Unbelievable arguments NinjaTrader Product Management - futures io
futures io futures trading



Unbelievable arguments NinjaTrader Product Management


Discussion in NinjaTrader

Updated
      Top Posters
    1. looks_one TCust with 10 posts (0 thanks)
    2. looks_two Big Mike with 2 posts (2 thanks)
    3. looks_3 Fat Tails with 2 posts (1 thanks)
    4. looks_4 traderwerks with 1 posts (0 thanks)
    1. trending_up 2,847 views
    2. thumb_up 3 thanks given
    3. group 4 followers
    1. forum 15 posts
    2. attach_file 1 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

Unbelievable arguments NinjaTrader Product Management

(login for full post details)
  #1 (permalink)
Honduras
 
 
Posts: 15 since Jan 2011
Thanks: 0 given, 0 received

Dear Traders !

Who trade through Interactive Brokers, please support this thread in Ninja forum, that they fix IB adapter. Many traders download history from IB, and not want useless to spend money on External DataFeed.

IB intraday history from 2009 year and NJ 8 - NinjaTrader Support Forum

Thanks who responds

Reply With Quote

Journal Challenge February 2021 results:
Competing for $1500 in prizes from Topstep
looks_oneSBtrader82 's Trading Journalby SBtrader82
(173 thanks from 31 posts)
looks_twoJust BEING a Trader: Letting Go!!by iqgod
(120 thanks from 33 posts)
looks_3Wisdom is Emptinessby Mtype
(68 thanks from 25 posts)
looks_4Deetee’s DAX Trading Journal (time based)by Deetee
(35 thanks from 17 posts)
looks_5Journal for peanuts1956by peanuts1956
(23 thanks from 13 posts)
 
 
(login for full post details)
  #2 (permalink)
Market Wizard
Berlin, Europe
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
Trading: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,855 since Mar 2010
Thanks: 4,238 given, 26,728 received


TCust View Post
Dear Traders !

Who trade through Interactive Brokers, please support this thread in Ninja forum, that they fix IB adapter. Many traders download history from IB, and not want useless to spend money on External DataFeed.

IB intraday history from 2009 year and NJ 8 - NinjaTrader Support Forum

Thanks who responds


NinjaTrader 8 is just beta, and this is probably not a priority.

I just tested downloading historical stock data (1-minute data) from Interactive Brokers for January 2010.

It was no problem at all.

Please use the Historical Data Manager Tools -> Historical Data and download the data as needed.

You may need to adjust the amount of data loaded at the same time to comply with pacing violations, but it is definitely possible to download the data.

I have experienced similar pacing violations with other platforms.

Reply With Quote
 
(login for full post details)
  #3 (permalink)
Honduras
 
 
Posts: 15 since Jan 2011
Thanks: 0 given, 0 received


Hello Fat Tails

You not can physically download history more then 1 years, this is absolutely "pacing violation", see picture I download AAPL|ISLAND 1 year, and have "pacing violation" on 10 minute, sorry not on English.

IB have "pacing violation" after 60 request, maximal days per reques +-5.

I write on NJ forum that download block's with 8 month, with this size not have "pacing violation" if one download and wait 10 minutes.

Problem next, I trade on Nasdaq and Xetra ( CHIXDE ), on Nasdaq 100 ticker's, and on Xetra 30. All last night I download manual in NJ tickers from 2010, instead of start to download ticker's and go to sleep, Ninja manager delete this message.

Some time need redownload history from IB server, that have clear quality history. All know that this 100% "pacing violation" if download ticker list, 1-2 ticker's download, all other rejected, and you don't know what download what not.

If you're all silent, they will not do anything in adapters, and sales 3-rd datafeed trustful trader's

About beta and priority, if you can see Release Notes, they only fix their bugs, I not see any improvements that traders write on their forums and what need in NJ 8

Sorry my english not good.

Attached Thumbnails
Click image for larger version

Name:	PacingVIOL.PNG
Views:	63
Size:	23.2 KB
ID:	193903  
Reply With Quote
 
(login for full post details)
  #4 (permalink)
Honduras
 
 
Posts: 15 since Jan 2011
Thanks: 0 given, 0 received

In this case, traders act only as free labor to find their bugs, nothing that you need to NJ8 you was not see if anyone has not guessed

Reply With Quote
 
(login for full post details)
  #5 (permalink)
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
 
Big Mike's Avatar
 
Posts: 49,763 since Jun 2009
Thanks: 32,302 given, 97,534 received


TCust View Post
In this case, traders act only as free labor to find their bugs, nothing that you need to NJ8 you was not see if anyone has not guessed

I believe you have your answer. NinjaTrader doesn't support this.

If you would rather switch platforms than buy a quality data feed, Sierra Chart does support automatic pacing for IB data.

The obvious answer is don't use IB for data. Their data is terrible. If you are serious about trading, have a serious data feed. If you aren't serious, then why do you need so much historical data. Decide what your priorities are.

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to Big Mike for this post:
 
(login for full post details)
  #6 (permalink)
Honduras
 
 
Posts: 15 since Jan 2011
Thanks: 0 given, 0 received

Yes Big Mike, I all see and know, I trade since 1995 year.

Just my attempt to do a little better IB adapter for traders.

IB data in some cases, more suitable and low cost for trading ( example direct routing stock, small amount of ticker, nonUS exchange and other... ), than other 3-rd datafeed, so how is data from broker.

Last time in my computer more work SC and AMI.

Ps. Do not assume that the data from the IB is terrible, they are in some cases much better than what is now available to traders, spikes from ECN in IQFeed and only US stock's, negative price from ESignal and data delayed in RT from few minutes, IB is a broker, this other level responsibility than 3-rd datafeed.

Reply With Quote
 
(login for full post details)
  #7 (permalink)
Honduras
 
 
Posts: 15 since Jan 2011
Thanks: 0 given, 0 received

All is not gold that glitters.

All is not sold for big money is something useful and optimal for the trader, and it applies to programs and data feeds.

This is purely my opinion.

Reply With Quote
 
(login for full post details)
  #8 (permalink)
Honduras
 
 
Posts: 15 since Jan 2011
Thanks: 0 given, 0 received

Thank Duckthwaider

Reply With Quote
 
(login for full post details)
  #9 (permalink)
Taipei Taiwan
 
Experience: Advanced
Platform: NinjaTrader
Broker: AMP Clearing
Trading: TW
 
Posts: 693 since Jun 2009
Thanks: 434 given, 464 received

I don't think this is really a high priority issue for NT and I agree with them. There are a lot of other things that would be much more useful than the ability to download lots of free data in NT8.

One of the reasons IB limits the amount of date ( data pacing ) is so they can provide data for free. IB wants you to download a limited amount of data at a time. If you want a lot of data, maybe pay for a data service or use an IB data downloader and import the data into NT.

There is a saying, "You get what you pay for". IB data is cheap for a reason.

Math. A gateway drug to reality.
Reply With Quote
 
(login for full post details)
  #10 (permalink)
Honduras
 
 
Posts: 15 since Jan 2011
Thanks: 0 given, 0 received


You are incorrect, about free IB data.

I buy data from Exchange, and I subscribe on Exchange through IB, so work all datafeed.

Reasons IB limits, that not overload IB datafeed, that is broker. But it does not mean that IB datafeed terrible.

Reply With Quote
 
(login for full post details)
  #11 (permalink)
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
 
Big Mike's Avatar
 
Posts: 49,763 since Jun 2009
Thanks: 32,302 given, 97,534 received

IB's data is terrible because of the pacing and more importantly because of the snapshot data. Stop defending your decision to be cheap and move on...



Sent from my phone

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #12 (permalink)
Honduras
 
 
Posts: 15 since Jan 2011
Thanks: 0 given, 0 received

Big Mike, my minimal interval 1 minutes.

1. What the history data have IQFeed from stock ? > IQFeed have consolidated data from all ECN and Exchange.
2. Why I need clear exchange history data from ISLAND and NYSE without other ECN ? > I send my order directly on this exchange
3. Clear exchange data ( and history ) from ISLAND and NYSE other than consolidated data with other ECN ? > Absolutely
4. Who have clear exchange history data from ISLAND and NYSE > IB 2$ in month, Esignal minimum 102$ in month, Reuters Eikon minimum 150$ in month, Bloomberg...
5. Ninjatrader and other popular trader software can may filter ticks, bid/ask only from ISLAND and NYSE without other ECN from IQFeed > not can
6. IQFeed have European and Asian stock exchange > not have
7. But why I not use Esignal > LOL ...
...
...
...
... Sorry my English not good for big discuss, IQFeed for example

I repost duckthwaider from Ninja forum
----
Hi,

frankly, even though I've been happy with NT so far, NT's handling of IB's historical data feed has me seriously thinking of changing my trading platform, at least for FX. I use Kinetick for data backup and also for historical data, but for my FX trading, I'm really unhappy with their historical data. FX data unfortunately are largely broker dependent, and as Kinetick's FX data are supplied by FXCM, there are huge discrepancies between their data and IB's, leading to unreliable backtests. In case anyone should argue why don't I trade FX through FXCM: that's not an option, for various reasons.
----

I understand duckthwaider ? > Absolutley

What about ...move on ?

Ps. I really have bad english for discuss sorry, but this does not mean that we ( I and other people ) should sit and wait NJ9 in 2020 year.

Reply With Quote
 
(login for full post details)
  #13 (permalink)
Market Wizard
Berlin, Europe
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
Trading: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,855 since Mar 2010
Thanks: 4,238 given, 26,728 received

IB data is cheap, but comes with several limitations

-> no historical tick data: you cannot populate tick, volume, range and Renko charts

-> real-time data is condensed: price changes intra-bar are delayed

-> real-time volume is generally false: volume indicators cannot be used

In my opinion IB data is not suited for professional day trading, but I always connect to a data feed first and then to Interactive Brokers.

Reply With Quote
The following user says Thank You to Fat Tails for this post:
 
(login for full post details)
  #14 (permalink)
Honduras
 
 
Posts: 15 since Jan 2011
Thanks: 0 given, 0 received

Why I will not argue with you, I understand that you need a tick.

But you must admit that there are have different categories of traders, some traded on ticks, some minutes, some just do on the daily chart.

Those who trade on the daily chart, should be a complete lamer, but it is not among them, too, there are professional traders.

The whole point is what the trader uses the technique of trading and analysis, and someone like that.

Already we now have two traders, with "bad user experience", in classification NinjaTrader Product Management, but we have, and other traders who need the normal data download through the IB.

Reply With Quote
 
(login for full post details)
  #15 (permalink)
Christchurch, New Zealand
 
Experience: Beginner
Platform: SC
Broker: IB, BC, Dx Feed
Trading: US Equities
 
Neo1's Avatar
 
Posts: 428 since Jul 2014
Thanks: 471 given, 499 received


TCust View Post
Big Mike, my minimal interval 1 minutes.

1. What the history data have IQFeed from stock ? > IQFeed have consolidated data from all ECN and Exchange.
2. Why I need clear exchange history data from ISLAND and NYSE without other ECN ? > I send my order directly on this exchange
3. Clear exchange data ( and history ) from ISLAND and NYSE other than consolidated data with other ECN ? > Absolutely
4. Who have clear exchange history data from ISLAND and NYSE > IB 2$ in month, Esignal minimum 102$ in month, Reuters Eikon minimum 150$ in month, Bloomberg...
5. Ninjatrader and other popular trader software can may filter ticks, bid/ask only from ISLAND and NYSE without other ECN from IQFeed > not can
6. IQFeed have European and Asian stock exchange > not have
7. But why I not use Esignal > LOL ...
...
...
...
... Sorry my English not good for big discuss, IQFeed for example

I repost duckthwaider from Ninja forum
----
Hi,

frankly, even though I've been happy with NT so far, NT's handling of IB's historical data feed has me seriously thinking of changing my trading platform, at least for FX. I use Kinetick for data backup and also for historical data, but for my FX trading, I'm really unhappy with their historical data. FX data unfortunately are largely broker dependent, and as Kinetick's FX data are supplied by FXCM, there are huge discrepancies between their data and IB's, leading to unreliable backtests. In case anyone should argue why don't I trade FX through FXCM: that's not an option, for various reasons.
----

I understand duckthwaider ? > Absolutley

What about ...move on ?

Ps. I really have bad english for discuss sorry, but this does not mean that we ( I and other people ) should sit and wait NJ9 in 2020 year.

So you want to use IB data because you're only only routing orders through island/NYSE, and don't want to use IQ feed because they only offer a consolidated/ complete feed from all exchanges. You also require stock data from EU/Asian markets that IQ feed does not support.

It sounds like your best solution is to use Esignal data, or change platform.

"Free markets work because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or incentives for skill. The strategy is, then, to tinker as much as possible and try to collect as many Black Swan opportunities as you can"
Reply With Quote
 
(login for full post details)
  #16 (permalink)
Honduras
 
 
Posts: 15 since Jan 2011
Thanks: 0 given, 0 received

Neo1 the problem is much more complex.

Who uses ESignal, a fairly good understanding of the ratio price/quality this datafeed.

I am now more interested in another, does Ninja managers ( decision maker ) who fully understand what I wrote and Duckthwaider, or their level - Waiting 10+ minutes for data is a bad user experience.

Though of course this may be a veiled wording to cut off IB traders, we'll see.

Reply With Quote


futures io Trading Community Platforms and Indicators NinjaTrader > Unbelievable arguments NinjaTrader Product Management


Last Updated on September 27, 2015


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
 

Journal Challenge w/$1500 prizes from Topstep!

February
 

Battlestations! Show us your trading desk - $1,500 in prizes!

March
 

Call Option Buying: The New Pain Trade? w/Carley Garner

Elite only
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
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.
no new posts