Question about commission rates on NT

[XXtrem]

I need detailed information on commission rates for NinjaTrader and how we set up an account and all information on fees and wages are welcome Im new and would like to start up trading soon but i wanna learn first ...if u guys can direct me to the info that would be a lot of help like some sort of Tutorial.

Thanks.

[NinjaTrader_Cameron]

Hello XXtrem,

Thank you for your post.

Commission values can be defined for each connectivity provider per instrument and per instrument type.
Commission values are used in the following order:

• From the instrument if a commission value has been defined else
• From the instrument type if a commission value has been defined else
• No value is used since none have been defined

Please follow the instructions below to define commission values per instrument type:

• From within the NinjaTrader Control Center window select the menu Tools > Options
• Select the tab "Commission"
• http://www.ninjatrader.com/support/helpGuides/nt7/index.html

Please follow the instructions below to define commission values per instrument:

• From within the NinjaTrader Control Center window select the menu Tools > Instrument Manager
• Double click on the instrument you wish to add a commission value for
• Click on the "Misc" tab
• http://www.ninjatrader.com/support/helpGuides/nt7/index.html?adding_commission_rates.htm

[XXtrem]

how does it calculate the spreads for each trade? does it do it auto when im on live trade or does it require additional setup....and also 1 offset ticksize = to currency one pips?

[NinjaTrader_Cameron]

Hello XXtrem,


Commission can be included in your PnL calculations provided you have correctly configured NinjaTrader.



Ensure that 'Apply commission to PnL calculations' is enabled under Tools > Options > General tab.


Unfortunately, NinjaTrader does not calculate the spread.


Finally, could you clarify for me what you mean by "1 offset ticksize = to currency one pips?"

[XXtrem]

all i want to know is how to calculate the ticks into pips thanks all

Thanks

[NinjaTrader_Cameron]

XXtrem,


A tick and a pip share the same definition, the smallest price change that a given exchange rate can make, consider this a 1-to-1 relationship.


With NinjaTrader 7 you can use the Ruler Drawing tool. This tools allows you to draw as many rulers as you wish that measures the X and Y values between two selected points. You can also easily measure, get the values and right click to cancel the action should you not wish to maintain the ruler on the chart.

http://www.ninjatrader.com/support/helpGuides/nt7/working_with_drawing_tools__ob.htm

[XXtrem]

thank you very much!

[agepi]

Hello,
i need help!!!!
although I've configured as follows NinjaTrader, I get in the Strategy Analyzer no commsion not displayed. What am I doing wrong??
I use Yahoo and set a minimum commssion in appropriate instrument!
I enable "Apply commsion PL.....
I set in Option under (Stock) "minimum commission"

Is there another possibilita to get commssion rates??

Thanks for help
agepi

[NinjaTrader_Cameron]

Hello agepi,


Thank you for your post


When setting up the commission, did you set the commission under the Yahoo field?
If so, please set the commission under the Simulator field if you are using the Sim101 Account.


I look forward to assisting you.

[agepi]

Hello Cameron,
thank you very much for help!!!
Now it works great WITH commission

[NinjaTrader_Cameron]

Good to hear that solved your issue agepi.