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NinjaTrader 8 Major Enhancements List (NT8)
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NinjaTrader 8 Major Enhancements List (NT8)

  #41 (permalink)
Market Wizard
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excellent

I consider 3 things very important for order flow:

- price itself
- bid / ask
- volume at bid / ask

especially the volume at bid / ask is much easier to read and visualize than looking at time & sales (tape). not to mention it's in the same window. you can actually look at bid / ask and volume at bid /ask at the same time!!

so far I haven't seen many doms offering that tool.

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  #42 (permalink)
Elite Member
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Ray, are there any plans to integrate functionality to choose the routing destination for an order? I realise NT is mostly aimed at futures traders, but this is hugely important for active equity traders. Being able to set order attributes via NT's interface would also be great (Fill or Kill, Hidden, etc.).

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  #43 (permalink)
Trading Apprentice
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NJAMC View Post
@NinjaTrader,

Ray, it is great to hear your goal for a end of Q3 public beta for NT8.

I am wondering if the NinjaScript documentation (Indicators & Strategy classes) are currently available to start planning and scheming.... I would like to look through the docs to get an idea of new features and approaches to solving tasks for the conversion of NT7 to NT8.


So does this mean that indicators we've already purchased, won't work in version 8?

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  #44 (permalink)
Elite Member
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RicG View Post
So does this mean that indicators we've already purchased, won't work in version 8?

Ray has been saying, in the many webinars on futures.io (formerly BMT) about NT 8, that no NT 7 indicator will work in 8 without a rewrite.

In some cases the rewrite will be simple, in others perhaps not. It will depend on how unconventional the code is: whether it uses undocumented features, etc.

If you bought an indicator, your vendor will need to supply an updated version, or it won't be useable.

Bob.

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  #45 (permalink)
Site Administrator
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bobwest View Post
Ray has been saying, in the many webinars on futures.io (formerly BMT) about NT 8, that no NT 7 indicator will work in 8 without a rewrite.

In some cases the rewrite will be simple, in others perhaps not. It will depend on how unconventional the code is: whether it uses undocumented features, etc.

If you bought an indicator, your vendor will need to supply an updated version, or it won't be useable.

Bob.

In fairness to @NinjaTrader, I believe you could state that in the majority of cases the code fixes will be simple (as opposed to in 'some' cases). Basically if the tool is using an advanced plot method to do something "fancy", then there is going to be a lot more work needed to make it NT8 ready. But in the grand scheme of things, those indicators are few and far between.

But you should absolutely contact all the vendors for which you own paid products, and get them to tell you of their upgrade policy and whether or not they will be charging you.

Mike

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  #46 (permalink)
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Big Mike View Post
In fairness to @NinjaTrader, I believe you could state that in the majority of cases the code fixes will be simple (as opposed to in 'some' cases). Basically if the tool is using an advanced plot method to do something "fancy", then there is going to be a lot more work needed to make it NT8 ready. But in the grand scheme of things, those indicators are few and far between.

But you should absolutely contact all the vendors for which you own paid products, and get them to tell you of their upgrade policy and whether or not they will be charging you.

Mike

I agree, and it's better to put it that way.

From what I've seen, at most a few percent will need any extensive rework. In almost all cases, just a few lines will need to be changed, from what I have gathered so far.

Also, in NT8, there will be vey complete access to the program functionality, so it will not be necessary for programmers to come up with undocumented or tricky workarounds to get something to work. Once the transition is made, it will be better all around.

Bob.

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  #47 (permalink)
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Big Mike View Post
In fairness to @NinjaTrader, I believe you could state that in the majority of cases the code fixes will be simple (as opposed to in 'some' cases). Basically if the tool is using an advanced plot method to do something "fancy", then there is going to be a lot more work needed to make it NT8 ready. But in the grand scheme of things, those indicators are few and far between.

But you should absolutely contact all the vendors for which you own paid products, and get them to tell you of their upgrade policy and whether or not they will be charging you.

Mike

Mike said it well but I would like to add:

- We had the same policy when we rolled from NinjaTrader 6.5 to NinjaTrader 7, in the end the migration was quite smooth
- Most vendors ported their products within a short amount of time
- Most scripts hosted in NinjaTrader's own forum were converted by our team around the time of launch --> We are planning on doing this for NinjaTrader 8 as well

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  #48 (permalink)
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cuenca
 
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From the PDF: "In NinjaTrader 7 Data Series would be cut at the end of the trading session and a new bar would start in
the subsequent trading session. If the new property “Break at EOD” is set to false, a tick based bar would
carry over from one session to the next.
"


I'm not sure if I understand. Does that mean that on "Point And Figure / Kagi" charts there will no longer be a new bar after the end of the session?

That was something that made P&F / Kagi unusable in NinjaTrader 7. There is a bug opened and many complaints on NT forum.

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lekter View Post
From the PDF: "In NinjaTrader 7 Data Series would be cut at the end of the trading session and a new bar would start in
the subsequent trading session. If the new property “Break at EOD” is set to false, a tick based bar would
carry over from one session to the next.
"


I'm not sure if I understand. Does that mean that on "Point And Figure / Kagi" charts there will no longer be a new bar after the end of the session?

That was something that made P&F / Kagi unusable in NinjaTrader 7. There is a bug opened and many complaints on NT forum.

You understand correctly. Optionally, there will NOT be a new bar after the end of the session. In other words, a bar can span across session boundaries. Another way to look at it, those who complained will be happy.

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  #50 (permalink)
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Equidistant bar spacing


I have just read the NinjaTrader 8 major enhancements document. I see that under ‘Multi-Series Equidistant Bar Spacing’ that the user has the ability to set the granularity for the bar spacing.
Just to make sure that I understand this, I have two questions:

1) If I was to add three periods (same instrument) to the chart 500 Tick, 1500 Tick and 4500 Tick then can I specify the granularity to be 500 Tick Bars? I would like to see the price for each period and the volume for each period on the same chart.

2) Am I correct in thinking that the bar width will be the same for all three periods displayed rather than fatter bars for the 1500 Tick bars and fatter still for the 4500 Tick bars?

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