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Old 07-29-2008, 04:04 AM   #17
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Re: Multicharts Vs Ensign As Answer to Tradestations Faults

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Originally Posted by Frank »
Tresor,

"MC's new beta version has a scanner functionality now. "

what does that mean?
Hi Frank, it is similar to tradestation Radar Screen: http://www.tradestation.com/strategy...indicator.shtm
 
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Old 07-29-2008, 04:36 AM   #18

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Re: Multicharts Vs Ensign As Answer to Tradestations Faults

Having been an early adopter of MC I am not sure I would buy into a new project. Actually, having paid early for the lifetime of the product its a little disconcerting for them to simply shelve the existing product and require all those early adopters that supported the development to pay again. No biggy I guess.

On the whole I like MC and most of the guys and girls over there are really helpful getting you sorted out. Having said that I do have some concerns. Their design goal seems to be to follow tradestation as closely as possible for look and feel. For easy language thats great but for a lot of other things TS is hardly state of the art being based itself on supercharts that is positively archaic. I wonder about there design skills, there are few (if any) things that you think wow thats elegantly done. Over the years it has been a real uphill battle to get things fixed or simple changes made in implementation in a more trader friendly way. I don't think any one over there is a trader (though I may be wrong) compare that to say Laurence Chan over at Neoticker and there is no contest. If Neoticker had a more user friendly scripting language it would blow MC out of the water. It does anyway to be honest. I really don't think TSsupport have much 'vision'.

An intermingled point is that if they do finally accept something really neat and fairly simple to implement (this in itself is a struggle as they can be pretty 'defensive' when dealing with suggestions) it will take months (or more) before something finally shows up. There philosophy seems to be push on adding features (many of which seem of dubious value) simply to tick boxes. Once the box is ticked they move on to the next 'box' leaving a half baked implementation behind them. Fortunately they seem to be catching up finally and core functionality is reasonable. Actually there development does not seem to be that controlled. Development cycles are fairly long simple things remain unfixed for ages you get hints of 'clunky' implementation and architecture and old bugs sometimes reappear etc.

MC has turned into quite a nice product (though for me it was a painful journey) but starting again I find it hard to see how TSsuport will compete with some of the strong competition. For example Ninja only added charting a short time and a couple of versions ago they will probablly be on version 9 10 or higher before TSSupport have a new beta .1 At Ensign you make a suggestion to Howard and I have known stuff to appear in days. IRT they carefully watch whats 'hot' and it just shows up in there software. Neoticker will probablly do whatever you could possibly want right now with some programming due to its amazing architecture. etc.

Anyway MC is now a good product (imo) however over the years it has cost me a vast (vast) amount of time and a not inconsiderable amount of money. (One of the reasons for writing this). I think MC2 I will leave until at least version 3.0 before taking a look at it unless it has an absolutely must have feature.
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Old 07-29-2008, 07:32 AM   #19
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Re: Multicharts Vs Ensign As Answer to Tradestations Faults

BlowFish,

I couldn't agree more with you. Especially, the lack of vision is annoying to many beta testers and those who devoted vast amount of their time to make suggestions on how improve the product.
 
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Old 07-29-2008, 08:25 AM   #20

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Re: Multicharts Vs Ensign As Answer to Tradestations Faults

Well, I am interacting with Multicharts for the first time so have no legacy axe to grind.

Until I see somebody do it, I am of the opinion that if you demand powerful charting functionality, you basically need to separate your charting from your trading platform. tradestation has a problem doing both in terms of data delays and system crashes during high-volume moments.

After playing around with Ensign, I am reminded how easy it is to write a few lines in EasyLanguage and have it do EXACTLY what you want.

Therefore, as of now, I think the cleanest way to do this is to run Multicharts to get the EL functionality (with a data feed from eSignal) and then actually trade through someone like interactive brokers.

As a cost-effective approach, running MC through Open Ecry makes a ton of sense -- free data and $99/mo for the powerful functionality of EasyLanguage/PowerLanguage is a fantastic deal.

Last edited by Frank; 07-29-2008 at 08:33 AM.
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Old 07-29-2008, 09:27 AM   #21

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Re: Multicharts Vs Ensign As Answer to Tradestations Faults

Don't let my musings put you off Frank. You will feel at home with MC right of the bat. It will probablly do most (or even all) of what you require without having to learn a bunch of new stuff too. Good choice.
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Old 07-29-2008, 11:32 AM   #22

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Re: Multicharts Vs Ensign As Answer to Tradestations Faults

Quote:
Originally Posted by Frank »
As a cost-effective approach, running MC through Open Ecry makes a ton of sense -- free data and $99/mo for the powerful functionality of EasyLanguage/PowerLanguage is a fantastic deal.
It really is. Prior to OEC getting their charting to the point that I could use it, I was using MC in this fashion.
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Old 07-29-2008, 02:18 PM   #23
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Re: Multicharts Vs Ensign As Answer to Tradestations Faults

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It really is. Prior to OEC getting their charting to the point that I could use it, I was using MC in this fashion.
Yeah, and just when they get OEC stable and usable they go and change it again, without notice. Looks like the latest demo (3.2.0.3) now has a change in the timestamp for bars and candlesticks which makes no sense whatsoever. Take a quick look and compare it to the live version (3.2.0.1) and see for yourself.
 
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Old 06-19-2010, 12:37 PM   #24

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Re: Multicharts Vs Ensign As Answer to Tradestations Faults

here are some charts to show what is now possible in tradestation

CHART 1 @ indicators4trading.braveh ost.com - A Bravenet.com Hosted Site

photo album --

Tradestation Charts -- Click to Enlarge - A Bravenet.com Photocenter
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