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MBT Desktop Pro

 

 

MBT Desktop Pro

Software Overview

MB Trading’s Desktop Pro takes all of the features of the basic Desktop application and adds a lot more. The MBT Desktop Pro represents a significant enhancement to its predecessor, the Award-Winning MBT Desktop. Desktop Pro retains all of the order types and account management systems of the original MBT Desktop, but now adds robust charting with more than 100 indicators and studies, a complex alert system for monitoring price movement based on over 100 parameters, and a sophisticated Formula Engine that can insert over 100 built in mathematical stock fields into its quote sheets, hotlist sheets, scanner sheets, or option sheets, including Last, Bid, Ask, Net%, Block Trades, Money Flow, PE, EPS and much more. Add this to MB Trading’s Research and Morning Notes, Options Strategist, and low commissions, and the MBT Desktop Pro is the one-stop solution for professional traders. Some of the key features of Desktop Pro include:

  • Advanced Charting application with over 100 built-in indicators, studies, and tools
  • A complete scripting language for all asset classes to design custom executable scripts
  • The New MBT Options Strategist for advanced options order placement
  • A complete scanner for finding patterns in all asset classes that meet customizable criteria

User Manual

Click here to view the MBT Desktop Pro User Manual

 

Features List

MAT (Managed Account Trading) NEW!

The Managed Account Trading (MAT) tool is designed for traders managing multiple accounts with one or multiple strategies. Accounts with trading authorizations, funds or even a regular account plus an IRA can be grouped based on the trader's design. The MAT functionality is built into the MBT Desktop software and is immediately available for use by any authorized account. There is no minimum account size or minimum number of accounts required to use this tool; MAT allows trading from one to thousands of accounts simply and easily. Learn more about the Managed Account Tool.

 

Market Depth (Level II)

Sub Pips Underlined in LVLI NEW!

 

Drag and Drop to Change Orders NEW!

Drag and Drop change order capability in the Market Depth window. (1) Indented box represents your order. (2)Drag to a new price level in the montage or the opposite side to change into market order. (3)That will send a change order to the new price for your order.

Drag and Drop to New Price Level

Futures Depth-of-Book

For those with an MB Trading Futures account, you can view the top 5 futures bids and offers, allowing you to see the depth of the market.

TradeFlow Meter

See where the market pressure is. The Trade Flow Meter watches trade volume at the bid vs. the ask, degrading its average over time interval.

Monitor Multiple MPIDs

Interested in seeing what a particular market participant is doing today? Right-click on the desired MPID, select "monitor", and the color of each selected MPID will invert, making it easier to track.

Watchlist

Yahoo Finance Snapshot Menu NEW!

Added Yahoo Finance Snapshot menu item to load fundamental page for selected symbol (equities only).

Pip Value/Lot Column NEW!

Now calculated using bid only so values will be identical whether long or short.

 

Spread Column NEW!

Added Spread column.

 

S/M Column NEW!

Shows 'I' for intraday short, '$' for negative borrow.

Symbols Import NEW!

Import into watchlist of symbols now supports multiple formats.

Server Sided Symbol Lists

The MBT Desktop takes into consideration that you may not log in from the same computer every time; your symbol lists and configuration settings are saved on our server.

Order Entry in Watchlist

Either right-click on your watchlist and select "Show Order Entry" OR double-click on any of the symbols to place an order.

Navigate the Watchlist

Use the UP / DOWN arrows on your keyboard to switch cells in the watchlist. The Enter key now puts you in edit mode, allowing you to change the symbol or accept the change if you are already in edit mode.

Multiple Watchlists

Use the menu command "Navigate|Watchlist" to create a multiple Watchlists. This feature helps keep distinct groups of symbols apart and easily viewed.

Updated Trade Trend

We've updated the trade trend to show you what the market is truly doing. Now on a 0+ tick or a 0- tick, you will see a bullet colored to either the uptick color (if it was 0+) or the downtick color (for 0-).

Sort by Any Data Column

We've updated the trade trend to show you what the market is truly doing. Now on a 0+ tick or a 0- tick, you will see a bullet colored to either the uptick color (if it was 0+) or the downtick color (for 0-).

FX Board NEW!

Now shows red bar when bid or Ask is unavailable. Added scrollbars when view is too small to fit content.

Alerts Window NEW!

 

Alerts window renamed to Messages. Added server name to quote connect/disconnect messages in alerts view.

Order Entry

TIF Selector NEW!

Added TIF selector to TTO, Options and Plus templates.

Combination Orders Types NEW!

Added new combination orders: Limit+TTO, Limit+Stop Market, Limit+Trailing Stop, Maket+TTO, Market+Trailing Stop, Stop Limit+TTO, Stop Limit+Trailing Stop, Stop+TTO, Stop+Trailing Stop, Reverse+TTO.

Trailing Stop Trigger NEW!

Added optional trailing stop trigger to TTO template (when open position).

 

Add IOC Support for FX NEW!

Added optional trailing stop trigger to TTO template (when open position).

 

Intraday Shorts NEW!

Intraday shorts now show 'dashed' box in short/margin control. Tooltip shows negative borrow rate.

 

Cancel Message NEW!

Added a "reason" for cancel message
Added MOC/LOC/Reserve order type for Canadian symbols.

 

Open Orders NEW!

Shift and Ctrl click can now be used to select multiple open orders, enabling new 'Cancel > Cxl all selected' menu item. Added MOC/LOC/Reserve order type for Canadian.

 

OE - Order routing defaults NEW!

Shift and Ctrl click can now be used to select multiple open orders, enabling new 'Cancel > Cxl all selected' menu item. Added MOC/LOC/Reserve order type for Canadian.

 

 

Cxl Replace dialog NEW!

Now shows most current order details instead of original order details after multiple replaces of the same order.

 

 

Optimized accounting, position and order message code for faster execution NEW!

 

Forex lot size NEW!

Added ability to set Forex lot size (1000-10000 in even 1000's).

"Plus" Template

Offers the ability to place a variety of orders, including Limit + TTO, Market + TTO, Reserve + TTO, Stop + TTO, Limit + Trailing Stop, and Market + Trailing Stop.).

Margin/Short Status

Quickly view the status of a stock - a green 'M' indicates "marginable"; a red 'M' with a line through it indicates "not marginable". A purple box around it indicates "shortable" and a gray box indicates "not shortable".

Maximum Trade Qty

Save time by clicking on the BP field to calculate and load the maximum number of shares you can trade (to the nearest round lot).

Pinned Order Entry

Have you found your order entry settings for the day? Don't want them to change every time you change symbols? Pin your Order Entry Screen! By clicking on the pin, the settings are kept as you switch symbols.

TTO trigger recalculation

Want to re-apply your default settings to the TTO screen? By clicking on the last price you can have your TTO defaults recalculated and placed into the Upper trigger and Lower trigger fields.

 

Order preferences by security type NEW!

Set different default volume quantities for stocks, futures, and options. Each time you change symbols (assuming you are not using the pinned feature) these defaults will be re-applied.

Order type default NEW!

Now set your default order type preference under "order entry defaults". Note that if the order type is not available for the route selected, it will default to Limit.

Submit button color

Now set your "Submit" button color default in the "General Preferences" window.

Options

Online Options trading

After opening an options account, send options orders directly to the exchange.

Highlight Live Orders

See which options you have open orders on by selecting the 'Highlight Live Orders in Grid' preference. This option highlights the rows in which you have open orders.

Options order entry template NEW!

Use the new options order entry template for strangles and straddles.

Basket

Allocate amount now uses EE instead of current BP on saved basket read.

Fix account showing BP instead of EE.

In weight mode, spinner now responds to mouse wheel.

Orderbook and Open Orders

 

Replaces Suspended GTC orders so that after the replace, order remains in suspended state instead of Live. NEW!

 

Multiple views of order history

Customize not only what you see, but also how you see it. Interested in viewing only your live orders? Or how about the Live and Executed orders? Want to see everything in a condensed (summarized) fashion?

Sort by any column

Do you prefer to view things in time order? Or how about by Order ID or symbol? The Orderbook and open orders windows both allow you to sort by any column.

Positions Window

 

Column ordering NEW!

Changed default column ordering to: Symbol, Total Pos, Open Pnl, Closed Pnl, Total pnl.

 

 

Context menu NEW!

Close position context menu should only show when click in the Total Pos columns; otherwise use default menu.

 

 

Rename Total Position to Net Position NEW!

 

 

Positions view NEW!

Notes column fixed; correct price now loaded into OE after Bid/Ask click.

 

 

CloseAll no longer ignored when net position of all symbols = 0. NEW!

 

 

Prevent current selected row from changing when position is added or updated. NEW!

 

Column totals NEW!

Column totals added to all PnL columns.

Order Entry NEW!

Either right-click on your positions window and select "Show Order Entry" OR double-click on any of your positions to place an order.

Account Balance

See your current balances

Want to know what your realized or unrealized profit/loss is for the day? Or see how many shares you've traded or the total number of trades placed today.

FX Charts

3rd Party and General

  • Added FX symbology mapping.
  • Added XP theme support. Multiple windows now support both Export data to .csv and clipboard.
  • Whammy bar configurable with right click.

Symbol lookup

Futures contracts now display current and future contracts description.

Release Notes

 

 

What's New In MBT Desktop Pro, Build 2.2.0.56 – March 31, 2014

 

General

Fixed: Application startup time has been significantly reduced.

 

Market Depth

Fixed: Hard-To-Borrow stocks from the previous day were still showing up in the Market Depth. This has been resolved.

 

Market Depth Ladder

Fixed: In the preferences when you set the depth higher than 4 the bid/ask price would disappear. This has been resolved.

 

Charts

Fixed: Charts that showed data prior to March 9th 2014 were off by one hour. This has been resolved.

 

Order Book

Fixed: If you changed a trailing stop GTC order then the next day when the price would update it would display ??? after the price. This has been resolved.

 

What's New In MBT Desktop Pro, Build 2.2.0.51 – Dec. 20, 2013

 

Options

New Feature:New Advanced Options Trading application

This version of Desktop Pro includes the new Advanced Options Trading application that provides the following features:

  • An intuitive design and layout with simplified data and risk charts



  • Access the Option trading platform using the following icon or menu item:





  • Fast order entry with improved trade management for complex strategies



  • Flexible views for expirations and strikes



  • Full trade analytics as part of the order confirmation



  • You can access the Option Strategist that is replaced by the Option trading platform by using the following menu item and window:





 

What's New In MBT Desktop Pro, Build 2.2.0.48 – October 18, 2013

 

Options

Fixed:Added weekly contracts for $SPX.

Fixed:Option Strategies are no longer included in the “Close All Positions” option in the right click menu of the positions window.

Fixed:Allowed the ability to change from debit to credit when rolling a strategy.

Fixed:Positions Window now correctly displays Double Calendar strategies.

 

Order Entry

Fixed:Trigger By orders are now working correctly for option chains.

 

Charts

Fixed:There was an error that could cause a gap in historical data. That has been resolved.

 

MAT

Fixed:Fixed Quantity is no longer grayed out when trying to close a position.

Improvement:Added various columns including: Commission Files, Pending Buy / Pending Sell, Comments, and Underlier.

 

What's New In MBT Desktop Pro, Build 2.2.0.41 – May 24, 2013

 

Bug Fix:In some cases, following installation or upgrade of Desktop Pro, the following message is displayed: "This program might not have installed correctly." The installer presents two options, the first to reinstall Desktop Pro, the second to accept the installation as is. If you select either option the process will complete without error. It is recommended to select the second option. We are investigating the cause of this warning and to resolve it.

Bug:Customers using Norton 360 may get a message during install that Norton has blocked a Suspicious.Cloud.7.F. This is a false positive and has been reported to Norton. In the mean time please take the following steps to restore the file that Norton deletes.

  1. 1. During the install of Desktop/Desktop Pro you will see the following warning from Norton:
    Norton Warning
  2. 2. Once the install is complete you will see the following message from Norton:
    Norton Warning
  3. 3. Click on “View Detail” and the following window will open
    Norton Warning
  4. 4. You will need to click “Restore” to put the files back in their original location
    Norton Warning
  5. 5. Once you click on the Restore link the following window will open:
    Norton Warning
  6. 6. Click “Yes” to restore the file making sure that “Exclude this file ID from future scans” is checked
  7. 7. Once the file has been restored you will see the following screen:
    Norton Warning
  8. 8. Click on the close button and repeat steps 4-7 on any other remaining items to restore those files.
  9. 9. Once all files have been restored open Desktop/Desktop Pro

Charts

Fixed:Bar Timer and time on the charts was off by 1 hour for customers living outside of the United States.

MAT

Improvement: Added Pending Buy and Pending Sell columns to the MAT position tab

Improvement: Added support for Day+ and GTX Time in Force options

 

What's New In MBT Desktop Pro, Build 2.2.0.39 – May 2, 2013

 

Known Issues in Release Candidate

Bug Fix: In some cases, following installation or upgrade of Desktop Pro, the following message is displayed: "This program might not have installed correctly." The installer presents two options, the first to reinstall Desktop Pro, the second to accept the installation as is. If you select either option the process will complete without error. It is recommended to select the second option. We are investigating the cause of this warning and to resolve it.

Charts

Fixed: When chart initially loads it shows the last tick, not the official last.

Fixed: When looking at two charts for the same symbol at different intervals the vertical cursor line disappears in one chart when the interval in the second chart is later.

Fixed: MACD Indicator may disappear due to scaling.

Fixed: Resolved an issue where charts were showing an erroneous LOW in the most recent interval.

Option Chains

Improvement:: Added the ability to view and trade Mini Options.


MBT Desktop Pro

Fixed: Certain option chains were requesting the incorrect underlying symbol.

Fixed: In the Option Chain view the quarterly options are sometimes mislabeled.

MAT

Improvement: Changed the Activate/Inactivate All button to say Check All and Uncheck All

Improvement: Added the Basis P&L Column

Improvement: Enhanced the Account format display. Now you can choose how the account will be formatted in the Account Column. You can choose: Alias only, Use general format, or Full account number (with the option to append the alias).


MBT Desktop Pro

Improvement: Added the ability to specify a fixed quantity for all selected accounts. Using the Fixed Quantity override you can now specify how many shares/contracts/pips you want traded in each account evenly. This new “Fixed Quantity” will allocate the same Quantity value to each selected account as long as the account has sufficient BP for the quantity entered. If it does not have sufficient BP it will reduce the quantity number entered to a value that will not exceed BP. For example, if the user enters 100 for the “Fixed Quantity” the Quantity of 100 will be applied to each account as long as there is sufficient BP in the account.


MBT Desktop Pro

Improvement: Provided the ability to override any single account’s quantity with a higher or lower amount so long as it does not exceed the BP of that particular account. The Quantity value will be displayed in Italics while it is in “edit” mode and displayed in Normal type when in “display” or “auto” calc modes. This new quantity will be applied if the user presses enter, tabs away or clicks on any other row or control on the form. This new quantity will stay active until the user changes one of the account allocation values for %BP, %Position or Group. The automatic allocation tools will override any manually entered quantity values in the grid.


MBT Desktop Pro

Fixed: Quantity Override is not available for shorting positions.

Fixed: MAT selects all accounts or no accounts if order type is changed before submitting an order

 

What's New In MBT Desktop Pro, Build 2.2 – February 15, 2013

 

Known Issues in Release Candidate

Bug Fix: In some cases, following installation or upgrade of Desktop Pro, the following message is displayed: "This program might not have installed correctly." The installer presents two options, the first to reinstall Desktop Pro, the second to accept the installation as is. If you select either option the process will complete without error. It is recommended to select the second option. We are investigating the cause of this warning and to resolve it. .

General

Improvement: The Desktop Pro application and architecture was migrated to the latest version of the Microsoft Development tools to improve performance and stability on the latest release of the Microsoft operating systems, Windows 7 and 8. Desktop Pro has been certified to be fully compatible with Windows 7 and 8.

Improvement: When Desktop Pro is first installed, the browse-for-sounds dialog does not start in the Sounds directory. This has been fixed to start in the Sounds directory by default.

Improvement: Removed the customization button from the Workspace Bar in Desktop Pro because it had no function.

Bug Fix: When a window is Maximized (i.e. Orderbook), then you try to open another window with File / New ..., Desktop Pro becomes unresponsive. This has been fixed.

Alerts

Improvement: Added to Desktop Pro a new feature to more easily configure Alerts and to all for email alerts or to execute a user defined trade when an alert triggers. This feature is to allow for all trade types to be enabled for trading by alerts. The following are the two kinds of Alerts that can be enabled in Desktop Pro:

  • Expression alerts – Expression Alerts are constructed from a free-form string that is evaluated as a Boolean in the alert parser. They contain operators (arithmetic, logical, comparison), numeric constants, simple snapshot data-retrieval operators (Last, Open), and (effectively) function calls to evaluate a study’s current value.
  • Line Alerts – Line alerts are a specialized Boolean test to find when an asset price crosses a line ray or segment in a Chart. The following enhancement was made for the Line Alerts: When you right click on a line ray or segment on a chart, you are presented with the option to create an Easy Alert or to add a Simple Alert based on the price value of the line ray or segment, as shown in the following picture:
    MBT Desktop Pro
  • If you select to create a simple alert from one of the line values presented in the right click menu, the following alert creation window is presented:
    MBT Desktop Pro
  • Once the line alert is created you can adjust the line on the chart to any location and the alert will adjust to the lines new price values. When the price hits a target range defined by the line values, it's easier to be alerted than to just read a number on the chart. It's especially effective when looking at multiple charts. If you could scan through currency pairs that are labeled with price indicator alerts, it is much easier to read. A user can set an upper and lower target range making it easier to trade.

The ability to create, edit or clone any alert uses the same alert window shown above. In addition to the improvements for line alerts, any alert can be setup to do any of the following:

  • Sounds Alerts
  • Email Alerts
  • Trade Alerts

Email alerts are configured by right clicking on the simple alert display window as shown in the following picture:

MBT Desktop Pro

This will display the Email Alert Properties window as shown in the following picture:

MBT Desktop Pro

Once the email alert properties are setup correctly and turned on in this window, then email alerts can be turned for each alert type.

We have added the ability to submit a trade when an alert triggers. This is setup on the Alert create/edit/clone window shown in the following picture:

MBT Desktop Pro

If the Trade on Alert check box is checked for an alert, when the alert triggers, the Order Entry panel will automatically open, if not already open, on the Simple Alert View window. The trade settings from the Trade on Alert Parameters section will be automatically entered in the Order Entry Panel. If the Submit Trade Automatically check box is NOT checked, then you have the opportunity to review the trade parameters before you submit the order by clicking the Buy/Cover or Short/Sell buttons on the Order Entry panel. If the Submit Trade Automatically check box IS checked, then the order parameters are automatically submitted from the Order Entry panel. Depending upon your Order Entry preferences, you may or may not need to click in an order confirmation dialog before the order is submitted. The following Trade Types are supported in this version:

  • Buy or Sell Market
  • By or Sell Limit
  • Buy or Sell Limit Plus Offset
  • Close Position in Symbol

Bug Fix: Any alerts configured in the Simple Alert window would not be saved when the Simple Alert window was closed. Any Simple Alerts configured in the Simple Alert window are now saved when the window is closed or if the application is closed, so they are saved across user sessions.

Order Entry

Improvement: The basis value on the Order Entry panel has been based upon the position Today Basis Open price. We have changed the Basis value on the Order Entry panel to show the Total Basis Average price for Equities, Options and Futures positions. FOREX positions are mark to market positions so they still reflect the Today Basis Open price.

Improvement: We have added the ability to close all of a position or a partial position from the Order Entry panel. In the Positions window, when you right click on a position you are given the following options:

Close <Symbol> in account <Account>

Close part of <Symbol>...

These options have been added to the right click menu of the Order Entry panel.

Improvement: The Short button will only be displayed if the account has the trading permissions to short. This was implemented to address the needs of DVP accounts.

Improvement: Admin Accounts only: FX risk change orders do not change prices on stops (TTO's and Stop Market orders).

Improvement: The Basis value is now calculated from a blend of the Basis Avg. Price and intraday basis.

Fixed: When entering a TTO order by placing a short order with a trailing offset, the confirmation window would not show the offset and the order was placed without the offset. This only occurred when pending closing orders were active. This has been fixed so that all order conditions now use the actual open position when determining when the offset applies to the order.

Fixed: When entering a combo order for an FX symbol, e.g. EUR/JPY, the second Leg TTO pre-fill price were using the quotes from a previously used FX symbol, e.g. EUR/USD. This is now fixed to use the correct pre-fill prices from the selected FX symbol.

Fixed: The Buying Power amount displayed in the Order Entry panel was not always correct for some types of symbols, e.g. 2X/3X ETFs due to specific margin requirements. This has now been corrected to show the correct Buying Power amount based on the symbol margin requirements.

Fixed: The Limit-Offset field was not setting the offset correctly for FOREX symbols.

Fixed: The Limit-Pips field was not displaying the proper value when Pips is the setting for "Unit to use for Stop and Limit Values".

Fixed: The TTO and Trail offset preferences for Futures were not calculating the offset correctly.

Fixed: Updated the wording for the Stop Limit Offset to include +Limit orders.

Fixed: When entering a Conditional order symbol on a TTO order, the Lower Trigger would reset to zero.

Fixed: When clicking on the various order types the Stop price would become populated with zero.

Fixed: Changed the name for the Trailing offset prefill value to show that the value is in PIPs.

Fixed: When canceling a pending Trailing stop order the price was displayed as 0.00.

Open Orders

Fixed: Account and Symbol were not available in the grouping menu.

Fixed: When changing the trigger price of a conditional symbol the confirmation window would show the old trigger price.

One Click Trading Order Entry

Improvement: Re-designed the look and feel of the One Click Trading order entry window.

Improvement: Added the ability to adjust the Font size via the Preferences.

Improvement: Added the ability to right-click in the One Click Trading window and switch from market orders to limit orders and vice-versa.

MBT Desktop Pro

Fixed: When the One Click Trading window was saved in the workspace the Limit offset price was not always set correctly.

Fixed: The One Click Trading window caption is not always updated with the correct symbol.

Fixed: The FX symbol would disappear when docking/undocking the window.

Fixed: Corrected an issue that allowed to input an invalid limit price for Futures.

Positions Window

Improvement: Added Symbol info options to the right click menu in the Positions window, including Symbol Info, MBT Research Tool and Yahoo Finance Snapshot and added support for Futures symbols, as shown in the following picture:

MBT Desktop Pro

Charts

Improvement:Added ability to configure the Chart Y Axis Increment Setting.

MBT Desktop Pro

MBT Desktop Pro

Improvement:Added ability to control placement of Order and Position Lines on Charts:

MBT Desktop Pro

MBT Desktop Pro

MBT Desktop Pro

Improvement:Added a MACD chart study Histogram only option.

MBT Desktop Pro

MBT Desktop Pro

Improvement:Add Price/Pip Delta to change order lines. This will give you a visual indicator as to how much the order will change.

MBT Desktop Pro

Improvement: Added ability for studies to be plotted on top of candles or behind candles.

Improvement: Added the Volume-weighted Average Price (VWAP) study to the Charts.

Improvement: Added Order Entry lines for all Plus orders.

Improvement: Added Daily Session Pivot Points. Session Pivot Points calculate from the actual trading session instead of the day.

Fixed: Account numbers are no longer exposed in exported charts.

Fixed: Order lines on charts do not display on charts created in prior versions of Desktop Pro.

Fixed: Pivot values for some Futures contracts were incorrect on Sunday afternoon.

Fixed: Charts bar timer not updating after counting down to 00:00.

Fixed: Stock Tick Data is now updating based on the last trade.

Fixed: Stochastic Indicator does not change when changing the length.

Fixed: When a chart is maximized the Restore, Minimize, and Close buttons do not work.

Fixed: No Bar Timer On /NQU1 1 Minute Interval.

Fixed: Limit + TTO and Stop + TTO Order in Desktop Pro Charts shows multiple lines that should not exist.

Fixed: When selecting a 15 second chart it was displaying a 30 second chart.

Fixed: The volume data that is painted onto the chart after the candle closes is sometimes an incorrect color.

Option Chains

Fixed: Deltas were sometimes wrong on options in the option chains.

Fixed: Limit price resetting to zero when clicking on the various symbols in the option chain.

Option Strategist

Fixed: Weekly expiring contracts are not showing in the Option Strategist.

Fixed: Long Puts were not displaying cents in the strike column even though the symbol displayed is +SPY-120914P140.50.

Watchlist

Improvement: Added Symbol info options to the right click menu in the Watchlist window, including Symbol Info, MBT Research Tool and Yahoo Finance Snapshot, and added support for Futures symbols as was done in the Positions window.

Quote Sheet

Fixed: Certain fields were not populating in the Quote sheet.

Fixed: The Quote sheet fails to show values for any of the options fields.

Market Depth Ladder

Improvement: Changed the color of the Market Depth Ladder P&L value to red when negative.

Improvement: Added the current Bid and Ask Size values in parenthesis in the Price column.

Improvement: Added Zoom Level display as shown in the following picture:

MBT Desktop Pro

Improvement: Changed the Position indicator in the Position column from the Mark-to-Market Basis Price to the Basis Average Price for symbols other than FOREX.

Fixed: When placing Futures Limit orders in one account they are still visible when switching to another account.

Fixed: Addressed multiple errors with Stop Limit orders.

Fixed: The Market Depth Ladder was displaying different last prices for /ESZ2.

Fixed: The Market Depth Ladder was displaying irregular trades for prints between the spread.

Fixed: Addressed display issues for FX symbols.

Fixed: Addressed issues that were causing existing TTO orders and lower trigger values to be reset.

Fixed: If the Upper and Lower trigger values for a TTO order were set to values which were not visible in the Market Depth Ladder, when the (e.g.) Bid Size column was clicked, a pending order was created, but was not shown. IT is now shown correctly.

Fixed: Some menu options were not working when right clicking on the positions label.

Fixed: Placed a Limit order for 3.5 lots, changed the price by dragging the order label. The label would display only 3 lots incorrectly.

Fixed: Placed a TTO order by clicking on Ask Size price row. The order labels were visible but the order could not be changed or placed.

Fixed: When changing TTO price triggers on the Market Depth Ladder, the confirmation window would reverse the greater than/less than signs.

Fixed: Could not move the order legs when the Price was not shown in the Market Depth Ladder due to an applied zoom factor.

Fixed: The Trail order leg would move in the opposite direction for some orders.

Fixed: Addressed issues with the Limit + Trail order.

Fixed: Addressed issues with colorization of open order indicators.

MAT

Improvement: Added the ability to display the account alias values that are set in the General preferences so that you can tell them apart on the MAT windows as shown in the following pictures.

MBT Desktop Pro

MBT Desktop Pro

Time and Sales

Improvement: Added filtering to remove Irregular (Irg) Trades.

Fixed: The Time and Sales values stop moving when the size filter is selected.

Pyrapoint

Fixed: PyraPoint vertical lines were offset from the vertical line below.

Fixed: PyraPoint labeling was fixed on Forex symbols where the price was in a flat channel.

 

What's New In MBT Desktop Pro, Build 2.1.0.58 – August 22, 2012

 

General

New Feature: Added the server ID connected to for Trading, Quotes and Messages as a tooltip in the connection status bar.

Charts

Improvement: Removed the Account number that was displayed in the Chart symbol/interval bar upon Chart export.

Order Entry

Improvement: Added checks for Trading permissions to the Shortable button in the Oder Entry window. The Shortable button will only display now if the asset can be Shorted and the trader has the permission to submit Short orders.

Bug Fix: Fixed an issue where the TTO + Trail order confirmation window would show the Trail order in the stop-loss side of the order, which was incorrect when the TTO was a buy-to-cover order.

Bug Fix: Fixed an issue in the Change Order confirmation window when changing a Limit order to a market order and changing the order quantity. The order quantity would show the previous quantity not the new quantity. This has been fixed.

Orderbook

Improvement: Added better formatting when exporting the Orderbook (and other window output) to the clipboard for use in an Open Office or Excel spreadsheet so that it displays as it does in the Orderbook window.

Option Strategist

Bug Fix: Fixed an issue where the Options Strategist would sometimes encounter an error when the “Load Closing Order in Option Strategist” right-click menu item was used from the Positions window with multi-legged strategies.

Option Chains

Improvement: Added the Implied Volatility data field as a column in the Option Chain window.

 

 

What's New In MBT Desktop Pro, Build 2.1.0.56 – June 29, 2012

 

General

Notice: The Trade-Ideas Trade-Ideas module found within MBT Desktop Pro has been temporarily removed. If you have used this product and wish to continue using it as part of your trading decision process, please go to http://www.trade-ideas.com/ and sign up for their service. In the event you rely on this product for your trading, MB Trading will be offering a rebate program to help cover some or all of the cost you may incur. If you wish to weigh-in on the change or discuss any other trends with MB Trading, you can do so at the MBT Forums HERE.

New Feature: Added support for the OTC Markets equities quote feed. The OTC Markets quote feed replaces the OTC Bulletin Board and Pink Sheets quote feeds that were included in the NASDAQ quote feed. The OTC Markets quote feed can be added to your login by logging into the main website and going to the Quote Preferences page and add this new Quote Feed to your account (Note: This is only available for a live, funded equities account).

Charts

New Feature: Added the ability to add a Pyrapoint annotation study to all chart symbols and intervals except tick charts. The Pyrapoint annotation tool is an analysis method developed by Don Hall. For additional information on the Pyrapoint method please review the information at the following link: http://pyrapoint.com

To access the Pyrapoint annotation tool within Desktop Pro, open or click on a chart and then select the Pyrapoint icon from the chart toolbar as shown below:

 

ou will be prompted to select two data points, left to right on the chart, on two different interval bars. If you have the price magnet turned on your selection will be one of the key data points in the interval bar. The result will be the Pyrapoint annotation on the chart as shown below:

You can modify the parameters for the Pyrapoint annotation by right clicking on any part of the annotion and selecting Preferences from the right click menu. You can remove the annotation by selecting Remove Line from the right click menu.

When you select the Preferences menu item you will be presented with the following Pyrapoint preferences window:

Bug Fix: Fixed an issue where the charts would show large spikes on tick charts for some Forex pairs.

Order Entry

Bug Fix: Fixed an issue where the Stop+Limit order type prices are reversed for the opening and closing prices respectively.

Market Depth

Bug Fix: Fixed an issue in the Market Depth window where Desktop Pro would crash intermittently when Futures symbols were entered repeatedly into the Market Depth window directly.

Option Strategist

Bug Fixed: Fixed an issue where the Options Strategist window is slow to open when a new Options Strategist window is opened. This could be several seconds to a few minutes depending upon the speed of the computer.

MAT

Bug Fix: Improved performance of the MAT window when used in Desktop Pro.

 

 

What's New In MBT Desktop Pro, Build 2.1.0.51 – May 8, 2012

 

General

Bug Fix: Fixed an issue where various preference settings were not being warned on exit of the application.

Market Depth Ladder

Bug Fix: Fixed an issue in the Market Depth Ladder where the Order Entry, Change Order and Cancel Order preference setting buttons were not in sync with the Order Entry preference settings and were not being saved across application sessions.

Charts

Improvement: Added the Ichimoku Cloud study to the charts. The study can be found in the Studies right click menu on the chart, Ichimoku Could > Select from the menu.

When you select the Ichimoku Cloud – All option you are prompted to select the parameters for each sub-study as shown in the following parameters screens:

The results of the Ichimoku cloud study with all the sub-studies applied is shown in the chart screenshot:

Improvement: Added the Close price to the Chart snapshot data area.

The close value can be added from the Chart snapshot data area right click menu, Fields > Close menu selection.
Improvement: Added the ability to measure bars, pips and price deltas from two price points on the chart. The following is the icon for this tool on the chart annotation tool bar:

Improvement: Added new fields to the interval bar cursor data window including: Range, Change and Change %.

Bug Fix: Fixed an issue with changing pending TTO orders on the charts using the order lines. When the values of the TTO are changed, the upper and lower triggers would revert and get swapped where the upper trigger becomes the lower trigger and vice versa.
Bug Fix: Fixed an issue where under certain conditions the real-time data updates stop flowing on the chart as intervals are switched.
Bug Fix: Fixed an issue where update bars would not appear for certain multi-minute charts.
Bug Fix: Fixed an issue when Trading on the Chart, using the order lines. did not display the order prices to full decimal places as in the Orderbook.
Bug Fix: Fixed an issue when you would create an overlay chart with /ES#0 on an $SPX chart, it would show invalid prices for /ES#0.
Bug Fix: Fixed an issue when you would publish a Chart to the Web it would cause the application to crash.
Bug Fix: Fixed an issue where under certain scenarios the chart toolbar fields were not preserved across application sessions.
Bug Fix: Fixed an issue where if you changed an open limit on a futures symbol by dragging the order line on the chart, the prices on the order label and in the order entry would not match.
Bug Fix: Fixed an issue where the chart Tick Counter would not always update on the chart with each new tick.
Bug Fix: Fixed an issue where an angled line drawn on a chart is displayed in a lower chart interval where the line end points are not displayed on the current viewed area of the chart, then the resultant line was being displayed in a different skewed angle off the edge of the chart display area. Also, if you would move the original line where the line end points are not visible on the chart display area, the line would jump to some an alternate angle sometimes off the displayed chart area. Lastly, sometimes when moving between intervals, drawn lines would disappear from the chart display.
Bug Fix: Fixed an issue where the WcciEx study would not save all the changed study fields.

Order Entry

Bug Fix: Fixed an issue where the Stop price for a stop limit order in the Order Entry was not working correctly. When you try to set a stop price of a stop limit order (standard or plus), it automatically would move to 1,000,000 which results in the stop limit offset function becoming unusable.
Bug Fix: Fixed an issue where if you placed a Trailing Stop order with a New OCA Group, then tried to change the order, there would be no response received.
Bug Fix: Fixed an issue where if you placed a Trailing Stop order with a New OCA Group, the Order would be placed as a Triggered by Order.
Bug Fix: Fixed issues where if you placed orders as OCA groups, the second order in the OCA group would be rejected. Also, in some cases the Buy/Sell buttons would be grayed out when selecting to enter an order in an existing OCA Group.
Bug Fix: Fixed an issue where if multiple orders executed using an OCA Group ID, for new orders the Group Id would appear in the Cancel Group ID window and shouldn’t.

Positions Window

Improvement: Added the feature to display the Spread, Range and Change columns in Pips. This is enabled with a General Preference setting called "Display calculated forex values in pips".
Bug Fixed: Fixed an issue when holding an FX position, select Close part of position in the Positions window, the Confirmation window suggests 30000 lots instead of 3.

Open Orders

Bug Fixed: Fixed an issue when you had multiple open orders in the Open Orders window, then initiated a new Stop Market Trigger By order, the Trigger Order By window OK button could not be initially selected.

Option Strategist

Bug Fixed: Fixed an issue when you Roll a Call in the Option Strategist. The rolled call was adding the closing and opening call option as a credit, when it should instead have added the closing call as a Debit, and the opening writing call as a Credit.
Bug Fix: Fixed an issue where the Region and Language format was set to Polish or any other Latin based language, then Rolled a Roll Call from a Covered Call in the Options Strategist, double click on the Expiry header to change it, this produced a Runtime Error.
Bug Fix: Fixed an issue where the Region and Language format was set to Polish or any other Latin based language, when opening the Options Strategist it produced a RunTime Error.
Bug Fix: Fixed an issue where if you were holding a Long Call Condor in the Positions window, select "Load closing order in Option Strategist"…nothing would happen.

Watchlist

Improvement: Added the feature to display the Spread, Range and Change columns in Pips. This is enabled with a General Preference setting called "Display calculated forex values in pips".

 

 

What's New In MBT Desktop Pro, Build Buld 2.1.0.38 – March 6, 2012

 

Charts

Improvement: Added a Tick Count value for Tick Interval charts. The Tick Count value counts down from the Tick Interval value to 0 in the lower right hand corner of the chart, as shown in the following screen shot:

Bug Fix: When changing the Quantity in the Order Entry panel in a Chart, the Quantity value on the line annotation did not stay in synch. This has been fixed.

Bug Fix: There are several scenarios in which the chart toolbar fields were not preserved as expected. The All/Main Session value for a chart would often get reset to Main session after certain actions or after exiting and re-starting Desktop Pro. This has been fixed for all reproducible scenarios.

Positions Window

Bug Fixed: The Basis Market Value column has been renamed to Total Basis and in cases of Forex and Futures symbols the value is blank because they do not have a real basis value.

Bug Fixed: The Basis Avg Price, Basis Open P&L, Basis Total P&L, Basis Closed P&L columns have been enabled for Forex symbols and should now mirror the other basis/pnl column values.

Bug Fixed: The Basis Avg price column for non-FX symbols displayed a non-zero value for closed positions. This is now fixed.

Bug Fixed: Added back the summary footers for secondary PnL columns for FX symbols.

Bug Fixed: FX lot sizes now show no decimals (as opposed to showing 1.000000) unless a partial lot had been forced to # pip decimal places for the pair. This is now consistent with lots display format for the position display in the OE.

Bug Fixed: Fixed the Today Cost Basis/Avg Price column captions which were wrong (particularly for restored layouts) when having multiple positions windows, some FX, some equity. Header caption should now be correct for the view's account type at all times.

Option Strategist

Improvement: Enhanced the ability to Roll an open option strategy order from the existing strike and expiration date on one strategy leg to a new strike and/or expiration date. You can right click to select the option strategy title or select one of the option strategy legs in the Positions window. If you select the option strategy title it will load the strategy in the Option Strategist and you can then select the option strategy leg you want to roll. If you select one of the option strategy legs from the positions window it will load the option strategy in the Option Strategist with that leg pre-selected and ready to roll.

Then in the Options Strategist the strategy is loaded with the action based on the leg you selected. You can then change the new strike or expiration date you want to roll to for the selected leg. This will close the order leg you did not change and open a new order leg based on the new strike price or expiration date you set, as shown in the following screenshot:

Bug Fixed: The Option Strategists showed the wrong description for the Long Iron Condor and Short Iron Condor. The titles of these two strategies within the Option Strategists window have been swapped.

 

What's New In MBT Desktop Pro, Build Buld 2.1.0.36 – February 24, 2012

 

New Features:

One Click Trading Order Entry

Improvement: Added the One Click Trading order entry window that is optimized for speed trading. This window allows for one click speed trading the basic order types of Market, Limit, and Stop orders. This is optimized to be used for Forex trading but can also be used for Equities and Futures. The One Click Trading window can be accessed from the main tool bar or from the main File->New menu as shown in the following screenshots.

You can open as many One Click Trading windows as you can fit on your screen and you can set different symbols in each window. The window uses the standard window linking tools available throughout the application. The One Click Trading window is shown in the following screen shot with each feature identified:

Symbol Selection/Entry – This section is where you can select the Forex symbol from a drop down or for Equities/Futures you can type in the symbol. You can set this to be a drop down list of Forex symbols by right clicking anywhere within the window and selecting the Preferences menu open to set this preference.

PIP Value/Tick Value – This shows the PIP Value/Lot for Forex symbols or the Tick value for Equities and Futures symbols.

Session High/Low Values – This displays the session High and Low values for the symbol.

Spread Value – This highlights the real-time spread value between the Bid/Ask Values.

Bid/Ask Values – This shows the real-time Bid and Ask values for the symbol. These areas will change colors based on whether you have an active long (Green on the Ask) or short (Red on the Bid) position or long or short open order.

Trade/Quantity Value – This section lets you set the Trade Quantity for the next trade.

Buy/Cover Button – This button will be the Buy button if you do not have an open short position and it will be the Cover button if you do.

Sell/Short Button – This button will be the Sell button if you do not have an open long positions and it will be the Sell button if you do.

Position Quantity @ Basis Price – This section displays the total quantity for all open positions on the symbol and at the Basis Price for all open positions.

The One Click Trading window has a variety of Preferences that you can set to control the function of the window. You can access the Preferences by Right Clicking anywhere in the window and select the Preferences menu item. The following Preferences window will be displayed.

Market Depth Ladder

Improvement: Added the Market Depth Ladder window. The Market Depth Ladder window displays the vertical market depth relative to the last traded price on both the Bid and Ask side of the market. The Market Depth Ladder provides a simple mouse click method of placing an order on the Bid or Ask Size column, where the order is for the order type and quantity set in the Order Entry panel. If the symbol has an open position then the quantity is set to the quantity of the position. If the order requires multiple order price parameters the order price legs can be selected and dragged to the desired price and then the order can be submitted by clicking the Submit order check box as shown in the following screen shot.

The Market Depth Ladder window provides the following key features:

  • The ability to quickly click any price level to enter an order based on the order type, quantity and other settings in the Order Entry panel.
  • Ability to drag and place the new Order Price parameter legs at the desired price levels for orders that have multiple price parameters, e.g. Stop Limit, Initial Trailing Stop, TTO or any Plus order. See Screen shot below.
  • Ability to drag and place the Open Order Price parameter legs at the desired price levels to change any changeable order. See Screen shot below.
  • Ability to quickly cancel an un-submitted order, open order or open position by clicking the red x box on the main order leg or by double clicking any order leg.
  • Ability to quickly center the Market Depth Ladder at the last price level by clicking the Center Last button in the Market Depth Ladder header, clicking the Price column header, or clicking the middle mouse button (if using a three function mouse).
  • Ability to quickly scroll to any price level using the vertical scroll bar on the right side of the Market Depth Ladder window.
  • Ability to quickly center the Market Depth Ladder at the basis price of any open positions by clicking on the Position column header.
  • Ability to re-size any of the columns in the Market Depth Ladder.
  • Ability to control the Font size/color and background colors of any aspect of the Market Depth Ladder window.
  • Ability zoom in and out based on the price levels to be able to display at a more or less granular price level.
  • Ability to turn on and off the order confirmation dialogues for new, changed and cancelled orders.
  • Ability to set a preference value of how far into the market depth to display on the Market Depth Ladder ladder. Same as in the Market Depth screen.

Ability to right click anywhere in the Market Depth Ladder window to allow any one of the following actions shown in the screen shot.

The following are the available preferences to control the display and behavior of the Market Depth Ladder window in the first screen shot and the second screen shot shows the color values that can be set:

Web Services API

Improvement: Added a new API that allows the Desktop Pro application to be run side by side with a third-party developer’s application. This is new API is based on open web-service standards. This allows for third-party developer flexibility. The third-party application can be developed to integrate on the Windows OS in any programming language of the developer’s choosing. The new API can be used as a server across a network so the third-party developer can develop their application on their OS of choice, such as Apple OSx or a variant of Linux. For more information on this new Web Services API, please go to the MBT SDK page of our website (http://sdk.mbtrading.com/api.asp) or send an email to [email protected].

General

Improvement: Added full support for Futures continuous contracts in all windows. Continuous Futures contract symbols have the format: “/??#0” – Where “??” is the Futures root symbol. Example: “/ES#0”. You cannot trade a continuous Futures symbol so there is an auto translation in the OE to the Futures front month. See the screen shot below. Notice how the symbol “/ES#0” is replaced by the future front month contract “/ESH2” in the OE panel.

Improvement: Added the Add and Remove buttons to all Toolbars. Previously it was only available for the main toolbar.

Charts

Improvement: Enhanced the ability to display, select and drag new order lines to submit buy or sell orders directly from the charts. Plus orders not yet supported. See the following screenshot:

Improvement: If a symbol has a position and an open order with similar prices, descriptions of these lines on the chart would overlap and were unreadable. We added new order, open order and position bubbles that auto reposition so that they are always, visible, readable and can be selected and dragged at all times, even when they are off the current chart area. See the following screenshot:

Bug Fixes: The following issues were fixed with the Order Entry and Open Order lines on Charts:

  1. For an Order Entry of a Trailing Stop, it displays the + and - Trailing Offset lines when the Symbol is naked with no position. This is now not the case when the symbol has an open position. If the symbol has a Long position then there is only one trailing stop line for the order and same for a short position.
  2. For an Order Entry of a Pegged order it now displays the Order Entry line like a Market order.
  3. In some cases, when you tried to right click on the Open Order line to get the Cancel/Change order menu it would not detect the line. It was too sensitive and you had to be right on the line to get it to bring up the menu. It is now easier to right click the Open Order lines.
  4. In some cases, when you right clicked the Open Order lines on the chart and click Cancel order, the Confirm box was blank but you could still submit the order. The confirm box now works correctly.
  5. The Order Entry lines for the TTO Upper Trigger and Lower Trigger were not showing on the chart. TTO new order entry and open order lines are now fully supported.
  6. If you would change from the TTO template to another order template the new Order line would not display until you changed the order type. It now displays when you change the order template.
  7. The Order Entry and Open Order lines for the Initial Trailing Stop order were not available on the chart. The Initial Trailing Stop new order entry and open order lines are now fully supported.

Improvement: Added the ability to select and drag open order lines to change the price values of the order parameters and submit the changed order directly from the charts. Plus orders not yet supported. See the following screen shot:

Improvement: Added the ability to cancel an open order or close an open position by selecting any order leg and clicking the x box or by double clicking any order leg bubble directly from the chart. Right clicking the order bubble or order line will display the same options from the right click menu.

Improvement: Enhanced the Pivot Points study with the following changes:

  1. Combined the "Pivot Points" and "Daily Pivots" studies into one study with comparable settings.
  2. Removed the half increment values (R0.5, R1.5, R2.5, S0.5, S1.5, S2.5).
  3. The default settings now have the following checked - Pivot, R1, R2, S1, S2.
  4. Added a dropdown in the study settings to select between Daily, Weekly and Monthly Pivots.
  5. Added a drop down in the study settings to set the number of intervals to display on the screen from 1-4 or the full screen. This allows you to draws the Pivot lines for the latest interval or more.
  6. Added a checkbox to in the study settings to "Show Labels", which labels each line with its name.
  7. Removed the checkbox "New Drawing Mode". It was for development only.

The Pivot Point study settings provide the following options:

Improvement: Added a new wCCIEx study to enable all available study parameters to allow for more control in setting the values for the study.

Improvement: Added a ruler drawing tool to measure the number of intervals and the price movements on a chart. You can simply click and drag the ruler tool to draw a line segment from one price point to another on the chart and it displays number of time intervals on the X axis and the price difference on the Y axis, as shown in the following screen shot.

You can right click on the line segment to change the color, line type and thickness of the line segment.

Bug Fix: Fixed problems saving certain drawing tool settings:

  1. Fibonacci Extension level lines could not display price values. The preference page says they should. This has been enabled.
  2. There is a "Make Default" button on the preference page of five drawing tools: Retracement, Fibonacci Extension, Fibonacci Arcs, Fibonacci Time and Gann Fan. The pages can be used either to change a selected drawing tool instance or to set the defaults for new instances. When used for defaults, the button is now removed, as the OK button serves that purpose. The "Make Default" button, when used for a selected drawing tool instance, saves any changes also. Thus the button name is changed to "Save Change and Make Default".

Bug Fix: The 60, 120and 180 minute interval settings on the charts started on the wrong minute boundary. For Equities, they should start at 930AM EST, at market open, but they were starting at 9AM EST or 11AM EST. This was occurring for both the Main session and All sessions settings. The equities market opens at 9:30AM EST, so the bars should start on the half hour boundary. This has been corrected to start at market open, 9:30AM EST.

Bug Fix: The CCI Study time length was incorrect and would not work correct. You could set the value to any value and it would not change the indicator line. The time length value now works when the value is set.

Bug Fix: The Main Session/All Sessions Chart session setting was not persisted consistently between the Main application Session setting and the individual Chart Session setting. Now when a chart window is selected or the Session setting is changed in any Chart window the Main application session setting updates to that of the Chart. This will keep the Session setting consistent between the Main application Session setting and the individual charts.

Bug Fix: The wCCI chart study would work correctly when you applied the defaults for the study. If you selected the study and right clicked to change the study preferences, some of the preferences had no effect on the display of the study, e.g. the CCI Length, the Turbo CCI Length, the MA Type, etc. The wCCI study settings have now been modified to only enable the study parameters that are applicable to this version of the study. See the wCCIEx version of the study added as an improvement.

Order Entry

Improvement: Added the ability to easily set order quantity on the Order Entry window by selecting the percentage of available equity. When you left mouse click on the Buying Power field on the OE a slider is displayed that allows you to select the percentage of equity for the active account. The OE quantity will compute based on the slider position and the scale set in the slider. This is allowed for trading of all asset types.

To support the selection of percentage of equity from the slider, the ability to set multiple slider scales by asset is available in the OE preferences tab for each asset. This preference gives you the ability to define the percentage of equity scale by setting up to five slider values. The default values are 1, 3, 5, 10 and 15%. A drop down is available to select any number of slider scales that can be defined by you.

To define a new percentage of equity slider scale or to change the default scale, in the OE preferences screen for each asset you can select the Edit button. This opens the following screen which allows you to edit and manage multiple slider scales. Each scale can be assigned up to five increasing values.

Improvement: Added predefined Hot Key combinations to set the order type in the Order Entry window. This allows for quick order selection on various windows such as the Market Depth, trading from the Charts, and the new Market Depth Ladder window. The available order type Hot Keys are shown in the following screen shots:

Additional OE Hot Keys are:

Ctrl+] - Go to the next Order type in the Order type Menu

Ctrl+[ - Go to the previous Order type in the Order type Menu

Bug Fix: When the PLUS order entry template was selected (in any window) and the Stop Limit+TTO order type was selected, you could not type in the stop/limit prices. This has been corrected.

Bug Fix: When entering a Limit+TTO with a Trail price, the Trail price was not being applied to the order. This has been corrected.

Bug Fix: In the Order Entry preferences, the increment on the Trailing stop offset prefill Amount spin box was sometimes wrong when set Trailing Stop offset prefill and TTO prefill were set to different values. They now work independently.

Bug Fix: The Order Entry Preferences for Forex symbols would allow spinner increments for Ctrl+arrow and Alt+arrow to 2 decimal places. This would allow for prices at n/100ths of a pip, which are not allowed. The spinner increments now only allow one decimal place.

Orderbook

Improvement: Added a groupId column for MAT Grouped orders to the Orderbook and to the Open Orders.

Improvement: In the Orderbook, only the most recent RemoteID would display. It now displays the RemoteID for the "Suspended" events in the Orderbook, since a new one is received after every order resume.

Bug Fix: In the Orderbook Preferences, when you selected to view only certain messages in the Orderbook, e.g. Cancels or Rejects, etc., then click on Finish. No changes would occur, all messages were shown. These filter settings are now working correctly.

Bug Fix: In the Orderbook, the Pct. Pip P&L would almost always show zero. For very small Pip P&L values this will be the case, but for large values it now displays a valid value.

Bug Fix: In the Orderbook, for Forex symbols, the Net P&L calculation was incorrect on Demo accounts.

Positions Window

Bug Fixed: The open P&L is correctly calculated on all futures contracts.

Big Fixed: The correct cost basis for FX positions is calculated and subpips displayed correctly for all symbols.

Big Fixed: If you executed a Long Strangle strategy, the positions window would display it as Long Straddle. The trade would execute correctly, just the naming was incorrect.

Open Orders

Bug Fixed: The option to group the Open Orders and Orderbook windows by Account or Symbol selection did not work. Clicking on the Symbols in these windows would not change the symbols in other windows. This is now working for all windows.

FX Board

Improvement: Added a distinctive, brighter highlighted box around the selected pair on the FX Board to make it more visible.

Option Chains

Bug Fix: In the Option Chains window, Quarterly Options were not displaying correctly. They now display as "Qrtly".

Option Strategist

Improvement: Added the ability to Roll an open option strategy order from the existing strike and expiration date on one strategy leg to a new strike and/or expiration date. What this enables you to do is close one of the strategy legs of an open option strategy order and replace it with a new leg in one order. This is done by right clicking the open option strategy in the positions window and selecting the Roll menu item as shown in the following screenshot.

Then in the Options Strategist the strategy is loaded with the action to Roll the strategy. You change the order leg for the option you want to keep to the new strike or expiration date you want to roll to. This will close the order leg you did not change and open a new order leg based on the new strike price or expiration date you set.

Bug Fixed: If you placed a Protective Put through the Option Strategist, the order would be rejected for reason: Not a valid options strategy or not permed. This is now allowed.

Bug Fixed: The Options Strategist was not able to pull options chain data for BRK.B. The Options Strategist can now support any symbols with special characters, such as BRK.B, $SPX, etc.

Bug Fix: In the Options Strategist you could not submit a Covered Put strategy directly but you could leg into it through the Order Entry panel by shorting the stock first and then submitting the Put option. This is now allowed directly in the Options Strategist.

Bug Fixed: In the Options Strategist, if you changed the Ratio values of each order leg to be different, e.g. 1:2 or 1:4 the options strategy order would go into a "Suspended" state because the price for the strategy legs were multiplied by the ratio value, which was incorrect. The order legs were rejected by the market. This is now corrected so long as the trade server can support the ratio settings entered.

Bug Fixed: The Options Strategist would crash with a "run-time error 0" if the Date-time option for the Windows OS was set to some local other than English. This now can be set to any language date-time format.

Watchlist

Bug Fixed: When using the Watchlist window, if it has the scrollbar up/down to see all the symbols, rearranging the order of the symbols using drag and drop did not work.

Quote Sheet

Bug Fixed: If you used any symbol with special characters (e.g. $SPX, /ESH2, EUR/USD) you would have issues when using the symbol in a formula in the Quote Sheet. These symbols are now fully supported in the Quote Sheet formula builder.

MAT

Improvement: Added the ability to override Open/Add based on the Quantity where the user defines the Quantity of the order for all in the Group. If the user defined Quantity exceeds the available buying power of a sub-account then the sub-account’s quantity flips to 0 for that order.

Bug Fixed: In the MAT window, sometimes the "Change Group Orders..." option was grayed out and unavailable. It is now available when appropriate.

Bug Fixed: In the MAT window, in some cases you could not add closing orders. If you were in a Position on a symbol and then you tried to enter any sell order (market/limit/TTO, etc.) and switch from Buy to Sell, the only option was to Short and would give an error that an invalid item is active.

Baskets

Improvement: Added the ability to right click and set the quantity for all items in the basket, if the Weight setting is set to Auto Off.

Improvement: After the Submit button is hit, the confirmation box now lists the securities in the same order as they are listed in the Basket to make it easier to double check the basket order.

Improvement: Added the ability to set the order type for all active items in the basket.

Bug Fix: In the Baskets trading window, if you uncheck the Active box on the left all the data disappears. If you reactivate the same item it preserves the values.

Market Depth

Improvement: Added percent change to the top section of the Market Depth window and reorganized the data values to be more readable in the following order:

Bug Fixed: In the Market Depth data header, when the open is the same as the close the Change was blank and it is now 0.00.

Alerts

Bug Fix: Alerts with the AutoReset setting set to unchecked would get triggered repeatedly when moving the Order Entry lines in Charts. This no longer happens.

Market Profile

Improvement: In the Market Profile window, sometimes no data is displayed when lower minute intervals are selected. When lower minute intervals are selected, especially for FOREX and FUTURES, there are so many trades within a tight price range that there is typically not enough room in the Market Profile window horizontally to display it. The user must increase the size of the window horizontally large enough to display all the data, this can be 2-3 monitors wide, or use a higher minute interval. We have added a message on the window to inform you what is wrong and how to fix it.

 

What's New In MBT Desktop Pro, Build 2.0.0.60 – December 9, 2011

 

Order Entry

Bug Fixed: When the Initial Trailing Stop Amt. in the Order Entry Preferences is updated, when returning to Order Entry, the "ITS +" field would not get updated unless this field is right clicked on or the symbol is changed (by clicking on another symbol in Positions window, for example).

Bug Fixed: In some cases, the time triggered orders were allowing invalid date/time values to be sent to the trade server. In these cases the date/time is not valid and the entire order fails on attempt to insert into the trade database. This fix prevents the invalid date/time from being sent to the trade server.

Account Balances

Bug Fixed: The Account Balances screen was not calculating the “Total Net” value correctly. The balance screen was subtracting commission credits instead of adding them for the "Total Net" value. The "Total Net" value should be [Total P&L] + [Net Commissions].

Charts

Bug Fixed: Fixed the CCI study interval preference. The interval length had been hard-coded to 14; user-entered lengths were ignored. This was changed to accept the user entered study length, instead of 14, into the CCI study.

Bug Fixed: Fixed the WCci study (Woodies' CCI clone). A memory leak was fixed that could exhaust memory and bring down Desktop Pro if left running overnight.

Bug Fixed: Fixed the Level II view so that the contents of the symbol edit box become selected when the view or its top most pane gets focus.

Bug Fixed: Fixed Charts, so that the default colors in an installation without a default.chart file are appropriate to a light-themed workspace, not a dark-themed workspace.

Options Chain

Bug Fixed: No Strike prices in the Options Chain for the symbol $VIX.

Options Strategist

Bug Fixed: The default account was not being loaded in the Options Strategist.

Bug Fixed: When selecting a new account, the Options Strategist container caption did not reflect it.

Bug Fixed: The Options Strategist would crash if you right-clicked "Select Account" and then hit Esc.

MAT

Bug Fixed: When trading FX accounts in the MAT Tool, the allocated amounts would allow for fractional micro lots, e.g. 0.26, to be calculated. This would result in the order being rejected with the error "order must be in increments of 1000". The MAT Tool will now allocate the lot values so that no less than a micro lot is entered, and not allow any fractional micro lots.

 

 

What's New In MBT Desktop Pro, Build 2.0.0.50 – July 20, 2011

General/Installation

Improvement: Upon startup of the Desktop platform it will automatically check for any available release updates and it will prompt you to update to the newest version, if available. In some cases you may be forced to upgrade but in most cases you will have the option to install the upgrade or to skip it. You also can also use the menu item Help > Check for Newer Version, which will check for any available version. This will be used in the case that there may be a silent version (one which does not prompt you) available.

The General Preferences has a checkbox to always download updates.

Bug Fixed: Platform no longer crashes upon loading certain workspace files.

Bug Fixed: Workspaces now remember last account viewed.

Bug Fixed: New windows now open to the same account as the other windows.

Bug Fixed: New windows are now “on top” by default. To change this setting for an individual window, click in the upper left corner of the window on its icon and un-check “Always on Top”. You can also change this default setting by clicking Tools, then un-checking “New Windows On Top”.

Charts

Improvement: Added CCI study to replace the plugin.

Improvement: Holding down the shift key dragging the divider of a study pane will automatically make all study panes the same size.

Improvement: Added new snapshot field: TradeIncrement, which communicates the minimum traded price increment.

Improvement: Added ability to drag the Open Order lines to change the price of the open order.

Improvement: Added new way to control Auto Cycle speed for Symbol/Interval Bar.

To use this feature, right click on the chart and select “Symbol/Interval Bar”.

This will add the Symbol/Interval bar to the bottom of the chart.

Add the current Symbol and Interval by clicking the and buttons. To add more Symbols and Intervals, change the Symbol/Interval of the chart and press the buttons again. Here is what is will look like once you have added a few Symbols and Intervals:

Now you can easily switch the Symbol/Interval of the chart by clicking on these tabs.

To use the Auto Cycle feature, right click on the Symbol/Interval bar and select properties. Select from the available Auto Cycle options (By Symbol, By Symbol By Interval, By Interval, By Interval By Symbol). Next, use the slide bar to adjust the rate at which it will automatically cycle through the Symbols/Intervals. Click OK.

Improvement: Tick charts no longer have a limit to the number of ticks shown. Below is an example of a 512 tick chart with backfill data.

Improvement: Candlestick/Bar width now goes down to 1 pixel.

Improvement: Added Heikin-Ashi chart type.

Heikin-Ashi is a type of candlestick chart that uses a modified formula instead of the traditional open/high/low/close. The formula used for Heikin-Ashi is the following:

  • Close = (Open+High+Low+Close)/4
  • Open = [Open (previous bar) + Close (previous bar)]/2
  • High = Max (High,Open,Close)
  • Low = Min (Low,Open, Close)

The purpose of the Heikin-Ashi chart is to identify the price trend. Candles with no lower shadows occur during a strong uptrend. Candles with no upper shadow occur during a strong downtrend.

Improvement: Added middle line indicator to all hi-low band studies, which can be displayed and its settings controlled in the studies settings panel as shown in the following CCI settings window:

Improvement: Added Symbol/Interval Expression Bar to Chart, which can be toggled on/off in the following right click context menu (on by default):

Improvement: Added “Change” and “ChangePct” fields to snapshot window.

Improvement: Added new moving average studies.

Improvement: Added ability to display price for horizontal lines on either the right or left side. Below is an example of the price displayed on the left side:

To display the price on the right side, right click on the horizontal line and select Preferences. The bottom of the Preferences window has the option to display the text on the Left or Right.

Here is an example of the price displayed on the right side:

Improvement: Open Order and Position line – added ability to show or not show the text and to display the text on the left or right side. Below is an example of the Position line text displayed on the left side:

To change these settings, right click on the Open Order or Position line and select Preferences. There is a check box to Show Text Line and there are radio buttons to display on the left or right. Here is an example of the Text turned off:

Here is an example of the text displayed on the right:

Improvement: Added a new Study WCCI, aka Woodies CCI. This study has the following properties:

  • Two CCI lines
  • Color coded least-square-moving-average "zero line"
  • Color-coded CCI histogram
  • Two color-coded "Sidewinder" lines
  • Two color-coded "ChopZone" lines

Improvement: Plugins can now be selected by left-click and edited by right-click. Plugin data now appears in cursor window. Plugin performance has also been improved.

Improvement: Volume bars are now colored based on the price action. If price closed higher than it opened, volume bar is given “up” color and vice versa.

Bug Fixed: Symbol/Interval Bar Auto Cycle feature no longer gets stuck at last symbol or interval, it now repeats the cycle.

Bug Fixed: Removed unnecessary candles from chart (ie. $SPX, 30 min chart, removed candles for 16:00:00 and 16:30:00 EST).

Bug Fixed: Right clicking on TRIX study > Add Alert no longer gets error message.

Bug Fixed: Chart no longer gets corrupted with duplicate candlesticks when run through market open.

Bug Fixed: No longer have to click in Symbol field to change symbol of chart. As long as chart window is selected, typing a symbol and hitting enter will change the symbol of the chart.

Bug Fixed: Order lines on chart can now be edited by right clicking.

Bug Fixed: Right clicking on the Symbol/Interval Bar, selecting Properties, then setting to “Remember Style Based on Symbol” no longer produces error message when click on tabs.

Bug Fixed: Position line on chart no longer disappears overnight.

Bug Fixed: Platform no longer lags due to large number of chart studies.

Bug Fixed: Chart no longer shows last date of month twice on X-axis.

Bug Fixed: Daily chart no longer shows duplicate candles.

Bug Fixed: Export Chart as Image now works properly.

Bug Fixed: Having multiple charts with multiple studies no longer causes them to become non-responsive.

Bug Fixed: Changing the preferences of a study no longer moves/offsets the study to the right.

Bug Fixed: Tick and Second intervals no longer show incorrect X-axis values.

Trade-Ideas

Bug Fixed: Configure window is now readable.

Quote Sheet

Improvement: Added “Change” and “ChangePct” columns to Quote Sheet.

Improvement: Added new Quote Sheet field: TradeIncrement (minimum traded price increment).

Bug Fixed: Point-n-Figure properties now has 5 decimal digits for Box Size and Reversal Amount.

Order Entry

Improvement: Added two new order types – Market-if-Touched (MIT) and Limit-if-Touched (LIT).

A Market-if-Touched (MIT) order is an order to buy (or sell) a contract below (or above) the market. The MIT order is held in the system until the trigger price is touched. When the trigger price is touched the order is submitted as a market order.

A Limit-if-Touched (LIT) order is similar to a stop order, except that an MIT sell order is placed above the current market price, and a stop sell order is placed below.

Improvement: Preferences for TTO orders now apply to all Stop related orders.

Improvement: You can now toggle the Unit to Use for Stop and Limit Values between Price and Currency (for Stocks, Futures, and Options) and Price, Currency, and Pips (for FOREX). Right click in the Order Entry and select Preferences. You will see this feature in the upper left corner.

In the below example, a Stop Market order would be placed $0.50 above the market price. If you wanted the order to be placed $0.50 below the market, you would enter a value of -0.50.

Here is an example of a Limit order that will be placed 5 pips above the market.

Improvement: New Order Type – Order Triggers All or Other (OTA)

Example:

Place Limit order to buy 100 YHOO @ $15.00 (below market)

Order is displayed in Open Orders window

Change limit price to $10.00

Select Trigger By… from the Trigger Action dropdown menu

You will see the Trigger Order By window

Select the desired order and click OK.

You will get a confirmation of the order being placed. Click OK.

The 2nd order will be suspended until the 1st order is triggered.

There is no limit to the number of orders that can be included in a triggered order group or the number of orders that can be chained in a triggered order sequence.

If you right click in the open orders window you will see the option to display the triggered orders indented in the sequence of the triggered order chains.

Improvement: New Order Type – Order Cancels All (OCA)

Example:

Buy 100 YHOO @ market

Select Stop Market order type, qty 10, stop price less than market

Select New OCA Group (Grp) from the Trigger Action dropdown menu

Desktop Pro You will see a Group ID displayed to the right

Desktop Pro

Select Cancel By OCA… from the Trigger Action dropdown menu

Desktop Pro

This will bring up the Cancel Group IDs window

Desktop Pro

Select the desired Group ID and click OK

You will get a confirmation of the order being placed. Click OK.

Select Market-if-Touched order type, qty 10, stop price greater than market

Select Cancel by OCA from the Trigger Action dropdown menu

Select the same Group ID as before and click OK

You will get a confirmation of the order being placed. Click OK.

The Open Orders window will have both of these orders displayed.

When either one of these orders fills first the other order will be cancelled. There is no limit to the number of orders that can be added to an OCA Group.

Improvement: Several enhancements were made to the Order Entry screen to make it faster for clients to be able to set and enter limit orders (especially to FOREX clients).

By moving one price (stop) you won't have to touch the other price based on the desired differential preference setting and one click of a box depending on if the trade will be long or short.

In the Preferences screen, you use the "Use Stop Limit Offset" checkbox for Stop Limit Field syncing, if it is unchecked (off), you control the fields separately, if checked (on), they move as noted above.

In the Preferences screen, you use the “Offset Pips" setting, to set to x pips, which will be the difference between the Stop and Limit either up or down.

This setting will also work in cents for Equities and Options and ticks for futures.

For a Stop Limit order the Stop field is now in front of (to the left) the Limit field. This allows you to focus on the stop price first (what triggers the trade), then the limit beyond.

If the Stop Limit field syncing is turned on in preferences, a rectangular box to the right of the Type: Stop Limit box will be displayed as shown in the following screen shot.

If the box is green, the Limit jumps to x.xx (pips, ticks, or price depending on asset class) above the Stop based on x set in the Preferences “Use Stop Limit Offset”.

If the box is red, the Limit jumps to x.xx (pips, ticks, or price depending on asset class) below the Stop based on x set in the Preferences “Use Stop Limit Offset”.

If you click the up/down arrows or scroll up/down to change the Stop price, the Limit should move in sync.

If you click the up/down arrows or scrolls up/down to change the Limit price, the Stop should NOT move. You can in this way extend the Stop Limit offset.

If you right click on the box, a selection menu opens that allows you to scroll through numbers to select the Stop Limit Offset.

Improvement: New Order Type “Initial Trailing Stop”. See the following screen shot:

For a Buy order, the Initial price should be greater than (>) the current market price (though not required...but if not, the order will trigger immediately, much like a regular Buy Stop where the price is less than or equal to the market price). The Final stop must be less than (<) the Initial stop. This is required because as the asset drops in price, the stop price will continue downward until it hits the Final price, at which point it will no longer trail lower.

For a Sell order, the Initial price should be less than (<) the current market price (again, not required, with same caveat as for a Buy order). The Final stop must be greater than (>) the Initial stop. As the asset price increases the stop will tick up until hitting the Final, and then likewise no longer trail higher.

Improvement: TTO Trailing Offset option is now available for closing long and short positions.

Improvement: You can now set the default Trailing Stop with subpip values (ie. 1.5 pips).

Bug Fixed: Conditional orders no longer get rejected if same symbol.

Bug Fixed: TTO upper and lower trigger are now derived from the bid when long and from the ask when short.

Bug Fixed: Pop up window for “Trigger By” is now sized to fit all info.

Bug Fixed: When changing a TTO order, the upper and lower triggers no longer get switched.

Orderbook

Improvement: “Date/Time” column has been changed to “Date” to be used in tandem with “Time EST” or “Time UTC”.

Improvement: Added new column “Order Type”.

Positions Window

Improvement: Added Basis Market Value column.

Improvement: Added Commission column summary footer.

Improvement: Positions window now displays Greeks for options.

Improvement: Double clicking on a position now brings up the order entry so you can place an order.

Bug Fixed: Cancel and Close All Positions now cancels all open orders as it should.

Bug Fixed: Confirmation window for “Cancel and Close All Positions” no longer shows duplicate symbols.

Bug Fixed: “Cancel and Close All Positions” no longer tries to close positions that are in linked accounts.

Bug Fixed: “Cancel and Close All Positions” now closes option strategies and option open orders.

Bug Fixed: Now clears positions upon reconnect of tradeserver. No longer results in duplicate option strategies.

Open Orders

Improvement: “Date/Time” column has been changed to “Date” to be used in tandem with “Time EST” or “Time UTC”.

Improvement: Added a menu option to show the Triggered Order Chains in the right click context menu.

Bug Fixed: When cancelling an Initial Trailing Stop order, the order price has been removed from the Cancel Dialog.

Bug Fixed: Confirmation window when changing a TTO order now displays correct information.

Bug Fixed: Confirmation window for changing a Trailing Stop order now displays correct information.

Balances

Improvement: Commission is now displayed in Red/Green to reflect credits and charges.ositions upon reconnect of tradeserver. No longer results in duplicate option strategies.

Improvement: When resizing window, information automatically rearranges to fit window.

Option Chain

Improvement: Now has Time Trigger order.

Improvement: Option Chain now displays Greeks for all options.

Bug Fixed: First several Option symbols are no longer missing.

Bug Fixed: Opening second Option Chain window no longer causes platform to crash.

Option Strategist

Improvement: Directly editing the Strike in either grid shows rising prices toward the top and lowering prices toward the bottom (at the top are ITM for Puts and OTM for Calls, and at the bottom are OTM for Puts and ITM for Calls).

Improvement: Now has Time Trigger order.

Improvement: Added decimal places setting for display of ThVal, IV and Greeks. Right click > Display and Format. Accepts values of 0 – 6.

Improvement: Removed items from the Option Strategist to make it more readable and usable.

Items removed:

“True signed percent profit" CheckBox

"Calc: Position worth | Profit/Loss" ComboBox

2D & 3D charts and the menu bar at the top, which was solely dedicated to these charts.

Improved the pop-up dialog "Duplicate legs cannot be submitted". Now it is a dismissible dialog that pops-up when Submit is pressed.

Bug Fixed: Sell orders to open or close are no longer displayed as negative price value.

Bug Fixed: Call & Put Calendar Spread now uses same strike.

Bug Fixed: Changing the Expiration no longer gets a Runtime Error.

Bug Fixed: Strategy params grid Strike Price is now synced to Selected Items grid.

Bug Fixed: When window grouping is set to Acct,Sym clicking on various symbols in Watchlist now changes symbol in Option Strategist including underlier field.

Bug Fixed: Changing the Calc: dropdown value no longer resets the Expiries for the selected strategy legs.

Bug Fixed: Changing the strike price of added legs no longer resets the Expiry of the original legs.

Bug Fixed: Right clicking and selecting “Strikes Higher” no longer gives error message.

Workspace Plugins

Improvement: New Market Profile with major new features.

Market Profile is a tool for organizing time and price data. It graphically represents how volume builds at various prices over time. When most trades occur within a narrow range of prices, the market is in balance. When price trades outside of the value area, it will either trade back into the value area if the trend is weak or break out of the value area if the trend is strong. If it breaks out, it will eventually form a new region of balance.

To use this feature, click the icon in the toolbar.

The Market Profile window will look like the following:

Right clicking on the Market Profile window will give you the following options:

Selecting Properties will bring up this window, which allows you to control what is shown in the Market Profile and the colors/fonts that are used:

Please refer to the Desktop Pro documentation for Market Profile for more in depth information on how to use it and how to the properties can be used to control the interface.

Improvement: Added Order Entry to all workspace plugins. To add the Order Entry, right click in the plugin window and select Show Order Entry. Below is an example of the 3 Point Break plugin with the Order Entry:

Bug Fixed: Point-n-Figure properties now has 5 decimal digits for Box Size and Reversal Amount.

Watchlist

Improvement: Watchlist now displays Greeks for options.

Bug Fixed: “Time” column changed to “Time Last Quote”.

Bug Fixed: Now able to drag any column to the 2nd position.

MAT

Bug Fixed: Summary footer for BP and EE now takes into account exchange rates when dealing with accounts of currencies other than USD.

Baskets

Bug Fixed: When selecting “Open Basket”, baskets after the 10th listed are no longer greyed out.

Market Depth

Improvement: Changes have been made to each Market Depth filter to better control the flow of the Market Depth participants in the window.

Improvement: Added the availability of the new Totalview datafeed. This must be subscribed to as an additional datafeed entitlement. This will provide a “Total” view of all Market Depth participants.

To access these filters, right click in the Market Depth

The filters available for Equities: Regionals, Level II, TotalView, ARCA book

The Filter available for Futures, Canadian, and FOREX: Market Participants

The Filter available for Options: Regionals

Below are what you will see for each filter in the Market Depth

Regionals:

Level II:

Totalview:

ARCA book:

 

 

What's New In MBT Desktop Pro, Build 1.2.0.20 – January 20, 2011

General/Installation

Improvement: MBT Navigator Pro has been rebranded as MBT Desktop Pro.

Bug Fixed: MBT Desktop Pro now opens with the correct workspace depending on which was selected during installation.

Bug Fixed: Fixed alignment of the General Preferences window.

Bug Fixed: View > Market Clock no longer has a checkmark next to it upon startup of MBT Desktop Pro even though the Market Clock is not open.

Bug Fixed: Account no longer changes when dock/un-dock windows.

Bug Fixed: When opening various windows, they now all open to the same account.

Bug Fixed: Un-docked windows now show window titles.

Bug Fixed: Account Alias is now visible in title bar of all windows.

Toolbars

Improvement: New toolbar options under the view menu.

Show Toolbar Text:

Alerts

Bug Fixed: Simple Alerts window no longer shows false triggered alerts upon startup of MBT Desktop Pro.

Bug Fixed: Now can click anywhere in the Simple Alerts window, whereas before the bottom half of the window could not be clicked on.

Charts

Improvement: Charts now have tick intervals.

Improvement: Added new preferences for the Volume study.

  • Ability to adjust Volume thickness
  • Ability to add up to 2 moving averages on the Volume

Improvement: Added Color and Time Templates to charts.

The following is the result of the settings above:

Bug Fixed: Daily interval now ticks real-time.

Bug Fixed: Envelopes study now works.

Bug Fixed: Keltner Channels Extended study now works.

Bug Fixed: Triple-Smoothed Exponential Average (TRIX) study now works.

Bug Fixed: Right click > Chart Styles > Load Style now works.

Bug Fixed: Right click > Chart Styles > Save Style now works.

Bug Fixed: Right click > Chart Styles > Set as Default Style now works.

Bug Fixed: Right click > Chart Files > Load Chart File now works.

Bug Fixed: It now only takes one right-click to bring up the chart right-click menu.

Bug Fixed: MBT Desktop Pro no longer crashes when repeatedly change interval.

Bug Fixed: Chart no longer has multiple identical entries on the X-axis when using tick intervals.

Bug Fixed: MBT Desktop Pro no longer lags due to multiple studies on the chart.

Formulas

Improvement: Added BarTimeHhmmss and BarTimeSecs to the field dropdown menu.

Trade-Ideas

Bug Fixed: Switching Trade-Ideas window from un-docked to docked no longer gets Debug pop-up window.

Quote Sheet

Improvement: Chart plugin now available as a Quote Sheet column

  • Open new Quote Sheet
  • Add Symbols
  • Right click > Plugins > Chart

To change the interval and other settings of the chart:

  • Right click in Chart column > Column > Column Properties
  • Make the desired changes

To adjust the width of the Chart column:

  • Place cursor on right edge of Chart column header
  • Left click, hold, and drag to the right until the desired width is reached

To adjust the height of the Chart column:

  • Right click > Grids > Lock Row Height (this needs to be un-checked in order to adjust the row height)
  • Place cursor on lower edge of desired row, left click, hold and drag down until the desired height is reached

Bug Fixed: Bid Size and Ask Size columns now display proper data.

Order Entry

Bug Fixed: Platform now will not allow placement of additional trades if an order confirmation window is open.

Option Strategist

Bug Fixed: Option Strategist no longer freezes when right click in the Selected Items panel.

 

 

What's New In MBT Desktop Pro, Build 1.1.0.14 – August 30, 2010

Included in this release of MBT Desktop Pro are all the improvements and fixes for MBT Desktop 11.6.0.1. The following are the additional improvements and fixes specific to Desktop Pro 1.1.0.7:

General Changes

Bug Fixed: Fixed all open windows when maximized to show the correct window title.

Bug Fixed: Fixed an issue where the Tools menu entry for “Format of Numbers in Charts and Quote Sheets” was restored because it had been removed.

Bug Fixed: Fixed an issue where the menus would open slowly when using certain workspaces and the application would lockup after loading large workspaces repeatedly.

Bug Fixed: Fixed the file menu width to be consistent and not grow beyond the window boundaries when a long file path is displayed. The entire file path can be displayed by hovering over the menu entry. See the picture below for an example:

 

Bug Fixed: Fixed an issue where in many different windows the values for the $VIX Net and NetPct were not correct.

Bug Fixed: Fixed an issue where if you Maximized a docked window and then attempted to minimize/restore/close the window from the non-client area of the window frame the window would disappear or do nothing and the only way to close/minimize the window is from the window drop down menu.

Trade Ideas Stock Market Scanner (New Feature)

Improvement: The Trade Ideas Stock Market real-time scanner has been integrated as a directly accessible component in Desktop Pro and is accessed through the Trade Ideas icon as shown in the following screen shot.

 

The following is a screen shot of the Trade Ideas window.

 

The best places to provide you with the information you will need to learn to be successful using the Trade Ideas scanner can be found at the following locations:

Symbol Info Window (New Feature)

Improvement: The Symbol Info window was added as a new feature. The Symbol Info Window provides the following info:

  1. A real-time snapshot of data for the symbol
  2. Any available news for that symbol
  3. A small pressure chart graphic for the symbol
  4. Analyst and Financial Highlights for that symbol

To access the Symbol Info page click the “Symbol Info” icon on the main tool bar or right click on the chart window and the “Symbol Info” context menu entry is available to display the Symbol Info Window for that symbol. See the picture below for an example of the Symbol Info Window:

 

Time and Sales Window

Bug Fixed: Fixed an issue where the Time and Sales window properties did not save and restore correctly under certain circumstances.

Chart Window

Improvement: Renamed the Styles option for the Charts to “Chart Styles” to be clearer.

Improvement: Added the ability to right click the mouse on a line annotation and select “Copy – Parallel” in the context menu and copy it to produce a parallel line.

Improvement: Added the option in the right click context menu in any chart to show or not show trade position/open order lines on the chart.

Improvement: Enhanced the line annotation tools to include single click horizontal and vertical extended lines.

Improvement: Added the ability in the right click context menu Line Preferences to turn on the current price for a horizontal line and the current date/time for a vertical line. Also, added the preference for horizontal and vertical lines on the chart to have the option to "Display Text" which will allow you to enter any test you want to dispay on the line towards the end of the first selected point on the line.

Improvement: Added new chart navigation arrows on the chart footer. See the picture below for an example:

 

Improvement: Added the following new annotations to the chart annotation tool bar:

The Gann Fan Annotation:

 

The Fibonacci Arcs Annotation:

 

The Fibonacci Timeline Annotation:

 

Improvement: Added an interval timer on the chart to display the remaining time for the last bar in the interval displayed currently in the chart. See the red callout in the picture below for an example:

 

Improvement: Added the ability to save chart files locally in addition to the current ability to save them to the MB servers. See the picture below for an example of saving a chart locally and how to open a local chart:

 

 

 

Bug Fixed: The ROC study was fixed to have zero line and +10 and -10. It had the incorrect y-axis scale.

Bug Fixed: Fixed the Linear Regression chart plugin because it crossed over to other studies/chart/plugins when adjusting the vertical scale.

Bug Fixed: Fixed an issue where newly listed symbols would not display correctly in a day interval chart.

Bug Fixed: Fixed an issue where the Fibonacci retracement annotations were being duplicated each time the application was restarted.

Bug Fixed: Fixed an issue where a click on the “Other” tab in the Line Preferences window would cause the application to crash.

Bug Fixed: Fixed an issue when you add an EMA on a symbol daily chart that has IPO’ed in the past year, the EMA did not plot correctly.

Bug Fixed: Fixed an issue where any FX pair would not update the Volume after the chart was opened.

Bug Fixed: Fixed an issue where the chart intervals did not reflect custom values such as 8, 14, 75 or 90 minutes correctly.

Watchlist Window

Bug Fixed: Fixed an issue where the “Rename” Watchlist function did not work.

Option Strategist Window

Bug Fixed: Fixed an in issue in the Option Strategist view where a strategy could not be selected.

Web Browser Window

Bug Fixed: Fixed an issue in the web browser window where it cuts off the top line of every web page.

Bug Fixed: Fixed an issue where a new browser window was not being opened outside the Main program window.

 

 

What's New In MBT Desktop Pro, Build 63 - June 10, 2010

Included in this release of MBT Desktop Pro are all the improvements and fixes for MBT Desktop 11.6. The following are the additional improvements and fixes specific to Desktop Pro 1.0.0.63:

Time and Sales Window

Improvement: Enable the Time and Sales window to work with the tick series, as well as enabled coloration of ticks per tick attributes and optional filtering of the tick series.

Order Entry Window

Improvement: Added the ability to set Conditional Orders to all order types for any asset type in the Oder Entry Window and the Options Strategist window. The order will not be submitted until the price of the conditional asset

Bug Fixed: Fixed an issue in the MAT window order entry pane to prevent a possible crash when clicking to the right of the rightmost column.

Chart Window

Improvement: Time alerts on the market clock are improved. Time is shown in the preferred time zone. The preferred time zone can be changed without affecting the alerts; they are stored in UTC. (Time ranges may cross midnight; in that case, the end time will be less than the start time.)

Improvement: The time resolution has been changed from 2 seconds to a fraction of a second. This makes it possible to assign unique timestamps to all ticks in a tick time series.

Improvement: The numeric values next to a chart's volume study are now integers, not an abbreviation that could include "k" or "m".

Improvement: Open order lines are drawn on charts for additional order types.

Bug Fixed: Fixed an issue where opening a chart using this menu sequence: File / New / Chart caused a crash.

Bug Fixed: Fixed an issue where dragging chart panes to merge or reorder them could cause a crash.

Bug Fixed: Fixed an issue where merging chart studies into a single pane, following by deleting the studies, could cause the application to hang.

Bug Fixed: Fixed an issue in the chart context menu where the alert entries appeared twice

Bug Fixed: Fixed an issue in the charts where the times shown on the Market Clock and Status Bar could be different.

Bug Fixed: Fixed an issue in the Market Clock window where the application hung when resizing the window and memory use keeps increasing.

Bug Fixed: Fixed an issue in the chart window where the Donchian channels were not working properly.

Bug Fixed: Fixed an issue in the chart window where after changing the style of any chart window the chart order entry pane did not function until chart restart or undock.

Bug Fixed: Fixed an issue in the chart window where after changing the style of a docked chart window, clicking on the icon to undock it will not work on first try.

Bug Fixed: Fixed an issue in the chart window where Daily pivots were not drawing correctly.

Bug Fixed: Fixed an issue in the chart window where there was an extra open-order line for two order types.

Bug Fixed: Fixed an issue in the chart window where the way the position line is calculated was corrected.

Quotes Window

Improvement: The syntax of a symbol or study expression has been extended to allow an optional filter to be included. Ticks may now be filtered by venue, size or price range.

Improvement: Added drag-drop of symbols between Watch windows, Position windows, charts and quote windows.

Alerts Window

Bug Fixed: Fixed an issue in the Alerts window, when created from the main "Add Alerts" menu, did not remember their symbol or target value.

Bug Fixed: Fixed an issue in the Alert window when loading saved Alert all of the alert information was not recovered (i.e., Symbol and Target fields).

Basket Window

Bug Fixed: Fixed an issue in the Basket View to avoid a possible crash if that view is closed while its orders are being filled.

Option Strategist Window

Bug Fixed: Fixed an in issue in the Option Strategist view to avoid a problem where the identity of the control with focus could be lost.

Web Browser Window

Bug Fixed: Fixed an issue in the web browser window where the scroll bar was partially obscured by the navigation bar.

 

What's New In MBT Desktop Pro, Build 62 - May 10, 2010

Desktop features from 11.5.0.7d

Option Strategist view class takes additional steps to preserve context, when focus changes to another view.

Improvement: Improved the appearance of charts where the price graph crosses a pane boundary, it eliminated the screen clipping.

Improvement: Improved the text overlapping the price pane rectangle.

Improvement: Improved the dragging of pane boundaries crossing other pane boundaries, leading to overlapping panes.

Bug fixed: Fixed an issue in the restoration of chart pane sizes when a workspace is loaded.

Bug fixed: Fix an issue where a crash occurred when panes are combined.

 

What's New In MBT Desktop Pro, Build 61 - March 30, 2010

Desktop features from 11.5.0.7

This build (1.0.0.62 dated 20100414) is identical to the last build (1.0.0.61 dated 20100410) except for a version number change.

Improvement: Changes to Installer for Windows 7 compatibility. After installation there will not be a dialog asking whether the application installed correctly.

Bug fixed: Clicking repeatedly on the open area of a MAT view, Open Orders tab, would cause an access violation.

Bug fixed: Application skins which have a problem displaying customized title-bar text were disabled in this build.

An activated child window, whether floating or not, has the distinctive color an activated window. There is only one activated child window, whether floating or not-floating.

When a child window is created or moved between floating and non-floating, its menu and toolbar items become active.

Bug fixed/Improvement: Typing "," on a chart moves the focus to the interval edit box and selects all text. This enables typing ",60" to change the interval to 60, and eliminates use of the mouse

Improvement: The Daily Pivot study is on the chart context menu again; its settings are saved in the workspace. Today's High and Today's Low lines are visible if checked.

Improvement: In charts, notes can be placed on study panes, as well as price panes

 

What's New In MBT Desktop Pro, Build 60 - March 19, 2010

New: Floating Window Layouts
Added the ability to dock (float) and undock various windows to and from the main desktop.

Changes March 15, 2010

Corrected the handling of updates to intraday charts following the daylight-savings change of March 14, 2010.

 

Changes March 5, 2010

Features:

  • Chart layout files may be downloaded and displayed in NavPro by opening the URL.
  • All changes from desktop version 11.5.0.6

Other Changes:

  • Message window updated will popup for ciritical alerts.

 

Changes since Build 55, January 27, 2010

Updated with all features of MBT Desktop 11.5.0.3

 

What's New In MBT Desktop Pro, Build 54 - January 11, 2010
Changes since Build 53, January 4, 2010

Highlights:

  1. Sources for the Market Profile plugin were updated to the latest available.
  2. All display plugins are now sensitive to Display Time preference. Their cursor windows show the active time zone. Prices in the vertical scale pane and cursor window are formatted per the MBT convention. (Bug 1843.)
  3. When a watch list, basket or FX board is deleted, the associated window is closed. (Bug 2003.)
  4. The UI restricts the number of views that can be created, in the same way as MBT Desktop. (Bugs 1533, 1534.)

Other Changes:

  1. A typo in the installer was corrected.
  2. The sources for all AxMbt classes were updated to capture changes in Nav. (No change in program behavior.)
  3. Investigated the behavior of the Sym and Intv color codes on the MAT view; did not see the problem reported. Will continue checking.

Changes since Build 52, December 4, 2009

Highlights:

  1. Improved the selection of drawing tools with the mouse. It was difficult to select a control point individually and drag it, as opposed to the segment connecting it or the rest of the tool. (Example: Retracement Tool.)
  2. Fixed the selection of data panes. The problem was seen as appearance of a line-tool context menu, when right clicking on a plugin pane study, e.g., MoneyFlow.
  3. Made the display of prices in charts and quote sheets consistent with other MBT software.

    Build 53

    Build 52

  4. In build 53's cursor data window, MBT-standard formatting routines are used for all price values: Open, High, Low, Close, and Price.

    "Price" refers to the location of the mouse when hovering over a price pane. Its value is rounded to standard trading units. (E.g., for /ZBH0, it would display a value such as 115'155, not its decimal equivalent 115.484375.)

    "Cursor" also refers to the location of the mouse. It is rounded to 1/10 of the symbol's normal price precision, and is displayed with the same MBT-standard formatting routine. (E.g., for /ZBH0, Cursor would show 115'115 instead of 115.484375, as these are equal. Or, it could show 115.47926, as this lies between 115'150 and 115'155.

    Builds 53 and 52:

  5. When the mouse hovers over a study pane, the "Price" legend changes to a shortened version of the study name, e.g., "Volume." The formatting of the value changes according to the study. For studies that are thought of as volume (Volume, Open Interest, Accumulation Distribution Index, On-Balance Volume) the volume-formatting style is used. (In build 52, study values were reported with two digits of decimal precision.)

    Builds 53 and 52:

  6. Plugin studies have been modified to format prices using the MBT-standard routines. Because this requires an interface change, build 53 requires plugins to carry a version stamp matching its own.
  7. A dialog was added to allow the standard formatting of symbols and studies to be replaced. Changes made in this dialog take effect when the dialog is closed. (Build 53 exception: for plugin studies it may be necessary to close/reopen the study, or change the active symbol or interval.)

    Menu location: Tools / Format of Numbers in Charts and Quote Sheets.

  8. Snapshot fields were added that allow one to inspect the MBT formatting associated with a symbol.
    • Price Type is the MBT code assigned to the symbol.
    • Increment is the smallest increment that would be seen in the Order Entry dialog, for that symbol.
    • SubIncrement is 1/10 of Increment; it is used for reporting cursor position over a chart.

    None of these fields is affected by the "Format Numbers in Charts and Quote Sheets" dialog.

Other Changes:

  1. The title of the Stochastic RSI preferences dialog was changed from "Stochastic" to "Stochastic RSI".

Software Download

Click on the download link below and choose "Save this program to disk" from the dialog box that pops up. Select a location on your computer to download the file. Once the download is complete, double-click the file to install the program.

Current Release
Version 2.2.0.56 - 23.5MB
Updated: 3/31/2014

 

 
  • Minimum System Requirements:
  • Windows XP, Vista, 7 and 8 OS
  • 1GHz Processor or faster
  • 1GB of RAM or more
  • Broadband or faster
  • 50 MB Free Disk Space
  • 128MB Video Card or better
  • Resolution 800 x 600
  • Mozilla Firefox 3.0+ or Microsoft IE 7.0+
 
  • Recommended System Requirements:
  • Windows XP, Vista, 7 and 8 OS
  • 2GHz Processor or faster
  • 2GB of RAM or more
  • Broadband or faster
  • 50 MB Free Disk Space
  • 512MB Video Card or better
  • Resolution 1024 x 768
  • Mozilla Firefox 3.0+ or Microsoft IE 7.0+