[Mysticforex]

Originally Posted by SIUYA »

I agree with Tams....
Bloomberg, while greatly improved, is not a charting program.
Major ones to look at an research as each has their advantages and disadvantages....plus it greatly depends on what instruments you trade and the info you want.
Sierra chart, Multicharts, Metastock, Ninja trader, Amibroker, tradestation, Esginal, advanced Get......the list continues.......

Siuya,

Did you catch the Ninjatrader Webinar yesterday? I was impressed. The rording should be posted on the site soon.

[Ninjatrader_Staff]

Depending on your requirements, NinjaTrader is free if all you need is market analysis. If you want to trade, we charge you. We support a number of different feeds including CQG (mentioned earlier in this thread) plus our own brand, Kinetick.

A full list is located here - NinjaTrader stock, futures and forex charting software and online trading platform. Tour and Features.

[SIUYA]

Mystic - I stoppped using ninja trader.
I never really got into it, as i did not like the feel of it and the feedback seemed that it had issues with recent upgrades, so i focused elsewhere.
For friva - given your trading it seems you might be best looking at anyone of the systems mentioned and seeing what you like. Each has a different feel, different style.....and so its up to you.....as each user is different. There is also a lot of fourms around for each which more specific questions might be asked.
they all have trials, or a cheap to test for longer periods.
Some brokers might also offer soft dollar options for CQG, bloomberg etc; if you pay enough brokerage.....this could also be an option?

One other option might be OEC as it has the charts and broker all as one.

[steve46]

First a comment for Ingot...sir our "shoes" are not so different....unfortunatel y I have to use specific tools for the bond market, because of the volume I have to move....If I were trading my own account, actually I would NOT use them because I could get similar results (but it would take more time) using other more easily available methods.
Second to those interested you can trade equities using CQG, and as I pointed out, because the premium (as compared to Esignal for instance) is significant, unless you need SPECIFIC tools (they offer different data items, and their Market Profile display is better for example) it is probably not for the average guy/girl.
Finally the data delivery.....I can tell you about this first hand, because there was a time when I traded two conditions that required consistent data delivery during high volume/high volatility conditions....one was Fed Announcement....the other was economic report releases including earnings....I realize that most of you don't like to get involved at those times, because the volatility is hard to manage. During these high vol times, CQG provides very consistent delivery (I know because I have had both CQG and Esignal side by side on my screens) and I have seen (in past) Esignal slow down to the point of freezing, while CQG just chugs along like nothing was happening....you see....so really it depends on what you need....

Personnaly, if I were retail...trading regular hours and staying away from high volatility situations, I would choose either Esignal or IRT as the best price/features compromise. Of those two products, I would suggest that Esignal requires the LEAST upkeep and maintenance....IRT on the other hand requires active periodic management of the database.

I hope this helps

Good luck

[ChartistLion]

Hi friva,

Have you tried Updata Professional or Updata TraderPro. TraderPro is more for the private investor but it is a very powerful charting software. Interesting to note that quite a lot of trading houses have Updata's TA software (Professional) hooked up to their bloomberg terminals so they can get bloombergs data feed going directly into Updata in order to do their TA. TraderPro is affordable and there are different versions with their own feeds or you can use a third party data feed. I'd be happy to provide you with a copy and show you around this software if you wish. Just PM me.

Best regards,

Chartist Lion

[friva]

thank you, I'll contact u when ready to test

[ChartistLion]

That should be great!

[sunshinejim]

If you are trading futures CQG is top notch. I have had a very successful career in futures since 1984, tried tradestation esignal among others but have always returned to CQG for it's superior charting and now trading capabilities. If you are going to fail trading it won't be because you spent too much on your charting software....give yourself a fighting chance.