Neoticker

Discussion in 'Automated Trading' started by dilbert003, Feb 7, 2005.

  1. All I can say is that you have no idea what you are talking about! I use NeoTicker for all of my trading, and it does things that couldn't even be considered with the other platforms. The main problem I've observed with NeoTicker complainers is that they don't spend any time to try and figure out how the program works or what it is that they want to accomplish. They end up doing stupid things like applying complex tick based indicators to 100 different extremely high volume stocks ... then they wonder why their computer is getting overloaded. NeoTicker is an extremely powerful program, but one has to spend some time to learn how to use the power.

    If you're really concerned about paying $200 a month for a data feed, then you really shouldn't even be trading!

    Regards,

    Slave2Market

    P.S. See some of my previous posts if you want to see some accurate comments in regards to NeoTicker.
     
    #71     Oct 28, 2005
  2. We do not impose a lot of restrictions in using NeoTicker, that makes it hard for many beginners in trading who like to try many new things and expecting the program to stop them (or safe guard them).

    Putting such restrictions into NeoTicker can be done easily. But majority of our existing clients objected the idea because they know how to stretch the limits :)

    For users who connect to brokerage data feeds, it is not likely they will breach the limit of their computers. Thus the usage experience with, say, MB Trading is usually better.

    Different data feeds have strengths in different areas. For example, eSignal's data arrives on time more often than other data feeds when the mkt is extremely busy while you are tracking a lot of symbols. On the other hand, QCharts has very long term historical data for someone who needs to conduct backtesting across many symbols over a long historical period. DTN IQ (IQFeed) is affordable and stable (with the latest API release) if you track a limited # of symbols. RealTick's data is also very good at arriving on time during busy mkt condition and its Level2 data is amazingly detail (we are thinking of ways to make that available to NeoTicker users).

    One interesting issue with Internet data feeds is the use of combined trades in data delivery. When there are 2 trades, one at 10 contracts and one at 1 contract. It is not the same as 1 trade at 11 contracts. Many data vendors who try to reduce their server load, will choose to combine the "ticks" and sending reduced updates.

    That will completely distort the information you get in real-time. I have done a presentation here sometime ago about the analysis of bid/ask data with respect to the tick data. If the ticks are combined together, you cannot analysis the information correctly at all. Here is a good example, when there are 10 trades each at 10 contracts, if your data vendor sends you a single update of 1 trade at 100 contracts - you thought you got a big player traded at that price.

    Some data (like IB's streaming data) is by design to combine the ticks all the time because it is time polled. The more busy it gets, the less # of updates you get, and greater the number of trades are combined together per update.

    As a summary, more busy the mkt, the more likely combined ticks is used for some vendors - but that is the exact time that you need those detail information, tick by tick.

    Depending on your trading style, you may not need the tick by tick details. But for some traders, that is very important and paying up for the service that meets the demand is a no brainer.
     
    #72     Oct 28, 2005
  3. Nonsense. I have spent quite a bit of time (almost 3 months) with this program. Every week- atleast 2 crashes.

    My computer is solid. Thank you very much. Neoticker was using <500Meg (25% of RAM), and 30% CPU most of time. Every once in a while it would crash, no idea.

    In contrast, I've written innumerable DLLs to interface with SierraChart. It has performed admirably. No crash. That is what I pointed out. A $10 software that rocks.

    And finally you dont tell me how much I should be paying monthly. If you want to pay top dollars, be my guest.
    I wanted to point to the readers the "real cost-performance tradeoffs" using neoticker. IMO, for the same cost that would pay for NT+data+Frontend, you can acheive better perfomance with a combination of other tools. Conversely, for the same performance that Neoticker can handle reliably, there are lower cost alternatives.

    I've heard the nonsense about neoticker is powerful, takes time to learn.. blah blah -- ad infinitum. If you are a good trader, you need to ask yourself elementary questions like " the power/performance of a tool comes at what cost?".. Otherwise you should not be the one trading..

    And finally, I do like Neoticker- the look and feel is great. If they improve stability and reliability, and somehow reduce real cost of integrated package I might consider going back.


     
    #73     Oct 29, 2005
  4. lhclin

    lhclin TickQuest

    Clearwater,

    There is a stability problem you are having and you like the program in general. So why don't we work on the stability issue?

    I assume you have contacted support and did not have the problem solved. Can you send me a personal email identifying your client id? I will go through your support corresponding messages personally and see what's going on.

    We work very hard to help clients to have their problems solved. Once fixed, they do not experience the type of stability problem you are experiencing.

    You've mentioned that you have stayed with us for three months. That's a lot of money you've paid us already. And we do commit a lot of resources to help clients. Please utilitize that.

    Regards,

    Louis
     
    #74     Oct 29, 2005
  5. Cuspis

    Cuspis

    How many symbols can neoticker scan in realtime before the system gets bogged down on a fast XP machine, lets say 3ghz+ and 2 gb ram?

    Thanks
     
    #75     Dec 8, 2005
  6. I tried it with 2 gb ram/3.6ghz/winxp pro about a year ago on about 1000 symbols and it would crash after an hour so I gave up on that project. The computer was working *only* with neoticker, btw.

    I was dissapointed because I DO like the look/feel of the platform and the guys at Tickquest are damn good at answering questions and helping users in a timely manner. But for me, I needed something to handle 1000+symbols rock-solid all day and it wasn't quite there. Maybe they've improved it since then? I don't know.

     
    #76     Dec 8, 2005
  7. lhclin

    lhclin TickQuest

    Was that a beta cycle release?

    It typically takes 1-2 sub releases to address bugs. So if you report to us the problem one year ago, most likely the bug is already fixed.

    Give the latest demo a try. If you still see the problem, please let us know.

    Louis
     
    #77     Dec 8, 2005
  8. Hello,

    I've read through this thread and saw mention that NeoTicker team are not yet interested in accessing the IB backfill interface for neoticker. This is a shame. I primarly trade asian markets (nikkei, hang seng, aussie spi, kospi, JGB) so taking advantage of IBs data services for these instruments is a massive cost saving. In fact, I don't even know where I could pay to get data for the kospi, aussie SPI or hang seng. Until IB backfill is part of neoticker, this program is useless to me sadly....

    Team NeoTicker, please consider the global market you are appealing to. Not everyone is awake to trade US and europe markets.

    Kindest wishes,
    MK
     
    #78     Apr 7, 2006
  9. About backfill data -

    We've been working with various brokerages on providing backfill data. The backfill data we already have are not just US securities. e.g. We've already got delayed backfill data for forex.

    In a month or so, we will feature real-time backfill data for Forex. That will be available for all the brokerage feeds that we support, so IB users will benefit from that too.

    Most of our users are trading professionals, and they want high quality data and very long historical data to work with. IB's data does not meet the general requirement of our users thus supporting its historical data is not high priority for us.

    We've got users who use IB's real-time streaming data, with historical data imported into NeoTicker from other sources. That works very well too.
     
    #79     Apr 10, 2006
  10. This is great news. But I think you might be missing the point of having the IB backfill available. Having long term historical data can be imported as you say - this is fine and I have this available to me now through Ensign. What is crucial is that I can refresh a couple of days of data into my current time frames when things like my DSL service goes down for a couple hours, or I take a monday off. Something like that is all I need the IB backfill for. Not for long-term history, just short-term history.

    Kind regards,
    MK
     
    #80     Apr 10, 2006