Ninjatrader without a Broker?

[cosmoglobe]

Hi there,

Just a quick question, what I am getting a bit confused with. I am planning on using IB as my Broker, and also another one what is not supported by NinjaTrader. I am planning on running Ninja Trader with the Data from Kinetic. So how would that work? Would I have NinjaTrader beeing connected with Kinetic, getting the data from them, and IB will be a standalone Broker not beeing connected to?

Since IB provides Data as well, the normal setup would be to connect NinjaTrader to IB, but what do I do if I want to use Kinetic as a dataprovider? In other words, do I need to connect NT to a Broker? I know it might defeat the purpose not to trade from within the chart etc.

How would the different ways look like I can use NT?

- Can I test NJ as a free Version, run the free end of day kinetic Data on it and NOT connect it to IB?

- Are there any other limitations to the free version than just not beeing able to trade real?

- Can I run the free version of NT and connect it to IB?

Help would be greatly appreciated,
C.

[NinjaTrader_Jason]

Hello cosmoglobe,

You would connect to both connections simultaneously in NinjaTrader. The connection sequence is important. If you like to receive data from Kinetick, please connect to Kinetick first and IB second. More information regarding multiple connections can be found at the link below.

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

Yes, you can test NinjaTrader using the free license key and connect to Kinetick EOD. You can even connect to IB - you are just limited to trade in simulation (sim101 account).

There are no other limitations.