Amibroker is an all-encompassing platform for charting, backtesting, and trading system development. Just like a car needs fuel, Amibroker requires data to function effectively. But here’s the catch: data isn’t included with an Amibroker subscription. You need to source it from third-party providers and integrate it into Amibroker. This article will guide you through the best Amibroker Datafeed services in India for robust intraday trading strategies.
Looking for Amibroker datafeed services for the US or other global exchanges? Check out this comprehensive guide.
Since we’re focusing on India, let’s dive into Amibroker datafeed services that offer data for NSE, BSE, MCX, and CDS exchanges.
We’ve evaluated the best Amibroker datafeeds based on these criteria:
- Connectivity with Amibroker – The datafeed must offer a seamless plugin to connect with Amibroker.
- Accuracy of data – The datafeed should provide precise data for both live trading and backtesting.
- Live and Historical Data – The service should provide not only live data but also an option for historical data for backtesting purposes.
- Cost – The data subscription should be reasonably priced.
Here’s our curated list of top datafeed services:
Global Datafeeds (GDFL)
GDFL stands as one of the pioneering datafeed services for Amibroker. They revolutionized real-time data connectivity to Amibroker through a lightweight plugin.
NimbleDataPro, GDFL’s flagship product, offers seamless real-time connectivity with Amibroker. Beyond NimbleDataPro, they also provide NimbleDataPlusLite and NimbleDataProPlus, catering to various platforms like NinjaTrader 7, MetaStock, and more.
NimbleDataPro is compatible with both 32 Bit and 64 Bit AmiBroker, allowing you to view up to 255 symbols/exchanges simultaneously.
Remarkable Features of GDFL NimbleDataPro:
- Connectivity: Provides low latency, real-time connectivity to Amibroker with a proprietary plugin, offering tick by tick data streaming for selected symbols.
- Data Coverage: Access data for all symbols from NSE Cash, NSE F&O, NSE CDS, and MCX, covering a total of 55,000 scrips across these exchanges.
- Historical Data: Offers various durations of historical data for different timeframes, with an option to purchase additional historical data if needed.
- Tick Data – 1 calendar week
- 1,2,3,4 Minutes – 3 calendar months
- 5,6,10,12 Minutes – 4.5 calendar months
- 15,20,30 Minutes and 1,2,3,4,6,8,12 Hours – 6 calendar months
- EOD data – from 2010
- Data Elements: Includes comprehensive data elements like Open, High, Low, Close, Volume, Open Interest, and more for all symbols.
- Data Backfill: Features automatic backfill in case of system shutdowns during market hours.
Pricing
Pricing varies based on subscription period and exchanges. For all exchanges, the cost is 9340 INR per month, and for NSE data alone, it’s 2775 INR per month.
Calculate your specific pricing from this link.
Pros of GDFL NimbleDataPro
- Provides accurate tick-by-tick data.
- Real-time connectivity to Amibroker with a backfill feature.
- Data sourced directly from Stock Exchange Servers; authorized vendors of NSE and MCX.
Cons of GDFL NimbleDataPro
- Higher pricing compared to some other providers.
- Currently does not support BSE.
Discover more: Automated Trading using Amibroker – 3 Proven Methods
AmiFeed
AmiFeed is an excellent choice for those seeking a budget-friendly data feed for Amibroker. It integrates directly with Amibroker, ensuring real-time data streaming at lightning speed.
AmiFeed is tailored specifically for Amibroker and doesn’t support other charting software.
Remarkable Features of AmiFeed:
- Connectivity: Direct connection to Amibroker, with a backfill feature for any disconnections.
- Data Coverage: Access to over 900 symbols from equity cash, F&O, currency, and MCX segments.
- Data Elements: Comprehensive data set including Open, High, Low, Close, Volume, and Open Interest for all symbols.
Pricing
AmiFeed offers an unbeatable flat rate of 449 INR per month, covering all symbols from all exchanges.
Try a 7-day free trial before subscribing.
Pros of AmiFeed
- More affordable than many competitors.
- No restrictions on the number of symbols.
Cons of AmiFeed
- No mention of historical data availability on their website.
- User reviews suggest the backfill feature can be inconsistent.
- Limited to 900 distinct symbols across all exchanges.
TrueData
TrueData is a favored choice for both Amibroker and various other charting applications. They are authorized data vendors for NSE and MCX, offering data and software solutions for effective financial market decisions.
Velocity, from TrueData, provides both historical and real-time datafeed to Amibroker and other applications under one subscription.
Remarkable Features of TrueData Velocity:
- Connectivity: Utilizes an optimized plugin for seamless connection with Amibroker.
- Data Coverage: Offers data for NSE (Indices, Equity, Futures, Options, Currency Derivatives) & MCX (Commodity Futures & Options).
- Historical Data: Different durations of historical data available for various timeframes (for their Optima Plus plan).
- Tick Data – 20 days
- 1 Minute – 1.5 calendar months
- EOD data – 11+ years
- Data Elements: Comprehensive data set including Open, High, Low, Close, Volume, Open Interest, and more.
- Data Backfill: Auto backfill every 2 seconds to ensure no data loss.
Pricing
TrueData Velocity offers six pricing plans, starting
from 1499 INR per month for NSE Equity. The Optima Plus plan, covering Equity, F&O, and CDS for 300 symbols, costs 3889 INR per month.
Detailed pricing is available at this link.
Pros of TrueData Velocity
- Compatible with both Amibroker and other charting software under a single subscription.
- Real-time Amibroker connectivity with a robust backfill feature.
- Authorized data vendor for NSE and MCX, ensuring data directly from Stock Exchange Servers.
Cons of TrueData Velocity
- Currently does not support BSE.
- Limited duration of historical data available.
Besides the three mentioned Amibroker Datafeed Services, here are a few others that are worth considering:
Final Thoughts on Amibroker Datafeed Services
We’ve highlighted some key Amibroker datafeed services for your consideration. There’s a myriad of options available online, but reliability is paramount, especially since trading involves significant financial risk. Therefore, choosing the right datafeed is crucial for your trading success.
Have you come across any other Amibroker datafeed service that deserves a mention? Feel free to share it in the comments section, and we might include it in this article!
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