NexusFi: Find Your Edge


Home Menu

 





Recommendations on a solid trading platform


Discussion in Platforms and Indicators

Updated
      Top Posters
    1. looks_one Big Mike with 6 posts (7 thanks)
    2. looks_two mgerada with 3 posts (0 thanks)
    3. looks_3 Mega with 3 posts (0 thanks)
    4. looks_4 wgreenie with 2 posts (0 thanks)
    1. trending_up 11,511 views
    2. thumb_up 11 thanks given
    3. group 6 followers
    1. forum 20 posts
    2. attach_file 0 attachments




 
Search this Thread

Recommendations on a solid trading platform

  #1 (permalink)
Mega
Canada
 
Posts: 4 since Jul 2010
Thanks Given: 10
Thanks Received: 0

Currently testing NinjaTrader 6.5 and not really happy with it.
It’s slow to start, lags, crashes, the drawing tools are terrible. It’s even difficult to draw a straight line, can’t even hold shift to straighten it.
When I add multiple EMA’s to charts the color isn’t even next to the label at the top of the chart???
This software should be free.

Overall requirements:
- Good drawing tools.
- Easy to access tool bar.
- Multi-monitor support.
- Customizable
- Windows 7 x64 compatible
- Fast
- Cost is not a factor.
- Preferably not a .NET app.

Any recommendations?
Thx

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
Deepmoney LLM
Elite Quantitative GenAI/LLM
Exit Strategy
NinjaTrader
Better Renko Gaps
The Elite Circle
Are there any eval firms that allow you to sink to your …
Traders Hideout
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
39 thanks
Battlestations: Show us your trading desks!
26 thanks
NexusFi site changelog and issues/problem reporting
26 thanks
The Program
18 thanks
  #3 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,396 since Jun 2009
Thanks Given: 33,172
Thanks Received: 101,534


I am very, very satisfied with MultiCharts. I've been using it exclusively for charting and backtesting for about six months now. It is very fast, very efficient, very stable, and has a ton of features. What's more, it has solid service and support behind it and a team of engineers that actually are very good programmers, unlike some other platforms.

However, there is no DOM in MultiCharts. So for months I supplemented MultiCharts with the NinjaTrader DOM (and only the DOM). This may work for most, but it was still causing me problems and really it's to the point where I just don't want to deal with NT anymore. I hope they release a great product, but "fool me once, shame on you, fool me 42,000 times, I'm an idiot" seems to apply, at least to me. I want to trade, not beta test software or troubleshoot problems all the time.

So, I've recently began looking at X-Trader for discretionary order execution. The DOM is quite good. I'm about to open an account with Velocity Futures which is an FCM, and they offer X-Trader at a very competitive rate, so it seems to be a good fit for me.

As for what will be a good fit for you, it is hard to know for sure. You will likely have to spend a few weeks with each application before you really know what will work best for you.

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #4 (permalink)
 MetalTrade 
 
Posts: 1,055 since May 2010

I read that x-trader is very old software ? Is it really good ?

Reply With Quote
  #5 (permalink)
Mega
Canada
 
Posts: 4 since Jul 2010
Thanks Given: 10
Thanks Received: 0

Thanks Big Mike.
I've seen your posts on MultiCharts and it does look really good.
How are the drawing tools? Easy to add/move/edit/size/delete/select/straighten lines?

Any experience with TradeStation (with Owndata)? TradeStation vs MulitCharts?

Reply With Quote
  #6 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,396 since Jun 2009
Thanks Given: 33,172
Thanks Received: 101,534


MetalTrade View Post
I read that x-trader is very old software ? Is it really good ?

Best I can tell, they update it when needed. What's more important, the software is new or that it contains the features you need, it's fast, and it's stable?

I mean the interface is modern, every bit as modern as NinjaTrader is (not as modern as MultiCharts) so it's not so old that it really has any downsides, in my opinion.

You can follow the X-Trader thread for more info as I learn about it.

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #7 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,396 since Jun 2009
Thanks Given: 33,172
Thanks Received: 101,534


Mega View Post
Thanks Big Mike.
I've seen your posts on MultiCharts and it does look really good.
How are the drawing tools? Easy to add/move/edit/size/delete/select/straighten lines?

Any experience with TradeStation (with Owndata)? TradeStation vs MulitCharts?

The drawing tools are fine for me. I do wish they had hotkeys, but they do not. So that is a downside. But I draw a fair amount of trend lines and I am quite used to it. The lines can be made sticky, so it means once you draw a line each mouse click will continue with that tool until you stop it. I like that.

Also, all drawing objects are persistent and are held at the exact chart time, so you can change chart sizes or time frames and the drawing objects remain.

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #8 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,396 since Jun 2009
Thanks Given: 33,172
Thanks Received: 101,534


Mega View Post

Any experience with TradeStation (with Owndata)? TradeStation vs MulitCharts?

Skipped that, sorry. I have no experience with OwnData. I use Zen Fire and IQFeed with MultiCharts, and shortly will be using the TT adapter as well.

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #9 (permalink)
 MetalTrade 
 
Posts: 1,055 since May 2010

BIGM, I love also multicharts but for my forex trades I just need to place quick orders, would you advise to use the free software of the brokers I use (PFG and Dukascopy) ? Problem is I loose time. With the charttrader in NT it's CLICK and its done !!! thanks

Did multicharts ever crashed on you ?

Reply With Quote
  #10 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,396 since Jun 2009
Thanks Given: 33,172
Thanks Received: 101,534



MetalTrade View Post
BIGM, I love also multicharts but for my forex trades I just need to place quick orders, would you advise to use the free software of the brokers I use (PFG and Dukascopy) ? Problem is I loose time. With the charttrader in NT it's CLICK and its done !!! thanks

Did multicharts ever crashed on you ?

I can't comment on PFG or Dukascopy as I have no experience with them. Just like someone can't tell you how to trade, I think someone can't really tell you what the best platform is for you. You'll need to do research and make your own choices

As for MultiCharts, I did have it crash once a few months ago. It has a handy little helper app which captures all relevant info (with permission) and sends it off to MultiCharts support automatically. A nice feature. The crash was also purely my fault, I programmed a bad EasyLanguage loop.

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote




Last Updated on August 6, 2010


© 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