Be careful while buying Market data provider data feed

#42
Dear Oxusmorouz,

You are an old experienced member of this forum and if i am correct you are a moderator for *********** also. Since myself is a member of both forums i had read many of your posts and appreciated your writings for its quality and sensibleness.

But your posts in this thread seems not yourself . We are all here to share the ideas and informations we come across so that many members including ourselves benefit.

Regarding MDP they are just one of the data providers. It is for the trader to choose which data provider he wants. For that any member here must have information regarding all the data providers so that he can choose the best one or the one he can afford.

Not all can afford e-signal and not many need that high quality precision data also. That does not mean a trader should choose yahoo data or data using Odin convertors etc. So the freedom to choose a data provider entirely rests with the trader.

We in the forums just provide the plus and minus points of various data providers we have used so that other members can make a good decision when they want to choose a data provider. In your case as you mentioned i agree quote centre is top quality data. That is very good information for a trader. I myself had used e-signal etc for some time and they are good.

Similarly for the past few months i am using MDP NSE and MCX data . I have listed out plus and minus points of it in my earlier posts. I am perfectly satisfied by their service. Posting some information regarding a data provider does not make others human bots of that data provider.

Now regarding your doubt as to why moderators and vip members of traderji and other forums are being accused deliberately for undermining MDP's quality . Yes to a certain extent you are correct but part of the blaim lies with you people also. I will tell you why.

In another forum of which you are a moderator and i am a member there was a thread named best-rt-data-provider-amibroker along with an option to poll for the best data providers. it is still there. Since i was also at that time looking for a reliable data provider with reasonable cost i used to visit that thread regularly. In the begining the discussions were frank and open and information shared were really good as to various data providers and MDP was in the list of various data providers where you could post you poll.

But one day i just found MDP alone removed from the list and followed by serious negative information regarding MDP. I want to make it clear at that time i was not using MDP but using a PIB data convertor and i was not going to vote for any data provider in that poll list since i was not using any of them . From there on information provided in that thread was just not useful as i felt it was biased and unreasonable and not serving any purpose.

Any way that made me have a look at MDP and to a certain extent made me doubtful to that forums sincerity. I still wonder why MDP alone was abruptly removed from the poll list . And i know you are in no way involved with that since this is the first time i had seen you taking on MDP. Like i mentioned earlier you always posted sensibly and this is so unusual of yourself. I am also sure one of your co-moderators simply blundered by removing MDP abruptly from that poll list.

Those type of stupid actions make regular and interested visitors like me cautious and suspicious . That is why i said earlier part of the blame lies with your people also. I do not post much in any forum but i always visit and share information as much as i can.

Before subscribing to MDP i had contacted FX central. But they use only metatrader. Other wise i would have opted for FX central.

I know this is a pretty long post but then it is necessary if you want to make some things clear.

Kindly do not take this post in an offensive manner or as supporting MDP. If i find a better data provider that meet my requirements i switch from MDP. For making that switch members like me need honest opinion and usage inputs of other members in various forums. And that is what forums are there for.

Regards

Saji
 
#43
I have used MDP i wasnt satisfied. Switched to esignal. It works like charm.

I m a member to other forum too. I have seen that thread since beginning. But I think the only reason why mdp was taken out from the other forum was coz they spammed the forum artificially inflating polls. and for every negative review, there were millions of new one post noobs who posted about how good mdp was and disappeared after that.
Raj
 
#45
Not to mention the fake firangi names and avatars they use on their live chat support :D
@bunny: :rofl:

I asked them in one of the live support sessions if they would shed some light on "not being official data providers". They brushed the question aside :lol:

I can't believe I was actually considering RT2/3 plan with them. Their website also looks shoddy, not that, that has any relation with the scraping data. Just thought it should have been better. Kudos to their web developer :clapping:

I am using esignal + MS 11. I thought I was ripped off by esignal, but after hearing the "praise" on MDP, I feel good !

PS: This should be a sticky, because alot of people might be fooled into buying MDP.

Cheerio
Pytbull
 

pkgmtnl

Well-Known Member
#46
@bunny: :rofl:

I asked them in one of the live support sessions if they would shed some light on "not being official data providers". They brushed the question aside :lol:

I can't believe I was actually considering RT2/3 plan with them. Their website also looks shoddy, not that, that has any relation with the scraping data. Just thought it should have been better. Kudos to their web developer :clapping:

I am using esignal + MS 11. I thought I was ripped off by esignal, but after hearing the "praise" on MDP, I feel good !

PS: This should be a sticky, because alot of people might be fooled into buying MDP.

Cheerio
Pytbull
Dear PytBull,

As a retail consumer, we should be least concerned with,

Firangi Vs Indian,
Official Vs Unofficial,
Direct Vs Extraction,
This Vs That,

I have been using MDP for almost about an year in annual mode in NSE + MCX in Expl mode, I use Ami for charting.
&
I am yet to experience the narrated difficuties as indicated here & there in several posts.

The retail consumers should only see their interest of having RT data at reasonable rates and that too of no lesser quality.
 

bunny

Well-Known Member
#47
Dear PytBull,

As a retail consumer, we should be least concerned with,

Firangi Vs Indian,
Official Vs Unofficial,
Direct Vs Extraction,
This Vs That,


I have been using MDP for almost about an year in annual mode in NSE + MCX in Expl mode, I use Ami for charting.
&
I am yet to experience the narrated difficuties as indicated here & there in several posts.

The retail consumers should only see their interest of having RT data at reasonable rates and that too of no lesser quality.
PKG,
How many people are you going to argue/fight with?

If people do feel that MDP was not as per expectations, let them say it and move over to a better data vendor? What bothers you to the extent that you feel an uncontrollable urge to respond to every negative post about MDP?

You say that MDP is great because they offer good package at low price. Accepted. But there are people who have the ability to pay for a better data vendor. They are correct in their concern of MDP falsely presenting itself as a RT vendor or concealing their status. After all, customers pay real money to get services of the vendor, and they have the right to know about what they are getting. Since you are not paying the MDP subscription charges on anybody's behalf, practically, you have no business telling others what they should be concerned about.

MDP does not disclose by itself that it is not an authorized data vendor. Neither do they mention where the data is tapped from. Don't you think this amounts to cheating? Forget about disclosing it by their own, they never answer it even when asked clearly, and you too never answer that question.

And its very surprising that you never ever face even a single issue that others are commonly suffering from. This just cannot be true. May be if others are facing the issue 4 out 10 times, you may face it only 1 in 10 times. But that you never face any issue is something I cannot believe.

MDP is not doing any favor by providing the data at whatever "affordable charges" you think, they are charging a good amount for it. Its just a business. So why do you have to feel offended and stand-up every-time if somebody posts his unpleasant experience with MDP. If people are experiencing problem, let them speak about it.

PS: My personal experience is that the MDP support staff is rude and does not answer questions. If you want a proof of this, I will have a conversation with the online chat support and post the log here.
 
#48
Re: Market data provider excellent data feed

eh, you seemed to have missed out on my point. I haven't used MDP before and neither do I intend to use it in the future, I'm pretty satisfied with my quotecenter feed.
If u have never used MDP feed, what qualifies you to give opinion on thier feed.so basically you dont know anything about their feed but you have given so many adverse posts about them...? why? on what basis?

Its NOT MDP i think who has bots but people like you who are moderators of *********** who are using mutiple identities on your forum and on traderji to raise adverse posts against a provider and then givign refrence to your own posts as the tons of people posting.

If you look at ***********, its clear, *********** VIPs and moderators are just trying to always pull off MDP. they deleted all threads and claimed their forum was being spammed. where are the posts?.
MDP was on TOP of POLL tied with esignal and then suddenly when one member raised question about forum tactics you people changed posts writen by others and your moderators changed the poll itself.

Not only they made changes to ratings but also removed controversial post by their own moderators which said "yes,we have changed the poll ratings" where is that post? why was that poll by your own moderator deleted?

see traderji. here atleast even the member is banned his posts are never deleted.it stays.many of VIPs of *********** are all those who have been banned by traderji.so why has traderji banned them in first place long before MDP was there.it was surely becoz they were trying to advertise their own things.

i think moderators of traderji are more judicious and surely more ethical.

many of us saw these changes and many of us realised what kind of forum you are churning as your own personal backyard.Nobody trusts *********** now as everybody knows now that its not a forum but a personal website of few people.


its a forum and moderators dont have right to take sides and sell their own product. its not anybody but all bots of *********** and people like you who without knowing keep criticising a data vendor whose feed they have never used and then tell actual helpful forum members like pkg or saji to go and see doctors. what a way indeed.

Basically, i fail to understand why so much about a data vendor? why not dicussions about trading strategies? codes? why so much effort is being put to malign a data vendor?

and ofcourse,Why its being taken that we readers who just come to surf around are fools and we shall not see "the ugly truth" beneath?

PS: did anybody see the movie -"the ugly truth". nice movie guys.saw it yesterday:)
 
#49
Market data provider excellent data feed

Not to mention the fake firangi names and avatars they use on their live chat support :D
Hi Bunny,

You have a Blonde's pic all over forum with FII written over it many places, taking advice for buying investbulls at 350 rs:) then you talk about firangi names and avtars...

What an irony!
 

pkgmtnl

Well-Known Member
#50
PKG,
How many people are you going to argue/fight with?

If people do feel that MDP was not as per expectations, let them say it and move over to a better data vendor? What bothers you to the extent that you feel an uncontrollable urge to respond to every negative post about MDP?

You say that MDP is great because they offer good package at low price. Accepted. But there are people who have the ability to pay for a better data vendor. They are correct in their concern of MDP falsely presenting itself as a RT vendor or concealing their status. After all, customers pay real money to get services of the vendor, and they have the right to know about what they are getting. Since you are not paying the MDP subscription charges on anybody's behalf, practically, you have no business telling others what they should be concerned about.

MDP does not disclose by itself that it is not an authorized data vendor. Neither do they mention where the data is tapped from. Don't you think this amounts to cheating? Forget about disclosing it by their own, they never answer it even when asked clearly, and you too never answer that question.

And its very surprising that you never ever face even a single issue that others are commonly suffering from. This just cannot be true. May be if others are facing the issue 4 out 10 times, you may face it only 1 in 10 times. But that you never face any issue is something I cannot believe.

MDP is not doing any favor by providing the data at whatever "affordable charges" you think, they are charging a good amount for it. Its just a business. So why do you have to feel offended and stand-up every-time if somebody posts his unpleasant experience with MDP. If people are experiencing problem, let them speak about it.

PS: My personal experience is that the MDP support staff is rude and does not answer questions. If you want a proof of this, I will have a conversation with the online chat support and post the log here.
No Bunny Brother, its no fight,
Argument I agree.

I do have the similar right of expression as much as U or anybody has... Is is not?
I narrate my experience, they I suppose theirs.


But there may be small people like me who might be looking for comparable data at reasonable cost & I wish they too do not go through the kind difficulty I went through. I suppose this forum is meant for such purpose.
Such posts may mislead them to pay more for less.
Even if I come to know their data source, what difference it would make to me?

All of us have the democratic right to spend our money the way we like to. So is the option to choose the Data vendor too, there is no disagreement on this issue.

Please Donot take it otherwise its not for U & other Data users.
 
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