Hello,
In just a few words ; i am happy today that i can now say that QChartist build 275 can fully replace TradingView and MT4 MetaTrader 4. It is pleasant that i can entirely rely on an open source solution and that QC can do all the job. I am no more dependent to paid, commercial, copyrighted and closed source software. I think it’s a scoop.
QChartist build 275 is out!
QChartist build 274 is out!
There is a bug in with the Volatility Pivot indicator in build 273.
The volatilitypivottrstop basic double array variable indicator buffer returns wrong values.
It seems like sometimes RapidQ memory limits are reached.
The workaround is to store indicator buffer values in a qstringgrid variable.
It’s a bit tricky but it works.
I attached the two files that have been modified here. They should be replaced and then recompile the program.
Best regards.
Hello guys,
Good news :
A Major bug that made QChartist crashing when loading monthly charts has been solved in build 273 !
Since many years i did not understand why the software was crashing when trying to load monthly charts for world indices and stocks. Moreover, it was not possible to put indicators on these charts.
The problem was the same for daily, weekly and monthly crypto charts.
This problem was one of the last QChartist weakness. I am very happy today that this problem is definitely solved and that all your charts (Bitcoin, Crypto, Stocks, Indices, Commodities and FX) can be loaded by the software successfully on all timeframes. You can also put indicators and draw objects on all these charts.
The problem was dealing with the bar volumes that were stored into integer variables. This was in fact a big mistake from my part. Integer variables are sometimes not enough for some bar volumes especially on large timeframes. Thus i replaced volumes integer variables to double variables. As a result, QChartist now works like a clockwork.
I made some other minor modifications at the same time (improved the price decimal precision for the crosshair and objects position). High price decimal precision is important for crypto charts.
To conclude, i hope that this major improvement will encourage traders to choose QChartist or simply to use it more often as the software has now become more and more user-friendly.
You are invited to update your software to the build 273.
Enjoy and happy trading !
Hello,
I recently decided to work under Linux and to write QChartist text files under this system.
Although QChartist is designed to work on Windows, i prefer to work with it on Linux with WineHQ.
So if you have problems to read the readme.txt file and to edit the QChartist.ini file under Windows :
Use Wordpad to display and edit my text files with correct line endings under Windows.
Text files line ending compatibility between Windows and Linux is an old problem.
Windows uses \r\n at the end of each line whereas Linux uses only \n at the end of lines.
That’s why you should not use Notepad under Windows to view or edit QChartist files, use Wordpad or JFE instead.
Thanks for your attention.
QChartist build 271 is out!
Good News : I still have some New Ideas in Mind to improve QC !
– I intend to implement Twelvedata data source to QC.
It will support intraday historical data (and even the 240 min TF!).
It will support Stocks, FX, Crypto, ETF and even Indices !
I believe that the implementation of Twelvedata will be a wonderful improvement because there was a lack of 240 minutes time interval.
I had to use the period converter to convert 60M to 240M, this was tedious.
With this new data source, 240M time interval will be finally built-in !
And cherry on the cake : the Live Chart Refresh mode will work on 240M TF, which will be perfect to follow the exit strategy with TMA_CG (System #3 Price Action System).
See https://twelvedata.com/docs for more info. Twelvedata rocks !
All that remains now is to get to work to program that. I just need to find some time. This will be done for the next build : 271.
– Another thing for the build 271 will be to add in the documentations that :
For Alpha Vantage Crypto Data Source, you don’t have to put the Cross Pair for the symbol :
the correct syntax for the symbol is : “BTC” or “ETH” (not “BTCUSD” nor “BTC/USD” which do not work)
– Another thing for the build 271 will be to add in the documentations that :
The Market Watchlist does not work under Windows 10 with WineHQ. But it works great under Windows 7.
If you want to use the Watchlist, all what you have to do is to run “winecfg” in the terminal and select “Windows 7” instead of “Windows 10”.
Have a nice weekend !
QChartist (QC) – MetaTrader 4 (MT4) comparison tab:
| QChartist | MetaTrader 4 | |
| Drawing tools (objects) | 60 | 24 |
| Indicators | A hundred | Tousands available from various contributors |
| Live or Realtime charts | Yes, Live Charts for tousands of tickers from various data sources. Also a realtime watchlist.. Custom Price Alerts with sound and email. | Yes, Realtime charts but for a limited number of symbols Realtime watchlist + realtime updated charts. Custom Price Alerts with sound and email. |
| Intraday data available | Yes | Yes |
| EOD data available | Yes | Yes |
| Stocks | Tousands of stocks available from various data sources | Only a few stocks are available depending on your broker |
| Indices | All indices available | All indices available |
| Forex | All pairs available | All pairs available |
| Commodities | All commodities available | All commodities available |
| Crypto | All crypto pairs are available | Some crypto pairs are available |
| Depth of historical data | Down to the 1970’s depending on the data source | It depends on the broker, difficulty to get data before 2000 |
| Indicators loading speed | Faster thanks to C++ coding abilities | Fast thanks to MQL which is almost as fast as C++ |
| Historical data passes year 2038 and after | Yes | No |
| Backtesting tools | No | Yes |
| Can trade directly with a broker | No | Yes |
| Tools for orders management (expert advisors…) | No | Yes |
| Market Scanner | Yes (QTGuard) | No, but paid solutions are available |
| Astro tools and indicators | Yes, built-in | Yes, but not built-in, complex to install with libraries… |
| Open Source | Yes | No |
| Set price alerts | Yes | Yes |
| Beauty, design, GUI, coding cleanliness | Very basic | Quite beautiful |
| Number of separate indicators that can be attached to the chart | Just one for the moment | As much as you want |
| Templates can be accessed easily | Just click on the template icon and choose your template from the selection You can click on the File menu > Load template and choose a .tpl file in the filedialog | Just click on the template icon and choose your template from the selection Also accessible from in the Menu |
| ease to pass from one chart to another | You have to click on the combobox and click on the filename | Simply click on the tabs (faster) |
| Level of complexity that can be achieved | Complex (C++), unlimited (Open Source) | Almost as complex (MQL), limited (Closed Source) |
| Chart types available | 8 | 3 (Bars, Candlesticks, Lines) |
| Logarithmic price scale | Yes | No |
| Draw symbols (arrows, stickers, thumbs) | Yes | Yes |
| Change indicators colors, line style and width, transparency | Not implemented. Causes buffers limitations | Yes |
| One indicator can be attached multiple times with different parameters | No | Yes |
| Languages available | 1 (English) | 39 |
| Full screen chart | Yes | Yes |
| Chart windows can be arranged (mosaic…) | No | Yes |
| Text To Speech function | Yes | No |
| Data source flexibility (new data sources can be easily added with API keys) | Yes | No |
| Complete documentation | Basic documentation but many undocumented features | Precise and complete documentation |
| Easy to program | Easy | Difficult |
| Rapidity to download charts | Medium | Fast |
| User can interact with drawing directly on the chart with the mouse cursor | Not implemented yet! | Yes |
| Maximum amount of indicator buffers | Unlimited amount of indicator buffers! | The amount of indicator buffers cannot exceed 512 |
| Subscription Free Charts | You can get charts without a subscription thanks to the Yahoo Finance Free API | It requires a subscription to a broker to get charts and quotes |
To conclude: QChartist and MetaTrader 4 are good free charting software alternatives and they are complementary. They are a good and powerful combo when used together because there are some things that QChartist can’t do and some things that MT4 can’t do. Together, they can do many things, otherwise everything !
These python scripts plot real live market charts from Yahoo Finance historical data source in the terminal.
This also works on Android devices with Termux. Now you can display your favorite charts everywhere!
Programmed by Julien Moog at the end of november 2021.
Enjoy and happy trading!
Usage instructions:
./yf1.sh [Symbol] [Y scale ratio] [Number of points-bars] [Timeframe]
Valid Timeframe: 1m 5m 15m 30m 1h 1d 1wk 1mo
Example: ./yf1.sh MSFT 2 99 1h
Rooted Android installation:
– install termux from Google Play
– open termux
– “apt update”
– “pkg install wget”
– “wget http://www.qchartist.net/files/trading/pychartist.zip”
– “su”
– “chmod 777 *”
– “exit”
– “unzip pychartist.zip”
– “su”
– “chmod 777 *”
– “exit”
– “pkg install clang”
– “pkg install boost”
– “clang++ yf.cpp -o yf”
– “su”
– “chmod 777 *”
– “exit”
– “pkg install python”
– “pip install drawille”
– “apt install gnuplot”
– Let’s try with Bitcoin: “./demo_BTCUSD.sh”
Enjoy!
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