Daily Chart on Ninja and TradeStation - Platforms and Indicators | futures io social day trading
futures io futures trading


Daily Chart on Ninja and TradeStation
Updated: Views / Replies:3,040 / 13
Created: by eone Attachments:3

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
 3  
 
Thread Tools Search this Thread
 

Daily Chart on Ninja and TradeStation

  #1 (permalink)
Elite Member
Toronto, ON
 
Futures Experience: Beginner
Platform: NinjaTrader
 
Posts: 98 since Sep 2009
Thanks: 22 given, 19 received

Daily Chart on Ninja and TradeStation

How do I get my daily charts to show the same OHLC on NinjaTrader and TradeStation? I am not too familiar with TradeStation just got it recently but I am noticing that the daily bars have different reading on both platforms. I think I did get some settings incorrectly. Grateful if I can get some help.

Thank you.

Reply With Quote
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Elite Member
Green Bay WI
 
Futures Experience: Intermediate
Platform: NT
Broker/Data: AMP/CQG
Favorite Futures: 6E
 
rpm123's Avatar
 
Posts: 321 since Apr 2010
Thanks: 337 given, 465 received



eone View Post
How do I get my daily charts to show the same OHLC on NinjaTrader and TradeStation? I am not too familiar with TradeStation just got it recently but I am noticing that the daily bars have different reading on both platforms. I think I did get some settings incorrectly. Grateful if I can get some help.

Thank you.

I believe to get an accurate daily bar in Ninja you have to use 1440 minute bars (60 minutes x 24 hours). They should match your Tradestation daily bars.

Reply With Quote
 
  #4 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,653 since Mar 2010
Thanks: 4,226 given, 25,601 received
Forum Reputation: Legendary


rpm123 View Post
I believe to get an accurate daily bar in Ninja you have to use 1440 minute bars (60 minutes x 24 hours). They should match your Tradestation daily bars.

@rpm123: This is certainly not true.

The question is what daily data you want to see. Daily data depends on

-> the definition of the trading day
-> the definition of the session (regular trading hours or electronic trading hours)
-> the decision to show either the close (last traded price) or the settlement price (VWAP of the settlement period)

If you have a quality data feed, it is likely that this data feed shows the same data as is published by the exchange.

Let us have a look at ES for CME:

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


The current front month is ES 03-12 and the CME website shows: Open 1250.25 / High 1254.50 / Low 1220.00 / Settlement 1229.25

These are basically the values that I want to see on a daily chart. If I use NinjaTrader daily charts and connect to Kinetick EOD, this is exactly what I get.

However, if I use a 1440 min chart, the result depends on the session template which I selected. Let us assume that I selected a template that reflects the trading day of ES as per contract specifications. In this case the 1440 min chart will display the correct high and low, but not the settlement price. It would show the market close, which comes at 1229.75.

I do not use tradestation, but the user manual should tell you how to retrieve ETH or RTH data and display it.

Reply With Quote
The following user says Thank You to Fat Tails for this post:
 
  #5 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,240 since Jun 2009
Thanks: 29,352 given, 83,230 received


rpm123 View Post
I believe to get an accurate daily bar in Ninja you have to use 1440 minute bars (60 minutes x 24 hours). They should match your Tradestation daily bars.

This was only true with NT 6.5 when using Zen Fire, because ZF does not support daily bars.

As of NT7, it was solved.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following user says Thank You to Big Mike for this post:
 
  #6 (permalink)
Elite Member
Toronto, ON
 
Futures Experience: Beginner
Platform: NinjaTrader
 
Posts: 98 since Sep 2009
Thanks: 22 given, 19 received


Fat Tails View Post
@rpm123: This is certainly not true.

The question is what daily data you want to see. Daily data depends on

-> the definition of the trading day
-> the definition of the session (regular trading hours or electronic trading hours)
-> the decision to show either the close (last traded price) or the settlement price (VWAP of the settlement period)

If you have a quality data feed, it is likely that this data feed shows the same data as is published by the exchange.

Let us have a look at ES for CME:

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


The current front month is ES 03-12 and the CME website shows: Open 1250.25 / High 1254.50 / Low 1220.00 / Settlement 1229.25

These are basically the values that I want to see on a daily chart. If I use NinjaTrader daily charts and connect to Kinetick EOD, this is exactly what I get.

However, if I use a 1440 min chart, the result depends on the session template which I selected. Let us assume that I selected a template that reflects the trading day of ES as per contract specifications. In this case the 1440 min chart will display the correct high and low, but not the settlement price. It would show the market close, which comes at 1229.75.

I do not use tradestation, but the user manual should tell you how to retrieve ETH or RTH data and display it.

Thank you Fat Tail.
The price on Trade Station and the Exchange are exactly the same. For instance, TF03-12 show as 731.10 (O), 739.70 (H), 710.20 (L) and 714.50 (C), which is same as Exchange. However, NinjaTrader shows as 730.20 (O), 730.70 (H), 719.80 (L) and 729.70 (C). I am using CGQ feed and using a regular daily chart.
What do I need to do to get this correct on NinjaTrader?

Thank you,
eOne

Reply With Quote
 
  #7 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,653 since Mar 2010
Thanks: 4,226 given, 25,601 received
Forum Reputation: Legendary


eone View Post
Thank you Fat Tail.
The price on Trade Station and the Exchange are exactly the same. For instance, TF03-12 show as 731.10 (O), 739.70 (H), 710.20 (L) and 714.50 (C), which is same as Exchange. However, NinjaTrader shows as 730.20 (O), 730.70 (H), 719.80 (L) and 729.70 (C). I am using CGQ feed and using a regular daily chart.
What do I need to do to get this correct on NinjaTrader?

Thank you,
eOne

@eone:

NinjaTrader is not a data feed, but a software package. The daily data displayed by NinjaTrader depends on the data feed, to which you connect NinjaTrader.

NinjaTrader comes with free Kinetick EOD data feed. I always first-connect to Kinetick and then second-connect to my broker feed. That way I get correct daily data.

On the chart below you will note that the daily chart for TF 03-12 shows the exact values from the exchange as supplied by Kinetick (which is identical to DTN/IQ feed).

I do not know to which datafeed you connected NinjaTrader, but it is obvious that your datafeed does not have quality historical EOD data.

Attached Thumbnails
Daily Chart on Ninja and TradeStation-tf-daily.png  
Reply With Quote
 
  #8 (permalink)
Elite Member
Toronto, ON
 
Futures Experience: Beginner
Platform: NinjaTrader
 
Posts: 98 since Sep 2009
Thanks: 22 given, 19 received


Fat Tails View Post
@eone:

NinjaTrader is not a data feed, but a software package. The daily data displayed by NinjaTrader depends on the data feed, to which you connect NinjaTrader.

NinjaTrader comes with free Kinetick EOD data feed. I always first-connect to Kinetick and then second-connect to my broker feed. That way I get correct daily data.

On the chart below you will note that the daily chart for TF 03-12 shows the exact values from the exchange as supplied by Kinetick (which is identical to DTN/IQ feed).

I do not know to which datafeed you connected NinjaTrader, but it is obvious that your datafeed does not have quality historical EOD data.


Thanks for your reply again FatTail. I understand. I am using CQG datafeed that is provided by AMP. I was obviously not clear in my question that is - is there a session template configuration that would impact the OHLC price display? I called CQG and they confirmed that the end of day price was the same as the Exchange. My view then was that the historicals are handled differently on NinjaTrader (my guess) so I was curious to find out what is it that I need to do to get this right. Any help is appreciated.

Thanks again,

eOne

Reply With Quote
 
  #9 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,653 since Mar 2010
Thanks: 4,226 given, 25,601 received
Forum Reputation: Legendary


eone View Post
Thanks for your reply again FatTail. I understand. I am using CQG datafeed that is provided by AMP. I was obviously not clear in my question that is - is there a session template configuration that would impact the OHLC price display? I called CQG and they confirmed that the end of day price was the same as the Exchange. My view then was that the historicals are handled differently on NinjaTrader (my guess) so I was curious to find out what is it that I need to do to get this right. Any help is appreciated.

Thanks again,

eOne

The session template has no impact on daily data. Daily data is displayed as downloaded by NinjaTrader from AMP/CQG servers. What type of data is downloaded may depend on the instrument settings as set in the instrument manager of NinjaTrader.

I have personally no experience with AMP/CQG and cannot help you with the settings.

Why don't you simply connect to Kinetick and download the free EOD data, which is correct?

Reply With Quote
 
  #10 (permalink)
Elite Member
Toronto, ON
 
Futures Experience: Beginner
Platform: NinjaTrader
 
Posts: 98 since Sep 2009
Thanks: 22 given, 19 received



Fat Tails View Post
The session template has no impact on daily data. Daily data is displayed as downloaded by NinjaTrader from AMP/CQG servers. What type of data is downloaded may depend on the instrument settings as set in the instrument manager of NinjaTrader.

I have personally no experience with AMP/CQG and cannot help you with the settings.

Why don't you simply connect to Kinetick and download the free EOD data, which is correct?

Hi FatTail,

I tried the EOD from Kinetick. The last daily bar was dated 14 Dec but the data was for Dec 13. Also, the previous days data was not a match to the Exhange data.

Thank you,

eOne

Reply With Quote

Reply



futures io > > > Daily Chart on Ninja and TradeStation

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Convert Ninja Indicators to Tradestation daytrader4 The Elite Circle 2 December 15th, 2010 05:16 PM
Indi from Tradestation to Ninja 7.. edi025 NinjaTrader Programming 5 December 11th, 2010 08:42 PM
Get TradeStation talking to Ninja with GV? drmartell Traders Hideout 5 November 1st, 2010 11:48 AM
daily ES volume chart ceramictilepro NinjaTrader 2 September 25th, 2010 05:13 AM


All times are GMT -4. The time now is 02:08 AM.

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 2017-12-14 in 0.17 seconds with 38 queries on phoenix via your IP 54.221.76.68