Using Ninjatrader to Demotrade and Backtest

[Using Ninjatrader to Demotrade and Backtest]

The NinjaTrader application is free for what you want but as you pointed out you need a data source. You don't need both, a broker and a data source, just a data source. Depending on your requirements, here are a few options...

 

- If you only need EOD data, NinjaTrader has a free built-in connection to Kinetick for EOD data

- If you need real-time intraday data then you can either purchase a Kinetick subscription (Kinetick - Streaming real time quotes and historical market data) OR connect to a NinjaTrader supported brokerage account OR request a free trial as a prior poster suggested from a broker such as AMP

 

Hi Octavian,

 

It seems everyone out there forgets another option capable of offering intra-day free streaming data: AmiBroker.

Indeed, you'd have to buy the product when the 30 days eval end but they offer unlimited opportunities in terms of connection to various brokers / data feeds, including google and yahoo finance (with free 5 / 15 minute intraday data).

 

More than that, AmiBroker offer their SDK FOR FREE - such that you can extend / add the functionality you need.

 

It's true NinjaTrader / Multicharts types of solutions are backed up by bigger development teams but they cost a fortune (both one off cost + they force you to buy a data subscription). For example, Multicharts - if you need a connection to another, "unsupported" broker / data source, you have to buy their SDK for $15000 - which is just crazy.

 

Overall, benefits offered by AmiBroker counterbalance the lack of a "user-friendly" GUI.

 

Thx