Mike Medved

There are "Regression Channels" and "Single Regression Channel". Same principle, different execution.

What you're suggesting, the paintbar can already do (well, with a bit of effort in coding it in the paintbar itself). You can simulate trades, calc P&L and output it as an alert etc, all in the code. The problem would be the data. Paintbars run on charts, charts do not have more than 120 days of intraday data.

It depends on what you want in your backtesting... As you said, for some definitions of backtesting, MT is basically there. All you have to do is implement your backtesting strategy as a paintbar on historical or intraday scale, and run it on a particular chart on as much data as you can get in backfilling from your particular source. On any data - including options. Once you're satisfied in your strategy's viability, just leave the paintbar running on that chart and it will be able to notify you when to buy/sell in real time But if you want backtesting to be run on the whole universe of stocks, that would be problematic. So would scanning be. Mostly because we're not in the business of providing market data to users. We leave it to other people who have the means to do it and do it well (for some values of "well").

We have added the Options Risk Analysis tool in MT. The latest beta has it, please update to that in order to work with it. It is pretty feature-complete at this time (we may add some more trade selection options) We need feedback on it - on the accuracy and on the user interface. This is a feature that only a few programs out there have (mostly expensive ones) and we tried to make its UI as intuitive as possible (as we try to do with all our features :))

Added PBShape.N0 thru PBShape.N9 will be in next release.

Will do.

I tweaked it a bit more. There is a delicate interplay between all the different parameters so that the charts look reasonably good at all zoom levels.

Yes, the "width" of OHLC (not the width of the line, but how far the Open/Close ticks go left/right) depend on current chart's "candle width" (and thus the max candle width). They have to be controlled by *something* - this is the control. Why is that a problem?

To add to Jerry's post: this is early beta. There are some things both in the user interface and the calculations that will need to change.

Thanks for reporting, will be fixed in next release.

One note: the parameters to the DefinePaintbarParameter function have to be literals. Not variables. That's because what defines the parameter is not executing the function, but the pre-parser that sees the function and gets its parameter values. (That is also the reason why that function doesn't have to be called anywhere in particular. Stick it any place in the code).

As one row - no. The portfolios are set up to monitor single symbols. But you can drag the two options of the spread into the portfolio. Grab them by the leftmost gray cell on each side.

Are you with Gain directly, or are you using one of the Gain's introducing brokers?

Bid/Ask on left and right are the particular options' bid/ask. The center column is the bid/ask for the spread of the two options in the row.

I looked at this stuff... The biggest problem for me with it is that MT's indicators are recalculated on the current candle - every one. The "value" of the indicators for past candles does not change, only for the current one. The determination of peaks for these patterns, and the patterns themselves, is by necessity in the past. I will look further at this.

I am making the changes that will allow you to size the index panel tiles (and the tiles on portfolios as well) with the Font+ and Font- buttons

Great. You can also email us at support @ medvedtrader.com with those if you don't want to post it publicly.

I have yet to see someone describe a rigorous algorithm to do these... From what I have read, these are a bit of "I knows them when I sees them" very subjective kind of thing. Do you have a link to some place that describes the algorithm for detecting/drawing these patterns?

QT had COG. MT has Center of Gravity Index. Different indicators. Will add COG to MT.

Well, the anti-virus applications *could* establish a central repository/whitelist of officially "sanctioned" and signed applications. The technology already exists, all there needs to be is coordination between all these companies. Or even willingness to do so.

Sometimes I hate anti-virus applications.

One problem with this: a chart has to be open in order for the paintbar to work. The paintbar uses the data that the chart calculates.

We'd happily add them if they provide us a trading or streaming API (or both). From a cursory search it is not publicly available.

Can't right now. Let me think about a good way to do that. .

Open a trading window and look at your balances. If you see them, MT detects that you logged into TK/MB, are a TK/MB client and reconfigures itself accordingly.