT ?
- What are the weaknesses/limitations of NT ?

NT pros:
- discretionary trading:
* beautiful charting capabilities, candle outline coloring from scripts, regions, etc
* configurable ATM order entry strategies with multiple targets, BE, trailing;
- .NET scripting, but has API, etc. shortcomings;
- availability of data feeds in demo mode (however buying live license locks you in to one data feed provider only! You can't have other feeds even if you are NOT sending live order to them unless you pay for multibroker license or switch to demo. Nonsense beyond words.)

NT cons:
- absolutely crappy (unstable and slow) app architecture and almost everything else from data storage (esp. when working with different data sources for the same instrument to backtesting.
- no independent MC "QuoteManager" like app to manage multiple data sources/feeds;
- single app architecture - i.e. backtesting or data import can crash your discretionary charts and strategies, everything, workspace won't restore on restart;
- no hist. bid/ask and CDelta ability, no per tick, "inside bar" backtesting;
- no tabbed workspace management, no window managment to arrange windows, charts cannot be tabbed or selectively linked by TF interval, account or instrument. See MBT Desktop Pro how it should be done.
- constant instability (crashes if left for long runs) and inconsistency with results while developing/backtesting;
- unsuitable for automated trading because of the way it handles reconnects, errors and API internals;
- too lengthy release cycle - 1 version in 3 years, always lagging behind requests;
- but most importantly - poor NT management's attitude and ignorance to listen to the needs or reports of it's users, pretending "your case is isolated, nobody else is having/need it". If you report bug - I recommend to send screenshots.

In the light of this MC main core and architecture are light years away, although I don't especially like bulky MC's charts and config dialogs. NT's grid style indicator configs are more convenient and provide more flexibility. Winner is Multicharts anyway.

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  #15 (permalink)
 
Laurent's Avatar
 Laurent 
France
 
Experience: Advanced
Platform: MC, MetaTrader
Trading: Stocks, Turbos, FX
Posts: 36 since Nov 2010
Thanks Given: 13
Thanks Received: 8

Thanks I have posted it on the MultiCharts Premium forum! It can be viewed by MultiCharts Developers. I hope you do not mind!

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  #16 (permalink)
 Traderji 
Australia
 
Experience: Advanced
Platform: NinjaTrader, Multicharts
Trading: Spot Forex, Gold, Silver
Posts: 176 since Oct 2010
Thanks Given: 114
Thanks Received: 114

Just read on the MultiCharts blog that MC.net will support GDI+ drawing on the chart. The example they showed was a DOM running embedded within the chart with the capability to add trade buttons.

https://www.multicharts.com/traders-blog/?p=629


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  #17 (permalink)
 
Jura's Avatar
 Jura   is a Vendor
 
Posts: 775 since Apr 2010
Thanks Given: 2,352
Thanks Received: 690

Is anyone here included in the beta? If so, would you be willing to post some code examples of MC .NET? I don't meet the requirements for the beta (experienced .NET programmer) but I'd love to see some code examples. Anyone willing to copy-paste something?

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  #18 (permalink)
 
TonyB's Avatar
 TonyB 
Bay Area, CA - US
 
Experience: Beginner
Platform: TOS, TS & MC
Broker: TDA & TS
Trading: Stock, Options and now Futures (ES)
Posts: 516 since Dec 2010
Thanks Given: 227
Thanks Received: 140

I 2nd that request. And if Volume Profile is on .NET, or if such has been created already, a screen shot of that would be nice to see too... MC, using EL / PL, seems not to be the best environment for market profiles...

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  #19 (permalink)
 
Laurent's Avatar
 Laurent 
France
 
Experience: Advanced
Platform: MC, MetaTrader
Trading: Stocks, Turbos, FX
Posts: 36 since Nov 2010
Thanks Given: 13
Thanks Received: 8

I will be beta tester, but for the moment it is still in alpha!

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  #20 (permalink)
 tx413 
Houston, TX
 
Experience: Intermediate
Platform: Multicharts, NinjaTrader
Broker: AMP Futures
Trading: ES
Posts: 23 since Aug 2010
Thanks Given: 42
Thanks Received: 77


The closed beta for MC .NET has started. I assume I'm not the only one here who got the email. And the email says to keep everything confidential until the public beta. I'm going to respect that; I really like TS Support and Multicharts so I don't want to screw up that relationship.

What I will say is the same as what others are saying -- it's essentially the same application from a user perspective until you click on the "PowerLanguage" editor, which is now sporting .NET instead of Easy Language. And you can use any editor to edit the indicators / signals / functions, from notepad to visual studio 2010. The latter providing far better help and support for classes and other things .NET. The compiling is all done within MC, you can't do it in visual studio.

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Last Updated on June 27, 2013


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