I'm currently evaluating NinjaTrader - and it looks great.
But:
I prefer using second charts. Unfortunately NinjaTrader does not seem to plot second charts correctly when the data feed does not provide new data every second.
Example
- I'm trading forex (Gain, EFX). These sources will usually only send new data when the the quote changes. Often the market can be slow and there won't be new data for a few seconds. Which means: The quote won't change for a few seconds.
- NinjaTrader seems to not handle this correctly. When there is no new data for 5 seconds NinjaTrader simply won't plot the previous quote over 5 bars but instead it will skip 5 bars!
This of course, will mess up the indicators and chart - because its not a real second chart but rather a....tick second chart.
Recommended solution:
If ninja trader does not receive new tick data while displaying a time interval (second) chart it should use the previous quote for the next bar.
If the interval is 1 second the chart should move to the left one bar every second.
You won't notice this for higher intervals like minutes or hours. But for second charts this is quite critical.
Or did I just miss a setting ?
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