(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.
As there is almost no serious feedback on the historic tick data sold by several third party providers on the forum I want to share my experience with one of those: Backtestdata.com
I was looking for historic tick data on a DAX Futures contract and ordered the data from this provider who explicitly markets its proficiency and the quality of data on their website. However, I want to warn all NT trading participants. The data provided is useless and the quality is not appropriate. Please refer to the 2 screenshots attached- one from Kinetick with the real tick data and one I bought from Backtestdata.com
You will see, it is not usable.
Hope, this message will be read before ordering and investing > USD1k for crap from this supplier.
The following user says Thank You to eddi0505 for this 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.
You need to see what are the rules for creating the continuous series...
I don't think that on the date 19.06.15, the FDAX 12-15 is the correct front month.
You need to ask yourself, what do you want to backtest and what do you want to achieve ?
Do you want to reproduce, what you would/could have done at that point in time, trading the front month ?
The name is not important here. The tick data for 19.06 comes from september contract (front month). The name is just there as I compared the tick data for the last 6 months and took december contract as the latest one. Same picture with FDAX 9-15. The issue here is that half of the tick data is simply missing. If you take Dax index itself you will see almost the same picture with many gaps, so I assume they saved the ticks only for the same hours the index is available.
In any case, throughout all underylings provided there is always a question of quality. Differences between the real kinetick ticks and ticks from backtestdata.com is evident and doesnt allow for accurate backtesting. So please be aware and do not follow me in the same trap.
Also, by the way how these people communicate you can see that they are not a serious company and are not looking to find a solution. They refuse to fix the issue (probably because they cant and always referring to some technicians looking into the issue) and after I asked for my money back I received the following reply:
"
We have received your paypal dispute scam against Payapl and we have provided your information to our internet lawyer and paypal business partnership department.
Due to your potential business fraud activity, we will be permanently terminating your NT license and data license.
Your identification, address and activities are collected and will be reported to Paypal, and the case is now being passed to to internet fraud attorney Cohen Schneider & O'Neill LLP,
you may receive local court order while your credit card dispute is going on. Our legal case department will provide all your documents and logs to our lawyer for the law suit.
Getting resonable accurate FDAX data should not be that difficult
the problem remains, how to convert front month contracts into a continuous contract...
Personally i don't believe in a strategy that makes or brakes on a few tick data...
Getting FDAX tick data as described on backtestdata.com is difficult and expensive, however they advertise it and that is the problem! I just want to warn other participants not to buy it from them because it is crap. It is not about your or my beliefs.
And other threads have instruments like ES going back like 10 years or more.
Mike
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
If you want to support our community, become an Elite Member.
The following user says Thank You to Big Mike for this post:
I got this addon for Ninjatrader. Was told that it works with a set profit and stop. It does work some what if all trades are opened and closed on the same bar. However it is not even close to Market replay result if i make a strategy that only takes 100% intrabar trades and are infact worthless. If i have a normal strategy were open and close are not on the same bar it does not work at all. They did say they would try and improve it but when i asked when there was no answer. Seems to me that they are selling something they think work or they know it doesn't work as advertised and then it is just a scam. I have claimed they purchase and they seems to be fighting it.
