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Old 4th-April-2010, 11:44 AM   #1
waza1960
 
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Default NinjaTrader Mechanical Systems & Automation
I'm starting a thread on this subject because I think there are compelling reasons to use Ninja trader to design mechanical systems.
Firstly you can design backtest and optimise FX systems for zero cost
except for internet fees and ancillary costs.
It is possible to design systems with very limited programming ability using the
Stategy Wizard.
If you are interested in Mechanical Systems and ultimately Automated trading
I can't think of a better way to go.
I don't have a lot of experience with MT4 so I will be interested to hear from
posters regarding comparisons etc .
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Old 3rd-May-2010, 10:12 PM   #2
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Default Re: NinjaTrader Mechanical Systems & Automation
Not much interest so far................................
Maybe some results will stimulate some interest........................
Heres a system I have created with the Ninja Strategy Wizard .
Attached Images
File Type: jpg audjpy5.jpg (104.7 KB, 57 views)
File Type: jpg audjpy2.jpg (86.5 KB, 26 views)
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Old 3rd-May-2010, 10:53 PM   #3
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Default Re: NinjaTrader Mechanical Systems & Automation
Hi. What was it tested on please?
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Old 4th-May-2010, 07:29 AM   #4
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Default Re: NinjaTrader Mechanical Systems & Automation
Quote:
Hi. What was it tested on please?
The system is on AUD-JPY 60min it has being optimised specifically for this pair but works on other pairs.
It consists of an EMA Xover ,1 Indicator and a couple of filters .
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Old 4th-May-2010, 09:16 AM   #5
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Default Re: NinjaTrader Mechanical Systems & Automation
Quote:
Originally Posted by waza1960 View Post
The system is on AUD-JPY 60min it has being optimised specifically for this pair but works on other pairs.
It consists of an EMA Xover ,1 Indicator and a couple of filters .
That's a back test right? I will be interested to see how it performs live for the next 6 - 12 months.

updates us month to month along the way live wazza.
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Old 4th-May-2010, 09:28 AM   #6
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Default Re: NinjaTrader Mechanical Systems & Automation
Quote:
That's a back test right? I will be interested to see how it performs live for the next 6 - 12 months.

updates us month to month along the way live wazza.
Correct that was a backtest report.I will give you updates . I have 10 systems in simulation using a VPS in the 70% range of Profits/wins and less than 3 stop outs in a row which are not quite as good as this one. I'm intending to go live within a few weeks with systems that have a minimum of 80% profit/wins .
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Old 4th-May-2010, 11:22 AM   #7
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Default Re: NinjaTrader Mechanical Systems & Automation
good to see you making progress waza. Congrats
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Old 4th-May-2010, 01:36 PM   #8
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Default Re: NinjaTrader Mechanical Systems & Automation
Quote:
Originally Posted by waza1960 View Post
Correct that was a backtest report.I will give you updates . I have 10 systems in simulation using a VPS in the 70% range of Profits/wins and less than 3 stop outs in a row which are not quite as good as this one. I'm intending to go live within a few weeks with systems that have a minimum of 80% profit/wins .
Well, nice results on the back test. hope the live trading is a replica of your back tests.

all the best with it, look forwad to reading your updates.
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Old 4th-May-2010, 01:57 PM   #9
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Default Re: NinjaTrader Mechanical Systems & Automation
Thanks for the support.
I don't expect live results to be as good as long as I can make a profit however small and build on that.
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Old 4th-May-2010, 02:22 PM   #10
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Default Re: NinjaTrader Mechanical Systems & Automation
Quote:
Originally Posted by waza1960 View Post
The system is on AUD-JPY 60min it has being optimised specifically for this pair but works on other pairs.
It consists of an EMA Xover ,1 Indicator and a couple of filters .
I have seen that flat markets trigger moving average crosses more often thus creating false signals. I suppose your filters address this issue?
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Old 4th-May-2010, 03:43 PM   #11
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Default Re: NinjaTrader Mechanical Systems & Automation
Ninja trader looks very interesting.

How much do you pay per month in fees for data feeds etc?

I am a beginner so I am not looking to spend much while I am in the information collecting/familiarisation stage.
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Old 4th-May-2010, 03:59 PM   #12
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Default Re: NinjaTrader Mechanical Systems & Automation
Quote:
Originally Posted by Twiddle View Post
Ninja trader looks very interesting.

How much do you pay per month in fees for data feeds etc?

I am a beginner so I am not looking to spend much while I am in the information collecting/familiarisation stage.
Have a look at the NT website, plenty of info there.

Depends entirely on which data feed you choose(thats if you choose a data feed, NT can plug directly into some brokerages data too) and what markets you subscribe to on that data feed, each data provider will have a website with the costs.

http://www.ninjatrader.com/webnew/tr...okers_data.htm
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Old 4th-May-2010, 04:08 PM   #13
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Default Re: NinjaTrader Mechanical Systems & Automation
Quote:
Originally Posted by Twiddle View Post
Ninja trader looks very interesting.

How much do you pay per month in fees for data feeds etc?

I am a beginner so I am not looking to spend much while I am in the information collecting/familiarisation stage.
you can use Ninja Trader the pakage for free or you can buy it to access the full features it offers.

as Sam said check ou the site.

Cheers
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Old 4th-May-2010, 04:54 PM   #14
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Default Re: NinjaTrader Mechanical Systems & Automation
Quote:
Ninja trader looks very interesting.

How much do you pay per month in fees for data feeds etc?

I am a beginner so I am not looking to spend much while I am in the information collecting/familiarisation stage.
If you use the Gain FX feed .
Data is free and ninja is free,Simulation is free, Trading live is free.
Quote:
you can use Ninja Trader the pakage for free or you can buy it to access the full features it offers.

as Sam said check ou the site
The only extra features that I am aware of in the paid version is the ability to have multiple feeds/Brokers operating at the same time. And if you trade eminis or with some other brokers you have to pay a life time or monthly fee.
I also find it a little difficult sometimes to find the information that I'm looking for on the site .
Actually when I said Ninja is free I believe that if you trade live FX Ninja receive a small % of the spread off Gain.
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Old 4th-May-2010, 05:03 PM   #15
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Default Re: NinjaTrader Mechanical Systems & Automation
Quote:
I have seen that flat markets trigger moving average crosses more often thus creating false signals. I suppose your filters address this issue?
Well one filter does address this problem .The other filter I use is TIME . I have a process for filtering Trades by eliminating certain times of the day.
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Old 4th-May-2010, 05:08 PM   #16
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Default Re: NinjaTrader Mechanical Systems & Automation
Anyone tried trading directly from the charts? Like place orders on the chart.
If so is the execution instant or lagging and do you find it "easier" to trade.

Also what is the base currency for the account? If USD how do you feel about that? Are there EOY tax implications or a simple account conversion to AUD on the 30th June?


Quote:
Originally Posted by waza1960 View Post
Well one filter does address this problem .The other filter I use is TIME . I havcatios or is iy a process for filtering Trades by eliminating certain times of the day.
That's the shot.
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Old 4th-May-2010, 10:03 PM   #17
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Default Re: NinjaTrader Mechanical Systems & Automation
Quote:
Also what is the base currency for the account? If USD how do you feel about that? Are there EOY tax implications or a simple account conversion to AUD on the 30th June?
Base Currency is USD.
I don't care about the other details yet after chasing my tail for years following fundamentals,Reports and all the other crap all I want to do is make a small profit consistantly and I think I'm close to that.
I'm totally focussed on the Automated trading aspect of Ninja and Strategy development .
BTW I think Amibroker is ultimately the best system design platform (I already own a copy and have played with it) and I think I will move on to it after I have mastered Ninja .
IMO Ninja is still a cheaper and quicker initial path to system development and hopefully making money without the need to learn detailed code .
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Old 5th-May-2010, 07:17 AM   #18
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Default Re: NinjaTrader Mechanical Systems & Automation
Quote:
Originally Posted by Wysiwyg View Post
Anyone tried trading directly from the charts? Like place orders on the chart.
If so is the execution instant or lagging and do you find it "easier" to trade.
I have been trading by placing orders direct to the chart rather than use the DOM for the last 18mths. Have occasionally had issues with lag but was not confined to trading off the chart, the DOM was also lagging at the time.
The problem was related to my equipment speed, not the platform, and have not had problems since the extreme volatility days of the GFC.

I do prefer to trade directly from the chart, am scalping the Emini market using VSA system set-ups and find it easier to identify entry points on the chart rther than from the DOM. Once set, I move my targets to suit, again by changing directly on the chart.

Cheers, M
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Old 20th-May-2010, 07:20 PM   #19
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Default Re: NinjaTrader Mechanical Systems & Automation
Is there any way to get historical data for free, that can be imported into ninja trader?
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Old 20th-May-2010, 07:36 PM   #20
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Default Re: NinjaTrader Mechanical Systems & Automation
Quote:
Originally Posted by Twiddle View Post
Is there any way to get historical data for free, that can be imported into ninja trader?
Account connections > ADD > Provider:Yahoo
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