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Joel wrote:
>On Sep 9, 2008, at 9:07 PM, Roscoe wrote:
>> I do not believe that it is reasonable to
>> expect a low-priced product to deliver the power of a fully and
>> professionally developed software solution.
>
>NinjaTrader is low-priced and professionally developed. It's pretty
>full-featured as well.
It isn't exactly low-priced if you want to auto-trade with it
(comparable to other packages except PowerST, which is an outlier),
but for backtesting, you can't beat free. Makes me want to pay for
it when I finish my backtesting research.
While I agree it's full featured, the missing features are
significant, in my opinion, and really grate on me:
=> No support for open interest data. No ETA planned, according
to the suppor staff. My strategies and indicators that use open
interest just flat-out can't be implemented in NinjaTrader.
=> No support for files containing arbitrary streams of data
(e.g. date&close, advancing issues, commitments of traders,
Pinnacle historical EOD data, spread data, whatever I wanted).
TS doesn't have this limitation. And Ninja imposes a bizarre
naming convention on data files, too.
=> No control over individual price bar properties (except for color).
-Alex
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