TradeStation or NinjaTrader? - Platforms and Indicators | futures io social day trading
futures io futures trading


TradeStation or NinjaTrader?
Updated: Views / Replies:1,363 / 18
Created: by SteveJewels 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 – 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 don’t 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
 

TradeStation or NinjaTrader?

  #1 (permalink)
Elite Member
Philadelphia Pennsylvania USA
 
Futures Experience: Intermediate
Platform: TradeStation
Favorite Futures: GC
 
SteveJewels's Avatar
 
Posts: 12 since Sep 2017
Thanks: 1 given, 1 received

TradeStation or NinjaTrader?

Hello All,

I hope that you are well.

I am looking for comparisons of TradeStation and NinjaTrader. I have done some Googling but most of what I find is either old/out of date or reads like an advertisement.

I traded for a while about 10 years ago, exclusively ES, YM and YG. This time I will be trading only GC’s.

I have NinjaTrader installed and am learning the functionalities and attempting to find the indicators and drawing tools I need for my trading method and determining if I can either use them as programmed or modify them to fit my method. There is also an external tool which was available for TS but may be available for NT.

When I was trading before TS was the ‘tool of the pros’ and NT was still considered to be for amateurs but I am seeing indications that this may no longer the case.

Assuming that I can find that all of the indicators and drawing tools in both NT and TS are equally available and the external tool is available for both, are there any fundamental reasons to choose one over the other? Things like feed viability/reliability, executions, ease or greater versatility of customization/programming? Any other considerations?

I am liking the NT SuperDOM for order entry and management. Is there similar functionality in TS?

I qualify for the ‘TradeStation Salutes’ program. With that it looks as though TS may have the advantage for commissions and fees, perhaps significantly so.

Thanks,

Steve

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
SF Bay Area + CA/US
 
Futures Experience: None
Platform: Tradestation, Ninja
Favorite Futures: NQ ES & Equities
 
paps's Avatar
 
Posts: 1,512 since Oct 2011
Thanks: 1,972 given, 1,279 received
Forum Reputation: Legendary


they r both awesome. cannot be really compared. peeps who compare.....i dont know what 2 say

it depends on what you want it to do. If its just DOM....any DOM is kool.

sorry could not be explicit...as it was very generic answer. Both have very very unique functions.

Reply With Quote
 
  #4 (permalink)
Elite Member
freasno, ca usa
 
Futures Experience: Advanced
Platform: ninja trader
Favorite Futures: forex
 
Posts: 56 since Apr 2013
Thanks: 19 given, 21 received

I have both, I only use NT for charting because I purchased indicators from a few vendors and it was only coded for NT. For execution I prefer TradeStation-RJObrien. It is still used by professional traders especially those who are into automating their strategy. I also know some ex Goldman traders that use TS for their opening order trades and tie it into excel but that is a whole other animal to talk about. Data feeds incl historical tick data on TS imo are better than what's available on NT7 or 8. You have a lot of newbie type traders who lean towards NT because the learning curve seems easier. I would try TS if you haven't, their new commish structure makes it very cheap to get going with them and their tutorials are on par with Ninja; compare execution yourself and maybe use both like I do

Sent using the futures.io mobile app

Reply With Quote
The following user says Thank You to planetmoto for this post:
 
  #5 (permalink)
Elite Member
Philadelphia Pennsylvania USA
 
Futures Experience: Intermediate
Platform: TradeStation
Favorite Futures: GC
 
SteveJewels's Avatar
 
Posts: 12 since Sep 2017
Thanks: 1 given, 1 received

Thank you planetmoto. Just the kind of information I was looking for.

Do NinjaScript and TradeStation EasyLanguage have similar capabilities?

Reply With Quote
 
  #6 (permalink)
Elite Member
freasno, ca usa
 
Futures Experience: Advanced
Platform: ninja trader
Favorite Futures: forex
 
Posts: 56 since Apr 2013
Thanks: 19 given, 21 received


SteveJewels View Post
Thank you planetmoto. Just the kind of information I was looking for.

Do NinjaScript and TradeStation EasyLanguage have similar capabilities?

Ninja Trader is based on C# which many will tell you is more current and allows you to do more. I'm not sure that is entirely true though since TradeStation from an automated strategy testing standpoint is far more powerful than Ninja. That being said C# is easier to code up than Easy Language probably because it is more widely known. But most programmers can pick up easy language if they put in some time they also have courses to learn it if you're so inclined

Sent using the futures.io mobile app

Reply With Quote
 
  #7 (permalink)
Elite Member
Philadelphia Pennsylvania USA
 
Futures Experience: Intermediate
Platform: TradeStation
Favorite Futures: GC
 
SteveJewels's Avatar
 
Posts: 12 since Sep 2017
Thanks: 1 given, 1 received

Thank you planetmoto.

I loaded TS Wednesday and have been fiddling with setting up charts with my indicators and clicking this, that and the other buttons to see what they do. So far TS appears to be more to my liking.

I had noticed a few quirks with NT. Sometimes when I would open it some of the charts or other functions like the SuperDOM etc., would not be there even though I selected to save the workspace on exit.

I know very little about programming, only what I have been forced to to at work or to support what I do on computers. Guess I will have to learn some more.

Best regards,

Steve

Reply With Quote
 
  #8 (permalink)
Market Wizard
Houston, TX
 
Futures Experience: Advanced
Platform: XTrader
Broker/Data: Advantage Futures
Favorite Futures: Energy
 
Posts: 2,110 since Dec 2013
Thanks: 1,743 given, 3,333 received
Forum Reputation: Legendary


planetmoto View Post
For execution I prefer TradeStation-RJObrien.

Just curious, how do you use Tradestation with RJOBrien? Are you bridging them?


planetmoto View Post
That being said C# is easier to code up than Easy Language

Really? Easy Language is as close to programming in plain english than anything I've ever seen.
If Close crosses over Average(Close, 20) then buy next bar at market
What could be easier?

Reply With Quote
The following user says Thank You to SMCJB for this post:
 
  #9 (permalink)
Elite Member
Colorado
 
Futures Experience: Advanced
Platform: MultiCharts
Broker/Data: IB & Iqfeed
Favorite Futures: ES , CL
 
sptrader's Avatar
 
Posts: 533 since Apr 2010
Thanks: 1,080 given, 668 received

If you're a professional programmer then NT would probably be best for you. If like me, you have little to no programming experience (or no desire to learn C#), then TS with Easylanguage is by far the easiest way to go, of the Two.
Also, don't forget to try Multicharts. I used to be a TS user for 10 years or so but switched to Multicharts for the ability to use many brokers, import most TS studies, excellent charting, good automated trading ability and a desktop stand-alone platform instead of a web-based TS, etc. etc.
Multicharts uses a nearly identical language to TS Easylanguage, called Power Language.
I tried NT about a year ago but was spending far too much time trying to learn C# instead of trading.
C# felt like learning Chinese, compared to Easylanguage for a non-programmer.
You really need to spend time with each platform to see which suits your trading style and which is most intuitive. You'll be spending hundreds of hours using the platform you choose, so take your time in selecting the right one.
They all should offer a free trial just for that purpose. They're all very capable of doing anything that you'll need.
I'm not associated with any of them, just a long time user.
glty

Reply With Quote
The following user says Thank You to sptrader for this post:
 
  #10 (permalink)
Trading for Fun
charlotte nc
 
Futures Experience: Master
Platform: ninjatrader
Broker/Data: NinjaTrader
Favorite Futures: Emini (ES, YM, NQ, ect.)
 
Posts: 72 since Jan 2015
Thanks: 5 given, 149 received

Programming Edge goes to NinjaTrader


This is an interesting topic. I am a computer programmer by trade, and as such I have tinkered with many different systems. TS, NT, etc. But ultimately went with NinjaTrader for one simple reason. It uses C# which is the most widely supported and scalable programming language by Microsoft. While easy launguge and any other programming supported by other trading platforms will be as easy, if not easier to learn and all support the same basic blocking and tackling... C# can access any type of tool from the greater .Net environment. You want to make calls to a SQL server, done, you want to built a Cartesian join using 2 or 3 different lists, done. In terms of programming sophistication we are talking about Microsoft, the largest software company on the planet and their native PL C# vs. some home grown PL that a trading company cooked up. Again I am not saying that other PLs from other trading platforms won't get the job done for the basics, but if you are looking for super advanced, crazy type of functionality (Like I do.) then look no further than NinjaTrader.

Also NinjaTrader has a killer testing platform for validating real market conditions and evaluating your trades. Other tools have similar functionality, but I have heard NT has a more accurate result with their market replay vs. some other back-testing from other platforms.

I am an automated Algo trader, so it's all about the code for me.

Ian

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

Reply



futures io > > > TradeStation or NinjaTrader?

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
Signal from Tradestation and execute in Ninjatrader dingmanhoe123 TradeStation 0 December 25th, 2016 02:20 PM
tradestation / Ninjatrader strategy builder strategyquant.com rezanp1356 Trading Reviews and Vendors 2 October 3rd, 2016 09:18 PM
NinjaTrader Indicators convert to Tradestation incometrade EasyLanguage Programming 2 December 6th, 2015 07:28 PM
tradestation historical data (ES) to my ninjatrader Sundevil83 NinjaTrader 2 June 7th, 2015 07:25 PM
Help converting CCI SQZ Zero Heat from TradeStation to NinjaTrader incometrade NinjaTrader Programming 2 January 28th, 2011 10:18 AM


All times are GMT -4. The time now is 11:34 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 0.10 seconds with 19 queries on phoenix via your IP 54.234.255.29