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MultiCharts vs. NinjaTrader
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MultiCharts vs. NinjaTrader

  #41 (permalink)
Elite Member
SF Bay Area + CA/US
 
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Platform: Tradestation, Ninja
Favorite Futures: NQ ES & Equities
 
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@andby i guess many platforms will have issues providing EOD historical data depending on what is needed and how far back into history. Or is that not the case? I typically use EOD data from 3rd party though having TS and Ninja which i find it much more convenient to work with.

@mattz i do think EOD data has its own place. There are many who use it and various strategies discussed in the forums have its roots from EOD. seems like all stats data comes from it. Well at-least when was very active EOD gave clues for next day trades and still do. And ofcourse for long term pos there is nothing to beat EOD. so just my thoughts that probably EOD has some merit. Not going against you...just expressing

well its a MC/Ninja thread and dont have MC so a lil biased here. But having Market Replay at fingertips for fine tuning is sweet. Many strategies atleast in OF can be bottled down due to having just this feature. Lol...not that everything Ninja is great....but liking it so far. just need to figure how 3rd s/w licences are being handled and restrictions/requirements as am coming from TS world.

all platforms are good...and have their pros cons i guess..unless one builds their own

cheers

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  #42 (permalink)
Market Wizard
Boca Raton
 
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paps View Post

@mattz i do think EOD data has its own place. There are many who use it and various strategies discussed in the forums have its roots from EOD. seems like all stats data comes from it. Well at-least when was very active EOD gave clues for next day trades and still do. And ofcourse for long term pos there is nothing to beat EOD. so just my thoughts that probably EOD has some merit. Not going against you...just expressing

......

all platforms are good...and have their pros cons i guess..unless one builds their own

cheers

I respect your opinion, and definitely respect the opinion of anyone who likes using his/her platform.
If you see merit in EOD, than it's good for your trading and methodology.
To be honest, I am just paying a lot more attention nowadays to those who trade, and get their feedback as far as what they are looking for. EOD is not their requirement as far as the platform.
The most important issues to them (experienced traders) I share with the platforms we work with so they can implement it.

If we have opposing views at times it's ok, I learn equally from those who do not share my view.
Just like a trader never stops learning, a broker needs to keep listening.

Matt
Optimus Futures

There is a risk of loss in futures trading. Past performance is not indicative of future results.

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
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  #43 (permalink)
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yupp respect yr views as well. trading is all about opposing views

must be platform limitations i guess.... have seen a few portofolio managers work and have special tweaks on getting the platform to get EOD data done but comes with a cost


mattz View Post
I respect your opinion, and definitely respect the opinion of anyone who likes using his/her platform.
If you see merit in EOD, than it's good for your trading and methodology.
To be honest, I am just paying a lot more attention nowadays to those who trade, and get their feedback as far as what they are looking for. EOD is not their requirement as far as the platform.
The most important issues to them (experienced traders) I share with the platforms we work with so they can implement it.

If we have opposing views at times it's ok, I learn equally from those who do not share my view.
Just like a trader never stops learning, a broker needs to keep listening.

Matt
Optimus Futures

There is a risk of loss in futures trading. Past performance is not indicative of future results.


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  #44 (permalink)
Market Wizard
Boca Raton
 
Futures Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
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paps View Post
yupp respect yr views as well. trading is all about opposing views

must be platform limitations i guess.... have seen a few portofolio managers work and have special tweaks on getting the platform to get EOD data done but comes with a cost

I bet. Just down the street from me, CSI Data, is well known for the accuracy of their end of day and that does cost a little.
(Mc connects to it https://www.multicharts.com/trading-software/index.php/CSI)

There is a whole industry for EOD and I am aware of it, but with all the spikes, HFTs, Flash Crashes, and the intro of all the other anomalies, not sure how can only look at EOD only. Anyway, your opinion respected and for that matter anyone else who needs EOD.

Matt
Optimus Futures

There is a risk of loss in futures trading. Past performance is not indicative of future results.

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.

Last edited by mattz; October 12th, 2015 at 10:38 PM.
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  #45 (permalink)
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Of course CSI must be good. I use a poor man's version from Ed at pinnacledata which suits me snice they have excellent data.

Ooops I did not mean if someone only uses EOD is golden. .am supposing one will compliment or supplement it with RTH.
Well if that's the case I misunderstood if someone using only EOD. Might be possible but those are far and few if not using rth.

Anyways guess you are corect

Cheers

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  #46 (permalink)
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seoul, Korea
 
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I have CSI data as my go to EOD data and data i cross check vs other data feeds. It is great and really cheap. I would recommend it to anyone. I have multi charts as well very many years but did not know they integrated. Been using R mostly lately.

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  #47 (permalink)
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andby View Post
For 4, AmiBroker has the edge - it automatically shows you MonteCarlo on OOS. I would also add AmiBroker does seem to be the fastest of them all. But they're just lacking in so many other aspects (like quality, stability, free good EOD for futures, plain inflexibility - it either does it (what you want) or you're screaming alone to the moon).

Not just 4. but also 3. aggregate OOS stats.

As for free EOD future data. There simply are not many data vendors offering it for free and being proper data on top of that. That's a simple fact. 'Free' is a difficult horse to ride.

But lacking quality and stability?
Quality. What quality? Compared to what?
Stability. Have been using AB around 5 years now without unexpected crash. For example AB uses in-memory data base. So of course if for example you try to load 4 GB on Win XP 32-bit you will get problems.
Inflexibility. That's the first time I have been reading that one in connection with Amibroker. You can make it doing (almost) everything you want it to do. That's what I can say with high degree of certainty after several years of daily usage.

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  #48 (permalink)
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Futures Experience: Beginner
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prouser View Post
Not just 4. but also 3. aggregate OOS stats.

As for free EOD future data. There simply are not many data vendors offering it for free and being proper data on top of that. That's a simple fact. 'Free' is a difficult horse to ride.

But lacking quality and stability?
Quality. What quality? Compared to what?
Stability. Have been using AB around 5 years now without unexpected crash. For example AB uses in-memory data base. So of course if for example you try to load 4 GB on Win XP 32-bit you will get problems.
Inflexibility. That's the first time I have been reading that one in connection with Amibroker. You can make it doing (almost) everything you want it to do. That's what I can say with high degree of certainty after several years of daily usage.

I'm glad it works great for you, and I respect your view! I hope it will in the future as well.
However, that was my experience when I tried the platform. I'm not in a <vendor promotion> mood right now, so it's hard for me to answer your questions objectively ... what I can tell you is I probably exchanged more emails with Marcin than with anyone else during the same amount of time ... and I've seen better support from others.

And perhaps I was compelled to post because I saw in some of the previous posts a lot of enthusiasm and passion (like for ex. UmBillyCord's remark: "I can't support a company that stabbed every IB & FCM that helped them build their business in the back."). I believe there's no room for passion-thinking in this ... evey platform has it's goods and bads, and in my view, vendors showing off their passion for one or another should be a bit ... less passionate about the platform and more passionate about the people they try to serve.

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  #49 (permalink)
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Futures Experience: Beginner
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paps View Post
@andby i guess many platforms will have issues providing EOD historical data depending on what is needed and how far back into history. Or is that not the case? I typically use EOD data from 3rd party though having TS and Ninja which i find it much more convenient to work with.

@mattz i do think EOD data has its own place. There are many who use it and various strategies discussed in the forums have its roots from EOD. seems like all stats data comes from it. Well at-least when was very active EOD gave clues for next day trades and still do. And ofcourse for long term pos there is nothing to beat EOD. so just my thoughts that probably EOD has some merit. Not going against you...just expressing

well its a MC/Ninja thread and dont have MC so a lil biased here. But having Market Replay at fingertips for fine tuning is sweet. Many strategies atleast in OF can be bottled down due to having just this feature. Lol...not that everything Ninja is great....but liking it so far. just need to figure how 3rd s/w licences are being handled and restrictions/requirements as am coming from TS world.

all platforms are good...and have their pros cons i guess..unless one builds their own

cheers

Indeed, all platforms are good, and all platforms are bad in the same time depends how you look at it.
MC's playback was a great feature when they first code it. It still works nice and you have play <bar-by-bar>, something NT hasn't (a big minus for NT playback, I would say).
The problem is, like in any startup - and they seem to still behave like a startup, a new "shiny" feature poped up on the plan, and they totally forgot the overall picture. Hence, playback remained the 50 years old car that is not fit for the new highway network anymore ... At least, that's what happened with MC's Volume Profile (and who knows what other <new features> where just not integrated with playback) - which doesn't work in Playback.
I salute NT's latest strategy for NT8, where they actually hired a designer to do the design work, instead of having one "brilliant mind" doing everything.

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  #50 (permalink)
Elite Member
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Futures Experience: Beginner
Platform: Multiple:research&executi
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6J in Multicharts ?



mattz View Post
I bet. Just down the street from me, CSI Data, is well known for the accuracy of their end of day and that does cost a little.
(Mc connects to it https://www.multicharts.com/trading-software/index.php/CSI)

There is a whole industry for EOD and I am aware of it, but with all the spikes, HFTs, Flash Crashes, and the intro of all the other anomalies, not sure how can only look at EOD only. Anyway, your opinion respected and for that matter anyone else who needs EOD.

Matt
Optimus Futures

There is a risk of loss in futures trading. Past performance is not indicative of future results.

Hi Matt,

Speaking about EOD, I was trying the other day loading the japanese yen in MC - and as you may probably know, the hart looked a bit funny.

Is there a fact that today no-one can use MC to trade the Japanese Yen futures contract?

And if yes, are there any plans to enable the platform to do that sooner or later?

thanks!

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