[granny ring]

Do IB charts allow for pivot points? I haven't found that study. I was planning on using IB for charts (data) and execution, but I am wondering if I should be looking at a second source such as tradestation or Ninja trader for charts and IB for execution...I plan on day trading ETFs and eminis...
Thanks!

[stanlyd]

i strongly suggest looking at another vendor for your charting. Ib's charts are pretty bad. If you want to try a nice free solutions for stocks check out http://www.quotetracker.com/

[granny ring]

Thanks! It looks like it will connect to my data feed at IB! It seems too good to be true...

[OAC]

Ninjatrader is the best for this purpose. You can specify exactly when each trading day begins and ends.

[diablo272]

Originally Posted by OAC »

Ninjatrader is the best for this purpose. You can specify exactly when each trading day begins and ends.

That's true, and it's a good feature of NT if you set the beginning and end of each day as the same time (ie 4:15 PM is the open and close, or 12 AM is the open and close, etc). One thing I don't like about this feature though, is that if you set the open and close to different times, like 9:30-4:15, and you look at a chart with those times set as the open and close, the chart will ONLY show data from 9:30-4:15, and it will not show data from after hours or premarket.

[86834]

IB is a very bad source of data. All depends on what ou want out of your charting and budget etc. I suggest pro realtime - it's cheap and a very good source of data.

www.prorealtime.com

[granny ring]

I was planning on running Ninja Trader with the feed from IB. Why is this "a bad source of data" Should I be looking for a paid data feed, like esignal or tradestation?

[OAC]

Originally Posted by granny ring »

I was planning on running Ninja Trader with the feed from IB. Why is this "a bad source of data"

You must did something wrong. You need to run TWS concurrently with NinjaTrader. Also you must configure TWS's API setting correctly.