[FulcrumTrader]

So far they seem to be plugging away with the project, so next week I will see how they are progressing. Since the GomCD code (from Ninjatrader forums) is already out and available to the world I really don't know how this could be very difficult.....no brainer freebie for MC if they take the time to get CD built up as one of their standard volume studies. Funny thing, I know directly as friends about 11 traders who trade money professionally in funds and ALL of them have shifted to using this order flow information in their trading these days. Paying attention to the MARKET ORDER driven order flow has so many benefits imo and the code needed to track the BID/ASK differential is not at all complex......I am shocked that more charting apps do not take the time to add such a simple volume tool.

Here is a short list of those well behind the power curve who do not have any proper CD candlestick volume studies at this time........... MultiCharts, TS, Esignal, Amibroker, Neoticker, Ensign, OEC, TOS, IB's TWS, etc. I am happy to report that TradeVec built up the ability to track CD as candlesticks in about a week and it is working perfect (with DTN.IQ feed) and I have attached a sceenshot of the DAX.

As of right now, a trader can have access to Cumulative Delta CANDLESTICKS (OHLC plot) within marketdelta.com, Inv RT Pro, TradeVec, NT7, and Sierra Charts. In the works there are strong rumors that tradestation is in full tilt mode to change their entire datafeed structure just so they can also add Cumulative Delta as a new standard feature for their platform (their current datafeed is the problem so that has to be changed first). XTrader7 XStudy already has the CDV (but only as a crappy line....LOL!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!) and CQG already has TFlow BID/ASK differential, so the writing is on the wall.....many futures traders are seeking access to these very important volume tools!

[baldeagle1959]

Fulcrum Trader,
Why can't you back test using Inv RT Pro?

[BlowFish]

I hope they get it right when they do it. (take a look at MC's volume profile a evidence of how they can work hard at implementing a feature and mar it by not giving enough user control or doing something 'daft').

I think there some fundamental issues with MCs architecture which is why it is probably taking a while. The database only has 1 second resolution and no sequencing info across different series (bid & ask are stored as separate series). More worryingly there appear to be some anomalies processing live data (users report indicators not getting called on every tick for example).

Anyway the more people that get on their case the better chance of getting this done in a timely (and useful) fashion.

Oh you can have CD bars with ninja though it needs code slotting in for a custom bar type.

[alex_laxya]

Well here are few guys asking why few dont use investor rt's backtesting tool? I would like a reply from them,wt i found is that,backtesting results r erratic,furthermore there r limitations to backtest profile related studies more than 300days,if ur using developing pocs in ur strategy then its not possible more than 3 months,optimisation takes heck of a time. Having said that market profile users has no any better option than market delta by investor rt,in MC it really sucks,tick handling is poor as blowfish mentioned,i tried one mp strategy n i got yesterdays poc on todays profile so again had to change d code so u can guess that how much tuning u need to do,its like start from d scratch. Eventually u will get mp in MC but then delta related studies again a tough ask,tried to code footprints in it but never get satisfied results,had to work through lot of limitations,hope this time MC guys will build something useful for cd users,its very essential tool for trading,all those candle bars n various ma things are of stone age analysis school,ta has been evolved a lot to cope with information technology & speed of electroic trading,cd is a virtual pit for electroic profile traders hope we wont get deprived of it.

[FulcrumTrader]

The main reason I do not do any back-testing in Inv RT Pro is the problem of taking what I have programmed and building it up properly in Inv RT Pro for potential back-testing. I am not a programmer, but those who program for me find it much easier to get my system concepts built in either MC or NT7. Also, I do think the back-testing capabilities in MC are more extensive than Inv RT Pro.

Hopefully MC will correct the various issues and get robust tick by tick operations functioning properly for accurate BID/ASK differential tracking/tools......we will see!

Can you imagine how many traders who currently use MD.com, Inv RT, or NT7 (with GomCD) would move over to using MC if they had a properly functioning CD capability mixed with easy language programming compatibility and decent backtesting.......WOW!

I know of several hundred......if I was the owner of MC I would be working my crew full tilt to get this project DONE!

[FulcrumTrader]

BTW, if you feel having Cumulative Delta Volume capabilities within MC as a standard feature is a good thing that you would like to see as a trader, I would highly suggest letting them know first hand at this time;

Send your email to.......... support@tssupport.com

In the SUBJECT block of your email put............ Cumulative Delta Volume

There is a critical window of opportunity right now imo to push this project and let the MC crew see the potential demand.

[FulcrumTrader]

Originally Posted by BlowFish »

I hope they get it right when they do it. (take a look at MC's volume profile a evidence of how they can work hard at implementing a feature and mar it by not giving enough user control or doing something 'daft').

I think there some fundamental issues with MCs architecture which is why it is probably taking a while. The database only has 1 second resolution and no sequencing info across different series (bid & ask are stored as separate series). More worryingly there appear to be some anomalies processing live data (users report indicators not getting called on every tick for example).

Anyway the more people that get on their case the better chance of getting this done in a timely (and useful) fashion.

Oh you can have CD bars with ninja though it needs code slotting in for a custom bar type.

GREAT point Blowfish, and they really need to get the MP working properly for those who use that tool. Sub second tick by tick functionality is a MUST too, and I am glad you have brought up the potential technical problems to this discussion as I very much value your opinion!

FalcrumTrader,

I visited TradeVec website. Unfortunately there are no screenshots of the platform available. I could only find this small image: http://tradevec.com/images/cc/launched.jpg

Could you please post a sreenshot of complete TradeVec interface (with a chart, position tracking, manual orders, etc.)?

Thanks