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5 top reasons why NT8 is better than NT7 for automated trading

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    5 top reasons why NT8 is better than NT7 for automated trading

    Performance, Extensibility, Maintainability, Scalability, Availability, Security, reliability ok that's 7 - but really look at these well known improvements.

    1. NT7 as wonderful as it is sentimentally - sometimes has a habit of getting a blank chart when loading data, this the might require a reconnect -which would stop strategies and they lose their context. Cured in NT8 you can even rollover at the touch of a button

    2. NT7 would for example when using kinetic stop functioning - the data would stop but the connection still one... ouch! a reconnect needed stopping strategies and losing their context - Cured in NT8

    3. NT7 would sometimes get stuck pending orders - which would cause a strategy to not start... and this would need to be remedied by resetting the sim account or removing and adding the strategy again - NT8 removes this problem with a rewrite of the internal data layer and business logic layer and is a lot quicker also :-)

    4. NT7 connections say on a Sunday pre-open might not start to tick with data and you have to reconnect and stop and start the strategies and you might get a blank screen and have to restart and miss the open breakout :-) - NT8 handles the data connection heartbeat in such a way this is not possible. It will move when the market starts

    5. NT7 when restarting a strategy would lose context of the order and so you would really have to close positions and orders or wait and do it manually and then restart.
    NT8 allows you to adopt the positions/orders - so in fact you can restart NT8 and continue where you left off!!!

    So yes you guessed it NT8 corrected and addressed all of those and features and much more.
    For Strategy Traders -the back tester provides a fantastic method to breakdown and look inside the bar or offer even smaller intervals for back testing
    Strategies you can save multiple templates too!!!


    For the developers
    • Time series with more sensitive date time stamps
    • A state engine for the strategy and complex events
    • NT8 is better even due to the massive power increase you have with the language version and .net version it uses... the things you can do with ease with this version of .net is wonderful
    • NT8 Level 2 handling you can use LINQ queries -more levels the sky is the limit!!!
    • Data series based on intrinsic datatypes in .net c#
    • Ability to code all objects types
    • Ability to code general add-ons to extend the whole of NT8
    • Ability to extend NT8 with all areas accessible - such as the account object gives you the ability to mashup with NT8 as you want with side by side or integration apps


    Who has made the jump?
    Ultimately most traders have made the jump to NT8.
    NT8 has some polishing to do perhaps just on speeding up the layout of charts and items on a server and display of parameter which will be very good to get done...please dev thats my only gripe :-)

    Mostly people are using NT7 only because they are waiting for their favourite NT7 component to be migrated to NT8 - so Faster, more advanced, reliable slick user experience make NT8 the obvious choice. so probably if you are not trading with NT8 charts and haven't tried you will be well advised to experience it!!!

    MicroTrends has been tying up losing ends and ending all NT7 developments - the 100% focus purely on NT8 now March 2017 :-)
    Last edited by MicroTrends; 03-06-2017, 10:15 AM.

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