Binance Futures Strategy Result Information

[Gorka]

Good morning all,

First of all, let me say I am quite new to all this future instrumente trading, so maybe I am just missing some public information somewhere.


I am currently testing some strategies with different types of instruments, and when testing futures BTCUSDT211231 from Binance+ feed, I get a result of the orders information executed than I donīt understand:

Where does in this example the result of 53,48$ for the first executed order come from? I assume Prices shown are those of the underlying instrument. My question is how much money is actually traded, if only 53,48$ come back as a result of a theoric 53.480$ profit operation? Is there any leverage incorporated? Is there a way to see exactly what has been traded? Those numbers look a bit un-comprehensible but it seems thereīs a 1000 factor somewhere ...

Where can I find information on how does Ninja Trader operate with this type of instruments? Is there any special Ninja Trader Framework Object containning all this information OnOrderExecution that we can query for all this stuff?

Thank you very much in advance,

[NinjaTrader_ChrisL]

Hi Gorka, thanks for posting.

Use the OnExectionUpdate method to capture execution updates for historical and real time orders. I only speak English, so you will need to upload an English version of this printout for me to read it. The Binance connection is not supported, so the error would need to be brought to the attention of NinjaTools unless this is reproducible on a supported connection adapter. The instrument being used should also be looked at. Go to Tools>Instruments and search for it. Is the tick size and point value correct for this instrument? For the default BTC futures instrument, tick size and point value are both 5.

Best regards,
-ChrisL

[Gorka]

Hi ChrisL, thank you very much for your quick reponse.

As I go a bit deeper into it, I find itīs probabley more a lack of financial knowledge on my side than a technical issue.

Following your advice, I checked the instrument information under "Tools" for the common BCTUSD future instrument, as shown in pic "2021.11.19-BTCUSDT_instrument_info.png". Point value for this instrument is "0.001".

When I look at the trading results information offered under label "Trades" in the Strategy Analyzer, as shown in pic "2021.11.19_BTCUSDT_trade_results.png", there is some basic point I donīt see clear.

If we take into consideration the first trade line, I undestand the profit of 24,62$ returned in that case represents:

(Total Sale Value - Total Purchase Value) * PointValue = Operation Profit/Loss

in this example:

(516,955.60 - 492,338.64) * 0.001 = 24,62

My doubt is, how much money has been placed into the operation from our side? Is it correct to assume that if profit returned is adjusted/lowered by the PointValue, the amount of money that we put into the operation is as well adjusted/lowered byt the PointValue?

Meaning that in this case, Money invested in the operation by "us/our Account" is then (Total Purchase Value * Point Value) = Money invested in the operation

(492.338,64 * 0.001) = 492.34


Is it the way it goes? Is there any detailed documentation on this operative?

And the again, thinking that all that money exposed into the operation, 492.34 could be leveraged to a extent agreed with the actual broker/exchange? Is this how you apply leverage or is it some other way?

Thank you very much for your attention,

[NinjaTrader_ChrisL]

Hi Gorka, thanks for your reply.

The amount of money you earn on each increasing tick from the average entry price will be TickSize * PointValue. There are risk definitions for the Sim101 account for all the default instruments in the database, but you would need to add custom risk definitions to define the required margin for this instrument.

Best regards,
-ChrisL

[Gorka]

Hi ChrisL, thanx a lot again,

Got it clear now, thanks. So in that example of the previous post that would be:

Ticks earned: 3,077.12
Point value: 0.001
Num contracts: 8

Total proit: 24,62 $

Cool. Also, thatīs clear with the margin, I can simulate it by code beforehand (Iīll configure the risk templates when I get the right information)


So, if I got it right, no matter how you finance the operation (whatever your margin is) 8 full BTC are purchased totalling 492,338.64 $ to make a 24,62 $ profit,

Say my margin is 5% (on Total Purchase Value of 492,338.64$), thatīs saying I am putting 24,616.93 $ to make those 24,62 $

Is that correct?

[NinjaTrader_ChrisL]

Hi Gorka,

The margin math looks ok to me. Please do confirm with your broker any specifics about this.

Best regards.

[Gorka]

Hi ChrisL,

Sure we will. Just wanted to make sure our understading of the figures and operative was correct (as said, I am personally pretty new to it ...).

Thanx a lot,

GREAT support