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Confused about Datafeeds


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  #1 (permalink)
JimboV
Germany
 
Posts: 3 since Sep 2018
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Hello Traders,


I'm having a bit of a problem deciding how to go on regarding NT8 and its datafeeds.
With opening an account with the NT brokerage, I get to use NT8 for free (with higher commissions), right?
But how about those datafeeds?

I would like to daytrade the Eminis.
I've heard one can subscribe to instrument specific datafeeds for 5$ or so?!
Or is there even a totally free option I could use?

I really don't want to subscribe to their 60$/mo plan in the beginning. Is that the only option?




Thanks.


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  #2 (permalink)
 
TradingOgre's Avatar
 TradingOgre 
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JimboV View Post
Hello Traders,


I'm having a bit of a problem deciding how to go on regarding NT8 and its datafeeds.
With opening an account with the NT brokerage, I get to use NT8 for free (with higher commissions), right?
But how about those datafeeds?

I would like to daytrade the Eminis.
I've heard one can subscribe to instrument specific datafeeds for 5$ or so?!
Or is there even a totally free option I could use?

I really don't want to subscribe to their 60$/mo plan in the beginning. Is that the only option?




Thanks.

Yes, you get NT8 for free with an account with them. It does have some limitations like not having access to the OrderFlow suite of indicators. That only comes with a lifetime license.

Here is a screenshot from the section where you choose your data plan. You can get away with as little as 7 bucks a month. Which is cheap compared to many plans out there.


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  #3 (permalink)
JimboV
Germany
 
Posts: 3 since Sep 2018
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Wow, thanks for that screenshot. Never seen that one before.
That was exactly what I was referring to.

Can I choose directly when I become a NT client? And what feed provider is that? (Kinetic I guess)


Just trying to figure out how hard the setup is compared to demo.


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  #4 (permalink)
 
TradingOgre's Avatar
 TradingOgre 
Evans GA/USA
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JimboV View Post
Wow, thanks for that screenshot. Never seen that one before.
That was exactly what I was referring to.

Can I choose directly when I become a NT client? And what feed provider is that? (Kinetic I guess)


Just trying to figure out how hard the setup is compared to demo.

It's through Ninjatraders Continuum. Haven't had any issues with it over the last 2 months since I opened the account. Very stable.

Yes, you choose what data feeds you want. They will send you a link to the page I got the screen shot from and you check which feeds you want.

The whole process from start to being able to trade takes about 1 week so be prepared for that.


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  #5 (permalink)
 tr8er 
Europe
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And you get historical data with that? I guess not.


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  #6 (permalink)
 
TradingOgre's Avatar
 TradingOgre 
Evans GA/USA
Legendary Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Broker: NinjaTrader Brokerage - Philip Capital
Trading: NQ,ES,6E,CL
Posts: 556 since Jul 2018
Thanks Given: 908
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tr8er View Post
And you get historical data with that? I guess not.

Yes. You get historical data. Although you get historical data for free with NT, even the free NT version.


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