Instrument Types

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Instrument Types

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NinjaTrader supports the following Instrument types, although what your individual connected to provider can support will vary. Please consult this link for more info.

 

CFD (Contract for Difference)

 

CFD instruments can be charted and traded

PnL conversion like Forex is not applied

Master instrument prefaced with a @ sign.

The PnL will be currency converted to the account base denomination (execution tab "Rate" can be used to see conversion rate details), NinjaTrader uses the corresponding CFD FX instruments to make the conversion.

 

Cryptocurrency

 

Cryptocurrencies can be charted but not traded.

They have a dedicated Depth Chart window for analysis

 

Forex

 

Forex instruments can be charted and traded

These instruments do not trade on a centralized ("exchange") market, thus pricing differences between providers are to be expected.

The PnL will be currency converted to the account base denomination (execution tab "Rate" can be used to see conversion rate details), NinjaTrader uses the corresponding Forex instruments to make the conversion.

 

Future

 

Futures contracts can be charted and traded

They need to be requested with the specific desired expiry

Per default NinjaTrader will built continuous 'merged' contracts, for more info please consult this link.

The PnL will be currency converted to the account base denomination, NinjaTrader uses the CME FX futures (6A, 6B, 6E, etc) to make the conversion.

 

Index

 

Indices can be charted but not traded.

Master instrument prefaced with a ^ sign.

Stock

 

Stocks can be charted and traded.

 

Option

 

Options can be charted (real-time only) and traded

Options master instruments and properties are dynamically injected into the database and therefore are not search-able. Also they are removed as the database file is reset or deleted.

Options are requested through the dedicated Options Chain window

Options can be less liquid than futures, especially before major economic data releases or in less popular expiration's or strikes. Using market orders including use of Close or Flatten all could result in a fill worse than using limit orders.

Options are not supported for NinjaScript usage