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MDP 3.0, is CME migrating to a new data comm protocol?

  #62 (permalink)

Denver Colorado
Trading Experience: Intermediate
Platform: Tradestation & MT4
Favorite Futures: ES, YM, Forex
Posts: 8 since Mar 2012
Thanks: 0 given, 8 received

Tradestation Users (CME Data Change)

Tradestation Data Integrity confirmed that they will change to the new CME data protocol this August (2015), before the CME change in September, so they have to time to trouble-shoot, etc.
Tradestation will make a formal announcement sometime this Summer to confirm the upcoming data change.

According to TS, their software engineers are aware of the impact that the new data protocol will have on Tick charts.
That said, they did not confirm nor deny if they will modify the TS platform in any way to accommodate the new data stream so as to keep their Tick charts useable.

As far as prior comments on Tick vs. Volume charts.
I have found Tick charts to be much more consistent & useable on All Volume day types (low volume days, high volume days, etc.).
Volume charts do work very well on most normal & high volume days, but are horrible on Lower Volume Days (at least on the TS platform).
On Lower Volume days, you mostly have retail traders driving the market & therefore you would need to adjust your share bar setting for the charts to be useable. Tick charts are affected on these days, but much less so given it is (or was) order based (not share based).


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