Strategies

Originally from ticket #2480.

Hello,

Have I got this right... By leasing (or purchasing) at $99 a month I can use the strategies in automated live trading?

Best regards,
Bjorn Frisen

Hi yes that is correct

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Hello,
When letting a strategy take both longs and shorts, and the exit of one will also be the entry in the other direction, most of the time Ninja fires off a bunch of error (or maybe cancellation) messages, and there will be no entry in the other direction. Is that to expect, or could I change a setting somewhere to correct that?
I notice the strategies (at least the "Single MA Crossover" and "Chop and Trend") sometimes by themselves switch from "Market" to "Limit". Is it meant to be like that?
Where do I find a tutorial for the strategies?

Best regards,

Bjorn Frisen

----- Original Message -----

Quote " Then letting a strategy take both longs and shorts, and the exit of one will also be the entry in the other direction, most of the time Ninja fires off a bunch of error (or maybe cancellation) messages, and there will be no entry in the other direction. Is that to expect, or could I change a setting somewhere to correct that?"

Which strategy and settings/ dataseries is this for?
Please an you provide a screenshot of settings.

"I notice the strategies (at least the "Single MA Crossover" and "Chop and Trend") sometimes by themselves switch from "Market" to "Limit".
Be careful when moving your mouse over the Easy Trader over the buy at bid or buy at ask buttons/ or sell at bid/ sell at ask you will change the order type. Move the mouse back over buy or sell to put it back to market order.

Structured Trading Learning Approach

MT Signals Indicators

So first of all you should learn about Signals Indicators - these contain algorithms that trade in a certain way - you would start off by learning what they do and how they work. How to use them on a chart and understand how to visually backtest them on different chart dataseries and session templates.

MT Signals Indicators Guidance & Videos

Please click here to view how to Get Started with MTNT7 Signals Indicators

MT Easy Trader- Trade Manager - Semi-Automatic Trading

In realtime trading on a sim account - learn about how to semi-automatic trade using the MT Easy Trader - so that your entry is manual but the exit automatically controlled with advance trade management - you would learn about that - how to configure and setup up for your trade psychology - i.e. short scalps or longer position style trades.

MT Strategy Base NinjaTrader Trade Engine - Fully Automatic Trading

Then you would look an automatic trading, so that you are not clicking a buy or sell to enter - a signal from one of the signals indicators is specifying when to enter… so you would learn: about the strategy which trades its embedded signals indicators. How to use it on a chart and understand how to visually backtest on different chart dataseries and session templates. How to use the NinjaTrader strategy analyzer, how to realtime test and assess and track performance stats, simulate live trading conditions and the required routines.

MT Strategies & MT Easy Trader guidance and videos

Getting Started with MT Easy Trader and Strategies
Please watch the videos and then and then we consider how you want to trade so we can assist with your settings to match your trade plan. Please send all technical support questions to the help desk