NexusFi: Find Your Edge


Home Menu

 





Unofficial NinjaTrader 8 wish list thread (NT8)!


Discussion in NinjaTrader

Updated
      Top Posters
    1. looks_one NinjaTrader with 96 posts (106 thanks)
    2. looks_two Big Mike with 81 posts (78 thanks)
    3. looks_3 OpalDragon with 35 posts (12 thanks)
    4. looks_4 AdvancedIndicators with 29 posts (26 thanks)
      Best Posters
    1. looks_one Fat Tails with 5.3 thanks per post
    2. looks_two NinjaTrader with 1.1 thanks per post
    3. looks_3 Big Mike with 1 thanks per post
    4. looks_4 AdvancedIndicators with 0.9 thanks per post
    1. trending_up 378,179 views
    2. thumb_up 692 thanks given
    3. group 221 followers
    1. forum 1,036 posts
    2. attach_file 63 attachments




 
Search this Thread

Unofficial NinjaTrader 8 wish list thread (NT8)!

  #291 (permalink)
 Xeno 
UK
 
Experience: Intermediate
Platform: Ninja
Broker: Mirus/Zen
Trading: Futures - bonds, currencies, index
Posts: 288 since Oct 2010
Thanks Given: 70
Thanks Received: 274


baruchs View Post
Its probably my misunderstanding, but why is it useless?
If you need granularity you can get the absolute granularity with dataseries of 1 tick.

Baruch

You can't get bid/ask, so you have little confidence as to whether your trade would have happened in reality. That's maybe not too bad if your timescale is a couple of hours and you use market entry, but not if you look at tick data and your trade lasts 30 mins. Also I seem to remember that if your primary series is 5min (which you might want on your chart) and you add a second series of one tick to get the granularity, you then have to go unmanaged otherwise you won't be able to enter on that secondary series. If you switch 1tick to primary, you've lost what you're looking at - I may be wrong on that, but if not, it's a lot of hassle for something which should be simple)

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Build trailing stop for micro index(s)
Psychology and Money Management
Are there any eval firms that allow you to sink to your …
Traders Hideout
Online prop firm The Funded Trader (TFT) going under?
Traders Hideout
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
ZombieSqueeze
Platforms and Indicators
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
59 thanks
Funded Trader platforms
37 thanks
NexusFi site changelog and issues/problem reporting
24 thanks
GFIs1 1 DAX trade per day journal
22 thanks
The Program
19 thanks
  #292 (permalink)
 baruchs 
Israel
 
Experience: Intermediate
Platform: NinjaTrader
Broker: pfg
Trading: eminis
Posts: 323 since Jun 2009


Quoting 
You can't get bid/ask, so you have little confidence as to whether your trade would have happened in reality. That's maybe not too bad if your timescale is a couple of hours and you use market entry, but not if you look at tick data and your trade lasts 30 mins. Also I seem to remember that if your primary series is 5min (which you might want on your chart) and you add a second series of one tick to get the granularity, you then have to go unmanaged otherwise you won't be able to enter on that secondary series. If you switch 1tick to primary, you've lost what you're looking at - I may be wrong on that, but if not, it's a lot of hassle for something which should be simple)

I don't see how a trade duration has anything to do with if you have bid/ask or not.
What you probably mean is that you need it for scalping. I know that scalping is a bad idea, so I never code those kind of strategies. The only problem that I had in not having bid/ask was when I tried in Forex. In futures usualy the spread is minimal.
The problem of having bid/ask data is in not seeing your trades on a chart exactly as they executed. (On chart you show only last prise).
Actually the problem is more with market orders then with limit orders. With limit order if you choose default fill type. Then the order is filled only if prise is penetrated.
Of course you can have 1 tick secondary series and use managed orders. I do it all the time.

Reply With Quote
  #293 (permalink)
 syxforex 
British Columbia
 
Experience: Advanced
Platform: NINJA
Broker: ZEN
Trading: Crude
Posts: 1,091 since May 2010


I would like to see an improvement it Chart Trader that would allow for quicker order entry. Currently one has to right click while the cursor is over a price and choose an order option. I would like to select the order type, be it stop limit or limit, whatever order types will be available, market if touched would be a nice addition.. after the order type is selected it would be armed and ready to be entered on a price level in the chart with a single click. Kind of like loading a shotgun. This would allow the trader to stay closer to the chart/price action and able to fire an order in moment. The right click/selction process at the time of order entry is time consuming and distracting, a bulky process for high frequency discretionary traders.

Visit my NexusFi Trade Journal Reply With Quote
  #294 (permalink)
 
Tasker_182's Avatar
 Tasker_182 
Cedar Rapids, iowa
Legendary Market Wizard
 
Experience: Intermediate
Platform: Ninjatrader
Broker: Ninjatrader - Continuum
Posts: 716 since Aug 2009
Thanks Given: 476
Thanks Received: 1,401

Would like to be able to set a chart scale (y-axis) and have it apply to all "linked" charts.

Reply With Quote
  #295 (permalink)
 Xeno 
UK
 
Experience: Intermediate
Platform: Ninja
Broker: Mirus/Zen
Trading: Futures - bonds, currencies, index
Posts: 288 since Oct 2010
Thanks Given: 70
Thanks Received: 274


baruchs View Post
I don't see how a trade duration has anything to do with if you have bid/ask or not.

Well, if you're trading much longer the lack of a bid/ask is less problematic because firstly the trade has a longer time to enter and still be similar to what would happen in reality (with a short term trade, if it doesn't enter then the whole trade may be gone), and secondly the tick or two difference is a much smaller percentage of the overall expected movement.


Quoting 
What you probably mean is that you need it for scalping. I know that scalping is a bad idea, so I never code those kind of strategies.

What I mean is exactly what I said. I look at ticks and usually stay in the trade for around 30 mins. Doesn't matter whether you call it scalping or not. So, ignoring the sweeping generalisation, you're saying that because you never code my sort of strategy then my problem is somehow invalid?



Quoting 
The only problem that I had in not having bid/ask was when I tried in Forex. In futures usualy the spread is minimal.

It's not the size of the spread I'm worried about at all, so that assumption was wrong. It's actually whether or not the trade gets executed. To put it simply: too often in backtest a trade is either taken or not, where the opposite happens in replay because replay has bid/ask, and bid/ask is a more accurate fill criteria than price traded.



Quoting 
Of course you can have 1 tick secondary series and use managed orders. I do it all the time.

It's my understanding that managed entries and exits execute only on the primary series, except where you have multi instrument and you can specify the bars index for entry. If that's the case, and I'm happy to be corrected, then your order does not execute on the tick series and you're back to the original granularity problem, which was the original point about it being useless for testing those sorts of strategies.

Reply With Quote
  #296 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,399 since Jun 2009
Thanks Given: 33,175
Thanks Received: 101,541

Regarding backtests and optimizations and the result set generated, please cache all the tabs at the time the cycle is run.

Right now, if I select one run (say line 1 in the result table), it has to re-run the entire backtest cycle. For some of the stuff I am doing now, this can take several minutes (ABC hives). It is incredibly annoying.

Would be really great if the results for each tab were simply cached somewhere to prevent the entire cycle from having to be re-run each time you move from one result to another.

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #297 (permalink)
 bukkan 
Calcutta, India
 
Experience: Intermediate
Platform: ArthaChitra
Posts: 278 since Jun 2009
Thanks Given: 161
Thanks Received: 271

@Big Mike, pls make sure "Save chart data as historical" is checked in Tools>Options>Data tab

Reply With Quote
  #298 (permalink)
 Market Sniper 88 
Australia
 
Experience: Intermediate
Platform: Sierra Chart/ Iress
Broker: IB/ AMP/ FPM
Trading: Futures, Forex & Stocks
Posts: 67 since Apr 2012
Thanks Given: 107
Thanks Received: 20

> A faster way to toggle between templates

> The ability to see the value of a moving average in the price axis while having it invisible on the actual chart

> Be able to turn the cross hairs on/off with the click of the left mouse button

Reply With Quote
  #299 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,399 since Jun 2009
Thanks Given: 33,175
Thanks Received: 101,541


Market Sniper 88 View Post
The ability to see the value of a moving average in the price axis while having it invisible on the actual chart

Can't you set the plot to transparent?

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #300 (permalink)
 Market Sniper 88 
Australia
 
Experience: Intermediate
Platform: Sierra Chart/ Iress
Broker: IB/ AMP/ FPM
Trading: Futures, Forex & Stocks
Posts: 67 since Apr 2012
Thanks Given: 107
Thanks Received: 20



Big Mike View Post
Can't you set the plot to transparent?

Mike

Yes, but then you can not see the value in the price axis.

Reply With Quote




Last Updated on December 24, 2023


© 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