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Why do most FF members use Metatrader?

  • #41
  • Jun 6, 2007 6:18am Jun 6, 2007 6:18am
i've used several charting packages of which i can name esignal, ninja trader, and topgun software. topgun is the most advanced with technical analysis. ninja and esignal crash often. esignal loses data feeds much more often than anything else i've seen. oh and topgun uses esignal data. so if you look at my list of software it's all crap for one reason or another. then there is metatrader from IBFX which is solid. i'm not promoting ibfx at all. i don't really like them. i just use my old live account for my charting and it's awsome. tick charts are not the grail. i have used them on other packages and i still have them available to me. it's easier to see volume on 30 second or 1min charts because like finding a point in space you need three coordinates. time happens to be one in trading. the tick charts show a pretty wave formation when you look in retrospect. gold definately shows a great wave formation on tick charts. download a demo of ninja trader and get the tick charts out of your system.
It really is that easy.
  • #42
  • Jun 9, 2007 9:49am Jun 9, 2007 9:49am
starwars mr.: say you to foreget tick chart, ok, that is ok.

me think tick chart many helps see criticil pivits cleerer.
using indicatirs, many lesser noisee, many lesser chop chop, filter no needing.
using regress & forier analises make very cleerer ... 90+% preciseness, many more pips.

but if you do same with time chart, very excel, ok, thank you.
  • #43
  • Jun 9, 2007 9:55am Jun 9, 2007 9:55am
Quoting THE FxORCE
the tick charts show a pretty wave formation when you look in retrospect. gold definately shows a great wave formation on tick charts.
exacly!! beauty wave form = forier analises = very excel & exact future predict ... make bagful of pip everee days!

more dificult with time-chart, i think.

but if work for you, very excel.

ok, thank you.
  • #44
  • Jun 9, 2007 10:06am Jun 9, 2007 10:06am
Quoting THE FxORCE
it's easier to see volume on 30 second or 1min charts because like finding a point in space you need three coordinates. time happens to be one in trading.
to me, time = illushion. (ref: Albert E. & TOEs! same true all markets)
time = BAD.

remove time, see truth.

but that just me.

you like time & make pips, that ok, very excel.
i make more with not time but tick only tick.

sorrry ... say i too much?
ha ha...

ok, thank you.
  • #45
  • Mar 23, 2008 4:14pm Mar 23, 2008 4:14pm
http://articles.mql4.com/548
  • #46
  • Mar 25, 2008 3:55am Mar 25, 2008 3:55am
Quoting FX Flyboy
http://articles.mql4.com/548
This is good stuff. For anyone who's been using MT4, wishing tick charts
were more readily available - and for those familiar with a feature offered
in TradeStation called "tickbars" (I'm sure it's available in other popular
packages & known by other handles), this does the job.

Obvious drawback is the timestamp issue, it's stuck in the 70's...

It's a pity MetaQuotes doesn't simply incorporate something like this directly
into the program (maybe in MT5 ?) and give their userbase this often
requested feature. Until then, you want tick charts ? You got em like this...

Better than nothing, right ?


BTW: these *.csv files get PHAT fairly quick (like 1/2 MB to 1MB per day, per pair)
Gotta have Ram and gotta have disk space if you don't want it to get "strange".
  • #47
  • Mar 26, 2008 12:45pm Mar 26, 2008 12:45pm
I've actually had a problem to get the tick save ea to run and collect the ticks. Have you experienced any issues at all?

i agree that this should be more readily available.
  • #48
  • Mar 26, 2008 12:55pm Mar 26, 2008 12:55pm
ok, got it working, now for the charts
  • #49
  • Mar 26, 2008 1:29pm Mar 26, 2008 1:29pm
OK, why aren't the charts refreshing in real time. I have the period converter ea that gives real time offline charts of any time frame you like, and I was expecting sth similar here. I guess not, or am I doing sth wrong again...
  • #50
  • Mar 26, 2008 2:03pm Mar 26, 2008 2:03pm
Yeeeeeeeeeeeeeeeeeeeeeeeeay It's Alive!!
  • #51
  • Mar 26, 2008 2:26pm Mar 26, 2008 2:26pm
Quoting toshi


BTW: these *.csv files get PHAT fairly quick (like 1/2 MB to 1MB per day, per pair)
Gotta have Ram and gotta have disk space if you don't want it to get "strange".
Set the folder options for compression... CSV files will get very small (on disk)
  • #52
  • Jun 8, 2009 7:50pm Jun 8, 2009 7:50pm
To me this seems like an inferior platform. I use esignal and can plot individual ticks and price range bars, which allows me to properly use P&F, Renko and Kagi charts, among others. Even Ninjatrader is better if you can get some data from your broker. But if you're looking for something for free I suppose it'll do.
  • #53
  • Jun 18, 2009 1:37am Jun 18, 2009 1:37am
Quoting Lionstrike
To me this seems like an inferior platform. I use esignal and can plot individual ticks and price range bars, which allows me to properly use P&F, Renko and Kagi charts, among others. Even Ninjatrader is better if you can get some data from your broker. But if you're looking for something for free I suppose it'll do.
No doubt there are better when it comes to charting. I would love to see Renko etc. within MT4 and later. Or at least the ability to add in charting modules. Ease of use for the novice is what drew me initially and the fact that while it is free you don't have to get an app, or pay for its bigger and uncrippled brother, and then hunt and likely pay yet more just to get a feed. How many hoops does someone have to jump through before they're "allowed" to join the game? At times it's just absurd! If more brokers offered eSignal and better platforms for the small fry I'm sure there would be more users and by extension more activity on boards like this.
  • #54
  • Jun 18, 2009 6:27am Jun 18, 2009 6:27am
I use the P & F.
There is an indicator renko fo MT.
Attached File(s)
File Type: zip RENKO_2.zip   2 KB | 252 downloads
{Promotion Removed}
  • #55
  • Last Post: Jun 18, 2009 10:00am Jun 18, 2009 10:00am
Quoting jimbil
Hi

this question has probably been asked lots of times.

It seems that most people in these FF forums are using metatrader. Why is this? Does metetrader own FF or something?

Are there any/many Tradestation 8.2 users on FF?

Many thanks.
Because Forex is chock-full of peeps who are to smart to tie their own shoes.(me too-lol) . MT4 offers the ability to autotrade with a little programming.This keeps all of us buzy writing the next "Holy Grail" while our brokers rape our accounts. MT4 is just the most popular distraction in Forex.
FF = Forex Faggots
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