MultiCharts AutoTrade question

K

Koros

Hi,
I discovered Multicharts which seems good.

However, I have a specific requirements and not all backtesting software can fulfill it:

I need to backtest and have entries on intrabar levels, not just OHLC values, or next bar open.

For example, after 3 down candle, I might want to buy when price crosses up latest down candle high, right at this level, not necessarily on next bar open.

With another software, what I do to resolve this is use a 1 second chart, and compare values to same chart on 5 minute time frame which Is the time frame where I have my signals.

So when 1 second chart crosses high of the 5 mn chart, i'm in. This way allows me very precise backtest.

Can this problem be resolved in a similar manner with multi chart ? If not, how ?

Thanks,
Koros
 
you can enable IOG.

IntrabarOrderGeneration will fire off (*) your order as soon as the condition is met.




(*) technically "fire off" happens at the next tick.
 
the market order can only be sent on the next bar

"if condition 1 then but 1 contracts next bar at market;"
as far as i know you cann't compile any market order to be executed on the next tick...
 
Quote from giladbi:
the market order can only be sent on the next bar
"if condition 1 then but 1 contracts next bar at market;"
as far as i know you cann't compile any market order to be executed on the next tick...
More...

you are about 4 years behind in trading technology.
 
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