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I trade off a one-minute chart on ES. My targets are 2,3 and 5 points (points, not ticks) with three contracts. It's rare for the first target to be there for more than a minute or so. In seriously range-bound markets I will sometimes trade more contracts with a smaller target. I use chart trader exclusively. My computer runs 32 GB of RAM and a 1 TB SSD. My internet is ethernet running at 1 GB.
I guess that's the difference then. For me NT's DOM @ 250 ms is not going to cut it. Especially in the markets I trade, HSI on the Hong Kong ex, its thin and fast. Using NT everything looks smooth and "chewy" from price to price, with SC DOM at 50-100ms you can see refresh orders on levels and crazy algos trying to fill and stuff.
Same goes for TT and CGQ which I've used on the HKFE surprisingly far more info with near true streaming DOM. But I cannot trade the ES so I guess a part of that may be the far far thicker order book.
Another thing does the Nt DOM still only have the first 10 levels of depth with no gaps?
Well, it's time to step into the light. I've lurked around BMT and futures.io for a couple of years now, wandering through the journals of others, sampling indicators, hearing stories of gains and losses and feeling quite at home. I came here …
Unfortunately, Michael no longer posts very actively any more, and, like all of us, his methods evolved over the years.
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote
Data is Ninja continuum, which is CQG. Unirenko to time was based primarily on the fact that unirenko doesn't really tell you very much if we're stalled out and not moving far in either direction. It helps me to understand how long we've been grinding in the same area.
Also worth noting that whilst NT8 chart updates default to 250ms, this can be changed through NinjaScript to be effectively 0ms; or in other words tick updates quicker/faster than the DOM.
Of course this is expensive (little more utilisation on pc resources); but if its important to anyone for scalping off charts, it can be done.