Grid (Price Averaging) Strategy for NinjaTrader 8

[shahabjet1]

Hi Folks, does anyone know a Grid (Price Averaging) Strategy for NinjaTrader 8?

The strategy enters its first trade based on some indicators such as MACD or RSI, then assuming that the price is going to return to its average value and take the profit which is defined. If the price leaves the trading channel and continues further in this direction, then strategy starts the “cost-averaging strategy” which will add new trades from the same direction based on its Mathematical Algorithm (such as increased order size for supporting orders etc.) and increase the overall position. When a pull-back of the price occurs, the strategy closes the whole basket of orders. Any ideas or anyone is up for challenge to code it? ~ Sean

[NinjaTrader_PaulH]

Hello shahabjet1,

Thanks for your post and welcome to the NinjaTrader forums!

I'm not aware of anything that meets your description. You are welcome to review the public free strategies in the NT user apps section of the NinjaTrader ecosystem at this link: https://ninjatraderecosystem.com/use...r-8-strategies Please note: The NinjaTrader Ecosystem website is for educational and informational purposes only and should not be considered a solicitation to buy or sell a futures contract or make any other type of investment decision. The add-ons listed on this website are not to be considered a recommendation and it is the reader's responsibility to evaluate any product, service, or company. NinjaTrader Ecosystem LLC is not responsible for the accuracy or content of any product, service or company linked to on this website.

We will leave this topic open for anyone that would like to contribute to your needs.

An alternative would be to hire a 3rd party programmer and we can provide a link to such in the NinjaTrader Ecosystem.