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The Truth: NinjaTrader
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The Truth: NinjaTrader

  #851 (permalink)
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Too Many Indicators

The last post by Vegas highlights another problem. Having lots of indicators does not seem to have a direct effect on performance. But as the dropdown list of indicators gets longer and longer, it becomes harder and harder to find the one you are looking for.

Especially since there is no rhyme or reason to the way in which they are named, which will dictate the (alphabetical) order in which they appear in the list. Which I have also addressed.

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The Truth:  NinjaTrader-indicator-list.png  

Last edited by Zondor; December 26th, 2011 at 05:11 PM.
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  #852 (permalink)
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Zondor View Post
The last post by Vegas highlights another problem. Having lots of indicators does not seem to have a direct effect on performance. But as the dropdown list of indicators gets longer and longer, it becomes harder and harder to find the one you are looking for.

Especially since there is no rhyme or reason to the way in which they are named, or the order in which they appear in the list. Which I have also addressed.

The order of the list of available indicators seems to be alphabetical, and the order of the list of applied indicators seems to be the order in which they were added. I name all my personal indicators 'A1...' so that they will appear at the top of the list of available indicators

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  #853 (permalink)
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vegasfoster View Post
Also, don't accumulate tons of indis that you aren't using. Delete them when you are done playing with them and you will do yourself a big favor.

what kind of big favor do you mean?

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  #854 (permalink)
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Silvester17 View Post
what kind of big favor do you mean?

means you will not be paralyzed with too many indicators.

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  #855 (permalink)
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Name calling


Quoting 
The order of the list of available indicators seems to be alphabetical, and the order of the list of applied indicators seems to be the order in which they were added. I name all my personal indicators 'A1...' so that they will appear at the top of the list of available indicators

The indicator drop down list IS alphabetical. That doesn't help if the names that appear in the list are inconsistent and randomly assigned.

If an indicator does not have a Name property, ( this.Name, assigned in Initialize() ) its class name will appear in the indicator list. (An indicator is a CLASS object that is a member of the Indicator NAMESPACE.)

Class names cannot include any spaces or punctuation marks. But the Name property is a string object that CAN include spaces and punctuation marks. It can even include ʂPĒcıĹŁ cĤăɌȀc˦ερΣ ®.

So the key to organizing your indicator list is a systematic naming convention taking advantage of the flexibility of the this.Name property. Most programmers don't bother to specify any value for this.Name.

To add to the confusion there is also the Windows FILE NAME for the cs file. The Windows file name, the class name, and the this.Name should have some consistency.


Last edited by Zondor; December 26th, 2011 at 05:01 PM.
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  #856 (permalink)
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I should have dumped NT long time ago!

I just switched to Sierra charts... IMO, for a high level trader without deep programming knowledge... it is so much better than NT. Drawback for Sierra is you need a high performance CPU as it really loads up your CPU!

At least I can breath easier now.

Wish to see expert programmers put more thoughts on Sierra...

Cheers.

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  #857 (permalink)
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javgeek View Post
I just switched to Sierra charts... IMO, for a high level trader without deep programming knowledge... it is so much better than NT. Drawback for Sierra is you need a high performance CPU as it really loads up your CPU!

At least I can breath easier now.

Wish to see expert programmers put more thoughts on Sierra...

Cheers.

Could you explain what are the advantages of Sierra Chart over NinjaTrader?

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  #858 (permalink)
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javgeek View Post
I just switched to Sierra charts... IMO, for a high level trader without deep programming knowledge... it is so much better than NT. Drawback for Sierra is you need a high performance CPU as it really loads up your CPU!

At least I can breath easier now.

Wish to see expert programmers put more thoughts on Sierra...

Cheers.

Sierra Chart is much easier on CPU load than Ninja, IMO. You must be doing something a lot different.

Sierra Chart is fast, lean, and very stable. It is extremely flexible, allowing the user many configuration options. It has built-in Excel-compatible spreadsheet studies that can do even more things, without C++ programming. And if you are a programmer, their C++ based ACSIL language will allow nearly unlimited flexibility and power. It has a hundred indicators, many chart types, many bar types. And all for less $ than Ninja. I'm never going back.


Last edited by tomgilb; December 28th, 2011 at 10:39 AM.
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  #859 (permalink)
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re

sounds like a lot of advantages of Sierra Chart over NinjaTrader.

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  #860 (permalink)
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tomgilb View Post
Sierra Chart is much easier on CPU load than Ninja, IMO. You must be doing something a lot different.

Sierra Chart is fast, lean, and very stable. It is extremely flexible, allowing the user many configuration options. It has built-in Excel-compatible spreadsheet studies that can do even more things, without C++ programming. And if you are a programmer, their C++ based ACSIL language will allow nearly unlimited flexibility and power. It has a hundred indicators, many chart types, many bar types. And all for less $ than Ninja. I'm never going back.

This statement is a bit simplified. Both NinjaTrader and SierraChart are excellent products that can be recommended. NinjaTrader is fast, lean and very stable, if you do not use fancy, CPU hungry custom indicators. Did you ever make a comparison of the features of both software packages?

You could start a new thread as this is certainly not the place to discuss Sierra Chart.

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