NexusFi: Find Your Edge


Home Menu

 





Rithmic RTRADER


Discussion in Platforms and Indicators

Updated
      Top Posters
    1. looks_one mattz with 18 posts (8 thanks)
    2. looks_two tr8er with 10 posts (5 thanks)
    3. looks_3 Lightrade with 8 posts (1 thanks)
    4. looks_4 jokertrader with 4 posts (1 thanks)
      Best Posters
    1. looks_one shokunin with 2 thanks per post
    2. looks_two santino with 1 thanks per post
    3. looks_3 tr8er with 0.5 thanks per post
    4. looks_4 mattz with 0.4 thanks per post
    1. trending_up 30,471 views
    2. thumb_up 26 thanks given
    3. group 25 followers
    1. forum 74 posts
    2. attach_file 10 attachments




 
Search this Thread

Rithmic RTRADER

  #1 (permalink)
CenturyTime
Century City
 
Posts: 5 since Jul 2012
Thanks Given: 24
Thanks Received: 1

Hi, does anyone have experience using Rithmic Rtrader for placing orders? It seems they offer some nice options for manual traders (serverside bracket & OCO orders, static DOM, auto targets, trailing stops, etc.)

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
NexusFi Journal Challenge - April 2024
Feedback and Announcements
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
Futures True Range Report
The Elite Circle
Are there any eval firms that allow you to sink to your …
Traders Hideout
Better Renko Gaps
The Elite Circle
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
59 thanks
Funded Trader platforms
36 thanks
NexusFi site changelog and issues/problem reporting
25 thanks
GFIs1 1 DAX trade per day journal
19 thanks
The Program
18 thanks
  #3 (permalink)
CenturyTime
Century City
 
Posts: 5 since Jul 2012
Thanks Given: 24
Thanks Received: 1


For order entry do you feel there are advantages in using (Rtrader)+(Ritmic/Zenfire feed) combo, as opposed to Ninjatrader, Sierracharts, Multicharts, etc?

I was originally going to use Sierra as an all in one solution, but now I am considering the combo of Sierra+Rtrader.

Any feedback is appreciated.

Reply With Quote
  #4 (permalink)
 
mattz's Avatar
 mattz   is a Vendor
 
Posts: 2,493 since Sep 2010
Thanks Given: 2,440
Thanks Received: 3,789


CenturyTime View Post
For order entry do you feel there are advantages in using (Rtrader)+(Ritmic/Zenfire feed) combo, as opposed to Ninjatrader, Sierracharts, Multicharts, etc?

I was originally going to use Sierra as an all in one solution, but now I am considering the combo of Sierra+Rtrader.

Any feedback is appreciated.

The advantage is the server side OCO on RTrader and its a free platform.
Matt

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email [email protected]
Reply With Quote
  #5 (permalink)
 
bourgeois pig's Avatar
 bourgeois pig 
asheville north carolina USA
 
Experience: Beginner
Platform: Coinbase Pro, Uniswap
Broker: Coinbase
Trading: crypto currency
Posts: 313 since Sep 2014
Thanks Given: 766
Thanks Received: 274

Hi Matt,
Hope you are having a nice holiday session. I've been watching some You tube VIds of R Trader. I must say that i am very impressed by some of the tools and charting options offered such as Candle Vol. and Kagi. The fact that Rithmic makes the chrting package would leave me to think that the interplay between the feed and the platform would be seamless.

Is there anything that RTrader lacks in comparison to the more popular charting platforms with usage fees, such as NINJA or Sierra?
Does Rtrader offer volume profile tools?

Thanks!

"Napoleans severest comment on his beaten enemies - that they "saw to many things at once""- Hart
Reply With Quote
Thanked by:
  #6 (permalink)
 
mattz's Avatar
 mattz   is a Vendor
 
Posts: 2,493 since Sep 2010
Thanks Given: 2,440
Thanks Received: 3,789


bourgeois pig View Post
Hi Matt,
Hope you are having a nice holiday session. I've been watching some You tube VIds of R Trader. I must say that i am very impressed by some of the tools and charting options offered such as Candle Vol. and Kagi. The fact that Rithmic makes the chrting package would leave me to think that the interplay between the feed and the platform would be seamless.

Is there anything that RTrader lacks in comparison to the more popular charting platforms with usage fees, such as NINJA or Sierra?
Does Rtrader offer volume profile tools?

Thanks!

R Trader Pro offers simple charting that includes many indicators and studies out of the box to get up and running very quickly for analysis. It is very configurable with multiple options for bar types, time frames, session filters, drawing tools and so forth that many traders take advantage of when charting.

R Trader Pro, however, in comparison with other platforms does not include the ability to import 3rd party indicators or custom developed indicators for use on the chart. It also does not include Volume Profile at this point whereas other platforms such as SierraChart do offer these built-in and also allow for custom indicators to be imported and used. There are also further customization options on platforms like SierraChart, such as the ability to configure any time frame interval, like a 7 minute chart, where R Trader Pro is limited to pre-defined options on charting.

If basic charting with simple indicators is all that is needed than R Trader Pro is a great choice. However, if you find yourself tweaking odd time frames, developing custom indicators or purchasing them from 3rd parties, a platform such as SierraChart may provide additional flexibility.

Matt

Disclaimer: There is a substantial risk of loss in futures trading.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email [email protected]
Reply With Quote
  #7 (permalink)
loonietrader
Calgary, Alberta
 
Posts: 29 since Jan 2012
Thanks Given: 7
Thanks Received: 14

Does R Trader Pro Offer any way of trading directly from the chart?

Reply With Quote
  #8 (permalink)
 
mattz's Avatar
 mattz   is a Vendor
 
Posts: 2,493 since Sep 2010
Thanks Given: 2,440
Thanks Received: 3,789


loonietrader View Post
Does R Trader Pro Offer any way of trading directly from the chart?

No it does not. But, it does have an order entry attached to the chart where you can place your orders, etc.
Also, it offers a lot of automation in terms of orders, trailing targets, etc.
This should give you a good guide:


Matt

There is a substantial risk of loss in futures trading.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email [email protected]
Reply With Quote
Thanked by:
  #9 (permalink)
Lightrade
San Francisco
 
Posts: 9 since Jan 2015
Thanks Given: 3
Thanks Received: 2

Hi guys,

I am playing a little bit with R|Trader and can't figure it out how to put Buy/Sell Stop order from it's DOM. Is it even possible? Do you guys have any experience with R|Trader?
Thank you...

Reply With Quote
  #10 (permalink)
 
rintin2x's Avatar
 rintin2x 
salt lake utah
 
Experience: Beginner
Platform: Sierra Chart
Broker: CQG
Trading: ES
Posts: 542 since Jun 2016
Thanks Given: 634
Thanks Received: 542


as far as I know you need to use the bracket order, from there you can move the stop limit from the dom or cancel it there. I don't know yet how to put stop limit w/o the bracket order.

Reply With Quote
Thanked by:




Last Updated on March 29, 2023


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts