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NinjaTrader Algo Trading Strategies

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Best practices for NinjaTrader Algotrading with indicators and strategies.... Topics include algograding with Futures, Crypto, Forex, and equities/stocks. How do you backtest / optimize strategies with NinjaTrader? You have come to the right place!

Often we get requests to help with Ninjascript / NinjaTrader 8 indicators and strategies that do not always fit within our required work for engagement... This does not mean we don't want to be helpful! We always encourage algo trading and want to help novices and customers alike with best practices. We will continue to work on videos but are also planning weekly videos on best practices. 

Within each of our custom NinjaTrader straegies we often include some basic setup configurations... These include:

  • Wait X Bars from new trading day
  • Wait X Bars from last exit
  • Exit after X Bars 
  • Setup Stop Loss to Breakeven after X Bars
  • Exit after reverse tail (topping / bottoming wick/tail)
For the next few months we will continue to post a solution to each of these... for now here are some code examples for this.
 
Within OnStateChange:
   WaitXBarsFromNewTradingDay = 10;
 
WithinOnBarUpdate:
                if (Bars.BarsSinceNewTradingDay < WaitXBarsFromNewTradingDay && Position.MarketPosition == MarketPosition.Flat && EnableDebugMode == true)
                {
                    Print("RETURNING Bars Since new day has not fired... We will skip this order because we are currently flat in the market. ");
                    Print("Wait X Bars from new trading day: " + WaitXBarsFromNewTradingDay);
                    Print("Bars since new trading day: " + Bars.BarsSinceNewTradingDay);
                    BarBrushes[0] = DaysFromTradingDayBrush;
                    StrengthCandles1.BarBrushes[0] = DaysFromTradingDayBrush;
                    return;
                }
 
Within config properties:
 [NinjaScriptProperty]
        [Display(Name = "Wait X Bars From New Trading Day", Order = 16, GroupName = "Order Entry")]
        public int WaitXBarsFromNewTradingDay
        { get; set; }
 
Wanting a code example we are not including here? Let us know how we can help.
 
Chad
 

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