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Hello...i am new to trading and new to this board...i have demo-ed ninja-trader and also fire-tip...i will say that i like fire-tip better but no one seems to make indicators for this program...why is this? am i the only one who likes fire-tip...and if so..why should o stay away from it like the rest of you???
ironman ~
Can you help answer these questions from other members on NexusFi?
wow, that is sure an obscure platform... as to why people are not writing indi's for it... you should reach out to Farr Financial and ask them.. at the same time, what indicators are you looking for that the platform doesnt already have? all platforms for the most part will have the basic group of indicators that every single one has.. some will offer the ability to code your own, while others wont... as to why stick with or stay away from it... if it meets your requirements, why change?
If you have a multi-session template, do not use NinjaTrader on rollover day.
It applies false negative offsets to all sessions, but the current one. First chart shows data during as displayed during the floor session. Second chart shows data as displayed during the after-session.
Thanks for this comment. I am regularly complaining about NinjaTrader, but as long as I complain, I still believe that the product will work satisfactorily in the end. Otherwise I would have abandoned.
I know that if I go for another piece of software, I am likely just to swap old bugs for new ones.
Normally I’m not such a poster (more a stealth-type reader ), but I’m struggling with possibly changing from NinjaTrader to another program, such as MultiCharts. I hope some of the more experienced traders can provide some insight or suggestions.
First off, I’m quite satisfied with NinjaTrader 7.0, and never experienced the numerous crashes that plagued Big Mike and others on this forum. However, I’m doubtful if the backtesting features of NinjaTrader are “good enough”.
The problem is, that I would like to backtest portfolio’s of multiple instruments, and I also want to implement multiple different strategies. However, NinjaTrader offers only backtesting/optimizing/walk-forwarding on 1 instrument at the same time. This means that I can’t backtest a stock strategy which trades multiple stocks in an particular index.
Off course, I can look at the ‘Combined result’ in NinjaTrader 7, but because of that being an ‘averaging’ those performance measures can be quite misleading. Besides, I hope to develop more than one strategy, so in that case I would need to be able to test one account which trades multiple strategies. For example an stock trading strategy, and another part of the account used for forex trading. As far as I know, NinjaTrader can’t combine these strategies, which doesn’t give me a good insight in the overall account risk.
However, I’m a bit hesitant to change a platform – again. I’ve finally made some great progress in mastering the learning curve of NinjaTrader, and I’m not quite eager to change to another platform, considering the price and (even worse) the new learning curve.
Because I’m relative inexperienced regarding trading and strategy development, I’m wondering if it is really worth it to change to (for example) MultiCharts only because NinjaTrader allow doesn’t portfolio & multiple instrument backtesting, optimization, and walk-forwarding. Is portfolio backtesting really that important, or am I caught up in my own scientific/rigid thinking?
The problem with backtesting is simple - it is very very very difficult to adjust your strategy for all of the possible outcomes that may come your way/ software errors ( some of which I have only discovered today after 6 years of trading!)/ network issues,power outtages, error issues, etc , etc
I spent 2 years backtesting and gave up. i trade profitably most days.
The main reason I gave up is that there is always something else that you have forgotten or worse the Donald Rumsfeld glitch - the know unknowns and worse the unknown unknowns.
Now I forward test on sim - ie do the trades, make notes and then study the statistical outcome.
no faking - takes ages but is mostly reliable and genuine.
The one area I think that backtesting works for is something extremely definable like gaps. But don't do the work yourself - others are way ahead of you and for a small price you can let them simply give you the results ( see shodsnons journal for an example). Remember there are traders and then there are backtesters - very rarely do you see both (IMHO).
Just my 10c - others will violently disagree with me. And that is what makes a market
I use Ninja Trading (NT), I had freeze many times but not now.
Computer is crashed because I run more than two workplaces.
When I closed workplaces and run only one then there is no crash any more. Computer runs another workplaces on background so computer is very slow and crashed.
I can open many charts ( 10 charts) in workplace and many indicators and there is no crash/ freeze
I run 5 workspaces. So, It is just not a # of Workspaces problem. In my case have found that it is the workspaces get corrupted.
How, I don't care. I just have a fix.
Keep a copy of your workspace templates. I only use 2 workspace templates:
1) one for overviews, account performance, news, etc.& Recording Gom Data through Market Analyzer.
2) Four for YM, CL, 6e & ES. My CPU usage is usually about 15%
Remove all the old workspace and then copy in the saved one, one at a time. Load the overview one - which I keep in a different folder away from NT, then after the overload workspace is happy bring in the copies, again one at a time & save under each name.
This should be obvious, but figure I'd post anyway.
R.I.P. Andy Zektzer (ZTR), 1960-2010.
Please visit this thread for more information.
), but I’m struggling with possibly changing from 
