Introducing FREE MultiCharts .NET Starter Edition

I am probably going to regret posting this but here goes:

What am I missing with regards to the 2 symbol limit? They have a product that they want people to try, that's why it's free, but they also need to run a business.

It gives the user an opportunity to try the software for free and see if it adds value to their bottom line.

What should it be, free with unlimited symbols? How do they make any money?
 
Quote from osho67:

Will this give point and figure charts? And I hope it is more than two symbols. Will it pick up data from IB?

MultiCharts .NET Starter Edition has Point and Figure charts and connects to IB. It also has a 2 symbol limit, which works well for small cap investors.
 
Quote from small_beer:

You say on your site: "Enjoy all features of regular MultiCharts .NET and use up to two symbols at a time absolutely free. "

Does it mean that one can program indicators and strategies in it? That was not possible in the DT version if I recall it correctly.

Correct. You couldn't program indicators and strategies in MCDT, but you can in MCSE. You chart, backtest and even trade live up to two symbols at a time all for free.
 
Stan,

Can you do live execution on 2 symbols?

if yes, then it is a better deal compared to Ninja. With Ninja you can't do any real execution without paying for it.

Not sure what gripe some people have here. It is good to question vendors but the questions should be sensible. As another posted said, if they give everything free, how do they make money!!
 
Quote from hftvol:

I question people who drop a grand for a charting package and I would never use BBG if it was for charting, only. Among the many other functions BBG provides...

(such as an API that I can use within Excel) and market data aggregation that hardly anyone else offers to this extent (not as feed handler but to access pricing data; I would be majorly turned off if I wanted to check on prices of Nikkei, Hang Seng, Kospi, EuroStoxxt 50, Dax, SPX, and other indexes or futures and had to change between different platforms. Interactive Brokers has such connectivity, however, try to pull up a quick historical chart with IB as data source and you know what I am talking about, missing backfills, long waits because of time outs, data backfill limitations...),

...the feature I appreciate the most and am willing to pay for is the chat function where I connect with tons of people in the industry, ex coworkers, previous bosses, other traders, broker dealers, you name it. To stay networked you sometimes gotta pay for it, and I would say the network ability at BBG comes at a very reasonable price.

Btw, for people looking for something similar (but not willing to pay 2.5k/month for Bloomberg), we have a FREE portal called TradingView. You can find it at www.tradingview.com.

That portal has free online charts, free real-time stock and FX data, EOD indices and futures and a community of traders that you can chat with in real time. There are also fundamentals for stocks, watchlists, hotlists and news - all for free as well.
 
Quote from hftvol:

Still no official comment on this ridiculous 2 symbol limit? Is this a joke?

To be honest my read of this whole escapade regarding MultiCharts "Discretionary Traders" and now this touted version is as follows:

The free Discretionary Version that was introduced a while ago was hugely successful, indeed so successful that it cannibalized sales. Those who would have purchased monthly subscriptions or paid for the entry-level (not sure what is not entry level about a charting package) would then have simply used the Discretionary Trader version. Most do not need to program functions and formulae so that version did just fine. The funny thing was that that version pretty much disappeared overnight, no warning, no advanced notice, no nothing. It just went away.

Now MultiCharts is coming out with a new version that has all the limitations (non compatibility with a host of data sets between this free version and the paid licenses for no other apparent reason than just making it as hard as possible to ever move from the paid version to the free version; and a ridiculous limit to even maintain more than 2 symbols in the symbol database, let alone display them on a chart). Do you guys really believe their story? I think its complete bogus and utter nonsense.

I think a fair free version is FULL FUNCTIONALITY except trading and execution capabilities. Limiting one to 2 symbols makes me only pissed off and upset and after a few seconds chuckle at the completely unprofessional and inexperienced marketing head behind this product who seemingly does not understand at all what customers want.

I have never touched any of those products, my first and last chart package I ever purchased was Amibroker and that was a while ago for quick home use, otherwise I am a happy Bloomberg camper. Which idiot pays more than 1000 dollars for a charting software anyway? It is a graphical representation of prices, stupid!!! Nothing more. Are there really idiots out there who got scammed into paying more than 1000 dollars for their pipe dream?

MultiCharts .NET Starter Edition offers FULL FUNCTIONALITY. Period. The only limit is you can use up to two symbols. We think that's better for many traders because if you are mainly watching, let's say, SnP and EUR/USD, then you won't need to buy any platform to watch, test and trade them sim or live. This is sufficient for MANY small cap traders out there, and those are the guys that we are trying to help when they are getting started trading.

Who's to decide which free version is fairer than another one? It's completely subjective. There's already a free program out there with no trading, who's going to benefit from another one? Now traders can actually now use just one platform to do everything - watch, chart, backtest, trade live. Only for a couple of symbols though.

Just curious - if you "never touched any of those products" (which I take to include MC and NT), can you objectively judge the offering? I'm guessing not many people have 2.5k/month to spend on monthly charting/news/communication Bloomberg.

Also, can't understand why you felt so strongly about this topic that you put in the time to write a long negative post about MCSE? Why do you even care if you are a "happy Bloomberg camper"? Again, just curious.
 
Quote from Rabbitone:

Sorry but your reply was the same one I first heard in 2006 about desktops. It is useless. No one wants to keep opening multiple instances and opening and closing workspaces. This is stone age programming (I was in IT 40 years) used in the 1970s.

Right now I have 5 desktops open in TS with 26 workspaces with multiple markets. Imagine having to open and close these manually every time I turn on and off the computer.

Besides you missed my point. I was told repeated times “this feature will be added in the next release…”
:mad:

Sorry, not sure where you heard that about the next release. We do have a public Project Management system (http://www.multicharts.com/pm/) where people can post bugs and feature requests. You can then track your entry and its status - i.e. whether it's being considered or rejected, and which release it's scheduled for.

You don't need to reopen workspaces manually in MultiCharts, you can have them open automatically. Moreover, each chart can be detached from its workspace and dragged to any screen (and pinned to be shown always if you like). As you flip workspaces, each chart will remember its new spot on you screen and return there when you make the workspace active again.

There are no immediate plans to build what TradeStation has - there are pros and cons to our approach and to theirs. We'd probably get a lot more complaints from existing users if we switched that behavior now.
 
Quote from bat1:

I can't figure it out

is there a video in how to use it?

why only 2 symbols????


My Scottrade elite platform has been doing OK

Our support is here to help with any specific questions - http://www.multicharts.com/support/contact/. Live Chat is the best option for fastest and most accurate answers.

Two symbols is the limitation for the free version - if you are ready for more, chances are you can afford to purchase a full license.
 
Ahem... I don't particularly care for MC, but if someone wanted to evaluate the software without the 2 symbol limit, there is 30-day limited trial full version, No?

If so, then what's the problemo? :confused:
 
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