NinjaTrader 7 Strategy Development
Pinned FeaturedMicroTrends Projects - NinjaTrader 7 Strategies
- If you are not a programmer then you need to commission a project to build a strategy - you can contact the development team to post your specifications:http://www.micro-trends.co.uk/ninjatrader-development/
- There are other options for development tools and technology we offer which are provided with some coding support as detailed below and these depend on your project specifications.
Build an all new strategy starting from a blank page or use an existing technology for rapid development
To save time and money and use ready to use components and features - It is much better for you to use an existing trade engine to power your Ninjatrader7 strategy such as the MicroTrends DoubleShot Strategy Foundation (MTDS). MTDS is a purpose built technology allowing a programmer or the MT project team to build your strategy very quickly in the minimum time delivered with the very best features possible off the shelf, for trade management and real-time control
MTDS Credibility
- MTDS is used by retail and commercial traders and has been live tested for 100,000s of hours by 100s of traders since its introduction in 2011 - and has evolved based on user feedback and requirements to the latest version.
- MTDS powers commercial trading group and a leading vendor educators such as Woodies CCI Club so you can be assured you will find it extremely effective.
Latest Version - 7.0.1.5 as of Dec 2014 you can see how a strategy might look in the latest release here:
Videos of MTDS Woodies Auto traders real-time testing oil trade with automatic adaptive trade management - I captured this to show the vendor some of the features they were getting in their strategies that were built using the MTDS API SDK
Costs to build similar MTDS features or use MTDS for free until ready to buy a live trading account license
To design and build something similar to the MTDS if you were able to find a developer outside of MicroTrends who currently is the only Certified NinjaTrader Consultants who have created such as technology using the NinjaTrader "professional unmanaged order mode", it would take around 6 months+ to build something similar but a lot longer to build a replica, providing you knew all the specifications and secrets. If not a lot longer, and you would not be able to build it all as some of it is proprietary to MT. Your budget would need to be from $50K to around $100K. So it would not be possible for most budgets or time scale to elect to re-invent the wheel and copy or create something very similar to the MTDS.
The fantastic news for you is that MTDS is free when used for development, real-time demo trading, sim, back test and optimisation, so you only need a to buy a license for real-time "live account" trading - which covers you for up to 2 trading machines which can be used at the same time… the amazing price is a fraction of the cost at only $695 RRP or less - depending on your options as detailed below.
Developing Your Strategy with MTDS via the MT Development Team or 3rd Party Developer
- Simply MTDS is installed on to your machine and the developers into NinjaTrader.
- The installer with the SDK options to allow usage of the MTDS API Software Development Kit (SDK)
- SDK Strategy examples are visible in NinjaTrader and can be compiled and used/tested.
- Your new strategy is created in NinjaTrader7 and altered to use the MTDS extension of NinjaTrader 7's basic strategy library.
- Your indicator and rules would be plugged into your new strategy which is created in record time, depending on what you want.
- 4.Your strategy is exported from the development platform ready for importing into your NinjaTrader 7.
- The strategy appears in your strategy list - you simply add the strategy to a chart and immediately you can use and start to optimize and focus on identifying your trading plan and system settings and test and request modifications to your rules if desired.
Try out the latest MTDS and assess
You can download the MTDS for fee and try out some of the sample strategies it has to get an idea of what your strategy could look like and how you would use it. Please install this latest version from here: http://downloads.microtrends.co/MTDoubleShotStrategyFoundation/7.0.1.5/MTDoubleShotStrategyFoundation-Setup.exe
To test one of the sample strategies -please watch the video guide below so you understand how to install and compile
http://www.youtube.com/playlist?list=PLtKS2GMs9w4U5sfvbaHt8Flv99oVLBMRP
Note the look and feel of MTDS in that video is older than the current release version 7.0.1.5
Your Strategy Project Options
Your development Options not using MTDS
Bespoke Strategy to your specifications - Minimum project size of 2 hours
A minimum 2 hour project - if you have exact rules and are able to define and supply that is required - if not the project estimation phase will provide a response and information based on what you specify. The development team will guide you on this. Simply submit your request here to the development team providing as much detail as you can: http://www.micro-trends.co.uk/ninjatrader-development/
Your development Options using MTDS
Caveats:
- Currently MTDS offers market order entry only but has manual order placement ability in real time via virtual orders you can click and set on the chart. Future versions will allow both limit and stop orders for entry .
- MTDS allows up to 2 brackets for all in and scale out 2 times
MTDS Project Option 1
MTDS live license + Minimum project size of 2 hours
Using the MTDS the dev. team can build that for you and can offer discounts on MTDS license and save you costs for live trading- the RRP is $695 but the dev. team offer discounts of MTDS in the past for $495 + their labour. Which would save the overall cost of a new project that did not use an existing technology such as the MTDS. The minimum project length is 2 hours so you would be looking at around $695 for a strategy you can live trade with in a live account on two PC's. During the project you would be issued with a coupon for discount and purchase the software from the online store.
MTDS Project Option 2
MTDS Sim license + Minimum project size of 2 hours -
Depending on your specifications the minimum cost would be 2 hours or a fixed fee if you arrange that. Later if you wanted to try live trading you can elect to buy the MTDS live account trading license - RRP $695 -as an existing customer you would be entitled to some discount etc.
For option 1 and 2 you would need to submit the request to the project development team system so you are in the queue as our services are in demand
http://www.micro-trends.co.uk/ninjatrader-development/
You can copy and paste the details from option 1 and 2 above, most likely it will be Ben or myself (Tom) who handle the project coding.
Option 3
Buy the MTDS from the Online Store + get free coding support
Another route is you buy the MTDS license for live trading - which will include development support and provide the coding and deliver the strategy you require using MTDS via the Help Desk. To use this option please purchase a license from here: http://www.indicatorstrategies.com/mt-double-shot-strategy-foundation/
This would be limited to a 4 hour project in total - but future assistance is still possible for code snippet and feature usage from the Help Desk.
I hope this clarifies your possible options for building you strategy requirement.
Please let me know if you have any questions
many thanks
Tom
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