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NinjaTrader
Ninjatrader limits
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Hello Emma1,
You may set a profit target on the "Stops and Targets" page of the Strategy Wizard. In regards to what the Wizard is capable of; it is capable of basic logic and is not able to perform math. You may want to take a look at the help guide documentation for a general understanding of what the Wizard can do.
Help Guide- Strategy Wizard
https://ninjatrader.com/support/help...egy_wizard.htm
We also have a YouTube video that will walk you through creating a strategy in the Wizard.
Strategy Wizard 301
https://www.youtube.com/watch?v=FmBiNYsf1e8
To place an order you will need to figure out what conditions you want to be true to place an order and then create that logic in the Wizard.
Please let me know if you have any specific questions about the Strategy Wizard.Last edited by NinjaTrader_JoshG; 03-22-2018, 07:38 AM.Josh G.NinjaTrader Customer Service
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Ninjatrader limits
Hello Ninjatrader_JosG, I am trying to get at the question of using Ninjatrader Strategy Builder to build a strategy.Is it possible to just make references to Entering Trades , Exit and Get Profit target without considering either the bars on chart like high, low close ,open, Price# Action or not using indicators like RSI/MA , SimpleCrossOver, and Time of Trade.
Can ATM Strategy be programmed in NinjaTrader Strategy Wizard? This seems to cater for Profit Target.,Sloploss......
This is in reference to Stocks trade. thank you.
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Hello Emma1,
You could certainly generate a strategy in the Strategy Wizard that just fired orders without any conditions, but that would not be recommended. If you created a strategy without any actions the strategy would be submitting an order each time the bar updates. Is this what you are trying to do?Josh G.NinjaTrader Customer Service
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Hello Emma1,
You could set a profit target for an ATM strategy but you cannot have advanced conditions for an ATM strategy. I suggest giving the Strategy Wizard a try and seeing what you can come up with.
I will include the help guide documentation for ATM strategies as well as a few links from our YouTube library so that you can see their capabilities compared to an automated strategies.
Advanced Trade Management (ATM)
https://ninjatrader.com/support/help...gement_atm.htm
ATM 201 Semi-Automated Strategies
https://www.youtube.com/watch?v=0eXP...56536A44DD7105
ATM 301 Semi-Automated Strategies
https://www.youtube.com/watch?v=qZUO...56536A44DD7105
Please let me know if you have an questions.Josh G.NinjaTrader Customer Service
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Ninjatrader limits
Please, is it sufficient to apply this trade for Ninjatrader to work (codewise).Example Trades are placed to execute immediately. The EA closes all trades for a certain level of Profit Target for the day. No indicator concluded in the trade.Thank you..
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Hello Emma1,
I'm afraid I am not sure what the question is.
Example Trades are placed to execute immediately.
The EA closes all trades for a certain level of Profit Target for the day.
No indicator concluded in the trade.Josh G.NinjaTrader Customer Service
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yes, Trades are placed as Market Order, as soon as Profit Level is reached ,
the strategy closes all trades for a certain level of Profit Target for the day.
( indicators iare not used as part of the logic).
is this possible in coding as PnL/ATM strategy for Stocks, Futures.Last edited by Emma1; 03-29-2018, 11:04 AM.
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Hello Emma1,
Yes, this would be possible with unlocked code. It would not be possible with a simple ATM strategy or the strategy wizard.
My colleague Chelsea made the following forum posts that have examples of how to calculate daily loss inside a strategy. The same concepts in those examples would apply for adding a daily profit target.
https://ninjatrader.com/support/foru...241#post451241
https://ninjatrader.com/support/foru...367#post475367Josh G.NinjaTrader Customer Service
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