Allow coloring of candles with formula/color study

—  Formula Study window, Chart Type section:

I suggest adding "color candle" option.

This way if formula condition is met, candle is colored in some color. There should be option to choose candle color and outline/wick color.

The same applies to color studies, this way we could customize how we want to highlight candle by defining different formulas on Color Study window :

below "Line color" dropdown there could be checkbox "color candle" and "Candle Color" dropdown next to it.

Simple and elegant.

read more...

add a comment | category: MBTDesktopPro | Views: 2

Please add Ichimoku Kinko Hyo study

—  Please add  Ichimoku Kinko Hyo study to charts on MBT Desktop Pro as it is popular analysis tool for forex/other markets. One of the major studies used in Japan.
read more...

1 comment | category: MBTDesktopPro | Views: 2

WCCI, trend lines

— The proper use of the WCCI includes being able to draw trend lines on the study, that cannot currently be done.  You call this Woodie's CCI but you don't have the tools to use it, in the way it was intended read more...

1 comment | category: MBTDesktopPro | Views: 10

Rollover Spike removal

—

Every currency goes through rollover every day at 1700hrs.     The biggest problem with rollover is sometimes the price suffers wide price swings.   When a currency experiences a price spike up or down it destroys the readability of the chart.   because the spike takes up so much room

Suggestion:    Add a spike removal ( both up & down)to the list of action the trader can do when he right clicks on the chart.  

Since the spike is an aberation  ...... .. I want it deleted so it doesn't destroy the charts.   

See a spike down on the EUR/USD below:  This spike is about 75 pips deep. 

3 comments | category: MBTDesktopPro | Views: 15

Color Long and Short Trading Zones

—

This suggestion is for Long and Short trading zones in Desktop Pro.    The trader would select two moving averages from Pro's moving averages and then select color (long & short color)  fill between the lines.    Pro would color in the area between the two lines.    

The would be a wonderful graphic depiction of  long or short trading zones.Rough Picture shown below.  

6 comments | category: MBTDesktopPro | Views: 8

Basis Calculations for the Positions window

—

Peformance evaluation is critical to improvement. 

A key trading parameter  is the "Basis Average Price"  and "Basis Closed P&L" .    These two give the trader a means of evaluting per  trade performance.   

Calculating trade performance are done as follows:

Pips from trade = Basis  Average Price - Price from the closing trade  ( produces total pips)

Performance =  Basis Closed P&L  divided by Pips from trade

The performance calculation produces a number.    As trades improve the number increases.     This way the trader can track daily trade efficiency  and do more of the trades that make the higher number.  

Problem:    The "Basis Average Price"  and "Basis Average P&L" are turned off in Forex.     The "Total Average Basis"  is only visible during a trade.   Once the trade is complete and lots=0   the Total Average Basis value is erased.       If entries or exits were made in quick succession just before closing the position it is almost impossible for the trader to record the Total Basis Average price before it is erased.           There just isn't any easy way to get the Basis value for pips and P&L with out these values.       Value can be reconstructed using the order book but if I have many trades that can be  difficult.  

Suggestion:    Is it possible to turn the Basis Average  and Basis Average P&L  back on.     Basis Average was active over 1.5 years ago.    If that can't be done can the Total Cost Basis value remain visible at the close of a trade. (lots value returned to zero)    

3 comments | category: MBTDesktopPro | Views: 3

change chart price grid

—

Suggestion:   Add more definition to the price grid on the charts 

Make the grid either a user adjustable increment or and automatically incrmentented price when the charts are zoomed in or out. 

For example on the GBP/JPY  90% of the time it is in 12.5      When I zoom in I would like the grid to expand to better view the price / candle relationship.     For example when I zoom in the 12.5 increment drops to 10, when I zoom in again the level drop to 6 or 4.    

12.5 is too coarse and it makes it very difficult to divide up  i.e.   half of 12.5 is 6.25  ???.   Can the eye visualize .25????   Quick claculations in the mind are cumbersome.     Even numbers are better.  

add a comment | category: MBTDesktopPro | Views: 1

Market depth symbol window change

—

Suggestion:   Change the Market depth window from a typed in window to a pulldown window. 

Problem:   The market depth does not have a pulldown symbol  window.     Currently to change the symbol it must be typed into the maket depth window.     (The charts and main platform have a pulldown symbol windows   but, Market depth does not.   )

Why it’s a problem.   If charts space are  maximized then the market depth must be placed at the edges.     Time is lost when the trader has to manually type in the symbol or cursor to a location where there is a pulldown window.  

Why it is needed:   Sometime  the trader wants to quickly move from pair to pair without leaving the  order entry area.     Time conservation and focus is desired.    A pulldown window better achieves this.   

11 comments | category: MBTDesktopPro | Views: 10