Hi, Will Amibroker develop add-on for connecting prop trade firm, e.g. APEX, Tradify? Comparing to Ninja Trader and trading view, I think Amibroker is the best, very stable and easy to use.
1 Like
Can connect to Prop Frim to do trade or copy trade.
More connection with New Generation of Datafeed or Institutions.
Compare to Rithmic, some data feed provider seems very low CP value.
New Generation also more and more algo trading and using others' money to trade.
Amibroker still can only connect to IB or.....
I am not challenging Amibroker, I love to use Amibroker and used for a long time
But the improvement seem can't keep up with the times.
Amibroker was in the same tier with MT4 and Ninja Trader, but now is really falling behind.
A financial software that can't use for making money/live trading, seems .....
On the backtest side , performance is getting stronger and stronger, but ... really just camping in the comfort zone. After i do everything with Amibroker, I need to translate to other softwares' language for live trading, is it a bit......
Anyway, I can't find channel to suggest, so write here, please delete after read.
Seeing Amibroker slowly fading into the non-mainstream corner... honestly feels kinda such a waste.
Lack of industry standards ( so every firm has their own incompatible API) is a problem here. And everyone of course wants different firm. Development is one thing (costly >20K) but support and non stop maintenance due to ever changing APIs is even bigger. Who would pay for this? You? How much you are willing to spend monthly on such service? That would need to be paid monthly , not one time as costs are non stop.
IB has advantage of being global and having large market coverage and low prices.
Can connect to Prop Frim to do trade or copy trade.
More connection with New Generation of Datafeed or Institutions.
Maybe you're right, I only tell what I see.
Seems most of them connect Rithmic or tradovate.
And tradecopier called flowbot replikanto.
I only feel Amibroker's technical is far stronger and stable.
there is a huge market group of people from finance group who are not good at programming and you can earn a lot.
The other software backtest, stablility are not as good as amibroker but they are more expensive with larger coverage is only because their position is sell a dream of "ATM" for growing capital and they can connect. on the other hand, Amibroker is for Research.
You might not like hearing this, but when AI has already become this advanced, if Amibroker still only competes on the data analysis lane, it might...
I am jsut sharing my personal observation. you're the owner, of course it's entirely up to you to decide what to think.....Hahaha
There is Websocket plugin that I belive you can use to connect to Rithmic "Protocol API".
The problem with say Rithmic (as opposed to Interactive Brokers) that their APIs are not publicly available. They want you to "sign up" with them. This is usually bad sign. API docs should be open and public. If they aren't it is usually red flag.
2 Likes