MT NinjaTrader Framework versus Woodies Collection
Pinned FeaturedHi
Thank you for your question and interest in MicroTrends technologies.
I will take this opportunity to describe 2 options of trading technologies and routes- 1 with MicroTrends products and 1 with a MicroTrends Partner product and explain the different models so you can decide which one suits you.
I have a feeling it will be the #2 option but I will describe the first option in depth so that you understand how they differ.
2 Trading Technologies and 2 models of learning
#1 MicroTrends NinjaTrader Framework 7 - Self Assisted Trading Model
The system installer will install with some basic turnkey templates that demonstrate a certain trading style across many strategies- which you can assess and change if you want. We supply no results, no back tests, no assistance with trading advice - only the usage of the trading system features.
We are not regulated and cannot legally offer any trading advice or investment advice/ trading system setup advice - we remain compliant in that we do not offer claims or advice requiring audit or regulation - and pass the saving on to the end user… regulation in the UK is £100,000…then the cost of continuous auditing and working practices means we would not be in business.
We give you the tech to use and experiment with so you have your own evidence - you pick and choose and decide. You see the what works for you first hand, no claims and no sales.. we do offer support with settings to suit your trading plan and can offer configuration advice to show you how to configure systems to trade in a certain way to benefit from certain markets - for example you might find you like a high win ratio - versus a low win ratio - so therefore we can show how to configure that and explain the effects of that etc..
The model is very simple in that we offer some of the most advanced software on the market for NinjaTrader and you can use it how you see fit in your own time scale. We do not put pressure on you to test and decide to buy before you are ready with free limited free trials, we offer unlimited free trials…- which can take you weeks or even months - you only need a license when you are ready to live trade.
Your learning is self-assisted - hence the price point. Also what we offer is unique and not a single product - the MT Framework is a tool set of popular trading systems - that can be traded in their own right semi or fully automatic or they can be mixed together and traded according to your rules and design without any coding knowledge or requirement.
Learning approach Example:
MT Signals Indicators
So first of all you learn about Signals Indicators - these contain algorithms that trade in a certain - you would start off by learning what they do and how they work.
MT Easy Trader- Trade Manager
Semi-Automatic Trading
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 that trades the signals indicators works.
Trade Plan Decision
After you decide which Signals/Strategies/s you gel with, you would decide if you want to mix them together in your own rules or try to trade them singularly on your own 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 and side-line approach with the live 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
I would suggest you should be prepared to spend 3 to 6 months on that process. But 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 too set of different indicators and tools to test. So even the tech might be very advanced you might now gel with it.
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
Please click here to view how to Get Started with MTNT7 Signals Indicators
MT Strategies & MT Easy Trader
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 support@microtrends.co
#2 Woodies Bars Auto Trader - Guided Trading Model
This is a purpose built day trading system designed by traders who trade for a living at the Woodies CCI Club and use it in daily as a discretionary day trading system or semi-automatic or fully automatic trading system. Shipping with turnkey settings and live trading room education and support/mentoring on how to trade manually and how to trade semi/ fully automatically. It comprises of multiple strategies to allow you to choose the one you prefer and to train with it with direct support mentoring from the Woodies CCI Club Traders.
So you can install this and get going very quickly and with coaching from traders who trade for a living and use the Woodies Bars Collection every day in the Trading room with live mentoring - so can get all the assistance you need- this is a guided mentoring product.
Summary of services and Products
Woodies CCI Club Trading Room Access
Live Trading Chat Room
Live Realtime Remote Trading Charts, Futures, Stocks and Forex
Daily Trade Mentoring and Coaching with traders who trade for a living and use the Woodies systems
Woodies Bars Collection
NinjaTrader Charting Software – Complete Discretionary Trading System
Woodies Chart Trader – Trade Manager
Woodies Robots – Sim Mode for stats and guidance
Woodies Auto Traders Live Trading
Woodies Bars Auto Trader – is the most advanced system on the market…. – This is a Grey Box multi use system and allows you to choose or mix – Price Patterns, CCI Patterns, Trend Trader, Extremes Trader, High Energy Times, Speed Trader, Session Times Trading, Open Range Breakout, Volume Profile Breakout, Order flow High and Low Volume Node Trading, Square Trader, Trend Line Break and Expert Threshold Multiple Signal and Filter Confluence Trading – and more You get 10 pre-configured ready to use clones + up to 60 in total for live subscribers to allow easy viewing of different feature scenarios . Also available new robots as of the last release: Woodies Beans Trader, Woodies Slopes Trader, Woodies MCCI Trader and Woodies Breakout Trader. (this can be seen trading at www.woodiesbeans.com) All robots are integrated with a chart trader UI that lets you control interact, semi or fully auto trading – written in NinjaTrader unmanaged mode… No bugs, no overfills unlike the other competitor systems who do not have the knowledge to program in unmanaged mode effectively - it avoids all issues as described here:
Support
Subscribers are provided with dedicated live 1 to 1 technical support by the Woodies CCI Club via: chat room, email, Skype, forum and remote control assistance 9.30EST to 15:30EST Monday to Friday.
More information
Some stats are shown here:
http://woodies.microtrends.co/robots/
Videos:
Video on semi-automatic trading with Woodies Chart Trader and Woodies Bars
https://www.youtube.com/playlist?list=PLtKS2GMs9w4WpO3uclf3oayG7Z3l9LsDA
Installer
http://downloads.microtrends.co/Woodies/WBC-Setup.exe
Conclusion - For Assisted
If you want an assisted approach you will need to sign up with the Woodies CCI Club to get the assistance you require and the purpose built technology for trading.
I hope this clarifies for you.
many thanks
Tom Leeson | Managing Director | MicroTrends Ltd
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