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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
  • A full back-testing system
  • 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 Manged 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 2.0.0.60 – 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 the FOREX symbols XAU/USD (Gold/US Dollar) and XAG/USD (Silver/US Dollar) to be available for trading. Please note these symbols trade in Quantity instead of Lots.

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

You will see a Group ID displayed to the right

Select Cancel By OCA… from the Trigger Action dropdown menu

This will bring up the Cancel Group IDs window

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 2.0.0.60 - 18.6MB
Updated: 12/05/2011

 

 

Minimum System Requirements:
  • Windows XP, Vista, 7 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 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+