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WaleeTheRobot / order-flow-bot

OrderFlowBot using NinjaTrader's volumetric data for semi-automated and fully automated trading. Includes several strategies and indicators. Additional strategies and indicators can be added.
MIT License
54 stars 17 forks source link

Lifetime license #21

Closed alepaes1975 closed 5 days ago

alepaes1975 commented 1 month ago

Hi !

You need the volumetric data as mentioned in the readme. It uses the volumetric data and you can only get access to the volumetric data through the lifetime license. The indicators are automatically added through the strategy and you can enable or disable them there.

Sorry if it's a dumb question, but why we need this ? When use TDU Footprint/Autotrader, Polarity ATI (or they footprint AC4+) or some opensorce footprint charts, We don't need to have a lifetime license.

Best regards

WaleeTheRobot commented 1 month ago

Hi !

You need the volumetric data as mentioned in the readme. It uses the volumetric data and you can only get access to the volumetric data through the lifetime license. The indicators are automatically added through the strategy and you can enable or disable them there.

Sorry if it's a dumb question, but why we need this ? When use TDU Footprint/Autotrader, Polarity ATI (or they footprint AC4+) or some opensorce footprint charts, We don't need to have a lifetime license.

Best regards

This uses the provided data by NinjaTrader. You can't access their volumetric data that calculates the data for their footprint without the license. https://forum.ninjatrader.com/forum/ninjatrader-8/strategy-development/1286049-are-the-volumetric-data-accessible-without-the-lifetime-license The ones you mentioned probably keeps track of all the ticks themselves to build their custom footprint. I think TDU has a nice footprint. If I were to pay for a footprint for NinjaTrader, I would go with TDU. If their footprint/autotrader or Polarity works for you then just use it. OrderFlowBot is free and opensource and is not intended to replace what you mentioned. I think its a good baseline for people to create their own custom strategies. For example, instead of coding your own tool, you can just focus on coding your own strategy and leverage what it currently has to fully automate or semi-automate your strategies.

bob-u commented 1 month ago

I think it would be more accurate to state that the requirement is orderflow+ Many cannot or will not get lifetime but will pay for the add-on. Lifetime comes with orderflow+

It would certainly expand the audience/reach if the tool tracked volumetric data on it's own (even if just for testing, not production). A pretty robust free volume profile that is using tick data to reconstruct volumetric data is https://github.com/trading-code/ninjatrader-freeorderflow/blob/main/Indicators/FreeOrderFlow/FofVolumeProfile.cs

edsondias commented 1 month ago

I think there is no need for a lifetime license. It requires Orderflow+, which comes with either a lifetime license or a monthly fee plan that costs $59 per month.

WaleeTheRobot commented 1 month ago

Yes, you don't need the lifetime. You can also just have the Orderflow+ subscription. Only the lifetime license and Orderflow+ subscription will allow you to access the volumetric data.

WaleeTheRobot commented 5 days ago

This will probably not be implemented since it wasn't the original idea for this project. However, feel free to fork the repository and implement it.