What is a similar alternative to NinjaTrader?

Curious to know if anyone here who is either presently using, or has used, NinjaTrader knows of a similar software alternative. Specifically, I refer to ease of use, being able to trade off a chart, including custom order entry hot keys, and being able to create and export backup files.

Any input would be appreciated.

 

I am sure there are other alternatives, but what you described is easily done in ninja. Curious what issues you seeing ?

 

Yes, I know these things can be easily and very nicely done in NinjaTrader since I have been using NT for years. But it looks like I will need to make a change as a result of their latest update which limits the brokers with whom I can use this software. My loss, since I have grown to really like this platform.

 

Are you sure you are not grandfathered-in to your broker? If they sent you a notice, read through it carefully.

 

I was about to suggest the same. Depending when you got your license you are grand fathered.

 

I have been. And for my purposes, NT is a beautiful piece of software. I appreciate the efforts at troubleshooting, but I would just like to know what else is out there that is similar in interface. Please let’s focus on that.

 

I'm no help there, as I have used only NT and MT5, and the two are vastly different on the interface side. Good luck on your new platform journey!

 

Multicharts - multi-broker, multi-data feeds.

 

MC came to mind. Have you used both and, if so, could you briefly comment on the relative strengths and weaknesses between the two from your perspective?

 

MC lets you configure multiple data sources at the application level so they are available for use within a chart. A data source can be a dedicated data feed, a broker connection, or combination of the two. For example, I use IQFeed as a dedicated data connection for stocks and futures, Oanda for Forex data and trading, and IB as my stock/futures broker.

When you create a chart, you select the data source and instrument to chart. If the selected data source for your chart does not provide broker services, you can "map" your chart's instrument to your broker's instrument. Placing a trade on the chart directs all order to your mapped broker. Once you've mapped the data source/broker symbols those mappings are available on all charts. Having to maintain mappings is the only downside to this feature. It's not automatic during contract rollover. For example, continuous contracts from IQFeed have to be mapped to the next front month IB symbol.

Hope this helps.