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Tradovate - Im trading Micro E-Mini Futures - Do I need "Market Internals" data feed?


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Tradovate - Im trading Micro E-Mini Futures - Do I need "Market Internals" data feed?

  #21 (permalink)
 
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forestcall View Post
Tradovate - I'm trading Micro E-Mini Futures - Do I need "Market Internals" data feed?

Is this related to Indicators?

It is only $7 so not an issue. But do I need it?

Thanks!

To trade Micro futures you do not need the "Market Internals". It is a feature, but not required.

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  #22 (permalink)
EquanimousTrading
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forestcall View Post
Inside the actual trading tool there is a setting to pay $10 to connect to Tradingview + $13 for MES/MQN or ES/QN.
Check out "Matt Trades" on Youtube and he has a daily stream using Tradovate. He has a few vids that show you how to add the indicators he uses which will give you a quick training. I dont use the Indicators he uses but I found the video helpful. You need to pay $10 to utilize the TradingView connection but after you pay you can use it in Simulation mode.

I can not put it into words why having both Tradovate and TradingView at the same time helps me with my win ratio. But between the 2 tools, I can visualize volume better and I can make $5-$15 profits with small scalps. Whereas when I go with longer trades I have a much greater chance of having a loss. I don't think my scalp technique is very sex at all, in fact it is rather barbaric. But in a solid 3-4 hours of trading, I can make $700-$1000. One thing I will say about this scalping strategy is I have to turn off all distractions. I cant have any chat sounds, I turn my phone off and lock my home office door so my kids dont come in. Any distractions and I lose money. Nothing about my process is sexy but at the end of the day I can pay the bills.

@forestcall what symbols are you trading for this barbaric scalping and what are you looking for when you enter? Trading with the trend or countertrend too? 1k/day is nothing to sneeze at!

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  #23 (permalink)
 
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 SodyTexas 
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forestcall View Post
Tradovate - I'm trading Micro E-Mini Futures - Do I need "Market Internals" data feed?

Is this related to Indicators?

It is only $7 so not an issue. But do I need it?

Thanks!

Do you trade off the DOM?

Sody

"The great Traders have always been humbled by the market early on in their careers creating a deep respect for the market. Until one has this respect indelibly engraved in their makeup, the concept of money management and discipline will never be treated seriously."
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  #24 (permalink)
skiing60
Mississauga ON Canada
 
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Hi. I'm using Interactive Brokers, as my data source and broker, with Ninjatrader 8. I notice that IBKR doesn't send Historical TICK data, only Minute data. I am going to be backtesting with indicators that require tick data (Volume based: VWAP,etc.) I've checked the list of data providers for NT8, on their website. Do you know of a data provider that meets this criteria? And economical? I only need Indexes at present.

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Last Updated on November 12, 2021


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