Hello, I am new to this forum. Some questions on MultiCharts

[Tresor]

I am from Poland. I have been daytrading and swingtrading Polish futures for 3 months, with little success. My biggest pain in the ... (will not name this part of my body) was the software Polish brokers offer to their customers.

I use the best one <puke> available for retail traders which offers only a few fixed indicators: RSI, ROC, CCI, PRO, ..., ...., Momentum, Stochastic, MACD + other moving averages. No HPI, no Ultimate, not to mention more sophisticated osscillators that you guys use and devise. Respect for TRO and others for their input!

See the uploaded print screens (hope this uploades). I have to look for divergences by myself, which can be very tricky. Some divergences work, some do not, etc.

A few weeks ago I decided to look for a more effiecient charting and analytical software that I could connect real time data from my local exchange. I watched many video tutorials on numerous and couldn't decide.

Then I found http://eotpro.typepad.com/ and decided that I must have Tradestation. Then I found a cheaper counterpart of TS, i.e. MultiCharts and learned that eotpro's indicators and others written for Tradestation will also work with MultiCharts.

I downloaded Tradestation motherlod and unfortunately some indicators 'cannot be complied'. Whatever this means, I cannot operate many of TRO's indicators

I wonder if someone could help me with this:

1. Are EOTpro indicators good or just good-looking. They are not cheap Anyone having experience with them?

2. Can anyone by any chance have TRO's and other indicators available for MultiCharts?

3. Which indicators can you recommend for scalping?

Regards

Rafal

[Tresor]

I have one more question. Is there any indicator that can show a difference between the price of a future and the base instrument?

Rafal

[khalid]

Rafal,

I am using MultiCharts since July 2006; without trouble or bother since February 2007, and I am glad you have made a very sensible choice.
MultiCharts does not have the RadarScreen, for which reason you get the error messages.

I have modified TRO_BuyZone for MultiCharts. My ready-for-import files are in .pla format which is not allowed on kreslik.com ? I wonder why?

Therefore, I am not able to attach these here.

Used sensibly and with discretion, BuyZone is possibly the greatest scalping methodology.

I recommend you LEARN it, and then USE and PROFIT from it.

I do not have any of TROs codes, etc. other than BuyZone.

If you master BuyZone, you shall not want any either.

Regarding your second post, please also direct the query for an indicator that can show a difference between the price of a future and the base instrument to the MultiCharts Forum.

Good luck.

Khalid

[khalid]

Rafal,

To get round .pla file prohibition, I have copy-pasted the _TRO_BuyZone_ANYtime MultiCharts compatible code in a Word file. Please find it attached. Create a new indicator in your PowerLanguage Editor (call it _TRO_BuyZone_ANYtime), paste the code and compile. The code comes with my current emini S&P 500 settings; you may change these and re-compile.

Also attached is the Word file of AddTime function (required for _TRO_BuyZone_ANYtime) code, which you may need to create new. However, my guess is your MultiCharts may already have a compiled AddTime function.

Once you attach _TRO_BuyZone_ANYtime to a chart you shall be in a position to chose the iStartTime as per your preference simply by going to format indicator and making the change manually. Indeed, you may do this every hour on the hour, 30 minutes past, 20 minutes past ? ANYtime you may want!

TradeStation users,

_TRO_BuyZone_ANYtime is a modification of _TRO_BuyZoneTime. Therefore it should also work on TradeStation charts; I have no way of knowing if it would work with RadarScreen.

In addition to plotting currently, this will plot historically as well. Attached are charts to show both.

LEARN and PROFIT.

Khalid

[Tresor]

Khalid,

Thank you very very much for this answer.

Love this forum

Rafal