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ninja trader vs tradestation

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Old Nov 3, 2008, 4:04pm   #1
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ninja trader vs tradestation
What are pros and cons of ninja trader vs tradestation. Which is more stable?
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Old Nov 4, 2008, 12:57am   #2
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Re: ninja trader vs tradestation
NT's a Low Budget Development, still in infancy... This is supposed to be an advanced programmable front end but, they try to restrict the user to utilize the platform within very tight boundaries set by themselves. One has by far more freedom of on a tradestation than NT
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Old Nov 4, 2008, 11:54am   #3
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Re: ninja trader vs tradestation
What about meta trader 4?
That is a really good free platform!

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NT's a Low Budget Development, still in infancy... This is supposed to be an advanced programmable front end but, they try to restrict the user to utilize the platform within very tight boundaries set by themselves. One has by far more freedom of on a tradestation than NT
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Old Nov 4, 2008, 12:21pm   #4
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Re: ninja trader vs tradestation
Never used NT, but heard that it's good - but being a TradeStation user, Jeff's reply makes me wonder if it's worth looking at it yet. I know there are several forum readers who have used both, perhaps we'll get more opinions.
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Old Nov 4, 2008, 1:30pm   #5
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Re: ninja trader vs tradestation
I use Tradestation and cannot comment on Nt, but you might also want to consider Amibroker, which has quite a strong customer programming side if that is required and it is a one-off cost of around $200.

AmiBroker - Download

AmiBroker - Support zone

It also has APIs to intergrate with Esignal and Interactive Brokers. I don't use it any more, but that is simply because I have moved to TS.

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Old Nov 4, 2008, 2:16pm   #6
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Re: ninja trader vs tradestation
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NT's a Low Budget Development, still in infancy... This is supposed to be an advanced programmable front end but, they try to restrict the user to utilize the platform within very tight boundaries set by themselves. One has by far more freedom of on a tradestation than NT
Really? The C# that NT uses seems a lot more powerful than tradestation's easylanguage. I haven't had a good look at TS though, so not sure. Some of the stuff people have done wiht NT is very impressive though - FinAlg's market profile mod for example.

One advantage of NT is that it's free for sim - I'd be more inclined to try TS if I didn't have to set up an account with them.
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Old Nov 5, 2008, 12:07pm   #7
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Re: ninja trader vs tradestation
yup, that's the downside to TS. You get locked in with their brokerage.

I also heard that NT is evolved, faster than TS at least.

The one criticism of NT that I heard which put me off is that NT does not allow you to reference previous bars' values of a variable using the [1] notation.
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Old Nov 6, 2008, 7:08am   #8
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Re: ninja trader vs tradestation
I heard that NT is the most popular software. Trade station was just behinde as a second one.

Anyway if I download a NT then with which broker I should open an account?

Could you suggest any?

Regards,
LI

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Really? The C# that NT uses seems a lot more powerful than tradestation's easylanguage. I haven't had a good look at TS though, so not sure. Some of the stuff people have done wiht NT is very impressive though - FinAlg's market profile mod for example.

One advantage of NT is that it's free for sim - I'd be more inclined to try TS if I didn't have to set up an account with them.
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