Multicharts and Market Orders

mklevas · #1 02-09-2010, 04:48 AM

Hi,

i have a problem, in easy language(Multichart) i write "buy this bar at market", but multicharts buys only on open on next bar, it's too late for me. Maybe someone can recomend me some soft which can resolve this problem? Because as i know multichart doesn't support such types of orders. Am i wrong?

Thank for help!

BlowFish · #2 02-09-2010, 04:53 AM

I think you might be wrong at least that was what you where told when you asked here

http://www.traderslaboratory.com/for...rder-7485.html

mklevas · #3 02-09-2010, 05:02 AM

It doesn't worked or didn't know how to use properly.

BlowFish · #4 02-09-2010, 05:42 AM

Contact TSSuport then. It must be a bug if you used the correct syntax.

mklevas · #5 02-09-2010, 05:59 AM

BlowFish, do you use multicharts?
Coud you check this simple strategie, i'm intresting what results you will get.

[IntrabarOrderGeneration=t rue]
IF Low < Low[1] then
sellshort this bar at market;
if high > High[1]then
buytocover this bar at market;

Please also see attached file, which results i recieve and what i really want from this strategy, maybe it will be more clear.

BlowFish · #6 02-09-2010, 06:08 AM

I do have MC but don't really use strategies. I would help but there are probably far better qualified people that are less likely to give you duff information.

You do have tick data available for the instrument you are using?

Final thought you might get better help on TSSuport support or forum.

ochie · #7 02-09-2010, 06:43 AM

I don't think you can ever use "this bar at market", has to be "next bar at market." But with IntrabarOrderGeneration "next bar at market" becomes "next tick at market" is my understanding. Haven't tried this in many moons but used to work like this. Didn't you get this info in that other thread? You tried it and it didn't work?

mklevas · #8 02-09-2010, 07:25 AM

"next bar" is crucial for my strategie. I need to fill order immediatly at market price when signal fires up, not on next bar.
I started new thread beacause i thought it can be soft problems and maybe there are better programs which can fill orders immiediatly.

BlowFish · #9 02-09-2010, 07:59 AM

Originally Posted by mklevas

"next bar" is crucial for my strategie. I need to fill order immediatly at market price when signal fires up, not on next bar.
I started new thread beacause i thought it can be soft problems and maybe there are better programs which can fill orders immiediatly.

Read ochies reply again. You expect to do better than the very next tick? You can no till at prices that have already past.

mklevas · #10 02-09-2010, 08:19 AM

thanks for your help. I use 233 tick bars, therefore 234 tick is too late, because new high can be after 135 ticks or 111 ticks or ... never know. As i see from your replies the best solutionis to use 1 tick bar charts, then sell on next tick make sense.

Any better ideas will be welcome!