Iceberg is an exclusive type of order well known in the trading rooms. X_Trader send a sequence of 1+1+1+1 until complete (in case of 4). Mybe you have seen when some level book with small size is very resistant and the times&sale shows a lot of order size 1 going at that price. No problem if you trade ES but for CL is very usefull.
Could happen that you have 8 or more cars to exit and you desire MM don't see you
Last edited by Silence Exp; December 15th, 2010 at 03:14 PM.
wow i am so happy to find this thread. I've been using TT for a while now (paying full price for TT pro) but I have to say it is very reliable and fast (considering the application, from my understanding, is not optimized for multi threading)
Question: Has anyone used Multicharts (or any other charting software) in connection with TT data. I pay way too much in exchange fee's to TT (via server fees) , and I dont want to pay similar fee's to Esignal or CQG to have reliable, live charting and simple strategies running
I was thinking about using TT data feeds in a chart for current data, and then having a secondary provider (not sure who, esginal, barchart maybe) for delayed/old data. I thought I might be able to do this with Ninja, but using TT and Ninja is not so easy ( i have to set up a dedicated server, and some other stuff)
TT data is great, is just you cant access any historical data via their API, otherwise their software would rock
Eurostoxx .... currently I'm talking with MC to write an API connection to get the data from TT directly through X-trader into MC. I'm connected to the EBS EUREX feed and want to receive real unfiltered data without the "st...." FIX-protocol. Please be aware that any data you see in the X-Trader is "FILTERED" by the broker! The EBS EUREX feed is not ! It has too much problems implemented and is very expansive from may standpoint. So think to invest 5000USD for the API at 1 time is ok. Will coming back in the new year with any updates.
Regards and happy Christmas and a nice year change to all of you.
Hello, you will never get the same quality data feed from TT like you get from DTN/IQFeed or Esignal.
For me that's a business expense. I had some charts with huge gaps and wrong price data and I could not accept that. I rather pay for top notch service like DTN/IQFeed than to know I saved $100 but know that the data is not 100%
I wish it were only an extra $100 a month for esignal or someone else. I play a bunch of futures (CME, CBOT, EUREX, Euronext, LIFFE) and then i have to pay extra fees to trade oil, gold, silver etc on most charting, even though they are on CME, go figure... I am looking closer to 400-500 a month .
I called up my broker, MAN, to find out about using Ninja and TT, and they quoted me a similar price (5K) for a stand alone server to to hook up the two. I didnt really understand all of what they said. But I'm not really interested in paying that much, and then having to use ninja. And i would need to keep TT running all the time, to record data
PS - Gboos' I just realized the TT data is broker filtered. Mann upgraded their Eurex servers, and presto, Eurostoxx looked like S&P... I actually liked the old "chunky" way before, though I am assuming the new servers are faster, so I'll take it
But keep me posted on the MC - TT thing ... it sounds interesting
TT is an excellent data feed and I couldn never say I got a wrong trade for it. My idea to improve the trading station is to separate excution from charting. As I swap completely to a linux system (Fedora) for my productivity, I have 1 win-pc dedicated to X_Trader and X_Study. It's not enough as X_Study mirrors X_Trader DOM. I have good gains but something looks wrong in my trading station.
I would like to chart, planning strategies, computing and money management by linux and just executions by Win. In this case also a netbook with CQG Trader should be excellent. And I could be really sure to work by real separate servers. Linux system give you zero problems on internet connections, it's safe against attacks and rock. However nobody in trading industry dev for linux (nor for mac :-( ). The best choice I found is charting software in java. Barchart and Prorealtime are two vendors I found, but I am really suspicious about performances ... I will test trials next weeks.
But you are wrong. Linux systems give you problems like any other system, maybe a little less. But ZERO ? That is not my experience. I run linux server systems for over 10 years now. Zero problems on internet connections ? Ok, their TCP/IP implementations are good, but Zero ? Safe against attacks ? If you look to certain sites that keep track of how many security holes are discovered per operating system you will notice that like daily there is a hole found in Linux distro's, and daily you have security fixes for linux.
Linux is not unix compliant, MAC OS X is :-)
I'm also a J2EE programmer, JAVA or J2EE code is not slow, badly written JAVA or J2EE code is slow. Just keep that in mind. I would just program certain parts in Assembler if I would program a charting program.
Just my 2cents
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