MarketMaker 5.3

[peat]

CMC have just offered MarketMaker as a web application. No install required.

Checking it out I am well impressed. Really aesthetic, responsive and pretty much fully functional.

[CJ]

CMC have just offered MarketMaker as a web application. No install required.

Checking it out I am well impressed. Really aesthetic, responsive and pretty much fully functional.

have you compared it to IG Markets offering (also web based).

[peat]

nope I havent CG but the Oanda platform is web based and I use that....
I havent done an indepth analysis of the web side of MarketMaker but theres not really any need to as it is obviously a port , in that the interface is similar. But it may alleviate some issues for people as it doesnt appear to be as hungry for memory via the browser.
Mainly just letting people know there is another option now.

[peat]

Market Maker now incorporates its own TA tools
I'm just starting to look at it today but it looks awesome !
it will identify and draw wedges triangles and channels and plot targets for them
it will identify head and shoulders and double and triple top/bottoms
it will identify about 50 different candle patterns.
it will go and search on any of the instuments and report back what its found
or you can apply it to your own instruments looking for partic patterns or candles.

I know others have provided pattern recognition software including Steve Nison and I went to some seminar a couple of years back and they wanted thousands for the software plus they charged for their proprietary data feed.
CMC have added this for free !

it didnt find the wedge that EWI mentioned on Aug 8th re the SP500 that worked brilliantly though so it doesnt replace the human skill factor completely but it looks very educational if nothing else. I will post some pictures later one after I calm down a bit heh

[Silverlight]

Hey Peat, are you quite good with marketmaker?

One thing with the software i have never enjoyed is trying to save shapes, lines, markers etc on the graphs, esp. when looking across hundreds of instruments.

When ever i change to another chart it wipes all the added information.

Got any tips/ hints.

[peat]

do you make different layouts (groups of charts) and then save them ?
when you save a layout it will retain your drawings when you re-open it.
I have various layouts with a number of charts in each for different times of the day eg when the NZ mkt is open or not.
that way I dont need to have too many charts open at once but I can swap around amongst them easily.
Manage the layouts with the Layout Manager and set your default one there.