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Old 10-18-2011, 01:58 PM   #1

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Ninjatrader Vs Amibroker

I'm thinking about switching from Amibroker to Ninjatrader. Ami is a very good exploration tool, but when it comes to autotrading, it is no match for NT. The primary differences I see are:

- NT has a extensive COM library and easier to integrate with other applications by harnessing the potential of .NET
- NT offers much easier trade management; using custom stops and scaling techniques in AMI can be really hard
- In Ami it is very hard to incorporate machine learning based strategies
- NT has more powerful backtesting engine
- AMI is no match with NT for handling level 2 data

any thoughts?
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Old 10-21-2011, 06:34 PM   #2

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Re: Ninjatrader Vs Amibroker

Quote:
Originally Posted by Do Or Die »
I'm thinking about switching from Amibroker to Ninjatrader. Ami is a very good exploration tool, but when it comes to autotrading, it is no match for NT. The primary differences I see are:

- NT has a extensive COM library and easier to integrate with other applications by harnessing the potential of .NET
- NT offers much easier trade management; using custom stops and scaling techniques in AMI can be really hard
- In Ami it is very hard to incorporate machine learning based strategies
- NT has more powerful backtesting engine
- AMI is no match with NT for handling level 2 data

any thoughts?
Ami has portfolio level backtesting

Ami has very easy trade management

For just backtesting I think Ami is better.
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Old 10-21-2011, 08:50 PM   #3

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Re: Ninjatrader Vs Amibroker

Amibroker is my favorite exploration tools. But my trade management style involves custom scaling as well as custom stops and it can be done far more easier in NT.

For explorations (say validating a pattern, premise or rule through simple backtest) I will stick to Ami.

For system backtesting & automation I'm looking forward to move to NT. I have talked to a lot 'techie' trader friends and even explored a bit of R (many hedge funds using it), but NT looks better option.
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Old 01-11-2012, 07:45 PM   #4

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Re: Ninjatrader Vs Amibroker

Quote:
Originally Posted by Do Or Die »
- NT has more powerful backtesting engine
What a joke

..........
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