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Auto entry indicator


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Auto entry indicator

  #1 (permalink)
 odmassion 
new york United states
 
Experience: Intermediate
Platform: Ninja Trader
Trading: Emini Es
Posts: 117 since Aug 2016
Thanks Given: 18
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How can I create an idicator that triggers an entry when my preset parameters are met?

Like an indicator that triggers an automatic entry.

Any help please ?

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  #2 (permalink)
 
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 sam028 
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odmassion View Post
How can I create an idicator that triggers an entry when my preset parameters are met?

Like an indicator that triggers an automatic entry.

Any help please ?

Hmm, yes, this is called a strategy...

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  #3 (permalink)
 odmassion 
new york United states
 
Experience: Intermediate
Platform: Ninja Trader
Trading: Emini Es
Posts: 117 since Aug 2016
Thanks Given: 18
Thanks Received: 11



sam028 View Post
Hmm, yes, this is called a strategy...

with strategy, i am unable to use chart trader, i want to be able to use chart trader with the indicator.

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 revtrader 
Harrisburg PA
 
Experience: Advanced
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I use 2 charts of the same instrument and do exactly what you are talking. I have 1 plain chart that I run the strategy on. Then I setup a second chart that I have the chart trader on. It allows me to see the trades placed by the strategy and also allows me to adjust the targets and stops manually.

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 sam028 
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revtrader View Post
I use 2 charts of the same instrument and do exactly what you are talking. I have 1 plain chart that I run the strategy on. Then I setup a second chart that I have the chart trader on. It allows me to see the trades placed by the strategy and also allows me to adjust the targets and stops manually.

That's a bit risky as the strategy's position won't be accurate anymore.

@odmassion: it's possible to let an indicator act as a strategy, and add additional buttons to the ChartTrader, but it's unsupported and undocumented (on Ninja 7). Depending on your NinjaScript knowledge this can be a bit tricky.

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 revtrader 
Harrisburg PA
 
Experience: Advanced
Platform: NT
Frequency: Daily
Duration: Minutes
Posts: 63 since Jul 2009
Thanks Given: 180
Thanks Received: 44

Actually I haven't had a problem with any accuracy with running my strategies this way . I have the strategy enter the trade according to my parameters. I have built-in order management in my strategy, As I move a stop or profit target the strategy knows that it has been moved and continues to manage the trade with the new settings. I have been running this strat for more than 2 years this way. I have used both chart buttons to adjust the targets and drop and drag feature of the chart trader with great success. Best of Luck

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 monday 
chicago, illinois
 
Experience: Master
Platform: NinjaTrader
Trading: oil
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NinjaTrader 8 has the chart trader now able for use on the same chart the strategy is running.

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  #8 (permalink)
 odmassion 
new york United states
 
Experience: Intermediate
Platform: Ninja Trader
Trading: Emini Es
Posts: 117 since Aug 2016
Thanks Given: 18
Thanks Received: 11


sam028 View Post
That's a bit risky as the strategy's position won't be accurate anymore.

@odmassion: it's possible to let an indicator act as a strategy, and add additional buttons to the ChartTrader, but it's unsupported and undocumented (on Ninja 7). Depending on your NinjaScript knowledge this can be a bit tricky.


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Last Updated on December 28, 2016


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