for Ninja 7.0 - Zenfire or CQG?

pepdegree · Nov 22, 2011

Quote from nkhoi:

AMP/CQG also has ADV, DECL, UVOL, DVOL (not available on ZenFire and costs $5/m). ADV = NY advance issue, DECL = NY decline issue, up volume, down volume. see pic for a example of how to use it, be creative.

Ok.
Thx

marceck · Nov 26, 2011

From what I have read, stay away from AMP in the first place.

http://www.bigmiketrading.com/brokers-data-feeds/2681-amp-futures-mirus-one-better.html

http://www.bigmiketrading.com/brokers-data-feeds/2681-amp-futures-mirus-one-better-19.html

Mvector · Nov 26, 2011

I know 4 different traders who do over 1000 round turns a month with ninjatrader & zenfire combo - with no problems and nothing but good things to say.

I would use amp if they added Sierra Charts - I got sick of ninjatrader and the inability to use cumulative delta volume.

jo0477 · Nov 26, 2011

Quote from Mvector:

I know 4 different traders who do over 1000 round turns a month with ninjatrader & zenfire combo - with no problems and nothing but good things to say.

I would use amp if they added Sierra Charts - I got sick of ninjatrader and the inability to use cumulative delta volume.

Not sure that's accurate. I use CD, its free with the gomcd pack in the NT forum or you can get the updated versions if you pay for the bigmike subscription.

Mvector · Nov 26, 2011

Quote from jo0477:

Not sure that's accurate. I use CD, its free with the gomcd pack in the NT forum or you can get the updated versions if you pay for the bigmike subscription.

I want historical bid/ask data from my dtn feed without all the hassels - I have that with Sierra Charts standard cd tools. Sierra Charts has uptick / downtick of trades too.

jo0477 · Nov 26, 2011

Quote from Mvector:

I want historical bid/ask data from my dtn feed without all the hassels - I have that with Sierra Charts standard cd tools. Sierra Charts has uptick / downtick of trades too.

Can't argue there, recording the binary files is a bit of a pain. Not sure why ninja doesn't incorporate a CD function... of course that topic has been beaten to death already

fahim6767 · Nov 26, 2011

Quote from marceck:

From what I have read, stay away from AMP in the first place.

http://www.bigmiketrading.com/brokers-data-feeds/2681-amp-futures-mirus-one-better.html

http://www.bigmiketrading.com/brokers-data-feeds/2681-amp-futures-mirus-one-better-19.html

Yeah, I tried to go and post on this big mike thread to raise my concern about Mirus owning a prop shop.

I was immediately bannedâ¦ I guess you can post only good things about Mirus on Big Mikes forum.

jo0477 · Nov 26, 2011

Quote from fahim6767:

Yeah, I tried to go and post on this big mike thread to raise my concern about Mirus owning a prop shop.

I was immediately bannedâ¦ I guess you can post only good things about Mirus on Big Mikes forum.

Interesting, I didn't know that Mirus had a prop arm. Definitely a concern IMO!

Curious (and I really would like to know peoples opinions) about AMP clearing. It wasn't a concern for me since I personally like the clearing business model.

mgabriel01 · Nov 26, 2011

why is it a problem that mirus has a prop arm?
Is there a conflict of interest betweent that and individual day traders?

jo0477 · Nov 27, 2011

Quote from mgabriel01:

why is it a problem that mirus has a prop arm?
Is there a conflict of interest betweent that and individual day traders?

I would think that the MF Global collapse should be sufficient evidence that a prop trading arm can pose some fairly substantial risk. The fact that there is much less regulation regarding the activities of Brokerages coupled with the lack of accountability and reporting standards is the key issue.

I wouldn't say that there is a conflict of interest, but I would personally prefer a broker not involved in proprietary trading. I think I'd feel better knowing that there is no temptation to dip the mitts into the client fund cookie jar.