NexusFi: Find Your Edge


Home Menu

 





A new (open source?) trading platform


Discussion in Platforms and Indicators

Updated
      Top Posters
    1. looks_one MXASJ with 13 posts (12 thanks)
    2. looks_two Big Mike with 12 posts (5 thanks)
    3. looks_3 NetTecture with 10 posts (13 thanks)
    4. looks_4 tradelink with 10 posts (10 thanks)
      Best Posters
    1. looks_one NetTecture with 1.3 thanks per post
    2. looks_two wh with 1.3 thanks per post
    3. looks_3 tradelink with 1 thanks per post
    4. looks_4 MXASJ with 0.9 thanks per post
    1. trending_up 77,491 views
    2. thumb_up 90 thanks given
    3. group 38 followers
    1. forum 142 posts
    2. attach_file 5 attachments




 
Search this Thread

A new (open source?) trading platform

  #1 (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: 50,399 since Jun 2009
Thanks Given: 33,175
Thanks Received: 101,539

Hey guys.

Over the past year a good half dozen or more of you have told me that you are writing your own trading platform. Each of you have your own reasons for writing your own platform, but I think the one thing in common with all of you is that you were unhappy with the platforms that already exist in the market.

A lot of you guys are really brilliant programmers, and excellent traders to boot. I've often wanted to try to find a way to get you together to work on a new trading platform in a joint manner. It seems like a lot of wasted resources to do it independently.

So, I finally just decided to start this thread. I am unsure what kind of traction to expect. Obviously, there are a lot of things to consider when developing a new platform. Everything from the language and architecture, to licensing and pricing, to features and support.

I would just like to say that I will offer up any resources I can to try to bring you guys together to create a joint team.

I think to get us started it might be beneficial for those of you have already started writing your own platform to step up and reply with at least the core fundamentals (language, vision, license) of your new platform, then we can step back and take an inventory and see where we stand.

Mike

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

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Better Renko Gaps
The Elite Circle
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
ZombieSqueeze
Platforms and Indicators
New Micros: Ultra 10-Year & Ultra T-Bond -- Live Now
Treasury Notes and Bonds
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
59 thanks
Funded Trader platforms
37 thanks
NexusFi site changelog and issues/problem reporting
24 thanks
GFIs1 1 DAX trade per day journal
22 thanks
The Program
19 thanks
  #3 (permalink)
 
LukeGeniol's Avatar
 LukeGeniol 
Italy (IT) Italy
 
Experience: Advanced
Platform: ATAS, R|Trader, NT8
Broker: Rithmic
Trading: CL, Brent, GC, TF
Frequency: Daily
Duration: Minutes
Posts: 1,499 since Apr 2010
Thanks Given: 408
Thanks Received: 985


It would be fantastic, I've always thought to the possibility of a custom platform.

Luke.

Take your Pips, go out and Live.
Luke.
Reply With Quote
  #4 (permalink)
 NickA 
London
 
Experience: None
Platform: MC & Ninja mainly
Posts: 135 since Jan 2010
Thanks Given: 5
Thanks Received: 50

Zenfire has sample code for .NET & C++. It compiles and allows you to get ticks into your application. Not a bad starting point. I guess that's one of the first choices is whether to use a managed framework or roll your own.

Reply With Quote
  #5 (permalink)
 
ZTR's Avatar
 ZTR 
 
Experience: Advanced
Platform: NinjaTrader7
Broker: Mirus RCG/Zen-Fire
Trading: CL & 6e, looking at ES, ZB and AU again.
Posts: 2,096 since Nov 2009
Thanks Given: 1,099
Thanks Received: 1,393

I had offered to help NetTecture test & develop a GUI (if he would let me) for his proposed platform and of course Zondor was interested as he had met him on-line previously and thought it was in interesting idea. Nothing happened so far... (Maybe this will give him a push.)

Then beta NTs got better and better. By this point we pushed the development of the ladder & persistent indicators, and even got NT talking out our alerts on line and then complex conditions, etc. & stopped worrying as we felt we had a great discretionary platform and were anticipating all the great things with IQ &/or Kinetick.

Now, there has been the problem with historical data and am thinking for back-testing and strat development there needs to be something else. Until NT 8?

R.I.P. Andy Zektzer (ZTR), 1960-2010.
Please visit this thread for more information.
Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #6 (permalink)
 
wh's Avatar
 wh 
Neubrandenburg, Germany
 
Experience: Advanced
Platform: R
Trading: Stocks
Posts: 538 since Jun 2009
Thanks Given: 298
Thanks Received: 512

there is enough stuff in the air. the problem at the first time is to find a broker api and a good testing army.

what are the goals of "our" framework?

- indepent
- c api for real algorithmic trading
- fast without lags
- forex / future / options
...

to build this we must make a model on a paper/uml.

look at codeplex for example:
CodePlex - Project Directory

i believe sefstrat is a good adress.

Causality is the relationship between an event (the cause) and a second event (the effect), where the second event is a consequence of the first.
Reply With Quote
Thanked by:
  #7 (permalink)
 MXASJ 
Asia
 
Experience: Beginner
Platform: NinjaTrader, TOS
Posts: 796 since Jun 2009
Thanks Given: 109
Thanks Received: 800

Let me preface this by saying I'm an absolute crap programmer, but here are some thoughts and the logic process I've had on a "roll my own" platform over the past few months:
- What do I trade and do I want the same platform and analytics for stocks/futures/options?
- Do I need charting in the same platform?
- Do I need data warehousing and backtesting in the same platform?
- What type of execution latency is accepatble?
- Having decided the instrument(s) I want to trade, what APIs are available?

For now, I've come to the conclusion that Ninja meets my requirements, though it is not ideal. I try to keep my trade logic platform agnostic, and to that end I'll be a Matlab owner and user this year so that I'll have a common trade execution and analytics platform that I can use with some of the widely available commercial trading platforms if I move on from Ninja. Matlab can talk to IB, TT, PATS, RTS, CQG and others though some work is required. If I get good at Matlab and trading programming in general that is also a marketable skill, should the need arise.

The alternative (in my view) is a from-scratch effort to develop a ISO C++ or Java platform on Linux, though that will limit who you can connect to. Again also a (very!) marketable skill.

IMHO creating another .Net multi-asset, multi-broker trading platform is not worth the time. Also weighing in on that thought is my style of risk management and how that risk is calculated, monitored, and adjusted.

In the end a trading platform is just a tool you use to express your opinion about the market.

Reply With Quote
Thanked by:
  #8 (permalink)
 
LukeGeniol's Avatar
 LukeGeniol 
Italy (IT) Italy
 
Experience: Advanced
Platform: ATAS, R|Trader, NT8
Broker: Rithmic
Trading: CL, Brent, GC, TF
Frequency: Daily
Duration: Minutes
Posts: 1,499 since Apr 2010
Thanks Given: 408
Thanks Received: 985

BTW an idea could be to build one from some good existing one that provides api, lately it seems to take interest T4 platform from CTS, very fast and seems accurate feed too.
Anyway one simple no frill platform, fast and realible, would be ideal.

Luke.


P.s. It seems there's no much interest in this topic.

Take your Pips, go out and Live.
Luke.
Reply With Quote
  #9 (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: 50,399 since Jun 2009
Thanks Given: 33,175
Thanks Received: 101,539

I think the right people haven't seen the thread yet. I can't remember everyones names is part of the problem -- but a lot of people have told me over the last year they've got code already started, not just an idea but actual work done.

So hopefully they'll find this thread and we'll see if there is any interest in working on a group project. I guess it will depend on their objective.

Mike

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

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #10 (permalink)
 MetalTrade 
 
Posts: 1,055 since May 2010


SourceForge.net: Download and Develop Open Source Software for Free

Better join an existing active trading program project ?

Reply With Quote




Last Updated on March 10, 2024


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts