The Truth: NinjaTrader - NinjaTrader | futures io social day trading
futures io futures trading


The Truth: NinjaTrader
Updated: Views / Replies:198,335 / 1,059
Created: by AynRandFan Attachments:66

Welcome to futures io.

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

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

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

Reply
 66  
 
Thread Tools Search this Thread
 

The Truth: NinjaTrader

  #671 (permalink)
Elite Member
Denver, CO
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: NinjaTrader Brokerage
Favorite Futures: ES
 
NinjaTrader's Avatar
 
Posts: 1,260 since May 2010
Thanks: 153 given, 1,890 received


Fat Tails View Post
Bug #1: We did not understand each other here.

The bars with the time stamp 8:30:00, which come after the session begin return the session begin of the prior session. So if I apply GetNextBeginEnd() to that new session 8:30:00 bar, it will return yesterday 15:30:00 as the session begin, which is obviously false!

Fat Tails,

You are correct, I was not understanding you. I went back and discussed this with development/product management and concur that there is an issue. Sparing you all the granular details, we plan to have a resolution to this in our next update in the form of an additional signature for this method. Likely, this additional parameter may be a reference to the bar series which is what we need to return the correct data.

gomi,
With respect to the NT support forum post you referenced, I beleive there was also a disconnect in understanding. Thanks for bringing up this reference in this thread.

Reply With Quote
The following user says Thank You to NinjaTrader for this post:
 
  #672 (permalink)
Elite Member
Denver, CO
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: NinjaTrader Brokerage
Favorite Futures: ES
 
NinjaTrader's Avatar
 
Posts: 1,260 since May 2010
Thanks: 153 given, 1,890 received


tomgilb View Post
Ninja timestamps their bars at bar close. Maybe if they timestamped bars at bar open, as Sierra Chart and other platforms do, this issue would be moot.

Other platforms and market data services time stamp bars on the close. Off the top of my head, TradeStation, IQFeed, BarChart all time stamp on bar close like NinjaTrader does.

Reply With Quote
The following user says Thank You to NinjaTrader for this post:
 
  #673 (permalink)
Elite Member
Tucson
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: CL, TF
 
Posts: 110 since Jan 2011
Thanks: 110 given, 68 received


I am sorry to hear about your frustrations. You sound sophissticated enough to have worked with their support to help isolate and fix the issues....They suggested that my antivirus and/or shadow drive routine was cauising issues and to exclude Ninja from the scans. That fixed my issues. I do occassionally have issues in replay, but replay seems to be every platforms problem. I still like my Ninja a lot, and I hope that your frustrations don't turn too many people away from a great platform. As part of my maintenance, I do a weekly db repair, just to help make sure everything is ok.

I am curious though, what platform did you endup with???

Bob


AynRandFan View Post
This is going to be a different kind of post. A different kind of thread. Mike, in fact, might not want it here, but I'm going to put it here, because it needs to be here, and what I have to say needs to be said.

I have just removed NinjaTrader from my computer. Literally, I am done with it. I will not ever be using it ever again. I spent close to $500 buying indicators for it, and that's money wasted, as well.

The sad truth is that NinjaTrader is an unstable piece of junk. I truly wish that it wasn't a piece of junk -- really, I do. The non-stop freezing, the constant hang-ups, the complete inability of NinjaTrader to deal with any meaningful amount of tick data... all of these are deal-breakers for me.

They should also be deal-breakers for you.

Look, I run a very powerful system, here. Quad-core, 8GB of RAM, multiple monitors, cross-fired video cards, my own UPS (uninterruptable power supply) -- some of the most demanding Engineering software in the world doesn't crash my system -- but NinjaTrader somehow manages to crash itself constantly.

Listen to me:

When it comes to managing your own real money, I don't see how it can even be debated that platform stability is essential. I can not trust NinjaTrader to even run correctly -- let alone entrust it to trade for me.

The truth is that you can't trust it, either.

And if you've used it enough, you know it.

Those of you who are thinking about using NinjaTrader to automatize trading for you need to really think twice -- no joke, here. The "software" NinjaTrader sells is, in my opinion, the junkiest, buggiest, piece of amateurish crap I've seen in quite some time -- maybe all the way back to the spreadsheets of the 1980's. If I had purchased it, I would literally file a suit at law to obtain my money back -- and not because I even care about the money: this junk they're selling is pure garbage.

You, as a trader, deserve better. And you should NOT settle for this kind of shoddy, second-rate crap to trade with.

Mike, thanks for creating a very cool forum here, and thanks for all the free indicators and advice. It's a very cool thing you've put together here for everybody, no question about it.

But the sad truth is that NinjaTrader, as a platform, isn't worthy of all of this effort.

It's junk.


Reply With Quote
 
  #674 (permalink)
Elite Member
London
 
Futures Experience: None
Platform: MC & Ninja mainly
 
Posts: 130 since Jan 2010
Thanks: 3 given, 47 received


MetalTrade View Post
hi

it's not a problem in the coding it's a problem in the deal NT made because of the patent with TT

I think that's what NT is trying to say

Such a shame with a patent that was always pretty dubious imho. I can completely understand why ninja acquiesced, some much larger companies got embroiled in what I guess was expensive litigation.

It always struck me very like the Microsoft Apple look and feel lawsuits where A court ruled that, Apple could not get patent-like protection for the idea of a graphical user interface. Just as there was nothing new with a DOM there was nothing new in Apple & MS's operating systems (Xerox had done it all before). Seems to me a DOM is very much a Graphical User Interface.

I also seem to remember that TT pursued the exchanges at one point asking for a surcharge on every single transaction. Their argument being that as the exchange could not sure that any particular trade infringed there (dubious) patent they should extract a fee from all trades and pass it on just to be safe. (The threat was just to be safe from litigation of course).

OK, I'll get off my soapbox now.

Reply With Quote
 
  #675 (permalink)
Elite Member
London
 
Futures Experience: None
Platform: MC & Ninja mainly
 
Posts: 130 since Jan 2010
Thanks: 3 given, 47 received


Mindset View Post
As a balance to this harsh treatment of NT.... what else is out there that does all this backtesting stuff that you want to do?

snip

To be fair most 'off the shelf' packages have various issues of one sort or the other dealing with tick data properly (especially historical). Ninja is what it is. If you want to work at tick level precision your choices are fairly limited. Having said that 'robust' trumps all imho!

Reply With Quote
 
  #676 (permalink)
Elite Member
Bala, PA, USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Mirus, IB
Favorite Futures: SPY, Oil, Euro
 
monpere's Avatar
 
Posts: 1,858 since Jul 2010
Thanks: 300 given, 3,276 received


NickA View Post
Such a shame with a patent that was always pretty dubious imho. I can completely understand why ninja acquiesced, some much larger companies got embroiled in what I guess was expensive litigation.

It always struck me very like the Microsoft Apple look and feel lawsuits where A court ruled that, Apple could not get patent-like protection for the idea of a graphical user interface. Just as there was nothing new with a DOM there was nothing new in Apple & MS's operating systems (Xerox had done it all before). Seems to me a DOM is very much a Graphical User Interface.

I also seem to remember that TT pursued the exchanges at one point asking for a surcharge on every single transaction. Their argument being that as the exchange could not sure that any particular trade infringed there (dubious) patent they should extract a fee from all trades and pass it on just to be safe. (The threat was just to be safe from litigation of course).

OK, I'll get off my soapbox now.

I don't know how TT was able to get away with this. I have always been personally outraged by that idea, it is downright extortion, and for that I will never use any TT product. If we all boycott them, then let's see how much their patent is worth.

Reply With Quote
 
  #677 (permalink)
Membership Revoked
 
Futures Experience: Beginner
 
Posts: 1,081 since May 2010
Thanks: 2,092 given, 595 received

Monpere, I have to disagree with you.

They invented the DOM.

How would you feel when you think and create something and then your competitor says: oh this is nice, let me program the same. That's not how Intellectual Copyright works in our Western world.

Copying everybody else ideas works in other countries but it's resulting in lack of innovation.

Last time we got something useful newly invented from China was 1500 years ago.

Reply With Quote
The following 2 users say Thank You to MetalTrade for this post:
 
  #678 (permalink)
Elite Member
Bala, PA, USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Mirus, IB
Favorite Futures: SPY, Oil, Euro
 
monpere's Avatar
 
Posts: 1,858 since Jul 2010
Thanks: 300 given, 3,276 received


MetalTrade View Post
Monpere, I have to disagree with you.

They invented the DOM.

How would you feel when you think and create something and then your competitor says: oh this is nice, let me program the same. That's not how Intellectual Copyright works in our Western world.

Copying everybody else ideas works in other countries but it's resulting in lack of innovation.

Last time we got something useful newly invented from China was 1500 years ago.

I understand that they are in business to make money, and have the right to profit for their original work, but I think the TT leadership have a predator mentality, trying to wield legal advantage to squeeze money out of every avenue they can think of. Going as far as trying to charge the exchanges just because the end user may or may not be using a static dom? That is not just capitalistic anymore, that is predatory. Who do you think is paying for all those fees they are charging? And, I think we can all agree that TT is not charging everybody and their brother because they want to foster innovation from their competitors, they just want to rape everybody.


Last edited by monpere; April 4th, 2011 at 09:52 AM.
Reply With Quote
 
  #679 (permalink)
Elite Member
Houston,Tx
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Mirus Futures/Zen-Fire
Favorite Futures: TF
 
ThatManFromTexas's Avatar
 
Posts: 2,302 since Feb 2010
Thanks: 1,208 given, 4,293 received


MetalTrade View Post
Monpere, I have to disagree with you.

They invented the DOM.

How would you feel when you think and create something and then your competitor says: oh this is nice, let me program the same. That's not how Intellectual Copyright works in our Western world.

Copying everybody else ideas works in other countries but it's resulting in lack of innovation.

Last time we got something useful newly invented from China was 1500 years ago.

@MetalTrade

I agree with you... as long as the patent is legitimate.

Case in point;

NTP filed suit against RIM (BlackBerry) for $1 billion dollars and got an injunction that would have forced RIM to stop doing business in the US until the suit was settled. The suit hinged on an obscure patent that NTP had bought.

Facing being shutdown, RIM settled the case for $615 million.

Several weeks later the patent office issued its second final rejection on NTP's patents -- meaning that it was almost to the point where the patents were ruled invalid.

I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"

Last edited by ThatManFromTexas; April 4th, 2011 at 09:26 AM. Reason: piss poor typing
Reply With Quote
 
  #680 (permalink)
Membership Revoked
 
Futures Experience: Beginner
 
Posts: 1,081 since May 2010
Thanks: 2,092 given, 595 received


Yes, I agree it's not an easy call.

But in the case of the DOM. It's clearly an invention by Trading Technologies and copied without shame by anybody who makes a trading program.

I hate paying the extremely high x-trader fee, but the X-trader dom works just so darned good. I understand they sue anybody around there about it. I would do just the same when everybody in the business copied my idea, and if I would have the funds for it. You could also reverse it, and say x-trader is so expensive because they have to sue everybody.

Reply With Quote
The following user says Thank You to MetalTrade for this post:

Reply



futures io > > > > The Truth: NinjaTrader

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
The Truth: MultiCharts Fat Tails MultiCharts 32 September 10th, 2012 04:49 AM
Daytrading - The Pain, Truth, and Redemption Rudy52 Elite Trading Journals 18 February 12th, 2011 07:08 AM
Easy Language to NT/ Futures truth gg80108 NinjaTrader Programming 5 November 21st, 2010 11:04 AM
Can NinjaTrader data be stored other than \My Documents\NinjaTrader 6.5 tc12357 NinjaTrader 4 December 15th, 2009 02:55 PM


All times are GMT -4. The time now is 03:11 PM.

Copyright © 2017 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
Page generated 2017-12-11 in 0.17 seconds with 20 queries on phoenix via your IP 54.226.172.30