Multicharts User Thread

Hello everyone,

I am a new user user of MultiCharts and a very happy one

Can you tell me if this is possible (and how) to make a chart that will be combined of two symbols, just as you can do it with two indicators. You can put one indicator on another and get a combined indicator chart.

I would like to know if one can do the same with symbols. I want to create a chart of a base instrument and a derivative on it.

Regards

 

Like a spread of the two? i.e. the premium/discount of one over the other?

sure... just insert the second symbol into the first chart.

then compile and add the following as an "indicator"...

Code:

var:	DerivativeH(0),
	DerivativeL(0),
	DerivativeC(0);
	

DerivativeH = high data1 - high data2;
DerivativeL = low data1 - low data2;
DerivativeC = close data1 - close data2;

plot1(DerivativeH, "High");
plot2(DerivativeL, "Low");
plot3(DerivativeC, "Close");

Don't forget to format your indicator to show it as Bar High, Bar Low, and Right Tick:

<img src="http://elitetrader.com/vb/attachment.php?s=&postid=1849992">

 

I named this indicator after your name. Tums Premium / Discount - see the attached print screen

I hope the image uploads.

When I make enough money to do arbitrage with your indicator your name will be famous among my trader friends.

Regards

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1850102 width=800>

 

Gee thanks!

 

Tums,

You are my hero now. I was wondering if you would like to become my MultiCharts' guru, which is one step above a hero

Here is my quiz for becoming a guru; just one simple question.

I use QuoteManager to import ASCII data from my local exotic exchange. My local exotic exchange unlike US exchanges offers 'open interest data' on a tick basis (see print screen) so that I can use Herrick Payoff Index on my intraday charting.

However I somehow cannot get MC's QuoteManager define my open interest in tick values. I can only do it on a daily basis.

Is there any way MC can support receiving tick data on open interest (not daily)?

Thx

 

This technical question deals with the inside construct of MC. I better leave it to Andrew.

Sorry... I am not good enough to be a guru yet. ;-)

 

Okay,

Let's wait for Andrew and see if he wants to become a guru

Just for explanation of the picture that I posted, the red line is the price and the blue line is open interst (both in ticks)

 

Can I ask if MC has the ability to replay market action based on imported data in asii or bloomberg format ?

Thanks a lot....

 

You can import data in ascii format.

MC has a rudimentary replay capability through a DDE data playback.
They did promise the feature will be improved in future versions.

 

Thanks for your quick response.

So where on the software can I find this feature ? Does it simply replay the data or the user can trade, and it could track P/L as well ?