Which NinjaTrader 8 Mobile App is Best for Trading?

However, the app is not what some people might be expecting. So if you wanted to modify orders and create new ones. This is a step in the right direction and their brokerage certainly needed this to keep up with the competition in the space.

The NinjaTrader mobile app is available for both iPhones and Android. The initial release (as with many apps) needed to have some tweaks and had a lot of feature requests but believe its the step in the right direction.

Recommended Apps To Use To Connect To NinjaTrader Desktop

This can all be done for zero cost. There is one from the apple app store called Microsoft Remote Desktop and if your an android user I'd recommend the Chrome Remote Desktop which will do exactly what you need with minimal configuration.

Step by Step Breakdown

This is going to be extremally helpful and the best way you can get NinjaTrader 8 on your mobile.

Download the Remote Desktop App listed above for android or iOS
Connect back to your home PC and verify it displays correctly
On Your desktop, setup all your workspaces one at a time and resize the chart windows etc. so it displays correctly on your mobile
Continue to do this until all of your workspaces are setup for your mobile.

Mobile Apps for NinjaTrader 8 Users

NinjaTrader Mobile App

iPhones | Android

The NinjaTrader Mobile App will be good if you have an existing NinjaTrader live brokerage account so you can modify orders. It's not going to be a copy of NinjaTrader Desktop on your mobile phone. What it is however, is a way to get access to orders to make quick and simple changes.

Remote Desktop Connection

iPhones | Android

The remote desktop app by Chrome works surprisingly well as an alternative. In fact, so well that you don't have to worry about changing on your mobile syncing up with the changes on your desktop. You also get access to the same configuration of charts with everything just as you left it. Chrome remote desktop will give you remote access from anywhere and has cross-platform compatibility if your a macOS user. It's also super easy to setup and runs over a secure connection which is important since your dealing with financial information.

NinjaTrader Should Keep It As A Broker App Only

Requires Too Much Money

Savvyapps reports that apps built on iOS and Android will cost companies "the big boys" $500,000 to $1,000,000 to build. That is for each operating system. However, this also doesn't include maintenance costs. We estimate this could cost NinjaTrader $750,000 to build a NinjaTrader 8 mobile app for iOS or android. For instance, this could double to 1500 customers if they wanted to cover both android and iOS. That's something they would have to do so that 50% of their customer base that use the other iOS won't get mad.

Requires Even More Staff

Once you have the money (if you did) you'll need to increase staff to support the ongoing mobile apps. This is similar to supporting the desktop version of the application and how bugs have to be fixed and new releases and features have to be built in even after the initial release of the mobile app. However, existing staff might not have the skills transferable to these other platforms and a new mobile app team might need to be developed. Adding more staff will just bump up the overhead.

Big Limitations

A lot of traders use software like our XABCD Pattern Suite for NinjaTrader 8 in order to trade using their platform. Therefore, if a NinjaTrader mobile app was to exsit, most of those traders would expect their code to be supported. In other words, this opens up a whole new bucket of worms and the NinjaTrader 8 app would then be extremely limited in what it could do.

Interactive Brokers Created An App. Then Came Disappointment.

First Release of TWS for Mobile

Did you ever use Interactive Brokers for Mobile? Their first release back in 2013 was horrible, and that's putting it nicely. In fact their ratings were so bad in both the app and play store that to this day, they still have not really recovered. It's not as bad as it once was, but its taken years to get to where it is at now. Almost 10 years.

Users Expected The Same Desktop Experience

Even so, lots of people still give it a bad review because they are looking to do the exact same functionality on their mobile as they have done on their desktop. Thousands of bad ratings is the exact same problem NinjaTrader will face if they ever attempt building an app since traders will want to do the exact same things on a mobile as their desktop. Due to screen size, and user experience I fear users wil lbe left disappointed.

Tips and Questions Running NinjaTrader 8 On Mobile?

Workspaces Sized For Mobile

The benefit of using workspaces in NinjaTrader 8 is that all your window sizes stay the same size when restoring them during use. This means you can have workspaces just for mobile users. When you open that workspace your windows are the same size and placement on your desktop screens. If your new to workspaces then watch this video which is all about workspaces.

Name Your Workspaces With Mobile in the Title

If you name all your mobile workspaces with the same naming scheme then it would make it easy to navigate. Example, maybe you have a workspace just for placing orders and another for viewing charts. Using a naming scheme for all your mobile workspaces and categorize them would be a big benefit.

Do You Need A VPS (Virtual Private Server) to run NinjaTrader 8 on your Mobile?

No. To connect back to your machine, it does require you to keep your desktop on, however for most people this isn't an issue. Just let your desktop run and connect back to it. It's very easy. You can also get voltage meters that will calculate your monthly cost in electricity to run your home desktop and when I did this my total cost was $5.24 per month which is far less than renting a VPS.

Nov / 2024