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IB Workstation and Ninja Trader Time issue
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IB Workstation and Ninja Trader Time issue

  #1 (permalink)
Elite Member
Hubei, China
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: Interactive Broker
Favorite Futures: Stocks
 
tshunhu's Avatar
 
Posts: 272 since Jun 2014
Thanks: 304 given, 165 received

IB Workstation and Ninja Trader Time issue

I have read a thread about this issue, but to me the problem is a little more complicated.

As @Big Mike suggested, I use Dimension4 to syncronize my pc time. But the time provided by IB workstation is always about 1 or 2 seconds late than the syncronized time in my pc.

Now I'm not trading by NT, but I plan to buy a liscence. Anyone have the similar problem? Can I surpass this issue by using Kinnect data instead of IB data?

Thank you!


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  #2 (permalink)
Elite Member
Chicago Illinois USA
 
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Broker/Data: IB
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wldman's Avatar
 
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Kinetick...

data is HIGHLY recconmended especially over IB.

Not really sure what you are seeing that you do not like BUT the new bar will not draw until there is a tick present in that time unit...so often it may seem like a bar is late when it really is not.

I follow the same suggestion from Mike and my pc is in sync.

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  #3 (permalink)
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tshunhu's Avatar
 
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wldman View Post
data is HIGHLY recconmended especially over IB.

Not really sure what you are seeing that you do not like BUT the new bar will not draw until there is a tick present in that time unit...so often it may seem like a bar is late when it really is not.

I follow the same suggestion from Mike and my pc is in sync.

Thank you wldman. The problem for me is that because of the 1 second delay in IB workstation time compared to my pc time (still exist after sync), the chart shown in Ninjatrader will not be the same as it in IB. Especially when the market moves fast, the bars would be very different as the last price take place in 5min bar would be counted into the beginning of next 5min bar.....

I think I will use Kinetick later....


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  #4 (permalink)
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wldman's Avatar
 
Posts: 2,072 since Aug 2011
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That is right..

you have a data issue. IB is filtered data and it is inferior. If the timing and bar transitions are important to you I'd use a reliable unfiltered data feed.

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  #5 (permalink)
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the quest for minimizing slippage...

Any advice on obtaining the best fills and minimize latency/slippage in the futures market?

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  #6 (permalink)
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Silent warrior View Post
Any advice on obtaining the best fills and minimize latency/slippage in the futures market?

Buy a dedicated server co-located at Aurora next to the CME and your broker gateway server.

Mike

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  #7 (permalink)
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I recently had an issue with Interactive Brokers. I was running Ninja Charts with IB Data. At the same time I had a ThinkorSwim chart up on another computer. I had both charts on the SPY but the bars were different. For example, where there was a down bear bar on ThinkorSwim there would be a bull bar on the Ninja chart. I then resynched my computer and reloaded the Ninja chart. After that, both charts showed the same bars. I am now going to resynch my computer before every session. But, I don't understand why I don't need to do this with ThinkorSwim and it always works correctly.

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