Tag Archives: Ninja Trader

Comparing trading platforms like Ninja Trader and brokers on Google Trends

Comparing trading platforms and brokers on Google Trends
I compare all the popular trading platforms including Tradestation, Multicharts, MT4, Ninja Trader and even MotiveWave. It seems that MT4 is easily #1 but Tradestation is quite popular with Ninja Trader trading.
I am somehow  started glancing at brokers and even crypto currency/Bitcoin exchanges. It seems Crypto exchanges was very very popular a year ago but quickly died off. When you look at the brokers like Interactive Brokers, Oanda, Dukascopy, and other crypto exchanges. I broke down the analysis down by city and event country or region.

But why Oanda?

You can clearly see Oanda is the dominant force. globally.  This is another reason I found MT4 (Metatrader 4) is popular. MT5 is up there swell. When you look at the region what is driving Oanda, it seems be out of Hong Kong and Asia but it still dominates on Google Trend audience share. Also, when you look at the similar terms as Oanda. I found mysteries around PostFinance.ch (a digital bank out of Switzerland) and Sweden and Norway regions. It seems that some West African countries were in there as well. Maybe someone can explain this relationship I am seeing.

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Ninja Trader 8 Beta coming with webinar

Ninja Trader 8 Beta coming with webinar

From someone on Skype  so thanks to them

https://www.facebook.com/NinjaTraderEcosystem?fref=ts

Attention Traders! NinjaTrader 8 Beta Announcement Information:

• NinjaTrader 8 Webinar hosted by CEO and Founder Raymond Deux – 5/8 @ 12 ET, register here: http://bit.ly/1IdMrVJ
• NinjaTrader 8 FAQ: http://bit.ly/1OXvhzx
• NinjaTrader 8 Support Forum: http://bit.ly/1PlUoqx

 

Join my FREE newsletter to learn more about these machine learning tactics

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Ninja Trader 8: Happy Bug Hunting so why

Ninja Trader 8: Happy Bug Hunting so why

I must say this new Ninja Trader 8 is not off to a good start:

As you may know, customized user developed NT7 indicators will not work in NT8 without modification. Some will require only very minor tweaks that may take only moments, some will require major rewrites. Either way, we need a way to track and fulfil requests.

Read more here as I think there will be a tonne of bugs just like NT7.

Many kept asking me about my backtesting ideas. I came up with this as I even made a video about it.

Bryan

 

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Will retail trading platforms like Tradestation Metatrader and Ninja Trader really make you lose money?

Will retail trading platforms like Tradestation Metatrader and Ninja Trader really make you lose money?

A comment came up:

https://quantlabs.net/blog/2011/11/is-jforex-better-than-metatrader-mql4-to-develop-forex-and-quant-strategies/

Comment:

Hell every one !!! i have very bad expiriense with Jforex and Metatrader it dont really mater have you skills or not , back server will override you formula against you profit ok !!! in order to make money you have to have you own program and execute through FIX , not through the broker. takes time and money to find out plus extra experience i have with Jforex FXDD !!!!! Example try to open account deposit $2000-$5000 and withdraw it , some kind off problems starts , you will see how desperately system want you money any market or broker formula to make money , not to pay bills and no one on this world will ever do anything to help you make the money if you are c++ programmer if you better then average if you trade Fix not broker Api , my be you make little money sometimes Dont believe me , it takes time to prove it to you self – See more at: https://quantlabs.net/blog/2011/11/is-jforex-better-than-metatrader-mql4-to-develop-forex-and-quant-strategies/#sthash.tbXryNte.dpuf

Also, why trade like a sheeple? Why be a stock chaser? Why be part of the dumb money movement?

My conclusion, control your destiny by owning your own technology and infrastructure

Join my FREE newsletter to learn how to accomplish this 

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Is it wise to use source from Metatrader Tradestation Multicharts Ninja Trader as pseudo code to code up your proprietary strategy in DotNet or CSharp?

Is it wise to use source from Metatrader Tradestation Multicharts Ninja Trader as pseudo code to code up your proprietary strategy in DotNet or CSharp?

This got me think as I attack this Kaufman book?

End to end book review: Quant and Technical Analysis book to cover all aspects of math and automated trading – See more at: https://quantlabs.net/blog/2013/12/end-to-end-book-review-quant-and-technical-analysis-book-to-cover-all-aspects-of-math-and-automated-trading/#sthash.y6jqg6tr.dpuf
Send over your opinions at:

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Why NOSQL MongoDB is really important to traders and quants who are limited with Multicharts Tradestation Ninja Trader Metatrader

Why NOSQL MongoDB is really important to traders and quants who are limited with licenses Multicharts Tradestation Ninja Trader Metatrader

I agreee with what is being said here

This comment below came in from:

Using MongoDB in memory for real time open source NOSQL tick database with CEP Java Matlab

Bryan:

I wish to say that the MongoDB webinar is a must see for anybody who has not become familiar with it.

I learned a lot about how to more easily break out of the proprietary platform software jails. These legacy platforms are generally using proprietary internal data aggregation software making it difficult to escape the “lock-in” trap.

Paying for license buys/hires experts in scalable manner when needed instead of being barrier to entry oriented.

Business model is aligned with software design philosophy for scaling up developers and users alike.

I’ll share my own view as one anecdotal example:
I have had both TradeStation and MultiCharts for a long time, (actually too many different ones) because I am not “big” enough to hire my own software development staff of many employees, and the companies have done a lot of enabling technology work for me as well as others in the trading “community”. Fortunately, the entire TS and MC community have nicely been able to keep way ahead of my forward learning speed as an individual researcher, and sometimes programming consultant with some important exceptions. It is these exceptions which I see MongoDB now addressing, which is why I think MongoDB is so important for me. Additionally, I see huge benefits to other traders who start out at retail level to gain knowledge and experience, and eventually decide to join up with partners and scale up to going Pro. That is evident to me whether it is evident or not to them! If it is evident to them I gain confidence that I am in good company with other analysts and potential trading company partners who are, IMHO, most likely to succeed in the future.

After all, anybody who wisely invests the time to learn this business is a “trader” in human and technical potential, and would not slam doors of opportunity shut on themselves. They will keep as many options open to themselves and their potential partners as possible.

TradeStation has a good database online for a bargain price, but often it tries to update the database while charts are running, rendering the trading functions less than desirable. While not trading, TS becomes quite valuable if building a customized local database can be the task for TS to keep it busy. TS is capable of very large tickdata history acquisition, just not quite in real time! If the data does not have to be acquired redundantly, the value added to your small trader’s infrastructure by TS is much better.

Mongo is more likely to remain viable into the future than, say, a custom 3rd party app designed to supplement only one platform. These supplements exist for each platform, but cause expensive problems when a platform vendor changes its proprietary database formats with newer versions of the basic software and stops supporting the older versions.

If you have used a proprietary retail platform like TS, MC, Ninja, MT4, etc for many years, MongoDB should be a slam dunk choice for you to upgrade your infrastructure for Higher FT trading on your path to actual HFT, or even deciding if HFT has any potential for YOU.

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Are the best basic introduction to quant finance you will ever see? With Metatrader Tradestation or Ninja Trader?

Are the best basic introduction to quant finance you will ever see? With Metatrader Tradestation or Ninja Trader?

Interested in a better to do it ? Join my FREE newsletter

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

No Ninja Trader as we focus on Multicharts to implement custom financial models and trading strategies from Matlab Simulink

No Ninja Trader as we focus on Multicharts to implement custom financial models and trading strategies from Matlab Simulink

This wa a query from a visitor:

Hello: I watched your recent video but I am still confused about what exactly you are offering. You mentioned being able to whitelable your product and you made a reference to Ninjatrader. Are you saying that I could offer a trading platform under a different company name of my choosing? I have a trading approach that is relatively novel and I like the idea of being able to combine that with a whitelabled trading platform. On that note, what would the conversion process be regarding strats/indicators written in Ninjascript? I am assuing a complete re-write... If you can try to answer in a way that a non techie can follow that would be great. 
I hope this posting answers how we we will accomplish this goal:
https://quantlabs.net/blog/2013/01/nearly-completed-matlab-simulink-model-to-c-to-c-to-multicharts-net-trading-platform/ 
Learn how we plan to accomplish this by joining our FREE newsletter 

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Quant analytics: Program for user-friendly strategy creation and robust futures/stock back testing database Ninja Trader? Wealth Lab?

Quant analytics: Program for user-friendly strategy creation and robust futures/stock back testing database Ninja Trader? Wealth Lab?

Hello,

I have been working on developing several formulas for futures trading using a program called ProdigioRTS however the back testing usability just isn’t sufficient for me to use (limited to 6 month periods and no futures.) I am looking for a new program that will allow me to create and back test strategies that I create over a period of years.

What really lured me into Prodigio however was the ease of strategy creation which utilizes a large drag and drop canvas where I can visually structure these formulas without any raw programming language knowledge.

I am looking for a program which boasts a similar level of user-friendly strategy design but with a robust database that allows me to back test over greater periods of time. Support for futures is also greatly desired.

Price will also be a factor, Prodigio is free with my current broker so I’d like to keep it along similar lines however I’d be willing to invest in buying a program if need be.

Thank you for all your suggestions, I’m eager to see your recommendations.

—–
I am not certain if you have any programming capability but if you do NinjaTrader will meet your criteria and it is free to use until you are trading live.

—–

Tradingblox is excellent, particularly for portfolios of different futures. There is some programming for the most complex version, but it isn’t overly complicated. It is expensive, though – about $2,000-$3,000.

Forex Strategy Builder is the best free backtester that I’ve found. You can’t test portfolios, though, and have to modify the settings to take futures data. However, it is FREE, and there is ZERO programming. forexsb.com

—–

I agree… Ninjatrader is wonderfull to program (in my opinion) . Just because it doesn’t use a specific scripting language , but use C# .NET.

 

—-

I would agree and say NinjaTrader is arguably the best retail platform for such a purpose. There are alternatives which are used by institutions such as Quanthouse, Apama, RTS Tango etc. but they are very expensive, usually several thousand pounds per year for licencing.

 

Thank you all for the suggestions! I have landed on NinjaTrader and it feels capable of doing the job. The learning curve looks to be a bit high on this one, however. I’m having a little trouble getting historical data set up on the system, if anybody cares to show me how I would appreciate that greatly!

—–

Phil, you can go to Tools -> Historical Data Manager and download data from the NinjaTrader servers if you are testing a symbol they have. NT has all the index futures and most of the currency futures plus crude oil (CL) and gold (GC) for certain.

If you run a back test when you are not connected to your broker that will also cause NT to download data from its servers.

If you want to run Market Replay (useful for strategies that operate on a tick level or use order book data) you need to go to File -> Utilities -> Download Replay Data for the symbol you want. That is a bit of a pain because you have to download data one symbol and day at a time.

—-

Wealth-Lab – drag and drop, as much history as you feel like loading, futures, equities, whatever. You need more or want to learn coding? Just click the button, convert this strategy to code.

 

 

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

use Ninja Trader or Trade Station to trade Oil, Russell and S&P with the fastest execution spee

Hello, Which is better to use Ninja Trader or Trade Station to trade Oil, Russell and S&P with the fastest execution speed possible to eliminate or reduce slippage as much as possible. Thanks.
—-
It’s not so much the software as it is the data feed, and you close proximity to the exchanges – which is going to depend on which markets you’re trading. I’d suggest using NinjaTrader with the Rithmic data feed if you’ll be trading futures.
—–
ninja is faster connection but your stop orders sit on the platform not the exchange just so you know. XTRADER is the fastest platform out there….
—-
You need to co-lo whatever system you decide upon to reduce latency and increase effeciency.
—-
If you are going through somebody’s router you are going to be slow. you need a co-located server and somebody who will sponsor your access and get an ilink. that way, you will direct connect and minimize latency…..otherwise, you are a customer.

i can help.
—–
For the retail trading both NT and TS are ok. All of the comments above are for the algo trading which may not be what you are after.
There are other platforms that are as good or better for retail trading, you may want to check with your broker or FCM for recommendation.
——
As far as I know, NinjaTrader is not a broker (but an interface to other brokers). That in itself might increase latency. Anyway, your speed will depend on the specific broker, so compare access to their servers [with TradeStation, if that’s what you’re considering].
—–
Ninja is faster with the right feed. If you use the Trading Technologies (the fastest) or Zen-Fire/ Rithmic (close second) and compare super dom against the Matrix in TradeStation you will visually see the difference. You can test this at any time. You will see Ninja update faster. Also the stop orders are sent directly to the market. It is the OCO logic (used for ATM strategies / Bracket Orders) that is kept on the platform.
—–
aren’t you confusing data feed with execution? Of course you [or your algo] need to “see” the data before sending orders, but asked specifically about execution speed, which otherwise has nothing to do with your feed.
Also, if you are able to actually see the difference between two feeds, than you have one feed [at least] which is very slow.
=====
I am not confusing them at all. Ninja has faster data (so you can make your decisions faster) and faster execution. Zen-fire / Rithmic and most Trading Technologies installations are co-located at the exchange (equinix data center) with fiber optic cross connects. That is the highest level of connectivity that the CME Group and EUREX offer.
—–
Are you doing algorithmic trading? Or point-and-clicking? Or trading spreads where your platform sends a new order on getting a fill?

If you are manually entering orders, I wouldn’t worry about colocation, execution speeds or the like.

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!