any recommendation for free real-time charting software that work with IB???

[Rationalize]

Quote from def:

They aren't hard to add. However, committing to a MAS license which would require an office in Singapore is.

Timber Hill != Global market maker?

 

[def]

Quote from Rationalize:

Timber Hill != Global market maker?

Making markets with firm capital and offering products to retail are two distinct businesses - especially in the eyes of regulators. Don't compare apples and oranges.

 

[Rationalize]

Quote from def:

Making markets with firm capital and offering products to retail are two distinct businesses - especially in the eyes of regulators. Don't compare apples and oranges.

Argh .. understood .. Can leverage technology, but not compliance frameworks..

I stand corrected. Cheers..

 

[RonRayGun]

Quote from def:

They aren't hard to add. However, committing to a MAS license which would require an office in Singapore is.

I was referring to NinjaTrader's lack of Singapore dollar as a contract currency.

 

[dlonET]

Quote from RonRayGun:

The problem is that NinjaTrader builds all real time bars from tick data and doesn't backfill them with the correct backfill data from IB. I had to write a backfiller myself to correct this.

Also: Why is there no support for Singapore dollar denominated contracts? Why is this so hard to add?

You are lucky that you have these skills but others may use SierraCharts that does that.

 

[dlonET]

Quote from RonRayGun:

The problem is that NinjaTrader builds all real time bars from tick data and doesn't backfill them with the correct backfill data from IB. I had to write a backfiller myself to correct this.

Also: Why is there no support for Singapore dollar denominated contracts? Why is this so hard to add?

Is your backfiller a complicated piece of software? Can you provide it to me to see the difference?
Thanks

 

[uexkuell]

Quote from NinjaTrader_Ray:
You are correct, NinjaTrader will not backfill with IB when working with bars that are built from ticks.
This is because IB does not support historical tick data.

No.

This is because NinjaTrader refuses to make an effort to include the feature in the program.

E.g. 1 sec backfill (which is supplied by IB) can very well be used to reconstruct constant volume bars.
This can be seen in QuoteTracker which does it for ages.

The problem is just that NinjaTrader is obviously not prepared to satisfy needs of IB customers.

 

[tomahawk]

Quote from Locutus:

Cheap and very good: www.sierracharts.com

Free and good enough: www.ibcharts.com

Thanks for the links, especially that 2nd one. I've never heard of anyone using charts from that site, so I'd love to hear from someone who has and get their critique. I like that it's free (cheap bastard that I am), but if it's any good I'd imagine there'll be a fee for it at some point.

IB's developers have really lost their way now ... can't even get the correct full Globex session on a one-day chart anymore. It seems to have escaped them that "today" starts at 18:00 and goes to 16:15 rather than 00:00 and 23:59, even though high/low on TWS shows it knows the difference.

 

[LeeD]

Quote from tomahawk:

IB's developers have really lost their way now ... can't even get the correct full Globex session on a one-day chart anymore. It seems to have escaped them that "today" starts at 18:00 and goes to 16:15 rather than 00:00 and 23:59, even though high/low on TWS shows it knows the difference.

I think the problem is the trading seession lasts over more thna one day. I guess they have lots of hardcoded assumptions that a day sessions spreads over the course fo one day only. The "pit" trading session is displayed fine.

 

[tomahawk]

Quote from LeeD:

I think the problem is the trading seession lasts over more thna one day. I guess they have lots of hardcoded assumptions that a day sessions spreads over the course fo one day only. The "pit" trading session is displayed fine.

Yes but this is not shocking news to anyone, least of all to them.

Since I started with IB, over 4 years ago, they had this one simple concept right ... a "1-day" chart meant session start to session end, no matter what product or exchange. As of today, for the first time they changed "1-day" to mean a calendar day, on all futures products on all exchanges, which is absolutely retarded. The midnight time threshold means nothing special in any market that I know of.

Once again, IB shows they have little clue about (or regard for) the needs of traders, and makes another completely unnecessary and disruptive change for the worse.