Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
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 for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
NT 7.0.0.20 connected to Interactive Brokers. Below is shown the volume before and after reloading data. The problem can be either linked to Interactive Brokers or to NinjaTrader.
Does anybody use another front-end with Interactive Brokers and has found similar discrepancies? NT 7.0.0.20 with IB is competely unreliable.
How do you want to trade if you trade off such volume information?
The following 2 users say Thank You to Fat Tails for this post:
I'm thinkin the problem is IB, I don't really know, but to me it looks like it was filtered after the fact. I don't use volume, but range bars will change after reloading as well.
I used MC with IB for a couple of years, and noticed small issues related to volume, but never anything so blatantly off - seeing that kind of volume afterhours should ring an alarm bell and warrant further investigation. The issues I'd see were usually related to daily volume. But IB has always stated that volume is estimated. That being said, I was never really able to pinpoint who was at fault.
I don't trust any of my brokers for data. They're in the biz of adding clients and squeezing profits, so occasionally their growth of new clients will exceed infrastructure growth. I prefer to use a vendor that focuses on data for data, and just use the brokers for execution.
Now in the brief time I've been here, I've noticed you find needles in haystacks repeatedly. (I'm more of a "hand grenade close" kind of guy) You should really get a dedicated datafeed.
The following user says Thank You to Snoop for this post:
I actually know this. So far worked well for me, but I guess I need a change.
If someone else experiences the same problem with another front end, it would be easier to dump that data feed. Otherwise, I have to check myself. Actually I think
- that the datafeed is bad
- and that NinjaTrader adds additional errors
At least there is possibility that the two errors cancel out *).
*) I always keep my losing positions as long as possible.
The following user says Thank You to Fat Tails for this post:
Looks more like an entire cow, which is sitting in that haystack. Do not how she managed to get there, maybe she just kept her position thinking that it was finally not so bad that the haystack moved over to her.
LOL! I used to work for a company developing autotrading programs: developers would refer to problems as bugs, and I would respond, "It's infested with cucarachas!!!"
In the meantime I have tested the volume data displayed by NinjaTrader/IB against the volume data displayed by Amibroker/IB.
Result: It was exactly the same crap. The culprit is therefore Interactive Brokers, as the API does not transmit clean volume data. It was not a NinjaTrader problem.
I would still be happy if anybody can send a screenshot with MultiChart/IB real-time volume data for ES.