New to Automated Trading - Recommendations for 3rd Party

[jonescd]

I have been trading for about 6 months and have realized that I cannot compete with institutional investors without an automated strategy. I want to day trade primarily oil and gas stocks (i.e., whiting petroleum) and am interested in acquiring a 3rd party program or free script to buy on support and sell on resistance throughout the day and have the option to swing trade if I prefer to hold at the end of the day.

I looked at autotraderninja as a possibility as well as algo strategies. I would like to know if anyone has used a 3rd party add-on script for ninjatrader that has been profitable on a monthly basis and if so what company and what % were you proftiable? I am looking for a hands free system since I work long hours.

Thanks for any suggestions,
Chris

[AndyM]

My suggestion is to stay away from 3rd party program, scripts and or indicators. The only people making money out of them are the people selling them to you.

[jonescd]

Andy, where would I find a script for a template. I am not trained in this type of programming. It seems like a monumental task starting without training and I work a fulltime job. Also, why would a third party like autoninjatrader not make any money for us. cant we tweak their template the way we want it and backtest until it gets to be reliable to try live?

[guidoisot]

Hi
it looks great! (and not too expensive, also)
thank you
guidoisot