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MultiCharts chart traing qestion.


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MultiCharts chart traing qestion.

  #1 (permalink)
 SigTrader 
Minnesota United States of America
 
Experience: Beginner
Platform: Looking at Ninja Trader and eSignal.
Trading: Stocks
Posts: 14 since Feb 2014
Thanks Given: 23
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Good evening all.

I am struggling with platform choice. Think I am narrowed down to MultiCharts or eSignal.

I plan to swing trade/day trade stocks using bracket orders as i still have a full time day job. Does Multicharts seem like a match?

With Multicharts I read in Big Mikes survey if you are using IQ Feed your order will not show up on chart unless you use IB Feed. Is that still true with Version 8.8?

Any ideas on a broker that would flow nice with MultiCharts? I want IQ Feed if it will work.

Thanks for any input.......My mind is turning to jello thinking about.

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  #2 (permalink)
 ABCTG   is a Vendor
 
Posts: 2,431 since Apr 2013
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SigTrader,

just to make sure IQ Feed is a data provider and you would need an additional brokerage account to be able to trade with Multicharts.
What you can do for example is using IQ and IB together i.e. chart the symbol with IQ data and trade on the IB symbol using Multichart's symbol mapping feature. This way your orders would appear on the chart data even when the symbol is coming from IQ Feed.

Regards,
ABCTG

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  #3 (permalink)
 SigTrader 
Minnesota United States of America
 
Experience: Beginner
Platform: Looking at Ninja Trader and eSignal.
Trading: Stocks
Posts: 14 since Feb 2014
Thanks Given: 23
Thanks Received: 0


Thanks ABCTG.

I see several traders have this same setup. Being new to this it looks a little intimidating getting all this hooked togeather and setting up to work. Will dig deeper.

Have a good night.

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  #4 (permalink)
 ABCTG   is a Vendor
 
Posts: 2,431 since Apr 2013
Thanks Given: 481
Thanks Received: 1,623

SigTrader,

as most platforms and data providers offer a trial it might be a good idea to testdrive your choices to help you in deciding.

Regards,
ABCTG

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Last Updated on April 9, 2014


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