I've tried all the provided PP indicators supplied with VT and they all report different (wrong...) levels to those provided by standalone PP calculators at the excellent URL removed by forum adminand PFX, both of which are widely respected 'manual' PP tools and both of which agree on calculations.

I've been back through history taking the previous day's OHLC and trying Classic, Woodie and Camarilla formulas, but always the VT results are off. Sometimes by a worrying amount.

I don't feel I should have to be double-checking (and then avoiding) something as simple as this. I need to use pivots, so I have to enter them all by hand. And then I have to color them all individually.

This is supposed to be VISUAL Trading software. It feels so non-visual; even compared to, say, MT4 or DealBook.

It's just another thing that makes me nervous about trading with VT, that and the upside down charts; the zoom levels that constantly mess up and are never remembered; the absence of chart templates; the super-slow loading charts; the charts that don't load ata ll on weekends; the indicators that always draw on TOP of the candles (making the use of Guppy MMAs impossible, for instance); the frequent crashing and then long reconnect delays; the opening of edit dialog boxes (for indicators) and trading windows (like Open Positions) BEHIND the Navigator window, so it has to be hidden or moved every time); the 'Save as Default' option that then changes all the historical instances of, say. a trend line; the inability to determine which of the timeframes a given indicator or drawing object appears on... etc. etc.

And (before you say it), I would just shutup complaining and switch if I hadn't lost money on my last upside down chart trade... As soon as I'm back to breakeven, I'll move my funds elsewhere. I was hoping that VT Trader 1.9 or 2.0 might address some of these issues, but no one will humor me with an idea of when such an update might occur...

I just think it's a shame. I really WANTED VT to be my one-stop shop for a platform. On the face of it, it seemed to have everything I needed. I really love being able to annotate individual candles and lines. I love the HA candles and the ability to customize all the graphics. I love being able to drag stop levels and limit levels right on the charts. But all the other gripes simply outweigh the positives.

Ah well. Live and learn. Just needed to rant.

Hello,



What you need to remember is that every software or site are potentially using slightly different values since the FX market has no central exchange. Each broker "makes their own market" so-to-speak. In regards specifically to indicators used within VT Trader, it's a known limitation of the pivot point indicators that VT Trader cannot use data from the daily chart (for example) to calculate and draw pivot points on an intraday chart. Multiple time frame analysis is one of many things that will very likely be included in VT Trader's programming language in the future. However, exactly when in the future I cannot say at this time.



Slow loading charts and/or non-loading charts on the weekend may be a connectivity issue or perhaps an issue with the broker's services. These issues are not a problem for everyone. My charts typically load very quickly (depending on the amount of data I've chosen to load) and I usually have no problem loading charts over the weekends (unless the broker has their services offline for maintenance). The frequent crashing and/or long reconnection delays may also be more specific to your particular set of circumstances. VT Trader rarely crashes and I again I seldom frequent connectivity issues - even using the broker's demo server(s).

Chart templates is a feature we will almost certainly include in a future version of VT Trader, although I do not know exactly which future version yet.

The opening of dialog boxes behind the Navigator Window is a bug; it will be fixed in a future version of VT Trader.

The "Save as Default" option for drawing tools changing all existing instances of the respective tool is also a bug in my opinion. I do not know why this option was setup in this fashion. Hopefully this will be able to be changed in a future version of VT Trader.

The ability to identify which chart interval a particular drawing tool is displayed on would be a nice addition. I will pass along this request for further consideration.



VT Trader 1.9 may address of few of these issues, however, VT Trader 2.0 and beyond will be the likely candidates for these improvements and bug fixes.

Regards,
Chris

Then what use are they at all? Daily pivots are derived from the previous day's OHLC. What use is an indicator that can't perform such a simple function? What are VT's daily pivots drawn from then? I need to see daily pivots on 4hr, 1hr and 5min charts. You're saying I can't do that?



Well I use VT cos that's what CMSfx provides. I load the minimum bars to get the job done (usually 600). I have a 3GHz pentium with no crap on it, used for nothing but trading on a business cable service that regularly returns 4mbps speed. But I can't connect this weekend at all. And when I can, the charts sometimes take 15secs to "load and process".



I'm just saying what happens to me. See last reply.



Then maybe "Not So Visual Trader" would be a better name?



Which will be when then?

Click to view attachment

Hello,



The limitations of the pivot point indicators included in VT Trader as standard indicators have been discussed many times on these forums. The way they work is also included in the indicators' notes section too. The pivot point indicators, when attached to an intraday chart, attempt to simulate what the daily OHLC values were from the previous day based on the bars included within the intraday chart interval the indicator is attached to. Because of limitations within the programming language the calculations of the pivots using this method are not always exact.

Aside from these issues, there is also the possibility that the daily OHLC values as they are displayed in VT Trader (provided by your broker's price feed and charting service) will not exactly match those values as provided by another broker, charting service, or website.

If you wish to use "your" pivot point levels and display them in VT Trader, you'll need to create a custom indicator that allows you to manually input the OHLC values you desire and then plot those values as horizontal lines in the chart. You'll need to then manually update those values within the indicator each day as you calculate the next day's values. Using this method it IS possible to display your pivot point levels in VT Trader's charts, however, it might not be quite as 'automatic' as you had hoped for... but, at least you know you're displaying the values that you want to display.



It's possible, although I do not know for certain, that the broker had their charting service offline over the weekend for maintenance and/or the server that your particular account is on offline for the same reason. I was able to log into my CMS FX demo account today for awhile earlier in the day, then was disconnected for some time in the afternoon, and then able to log back in again this evening.



I honestly don't understand why you keep going back to this. In the case of the name "Visual Trading", I believe that name was chosen mainly because of the ability to TRADE from the charts (placing orders, managing orders, etc.). However, I could be wrong.



I do not know specifically. We have only just started really planning out VT Trader 2.0. The new messaging and connectivity protocols require support on several other pieces of software in addition to VT Trader. Due to this, I cannot say when these new protocols will be released for public use.

Regards,
Chris

My understanding of this topic is that we have to use another platform for pivot points and VT for rest...Why? If VT knows for limitations of programming language and provided pivot point difference to simple and basic formula then VT should make such indictor not ask me to ask VT to create such indicator...if we need it. Yes we do.

Regards

Hello,

No, that is not correct. VT Trader can display pivot points, BUT it may do so in a slightly different way if you choose to use VT Trader's automatic calculations in the standard 'pivot point' indicators.; this is due to limitations of VT Trader's current programming language. You can, however, create your own custom indicator in which you input the pervious day's H/L/C prices and then let VT Trader display the pivots based on "your" prices vs. VT Trader having to try to simulate them.

Regards,
Chris

Chart templates were implemented as of VT Trader 2.0.19.

This is no longer applicable to modern 2.x VT Trader releases.

Many improvements have been made to address these old issues over the last few years.