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Ninja vs. MultiCharts .NET


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Ninja vs. MultiCharts .NET

  #1 (permalink)
 vantojo 
Vilcabamba, Ecuador
 
Experience: Intermediate
Platform: Ninja
Trading: NQ, UB
Posts: 204 since Jul 2012

Has there been an in-depth comparison yet of Ninja and MultiCharts .NET from a developer/coder perspective?

From an architecture perspective .... Strategies versus Indicators

Hybrid chart trading with strategies running at the same time?

Thanks

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  #3 (permalink)
 
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 sam028 
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vantojo View Post
Has there been an in-depth comparison yet of Ninja and MultiCharts .NET from a developer/coder perspective?

From an architecture perspective .... Strategies versus Indicators

Hybrid chart trading with strategies running at the same time?

Thanks

Both can do basically the same thing, but it's much much harder to code with MultiCharts.Net, it's using more low level methods.
You can easily see this is you try to implement the same strategy on both platforms, let's say a SMA cross-over using an ATR for stops/targets.

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  #4 (permalink)
 vantojo 
Vilcabamba, Ecuador
 
Experience: Intermediate
Platform: Ninja
Trading: NQ, UB
Posts: 204 since Jul 2012

what about trade submission and management?

Does MultiCharts .NET have the same architecture regarding that Strategies and Indicators that shall forever remain separate?

Basically I want to have an indicator on a chart that is auto trading (submitting orders, closing positions), of course being able to turn it on and off, and, also manage those trades manually.

Not easy to do in NT. It can be done and I have it working by sending messages from an indicator to a strategy, but when you manually exit the position NT disables the Strategy and it has to be manually restarted.

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  #5 (permalink)
 
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 mattz   is a Vendor
 
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vantojo View Post
what about trade submission and management?

Does MultiCharts .NET have the same architecture regarding that Strategies and Indicators that shall forever remain separate?

Basically I want to have an indicator on a chart that is auto trading (submitting orders, closing positions), of course being able to turn it on and off, and, also manage those trades manually.

Not easy to do in NT. It can be done and I have it working by sending messages from an indicator to a strategy, but when you manually exit the position NT disables the Strategy and it has to be manually restarted.

MC .NET has the same architecture regarding that Strategies and Indicators. You can send messages from an indicator to a strategy as well. The only difference is that MC .NET does not disable auto trading when you manually exit the position.

Thanks,
Matt

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
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  #6 (permalink)
 vantojo 
Vilcabamba, Ecuador
 
Experience: Intermediate
Platform: Ninja
Trading: NQ, UB
Posts: 204 since Jul 2012


mattz View Post
MC .NET has the same architecture regarding that Strategies and Indicators. You can send messages from an indicator to a strategy as well. The only difference is that MC .NET does not disable auto trading when you manually exit the position.

Thanks,
Matt

Well at least that is an improvement over NT.

I've requested from NT that they make the disabling of auto strategies configurable when a position is manually exited.

I don't want to be cynical, but unlikely it would ever get into their code base, even though it would be very simple.

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  #7 (permalink)
 
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vantojo View Post
Well at least that is an improvement over NT.

I've requested from NT that they make the disabling of auto strategies configurable when a position is manually exited.

I don't want to be cynical, but unlikely it would ever get into their code base, even though it would be very simple.

You will find that the team in Multicharts is very driven by the smallest improvements to their software and it is very documented. MultiCharts Project Management

Further, I find that the people who make the community of MC, who are using automation, are traders with above average industry experience so when it comes to adding features, they also have good feedback coming back at them from their own users. It is a rock solid platform.

Matt

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email [email protected]
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  #8 (permalink)
 vantojo 
Vilcabamba, Ecuador
 
Experience: Intermediate
Platform: Ninja
Trading: NQ, UB
Posts: 204 since Jul 2012

How much work is it to convert complicated NT scripts to MultiCharts?

I have extensive custom NT code, including adding buttons, timer events, click trader (enters a chart order with just one click, no pop up), strategies that trade in conjunction with signals from indicators, indicators that give me signals from Market Analyzer, SMS and XMPP alerts, trades based on slopes, etc.

Because of the limitations of NT I had to create a kind of infrastructure to do what I need.

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  #9 (permalink)
 
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vantojo View Post
How much work is it to convert complicated NT scripts to MultiCharts?

I have extensive custom NT code, including adding buttons, timer events, click trader (enters a chart order with just one click, no pop up), strategies that trade in conjunction with signals from indicators, indicators that give me signals from Market Analyzer, SMS and XMPP alerts, trades based on slopes, etc.

Because of the limitations of NT I had to create a kind of infrastructure to do what I need.

We can give you a demo over MC.Net and work with the MC team to try and get it converted.

PM or email me.

Matt

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email [email protected]
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  #10 (permalink)
 vantojo 
Vilcabamba, Ecuador
 
Experience: Intermediate
Platform: Ninja
Trading: NQ, UB
Posts: 204 since Jul 2012



mattz View Post
We can give you a demo over MC.Net and work with the MC team to try and get it converted.

PM or email me.

Matt

Hi Matt,

I'm not ready to make a conversion project...just looking for information. Thank you.

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