Number of Parameters..

[cdcaveman]

now using the wysiwyg editor to create a strategy you can only put 10 parameters in.. is this just the trial version??

[NinjaTrader_Bertrand]

cdcaveman, no unfortunately 10 inputs would be the maximum the wizard interface could create, for more you could always add them through custom programming once the strategy is unlocked - for a 'how to' please see http://www.ninjatrader.com/support/f...ead.php?t=5782

[cdcaveman]

i've done some programming in Coldfusion and PHP... its a little overwhelming to me... do i have to know things in depth to get things accomplished with this?

[NinjaTrader_Bertrand]

Hard to estimate, but for for adding for example a few inputs like shown in the example you should be ok after giving you sometime to readup on our tutorials and some general C# basics.

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

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

[cdcaveman]

i read this on a website

here is the website... http://www.onestepremoved.com/free-e...-tradestation/


I am a new trader and new to trading platforms.. and i quickly came to this conclusion as well
"Strategies that are very concerned with position sizing require a lot of extra programming to simulate in the backtester"

position sizing is one of the most important things in trading.. at least in my readings and findings... why is it that you can only have 10 variables in the optimizer wizard? i don't understand why you guys couldn't include more? Do you just feel after 10 parameters you should go ahead and take the dive into programming?

i'm not as well getting very good results in the optimizer.. and i'm not sure where to get tips on this.. i get how it works and what things mean.. but i'm not sure really how to use this optimization engine effectively. I keep coming up with optimizations that have low return , large draw downs, and alot of over trading.. i really feel that your platform is superior and truely having the flexibility of C# instead of a proprietor language like MT4 has is a hugh advantage.

[NinjaTrader_Bertrand]

cdcaveman, we believe 10 inputs would be enough for a basic strategy created with the wizard, unfortunately strategies can get complex quickly and for such a point and click interface will be reaching it's limitations here. We have noted your feedback though and have added extending the supported # inputs for the wizard on our product management feedback list for future consideration under # 1330.

For the optimizer, this is really no single get successful advice / scheme with it we could offer you - normally it's most effective use would be using on a already successful strategy to further enhance by periodic optimization / finetuning. It can also be helpful to use it to find an optimal timeframe to trade for a existing strategy (Optimize data series). By no means you should take an optimized result for 100% realistic, in the way that the strategy would perform comparable going forward on unseen / new data (google, overfitting / curvefitting for example to learn more) - to simulate how periodic optimization would hold up, there's the Walk Forward option as well in our Strategy Analzyer.

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

[cdcaveman]

i completely understand overfitting..... to be frank i'm overwhelmed with the idea of any C language.. but that goes with everything else i've learned in life.. i was overwhelmed and it all looked like spaghetti at first.. i should be more specific because i am utilizing the exisitng macross over as well as very simple strategies.. i'm just getting over trading at the crossovers in my optimized results. i'm not sure how to filter that out.. I end up with like ten trades right at the crossover.. i wanna reduce the amount of trades happening in the optimization process. in my readings SMA cross overs work really well anyway.. i'm looking to create signals to add to my discretionary trading.. And throughout all my readings the C languages have the most control of resources and in that can be the fastest.. therefore if i am to get further into this process of trading i'm gonna learn it

[NinjaTrader_Bertrand]

It can be overwhelming at first, yes but it's a great tool for traders to have and with NT you're open to many brokers and connections, so if you ever change, the C# / script / strategy knowledge will be exactly there where you need it and there's no new learning curve then getting on another platform...

For the trades as the crossovers, do you have a screenshot of what you see? You would see a closing order for the current position and then the new order to effectively reverse you, unless you traded the crossover on CalculateOnBarClose = false, so intrabar, this process could produce so called whipsaws, as a given signal was true intrabar, but would not stay so with the bar then fully closed.

[cdcaveman]

i'll reproduce the error for you and screenshot it.. i'm sure with all that barsback madness i was messing up.. it could have something to do with that.

[cdcaveman]

ok, the other thing is i get alot of pacing errors from Interactive brokers when using backtesting etc.. my question is.. what differs in what IB is giving me as far as the degree of detail in their data as opposed to kinticks.. its annoying getting jacked up when they pace data to me.

[NinjaTrader_Bertrand]

Pacing violations mean you're requesting simply too much data from IB at a time, reduce all tickers used in TWS and NT and disconnect...then wait for 5-10 mins for your data status with them to change and then you could reconnect and download more data. This would not be expected to mixup the data seen from IB though, however you have to be aware of their delivery of so called snapshot data in realtime, so it would not be comparable to Kinetick's unfiltered data offered. If you haven't checked it out, thats their web : wwww.kinetick.com

It's very economic yet high performant solution for market data use in NT7.

[cdcaveman]

well i was hoping that if i went with kineticks i wouldn't have pacing issuss and their upload would be alot faster.. i'm not sure what snapshot is compared to unfiltered.. but i imagine unless i'm scalping for small amounts of money it wouldn't make much of a difference.

[NinjaTrader_Bertrand]

Yes, the pacing issues would then not be present with Kinetick - the data delivery would be higher performing as well in this setup. Data-wise unfiltered means you would see more ticks being delivered thus giving your a truer picture of market activity.

[cdcaveman]

ahh i see.. i caught somewhere that i have to own or lease NT to be able to get Kinticks? which trust me i dont' mind at all! NT rocks

[NinjaTrader_Bertrand]

Thanks, we're happy to hear that!

No, you can use Kinetick data end of day / realtime in any NT version, leased, lifetime or simulated.