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Why do you use Investor/RT or MarketDelta?


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Why do you use Investor/RT or MarketDelta?

  #1 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
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Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
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Hi guys,

As part of my research for the upcoming " Where to start as a trader (Part II: Trading Platforms)" webinar, I want to solicit input from members about the platforms they use.

If you could give me some information I would appreciate it.

1) How long have you been using Investor/RT or MarketDelta?
2) What are your favorite features of Investor/RT or MarketDelta?
3) What are some must-have deal breaker features in Investor/RT or MarketDelta that you could not do without?
4) Do you use Investor/RT or MarketDelta in simulation mode only, or do you place live trades with it?
5) Are you a discretionary trader or an algorithmic trader? How does Investor/RT or MarketDelta help you with this?
6) How easy/hard was it for you to learn to use Investor/RT or MarketDelta?
7) How do you rate Investor/RT or MarketDelta's customer service/support, assuming you have needed to use it?
8) Do you believe Investor/RT or MarketDelta is competitively priced?
9) How do you rate the community support that exists for Investor/RT or MarketDelta?

Even if someone before you has said something similar to how you feel, please reply anyway. I am gauging response by popularity so need to hear from multiple people even with similar feelings.

If you have any other thoughts to add please do so. Let's try to keep the thread on-topic, focusing on why you use the platform and leave all other discussion to other more appropriate threads.

Thank you,
Mike



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  #2 (permalink)
 
eudamonia's Avatar
 eudamonia 
Sacramento, CA
 
Experience: None
Platform: None
Broker: ADM and Sierra Charts
Trading: ES, CL
Posts: 315 since Jul 2010
Thanks Given: 308
Thanks Received: 449

1) How long have you been using Investor/RT or MarketDelta?

I used Market Delta for about 6 months and RT Investor for about 9.

2) What are your favorite features of Investor/RT or MarketDelta?

Easy to use/read Market Profile, Volume Profile (something unique to these platforms), and ease of use.

3) What are some must-have deal breaker features in Investor/RT or MarketDelta that you could not do without?

See #2.

4) Do you use Investor/RT or MarketDelta in simulation mode only, or do you place live trades with it?

I don't place trades through the charting platform. Trades are taken live in X-Trader.

5) Are you a discretionary trader or an algorithmic trader? How does Investor/RT or MarketDelta help you with this?

Discretionary

6) How easy/hard was it for you to learn to use Investor/RT or MarketDelta?

Easy, although I've used numerous platforms so may have an advantage there.

7) How do you rate Investor/RT or MarketDelta's customer service/support, assuming you have needed to use it?

The few times I've used it the service/support was prompt, accurate, and helpful

8) Do you believe Investor/RT or MarketDelta is competitively priced?

Yes. I would use MarketDelta even though it is more expensive, but I don't use the Footprint which is why I stopped subscribing to MD and switched to RT Investor (basically same platform without the Footprint).

9) How do you rate the community support that exists for Investor/RT or MarketDelta?

Excellent. There are a number of traders I respect and follow who provide chart samples, and discussion on how to use the platform.

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  #3 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,939 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,611


Thanks Mike for the survey

1) How long have you been using Investor/RT or MarketDelta?
----> more than 3 years (Investor/RT only)

2) What are your favorite features of Investor/RT or MarketDelta?
----> there are plenty - as the platform has a toolbox with a lot of gems. I am using customizable MarketProfiles, Ichimoku Charts, automated trade execution and many more. Most important - the product is always developed
after the wishes of clients - discussed in a special forum

3) What are some must-have deal breaker features in Investor/RT or MarketDelta that you could not do without?
----> The built-in RTL programming language - not easy to learn - but there are hundreds of helpful videos that make
it easy to build your own indicators / signal / alarm / mail execution and many more

4) Do you use Investor/RT or MarketDelta in simulation mode only, or do you place live trades with it?
----> Using to have both - the big picture and of course executing orders out of the chart

5) Are you a discretionary trader or an algorithmic trader? How does Investor/RT or MarketDelta help you with this?
----> Using it for both activities - easy to get in-depth information as well as executing orders to the broker out of any chart

6) How easy/hard was it for you to learn to use Investor/RT or MarketDelta?
----> it uses quite a lot of experience - but for any level there are most supportive videos made by Chad Payne (most of them) plus a excellent support library to find easily the answer to most of the questions

7) How do you rate Investor/RT or MarketDelta's customer service/support, assuming you have needed to use it?
----> Customer support is very important for the creator of Investor/RT - the responses are very fast. Finding solutions
for presented problems are very quick. Must rate this direct contact/solution oriented approach very high

8) Do you believe Investor/RT or MarketDelta is competitively priced?
----> have not compared other products - so the price is not first. But the service if needed is priceless!

9) How do you rate the community support that exists for Investor/RT or MarketDelta?
----> There are many ways to communicate with the developers as other users - over the program itself with integrated
chat possibility - special forum to see other members inputs - twitter info to see new features and videos - beta testing
for advanced users to name a few

To make a last statement: the product has risen in a very short time (around 3 years) from a charting program to a high tech toolbox which can be used by trader of any level

GFIs1

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  #4 (permalink)
 
arnie's Avatar
 arnie 
Europe
 
Experience: Advanced
Platform: Jigsaw
Broker: Tradovate
Trading: Equities
Posts: 826 since May 2010
Thanks Given: 763
Thanks Received: 1,048

1) How long have you been using Investor/RT or MarketDelta?

I'm not certain, since I've spent some time jumping between IRT and Sierra, but I believe that I've been using it for a year now.

2) What are your favorite features of Investor/RT or MarketDelta?

Above all else, volume profile.
No other platform is able to offer what they offer.

3) What are some must-have deal breaker features in Investor/RT or MarketDelta that you could not do without?

Volume profile. Since I use another platform as my main one, I only use IRT for volume profiling although I've been exploring it a bit more every day. It's really a powerful chart platform.

4) Do you use Investor/RT or MarketDelta in simulation mode only, or do you place live trades with it?

Simulation only.

5) Are you a discretionary trader or an algorithmic trader? How does Investor/RT or MarketDelta help you with this?

I'm a discretionary trader.
Their volume profile and volume breakdown studies have been essential in my strategy.

6) How easy/hard was it for you to learn to use Investor/RT or MarketDelta?

Not that easy. Initially I found the software a bit cumbersome and many options were a bit odd to deal with. But with time you get used to it and now it's like second nature.

7) How do you rate Investor/RT or MarketDelta's customer service/support, assuming you have needed to use it?

A 5 star service. Chad is amazing. Is always available to help you.
Another thing that is priceless is their videos. Best manual ever.

8) Do you believe Investor/RT or MarketDelta is competitively priced?

Paying $70 a month to have volume profile and volume breakdown is quite cheap regarding IRT but I cannot say the same thing regarding MarketDelta. I really can't understand their price plan.
Last time I checked they charged $129 a month only for the footprint chart. If you wanted also volume profile and volume breakdown studies you would have to pay another $20 a month, making a total of $149 a month which I find a bit overpriced, specially when we compare it with Sierra which charges only $45 a month for the same studies. Truth be told, Sierra studies are not so versatile as IRT/MD but they do deliver what they promise and that, in the end, is what most traders want.

9) How do you rate the community support that exists for Investor/RT or MarketDelta?

I confess that I know very little about the community. They don't have a forum on their website so most questions are directed directly to support.

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  #5 (permalink)
 
plethora's Avatar
 plethora 
Los Angeles, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Rithmic
Trading: GC
Posts: 629 since Dec 2010
Thanks Given: 1,174
Thanks Received: 425


Big Mike View Post
Hi guys,

As part of my research for the upcoming " Where to start as a trader (Part II: Trading Platforms)" webinar, I want to solicit input from members about the platforms they use.

If you could give me some information I would appreciate it.

1) How long have you been using Investor/RT or MarketDelta?
2) What are your favorite features of Investor/RT or MarketDelta?
3) What are some must-have deal breaker features in Investor/RT or MarketDelta that you could not do without?
4) Do you use Investor/RT or MarketDelta in simulation mode only, or do you place live trades with it?
5) Are you a discretionary trader or an algorithmic trader? How does Investor/RT or MarketDelta help you with this?
6) How easy/hard was it for you to learn to use Investor/RT or MarketDelta?
7) How do you rate Investor/RT or MarketDelta's customer service/support, assuming you have needed to use it?
8) Do you believe Investor/RT or MarketDelta is competitively priced?
9) How do you rate the community support that exists for Investor/RT or MarketDelta?

Even if someone before you has said something similar to how you feel, please reply anyway. I am gauging response by popularity so need to hear from multiple people even with similar feelings.

If you have any other thoughts to add please do so. Let's try to keep the thread on-topic, focusing on why you use the platform and leave all other discussion to other more appropriate threads.

Thank you,
Mike

Thanks for starting this thread, Mike, and thanks to those who take the time to respond. Personally, I hope those who have used both platforms comment on their experiences that distinguish one platform from the other.

I'm curious, do you think IRT and MD are preferable to Rancho Dinero, and that is the reason for not including the latter in your survey?

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  #6 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,465 since Jun 2009
Thanks Given: 33,242
Thanks Received: 101,665


plethora View Post
Thanks for starting this thread, Mike, and thanks to those who take the time to respond. Personally, I hope those who have used both platforms comment on their experiences that distinguish one platform from the other.

I'm curious, do you think IRT and MD are preferable to Rancho Dinero, and that is the reason for not including the latter in your survey?

Rancho Dinero is not a platform, it is an add-on to NinjaTrader. You can fill out the NinjaTrader survey in the NinjaTrader thread.

It is my goal to keep all of these "Why do you use <platform>" threads free of any off-topic posts and just focus on the feedback from the survey.

Please create a separate thread if you want to compare IRT/MD to NinjaTrader+Rancho Dinero or other MP/VP add-ons for Ninja.

Mike



Join the free Markets Chat beta: one platform, all the trade rooms!

We're here to help: just ask the community or contact our Help Desk

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  #7 (permalink)
 garyboy275 
wa/ usa
 
Experience: Intermediate
Platform: Rithmic
Trading: "CL ES 6C 6E" NQ only nowadays
Posts: 266 since Oct 2012
Thanks Given: 202
Thanks Received: 454

1) How long have you been using Investor/RT or MarketDelta?
2 years

2) What are your favorite features of Investor/RT or MarketDelta?
Lots of customization, Best feature is the Harmonic rotations-very useful in telling you the direction of market and how strong it is, very competitively price and very reliable data.
MP are also helpful
3) What are some must-have deal breaker features in Investor/RT or MarketDelta that you could not do without?


harmonic rotations and reliability of data and amazing customization
Definitely
4) Do you use Investor/RT or MarketDelta in simulation mode only, or do you place live trades with it?

Dont use either for placing trades-used Market delta a few times for placing trades and they charge extra for that-i am not a tick scalper so using my dom is ok
5) Are you a discretionary trader or an algorithmic trader? How does Investor/RT or MarketDelta help you with this?
discretionary
6) How easy/hard was it for you to learn to use Investor/RT or MarketDelta?
Not that hard, initially its overwhelming but lots of support and definitions are available online and plenty of videos too-once you get the hang of it its amazing
7) How do you rate Investor/RT or MarketDelta's customer service/support, assuming you have needed to use it?
A1 - havent really needed their help but they r very quick to respond
8) Do you believe Investor/RT or MarketDelta is competitively priced? Very Investor RT with DTNMA feed for pro is only 85/mo or so.
9) How do you rate the community support that exists for Investor/RT or MarketDelta? Amazing - tons of videos , definitions, forums etc

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  #8 (permalink)
 
KahunaDog's Avatar
 KahunaDog 
Hawaii at the beach
 
Experience: Beginner
Platform: Nt8, MotiveWave, TOS
Broker: S5
Trading: ES, ZB fine alcohol and muscle cars
Posts: 549 since Apr 2013
Thanks Given: 1,168
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garyboy275 View Post
Best feature is the Harmonic rotations-very useful in telling you the direction of market and how strong it is

Looking into it specifically for this.

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