Show Chart Lag
Our newest addition to the Controls Section is the Show Chart Lag. This was created using an existing open source indicator found on NinjaTrader that we have modified to work with the Predator.
This was an important feature for users. We often come across traders with major Lag problems that can cause all sorts of Order Entry issues.
Lag Issues Include:
⤷ Unexplained order entry errors.
⤷ Fills at prices that have not been reached yet.
⤷ Orders all over at levels that were not defined. (Set profit to 50 Ticks but is set to 150 Ticks when the trade is entered).
⤷ Constant order rejections.
Show Chart Lag will compare your chart time to the actual trading clock time to determine if there is any Lag and exactly how much you are experiencing.
⤷ Green = Little to no Lag detected. Low chance of order errors.
⤷ Orange = Moderate chart Lag detected and users should start to worry.
⤷ Red = Major Chart Lag detected and needs to be addressed before trading should continue.
What to do if you have Chart Lag?
⤷ Check Indicators. Some indicators may be better if the calculate method is switched to On Bar Close – The SMM indicator is an example of an indicator that will use us considerably less resources if switched to On Bar Close.
(Keep PredatorX as On Price Change).
⤷ Have many days loaded? Or using a very small renko bar type? Ninja has to render all the bars. Consider loading less days when running live to help everything run smoother.
⤷ Ensure your PC and NinjaTrader are BOTH set to the SAME Timezone! Predator X uses data from NinjaTrader and your actual PC. If they are different, you will get a mismatched lag display.
⤷ Try a wired internet connection instead of wireless wifi.
⤷ Upgrade your internet.
⤷ Ensure clocks are synced. Watch this video (not mine, but good info):
‘NinjaTrader Lag Issues Fix‘
Best Solution – VPS:
⤷ The most common solution is to use some sort of a VPS service. This is essentially another computer that has very low latency that you will trade from. You remote connect to the VPS from your computer.
⤷ Even if your own computer has issues. The orders are executed through the VPS and will have less chance of errors due to lag.
⤷ Also has less chance of unexpected shut downs to help ensure your platform remains uninterrupted.
I personally use TradingVPS for my VPS. Our group also does get a recurring monthly discount by using code ‘TRADESABER‘.
However, I urge you to do your research and make sure a VPS is right for you.