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Webinar: NinjaTrader Advanced Topics with Raymond Deux, Oct 4 2011
Raymond Deux, the President/CEO of NinjaTrader, will be back on Tuesday October 4th @ 4:30PM Eastern US.
If you attended the last webinar with Ray, you'll remember a lot of members were asking some rather advanced technical questions. So Ray and I decided to try and do an entire webinar presentation that just focuses on answering questions from members.
In addition, Raymond has decided to donate a prize: (1) NinjaTrader 7 Multi-Broker License, valid for six months (a $495 value). The prize will be raffled off during the webinar.
I'll update this thread in the coming days with the link to register for the webinar.
I am live license holder of NT for a while already and was working with NT7 developing different strategies and indicators for my own research. However I must say NT gives up to Multicharts for almost everything. I really like data collection, workspace, pluggable trailing stop strategy solutions, per chart data and many other interface enhancements MC has readily available as these are necessity for everyone trading. However with unknown NT update/release strategy looks like many enhancements many traders demand are postponed (or maybe even not considered) indefinitely.
I am not trying to flame here but would like to suggest calm constructive action as we are community that still trust in NT and use this product, so maybe we could influence development direction of NT exposing what we are not happy about. I suggest people to compile list of major (functional and architectural) deficiencies of NT and present this list to CEO as community's voice. This is our opportunity, let's not waste it!
My list:
- standalone data collector similar to QuoteManager MC has, that could run and collect price data independently on any machine and serve price data to charts, or backtesting strategies locally or via network;
- backtesting/optimization is standalone, separate program that doesn't freeze/crash NT while fetching historical data, etc. Backtesting should have batch job and pause/save, load/resume job capabilities.
- historical bid/ask data for CD volume studies;
- per chart data feed; (for example I want to have two simultaneous charts of EUR/USD, one receiving data say via MBT, another via Dukas);
- customizable undocable toolbars with ability to assign actions to buttons, some actions duplicate context menus (say drawing tools), other - user defined, like dataseries switch, indicators on/off, etc. To me, this feature is single most important (and quickest) change NT can do with almost minimal effort that immediately lifts NT to new usability level.
Personally I think NT is understaffed with programmers who could work with interface enhancements between major releases. Because if we look at change log, we see that minor releases that come at average every 2 months have bug fixes, sometimes data feed driver enhancements. And we get interface upgrade with major releases only that come every... 2-3 years?! If this trend will continue NT will loose half of it's audience within next year.
In defense of NT.....As was mentioned in his previous seminar....some features (such as the ones you mentioned) are not minor "interface enhancements" and require major code changes and/or gutting of NTs code base. For most users in a production environment, more than likely, this would introduce too much risk for potential bugs or unstable software. In other words, you might need to see it as a "major rewrite" from a developers perspective vs "interface enhancements" from a users perspective.
well, data collector engine, backtesting - yes, you are right, but user interface usability enhancements such as say customizable toolbar, etc? Common, toolbars would take 5 days for me, and for professional programmer that's maybe 2-3 days Anyway MC staff somehow manages to provide continuous upgrades with larger feature set... So no excuse here.
Let's not beat up Ray before he even takes the stage... Ray has always openly answered all questions, feedback and criticism, I am sure this time will be no different.