[Other] platform comparison - Platforms and Indicators | futures io social day trading
futures io futures trading


platform comparison
Updated: Views / Replies:1,701 / 4
Created: by Gisfor Attachments:0

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
 
Thread Tools Search this Thread
 

platform comparison

  #1 (permalink)
Trading Apprentice
chicago il USA
 
Futures Experience: Intermediate
Platform: TOS
Favorite Futures: /ES
 
Posts: 19 since Apr 2012
Thanks: 9 given, 11 received

platform comparison

Hi Guys,

I was thinking of changing platforms.....

I noticed Ninjatrader with the most posts......
Just curious if there has been a discussion as to the strengths and weaknesses of each platform....

I am a technical trader......hate the news.......lol

Anyhow if anyone can point me in the right direction it would be greatly appreciated.....

I don't write scripts in TOS.......I basically copy and paste......sorry......
I am not at that level YET........
However if i decide to learn to script......I plan on sticking to one platform for trading.......
I am trying to decide which one would be best to stick with ......instead of continuing to change platforms......

Thanks

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
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,651 since Mar 2010
Thanks: 4,226 given, 25,601 received
Forum Reputation: Legendary


There is a comparison here:

Charting Software – What Is the Best Charting Software?


Find out what is important for you!

In the end, it depends on the criteria that you define. Personally, I do not want to be married to a broker, but prefer a tool that works with various brokers:

-> this excludes TradeStation
-> this excludes ThinkOrSwim

I do not consider toys:

-> this excludes QuoteTracker
-> this excludes QCharts

I have a personal dislike for some coding languages

-> this excludes Amibroker
-> this excludes ESignal

I am not talking about quality, usability, but personal preferences here.


Most important, check the user base

I am looking at the user base, as I do not want to be the only one to use that platform. Without a strong user base the software company will lack the funds to develop the platform and keep it up-to-date. Here are some of the candidates, which do not develop their user base in a sufficient way (in alphabetical order):

-> this excludes Amibroker (no forum, external forum is dead)
-> this excludes Ensign Windows (no forum)
-> this excludes Investor R/T (no active user base)
-> this excludes MarketDelta (no forum)
-> this excludes Metastock(forum with 13,000 members, no post today)
-> this excludes Neoticker (forum with 77,000 members, 1 single post on the forum today)
-> this excludes Neuroshell Trader(could not find any forum)
-> this excludes OpenQuant (forum with 7,000 members, 3 posts today)
-> this excludes Trader's Studio (forum is dead)
-> this excludes Wealth Lab (forum is dead)

Metastock, Neoticker and Wealthlab is software from yesterday. It is declining and will probably dissappear from the market sooner than later.


Recommended platforms (my personal choice)

Now if you look for an affordable software platform with an active user base, then you are probably limited to (in alphabetical order)

-> ESignal (although I do not like the language)
eSignal Forums
-> MultiCharts
MultiCharts: Trading Software for Automated Trading and Backtesting • View forum - MultiCharts Premium Forum
-> NinjaTrader
NinjaTrader Support Forum
-> SierraChart
Sierra Chart Support Board - Sierra Chart


For FOREX traders

If you are a FOREX trader, you may consider MetaTrader as well. Many FOREX brokers use MetaTrader as their platform. What you install on your PC is only the front-end. The broker has the backend allowing him to analyse your trades (or trade against you).


Expensive platforms

If you are trading futures and can afford it, you may also have a look at

-> CQG
-> X_Trader from Trading Technologies.

Reply With Quote
The following 6 users say Thank You to Fat Tails for this post:
 
  #4 (permalink)
Elite Member
London
 
Futures Experience: None
Platform: .
Favorite Futures: .
 
Posts: 162 since Apr 2011
Thanks: 46 given, 107 received


Gisfor View Post
Hi Guys,
I don't write scripts in TOS.......I basically copy and paste......sorry......
I am not at that level YET........
However if i decide to learn to script......I plan on sticking to one platform for trading.......
I am trying to decide which one would be best to stick with ......instead of continuing to change platforms......

Thanks

If you want to learn script then EasyLanguage is probably the best option.

Reply With Quote
The following user says Thank You to mrphr for this post:
 
  #5 (permalink)
Membership Revoked
Oslo, Norway
 
Futures Experience: Advanced
Platform: CQG, Excel
Favorite Futures: CL
 
Lornz's Avatar
 
Posts: 1,198 since Apr 2010
Thanks: 500 given, 1,235 received

@Fat Tails

What about releases? IRT/MD and SC releases 10-20 versions between NT releases?

There is also a distinction to be made between charting applications such as Investor/RT, and all-in-one platforms.

Using CQG Trader and I/RT for charting/analysis is a very good solution for a discretionary trader. CTS T4 with SC is another excellent solution.

It's important to note that S&P Capital IQ recently bought QuantHouse, and apparently OpenQuant will once again open the institutional framework. That should be quite interesting for .NET developers.

All in all, these platforms are just tools. People tend to get emotional and feel a need to defend their choice, but that's just stupid. Use whatever gets the job done best. Different people have different needs...

All retail platforms suck. All retail feeds suck. You will get bad, delayed or missing data and your platform will freeze at the worst time -- and retail software is severely lacking on the service side.

There is one way to get around all that, of course; trade the bigger swings. You could phone in your orders; it wouldn't matter...


Last edited by Lornz; April 27th, 2012 at 05:35 AM. Reason: I am but a human, thus I make mistakes
Reply With Quote
The following 2 users say Thank You to Lornz for this post:

Reply



futures io > > > [Other]       platform comparison

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
N / A comparison in a strategy solondon NinjaTrader Programming 3 March 1st, 2012 04:58 PM
Chart Comparison NT & SC itrade2win Tech Support 3 March 14th, 2011 09:36 PM
DOMs Feeds speed comparison LukeGeniol Reviews of Brokers and Data Feeds 8 July 5th, 2010 10:55 AM
Volume and reletad tools - comparison from different data feeds LukeGeniol The Elite Circle 4 June 16th, 2010 06:03 PM
FCM/Broker Comparison sysot1t Reviews of Brokers and Data Feeds 16 March 26th, 2010 06:04 PM


All times are GMT -4. The time now is 09:43 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 2017-12-12 in 0.09 seconds with 19 queries on phoenix via your IP 54.221.93.187