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    Forums ›› Tools of the Trade ›› Trading Software ›› QuoteTracker To Be Finished End of 2011  


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NinjaTrader_Ray
ET Sponsor

Registered: Nov 2005
Posts: 427

 

01-14-11 05:24 PM


Quote from uexkuell:

Just recently had (again) a look at NT and a conversation with their support.

It's ridiculous: You can't have constant volume charts with IB backfill in this program!

That's something that QT could do for ages though it has a long standing and ennoying bug in the way it does it.


Bottomline is for me ist that NT doesn't really care about IB users.
They want you to subscribe to some extra backfill service (barcharts is apparently their favorite).



We care very much for all our clients including those using IB. Currently you are right in that NinjaTrader cannot construct volume bars nor any bar that requires historical tick data when using IB as a data provider. This is because IB does not support historical tick data. If/when they do, NinjaTrader will support this.

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uexkuell
 

Registered: May 2006
Posts: 292

 

01-14-11 09:51 PM


Quote from NinjaTrader_Ray:

NinjaTrader cannot construct volume bars nor any bar that requires historical tick data when using IB as a data provider. This is because IB does not support historical tick data. If/when they do, NinjaTrader will support this.


QT can and does construct volume bars from non-tick data (like IBs) for ages.

It is absolutely not necessary to have tick data to build volume bars.

Also IB is supplying historical data down to the 1 sec level.
This is for sure close enough to tick data.

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trade2live
 

Registered: Jan 2009
Posts: 314

 

01-14-11 10:38 PM

Well can anyone confirm this ? The OP has only 19 posts , and QT has no announcement on its website. Sounds fishy ...

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BSAM
 

Registered: Sep 1999
Posts: 8378

 

01-14-11 11:03 PM


Quote from trade2live:

Well can anyone confirm this ? The OP has only 19 posts , and QT has no announcement on its website. Sounds fishy ...



I contacted them. It is being "drawn down".

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garbar
 

Registered: Feb 2007
Posts: 34

 

01-14-11 11:07 PM


Quote from trade2live:

Well can anyone confirm this ? The OP has only 19 posts , and QT has no announcement on its website. Sounds fishy ...



I'm not playing games. I asked support for a new feature, they told me they weren't adding new stuff to the program. I told them that sounded bad and the next thing we would hear is the program was going to be discontinued. They responded it was unfortunately going to be "drawn down by the end of 2011."

Put two and two together. No program updates in a LONG time when they used to be done every few days. Website looks like it's stuck in 1998. Those alone should be a pretty good clues this project is no longer being tended and nurtured.

Just wait and see if they do as I've reported. I'll be the first to say I hope someone takes over and keeps QT alive. Then you can say I was pulling everyone's leg. [Why I would do that I don't know. I have more important things to do.]

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jeb9999
 

Registered: Feb 2008
Posts: 1864

 

01-15-11 12:00 AM


Quote from LeeD:

I doubt any of this is feasible. During good times Ameritrade paid through the throat to get QuoteTracker. I doubt they will sell it now for a fraction of the price they paid a few years back. Any gain from prospective sale is immaterial on the scale of Ameritraid revenues and losses. Further, by letting QuoteTracker die they kill off the competition.



How does that logic work?

By letting QuoteTracker die Ameritrade hands customers to the competition.

One of the problems that Ameritrade has with QuoteTracker is that the software is so good it shows how crappy the Ameritrade data feed is. Rather than provide a decent data feed they kill off the charting software.

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