Getting Familiar with Chart Trader in NinjaTrader 7
Friday, July 19, 2013, 1:00 AM | Leave Comment
“NinjaTrader is a developer of trading software for the active trader – a complete end to end trading platform catering to discretionary and automated traders of futures, equities and forex markets.” – Traderslog.com
For those of you that don’t know, NinjaTrader has taken the retail futures business by storm!
NinjaTrader was founded in 2003 by Raymond Deux. NinjaTrader just upgraded to a new office in Denver, CO and is preparing for the release of NinjaTrader 8.
In 2005 NinjaTrader acquired TradeMagic, a company responsible for Ninja’s .NET trading framework, which has helped the platform evolve into what it is today.
In 2007 NinjaTrader Trading Software introduced version 6 which included many new features via NinjaScript, including chart based trading and automated trading strategies. Around this same time Ninja expanded its partners and its outreach across many educators and brokerages including Cannon Trading Company.
Ninja Trader is acknowledged for the massive indicator and 3rd party indicator library. You are able to customize any existing indicator. In case you cannot find your indicator of choice, Ninja allows the ability to create one yourself!
From the chart you can create a work of art from a blank canvas. Lines, arrows, Fibonacci, pitchforks, and fans are only a few of the 25 or more drawing tools available on Ninja’s charts.
As you can see above, Ninja has exceptional chart trading capabilities, including easy to see trade visualization on the chart using any charting style (Tick, Volume, Range, Second, Minute, Day, Week, Month, Year, Kagi, Renko, PnF, LineBreak).
This award winning trading platform is developed for active traders involved in the stock, futures and forex markets. You need not pay for NinjaTrader’s standard features, like market analytics, backtesting and optimization, and trade simulation and more.
You have the option for Single click order entry or order confirmations for less experienced traders. Additionally, Ninja offers simple order modification and cancellation from the chart.
By dragging the orders up and down or using the red “X”, this chart trading feature is industry leading. The chart trader can be use with Advanced Trade Management (ATM) module, NinjaTrader’s automated trading function or complex order placement.
NinjaTrader has a huge following and for good reason. There may not be a more customizable platform offered in Futures today. A future trading is a composition of millions of opinions and personalities; luckily Ninja offers solutions for almost every type of trader.
Trading from the Chart with Ninja is just one of many reason to contact Cannon Trading and try a demo today!
There is a substantial risk of loss in trading commodity futures, options and off-exchange foreign currency products.
Past performance is not indicative of future results.
Throw us a like at Facebook.com/doable.financeAuthor Bio:
Ilan Levy-Mayer loves Travelling and blogging. The rest of the time, he manages to perform the job of a Vice President at Cannon Trading Co Inc and sharing his trading experiences.
