NinjaTrader set to release new feature “Order Flow +”
With NinjaTrader R12 due out around the end of this month, there would be a release of a new feature set to be named “Order Flow +”.
NinjaTrader – an expert in trade simulation, advanced charting, market analytics and backtesting, is planning the rollout of an interesting new feature named “Order Flow +”.
The company has informed the users of the platform that, with NinjaTrader R12 due out around the end of this month, it will be releasing a new feature set to be named “Order Flow +”. This feature set will be in beta and includes the following tools:
- Volumetric bars (footprint style chart);
- Market Depth Map;
- Order Flow Volume Profile indicator (R13 release);
- Order Flow Volume Profile drawing tool (R13 release);
- Trade Detector indicator;
- Cumulative Delta indicator;
- VWAP indicator.
Regarding pricing, the company explains that “Order Flow +” will be included with the purchase of a NinjaTrader Lifetime license. All existing Lifetime license holders will immediately receive this benefit. The team has not yet made a final decision as to whether Order Flow + will be included in the NinjaTrader free simulation version.
The company has yet to release more information about the functionality each tool that is a part of Order Flow +. More details are expected from the NinjaTrader 8 Help Guide upon release.
The new feature set will not be available in NinjaTrader 7. Order Flow + will only be available for NinjaTrader 8 users.
NinjaTrader 8 is a next-generation trading platform aiming to offer greater performance and flexibility. NinjaTrader 8 incorporates over 500 changes and enhancements, largely collected from client feedback. It aims to deliver the most advanced trading features for discretionary and automated traders of all levels trading stocks, futures, and Forex.
NinjaTrader 8 strives to be a true trading application development platform, allowing developers to build incredibly rich and integrated applications. The company behind it believes that by providing formal support for deeper access into its core framework it will prompt the community to build even better tools.
The list of performance enhancements in NinjaTrader 8 includes:
- An upgrade to the latest Microsoft .NET 4.5 runtime environment;
- NinjaTrader 8 core and UI is now fully multi-threaded, which adds significant performance increases across the entire platform;
- Connectivity adapters now run in their own thread, which permits these events to run independent of the main application thread;
- Changes in the way data is saved in the database resulting in significant performance enhancements;
- Replacing the Windows Forms UI with Windows Presentation Foundation (WPF);
- Improved optimizations in terms of open workspaces resources for efficient CPU usage;
- Significant improvements on Strategy Optimization, resulting in 10x performance gains in NinjaTrader benchmarks;
- Added support for concurrent historical bar requests, greatly improving data load time compared to NinjaTrader 7.
