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DOM Sphere for NinjaTrader (www.domsphere.com)

  #19 (permalink)

Elite Member
Houston,Tx
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Mirus Futures/Zen-Fire
Favorite Futures: TF
 
ThatManFromTexas's Avatar
 
Posts: 2,302 since Feb 2010
Thanks: 1,208 given, 4,315 received

I am a ChartTrader but....


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Anyone found this new DOM useful?

@Gary at domsphere

I downloaded it and tried it in SIM.

Pro:

Easy to add or delete columns,

When using their version of "ATM", it shows where the stops will be dynamically before you place an order

Volume with options to see the numbers and/or the graph

Slow scrolling allows easy entry at the correct price while keeping current price centered, almost like a hybrid between static and dynamic DOM

Cons:

If you want to see the trades marked on a chart, you will need to have two charts, one for the strategy to run without ChartTrader and a second chart with ChartTrader .

For some reason when I setup an "ATM" with a Target and a Stop Loss, the DOM would cancel the stops saying that it couldn't confirm the orders . It would leave the position open.

When I configured an "ATM" with just a stop loss it worked perfectly.

There is a setting to tell it not to cancel the orders but it still relinquishes control of the stops, so you would have to manage everything manually. Not sure WTF is going on with that.

It appears you give up the ability NT has to move Stops with "One Click".

I haven't spent that much time with it , so anything I couldn't get to work may not necessarily be the fault of the software.

YMMV

I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
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