Incorrect. You can use any NinjaTrader version free or paid with Kinetick. There are several advantage in using Kinetick (over IQFeed) for NinjaTrader.
- Free EOD data
- More effiecient since the NinjaTrader Kinetick adapter connects directly to the IQFeed servers vs NinjaTrader IQFeed adapter which uses the IQFeed API (additional layer of code)
- As you pointed out, less expensive
- Kinetick supports all NinjaTrader supported brokers for the CME Waiver program where IQFeed does not
The CME waiver is available for who have an account with a broker that has subscribed to it and that use a software that support IQfeed and allow live trading, is your broker that has to enable you it with DTN.
Take your Pips, go out and Live.
The following user says Thank You to LukeGeniol for this post:
Yes, it only works with the paid version of ninjatrader (also works with the 'free' broker-supplied version where you pay for it per trade such as Mirus provides). The reason given is that in order to provide the waiver, the CME wants to make sure you're using a software that has been approved as being able to place live orders. Unfortunately other dealer-bundled platforms like R-trader and X-trader do not seem to be on the CMEs list of approved software yet.
It might be worth it to open up a separate account with a broker like Mirus who offers the 'free' ninjatrader, just so you can get the fee waiver. You don't necessarily have to do all your trading through this account.
The following user says Thank You to GoldStandard for this post:
@GoldStandard, I think that with X-Trader or others that use proprietary data and don't support IQFeed will be not allowed, anyway is your broker that has to declare to DTN that you are trading with a platform that support IQfeed.
Guys please create a new thread if you want to talk about Kinetick or IQfeed.
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
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Is anyone getting back fill of DX on ICE? I get this message in Sierra Charts:
Starting real-time intraday chart updates for DX FMU0011!-NYBOT | 2011-06-14 15:32:46
Downloading intraday chart data for DX FMU0011!-NYBOT to the file DX FMU0011!-NYBOT.scid | 2011-06-14 15:38:05
Using server: 22.214.171.124 port 10049 | 2011-06-14 15:38:05
Currently no data in file to display. Will start download and updates. C:\SierraChart711Rith\Data\DX FMU0011!-NYBOT.scid | 2011-06-14 15:38:06
Requesting up to 60 days of intraday data. | 2011-06-14 15:38:06
Using compression. | 2011-06-14 15:38:06
Server does not have data for the symbol DX FMU0011!-NYBOT | 2011-06-14 15:38:06
Received 0 records and wrote 0 records for DX FMU0011!-NYBOT | 2011-06-14 15:38:06
Intraday download COMPLETE for DX FMU0011!-NYBOT | 2011-06-14 15:38:06