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NinjaTrader
Anyone please take a quick look at............
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Anyone please take a quick look at............
my strategy and give me an estimate please as to how much it may cost me / the time involved to have it coded/Programmed. Thanks. So here's my methodology first and then I will attach some snapshots of the 2 Indicators I use with their settings as well as some shots of Entries on some of my charts.. So I trade using 2 contracts. My initial stop on any entry is 8 ticks. My first target is 8 ticks, once it touches 8 ticks, i move stop to Breakeven and exit at an 8 tick rofit. My second target it 12 ticks. I am shooting for a 2.5 x profit to my risk ratio. Now, my strategy to enter a trade / my trigger is..... I look for divergence on my MACD at each new Low / High that the market makes during the day as well as PB to double Bottoms and Double Tops. I always have to have Divergence oin the MACD as well as the Stochastic has ti have slung in the overbought / oversold zone for me to even consider entering a trade. And lastly, I look at a confirmation of a candlestick to trigger and enter a trade off of. So, Fisrt is the Price Action, Second is Divergence on the MACD and then Sling in overbought/oversold and then lastly is the Cadlestick. Thanks again to anyone who's willing to help me out and take a quick look at my strategy I'm just trying to get a feel for how much it maycost me to have it Automate / the difficulty of having it coded/Programmed. thanks again - Mike P.S. The green circles on my charts areindicating the Trigger candle ( is the candle that once it closed it was the confiramtion for me to take that trade ).Tags: None
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