I have both Multicharts and Ninja but can't use them for basic charts, both seem to be focusing on obscure requests before the basics are settled.
For those using 24 hour symbols (like globex, the ES, YM) or any with some thin or overnight trading please be aware your charts are wrong.
MC and NT just skip periods/bars with no trading, meaning an uneven compressed time line and therefore erroneous intraday charts - especially for drawing/line studies and maybe patterns and period based indicators.
I know MC (like Tradestation) has a 'show empty periods' option. Try it - it doesn't work and hasn't since version 2. They know this and long ago on the forum refused to fix it as there are more important bells and whistles to work on.....
Truly professional programs like CQG go to some lengths to take care of this, see page 4 here: http://www.cqg.com/Docs/CQGCharting.pdf
On top of this, globex emini traders check your hourly charts. If you have the correct globex emini index session times selected for your symbol, after version 2 there has been a random extra hourly bar each day at around 4:30 pm.
Maybe 'money machine' mathematicians and programmers don't care, but I wonder if many MC chart traders even know their charts are wrong - it can't help their trading.
(Some of this is taken from my DTN Prophetx review - which I am now using) |
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