Newbie to NinjaTrader. Few general questions

[Enthusiast]

Hello, I'm new to NinjaTrader. Previously, I have used different software for studying charts and using indicators. Because of its cost, I'm looking to switch to alternatives. Before proceeding with NinjaTrader, I have few general questions:

Can I trade BTC/USD pair using NinjaTrader? (I looking to use Coinbase or Binance API)
Does NinjaTrader support Renko charts with custom brick size and 1 second timeframe?
Can I do automate trading based on a buy and sell indicator?
Do I need to upgrade to premium version if I have to use the above features?


Thanks.

[NinjaTrader_Erick]

Hello Enthusiast ,

Thank you for reaching out.

-While you may be able to Chart these instruments, Crypto trading is currently not supported on our platform.

- NinjaTrader does support Renko charts natively and you can also import external custom Renko Chart types as well - Yes you can created automated NinjaScript Strategies that submit orders based on indicators

- You do not need to pay to use the features you have menationed on our platform. The only features that require additional pay are "Multi-Broker" (to trade live accounts of other brokers on NT8) and Order Flow+ tools (advanced indicators/volumetric charts)


Please let us know if you have any other questions.

[ericviking]

Hi Erick,

It seems NT constructs a Renko chart based on tick data instead of timeframe-based, say, 1-minute, data. Since the historical tick data is limited to 1 year for the Continuum data feed, the user cannot have a Renko chart beyond the last 12 months. Would NT allow the user to specify the timeframe for a Renko chart so that it uses the timeframe-based data instead, in order to work around the limitation?

Thank you!

[james874]

I'm also new to NinjaTrader - Does NT display RPE for stocks, or would I need to add a custom indicator for this?

[NinjaTrader_LuisH]

Hello james874,


This is not something available within NinjaTrader's default list of indicators.

You'll want to explore some options via the NinjaTrader Ecosystem.


Thank you!



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.