NexusFi: Find Your Edge


Home Menu

 





Futures Data Question


Discussion in Platforms and Indicators

Updated
    1. trending_up 7,749 views
    2. thumb_up 3 thanks given
    3. group 3 followers
    1. forum 1 posts
    2. attach_file 0 attachments




 
Search this Thread
  #1 (permalink)
 
brach's Avatar
 brach 
Austin, TX
 
Experience: Intermediate
Platform: NT, SC, MT
Trading: NQ, ES, Micros
Posts: 90 since May 2018
Thanks Given: 188
Thanks Received: 272

Futures trading data provider question. I currently use SierraChart tick data for developing trading strategies, and Rithmic live. I was wondering if there would be a benefit to using something like DTN IQFeed. Thinking that their "unfiltered" tick data might be better for development.

Any thoughts on this?


Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Iran Airspace Collapses 18 Points to 15.5% While Hormuz …
Prediction Markets & Event Contracts
Fabrication or Framework? Irans Denied MOU Explains the …
Prediction Markets & Event Contracts
Roland Garros Final Day: $3M on Zverev at 80.5% -- Leban …
Prediction Markets & Event Contracts
Trump Media to sell instant access to market-moving soci …
Traders Hideout
Pakistan Mediator in Tehran as Hormuz Normalization Coll …
Prediction Markets & Event Contracts
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
NexusFi site changelog and issues/problem reporting
1 thanks
Darmok and Jalad at Tanagra
1 thanks
  #2 (permalink)
 
matthew28's Avatar
 matthew28 
United Kingdom
Elite_Member
 
Experience: Intermediate
Platform: Topstep X
Broker: Topstep Live Funded
Trading: US Equity Index Futures
Frequency: Many times daily
Duration: Minutes
Posts: 1,250 since Sep 2013
Thanks Given: 3,517
Thanks Received: 2,536

Rithmic has a very good reputation too and is the full data so there should in effect be very little to no difference between that and DTN IQFeed. The only thing that would be an issue would be if you were using a broker's data that was consolidated for order flow, so parceled up in to blocks rather than tick by tick, such as is/was the case with for instance Interactive Brokers.

I remember FT71 who ran a brokerage and a fund, saying in a webinar that he had switched to Rithmic a while ago as he said he thought that was currently the best feed.
And Bookmap recommend Rithmic as it has full depth, good for heatmap charts, and one of their platform features is that it records the full tick data and depth data which can then be used for market analysis.

If I was you I would save the money and stick with Rithmic if your current setup already does everything you want.


"You do not win as a trader, you just get to play again the next day. If that game doesn’t appeal to you then you should not trade" - Gary Norden
Reply With Quote
Thanked by:




Last Updated on October 19, 2021


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts