is there a NinjaTrader autotrader that you guys would recommend?
Pinned Featured
is there an autotrader that you guys would recommend? I want to purchase a autotrader but idk which one.
***********************************************************************************************************************************************
Hi
Ultimately the strategy we would recommend to you is the one that you prefer to use based on your experimentation and experience of how it works and if it suits you. you are the only person who should decide that. For this reason we offer unlimited free trials so you can pick and try in your time.
To start with you need to understand how the MT Framework Strategy works - then you can select and try out a few.
Please follow this guidance here so you can you download and try it out for an unlimited trial. https://microtrends.zendesk.com/entries/53195949-Getting-started-with-MicroTrends-NinjaTrader-Framework-Strategies
A popular strategy that might suit is one is the MT Scalper or MT Open Range - there are many ways to trade and configure it all. We can not legally offer trading or investment advice but we can assist with your settings to suit your trading plan/preferences.
many thanks
Tom
MicroTrends Support
***********************************************************************************************************************************************
Yes, can we get on skype or team viewer and con help me configure and get it started..... I tried to download the trial and import it into NinjaTrader, but i was getting an error that said that there were ninja script files on my computer that had to be fixed in order to continue... And once i deleted those files, it was fine...
Can we skype/teamview asap because i would like to play around with the auto trader and purchase before the promo ends.
***********************************************************************************************************************************************
Hi
We can still give you the promo deal anytime you are ready - just ask and remind us - please make a note of this ticket for the future. Should you at any point wish to go live and purchase. You have an unlimited trial in sim so you do not and should not rush to trade as the majority who rush fail or take a huge amount of time to learn or don't understand as they missed the basic structured learning guides.
Installation:
For installation: You do not import anything into NT- it uses an installer -
If you want to fix NT later you can follow these posts:
https://microtrends.zendesk.com/entries/21668348-Errors-exist-preventing-import-export-or-removal-of-ninja-script
MTNTF7 Installation - Please follow the guidance and video here for installation: https://microtrends.zendesk.com/entries/59955435-How-to-install-or-update-MicroTrends-NinjaTrader-Framework-7-into-NinjaTrader-7
Please let us know if you are unable to install after following the guidance so we can resolve.
Support and license model.
We are unique out of the now 100s of partners all - our whole ethos is to keep the price down, not charge for non live account trading, not to rush you and to give you the time and space needed to become proficient -so this is not the usual NT Partner web sale/marketing/ trading product formula - no sales calls, high pressure webinar, web marketing sales pitch and product resulting in some turnkey buy and trade deal that will most likely not work out well. The main reason this is different as we are traders and know very well you cannot buy a system and trade it on day 1,weekly or likely even month 1 - unless it is an automated version of some discretionary rule set you already have firm belief in and lots of experience with 100s if not 1000s of hours - so this means you need lots of time to watch, select and believe and use or invalidate a system - or find a personalized way you can make it work. The caveat is with so many users of the software on demo versions of NT where is all 100% free or unlimited strategy trials the only viable way we can do this is to offer a self-assisted support model with guidance from the help desk, more in depth priority support for subscribers. So really the MT NT Framework package suits someone who is more technical or experimental, self-led and wants to learn some or all of the tool suite with help desk support on features and settings to match their trading plan and fully control their destiny in what and how they use it. The advantage is you do not spend any money only to find you are not suited for a system and you get the direct experience and information you require to make your own trading decisions - you need to know the capital drawdown, the win ratio and expectancy and understand if that matches your trader psychology only time will tell you that and hands on experience. Generally as a trader, If you do not have a lot of experience with a system or just took advice from some other "Expert" you will switch on and pull the plug on the first drawdown in the system - then miss the winning run - take all the losses and miss all the winners - get scared and jump to another system or vendor and repeat that process - instead of finding your own valid trading plan. Going forwards there will be a lot more articles and videos you can always ask for an additional feature or some in depth information on a section of the trading tools.
In the rare instance the help desk can't resolve by email, screenshot, templates or video we have other support channels available such as remote support. So as a trader you do a lot of the work yourself with assistance hence the price point and unlimited trials- the same software but not as sophisticated is for sale for many times more by other vendors they provide trading rooms, webinars and mentoring etc.:
Instructor led mechanical trading services
You might want a more 1 to 1 experience with live trading room or 1 to 1 mentoring -
for those types of services with 1 to 1 mentoring we can recommend the following:
Woodies: https://microtrends.zendesk.com/entries/94230463-MT-NinjaTrader-Framework-versus-Woodies-Collection
Bluewave Trading
https://microtrends.zendesk.com/entries/62996405-MT-NinjaTrader-Framework-Versus-Blue-Wave-Trading-Systems-
Trade Foxx
http://Tradefoxx.microtrends.co
Learning the Basics and moving forwards
Typically it can take many weeks or even months of assessment in some cases longer before you are ready to trade, and chose you route between manual order placement and auto management or fully/semi full automated strategy trading.
The way it works best is that you need to follow the initial guide and understand the framework and take your time to get acquainted with what MT Signals indicators are, then strategies. This will accelerate your learning otherwise you will take possible many weeks then have to go back and learn the basics.
Please start off and follow this guidance for learning how to trade with MTNTF7 Strategies
Pre-Requisites:
https://microtrends.zendesk.com/entries/65143859-Pre-Requisites-For-AutoTrading-with-NinjaTrader-and-MT-Strategies
Getting Started
https://microtrends.zendesk.com/entries/53195949-Getting-started-with-MicroTrends-NinjaTrader-Framework-Strategies
Sim Trading Strategy Real-time Appraisal
Of course there is nothing to stop you in parallel getting a strategy up and running on your charts to assess. You can simply add one to your chart and enable it in sim mode
Quick Start with MT Open Range:
https://microtrends.zendesk.com/entries/39369677-MT-Open-Range-Breakout-NinjaTrader-Strategy-
This is not trading advice but more of an account of why and how i created the tools the way i did. i trade the MT Open Range myself but i do not trade 24/7... some weeks i might even miss entirely for various reasons. Generally what i found suits me is to trade less and understand when a market is in a ripe condition so that i can use an entry system intraday and get the required larger ranging day and so therefore... get the risk reward i need and expectancy.
I look for higher time confluence and price analysis factors before taking a trade on the trading time frame. So i use systematic discretionary rules over the mechanical system - often manually entering the order and deciding when to allow auto entry - then i have the luxury of letting the robots/ manage the trade - and i don't even watch it - i find that's best for me.
When installed - I suggest you look at the following workspace - which allows me to do the above.. and decide when favourable conditions exist and price cycles such as congestion will break and trend with the session open etc..
Please look for workspace: MT FX Multi Time Frame Analysis - save it as your own copy and add your instrument list to the market analyzer so that if it makes sense to you - you too can exercise discretion over a mechanical system. You will need 5 to 10 years days historical daily, 120 days minute, 90 days tick - Kinetick can give you that.
Please let me know if you were able to install and get up and running.
many thanks
Tom.
MicroTrends Support
support@microtrends.co
http://www.microtrends.co/support/
Tip! You can visit the help desk forum to see previous answered frequently asked questions:
http://microtrends.zendesk.com/forums
Please sign in to leave a comment.
Comments
0 comments