Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Szymon

RE: Experience with Neoticker?

Recommended Posts

Hi Guys,

 

Has anyone of you traders out there had experience with Neoticker, I am considering trying it out. But I want to know your experiences with this software before contacting them.

 

Any help will be much appreciated.

 

Regards

 

Simon

Share this post


Link to post
Share on other sites
Hi Guys,

 

Has anyone of you traders out there had experience with Neoticker, I am considering trying it out. But I want to know your experiences with this software before contacting them.

 

Any help will be much appreciated.

 

Regards

 

Simon

 

Hi Guys,

 

I have installed the demo version on my Vista machine and it just crashes.

 

Regards

 

Simon

Share this post


Link to post
Share on other sites
Maybe this can help?

Basically says that you should run it in XP compatibility mode.

 

Hi Sparrow,

 

Thanks for the link. I already have uninstalled it and went back to Ensign Software this is the current one that I am using. The playback feature is a bit funny here, it works and then it doesn't. That is why I wanted to try Neoticker, mostly because of the playback feature.

 

Thanks for your help.

 

Regards

 

Simon

Share this post


Link to post
Share on other sites
That is why I wanted to try Neoticker, mostly because of the playback feature.
Have you tried Ninjatrader for playback? It is basically free for charting, simulation, playback; the actual trading is not free. The recent version 6.5 betas (8) should be more Vista friendly and more stable.

Share this post


Link to post
Share on other sites
Have you tried Ninjatrader for playback? It is basically free for charting, simulation, playback; the actual trading is not free. The recent version 6.5 betas (8) should be more Vista friendly and more stable.

 

Hi thrunner,

 

Yes I have installed Ninjatrader used it and after 10 mins it crashed, and just kept on crashing. So I uninstalled it.

 

I did this two days ago.

 

So for now I will stick to ensign for the time being.

 

Thanks for your suggestion thrunner.

 

Regards

 

Simon

Share this post


Link to post
Share on other sites
installed Ninjatrader used it and after 10 mins it crashed, and just kept on crashing. So I uninstalled it.
Sorry to hear that. I have no vested interest in NT, but here are something to try with Windows Vista and NT:

1. Uninstall or disable McAfee 2. disabling Vista's User Account Control http://www.ninjatrader-support.com/vb/showthread.php?t=4560&highlight=vista

Have been running Vista and NT 6 - 6.5.4, using IB as data/backend, on two different workstations successfully for many months

Install latest version : http://www.ninjatrader-support.com/vb/showthread.php?t=5227

Share this post


Link to post
Share on other sites

I gave Neoticker a serious try for a full month. At the end of it, I was convinced it was not for me. The creators are Chinese, I think, and their understanding of trading appears to be as limited as their understanding of English. The program is designed in a very idiosyncratic way, and does not lend itself to just poking around, trying this and that, until you figure it out. Support is not non-existent, but it is very slow compared to other platforms, and not of very high quality when you do get it. Neoticker is not organized in a way that works for me---for example, I really applaud Tradestation's architecture of desktops and workspaces. Neoticker does let you associate charts, but the organization structure is very weak, compared to other platforms. Neoticker does have a feature that some people like, namely the ability to replay an entire day with all charts, time and sales and level II all working together. However, setting up this replay feature took an inordinate amount of time---on several occasions, I waited 45 minutes for the required charts to load. After a while, I realized that this feature just isn't worth the headache. Someone who likes Neoticker said that the learning curve is very steep, but if you persevere, the program has a wealth of options. That does appear to be true--there are lots of charting options, for example, that are not offered anywhere else. For example, in every charting package you can create daily and weekly charts, but only Neoticker allows you to create a chart where every bar represents 2 days or 3 days, or whatever you want. Not exactly sure why you'd need such a chart, but there it is if you want it. For my trial, I used eSignal, and it worked well, after I got the bugs worked out--connecting a charting platform to a data feed always takes a little work, but I heard many times that, while eSig works well with Neoticker, the other datafeed options they offer do not work anywhere near as well. Anyway, there's one person experience with Neoticker.

Edited by Tasuki
forgot an "s"

Share this post


Link to post
Share on other sites

Thats pretty much how I view Neoticker also after having tried the demo.

Some incredible features that you will not find elsewhere but the whole program feels clunky and "old". I almost think its coded in visual basic or delphi, some stuff just takes forever to load. Building your own custom orderbook delta indicator or custom version of NYSE TICK would be interesting but I can't imagine how slow it would run.

Share this post


Link to post
Share on other sites
Thats pretty much how I view Neoticker also after having tried the demo.

Some incredible features that you will not find elsewhere but the whole program feels clunky and "old". I almost think its coded in visual basic or delphi, some stuff just takes forever to load. Building your own custom orderbook delta indicator or custom version of NYSE TICK would be interesting but I can't imagine how slow it would run.

 

Hi Guys,

 

After downloading it and installing it, finally got it to work. I agree with the above two replies. I have uninstalled it and went back to Ensign for the time being, perhaps in the future I will consider looking at other charting programs.

 

Regards

 

Simon

Share this post


Link to post
Share on other sites

I've been thinking about software alot lately and I guess it really comes down to that since everyone is really going to be trading their own style its probly not realistic to expect to have one platform that does everything. I know from reading Brett Steenbarger's stuff he uses Esignal for charts, Market Delta for delta stuff, Excel for statistical analysis, Trade Ideas for scanning stock patterns...While software is expensive bad trading is alot more expensive. The only real option to have everything you want is a computer science degree, a good charting/database developement environment and a few years of programming hours. Not very realistic for most.

Neoticker must have an incredible database implimentation to be able to do what it does. I'm not sure its realistic to expect ninja to have anything close to it anytime soon as far as custom index/custom tick is concerned. I could see at some point adding neoticker to the tool box and just use what its good at and other things for stuff its not.

Share this post


Link to post
Share on other sites

I've only seen one guy on ET knocking off his own charting/trading software so far.

While NT is solid it lacks the features I'd really like to have multi timeframe/instrument indicators/charts. NeoTicker has all those things.

One thing I also hate is that if you pull up the indicators menu all the indicators which depend on live ticks will reset.

Apart form these short comings I love NT, it is more flexible programming wise than any other platform I know. Which might make it very difficult to develop indicators for non programmers.

 

Degrees mean nothing in geek world :D.

Share this post


Link to post
Share on other sites

I guess I will have to be the lone dissenter here. Neoticker is the best charting platform I've ever used. Now I did not always feel that way. It was created by a trader for real traders. I never understood that, until my 3rd month of using it. When I first started using NT, I really found it to be a pain in the rear, however, once I got over the initial learning curve, I promised myself that I would never go back to Tradestation or any other platform.

 

Pros:

 

1) Download and save historical tick data that can be exported to SQL

2) Configure the charts and link them in any manner you wish.

3) Have as many charts in one window as you wish

4) The best stock scanner bar none. It's light years ahead of all of the other scanners put together.

5) Can easily program multiple time frame indicators. Basically you can create an RSI indicator on a 15 min chart that shows the RSI values of Weekly, Daily, 60 min, 30 min and 1 min, all as one indicator.

6) You can create Cumulative breadth and other market internal indicators

7) You can create your own custom breadth indicator. For example the current tick indicators provided by esignal show the cumulative movement of all the NYSE/NASD stocks. This may not be as precise for you. So you create a basket of your favorite market leaders, and track the breadth on those stocks.

8) Chain scanning. Not only can you create very custom and very specific scan, but the results of those scans can automatically feed another scan. So basically you can scan 5000 based on highest weekly volume. The results will then feed another scan that will look for RSI overbought/sold and those will feed another scan that looks for stocks only above $50 and that will further feed another scan that will look fresh 20 day hi/lo. etc. etc.

9) You create custom quote windows with multiple time frames indicators, alarms, flashing light etc.

10) Broker and data feed independent

11) Nice tick replay

12) Great for back testing multi-timeframe strategies

 

I've only been using it for 5 months and I don't think I have scratched anything more than the surface. It's the most open ended platform out there. Also, you can do automated trading, but I have not ventured into that world yet. I'm a bit afraid to. It was easy in breakstation (single timeframe strategies).

 

Cons:

 

1) Data, data, data. The one thing I loved about TS was their clean and fast data. Esignal is ok but too expensive. IQ has improved a lot but still has a ways to go. IB's data flat out sucks.

2) Learning curve is too steep

3) Documentation is very poor

4) Customer service is a bit lacking but the forum has some great people in it.

5) The one time fee is expensive due to the falling dollar.

6) Cannot integrate multiple data feeds.

7) Lacks a deep array of built in indicators.

8) Don't expect to place manual orders through it. That's a bit hard.

 

Even with all those cons, I think it's head an shoulders above the others and I've tried a lot of them. If you tried the demo, then you seen only 1/10 of 1% of the application. The demo sucks. I wish they would give people more of an opportunity to really try it.

 

The only thing I would say about NT is that you need to be somewhat tech savy. You can't be one of those "how do work a VCR" type of people. It's not a quick learn at all. If you are tech savy and have $1000 (if you buy thru Open Ecry) or $1500 (thru tickquest), then I would say take the plunge (blindfolded). You will absolutely not regret it 3 months from now, though you may curse me out for the first 2 months.

Share this post


Link to post
Share on other sites

Having spent 2.5 years as a full time trading system developer in NeoTicker, now commercially writing Object Oriented IDL indicators in Delphi to create dll's that drive Neoticker indicator/systems, I would say to the serious developer/trader who knows the challenge of competing successfully in markets like the financial derivatives (es, russell, Nasdaq, dow) where algorithmic autotrading systems now constitute 50% of all trades, yes the NeoTicker learning curve is steep but it is climbed by private system designers and institutional traders who see the extraordinary capabilities of NeoTicker (like combining tick-driven symbols using multiple timeframe momentum bars on the same chart).

 

Precisely because it is not highly populated by novice traders doing simplistic development and requiring repetitive support, the Tickquest system engineers have time to respond to feature requests by sophisticated developers who are willing to climb steep learning curves to use tools that give traders the edge they need to profit long term in a trading world where 95%+ of all private trader's lose money. I reached impassable limitations in TradeStation and was kindly invited to explore NeoTicker by another TS developer who made the switch, and I've never regretted it. I just finished a 4000 line system that backtests with realistic 1 point slippage and an assumed steep $15 commissions in the S&P, showing a Sharpe ratio of 6.8, showing a max draw of $1500 in a 100 day backtest profiting $19787, or an annualized return of 88%. If you wish to further explore NeoTicker or secure custom development I am willing to help you break through. I can be reached at inquire at wildblue dot net. All the best success to you!

Share this post


Link to post
Share on other sites

I just wanted to add that I am a long time user of Neoticker - been using it since 2005. I auto trade futures using esignal as my data feed and MB Trading as my broker. I am a single lot trader and mostly just use formula language - which makes things much easier to do in Neoticker than the scriping languages one can use. Very happy with NT so far and Lawrence Chan provides really valuable info on his daytradingbias website as well as in the forums.

 

NT still can be difficult to learn and I still have yet to script anything in java, vbs or anything else but it works and without alot of problems.

 

Support has been better in the past but still is decent. I purchased the program outright rather than pay a monthly lease fee. Also they have a very nice historical / walk forward testing environment in the form of a product called grid optimizer.

 

I started out with Systemwriter for DOS way back and recently opened an account with TS and plan to trade with Trade Station brokerage so I hope they have inproved a little since some of these 2008 posts. We'll see how that works.

 

Hope this is of value.

 

Ed

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • HLF Herbalife stock, watch for a bull flag breakout above 9.02 at https://stockconsultant.com/?HLF
    • Date: 1st April 2025.   Will Gold’s Rally Hold Strong as New Trade Tariffs Take Effect Tomorrow?   Gold continues to increase in value for a sixth consecutive day and is trading more than 17% higher in 2025. Amid fear of higher inflation, a recession and the tariffs war escalating investors continue to invest into Gold pushing demand higher. The trade policy from April 2nd onwards continues to be a key factor for the whole market. Can Gold maintain its upward trend? Trade Policy From Tomorrow Onwards Starting as soon as tomorrow, a 25% tariff will be imposed on all passenger cars imported into the United States. While this White House policy is anticipated to negatively affect European industrial performance, it will also lead to higher transportation and maintenance costs for everyday American taxpayers. The negative impact expected on both the EU and US is one of the reasons investors continue to buy Gold. Additionally, last month, President Donald Trump announced reciprocal sanctions against any trade partners that impose import restrictions on US goods. Furthermore, tariffs on products from Canada and the EU could increase even more if they attempt to coordinate a response. Overall, investors continue to worry that new trade barriers will prompt retaliatory measures, particularly from China, the Eurozone, and Japan. Any retaliation is likely to escalate the trade conflict and prompt another reaction from the US. Experts at Goldman Sachs and other investment banks warn that this will lead to rising inflation and unemployment. They also caution that it could effectively halt economic growth in the US.   XAUUSD 1-Hour Chart   The Weakness In The US Dollar Another factor which is allowing the price of XAUUSD to increase in value is the US Dollar which has been unable to maintain any bullish momentum. Despite last week’s Core PCE Price Index rising to its highest level since February 2024, the US Dollar has been unable to see any significant rise in value. Due to the US Dollar and Gold's inverse correlation, the price of Gold is benefiting from the Dollar weakness. Investors worry that new trade barriers will prompt retaliatory measures from China, the Eurozone, and Japan, potentially escalating the conflict. Experts at The Goldman Sachs Group Inc. believe that such actions by the US administration will drive rising inflation and unemployment while effectively halting economic growth in the country. Can Gold Maintain Momentum? When it comes to technical analysis, the price of Gold is not trading at a price where oscillators are indicating the instrument is overbought. The Relative Strength Index currently trades at 68.88, outside of the overbought area, since Gold’s price fell 0.65% during this morning’s session. However, even with this decline, the price still remains 0.40% higher than the day’s open price. In terms of fundamental analysis, there continues to be plenty of factors indicating the price could continue to rise. However, the price movement of the week will also partially depend on the employment data from the US. The US is due to release the JOLTS Job Vacancies for February this afternoon, the ADP Non-Farm Employment Change tomorrow, and the NFP Change and Unemployment Rate on Friday. If all data reads higher than expectations, investors may look to sell to lock in profits at the high price. Key Takeaway Points: Gold’s Rally Continues – Up 17% in 2025 as investors seek safety from inflation, recession fears, and trade tensions. Trade War Impact – New US tariffs and potential retaliation from China, the EU, and Japan drive uncertainty, boosting Gold demand. Weak US Dollar – The Dollar’s struggle supports Gold’s rise due to their inverse correlation. Gold’s Outlook – Uptrend may continue, but US jobs data could trigger profit-taking. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Date: 31st March 2025.   Trump Confirms Tariffs on All Countries, Sending Stocks Lower.   The NASDAQ continues to trade lower due to the US confirming the latest tariffs will be on all countries. In addition to this, bearish volatility also is largely due to the higher inflation data from Friday. The NASDAQ declines to its lowest price since September 11th 2024. Core PCE Price Index - Inflation Increases Again! The PCE Price Index read 2.5% aligning with expert forecasts not triggering any alarm bells. However, the Core PCE Price Index rose from 0.3% to 0.4% MoM and from 2.7% to 2.8% YoY, signalling growing inflationary pressure. This increases the likelihood that the Federal Reserve will maintain elevated interest rates for an extended period. The NASDAQ fell 2.60% due to the higher inflation reading which is known to pressure the stock market due to pressure on consumer demand and a more hawkish Federal Reserve. Boston Fed President Susan Collins recently commented that tariffs could drive up inflation, though the long-term impact remains uncertain. She told journalists that a short-term spike is the most probable outcome but believes the current pause in monetary policy adjustments is appropriate given the prevailing uncertainties. Although, certain investment banks such as JP Morgan actually believe the Federal Reserve will be forced into cutting rates. This is due to expectations that the economy will struggle under the new trade policy. For example, JP Morgan expects the Federal Reserve to delay rate cuts but will quickly cut towards the end of 2025. Market Risk Appetite Takes a Hit! A big factor for the day is the drop in the risk appetite of investors. This can be seen from the VIX which is up almost 6%, Gold which is trading 1.30% higher and the Japanese Yen which is the day’s best performing currency. Most safe haven assets, bar the US Dollar, increase in value. It is also worth noting that all indices are decreasing in value during this morning's Asian session with the Nikkei225 and NASDAQ witnessing the strongest decline. Previously the stock market rose in value as investors heard rumours that tariffs would only be on certain countries. This bullish swing occurred between March 14th and 25th. Over the weekend, President Donald Trump indicated that the upcoming tariffs would apply to all countries, not just those with the largest trade imbalances with the US. NASDAQ - Technical Analysis In terms of technical analysis, the NASDAQ continues to obtain indications that sellers control the price action. The price opens on a bearish price gap measuring 0.30% and trades below all Moving Averages on all timeframes. The NASDAQ also trades below the VWAP and almost 100% of the most influential components (stocks) are declining in value.     The next significant support level is at $18,313, and the resistance level stands at $20,367.95. Key Takeaway Points: NASDAQ falls to its lowest since September 2024 as the US confirms tariffs on all countries, adding to inflation concerns. Core PCE inflation rises to 0.4% MoM and 2.8% YoY, increasing the likelihood of prolonged high interest rates. Investor risk appetite drops as VIX jumps 6%, gold gains 1.3%, and safe-haven assets outperform. NASDAQ shows strong bearish momentum, trading below key technical levels with support at $18,313 and resistance at $20,367.95. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • PM Philip Morris stock, top of range breakout at https://stockconsultant.com/?PM
    • EXC Exelon stock, nice range breakout at https://stockconsultant.com/?EXC
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.