MT ATR Breakout Trading

Originally from ticket #3322.

I am using NinjaTrade sim version and your MT ATR strategy but am unable to get it to execute simulated trades even though I have it enabled. What am I doing wrong and need to do. I aslso have the AT interface on NT checked.
I need to see how it works in true autotrade simulated trading to subscribe to use if for real. I love the AbleSys system and am looking for something very similiar but not THAT expensive and that I can pay monthly to use on NT.

Thanks for your help!

Steve T....

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Hi

From what i hear from other partner Able Sys is a copy of a Larry Williams indicator and system apparently - i don't look at 3rd party websites or tech, so i cannot comment, but i can tell you for a fact Larry is the real deal. so maybe that does work etc...

In the Context of MicroTrends Tech...

There are 3 parts to a Mechanical Trading System:
1. Signals - Trade Setup, Entry, Filter and Exits
2. Signal execution as an order type
3. Trade Management

There are 3 modes of Operation:
1.Manual Order placement - using Trade UI - NinjaBuddy or MT Easy Trader + Auto Trade management (ATM)
2. Fully auto + Discretion - using Trade UI - NinjaBuddy or MT Easy Trader + ATM
3. Fully auto signal Execution+ ATM

Trader Profile
#1 suits people who want to always place the order but let the system manage it
#2 suits people who can elect to chose the best time to auto trade based on settings identified and other external rules/discretion
#3 suits people who spend time learning many aspects of the tech and overtime elect to try a setting based on their testing

System Trading Profiles - 2 Extremes of System
1. High Win Ratio, High Frequency, Inverse Risk Reward - The system wins many small winners and then 1 large loser wipes out many winners
.2 Low Win Ratio, Low Trade Frequency, Positive Risk Reward - The system wins not very often and makes a string of many losers - but 1 winner will overtake the loses?

We can assist with settings based on how you want to trade etc

Which MT ATR were you talking of?

A. The one with the MT Double Shot Foundation?
MTDS ATR median
or
MTDS USAR - i prefer this

however try the MTDS ATR median with the USAR Filter - "Trade Filter 32"

STRATEGY TIPS
Always set the signals on for auto trading with all strategies: Set Trade Setup= 1
Please watch the whole of the 3 part Video series - as it will teach you a lot of info:
https://www.youtube.com/playlist?list=PLtKS2GMs9w4U5sfvbaHt8Flv99oVLBMRP

Also please do read this:
https://microtrends.zendesk.com/entries/78435565-MT-Double-Shot-Strategy-Foundation

B. or was the MT ATR part of MicroTrends NinjaTrader Framework 7?

Then you need to start with this set of videos and understand the basics using the "MT Signals Trend ATR Volatility Breakout" or
understand the Trade Sertup + the Trade Entry 1 or 2 phase entry
and also understand how to load templates and zone setting ids

https://microtrends.zendesk.com/entries/59737249-Getting-Started-with-MicroTrends-NinjaTrader-Framework-Signals-Indicators
Please watch the 13 Videos to save many weeks of guessing

Then read the guidance on Strategies
https://microtrends.zendesk.com/entries/53195949-Getting-started-with-MicroTrends-NinjaTrader-Framework-Strategies

I hope this provides your direction

Please let us know if you require more assistance

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