Interactive Brokers data spikes

[timokrates]

Hi,

I have biggest issues to display correct forex data coming from IB.
I know that IB is not the best data provider under the sun, but for higher timeframes it should be enough. And yes, I know that kinetick is better.

But as you can see on the pic there is a huge difference in the data from the TWS chart and from the NT chart. The NT chart is full of spikes, which makes everything untradeable.

Pacing violations are still a pain and some regulative mechanism from NT would be great, but this is another topic maybe.

Thanks in advance.

[NinjaTrader_Jason]

Hello timokrates,

Can you please right click in the chart and select 'Reload All Historical Data'. If the spikes remain, you can correct them by manually modifyng historical data in NinjaTrader. Instructions can be found at the link below.

http://www.ninjatrader.com/support/helpGuides/nt7/editing.htm

By default, TWS uses midpoint instead of the bid/ask. NinjaTrader forex charts are build by bid data. Once you set the TWS chart to use bid/ask, you should see the bad ticks as well.

Open the Chart Settings menu in TWS and set 'What to show' to Bid/Ask instead of Midpoint.

[timokrates]

Thanks Jason,

you are right, the bad ticks are also visible on the TWS chart set to bid/ask.

This is really a pain.

Kinetick is the only supported forex data feed except of the gain feed requiring a live account?

[NinjaTrader_Jason]

See the link below under 'Understanding the data provided by your connectivity provider' which will list all supported data feed providers and what data they support.

http://www.ninjatrader.com/support/helpGuides/nt7/historical_data.htm

The matrix will list 'data feeds only' such as Kinetick and DTN IQFeed, but it lists broker technologies as well such as Zen-Fire and CQG.

The broker technologies can only be used if you have an account at a supported broker partner that uses the broker technology in question. They will provide data in NinjaTrader and will allow you to trade your account at your broker.

The 'data feeds only' will only provide data in NinjaTrader. You will need to have a subscription with one of these data providers to obtain login information, which you enter upon creating a connection.

As per NinjaTrader 7, our preferred market data service is Kinetick. Real time service starts as low as $50 per month. If you trade CME Globex products, you can have these exchange fees waived if you have a qualified brokerage account. This service is only available for NinjaTrader 7. Please visit www.kinetick.com for more detailed information.