Feb 09 2011
Tony, your description of Range bars in NT is how I expected it to work in MC, however, it doesn't start the next bar at the next tick.
MBT uses subpips (5th decimal), not sure if IB has a 5th decimal but I imagine the do.
In NT7 using MBT a five range tick bar is actually a 50 range tick bar and it goes from 1.1000,0 to 1.1005,0. The next bar will start at 1.1005,1 and end at 1.1010,1. So the bars are continuous, no gaps.
In MC a 5 point bar goes from 1.1000,0 to 1.1005,0. However, the next bar will start around 1.1005,4 and end at 1.1010,4. So there is a gap between the bars, as seen in the screenshot above.
I hope there's just some setting I have entered incorrectly because so far I really like MC and would prefer to use it over NT but the gaps make it hard for me to make the full transition.