MTG

Yeh the charting panes are finely detailed yet uncluttered (hard to get elsewhere), they look great, are highly customizable, easy to navigate and quick-loading. Everything you'd want. Line snap works nicely, and this is a feature which many charting packages neglect (quite amazing since lines are something everyone uses). My only difficulty with charts is that right clicking a previously drawn line can take 3 or 4 tries before the line parameter popup appears. Could that be fixed?

Thanks Mike! I'd imagine that the 1st and 2nd touches (ie. the furthest left on screen) would be exact. And that the third touch (most recent or most right on screen) would be the one where some tolerance might need to exist. The reason I say this is that when drawn manually, they say you are supposed to start on the left of the pane and drag the line across to the right, seeing if you can get 3 touches anywhere. [edit++] For a support trendline, the most recent potential touch would need tolerance only if the low is slightly above the line. If it's below the line by more than a certain amount, the line should not be drawn because now we'd only have two real touches. In a manual trading situation, we'd look to then join the 1st and 3rd with some future candle... if it eventuates, that is. As you know, most software developers have used the fractal pivots exclusively to plot automatic trend lines, and these can work fine (I wouldn't want to delete these). But there are many other useful lines that get 3 touches without starting or ending on one of the pivot points. These are the ones I'd like to see plotted, with an extension to the right until it is broken. There's quite a few TA sites where the importance of the 3rd touch is talked about, and how to trade the break. The developers of 'True Trendline' have a huge number of options for their lines (unnecessary in my view), but might give some way to approach this? http://www.truetl.com/true-trendline-indicator.php regards

Sorry, I misunderstood what 'strength' meant. So the minima/maxima are like fractal pivot points, and the higher the strength, the more 'pointy' the point. And the lines will only appear when they join two of these points. Got it. I thought 'strength' meant the number of candle touches the line receives. Still, the lines are hard to use for trading. I have ATL on every chart because the concept is great, but rarely get a useful line for trading. In terms of trading, I think my suggestion would work really well. ie. join any 3 highs which form a straight line (allowing for a slight tolerance on the 3rd). And join any 3 lows which form a straight line (again with a slight tolerance on the 3rd point). I know it sounds like lines would appear everywhere, but they don't. 3 touch trendlines are reasonably rare, but again, unless a trendline gets 3 touches it is largely disregarded by traders. [edit] I've been a bit pointy myself with the tone in my posts, so I probably will get ignored. Apologies for that. If you can oblige, that would be great.

Hi Jerry, I feel like the auto trend lines need updating. They are potentially very powerful indicators, used by most professionals (in contrast to stochastics, MACD etc, etc which no one seems to use). To be meaningful, trend lines need 3 touches. 2 touches can be drawn between any two points on the chart... anywhere at all. 4 touches are extremely rare. So it's all about 3 touches. As it is, MT doesn't find 3 touches, only 2 ("strength" parameter doesn't work). These can't be used in trading unless they happen to find a 3rd touch somewhere. So my suggestions: - find only 3 touch trendlines - have the option to extend the line right until the price crosses above/below. - have the option to show all/last lines across the chart, to see how well it has performed as an inidcator - don't limit where the lines can be drawn: any 3 lower highs or any 3 higher lows which create a straight line should be shown, even if the points are consecutive bars or months apart. These are very meaningful lines! - the first and second points will be exact. The 3rd touch will have to allow a tiny error allowance (ie. slightly above/below where it should be ideally). If this isn't included, you might get no lines at all. - allow the user to alter the sensitivity of the 3rd touch error allowance. Thanks,

Thanks again. I see # trades is on the depth page, but not the quote page. Could it be included from here?

Jerry, What is measured in the "volume %" column please? Is "average volume" taken from the MA on the volume chart? When using Etrade as an intraday source, it doesn't register '# trades'. I feel like it should do that, since the website does have this data. Best Regards,

I had no idea I could put labels and empty spaces in the description like that. That's customization! Thanks.

I'd go with "price pane" and "indicator pane" and do away with above/below etc Then you could add a little up/down icon in the corner of each pane and allow the user to click it and move the panes in relation to each other (similar to Amibroker and many other softwares). I think your users will understand that some indicators are overlaid on the price pane, and that others appear in their own pane.

Seems to be working well with the latest version, thanks Jerry. A couple of things would make the 'description' much more readily usable: - Have each distinct piece of data comma separated, both in the popup and the log. eg. bid,ask,volume,spread,etc - Remove commas from volume, so that 100,000 becomes 100000. Avoids confusion relating to discreet data elements. - Make it so that alert log can be cleared. Latest version doesn't allow this. - The ability to right-click/copy the log entries would be handy. I'd like to export to Excel for analysis. Thanks, Regards.

Jerry, Will there be trade execution for any of the Aussie brokers later on? (Bell, CMC, etc?) AFAIK, Aus brokers don't have APIs, and I don't know if such a thing is necessary. Thanks, Regards.

This guy had some ideas he patented. Might be useful? https://www.google.com/patents/US7685041

I'm full of questions today. Can someone please explain the color coding in the "last" column with its pale green/red and bright green/red. Also, with the "pressure" column, I think we are looking at the ratio - # trades lifting the offer : # trades hitting the bid - yes? Or are we looking at the volume of stock traded at the bid/offer? And over what time period? Or is it calculated over a number of trades? Is the coloured bar that appears on the far right of the intraday chart the same as pressure? Many thanks.

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Hi Jerry, This is a screenshot of the alert log. The time of trigger is correct at 1:33pm. But in the description it says 3:33pm twice. This happens with all alerts I've ever had triggered. MT adds two hours in the description. My timeframe settings are correct as far as I know. [edit] seems I can't add a screenshot, but you see what I'm saying.

Audacity really good too. You just press record and it records anything that your speakers are playing at the time. Or record your voice saying "QUICK!! BUY NOW!!" http://sourceforge.net/projects/audacity/

Great, thanks again. I'm finding that without a 'turnover $' filter I'm getting alerts popping up everywhere!

Ok. No problem. I don't want my PC to melt! A different idea I had would be to be able to link two or more alerts and apply it across the one portfolio. eg. 'x tick change over y minutes' + 'turnover $ > z' It would only trigger if both were met. Would something like that be possible?

Jerry would it be possible to add some new columns to the portfolio window please? - tick change 5 min, 10 min, 20 min. ('number of ticks' rather than '% change' seems to be more meaningful, I'm thinking). This would allow the user to sort stocks by top tick-change per time frame. Best regards.

You get used to it!

Thanks for the reply. 1. Yes, quotes are only from 10am-4pm and there's no pre-market trading. But the open is staggered,which is annoying. It makes "ignore first x minutes" hard to apply. Group 1 10:00:00 am +/- 15 secs A-B...(eg. BHP opens at 10am). Group 2 10:02:15 am +/- 15 secs C-F Group 3 10:04:30 am +/- 15 secs G-M Group 4 10:06:45 am +/- 15 secs N-R Group 5 10:09:00 am +/- 15 secs S-Z I think if I delete all accumulated intraday data before starting it should fix my issue. 2. Fantastic, thanks!

Hello Jerry, 1. If I check "only trigger during regular market hours" + "moving up", does this avoid an alert being triggered by a big overnight gap? Will the reference point for 'movement' now be today's open? 2. A request please. Could "turnover $" be added as an option for the alert note? Thank you.

Then again, I could just create 3 portfolios with different global alerts on each. Nevermind!

Hi Jerry, In Australia (ASX), we have 'price steps', and retail traders have to trade at these price levels. Up to 10c - 0.1c 10c up to $2.00 - 0.5c $2.00 up to $99,999,990.00 - 1c In the alerts section, it would be nice to be able to have 'price steps', so that I can for example request as a global alert: "Alert if price moves 3 price steps up". This would mean I would be alerted if stock AAA moves from 0.007 to 0.0073, but also if a stock BBB moves from 2.05 to 2.08. The main advantage of this request is to save time by applying a gloabl alert. Setting individual alerts in this way can take a very long time depending on the size of the portfolio. Many thanks.

When this message pops up I honestly never know whether to click yes or no! Maybe it's just me, but I get quite confused. What about "Do you want to save changes before closing?" Y/N

Yes I see there's some obstacles there. If the user clicked "historical backfill all" at the start of the session, then the value of the line for the current day could be known. Maybe that would help? Even if the historical trendline is angled, there's only one value which is needed on the intraday chart. By default, a trendline alert based upon historical data would be a straight horizontal line on the intraday. Thanks for considering anyway. I'm very happy with the current set up for trendlines. Regards.