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Ask Me Anything (AMA) with Raymond Deux (CEO of NinjaTrader)
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Ask Me Anything (AMA) with Raymond Deux (CEO of NinjaTrader)

  #101 (permalink)
Elite Member
Calgary, Alberta
 
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Platform: NinjaTrader 8
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Howard Roark View Post
Hello, Raymond,

Any chance you and your team would consider upgrading the DOM with features such that it resembles the functionality of Jigsaw and Sierra Charts?

Basically additional columns where you can see most recent orders transacted at the bid or offer is what I personally would consider the most important.

For example, if the inside bid/offer is 99,50/99,75, a column could display that after this price became the inside market, 500 contracts have traded at the bid and 250 at the offer. With the current DOM you can't see this unless you're very good at mental arithmetics and can see what's added to the histogram. The only thing you can see now is the resting bids/offers which are continuously changing and not reflecting what's actually transacted.

I think Jigsaw offers the option to clear these columns by pushing a button. Alternatively after some user selected period, i.e., clear after 10-100 seconds. I also think in Jigsaw it clears after moving away from this price (with a filter of 2,5 seconds).

The volume histogram was a huge improvement in NT8, but some more additional detail would be so much better. And it would save us loyal customers not having to buy additional software.

Thanks.

Howard

I wrote my own a little while ago that basically does just that. If @NinjaTrader included this as part of NT8 I am sure it would be more functional than mine. I am sure they will start to level up NT8 moving forward.

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  #102 (permalink)
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@ Germany
 
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CQG - 200ms delay

Hallo Raymond,

the CQG connection guide (NT7 + NT8) mentioning a delay for the stop- and target order submission.

=> "There will be an approximated 200ms delay between submission of strategy based stop and target orders."

Do you want to emphase that the successfull active entry order acknowledgment triggers the stop/target order submission?
I think the stop/target order submission is managed by local NT app and not from NT servers, right?
How do you determine the the 200ms value (i think the exact time must be ENTRY_ACK_TIME(EXCHANGE -> Local) + STOP_TARGET_TRANSMIT_TIME(Local -> Exchange)?

Isn't it possible to transfer native OCO information to the CQG servers? I want that the stop/target orders are submitted at a prior stage (from CQG server or even better from exchange).

@sam028 @mattz: with direct use of CQG or Rithmic API that issue is a non brainer, right?


Last edited by Koepisch; September 14th, 2018 at 01:14 PM. Reason: Question to Sam028,mattz
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  #103 (permalink)
 Vendor: www.ninjatrader.com 
Denver, CO
 
Futures Experience: Advanced
Platform: NinjaTrader
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Koepisch View Post
Hallo Raymond,

the CQG connection guide (NT7 + NT8) mentioning a delay for the stop- and target order submission.

=> "There will be an approximated 200ms delay between submission of strategy based stop and target orders."

Do you want to emphase that the successfull active entry order acknowledgment triggers the stop/target order submission?
I think the stop/target order submission is managed by local NT app and not from NT servers, right?
How do you determine the the 200ms value (i think the exact time must be ENTRY_ACK_TIME(EXCHANGE -> Local) + STOP_TARGET_TRANSMIT_TIME(Local -> Exchange)?

Isn't it possible to transfer native OCO information to the CQG servers? I want that the stop/target orders are submitted at a prior stage (from CQG server or even better from exchange).

@sam028: with direct use of CQG or Rithmic API that issue is a non brainer, right?

  • Stops and targets are submitted once entry order is part filled or filled
  • Stop is submitted first then paired target order 200 ms later as measured locally (a technical requirement in working with the specific CQG API we use)
  • The orders are working at the exchange
  • The OCO linkage is held and managed by CQG servers

Disclosure: This communication is sent to you by NinjaTrader, LLC, a software development company which owns and supports all proprietary technology relating to and including the NinjaTrader trading platform.
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  #104 (permalink)
Administrator: Retired Backtester
 Vendor: speedytradingservers.com 
Rennes France
 
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Koepisch View Post
Hallo Raymond,

the CQG connection guide (NT7 + NT8) mentioning a delay for the stop- and target order submission.

=> "There will be an approximated 200ms delay between submission of strategy based stop and target orders."

Do you want to emphase that the successfull active entry order acknowledgment triggers the stop/target order submission?
I think the stop/target order submission is managed by local NT app and not from NT servers, right?
How do you determine the the 200ms value (i think the exact time must be ENTRY_ACK_TIME(EXCHANGE -> Local) + STOP_TARGET_TRANSMIT_TIME(Local -> Exchange)?

Isn't it possible to transfer native OCO information to the CQG servers? I want that the stop/target orders are submitted at a prior stage (from CQG server or even better from exchange).

@sam028 @mattz: with direct use of CQG or Rithmic API that issue is a non brainer, right?

I didn't tested this case myself so I can't say for sure.
I had cases in the past with news traders unhappy with some trades and had to analyze if the communication latency was too high from their VPS and in each cases the stop was triggered much more quickly than these 200 ms.

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  #105 (permalink)
Trading Apprentice
Genova Italy
 
Futures Experience: None
Platform: Amibroker Ninjatrader
Favorite Futures: Dax
 
Posts: 10 since Jan 2018
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NinjaTrader View Post
  • Stops and targets are submitted once entry order is part filled or filled

does it mean that if a pending order is filled while my Ninja is offline I will not be protected by stop managed by ATM?

it seems a nightmare, what can we do to be safe?

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  #106 (permalink)
 Vendor: www.ninjatrader.com 
Denver, CO
 
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BMM73 View Post
does it mean that if a pending order is filled while my Ninja is offline I will not be protected by stop managed by ATM?

it seems a nightmare, what can we do to be safe?


Yes, that's what it means and its not a problem at all since our customers are active traders that keep NinjaTrader online. If you have intentions of trading in a manner where you wish to turn off your trading platform, then I suggest submitting a stop order 1st, then a limit entry order. You would be safe to the downside with this approach.

Disclosure: This communication is sent to you by NinjaTrader, LLC, a software development company which owns and supports all proprietary technology relating to and including the NinjaTrader trading platform.
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  #107 (permalink)
Trading Apprentice
Genova Italy
 
Futures Experience: None
Platform: Amibroker Ninjatrader
Favorite Futures: Dax
 
Posts: 10 since Jan 2018
Thanks: 1 given, 0 received


NinjaTrader View Post
Yes, that's what it means and it's not a problem at all since our customers are active traders that keep NinjaTrader online. If you have intentions of trading in a manner where you wish to turn off your trading platform, then I suggest submitting a stop order 1st, then a limit entry order. You would be safe to the downside with this approach.

I don't wish to turn off my platform, I am thinking about internet connection issues or other technical failures.

There is a way to automatize the approach you suggest to be used instead of vulnerable ATM strategies?

Is Ninjatrader going to fix this vulnerability of ATM strategies in the next future?

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  #108 (permalink)
 Vendor: www.ninjatrader.com 
Denver, CO
 
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BMM73 View Post
I don't wish to turn off my platform, I am thinking about internet connection issues or other technical failures.

There is a way to automatize the approach you suggest to be used instead of vulnerable ATM strategies?

Is Ninjatrader going to fix this vulnerability of ATM strategies in the next future?

This is the best way if you are concerned about it. What I can say is in fifteen years of operation with north of several hundred thousand traders who have used the product, this corner case scenario has not been an issue. NinjaTrader is a client side application and thus is subject to any number of client side variables such as loss of internet connection, hardware vulnerabilities and local power outages.

Disclosure: This communication is sent to you by NinjaTrader, LLC, a software development company which owns and supports all proprietary technology relating to and including the NinjaTrader trading platform.
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  #109 (permalink)
Administrator: Retired Backtester
 Vendor: speedytradingservers.com 
Rennes France
 
Futures Experience: Advanced
Platform: NinjaTrader
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Favorite Futures: Futures
 
sam028's Avatar
 
Posts: 3,460 since Jun 2009
Thanks: 3,657 given, 4,129 received


BMM73 View Post
I don't wish to turn off my platform, I am thinking about internet connection issues or other technical failures.

There is a way to automatize the approach you suggest to be used instead of vulnerable ATM strategies?

Is Ninjatrader going to fix this vulnerability of ATM strategies in the next future?

The ATM logic is help on the platform itself, it's not a vulnerability it is how it works.
An ATM is like a strategy, it's getting incoming data and use its internal logic to take buy/sell decisions, if you power off your desktop the strategy won't do its job.

Success requires no deodorant! (Sun Tzu)
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  #110 (permalink)
Elite Member
Valencia
 
Futures Experience: Intermediate
Platform: ninjatrader
Favorite Futures: dax,Cl,Ym,Es
 
Posts: 6 since Jun 2016
Thanks: 26 given, 0 received



NinjaTrader View Post
Howard,

Thanks for reaching out. My team is looking at enhancing the existing Volume column to provide more flexibility in how a trader might want to visualize the data. Stay tuned.


Hello, definitely the Dom needs an update to be able to see the inside bid / offer and the market orders trades at that price like jigsaw style, sierra chart, Atas .......

It would be a great move for those of us who use the Dom

Will the update be possible?

Thanks

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