Multicharts 8 7 Cracker
Hi Traders,I find it necessary to make sure to stay out of the markets when they are 'slow' vs 'fast'. However, historically that is challenging as it has been quite subjective. Watching the time and sales order flow gives a sense, but what is fast now vs earlier or another time period is still subjective.I wrote the following simple indicator which gives some level of quantitative visibility if the mkt is moving fast vs slow.
The indicator takes the time difference between the the last tick update of the bar compared to the previous bar. A slower market will have a longer duration and therefore a larger value. A fast market will have very very short durations of updates with values closer to 0.I trade with tick charts so that is the lens that I am viewing this indicator. I wanted to have the values coincide with visual trend of values that are trending 'up' (faster) vs 'down' indicating slower mkts. That is why I applied a sign reversal to the values in the code.When using the indicator, values closer to 0 indicates very fast, vs. Values with larger negative values represent a slower market. In the screenshot, I have a green line and red line manually applied which are my thresholds for fast vs slow.
Those levels were based on my own analysis and screen time of the market being traded. You will have to gauge levels yourself based on the market and chart used.Code written in easy-language with use with MC 64 v12.0Indicator version v000.01Cheers,JZ. I wasn't a fan of the standard floor trader pivots indicator in MC.net so I had someone revamp it, it was a paid job, since I am not a programmer but I am happy to share it here. My contribution to the community, I suppose.The standard pivots had a dashed line, even if you selected line, the older sessions pivots cluttered up the chart and the labelling wasn't to my liking, with only markers that covered up the last price marker on the chart axis. We also added pivot mid-points which in my trading experience are very important.
Multicharts 8 7 Crackers
Hope you like this one betterFutures.io doesn't allow me to upload the file as is with the.pln extension, so I had to zip itSince all MC.NET indicators are.pln extension perhaps that can be added to the list of acceptable file types to upload?Thanks - J. A multicharts.NET C# version of the bid / ask / last price lines I used on Ninja. Haven't tested it on all timeframes or instruments, but looks good on futures.Coded with much inspiration from the MarketDepthonChart2 indicator included with MC.Updates on a 0.2 sec timer rather than ticks, so the bid/ask can be drawn when they change without trades.This is Version 1, posted 6/18/2015.UPDATE:Version 2, posted. Fixes problems with not allowing changes to colors & widths.
Cheap hack to work around a bug introduced into MultiCharts.NET builds 12000. Their 'ChartPoint2Point' is broken now for volume and range charts.
Now the price line simply draws 15 bars to the right of the last bar. As a Multicharts user, I am not too happy with their market replay functionality which got left behind in terms of integration with some more exotic features MC has released. For example, while in play-back you cannot place trades on the chart.Consequently, my way to practice off-line sim-trades is just by scrolling a chart back to its first page of bars, and progressing the chart bar by bar to the right.
MultiCharts 11.0 Release 8 is a minor upgrade that includes the hot fixes for the issues in 11.0 Release reported by our customers and some minor improvements along with the all new features of MultiCharts 11.0 Release. You can get acquainted with all the new features added and bugs fixed in MultiCharts 11.0 Release here:BUGS FIXED & IMPROVEMENTS:Charting/Data Handling. Interactive Brokers: TWS for TradersOnly did not automatically accept the incoming connection. Point bars now support Resolution of up to 2 000 000 000.