NexusFi: Find Your Edge


Home Menu

 





Price Spikes


Discussion in Brokers

Updated
      Top Posters
    1. looks_one ShruggedAtlas with 3 posts (0 thanks)
    2. looks_two monpere with 1 posts (1 thanks)
    3. looks_3 liquidcci with 1 posts (1 thanks)
    4. looks_4 Quick Summary with 1 posts (0 thanks)
    1. trending_up 4,456 views
    2. thumb_up 2 thanks given
    3. group 1 followers
    1. forum 5 posts
    2. attach_file 0 attachments




 
Search this Thread

Price Spikes

  #1 (permalink)
 
ShruggedAtlas's Avatar
 ShruggedAtlas 
Bloomington
 
Experience: Beginner
Platform: NinjaTrader
Broker: Interactive Brokers
Trading: Stocks
Posts: 191 since Apr 2011
Thanks Given: 78
Thanks Received: 75

I'm sim trading in NT and using my existing Ameritrade data feed. Every once in a while I get these outrageous price spikes. I just got one while trading SPY. It was trading at about 133.80 when all of a sudden in the blink of an eye price touched 135.36! Fortunately I'm long so I wasn't stopped out but I have been stopped out on a couple of occasions due to these anomalies. When I'm trading with real money using my Lightspeed platform I don't seem to have these problems because I have selected an option to "correct for spikes"

Does anyone know what the cause of these spikes is? Does anyone know if NT can "correct for spikes"?

"I've missed more than 9,000 shots in my career. I've lost almost 300 games. 26 times, I've been trusted to take the game-winning shot and missed. I've failed over and over and over again in my life. And that is why I succeed."
- Michael Jordan, 5-Time NBA Most Valuable Player, 6-Time NBA Champion
Visit my NexusFi Trade Journal Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Are there any eval firms that allow you to sink to your …
Traders Hideout
Better Renko Gaps
The Elite Circle
Deepmoney LLM
Elite Quantitative GenAI/LLM
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
Futures True Range Report
The Elite Circle
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
39 thanks
NexusFi site changelog and issues/problem reporting
26 thanks
The Program
18 thanks
GFIs1 1 DAX trade per day journal
18 thanks
  #3 (permalink)
 
liquidcci's Avatar
 liquidcci 
Austin, TX
 
Experience: Master
Platform: ninjatrader, r-trader
Trading: NQ, CL
Posts: 866 since Jun 2011
Thanks Given: 610
Thanks Received: 1,091



ShruggedAtlas View Post
I'm sim trading in NT and using my existing Ameritrade data feed. Every once in a while I get these outrageous price spikes. I just got one while trading SPY. It was trading at about 133.80 when all of a sudden in the blink of an eye price touched 135.36! Fortunately I'm long so I wasn't stopped out but I have been stopped out on a couple of occasions due to these anomalies. When I'm trading with real money using my Lightspeed platform I don't seem to have these problems because I have selected an option to "correct for spikes"

Does anyone know what the cause of these spikes is? Does anyone know if NT can "correct for spikes"?

My guess is it is the result of being in SIM.

"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
Reply With Quote
Thanked by:
  #4 (permalink)
 
monpere's Avatar
 monpere 
Bala, PA, USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Mirus, IB
Trading: SPY, Oil, Euro
Posts: 1,854 since Jul 2010
Thanks Given: 300
Thanks Received: 3,371


ShruggedAtlas View Post
I'm sim trading in NT and using my existing Ameritrade data feed. Every once in a while I get these outrageous price spikes. I just got one while trading SPY. It was trading at about 133.80 when all of a sudden in the blink of an eye price touched 135.36! Fortunately I'm long so I wasn't stopped out but I have been stopped out on a couple of occasions due to these anomalies. When I'm trading with real money using my Lightspeed platform I don't seem to have these problems because I have selected an option to "correct for spikes"

Does anyone know what the cause of these spikes is? Does anyone know if NT can "correct for spikes"?

These are bad ticks from your data provider. In Ninjatrader, use Tools > Options > Data > Filter bad ticks.

Reply With Quote
Thanked by:
  #5 (permalink)
 
ShruggedAtlas's Avatar
 ShruggedAtlas 
Bloomington
 
Experience: Beginner
Platform: NinjaTrader
Broker: Interactive Brokers
Trading: Stocks
Posts: 191 since Apr 2011
Thanks Given: 78
Thanks Received: 75


liquidcci View Post
My guess is it is the result of being in SIM.

I've actually gotten these both in NT and in StrategyDesk. Both were using Ameritrade's data feed. In StrategyDesk I was not trading in SIM. Regardless, it is a nuisance.

"I've missed more than 9,000 shots in my career. I've lost almost 300 games. 26 times, I've been trusted to take the game-winning shot and missed. I've failed over and over and over again in my life. And that is why I succeed."
- Michael Jordan, 5-Time NBA Most Valuable Player, 6-Time NBA Champion
Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #6 (permalink)
 
ShruggedAtlas's Avatar
 ShruggedAtlas 
Bloomington
 
Experience: Beginner
Platform: NinjaTrader
Broker: Interactive Brokers
Trading: Stocks
Posts: 191 since Apr 2011
Thanks Given: 78
Thanks Received: 75


monpere View Post
These are bad ticks from your data provider. In Ninjatrader, use Tools > Options > Data > Filter bad ticks.

Ok thanks a lot, I'll try that. Guess this is one more reason for me to stay away from Ameritrade in general but it's nice to know NT can help resolve it.
Thx again!

"I've missed more than 9,000 shots in my career. I've lost almost 300 games. 26 times, I've been trusted to take the game-winning shot and missed. I've failed over and over and over again in my life. And that is why I succeed."
- Michael Jordan, 5-Time NBA Most Valuable Player, 6-Time NBA Champion
Visit my NexusFi Trade Journal Started this thread Reply With Quote




Last Updated on July 8, 2011


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts