Is Thinkorswim a good Platform for Futures Trading? - ThinkOrSwim | futures.io
futures io futures trading


Is Thinkorswim a good Platform for Futures Trading?
Started: by rcs9234 Views / Replies:78,766 / 196
Last Reply: Attachments:7

Welcome to futures io.

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

Reply
 7  
 
Thread Tools Search this Thread
 

Is Thinkorswim a good Platform for Futures Trading?

  #171 (permalink)
Elite Member
Prospect, KY. USA
 
Futures Experience: None
Platform: Sierra Chart
Broker/Data: Infinity
Favorite Futures: /CL
 
WilleeMac's Avatar
 
Posts: 679 since Jan 2012
Thanks: 301 given, 599 received

OK my last bitch session (for now ) concerning if ToS is a good platform for trading futures

If you are wanting to use tick charts (a tick = one trade not to be confused with volume) you aren't getting true tick bars or the amount of time between bars.

I'm comparing Sierra Chart 133 tick bars to ToS 133 tick bars.

RV = remaining volume

Sierra bar opened 1650:41sec RV 54
ToS bar opened 1645 RV 22

Times are as accurate as I could get, nonetheless there's very little similarity between the two platforms - obvious in the candle body(s) themselves

-Bill


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
 
  #172 (permalink)
Market Wizard
Bangkok
 
Futures Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker/Data: AMP, S5, IB
Favorite Futures: ES
 
DionysusToast's Avatar
 
Posts: 2,464 since Nov 2010
Thanks: 742 given, 7,525 received
Forum Reputation: Legendary


WilleeMac View Post
@Zephyr @DionysusToast

As far as a DOM goes how about Jigsaw?

And for charts either Ninja or Sierra?

I'm running two monitors, two charts - one chart has a handful of scripts and the other several with one relatively heavy on calculations.

For now I'm using Infinity for the DOM/ broker.

Also for ToS limit the amount of scripts you have loaded even if you are not using them.

I forget the exact memory usage settings I have for ToS but IIRC it's somewhere in the middle.

Oh and do a Daley - collect garbage early and collect garbage often

-Bill_M

PS as far as a broker goes, IMO use a broker that specializes in futs


I'm a tad biased towards Jigsaw personally - I'm not the best person to ask for sure!

If you have any questions about the products or services provided, please send me a Private Message or use the futures.io "Ask Me Anything" thread
Reply With Quote
The following user says Thank You to DionysusToast for this post:
 
  #173 (permalink)
Elite Member
Prospect, KY. USA
 
Futures Experience: None
Platform: Sierra Chart
Broker/Data: Infinity
Favorite Futures: /CL
 
WilleeMac's Avatar
 
Posts: 679 since Jan 2012
Thanks: 301 given, 599 received


How's that trading futs w/ ToS working today?

this -------->

-Bill

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


EDIT

About 0930amET today they tried to convince me it was MY RIG/ CONNECTION

Reply With Quote
 
  #174 (permalink)
Elite Member
BOSTON, MA
 
Futures Experience: Advanced
Platform: Tradestation, TOS
Favorite Futures: commodities, TF
 
mfbreakout's Avatar
 
Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,225 received

trading


WilleeMac View Post
How's that trading futs w/ ToS working today?

this -------->

-Bill

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


EDIT

About 0930amET today they tried to convince me it was MY RIG/ CONNECTION


Not good today for 30 minutes. I also have TS and other days ( not today though) had similar issues. I am looking to get another backup option. Any recommendations? I don't look at DOM etc. Just need a platform which does not freeze up when there is very high volatility. I have tried couple and each one seems to run into same issue from time to time when there is high volatility.

Thx



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Reply With Quote
 
  #175 (permalink)
Trading Apprentice
Riverside, CA
 
Futures Experience: Intermediate
Platform: TransActAT, OEC, Sierra Chart, TOS
Favorite Futures: ES, NQ
 
Posts: 21 since Feb 2015
Thanks: 5 given, 6 received

Futures Edge on FIO
TOS lags especially at the market open (first 30 mins). It's not as bad as the lags I experience on OEC trader though. TOS is decent for non-scalping though (more than a few ticks in and out is ok)

Reply With Quote
 
  #176 (permalink)
Elite Member
Prospect, KY. USA
 
Futures Experience: None
Platform: Sierra Chart
Broker/Data: Infinity
Favorite Futures: /CL
 
WilleeMac's Avatar
 
Posts: 679 since Jan 2012
Thanks: 301 given, 599 received

I'm using Sierra Charts with Infinity futs/ DOM

10 round trips a month and SC is free

I will completely move to SC when I can 1) get three or four studies coded from ToS or 2) lean to not use them at all

I'm using a custom VSA_Lite study from over at thinkscripter and I really like it - works very well. Not only does the study use volume but also incorporates standard deviation moves.

Good stuff

-Bill

Reply With Quote
The following user says Thank You to WilleeMac for this post:
 
  #177 (permalink)
Trading Apprentice
Riverside, CA
 
Futures Experience: Intermediate
Platform: TransActAT, OEC, Sierra Chart, TOS
Favorite Futures: ES, NQ
 
Posts: 21 since Feb 2015
Thanks: 5 given, 6 received

WilleeMac, yes, I like Infinity's DOM (TransactAT). Much less problematic than the OEC and TOS as far as lags and delays in data at market open. Market open is prime trading time for me. Note: My TransactAT and OEC experience is only with the demo version whereas TOS is with the live account.

Reply With Quote
 
  #178 (permalink)
Elite Member
Hammonton NJ
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: NT Continuum
Favorite Futures: Indexes (Indices?)
 
Posts: 64 since Nov 2014
Thanks: 145 given, 35 received

@WilleeMac,

It's been great! Four 100-pt moves on YM and I caught three of them. Sat out the noon move b/c it was lunchtime.

ToS has been working file for me. Sorry you're disappointed.

Geoff

Reply With Quote
 
  #179 (permalink)
Elite Member
Jupiter Island, FL
 
Futures Experience: Advanced
Platform: TOS
Broker/Data: TOS
Favorite Futures: Russell Futures
 
Posts: 8 since Jan 2015
Thanks: 16 given, 7 received


mfbreakout View Post
Not good today for 30 minutes. I also have TS and other days ( not today though) had similar issues. I am looking to get another backup option. Any recommendations? I don't look at DOM etc. Just need a platform which does not freeze up when there is very high volatility. I have tried couple and each one seems to run into same issue from time to time when there is high volatility.

Thx

I am new to this forum, but not new to Futures; been a serious trader for at least 10 years--traded Forex before that and stocks since I was a teenager. Perhaps I have missed the errorless platform over the years, but I have tried many (so many that are no longer in existence) and all of them had periodic, brief (and at times, costly) outages when the system was nonresponsive.

That said, confidence in my platform and broker is paramount and one would hope that TOS had ironed out their issues to avoid events like Feb 2. I believe the same thing happened for a few minutes in January.

It took me less than 2 minutes to close the trade by phone using their "Apex Trader" direct line. Bothers me a lot and I wish they would address is to everyone's satisfaction instead of resuming their "business as usual" posture as if nothing much happened.

Reply With Quote
 
  #180 (permalink)
Elite Member
Prospect, KY. USA
 
Futures Experience: None
Platform: Sierra Chart
Broker/Data: Infinity
Favorite Futures: /CL
 
WilleeMac's Avatar
 
Posts: 679 since Jan 2012
Thanks: 301 given, 599 received


I cal bull shit ...

... for those that say they have not had major problems with ToS

Why?

When several folks are bitching and moaning at the same time on a website that is dedicated to ToS ONLY and NOTHING else

Especially the head PooBah who has more ToS knowledge than all of us combined ...

You might just have something



-Bill_M

Reply With Quote

Reply



futures io > > > > Is Thinkorswim a good Platform for Futures Trading?

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Spring Grains Outlook w/Sean Lusk @ Walsh Trading

Elite only

FIO Video Journal Challenge featuring NinjaTrader ($2,000+ of prizes)

April

Process above all else w/Anthony Crudele @ Futures Radio Show

Elite only

Machine Learning - Quantitative Trading w/Martin Froehler @ Quantiacs

Elite only

Market Dynamics w/Peter Davies @ Jigsaw Trading

Elite only

Ask Me Anything w/Patrick Rooney @ Trading Technologies

Apr 18

Ask Me Anything w/FuturesTrader71

Apr 19

Machine Learning w/Kris Longmore

Elite only

Market Analysis w/Dave Forss

Apr 25

Introducing iSystems with Stage 5 Trading

Apr 27
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Web-based futures trading platform rptrader Platforms and Indicators 31 September 28th, 2016 10:36 AM
Isn't this good enough? (Beginner futures trading) Ravanous Traders Hideout 23 November 7th, 2011 06:35 PM
ThinkOrSwim (TOS) Trading Platform Big Mike ThinkOrSwim 30 July 24th, 2011 08:43 AM
Auto futures trading on ThinkorSwim optionzen ThinkOrSwim Programming 6 June 3rd, 2011 03:36 PM
What constitutes a good platform design? mattz Traders Hideout 17 October 21st, 2010 07:33 PM


All times are GMT -4. The time now is 08:51 PM.

no new posts
Page generated 2017-03-27 in 0.15 seconds with 40 queries on phoenix via your IP 54.166.107.51