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I'm starting a new thread on MarketDelta as per BM's request to keep the MultiCharts thread on topic.
So, GentleTrader posted about this in the recent MultiCharts thread, and I would also be interested to know. are there any MarketDelta users out there?
I was a subscriber for about 6 months 2 years ago.
Rock solid, does as advertised...
I stopped just because I'm not sure the whole footprint thing is all that much better than any other way of viewing the data. If your big into market profile though it seems to me to be a logical fit.
I didn't try the version with the scripting language though.
I just left NT last year (that's why I am here from time to time) because of the historical bid/ask disaster in NT. I have also used MD for some time, but the monthly charge is too expensive for what you get. So I was testing all the others which are mentioned here.
But none was able to deliver chart trading with DOM on chart, fast to use replay feature, and some sort of bid x ask/Volume at price charting. I am using SierraChart now, and think
for me it is the best package for a very reasonable price. The only thing is, for the time beeing, they just support TA and OEC feed. But it is stated that TT feed is coming.
Market delta is my alternative platform ( though rely on old version )for market profile needs. Multi chart or any other s/w is not that capable of advance needs executing mp related strategies. Started giving support to few brokers for automation. Very easy to build custom indicators. Flexibility is the issue though thats where MC comes handy.
I had a trial for MarketDelta. All the foot-prints etc. were nice, but our gomi based indicators do the job well (the ladders etc.).
What I really loved about MD, is the underlying engine which is based on linnsoft's InvestorRT. I know that FuturesTrader71 has talked a lot about it but it is an amazing platform from the charting point of view. It has everything which market delta has but for the footprint charts.
They do not have a DOM etc and other other entry mechanisms but their charting is awesome, especially when you use profiles in your trading. I am paying $75 for their Pro with MP version per month. So my setup will now have the iRT as the default charting platform with NT (unpaid) for the volume-ladder/footprints. iRT has native support for tick based data for doing bid-ask studies.
I really love the freedom of NT; but after spending an year with NT Beta, it is not as stable as I would like it to be. What bugs me the most is the data-loading problems with often occur with NT, and the workspace corruption which follows. I have not done a lot of back-testing and not traded live with NT so those are also areas of concern. However, unless data-handling is solid, the platform remains suspect. With NT, that continues to be a challenge.
Market Delta IMO is rock solid.. You don't have to deal with the crap like other charting platforms. I agree that Gomi's footprint ladder is MUCH better than MD, but we're not talking about Gomi's indicators. Another thing about market delta, is that you see full line of updates on the platform about every 6 months or so, as opposed to ninja's 6.5 to 7.0 which took 2 years.
Believe it or not, i've talked to Dr. Linn, and some implementations you see on that platform were suggestions i made a while ago. He incorporates it into IRT, which then gets handed off to market delta( since essentially they're the same thing)...
I've also seen others make suggestions, which got incorporated into the platform, such as HVN and LVN area's automatically appearing on the profile( Gomi's also made this into his indicator)... They were never there before. If they see a following and alot of people requesting a feature, they incorporate it. You also have to remember that the idea of volume delta originated from IRT....