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Trading in Simulation and eventually Live

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  • BrianARice
    started a topic Trading in Simulation and eventually Live

    Trading in Simulation and eventually Live

    This is a newbie question... I am preparing to trade first in simulation mode and then real-time... I can add a Strategy to a chart and I can add a Strategy to the Strategies tab in the main window... will both of these ways generate orders and positions? If both, are there any pros and cons to each approach?

  • NinjaTrader_PaulH
    replied
    Hello BrianARice,

    Thanks for your post.

    Yes, both ways will generate orders/position.. When you add a strategy to a chart, it will also be added to the strategies tab. However, if you directly add a strategy to the tab then the strategy will not display on a chart.

    When added to a chart, the strategy will display trade executions (if they (plot executions) are enabled on the chart).

    If your strategy provides any visual display, it would show when applied to a chart but not when applied to the strategy tab.

    Please review these two pages to see what the differences are between the two ways to run a strategy:
    http://ninjatrader.com/support/helpG...t_strategy.htm
    http://ninjatrader.com/support/helpG...t_strateg2.htm

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