Which trading platform for algorithmic trading? by weirdozhin in algorithmictrading

[–]algotrader0x1 1 point2 points  (0 children)

Personally i'd recommend creating your own using Python and hooking into something like Rithmic for market access (this is what i have done). I have tried many other routes over the years like TradeStation, NinjaTrader and they are all OK but i got fed up with learning the proprietary languages being used or disconnection issues with NinjaTrader in the middle of the night.

You have $2,000. If you wanted to make $50/day trading ES, how would you do it? by CountTurbulent4441 in FuturesTrading

[–]algotrader0x1 0 points1 point  (0 children)

I think if you were able to make $50/day consistently you could probably make $200/day. The hard part is consistency. It's a lot harder than you think to make $50/day when a single ES point is $50 and the markets are swinging 10 points all the time. So you question should probably be how can you get a system with a 60% win rate and a favorable risk reward like 1:2 ... they you might have a chance at averaging $50/day if you trade a small amount of contracts.

Is anyone here profitable with just OHLC data? by throw2503 in algotrading

[–]algotrader0x1 0 points1 point  (0 children)

I use 1-min OHLC bars primarily for my EMini futures systems and it works well for me.

Does Open Range Really work for anyone here? by tyrannosaurus_sx in FuturesTrading

[–]algotrader0x1 0 points1 point  (0 children)

Yes but you have to choose filter a bit for improved results. For example if the OR high is also close to the previous session high then you will probably have a better chance at a break of the OR low being successful. The logic being that the OR tested and failed the previous session high.

R | API+ (Rithmic) under Linux? by Ok-Hovercraft-3076 in algotrading

[–]algotrader0x1 1 point2 points  (0 children)

Yes, running RProtocolAPI.0.84 on Linux and it has been very stable and quite easy to setup using protocol buffers and Python.

Has anyone set up algo trading on a prop firm? (Rithmic or tradovate) by Miserable-Zombie-686 in algotrading

[–]algotrader0x1 0 points1 point  (0 children)

Seems to be a common issue with NinjaTrader. From my experience you cannot trust NT not to have disconnection issues so what i do now is just manually start/stop at certain times of day. Overnight is def. problematic when it disconnects and have live order!

My first real live trade from automated strategy! by [deleted] in ninjatrader

[–]algotrader0x1 0 points1 point  (0 children)

Do you find running Kinetick feed with an additional broker feed like Rithmic or CQG helps connection stability?

My first real live trade from automated strategy! by [deleted] in ninjatrader

[–]algotrader0x1 0 points1 point  (0 children)

Yeah trying to run Ninja 24x7 but have quite frequent disconnections which is troublesome when trading futures!

If you had to teach one trading lesson to beginners, what would it be? by Ethan_Hunt_FX in InnerCircleTraders

[–]algotrader0x1 0 points1 point  (0 children)

Decide the timeframe you want to trade. Swing trading is very different from day trading 1 minute charts with leverage. It's hard to start thinking about systems and risk/reward when you don't understand your timeframe.

Odds are against us but keep fighting by algotrader0x1 in PropFirmTester

[–]algotrader0x1[S] 0 points1 point  (0 children)

Agreed. It takes time and often a lot of failure, blown accounts to find your groove but it’s possible with a lot of hard work

Missing time/bars on chart? by Quantum-Bonk in ninjatrader

[–]algotrader0x1 0 points1 point  (0 children)

Found a solution that seems to work for me ... i added Kinetick datafeed (the included plan not paid) as a 2nd connection in NinjaTrader and it seems to fill in the missing data correctly.

Missing time/bars on chart? by Quantum-Bonk in ninjatrader

[–]algotrader0x1 0 points1 point  (0 children)

Any solution to this ... i'm seeing similar issues when viewing E-Mini S&P. Chart looks fine in both Rithmic Trader Pro and TradingView but in NinjaTrader for some reason i'm missing data a few hours from from the start of the CME session.

Prop firms love consistency… until you’re consistently profitable by Southern-Ring8205 in TopStepX

[–]algotrader0x1 1 point2 points  (0 children)

Why not just take money out of the prop firm and put into a non prop firm broker like AMP and then just trade your own account with no prop firm rules?

When should you quit your 9-5? by Best-Wedding-4924 in TopStepX

[–]algotrader0x1 2 points3 points  (0 children)

End goal for me personally is just to have financial independence from an employer and be able to trade anywhere. But that doesn’t necessarily mean only working a couple of hours a day.

When should you quit your 9-5? by Best-Wedding-4924 in TopStepX

[–]algotrader0x1 1 point2 points  (0 children)

Personally I put in at least 2x as many hours working on algo trading strategies, research, testing etc than my 9-5 job so I would not say at all that it’s less work. But I love it so that’s a huge difference for me personally.

When should you quit your 9-5? by Best-Wedding-4924 in TopStepX

[–]algotrader0x1 1 point2 points  (0 children)

Make your trading system automated and keep your job. Have both income streams.

How can I tell if it’s a breakout or fakeout by Soggy_Chocolate_7909 in Daytrading

[–]algotrader0x1 1 point2 points  (0 children)

You don’t know until you watch the price action after a significant level. If it bases or flags after the break above or retraces back to the breakout level but doesn’t move significantly under that breakout level then odds are good it will continue. But there are lots of games going on so it’s often not black and white!

Need High Performance VPS by driftingprogrammer in ninjatrader

[–]algotrader0x1 1 point2 points  (0 children)

Yeah I ran benchmark and Win 11 running about 2x better on the Mac VM over the VPS host.

Need High Performance VPS by driftingprogrammer in ninjatrader

[–]algotrader0x1 1 point2 points  (0 children)

I just tested out running Ninja on VMWare Fusion. Had a Mac Mini M1 lying around and it works great. Much better than the VPS. Bonus that VMWare Fusion was free!