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I can attest to these options. I sent Pete a PM and he hooked me up with a trial no questions asked. After 1 week of the trial, I purchased the tools. Pete has even given me and another coder with similar tools to his a free trial....AND both of us own the tools. When you give coders free trials AND they purchase your tools, you have a great set of tools.
I consider myself anti-vendor, because I believe you can get most tools available out there for free or code them yourself. However, I am willing to spend money on quality products. These are the only tools I have ever purchased because the quality was top notch and I was instantly hooked on D&S.
Ninja Machine ids are not very unique. They look unique but the 3rd party licensing option in Ninja help menu exists because the machine id's are not very unique. It effectively lets you append text to the id to make it more unique.
Out of the box Ninja licensing app only allows 1 trial per machine id.
So - if you allow a simple download link from your site, after a while, many of those that download it get "trial expired" messages because someone else with a duplicate machine id has done a trial. Ninja license servers think it's the same person.
In the end, you have to register every trial manually. At that point, you want to limit the trials to those that are serious.
So - apart from the fact that making them downloadable to anyone is as good as putting the files on piratebay, you end up with overhead per trial.
Admittedly - way after Jigsaw stopped free trials for obvious reasons (we are evil), we also stopped using Ninja machine ids.
i have a more general question. There are now a lot of orderbook and orderflow systems and tools for Ninja and other platforms available but as far as i know none comes with an automatic entry and exit signal.
All courses and tools have more or less clear rules, but the last step to full automation and backtesting is not done by all vendors. The user is left to its own capabilities.
Is there a reason for this ? Do the markets change their behaviour to fast in order to receive a constant performance?
What is Dinosaurtoast any ways thinking it would probably get moldy after a while.
I have not yet tried his product but judging by the people that do it is of very high quality. What I can review however is the free videos he has on his site and the 3 part series he did for topsteptrader. I found these to be very informative and worthwhile.
Jack22 has been banned for 30-days. I warned him to move on out of this thread after he made his point but continued attacking over and over, he ignored me. So now I am making him move on for 30-days.
I am sure there must be some software with signals, I think Sceeto has signals but I could be wrong. My apologies to them if I am.
I think the reason you don't generally see signals is because the tools are for discretionary traders. Order flow is more about getting a read on where the commitment is.
Reading order flow can be one of 2 things:
1 - Icing on your cake.
So your cake is a method of identifying entry/exit points in the market and the icing is using order flow to reject/refine/confirm
2 - The cake
Which is pretty much trading the order book very short term, what a lot of prop shops have their traders focus on. This is using order flow and nothing else effectively.
It's probably the complete opposite to red light/green light systems and so does not lend itself to backtesting.
In terms of coding up a system based on order flow concepts, it is fairly easy enough to do (look up SOBI, Static Order Book Imbalances) so you can test the concepts in real time. The problem is that the backtesting engines in the major retail trading platforms do not currently give you the ability to backtest with level 2 data.