Skip to main content

Comments

1 comment

Date Votes
  • MicroTrends Support

    Hi
    Thank your for your recent purchase:
    First of all install the latest version of software
    How to get started with MicroTrends NinjaTrader Framework 7
    Installer:
    http://downloads.microtrends.co/MTNTF7/MTNTF7-Setup.exe
    Video:
    https://www.youtube.com/playlist?list=PL7F63EF3637E9911D
    MT Signals Indicators
    Robot Quick Start
    Start NinjaTrader, connect to a datafeed,
    Range 10 24/7
    Open a CL Oil Chart - 90 days > Default 24/7 session template > Range 10 > Ok
    Right click the Chart > Strategies > [Select the Robot] > New.
    On right hand side you will see the strategy parameters -
    Set Enabled= True
    Click OK!
    You will now see the behaviour of the default settings
    Also - Try 30minute chart to get a different view.
    And any other you wish to. 10 Renko for example
    Suggested 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 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.
    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.
    Anatomy of a MT Framework Strategy Signals Based Trade


    Trade Plan Decision
    After you decide which Signals/Strategies/s you gel with, you should decide if you want to mix them together in your own rule set or try to trade them singularly on your own basis and trade plan rules. You would also decide if you wanted to try to configure for automatic trading or to allow semi-automatic etc. So you can interact and decide when to switch on and off based perhaps on news days, or the results of a sim robot real-time trading analysis to guide your "launch or side-line" approach with the live account system…

    Then when you have formulated your trading plan - you would then assess your real-time stats and make a decision about your capital requirements, trading times and rules.

    Timing
    I would suggest you should be prepared to spend 3 to 6 months on that process. Some traders simply like to use the MT Framework in ways they interpret for themselves and don’t all follow that approach I have outline above… you can use it how you decide. But for strategy trading you will save many weeks of time following the suggested route.
    Conclusion
    So this system is for self-motivated, experimental types of traders with plenty of time and will require or learn a good technical understanding and capability - or those traders who want a large tool-set of different indicators and tools to test. So even though the tech might be very advanced you might not gel with it- or have time to learn.

    Please see here for details on getting started with a MT NinjaTrader Framework 7 Strategy

     


    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

    0

Please sign in to leave a comment.

Didn't find what you were looking for?

New post
Powered by Zendesk