nifty_Trader

Okay, here is a thing. Do not update Multicharts to its latest version 12 (8th Aug2018), Licemu will not work and you will get the error message related to digital rights management. If you have already updated to the latest version then don't worry, I also did that and then realized that it has something to do with latest CQG update which requires some different server settings from MC end. Just install MUlticharts version 12 Beta1 (no need to uninstall the latest version) and all will work just fine. You can see gree square at the bottom right.

Link for Multicharts 12 Beta1

https://www.multicharts.com/downloads/MultiCharts64.11.0.15808.400_Release_x64_R8.exe

Thanks a lot. We will appreciate your effort if you post 'How to guide'. Also how many times you able to extend trial period, did it practically worked? Thanks again.

yes please, waiting like forever :)

USER33

Thank you so much.

I value your post and info.

I tried to use order flow analysis or footprint chart many times ( ES only ), either using market delta or gomi, ofa etc.

I could not see definitive signals no matter how hard i tried.

Let me elaborate a little more-

My method does not use indicators ( or lets say uses only very minimal few). Using price or leg analysis I KNOW where the market "SHOULD" turn and if i get a signal ( using either indicators or just price- like navi bars signals) - i enter the market using renko spectrum to trail.

Since nothing is perfect in trading I always love to find some more reassurance from any other tool that i can get my hands on.

(For example- as amazing as it sounds- the j-signal - 7 is a very good tool to give the market direction .)

Obviously VOLUME is one of the leading indications for price movements.

But no matter how hard i tried i could not get any signal in real time that i could interpret as a long or short.

Truth- you could always go back and see these signals but not in real time.

I tried to listen to webinars and seminars from all over but exactly as you said- they are vague , no clear and i could not find specific rules for entry.

Following your excellent post I am going to follow your advice and not give up, follow that guy and try to implement the info.

I believe that it would be wonderful and helpful if you start a new thread - not to tutor or feed others but a place for everyone to share their experience and knowledge about the METHOD not about the indicators.

Thanks again and please continue to post- I am sure that many are thankful.

Traderbeauty-Jane

 

 

 

Got intrigued by the discussion, I couldn't help myself but stick my nose in.

 

It is no surprise that you didn't find a signal. Market profile or auction market theory or foot print is basically devised to understand market induced information and make our bias based on that information. It is not a signal. But you can use that bias in your existing trading system and make it more potent. For example if you're using as basic as moving averages crossover which shows buy signal, and order flow indicates that there are more sellers active then most often than not it is less profitable trade and you can skip that trade. What happens with trading only with the price is that it tend to get choppy ( especially when today's trading range overlap with previous day's range, an indication of balanced market ) if you see the context more clearly you can utilise that information for your advantage.

 

Another example is, if you're already in a position and market in your favour, and let's assume you're using trailing stops, which means you have to wait for retracement for exits. with foot print chart I have found that you can get very early exits at first sign of exhaustion of ongoing trade.

 

Of course with more observation and trading experience one can use it without any additional tool ( popularly known as trading naked or Tape Trading,) but that requires immense concentration and prerequisite that you are trading only one scrip.

Thx for the share, but the point now is to obtain MC 8.5 with "medecine" :D

 

... Ditto :D

Thanks for the file, however I am looking for MultiCharts 8.5 64-bit (EasyLanguage version) emulators and crack.

Could anyone share those files please?

I am also looking for 8.5 beta (64 bit) since long. I guess no one is coming up with solution is because it is beta version and they are waiting for stable release. But addition of marketprofile related codes in this new release should be a reason enough to invest time in to it.

Has anyone got 8.5 beta 64-bit EasyLanguage Multicharts? I have setup file just needed emulator and dll

yes dear, that is the problem, traded price and volume would be imported as two different symbols, as far as I could make out, there is no other way to import volume as volume.:(

 

Let's hope then we are both doing something wrong and there is some other better method around and someone will come up with that new method :-)

Hello Hellboy, could you please share the template of DDE for Multicharts? snapshot of Excel and snapshot of DDE sitting in Multicharts will do. Once I have tried that but the problem is you get price as one instrument/symbol and its volume as another instrument/symbol which will give two different timestamps to both price and volume because they read as 2 different instruments in MC. I have used this formula at price and volume field

=EXCEL|NT.xls!*

where NT is my Excel sheet and file name.

what I want is in Multicharts Data for closing price and volume Should import under one symbol not as two different symbols.

p.s. btw Excel DDE is functional with 2010 and 2013 versions

Beta works with Emu.

You still need to copy dll

 

I have tried running emu and copy pasted server.exe from MC 8 64 bit but it is not working with 8.5. Could you or for this case ay one else post or PM working method to make it work?

For market delta lovers here is one nice set up they call it auction market theory setup, you will gt chart definition also, but i think u need to go through another link posted there

http://www.marketdelta.com/blog/2011/01/footprint-chart/chart-of-the-week-auction-market-theory-order-flow/

Thanks for the information, here is another setup sounds very practical but little too discretionary for my test. Good thing though, he uses Multicharts which is little unique for order flow studies. Another one is a interesting research paper on ofa http://ideas.repec.org/p/wpa/wuwpfi/0405012.html but seems to be good fit for investors type

 

ofanseindia.wordpress.com there r regular updates on d blog

http://www.youtube.com/watch?v=iQvwNvmSigs&feature=plcp

here is the direct link for MC 8.5 beta1 version xttp://www.coco-in.net/thread-22030-1-1.html

I hv tried to use emulator for version 8 but it didn't work, also as I guessed market profile related studies are using some inbuilt functions and those functions are read-only so couldn't copy paste to use in version 8

$500!! they are freakin kidding me..Well there is a reason behind why Marketprofile related studies show erroneous results in Multicharts or even if they are correct it will hog system resources. Later part is negligible especially considering today's fast paced computers but erroneous results like value area high showing something else is unaccepted. reason behind such issues in Multicharts is the way Multicharts handle historical data, for each and every section you had to call array and have to go through loops and have to make very huge code to walk through days session. whereas MarketDelta designed in such a way that they could produce good Marketprofile related studies. it handles historical data very efficiently, to do a rough comparison MarketDelta uses historical data like Excel sheets and Multicharts uses historical data like text append file, hope so 8.5 beta has some surprises in store since I assume they going to use inbuilt hard coded functions tweaked for TPO studies.

Have any one tried Multicharts 8.5 beta1 which I think released very recently, deal breaker is Market delta type indicators in this new MC, it will be fantastic if some one come up with it.

About 30mb.

 

 

Not sure how to do that?

 

there is a small application cports, google and install, that will show you which s/w is using port80, ideally Emu Multicharts should using that port80. BTW 30mb is totally normal, don't sweat on it.

hi nifty_Trader

are you able to connect to your broker for live data feed, I was not able to, it just keeps disconnecting, so after many attempts, I gave up and just deleted the program

 

1st please check whether your Multicharts copy got authenticated or not(Digital rights signature.) In my case it works well for esignal data feed and other data feeds out there supported by Multicharts, but I haven't used data feed from my broker. Your broker need to provide API for Multicharts ( ex interactive brokers) only in that condition it should work, if that API is not in the list of default list of Multicharts then that might be causing the trouble.

@staspmr,

Please check if other applications are assigned to access port 80( after emulator got registered), only at that instance it hogs the memory otherwise it worked perfectly well including 64-bit version.

Thanks to our friend Magellan I have got the file, here it is without password

note- this is only patch you need to download demo version from MarketDelta site and apply this patch.

hxxp://www.multiupload.nl/8M35EHQ0W6

Though I can edit previous posts but don't want to miss the chance to post another one to make my post count 15.

I have seen other messages also who don't have the facility to send messages, could anyone who already receive the message send the privatemessage with password?

http://xxx.4shared.com/rar/0zwx_OxQ/md_online.html

Password during the personal message ...

 

Till completion of 15 posts I cannot send private messages, though I can receive, could you please send me the private message for password? Thanks in advance.

are you talking about EasyLanguage Multicharts? there is no update but seems like on fresh purchase of lifetime validity you get that free, it is from 1st trading tools

This is the breakdown of Pegasus strategy in plain English, according to note this strategy used for swing trading whereas Andromeda strategy is for long-term trading ( which I haven't converted into English).

 

1 value1 = take the avg of hundred bars close

2 value2 = substrate above value from a recent close ( recent close - about value) then multiply it by $ 1

This is exactly code will interpret but I think here users need their own discretion depends upon which instrument they are trading, if you are trading S&P 500 in easy language code automatically takes $ 50 and multiply it to value 1, for E-mini futures it will automatically take $ 20 et cetera

3 Value3 = calculate value1 - recent close then multiplied by number of shares

 

now code calculates upper band and lower band

4 Value4 or upper band = you need to have standard deviation function, calculate standard deviation of avg of last 100 bars close and add it in value 1, this will be your upper band.

5 Value 5 or lower band = take value 1 and substrate standard deviation of avg of last 100 bars close

this will be your lower band

6 Value 5 = take avg true range of last 10 bars and multiplied by 2

 

Long entry when market fulfill these conditions

 

1 system is not already into the trade

2 take avg of 25 bars close including present close and it should be greater than avg of last 25 bars close (that means leave aside present bar and take last 25 bars avg),

3 take avg of 50 bars close including present close and it should be greater than avg of last 50 bars close (that means leave aside present bar and take last 50 bars avg),

4 now we have calculated last 25 bars close it should be greater than last 25 bars of this bar (that means leave aside present bar and its previous bar, take 25 bars avg you will get value of 2nd part of this equation)

5 now we have calculated last 50 bars close it should be greater than last 50 bars of this bar (that means leave aside present bar and its previous bar, take 50 bars avg you will get value of 2nd part of this equation)

6 take value 2 that we have calculated in line number 2 from start , this value should not be greater than 30,000

(my input- to make code reasonable I think that users use their own risk limit instead of value of 30,000 , best way to do is optimise parameter 30,000 on scrip you are trading and take best value based on optimisation results )

if those 6 parameters meet the condition then long entry triggers

 

Short entry when market fulfil these conditions

 

1 system is not already into the trade

2 take avg of 25 bars close including present close and it should be less than avg of last 25 bars close (that means leave aside present bar and take last 25 bars avg),

3 take avg of 50 bars close including present close and it should be less than avg of last 50 bars close (that means leave aside present bar and take last 50 bars avg),

4 now we have calculated last 25 bars close it should be less than last 25 bars of this bar (that means leave aside present bar and its previous bar, take 25 bars avg you will get value of 2nd part of this equation)

5 now we have calculated last 50 bars close it should be less than last 50 bars of this bar (that means leave aside present bar and its previous bar, take 50 bars avg you will get value of 2nd part of this equation)

6 take value 3 that we have calculated in line number 3 from start , this value should not be greater than 30,000

if those 6 parameters meet the condition then short entry triggers,

since this system considers only close trigger will wait for present bar to close and after meeting the condition on the close by or short signal will generate on the next open of the bar

 

exit strategy

exit strategy for longs based on either of these parameters, any one parameter can trigger exits

1 if your marketposition is long

2 close is less thanvalue1

(now next condition 3 and condition4 are basically .2 and .4 in short entry)

3 take avg of 25 bars close including present close and it should be less than avg of last 25 bars close (that means leave aside present bar and take last 25 bars avg),

4 last 25 bars closet should be less than last 25 bars of this bar (that means leave aside present bar and its previous bar, take 25 bars avg you will get value of 2nd part of this equation)

5 calculate high minus low of the present bar and that value should be greater than value 5( that is

avg true range of last 10 bars and multiplied by 2 ) along with that present close should be less than previous close .

 

exit strategy for shorts based on either of these parameters, any one parameter can trigger cover

1 if your marketposition is short

2 close is greater thanvalue1

3 take avg of 25 bars close including present close and it should be greater than avg of last 25 bars close (that means leave aside present bar and take last 25 bars avg),

4 last 25 bars closet should be greater than last 25 bars of this bar (that means leave aside present bar and its previous bar, take 25 bars avg you will get value of 2nd part of this equation)

5 calculate high minus low of the present bar and that value should be greater than value 5( that is

avg true range of last 10 bars and multiplied by 2 ) along with that present close should be greater than previous close . (Inputs basically code is looking for expansion of the candle to exit, here it will be nice idea to add volume spike condition that is volume of previous bar higher than last 5 volume bars -just an example, logic is from VSA stopping volume)

 

Well that's it... Remaining part of the code is for exporting trades in Excel file, which is very platform specific therefore avoided to convert it. Anyhow you can always check back test results instead of that function and in Windows 7 that part is not working well then I checked in Multicharts.

PS I don't trade the system, just for fun converted it.. Thought to contribute in some way.

Free quotes n/w :(

ASCII import is a long and cumbersome process.

 

I am facing the same issue, and my data is very huge giving me frequent tantrums while importing it manually :p in new release of Multicharts.net 8.1 beta they said that they fixed the issue of data integration with old version( version 6 ) I'm thinking about installing that version and see if data from Multicharts 6 (regular) works with new version or not if so then I will copy data file from c/programdata/TSsupport/datafiles

then we'll see if Multicharts 8 regular incorporate that data or not..Right now markets are going to open so I have to wait for 6 hours meanwhile if someone did that please let us know the feedback.