Charrting Platforms - Tick by Tick Replay

[JBWTrader 10]

Hi There,

Was just wondering fi there are people out there who can reccommend a chart/software package that provides Tick by Tick Replay at real time and of course at quicker speeds.

This would be much appreciated.

 

All the Best

 

John

 

ps I know Tradestation doesnt and this I feel is hampering my learning curve...

[ammo 10]

you coudl open an acct at think or swim, they're free charting package is excellent

[ochie 10]

Ensign Software has tick-by-tick replay with speed adjustment. Replay files are loaded from a historical file library or you can create a file from the day's data. I haven't used the software in a while so details of this functionally may have changed.

[gooni 10]

NeoTicker is more expensive but provides the best tick-by-tick replay of any platform out there. The 'simulation server' acts like any other data server the platform supports, so nothing can really tell the difference between a tick replay and real-time - which is amazing. You can replay 100+ charts all together. From 1x to 500x. But like I said, a bit expensive.

[Guest forsearch]

Check out the playback features of Investor/RT here:

 

http://www.linnsoft.com/videos/playback/

[MidKnight 12]

Neoticker is the best here. Tick by tick replay at a variety of speeds on as many concurrent instruments as you want.

 

All my best,

MK

[LS_Chad 10]

Investor/RT plays back the ticks at any user specified rate. It will playback the ticks of a single symbol, or any group of symbols. All charts, time & sales, windows, quotepages, etc, will update just as it if you were watching the ticks come in live (including playing back the bid & ask changes, etc). The users specifies when the playback begins, and can play, pause, rewind and fast forward the playback with the playback toolbar buttons. You can pause the playback...add some indicators or notes to charts, the continue.

[JBWTrader 10]

Thanks ammo, ochie, gooni, forsearch, Midnight and LS Chad for all the input. I will have a look at the various options suggested.

Thanks for your time

 

All the Best

John

Edited July 16, 2008 by JBWTrader
the name forsearch had a space between c and h after posting!

[Guest forsearch]

Investor/RT plays back the ticks at any user specified rate. It will playback the ticks of a single symbol, or any group of symbols. All charts, time & sales, windows, quotepages, etc, will update just as it if you were watching the ticks come in live (including playing back the bid & ask changes, etc). The users specifies when the playback begins, and can play, pause, rewind and fast forward the playback with the playback toolbar buttons. You can pause the playback...add some indicators or notes to charts, the continue.

 

Does this apply to custom instruments as well?

[ninjatrader 10]

NeoTicker is more expensive but provides the best tick-by-tick replay of any platform out there. The 'simulation server' acts like any other data server the platform supports, so nothing can really tell the difference between a tick replay and real-time - which is amazing. You can replay 100+ charts all together. From 1x to 500x. But like I said, a bit expensive.

 

NinjaTrader does this as well, full market replay which includes all level I and level II data across all instruments replayed in synchronization.

 

....and its free.

[gooni 10]

NinjaTrader does this as well, full market replay which includes all level I and level II data across all instruments replayed in synchronization.

 

....and its free.

I thought you had to 'record' the market in NinjaTrader in order to replay it?

[ninjatrader 10]

Yes you do, but any market replay (NOT simply a bar reply) all aspects of data (all bid/ask/last price and size changes) are recorded for level I and level II.

 

That is the difference between market replay and a bar replay feature.

[gooni 10]

Yes you do, but any market replay (NOT simply a bar reply) all aspects of data (all bid/ask/last price and size changes) are recorded for level I and level II.

 

That is the difference between market replay and a bar replay feature.

I really don't want to be defending NeoTicker to a NinjaTrader representative, but I feel the facts need to be stated.

 

NeoTicker allows market replay based of either real-time recorded or historically downloaded ticks. If you record in real-time, you can also set it up to record the various L2 levels (although it's not as straightforward as it should be).

 

Furthermore, the 'replay' capability is a full tick-by-tick replay, not a bar-by-bar replay - just like NinjaTrader - at 1x to around 500x speed. This can be done in 'simulation' mode for discretionary trading, or forward testing of strategies.

 

However, you can also choose to perform a quick 'tick replay' on a single chart (outside of the simulator), so that you can run historical tests for tick-by-tick trading systems. On my PC, I rerun a single day on the ES in around 10 seconds (that is a LOT of ticks) so that I can build bid/ask volume analysis bars and test strategies on them historically. I don't think you can do that in NinjaTrader either ;-)

 

Hope the record is set straight.

[ninjatrader 10]

To be clear, what I am saying is if you want what NinjaTrader has -

 

Replay of -

 

Every single bid/ask/last price and size change in both level I and II, from what I know, you can not get this data from any provider thus you must record it.

 

Yes, you can run a trading system test in our Market Replay at speeds of up to 500x. Since its recorded, it replays exactly as the real market did.

[gooni 10]

Understood - the differences then are:

 

- NeoTicker allows you to run these replays from downloaded rather than just recorded data.

 

- It is harder to record/replay Level II data in NeoTicker (needs special setup).

 

- NeoTicker does not have a great 'discretionary' trading front-end like NinjaTrader.

 

- NeoTicker lets you run a simple 'tick replay' on a single chart for the purposes of setting up indicators that require tick-by-tick data (such as Market Delta style applications). This allows you to historically verify and test systems based on those types of indicators. This is different to a full market replay simulation (done chart by chart where you need it), and is hence much faster.

[JBWTrader 10]

Thanks Gooni and NinjaTrader.

Its good to be able to get down to this level of detail between systems. It helps with the final decision. So thanks to both of you for taking the time to lay it out straight ..

All the Best

 

John

[LS_Chad 10]

Does this apply to custom instruments as well?

 

Yes, forsearch, replay works just as well on custom instruments. Ticks are built on custom instruments any time a tick occurs on any component or components of the custom instrument. And those ticks take advantage of market playback just like any other symbol.

 

Also, Investor/RT not only stores the bid and ask prices live, but it also captures and stores them when backfilling tick data from any of it's data sources (DTN IQFeed, eSignal, etc). So the market replay feature of Investor/RT does give you a true indication of the bid/ask prices at any given time. It also allows you to playback aspects of IRT that are dependant on bid/ask prices (like Volume Breakdown, delta coloring of MP charts, etc).

[gooni 10]

Also, Investor/RT not only stores the bid and ask prices live, but it also captures and stores them when backfilling tick data from any of it's data sources (DTN IQFeed, eSignal, etc). So the market replay feature of Investor/RT does give you a true indication of the bid/ask prices at any given time. It also allows you to playback aspects of IRT that are dependant on bid/ask prices (like Volume Breakdown, delta coloring of MP charts, etc).

Only Level I though, not Level II - so same functionality as NeoTicker in that regard. There's no Level II historical data available, from the regular places anyway.