What can I do through automation?
|•||Close ATM Strategies and positions |
|•||Retrieve information on positions and orders |
NinjaTrader provides three options for communicating from an external application to NinjaTrader for trade automation. The Email Interface requires absolutely no programming experience whatsoever, other options require various levels of programming/scripting experience.
Understanding the three interface options
TradeStation Email Interface
The TradeStation Email Interface allows you to take advantage of TradeStation's email notification capabilities right out of the box. Run your TradeStation strategy in real time, order signals are emailed within your computer (never leaves your PC) to NinjaTrader which processes the order through to your broker.
The File interface uses standard text files as input. These files are called order instruction files (OIF) and have specific format requirements. NinjaTrader processes the OIF the instant the file is written to the hard drive and subsequently deletes the file once the processing operation is complete.
NinjaTrader provides a DLL named NtDirect.dll that supports various functions for automated trading.
Which interface option should I use?
|•||If you are not running your own strategies or you have limited or no programming experience you should use the TradeStation Email Interface |
|•||If you are running your own system and you are comfortable with EasyLanguage and want to have bi-directional control of your real-time order processing you should use the DLL interface.|
Other Charting Applications
|•||You should use the DLL if your charting application supports that interface type or use the File Interface|
|•||You should use the DLL interface|