Looking for an alternative to NinjaTrader

@Tonkadad,
I'm sure you're trying to be helpful but I was hoping for more than a question mark. As you can see from my initial posting I have some specific requirements. I'd like to know what products can meet the requirements and what shortcomings I might expect with respect to those requirements.

Thx for your help,
Lou
 
Quote from bluelou:

@abbatia,
My trades can last for several days and if I keep Ninja open for more than +/-3 consecutive days the memory leaks build up over time and end up crashing the program. If you're running an automated strategy and Ninja shuts down, then, upon restarting Ninja, you can't just restart your strategy and pickup where you left off. For me, that means that I use Ninja for entries only and manage the stops and limits manually. I can't afford to miss an exit b/c Ninja can't manage memory properly.
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Neoticker doesn't appear to have any of these flaws. I have been running it for weeks without restart (though it's not officially recommended) and had no issues. I don't tend to have more than a dozen charts open at a time but from forum posts it appears other users stretch the platform much more. For those concerned it has "morning restart" procedure, which can run daily on automatic basis and clean up memory. Others prefer to run an automated script that reboots the computer and restarts NeoTicker.

NeoTicker can recognise open positions when it starts and assign them to trading systems. If you don't run more than one system on each instrumen this can be automated; otherwise you may have to assign a position to a running system manually. In both cases there are a few different ways to do it.


Quote from bluelou:

@LeeD
Thx for the info on NeoTicker. I'll check it out. I don't use stop limits so that shouldn't be a problem. But, I do use a custom trailing stop. I would think that any .NET based platform would enable me to implement that.
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You are welcome!

NeoTicker is no a .NET application but it can run .NET trading systems compiled into a DLL. In fact, C# is one of the two most popular programming languages used with NeoTicker (the other one is Delphi). So, it's easy to get help.
 
LeeD,
The restart info on NeoTicker is very helpful. Thx for this. Too bad you can't code in a .NET language directly. Must be some kind of scripting language? Anyway, Tradelink and Neoticker sound like possible solutions.
 
Quote from bluelou:

LeeD,
The restart info on NeoTicker is very helpful. Thx for this.
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You are very welcome.

Quote from bluelou:

Too bad you can't code in a .NET language directly.
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Probabbly it's because NeoTicker has been around since before .NET became mainstream. Personally, I prefer using visual studio even for simple indicators. It's nice to use a full-blown development environment complete with a debugger. I have a "build script" that allows compiling and installing an indicator into neoticker with one button click.

Quote from bluelou:

Must be some kind of scripting language?
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DelphiScript, VBScript, JavaScript and propritary formula laguage for indicators that don't need complex control flow logic such as cycles. The developers put lots of effort into backward compatibility. So, VBScript indicators are still supported though Microsoft dropped support for the laguage a few years back.

Quote from bluelou:

Anyway, Tradelink and Neoticker sound like possible solutions.
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It would be great if you posted what platform you ultimately decide to go with.
 
FYI, there is a Tick-Filter functionality built into Neo - so depending on how you want to preprocess incoming ticks this may be possible without re-writing the IQfeed data interface.
 
@LeeD
I'm working on another project so it will probably be at least a few weeks b/f I start to look seriously at other platforms.

I'l keep you posted. As of this moment I can tell you that I'm inclined to check out TradeLink and RightEdge first. I really need to be the platform to be as extensible as possible and these two seem to have the edge in that regard.

@Pippi
Thx for the tick feed info and Neo. I'll try to check it out.
 
Does tradelink have any way of preventing TWS from auto logoff, effectively keeping TWS on indefinately?
And what happens if there is an interruption to internet connection and TWS disconnects? Could tradelink monitor the connection and log back on again?
 
In tradelink, what happens to a strategy if the tick feed drops or if there's a disconnect for any other reason? Once an auto-reconnect occurs will the strategy pick up where it left off? What happens if a strategy generates a trade while there is a disconnect?
 
as I mentioned, you can control the behavior to be whatever you like.

by default the live trading program attempts to reconnect contiually on an interval you specify.
 
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