In the realm of technical analysis and trading, having access to reliable and real-time data is crucial. For platforms like Amibroker and Ninjatrader, this data serves as the backbone for all trading decisions, strategies, and analysis. Let’s delve into the top authentic data vendors for these platforms:
Globaldatafeeds: Established in 2010, Globaldatafeeds has been a pioneer in vendor-neutral streaming data dissemination in India, authorized by Indian Stock Exchanges like NSE, NFO, CDS, MCX. They began by distributing NSE Futures and Options data through Amibroker and have been recognized as the most preferred real-time data vendor for Indian Stock Markets. Their customers have reported consistent and professional support over the years, indicating a reliable service.
Truedata: Truedata offers real-time and historical data for NSE, MCX, and tick data, which is essential for platforms like Amibroker and Ninjatrader. They provide integrations like Velocity, which enhances the data’s utility for real-time and historical analysis. Their offerings include up to 20 days of tick data storage for over 50,000 symbols and allow for multiple options to force backfill data directly from Amibroker. TrueData is also praised for its service and has received high customer ratings, which speaks to its reliability and quality of data.
Accelpix: Known for its ultra-fast NSE Realtime TBT and Historical IEOD Data, Accelpix caters to a variety of platforms including Amibroker, NinjaTrader, Metastock, and more. They provide multiple applications like Amibroker and different versions of NinjaTrader under the same subscription, offering flexibility and convenience. They have been acknowledged for providing fast real-time data which enables traders to make quick and precise trading decisions. User feedback from the Ninjatrader forum also highlights good quality live feed and data volume, underscoring their reliability.
Having an authentic data feed from these vendors can make a significant difference in trading outcomes. Real-time data ensures that you are making decisions based on the most current market conditions, which is vital for day traders and those using high-frequency trading strategies. Historical data is equally important for backtesting trading strategies to ensure they are robust before applying them with real money. The reliability, speed, and accuracy of the data can directly impact the profitability and effectiveness of trading strategies, making the choice of data vendor a critical component of successful trading.