Off the shelf platform or custom code - Platforms and Indicators | futures trading

Go Back

> Futures Trading, News, Charts and Platforms > Platforms and Indicators

Off the shelf platform or custom code
Started:July 23rd, 2016 (01:13 PM) by iwells Views / Replies:246 / 3
Last Reply:July 23rd, 2016 (08:16 PM) Attachments:0

Welcome to

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • 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, and we will never resell your private information.

-- Big Mike

Thread Tools Search this Thread

Off the shelf platform or custom code

Old July 23rd, 2016, 01:13 PM   #1 (permalink)
Elite Member
Dallas Texas/USA
Futures Experience: Advanced
Platform: NinjaTRader
Favorite Futures: CL, GC, ZS, ZB, KC
Posts: 1 since Jul 2016
Thanks: 5 given, 0 received

Off the shelf platform or custom code

I've been trading commodity F&O for a long time, and now I'm looking for a platform to automate my strategy. I'm looking for a platform that will evaluate the delta of my F&O positions, and only take trades in the underlying (triggered by ma indicator or tick and minute charts) in the direction of delta neutral. i.e, if my net delta (combined options +futures) in crude is negative, I'd only take long trades in the underlying, and if positive I'd only take shorts.

Anyway, have been evaluating NT, MC, and SC -- but I haven't been able to figure out how to make it work. I'm not an experienced coder, so it could just be me.

I've been reading various threads advocating one or the other of the above platforms, but haven't found anything directly on point. So, was wondering if any of you more experienced system developers had a favorite off the shelf, or custom system that would work for what I'm trying to do?

Reply With Quote

Old July 23rd, 2016, 01:13 PM   #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.


Old July 23rd, 2016, 02:41 PM   #3 (permalink)
Elite Member
Omer עומר / Israel י
Futures Experience: Master
Platform: NinjaTrader, Proprietary,
Broker/Data: Ninjabrokerage/IQfeed + Synthetic datafeed
Favorite Futures: 6A, 6B, 6C, 6E, 6J, 6N, 6S, ES, CL, ZB
rleplae's Avatar
Posts: 1,457 since Sep 2013
Thanks: 1,066 given, 2,272 received

Take an IQ feed connection, program it outside and use any of the platforms for visualization and execution.
even if the platform pulls you a leg, you switch to another platform and you keep your core system...

Reply With Quote
The following user says Thank You to rleplae for this post:

Old July 23rd, 2016, 08:16 PM   #4 (permalink)
Elite Member
Buenos Aires Argentina
Futures Experience: Advanced
Platform: NT, MT4, Sierra
Favorite Futures: S&P, Bonds, Crude, FX
Posts: 218 since Sep 2014
Thanks: 35 given, 196 received

Pretty sure for the depth of complication you are looking at, that Think or Swim is going to be your best bet. Most of the functions you need to call are are already standardized, e.g. MA, net delta value of the entire combo, etc. The only time you are going to run into problems here with ToS is if you need automation that updates after each trade/tick, which ToS will not be able to provide you with that type of update unless you're using their API (which I've found to be very clunky, under supported, and requires significant commitment of capital without the corresponding degree volume discounts that you get from other firms)

Maybe look at OptionVue as an alternative to help with the visualization.

NT is going to be horrible when it comes to executing and monitoring options. SC is not much better for that purpose either.

Best of luck.

Reply With Quote
The following user says Thank You to MacroNinja for this post:

Reply > Futures Trading, News, Charts and Platforms > Platforms and Indicators > Off the shelf platform or custom code

Thread Tools Search this Thread
Search this Thread:

Advanced Search

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

An Afternoon with FIO trader bobwest

Elite only

NinjaTrader 8: Programming Profitable Trading Edges w/Scott Hodson

Elite only

Anthony Drager: Executing on Intermarket Correlations & Order Flow, Part 2

Elite only

Adam Grimes: Five critically important keys to professional trading

Elite only

Machine Learning Concepts w/FIO member NJAMC

Elite only

MarketDelta Cloud Platform: Announcing new mobile features

Dec 1

NinjaTrader 8: Features and Enhancements

Dec 6

Similar Threads
Thread Thread Starter Forum Replies Last Post
Big Mike's custom trading platform Big Mike Elite Automated Trading 394 February 20th, 2016 11:46 PM
My custom trading platform in Python donedge Matlab, R project and Python 41 January 31st, 2016 05:17 PM
tradersxchange for custom code shanemcdonald28 MultiCharts 0 December 11th, 2013 09:39 AM
NT7 custom user code causing memory leak syxforex NinjaTrader 46 September 19th, 2012 01:16 PM
Statoil to drill with Rosneft on Russian shelf kbit News and Current Events 0 May 5th, 2012 07:15 PM

All times are GMT -4. The time now is 05:53 AM.

Copyright © 2016 by 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 2016-10-23 in 0.08 seconds with 20 queries on phoenix via your IP