NinjaTrader provides industry leading solutions for active traders, automated trading, third party developers and brokers. There is equal wieghtage given to all of them. It is s recognized as the industry benchmark for order entry and trade management. Ninja trader has excelled in area of trade management with its innovative Advanced Trade Management (ATM) technology. The technology helps the users protect their interests and positions through pre defined strategies which one can create and which semi-automates stop loss and profit target brackets on order entry. NinjaTrader is an end to end stock investing platform with the inclusion of their highly extensible automated strategy development capabilities. There is provision to develop your own strategy and simulate it, optimize it and then deploy it live through your account.
Some of the key features of Ninja trader are that it is a free end to end trading platform, Fully functional in nature, has free data feed options, provides free educational services and most important of them all saves hundreds of dollars per month. It allows free access to very powerful features like Multiple order entry screens, advanced Charting with Order Entry, advanced trade management, powerful Real-time market scanning, trading system development & backtesting, automated trading, trade performance analysis simulation and market replay, additional analytics.
The educational services include media rich documentation, daily online interactive product training sessions, weekly trading education webinars. One has to access one of the following services like yahoo finance for End-of-Day historical data, IQFeed TrackData or esignal, brokerage using Patsystems technology and last but not the least brokerage using Trading Technologies technology. Ninja Trader allows the trader to conduct technical analysis and trade in real-time using the same advanced chart window. Ninja Trader’s Advanced Trade Management (ATM) capabilities give the trader a trading advantage by allowing them to implement rules and conditions for comprehensive semi-automated trade management utilizing pre-defined strategy templates.
Ninja trader charts are flexible, comprehensive customizable and user-friendly allowing you to visualize market data in a manner that is right for the trader. More than 100 Customizable Technical Indicators Included which provide best possible help to the trader. It also includes a market analyzer which is turbo charged quote sheet with multi-instrument real-time scanning and analysis with access to over 100 pre-built indicators and data columns.
Ninja charts are going wonderful. The things which are impossible to code in other platforms can be easily coded here. If one uses it with sing it with ZenFire then it is very fast. There are few bugs in the new version but nothing serious enough. It is also very, very efficient as far as utilization of system resources goes. No where else can you find such a comprehensive end to end system development and automation platform. The customer service is also excellent. In the end to summarize , it is fast, reliable and flexible and can do whatever one can really ask for. The new version Ninja trader 6 is out and all raring to take the world by storm. Honestly there is no free match to it.
Tags: brokerage, Charting, inclusion, NinjaTrader, ninjatrader review, performance, profit, Real-time, simulation, strategy, technology, trader
I’d like to add that a new repository of extra ninjatrader indicator is now available at TazaTek
This just adds to the credibility of NinjaTrader as a professional charting platform.
I kind of feel like Ninja Trader takes control when I use it, but I don’t mind letting it take over to a degree. The program is really able to let me figure out what is going on and backtest. I like that I am able to customize the charts so that I can see what I want to know and forget about the rest because not everything applies to my situation.
It is not the easiest program to use with other software though and I like to have a couple other programs running for various reasons. So, I use Ninja Trader as a secondary option– but it will do fine as a primary option if that is all you have.
I think Ninja has improved a lot since this article was written. Ninja 7 will be out RSN ( Real Soon Now )
This is a great tool! trades both futures and forex while it allows you to choose your own data feed.
Ninjatrader is giving Great support to brokers.
Amazing team