I am new to the NinjaTrader Software and I have few basic questions so I apologize if they already been asked:
1) I am looking at backtesting a basic long term strategy on equities that involve a monthly chart and enters a long position when the price closes above the 10 month SMA and exits when the price closes below the 10 month SMA. However, orders are only placed once month; on the last day of the month (I hope this makes sense). Is there a way to accomplish this using the wizard?
2) Is scripts created per ThinkorSwim (ThinkScript) compatible with the NinjaTrader? I have few script set up that I would like to convert if possible.
Thanks in advance for your help!
Jim
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