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I'll offer my thoughts:
1. I use Tradovate and use their CQG feed to power Sierra. Tradovate/CQG charges an extra $12/month for this. You can ask Tradovate if they will allow you to use the CQG feed to power Ninja, although according to the Ninja website, you have to have been a Ninja license holder prior to March 10, 2015 to use CQG with Ninja. If a lot of development is required by Tradovate to do this (as opposed to copying what they have done for Sierra) I am guessing they will decline, as Ninja clearly is not signing up new clients with CQG feeds. Hopefully that makes sense.
2. Alternatively, you can look into programming your indicators, or hiring someone to program your indicators, in either Tradovate (javascript) or Sierra (C++). For Tradovate, to take advantage of the programming, you need the $99/month (paid in advance for a year) plan. For the Sierra option, it's the Tradovate $59/month (paid in advance for a year) plus Sierra (as cheap as $22/month for service package 5 w/mkt & vol profile if paid in advance for a year) plus the $12/month to use the CQG feed on Sierra. (Even cheaper if you don't need the profile.)
Is it possible to trade from both platforms (Tradovate Online/ Sierra) at the same time?
Like Sierra for charting and the orders are placed thru Tradovate DOM?
Yes that is exactly what I do. As I stated above, if you use Sierra for charting anyway, you will probably be happy with the $59/month (paid annually in advance) tier of Tradovate. And Sierra gives great discounts for annual payment as well.
I am testing a demo of tradovate and using the jigsaw trading tools plugin for trade execution. I think tradovate will grow it's platform but coming over from TOS (another java) platform as it is now Tradovate's platform is lacking a lot of features in comparison. That said I am eagerly trying to find a way to make it work as the price savings of their flat rate model are substantial . . . extremely substantial from TOS.
Anyone here used their Market Replay? Any thoughts?
I'm thinking about openning a Free-Membership account with 1000$ (if this is needed) and then pay the 69$/Month not for trading but just for Market Replay. Have anyone done that? Is it possible?
Are there any extra fees like Data Feed's or Inactivity fees? For this purpose.
Just talked to Rick at support at tradovate and was told that if you sign up for the $69/month plan which comes with market replay there are no other costs. Of course if you want to trade than the $99/month plan gives you trading and market replay.
I am in no way affiliated with them. I am using Topsteptrader's platform which is a badged version of Tradovate and have used the market replay in the evenings to trade out ideas that I wanted to try the next day. It has been helpful for me and seems to be easy to use.
I started with GO Futures(.99 per side) and then Generic Futures(.59 per side) Both through Ironbeam. I subscribe to the notion that if you have nothing good to say you do not offer it out of the blue.
So, about tradovate.
I found them when I was looking to find a more suitable home for my scalping. To me, when the service is 100%, free platform and club pricing, I had to try it. I am still with them 2 years later.
Free platform- I had to pay $49.95 a month with the first guys. With Tradovate it's free and that means I'm $50 ahead from the start.
Customer service- First guys, none. When I called I was at risk for up selling. was offered 500 day rates for the ES with a $35 per side commission rate. I was also called every two weeks or so by someone different under the guise that they were seeing if all was well. say one thing is not good and they will sell you whatever you need to make things better.
Tradovate offers 500 day rates to all, upfront and in the advertisement. Andrew Sevin (7) uns the show for customer service and is flawless to date. I do not call very much as I have no problems with the things promised. I called in the past when I didn't know how to retrieve some functions. If I had read the help button I would have never called(chat box not a call). took me time from PTSD that the first guys dumped on me. While trading under Tradovate at the beginning, if the phone rang I hid under the covers and then unplugged the phone. someone knocked on the door, I ran to the basement...
About Club Pricing-You are a member, not a client. Three current plans to choose from. No plan- $0.79 per side. Intermediate plan- $99.00 flat and $0.19 per side. unlimited round turns- $199.00. These are prepaid by the month and a discount is available by the year.
Break-even analysis($199.00)- no plan $199.00/(0.79 x 2)= 126 roughly intermediate plan $199.00/$99.00 +$0.19 per side) roughly 270
Conclusion. As a member there you get top customer service from 7 and his crew. You get a free platform to use. And the ability to grow within the club as you mature.
If you trade,
125 contracts or less per month then 0.79 per side is your best deal
between 125 and 270 contracts then intermediate is for you
All others start saving from the 270 plus mark. you save whatever someone else would charge you.
For me, unlimited is the boss and I just figure in 50 a week or 10 a day if I trade all 5 days. On days that I am slightly ahead, say 100 or so, most of that comes from what I did not pay someone else. A very happy customer there.