MC is not Accurate on Chart Displays
Posted: Aug 24 2006
Hi Stanley/Alex
Attached is a 5m shot of the Euro with data from IB. I have a friend who uses IB as a feed to his TS8 system somehow. When I compare the same charts over the same time period you will notice that the candle bars are totally different. We also compared a 5m chart using Esignal as a feed, and it matched the TS8 chart. My concern with using MC right now is if I overlay my custom trading system on both charts I get radically different results. Before anything else I think MC needs to make sure that when you create a chart and display the information to the end user so they see what everyone else in the world is seeing Real Time. I started noticing this in the new versions, but did not stop and try to isolate it until now. Don't get me wrong I think MC is a great product and I will continue to help you work out the bugs. All I am trying to do is point out that this could be potentially dangerous to anyone using the charts and running indicators.
Attached is a 5m shot of the Euro with data from IB. I have a friend who uses IB as a feed to his TS8 system somehow. When I compare the same charts over the same time period you will notice that the candle bars are totally different. We also compared a 5m chart using Esignal as a feed, and it matched the TS8 chart. My concern with using MC right now is if I overlay my custom trading system on both charts I get radically different results. Before anything else I think MC needs to make sure that when you create a chart and display the information to the end user so they see what everyone else in the world is seeing Real Time. I started noticing this in the new versions, but did not stop and try to isolate it until now. Don't get me wrong I think MC is a great product and I will continue to help you work out the bugs. All I am trying to do is point out that this could be potentially dangerous to anyone using the charts and running indicators.