Is Ninja trader able to be used with Schwab after TDA to Schwab change-over?

[carnitron]

jeronymite Yikes yeah that kind of divergence would be deadly at high speed.

[jeronymite]

You can still use NinjaTrader - you just need to sign up for a different data feed or broker until Schwab has an API that functions again.

If you only want data, that's fine. If you want to trade a different brokerage account whilst connected to that account, that's also fine.

What is dangerous is trading live using data that is not from the actual live account being traded. That's a bit like driving down a freeway in one lane, but reacting to the traffic in a different lane as if that were the lane you were in. It is very common for data from different sources to be quite different from each other, including potentially major differences in Ask/Bid/Spread.

Sadly, this danger is "baked in" to NinjaTrader because the data for any instrument comes either from the first connection that can supply it or from the preferred connection for that type of data. If you connect to more than one account and they are not all located in the exact same data source environment (i.e. different account types, different brokers, or just a "datafeed" as the data source), this means trading accounts with source data that may be significantly different from actual data for the account at its brokerage source. Even just connecting to a "datafeed only" and then connecting to one brokerage account has the same danger.

If it's the only way to do it, you can ... but BEWARE!

Thanks.

[carnitron]

I just got off the phone with TDA. There is one final migration group that is currently scheduled to start in late March 2024. So that seems like the deadline by which this needs to work.

[QuantKey_Bruce]

You can still use NinjaTrader - you just need to sign up for a different data feed or broker until Schwab has an API that functions again.

[huntitude]

I took NT platform and their charts for granted! I want them back

[theworldtocome4444]

While we wait, is there a way to import intraday historical data we can obtain from the Think or Swim Platform into NinjaTrader?

[jeronymite]

I doubt any of those make a good replacement for NinjaTrader. Their use cases are pretty different.
For instance, good luck making a quality back-test on ThinkOrSwim.

Every trader has a "different use case", unique to that person. Some will find that there are way less hassles with these other platforms and the company and the platforms amply suit their use case, and may therefore prefer to stay there. Others, of course, will prefer NinjaTrader with all its faults (literally) and hassles.

Thanks.

[QuantKey_Bruce]

NinjaTrader_RyanS Thank you for confirming - that was my impression as well of the situation. Everyone's on hold until they release more information so right now, there's nothing NinjaTrader can do or attempt to code against.

[NinjaTrader_RyanS]

Hello,

Currently we are awaiting documentation on the new API being integrated with Schwab based accounts. At this time we do not have a time table of when this will be shared. Once it is, we should be able to provide a more precise timeline and functionality scope going forward.

[bortz]

"They will need to work with Schwab to determine if they will be moving forward with a relationship with them."
This email response came to me yesterday and their statement worries me. Either that lady who responded to me via Schwab is clueless or these NT answers are all BS. Take your pick.

[QuantKey_Bruce]

Yes, but they are forcibly migrating all accounts away from TDA to Schwab. It may work for a few more weeks or even a month or two but it should not work past the end of the year the way their press releases are worded.

My account has already been forcibly migrated - I didn't take any actions, they just did it. There's no going back once they move your account. You can run ThinkOrSwim, but you can't connect to the API.

[bortz]

Here's the TDA response I received as to what is going on with the API situation:

Dear Frank Kolnacki,



Thank you for reaching out to us, I hope you are having a great day! My name is Mercedes and I would be more than happy to assist you.



If your account is not at Schwab then at this time Ninja Trader API might be able to be used. They will need to work with Schwab to determine if they will be moving forward with a relationship with them. You may want to reach out directly to Schwab and Ninjia Trader for more information.



Thank you for being apart of the TD Ameritrade family, we appreciate your business! As always, if you have additional needs we can help with, do not hesitate to reach out to us by responding to this e-mail or giving us a quick call at 800-669-3900 for 24/7 Client Services support.



Best Regards,




Mercedes Clark

Trader Support, Trader Services



TD Ameritrade

800-672-2098

[QuantKey_Bruce]

Things are still in a state of flux.

https://beta-developer.schwab.com/

I do not think there is final API to implement against, but I am not completely up-to-date on this. Still, it could easily be that NinjaTrader is waiting on Schwab rather than the other way around.

[bortz]

This entire thread is detrimental for NT brass, in that any potential NT buyers reading through this will see how easy their $1K platform investment can go up in smoke given brokerage changes or other anomalies. It behooves NT to press and get this up and running ASAP. At least I would if this was my company. It's just a bad look for them. I'd even pay Schwab if necessary.

[QuantKey_Bruce]

I doubt any of those make a good replacement for NinjaTrader. Their use cases are pretty different.

For instance, good luck making a quality back-test on ThinkOrSwim.