Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Tams

MultiCharts Going GOLD Soon !

Recommended Posts

Having paid $50 (I think that was how much I paid) for a lifetime licences it was not such a big gamble ;) Having said that I paid in blood sweat & tears (and a lot of time invested) in the early days.

Share this post


Link to post
Share on other sites

I tried Amibroker and liked it though it was just a bit too different in how it did things. If you are familiar with Tradestation you will be right at home with MC it is TS+ really. Actually that is both an advantage and disadvantage. Easy Language support +++, Following some of the more archaic 'legacy' ways that supercharts/tradestation does things ---.

Share this post


Link to post
Share on other sites
How does it compare to TradeStation and AmiBroker, if you know?

 

MultiCharts has made extensive enhancements to the EasyLanguage.

 

You can do a lot more analysis (eg. at sec or tick levels) and

plot the results on the chart with more text/graphics manipulations.

(eg. adjust text size, draw trendlines/arrows on subcharts, etc.)

 

 

 

p.s. a lot of these enhancements are what TradeStation users have been begging for many years (see TradeStation forum).

Edited by Tams

Share this post


Link to post
Share on other sites

MC has an advantage as a discretionary tool because of faster trendlines, multiple tick feeds in a chart, sub-minute time charts and others mentioned above. However, as an automated trading tool, it is risky and insufficiently tested compared to TS. The data feed and database management are also lacking or less reliable.

 

There are also subtle EL differences:

attachment.php?attachmentid=10215&stc=1&d=1239982413

TSvsMC2009-04-17_112258.gif.d12a8ff711b706336dab955b62c7c465.gif

Share this post


Link to post
Share on other sites
How does it compare to TradeStation and AmiBroker, if you know?

 

 

I have tried AmiBroker.

I found AB to be a solid platform, with a reliable trading engine and rich backtesting facilities.

 

However the AFL (AB's proprietary programming language) is a bit quirky.

The syntax is not as extensive as MC's enhanced EasyLanguage, and there are not as many free code examples on the web.

 

 

 

p.s. if AB adds EasyLanguage compatibility (which, with their programming prowess, is not that difficult to do), can make AB a formidable alternative.

Edited by Tams

Share this post


Link to post
Share on other sites

I am having trouble with platforms that are server protected by the vendor (Its a form of code protection, will not get into terms and details here),so in essence part of the calcs you program end on the "other side" , which to me is a breach of my privacy and security.

I understand why they protect it that way, but having spent xxxxxxxxxxxxx hours on programming complex algos I wouldnt play them on this (hence why most of my stuff is on a Gui/platform I programmed...to answer some private messages i got here).

NOTE: that if you firewall it, MC will not work, yeh I know I am going Orwellian on you guys but hey just take caution .

 

If you disregard the above,All and all its a great program, with very good multicore support.

Share this post


Link to post
Share on other sites

If you put a packet sniffer on the line and see what is exchanged you will see it does not send 'calcs you program'. It will also run a month firewalled before it needs to 'phone home' again (though they periodically mess with the security protocols, so that might be different now). So you can open up the ports start MC and close the ports if you are really paranoid :)

 

Oh Gold just released yesterday btw.

 

Edit: I have a problem with this sort of security too, with me it's waking up one day to discover your software no longer runs as the company is in recievership.

Share this post


Link to post
Share on other sites
If you put a packet sniffer on the line and see what is exchanged you will see it does not send 'calcs you program'. It will also run a month firewalled before it needs to 'phone home' again (though they periodically mess with the security protocols, so that might be different now). So you can open up the ports start MC and close the ports if you are really paranoid :)

 

Oh Gold just released yesterday btw.

 

Edit: I have a problem with this sort of security too, with me it's waking up one day to discover your software no longer runs as the company is in recievership.

 

Negative,

 

Please check before commenting :>.

They changed the security since prev versions have been hacked.

Now every time you run it it calls home.EVERY TIME. Also it does host some calcs, check band leaks with version 5, check before commenting....

Furtheremore, Sniffers are bull. These are top Russian programmers.

Share this post


Link to post
Share on other sites

I did check before commenting did you? how? The only sure way to test is using a packet sniffer and protocol analyser. I used WireShark or Ethereal with Winpcap.

 

Sniffers are not bull they are the only way to see reliably exactly what is being sent back and forth to claim otherwise just shows inexperience.

 

If you analyse the packets going back and forwards you will see there are is no code being sent back. Simple as that. What gets sent back and forth is the same regardless of whether you have a fresh install on the client with no studies or the most complicated workspaces you can imagine.

 

Exactly what are you alleging is being sent back and how did you determine that?

 

You are however correct they did change the DRM protocol in V 5.3 beta to check more aggressively though I think it will run in offline mode quite hapilly.

Share this post


Link to post
Share on other sites
Negative,

Please check before commenting :>.

They changed the security since prev versions have been hacked.

Now every time you run it it calls home.EVERY TIME. Also it does host some calcs, check band leaks with version 5, check before commenting....

Furtheremore, Sniffers are bull. These are top Russian programmers.

 

 

 

I am paranoid too.

 

I agree, we should all check before commenting.

 

I would like to see how we check... this is very important information to all.

 

 

 

 

I am paranoid.

 

Did you know Quotetracker can get your broker's account number, password, account balance ????

 

so can Ninja and AmiBroker?

 

actually any software that does trade management for you has your account information.

 

 

I think AmiBroker is from an Eastern Bloc country, so as OpenQuant...

plus a few more.

 

Nothing is from Nigeria for all I know.

 

 

;-)>

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • How's about other crypto exchanges? Are all they banned in your country or only Binance?
    • Be careful who you blame.   I can tell you one thing for sure.   Effective traders don’t blame others when things start to go wrong.   You can hang onto your tendency to play the victim, or the martyr… but if you want to achieve in trading, you have to be prepared to take responsibility.   People assign reasons to outcomes, whether based on internal or external factors.   When traders face losses, it's common for them to blame bad luck, poor advice, or other external factors, rather than reflecting on their own personal attributes like arrogance, fear, or greed.   This is a challenging lesson to grasp in your trading journey, but one that holds immense value.   This is called attribution theory. Taking responsibility for your actions is the key to improving your trading skills. Pause and ask yourself - What role did I play in my financial decisions?   After all, you were the one who listened to that source, and decided to act on that trade based on the rumour. Attributing results solely to external circumstances is what is known as having an ‘external locus of control’.   It's a concept coined by psychologist Julian Rotter in 1954. A trader with an external locus of control might say, "I made a profit because the markets are currently favourable."   Instead, strive to develop an "internal locus of control" and take ownership of your actions.   Assume that all trading results are within your realm of responsibility and actively seek ways to improve your own behaviour.   This is the fastest route to enhancing your trading abilities. A trader with an internal locus of control might proudly state, "My equity curve is rising because I am a disciplined trader who faithfully follows my trading plan." Author: Louise Bedford Source: https://www.tradinggame.com.au/
    • SELF IMPROVEMENT.   The whole self-help industry began when Dale Carnegie published How to Win Friends and Influence People in 1936. Then came other classics like Think And Grow Rich by Napoleon Hill, Awaken the Giant Within by Tony Robbins toward the end of the century.   Today, teaching people how to improve themselves is a business. A pure ruthless business where some people sell utter bullshit.   There are broke Instagrammers and YouTubers with literally no solid background teaching men how to be attractive to women, how to begin a start-up, how to become successful — most of these guys speaking nothing more than hollow motivational words and cliche stuff. They waste your time. Some of these people who present themselves as hugely successful also give talks and write books.   There are so many books on financial advice, self-improvement, love, etc and some people actually try to read them. They are a waste of time, mostly.   When you start reading a dozen books on finance you realize that they all say the same stuff.   You are not going to live forever in the learning phase. Don't procrastinate by reading bull-shit or the same good knowledge in 10 books. What we ought to do is choose wisely.   Yes. A good book can change your life, given you do what it asks you to do.   All the books I have named up to now are worthy of reading. Tim Ferriss, Simon Sinek, Robert Greene — these guys are worthy of reading. These guys teach what others don't. Their books are unique and actually, come from relevant and successful people.   When Richard Branson writes a book about entrepreneurship, go read it. Every line in that book is said by one of the greatest entrepreneurs of our time.   When a Chinese millionaire( he claims to be) Youtuber who releases a video titled “Why reading books keeps you broke” and a year later another one “My recommendation of books for grand success” you should be wise to tell him to jump from Victoria Falls.   These self-improvement gurus sell you delusions.   They say they have those little tricks that only they know that if you use, everything in your life will be perfect. Those little tricks. We are just “making of a to-do-list before sleeping” away from becoming the next Bill Gates.   There are no little tricks.   There is no success-mantra.   Self-improvement is a trap for 99% of the people. You can't do that unless you are very, very strong.   If you are looking for easy ways, you will only keep wasting your time forgetting that your time on this planet is limited, as alive humans that is.   Also, I feel that people who claim to read like a book a day or promote it are idiots. You retain nothing. When you do read a good book, you read slow, sometimes a whole paragraph, again and again, dwelling on it, trying to internalize its knowledge. You try to understand. You think. It takes time.   It's better to read a good book 10 times than 1000 stupid ones.   So be choosy. Read from the guys who actually know something, not some wannabe ‘influencers’.   Edit: Think And Grow Rich was written as a result of a project assigned to Napoleon Hill by Andrew Carnegie(the 2nd richest man in recent history). He was asked to study the most successful people on the planet and document which characteristics made them great. He did extensive work in studying hundreds of the most successful people of that time. The result was that little book.   Nowadays some people just study Instagram algorithms and think of themselves as a Dale Carnegie or Anthony Robbins. By Nupur Nishant, Quora Profits from free accurate cryptos signals: https://www.predictmag.com/    
    • there is no avoiding loses to be honest, its just how the market is. you win some and hopefully more, but u do lose some. 
    • $CSCO Cisco Systems stock, nice top of range breakout, from Stocks to Watch at https://stockconsultant.com/?CSCOSEPN Septerna stock watch for a bottom breakout, good upside price gap
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.