Breakout Strategy

Dear MicroTrends team

I've been playing around with MicroTrends on Ninjatrader in simulation mode and it looks great!

I'm looking to run a reversion to the mean strategy and test it in simulation on the ASX.

Can I send you the strategy rules (confidentially) for you to suggest a way of running it using MicroTrends?

All the best,

Chris

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Hi

We are not able to offer trading or investment advice only usage of the features or settings so suit a certain style or trading plan - for example scalp or mean reversion or trend - taking quick profits - taking a profit a desired area or letting it run really.
and that can be controlled with stops and targets or exit rules

There are several Signals indicators that offer a mean reversion approach
they are a group of indicators with Prefix:
"MT Signals Extreme "

To understand how they work in isolation first is essential

Please see here: https://microtrends.zendesk.com/entries/59737249-Getting-Started-with-MicroTrends-NinjaTrader-Framework-Signals-Indicators
There are 13 videos to watch on that topic.

So then you can chose one indicator and trade its signals, hone. test it and save the settings in a strategy version of.

https://microtrends.zendesk.com/entries/53195949-Getting-started-with-MicroTrends-NinjaTrader-Framework-Strategies

Then you can chose to pick and mix 1 or many of them together if you wanted in generic signals indicator - such as MT Signals Generic Pro - and see that on a chart - or trade it as the strategy version...

resources
https://microtrends.zendesk.com/entries/65382125-MT-Signals-Generic-Trader-Pro-NinjaTrader-Indicator

https://microtrends.zendesk.com/entries/65124279-Programming-your-own-strategy-without-coding-in-NinjaTrader-7

If you already know which strategy you want to use - you can request assistance with settings to trade in the way you envision.

For Breakout Trading - All breakout strategies exists as Signals Indicators

Look for the listing in the chart indicators list : MT Signals Breakout....

Also :Within each signals indicator there is a multiple of choices for price action including price above high etc for example - as 2nd stage confirmation.

Here is a walkthrough of using an Open Range BReakout Strategy

https://microtrends.zendesk.com/entries/39369677-MT-Open-Range-Breakout-NinjaTrader-Strategy-

Hope that helps you chose the direction you want to go in...

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