NINJA TRADER REVIEW
◙ FOREX TRADING PLATFORM: NinjaTrader
◙ TRADING: FOREX | STOCKS | CFDs | FUTURES
◙ EXPERT ADVISORS: YES
◙ NINJA TRADER MOBILE TRADING: NO
◙ NINJA TRADER SOCIAL TRADING: YES
◙ NINJA TRADER CHARTING: Advanced Charting Capabilities
◙ LEVEL OF EXPERIENCE: Semi-Advanced Traders | Advanced Traders | Professional Traders
◙ COST: Commercial Software ($600 / yearly)
INTRODUCTION TO NINJA TRADER
NinjaTrader is a commercial trading platform with advanced charting and back-testing capabilities. Note that NinjaTrader can be downloaded and used for free for charting, simulation, and trading strategy back-testing, but in order to be able to trade with NinjaTrader you need to pay a subscription. NinjaTrader empowers 40,000+ traders worldwide with custom trading apps plus there are more than 450 developers worldwide programming for NinjaTrader.
The Platform requires Windows OS: Windows 7 | Windows 8 | Windows Server 2003 | Windows Vista | Windows XP
NINJA TRADER ASSET CLASSES
NinjaTrader trades many different financial markets and instruments:
- Forex Currencies
- CFD's (Contract for Difference)
- Futures Trading
- Stocks Trading
NinjaTrader provides Advanced Futures Trading and Multiple Price Models for options traders.
NINJA TRADER TRADING ORDERS
NinjaTrader offers the following order types:
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1. Bracket order 2. GTC order 3. Limit order 4. Market order 5. OCO order 6. Profit Exit order 7. Stop-order 8. Trailing-Stop order |
Advanced Trade Management (ATM)
NinjaTrader provides the Advanced Trade Management (ATM) system. ATM Strategies are programmed to offer semi-automated trading features for managing positions. These are some of the benefits when trading with ATM strategies:
- Extended Trading Control and Reduced Errors when Placing Orders
- Increased Speed of Order Execution
- Disciplined Trading
NINJA TRADER TECHNOLOGY
NinjaTrader offers many exclusive features, let’s see some of these features:
- Market Analyzer
Market Analyzer is a quote sheet that enables real-time market scanning of multiple instruments based on your own custom criteria and includes display indicator and market & trade data.
- Trade Alerts
The NT Alerts can be triggered within a custom NinjaScript indicator or strategy.
- Trade Simulator
NinjaTrader incorporates an advanced internal simulator that can test any trading ideas. The simulator’s algorithm includes many parameters such is time, trade volume, ask & bid volume, and random time delays.
- Strategy Analyzer
Strategy Analyzer is a tool offering historical analysis based on automated strategies.
- Strategy Performance
Within an open chart, automated strategies may be assessed for Real-time and Historical execution.
NINJA TRADER CHARTING CAPABILITIES
The NinjaTrader platform is notorious for its charting capabilities including Ranko and Point & Figure Charts. Here are the main chart types and some charting features:
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Main Types of Charts |
NinjaTrader Charting Features |
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NINJA TRADER FEATURES SUMMARY
Here is the summary of the main NinjaTrader features:
- 1,000+ apps and 450+ web programmers
- Advanced Charting Capabilities
- Automated Trading, Basket Trading, One-Click Order Entry
- Extended set of trading order-types
- Advanced Strategy-Tester and Market Simulator
- Real-Time Analysis and Historical Data
- Advanced Futures Trading capabilities / Multiple pricing models for Options Trading
- ATM system offering semi-automated trading features for managing your positions
- Sophisticated alerts that may trigger notifications, shares via social media, and trading orders
- Additional analytic tools including Time & Sales, Hot Lists, and News
NINJA TRADER FOREX ROBOTS (EXPERT ADVISORS)
NinjaTrader provides the ability to program your own Automated Strategies (EAs). By using the advanced back-testing Ninjatrader engine you may simulate any strategy on historical data and evaluate its past performance.
Play, Pause, and Rewind the Financial Markets
Replay in real-time historical market data (tick by tick).
◙ NinjaTrader Review
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