Strategy using Market Analyzer

[sthlmjohan]

I'm trying to backtest a Swingtrading strategy that buys stocks on weakness (low Fast Stochastics) near close each day.

I would like to monitor around 30 stocks to be able to see which of these that gives the entry signal (low FastStochastics). And then being able to choose which one of the signalling stocks to buy.

Can I use the Market Analyzer to find out which stocks that fulfil my entry criteria out of the 30stocks im my watchlist.

All help appreciated.

[NinjaTrader_AdamP]

Hello,

Is this an automated strategy or are you manually entering orders based on some strategy you use?

[sthlmjohan]

Yes, the goal is an automated strategy.

I would like to automate the selection of which of the signalling stocks to buy.
At the end of day I would like a list of stocks that fulfil my criteria.
The first step to an Automated Strategy is being able to backtest it.

[NinjaTrader_AdamP]

Hello,

For this sort of thing I would suggest implementing all of it in a multi-time frame / instrument strategy.

The market analyzer is mainly for discretionary trading, i.e. there is no real way an automated strategy can can read this info in.

http://www.ninjatrader.com/support/helpGuides/nt7/index.html?multi_time_frame__instruments.htm

[superskiman]

RSI /Graph and Market Analyzer

I have one column in Market Analyser using RSI (2,3) and i have the same RSI (2,3) in my graphs and they are not showing the same value. It can differ a lot.
Anyone can give me some possible reason?

[NinjaTrader_AdamP]

Hello,

The RSI in the market analyzer would behave as if CalculateOnBarClose = false, whereas on a chart it may be set to true. With CalculateOnBarClose = false the value updates tick-by-tick whereas with the same setting true it operates at the closing of a bar.

The "Calculate on bar close" setting is available in the indicator properties menu, i.e. the same area where you change periods, etc. when you put the indicator on your chart.

[blazer]

Hello,

I have an ichimoku strategy and I would like this to insert in a market analyzer with the instruments list.

Then each time I have a signial from the strategy to have an alert from the market analyzer in order to deside if I will enter in a trade or not.

How I can setup the alert ?In the chart the alerts are yellow candles with vertical green lines.

Thank you

B




This is the indicator inside market analyzer.


Basically I don't know what to write inside Alert conditions,cell conditions and filter conditions.

[NinjaTrader_Bertrand]

Blazer, would you want to do is mimic the strategy logic used in your indicator to be called in the MA. You can for example just a plot value in the indicator which would signifiy the signal generated by your logic, this value could the be used in the MA to formulate an alert or cell condition.

[blazer]

Is it possible to have the exact same alert as from strategy ?

MA is not the same to mimic as Tenkan or Kijun.

[NinjaTrader_Bertrand]

Hi Blazer, I guess I don't fully follow this comment 'MA is not the same to mimic as Tenkan or Kijun.' ?

What signal you would receive would be dependent upon the logic used, you could use an exact copy of the strategy OnBarUpdate() logic for the signal indicator.

[blazer]

OK lets say we mimic with MA 9 AND 26

What are the settings I must make ?

[NinjaTrader_Bertrand]

You would need to actually create a custom indicator that would implement the cross logic and assigning a value to the plot then which you could in turn access in your MA.