Big Mike's Trading Blog

Day trading futures, discussing money management and trade management techniques, and more

MultiCharts 6.0 Final Released

Today MultiCharts 6.0 Final has finally been released!  And with it, TSSupport has launched an all new website, too!

Download 6.0 final here:

For a list of changes in 6.0, see my forum post here:


Tired of NinjaTrader?

If you are tired of NinjaTrader, then check out a few of these new threads on the forum:

First up is an X-Trader thread which I started.  I'm looking at opening an account at Velocity Futures (see details here) and the logical platform was X-Trader.  You can read more about why I think this is the best choice for me in the threads, but the short version is "I'm done with NinjaTrader".  Even though for six months or so I've used MultiCharts exclusively for charting and backtesting, I still had to use NT for discretionary order entry (DOM).  I got tired of nagging problems with NT (both 6.5 and 7 have their own unique issues) and one day I just realized all the time I had spent battling this program and said enough was enough.

Second is a thread started by MetalTrade where he is specifically looking for NinjaTrader Replacements.  It's a new thread, but stop by and see if you can help him choose his next platform.

The third thread was also recently started by Mega, and he is on the search for a solid trading platform.  His needs are a bit different than MetalTrade's, so check out his thread as well.

I know many of you are happy with NinjaTrader.  Those that are happy are probably also the ones that don't experience constant problems :)  But, you don't have to read much more than the Truth about NinjaTrader thread to see all the widespread problems people constantly encounter.  If you aren't experiencing issues, count yourself lucky! :)


Naked Trading

I'm still using a 5 minute chart with nothing but an ema20 and pivots.

For my range charts, which I got back into the habit of using these last many months, I am now completely naked -- not a single indicator.

"Look ma, no indicators!"

The only indicator that has been on these range charts for months and months is my ADXVMA paintbar indicator. It sure was pretty. But also, more or less worthless in my opinion, at least with my trading method and style. It's gone now!

You can check out the Price Action thread on BMT for the method I've been primarily using the last six months or so.