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I am using Fatail's dailypivot38, is there a way to get right pivot number? currently I have to manually input High, Low, Settlement price into this indicator's setting from CME website.
Can you help answer these questions from other members on NexusFi?
If you use High, Low and Settlement from CME, this refers to the electronic session (ETH). To catch those values you need to subscribe to a data feed, which supplies those values. You can use Kinetick or DTN/IQ.
For the anaPivotsDailyV38 indicator you would then need
-> to make sure that you use the correct session template
-> set the indicator to DailyBars to catch the daily data
-> set the indicator to ETH if you want to calculate ETH pivots
Special case:
If you use a data provider that does not supply daily data from CME, then you have two options:
(1) Try to first-connect to Kinetick EOD (free data) to catch the correct values for high, low and close. Then second-connect to your intraday data provider. This does not work with all intraday-data suppliers. I have tested this by first-connecting to Kinetick EOD and second-connecting to Interactive Brokers. Works very well.
(2) If you don't want to pay for a professional data feed, and if your data feed cannot be combined with Kinetick EOD, then you cannot get the data into NinjaTrader, which are needed to calculate the pivots. In that case you need to enter them manually.
Let me know, which instrument you trade, and I will give you an example.
The following user says Thank You to Fat Tails for this post:
I am not sure that it works correctly with Zenfire. I do not have Zenfire and cannot check it.
If it works at all, it is important to connect to Kinetick first. The question is only whether NinjaTrader will overwrite the correct daily data from Kinetick with "false" daily data from Zenfire via the Zenfire API. You need to test it yourself. I remember that there were specific problems on Monday, because Zenfire created a Sunday session, and Kinetick has no Sunday data-
You need to ask somebody who has Zenfire.
This is not related to the indicator. The indicator loads whatever data is sitting in your daily historical data base. If it is the correct data, you will get the correct pivots. Best you edit that data every day and compare it to the official data from CME.
To be sure you get the correct daily OHLC and they won't get affected by Zen-fire do the following:
Delete the current historical daily data at Control Center-->Tools-->Historical Data Manager-->Edit-tab. Instructions can be found at the link below. Editing
Close NinjaTrader and go to (My) Documents-->NinjaTrader 7-->db and delete the cache folder.
Start NinjaTrader and connect to Kinetick. Check the historical daily data in the Historical Data Manager-->Edit-tab and take a screenshot. Do not disconnect Kinetick, but connect Zen-Fire as the second connection. The historical daily data should not have changed.
Good luck
The following 2 users say Thank You to trendisyourfriend for this post:
Yes you should leave Kinetick connected to prevent Zenfire to change your daily OHLC. Unfortunately, you can't take sim trade with Kinetick as the first connection. Interesting catch-22 situation, no!
On early Monday morning, Kinetick EOD will only have supplied Friday's data. Zenfire might attempt to load daily data, when not supplied by Kinetick.
As far as I know, Zenfire (because of a poor decision somewhere in the past) will also supply a Sunday bar. Did you either
-> find any data for Sunday in your data base for historical daily data?
-> observe that Monday's pivots were calculated from the false Sunday session?
In that case there might be a problem. This also depends on the design of the NinjaTrader API for Zenfire.
As I have said before, no problem for Kinetick/Interactive Brokers, but Interactive Brokers does not supply daily data for Sundays.
I remember last Year or so i had this problem but somewhere in time the probleme disapeared with the many updates of NT7. Here is a screen capture for the ES using Kinetick + Zenfire in second position:
The following 2 users say Thank You to trendisyourfriend for this post: