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The Truth: NinjaTrader


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The Truth: NinjaTrader

  #471 (permalink)
 MetalTrade 
 
Posts: 1,055 since May 2010

Allright, but where is the answer to my question ?

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  #472 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
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  #473 (permalink)
kekkis
Norway
 
Posts: 6 since Jun 2009
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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.

If your ninja 6.5 is crashing all the time one reason is your machine maybe have faulty memory, check with memory testing software your bios test sometimes can't find. I had this kind of situation.
I have four years old machine and ninja is stabile 6.5 and 7. lot of charts and back days, 1.5GB memory.

I agree Ninja Support is terrible, but ninjas programming language is best.

Generally I never use latest machine,operating systems or software for production for me or my customers.
Because there is allways some bugs, i start using them,when they proof to be production quality.

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  #474 (permalink)
 MetalTrade 
 
Posts: 1,055 since May 2010


kekkis View Post
If your ninja 6.5 is crashing all the time one reason is your machine maybe have faulty memory, check with memory testing software your bios test sometimes can't find. I had this kind of situation.
I have four years old machine and ninja is stabile 6.5 and 7. lot of charts and back days, 1.5GB memory.

I agree Ninja Support is terrible, but ninjas programming language is best.

Generally I never use latest machine,operating systems or software for production for me or my customers.
Because there is allways some bugs, i start using them,when they proof to be production quality.

While I understand that for some people NT isn't crashing daily. It is for me almost daily. When I run MC it's never crashing. It has nothing to do with OS or Memory. NT is just not a stable program. NT7 is better than NT6.5, but still not there.

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  #475 (permalink)
 
Fat Tails's Avatar
 Fat Tails 
Berlin, Europe
Market Wizard
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts
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Here is another little problem. I applied a default SMA to smooth a Current Session VWAP. The smoothed version was completely off the Current Session VWAP, because the standard SMA of NinjaTrader does not work properly, if used with another indicator:



Had to recode my SMA. Also will have to recode other flawed indicators, as they show the same behaviour.

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  #476 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
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Duration: Weeks
Posts: 50,440 since Jun 2009
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Fat Tails View Post
Here is another little problem. I applied a default SMA to smooth a Current Session VWAP. The smoothed version was completely off the Current Session VWAP, because the standard SMA of NinjaTrader does not work properly, if used with another indicator:



Had to recode my SMA. Also will have to recode other flawed indicators, as they show the same behaviour.



I am curious what NT support says about this?

Mike

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  #477 (permalink)
 
Fat Tails's Avatar
 Fat Tails 
Berlin, Europe
Market Wizard
 
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Big Mike View Post


I am curious what NT support says about this?

Mike

I have had a similar problem with the Stochastics some time ago. I think they never understood the problem.

Bug in Stochastics Oscillator - [AUTOLINK]NinjaTrader[/AUTOLINK] Support Forum


The rounding errors do not occur, when you apply the indicator to price, but they show up when using an indicator on another indicator. So this becomes tricky with NT7.

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  #478 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,440 since Jun 2009
Thanks Given: 33,207
Thanks Received: 101,599

Sounds exactly same as problem I reported over a year ago and was told it would be fixed in NT 7 lol.

Good luck.

Sent from my DROIDX using Tapatalk

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  #479 (permalink)
kekkis
Norway
 
Posts: 6 since Jun 2009
Thanks Given: 1
Thanks Received: 1


MetalTrade View Post
While I understand that for some people NT isn't crashing daily. It is for me almost daily. When I run MC it's never crashing. It has nothing to do with OS or Memory. NT is just not a stable program. NT7 is better than NT6.5, but still not there.

I have run ninja 6.5 over 4 years no crahing problems in five different PC's, and one Mac under virtual machine.

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  #480 (permalink)
 MetalTrade 
 
Posts: 1,055 since May 2010



Big Mike View Post

I am curious what NT support says about this?

Mike

That they can't reproduce the error.

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