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Just wait a few months, as soon as this company goes production and starts making a little money, it will get on TT's radar screen, and they will swoop down like a hawk with threats of litigation, even though the product may technically abide by the patent. And guess what, being a small company, they know they would not survive the litigation costs being brought down by the 300lbs gorilla. Their only option to stay in business will be to make their customers pay the TT fees. Another small company gets raped, we the customers get raped. "Bend over and take it"
Sure they copied it. Didn't NT copy chart trader from TradeMaven, Didn't Gomi copy the volume ladder from Market Delta? Didtn't whoever uses Market profile copy it from some body else? Didn't someone copy ATM's from somebody else? Didn't TT copy candlestick charts that move from right to left from someone else? How much are they paying for that? Didn't every product out there copy something from somebody else? Were not those ideas original? Aren't all those ideas making money for many companies without resorting to extortion?
Again, I am asking, if everyone who came up with every one of those original ideas had the TT mentality, and asked a fee for every product who used those original ideas, how much do you think it would cost you to put on 1 trade? My protest is against the stifling and heavy handed nature of TT, but the legal system which allows them to claim that anyone displaying clickable static numbers vertically on a screen has to pay a fee, is just ridiculous.
you create something
you design something
you are the only one
you worked hard on it
you worked really hard on it
you sell it
you have an edge on your competition because of it
--
they just copy it
please tell me how you would feel ? what would you do if you had the power ?
You need to ask that question to the people that TT copied scrolling candlestick charts from, and bracket orders, and indicators at the bottom of a chart from, and... etc. I'm not saying they don't have the right to do it, I'm just saying they do it because they are greedy blood suckers, and I will not support a company with that mentality.
Plenty of companies have come up with innovative stuff that they worked hard on, they make money by making sure that their product is the best at it. All of these other companies could have gotten patents and charge every body and their sister for using the idea, but they are not greedy opportunists. Now, Ninjatrader needs to get a patent on ATM's and make TT pay for using bracket orders.
When using their version of "ATM", it shows where the stops will be dynamically before you place an order
Volume with options to see the numbers and/or the graph
Slow scrolling allows easy entry at the correct price while keeping current price centered, almost like a hybrid between static and dynamic DOM
Cons:
If you want to see the trades marked on a chart, you will need to have two charts, one for the strategy to run without ChartTrader and a second chart with ChartTrader .
For some reason when I setup an "ATM" with a Target and a Stop Loss, the DOM would cancel the stops saying that it couldn't confirm the orders . It would leave the position open.
When I configured an "ATM" with just a stop loss it worked perfectly.
There is a setting to tell it not to cancel the orders but it still relinquishes control of the stops, so you would have to manage everything manually. Not sure WTF is going on with that.
It appears you give up the ability NT has to move Stops with "One Click".
I haven't spent that much time with it , so anything I couldn't get to work may not necessarily be the fault of the software.
YMMV
I'm just a simple man trading a simple plan.
My daddy always said, "Every day above ground is a good day!"
We have a new version out which fixes some issues with several instruments.
You may download and enjoy, let us know if you encounter any problems. Also please don't PM me here on big mike I can not reply until I have enough posts. You can contact me through our website.
ThatManFromTexas
If you can reproduce this please contact us. This is a precautionary measure. If no confirmation for an automated target or stop order is received then the connection may be down. In this case you can select whether to cancel or leave the auto generated orders. DOMSphere will do its best to accommodate you in this instance.
Every orders bar has up/down button to move an order 1-3 ticks with a single click. This is usually enough for most instruments. But we are open to suggestions for improvements.