NinjaTrader Powered with TD Ameritrade Account

Discussion in 'Order Execution' started by josker, Jan 3, 2015.

  1. josker

    josker

    Hi everyone!
    I want some advices about how ninjatrader would perform powered with a td ameritrade account? The purpose is to use ninjatrader with td ameritrade, to trade future contracts and i'm wondering if the connection between the two is stable enough in a scalping way, like opening and closing positions with 10 second duration.
    I also like so much their thinkorswim platform, and this way it would be great to run my automated strategies on ninjatrader and see market trough their awesome platform and studies, using the same account. if someone can tell me if it's possible and how effective it is, it would be great. Thanks
     
  2. NinjaTrader_Ray

    NinjaTrader_Ray ET Sponsor

    Hi Josker,

    Although NinjaTrader supports TD Ameritrade this support does not extend to futures through thinkorswim. Only stock trading is supported. We support many other brokerages for futures trading including but not limited to our own www.ninjatraderbrokerage.com and interactive brokers.
     
  3. josker

    josker

    Thanks for your answer Ray.
    I was expecting a positive answer about trading futures with a td ameritrade account on ninjatrader. But if you say it's possible with ninjatraderbrokerage and IB I'll make some researches and make my choice. But do you think the connection between the two and ninjatrader is enough solid for scalping?
     
  4. NinjaTrader_Ray

    NinjaTrader_Ray ET Sponsor

    Dp you mean is the TDA connection to NinjaTrader suitable for scalping? If yes, the TDA API that we use was not designed for scalping stocks where milliseconds count. Opening and closing within ten seconds is possible but not optimal.
     
  5. josker

    josker

    I meant connection between IB and ninjatrader
     
  6. NinjaTrader_Ray

    NinjaTrader_Ray ET Sponsor

    Absolutely. I initially developed NinjaTrader back in 2003 to personally scalp futures :)
     
  7. josker

    josker

    And is it going fast enough to open and close orders with 5 to 10 second duration ?
    Second question, so through ninjatrader powered with IB you can trade futures, forex and stocks using ninjatrader and still see in realtime your positions in TWS?
    Thanks
     
  8. NinjaTrader_Ray

    NinjaTrader_Ray ET Sponsor

    Yes and yes.
     
  9. josker

    josker

    Good. Thanks for all your answers.
     
  10. Ray - my question is exactly the same as what Josker asked here. I want to use "automated strategies" with Ninja Trader and API to TWS for swing trading, but challenges are to keep both NT and TWS "ALL THE TIME RUNNING" as if one of shut down, syncing pos back to wheer it was, seem nea to impossible
    tried NTs'"Immediately submit live working orders and "sync account position=TRUE"
    Though it works great for Day trading, quite hard for swing trading which holds a position for weeks/months
    any solution to this ? anyone else know a solution is really appreciated
     
    #10     Jan 10, 2015