Programming intra-day trades from a watch list

[Bandwagon]

I want to auto trade from a list of stocks that are imported daily from excel. I already know how to do this part.

Where I need help is programming a strategy that will do the following:

1) Buy any stock on the imported list (which could be up to 250 stocks) at a % of the most recent daily closing price. Lets say 5% down from the close. This would be a limit order.

2) Buy a certain $ amount per trade. Lets say $10000 per trade.

3) Max open positions of 5 at any one time. This means the first stocks to hit their limits will be bought.

Selling would be manually performed after the close based on certain criteria, which I do not need to program. The manual sell order would be a market order at the open.

Also, I realize I might need an intraday data service to make this work. Will Kinetick's intraday service work ?

This should be simple to program but I am new. I used to use Prodigio RTS to run this strategy with good success. Can't see why it could not not work for Ninja.

Thanks

[NinjaTrader_CalH]

Hello Bandwagon,

Thank you for your post.

In order to read from an outside file you will need to hook into the Microsoft.Interop.Excel or use the System.IO for a text filehttp://www.ninjatrader.com/support/f...ead.php?t=3477


1) You will need to program some kind of scanner for those symbols and then process that information. You can add additional instruments into a script using Add();
http://www.ninjatrader.com/support/h....html?add3.htm

2) Use AccountSize to set the cash value for the strategy to use
http://www.ninjatrader.com/support/h...ccountsize.htm

3) EntriesPerDirection will achieve this.
http://www.ninjatrader.com/support/h...rdirection.htm

Manual closing is not recommended as the strategy will not recognize this action and can cause unnecessary other positions that you may not want.