My strategy is a scalping strategy using stop market orders for order entry. These orders get placed one tick above or below the bar that's giving me entry signal. I use the chart trader and market structure to enter trades and manage the trades with the little paddles on the chart. ATM places stop and profit levels. I do not use a DOM. Only price action.
Very rarely did this ever cause me any noticeable or tangible problems. On very rare occasions, I would get rejected because the market shot off too fast and went past by order. But this did not effect my strategy and its simply the cost of my strategy.
Now I have moved onto using a trade copier from replikanto and multiple funded prop firm accounts, and the problems start. Very clearly whats happening is that the trade copier takes a split second longer to populate and send the orders across all 5 accounts rather than just one account and no trade copier at all. What ends up happening is that either I get rejections for all accounts, or worse, 1 or 2 accounts will get filled, the others rejected on entry, but the ATM still places my stoploss and take profit levels. So in the accounts that get rejected, if I enter a long position, I get rejected, but my profit target is still there so price hits the profit target and puts me in a short position in a fast moving bullish market.
Ive played with this alot and I do not have this problem if there is extra time (split seconds) before price moves into my stop market order. The copier works fine.
So the reason for this post is to find out if I can speed up these orders so that they are as fast as using no trade copier. Or to try and find out if its even possible to speed this up. Ideally I would like to do whatever I can to make all my entries lightning fast.
I use 1 workspace with 1 ES chart that has 2 tabs, a daily chart and a 2000 tick chart. and another MES chart with 2 tabs, a daily and a 1450 tick chart. No DOMS at all. Indicators on all these are very simple. Just an EMA and tick counter, but alot of drawing tools and high priority economic news on the chart. I have very low demand on ninjatrader.
I use Rithmic data and I have 1gigabit fiber connection that tests around 950Mbps connected with CAT 8 cabling.
My computer is unfortunately a 2019 Mac running windows 10 with Bootcamp. The hard drive is partitioned giving the windows side 500GB and its solid state. Windows side is bare with only required applications and mail and chrome. Processor benchmarks at only 8,500 but im not sure if its testing properly due to how its setup. My graphics card is lacking and not enough to power my external monitors: intel iris plus graphics 655
Intel(R) Core(TM) i7-8569U CPU @ 2.80GHz 2.80 GHz
16.0 GB (15.8 GB usable)
Will using the superDOM over the chart trader make any improvement? Will a new PC help? Are there settings within ninjatrader that I can utilize? I just need those few milliseconds back I lost from the trade copier. I dont mind buying a new PC if I get confirmation that it will give me a tangible increase in order entry speed.
I am also emailing Replikanto with the same questions, but I want whatever information ninjatrader can give me on this issue as well.
Thanks.
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