NinjaTrader OverviewOpen NinjaTrader Account
NinjaTrader users receive competitive pricing and quality execution from Friedberg Direct's large network of forex liquidity providers, which includes global banks, financial institutions, prime brokers, and other market makers.
- Market Analyzer: The Market Analyzer is a robust real-time quote sheet that provides a snapshot of current market conditions and trading opportunities.
- Market Replay: The Market Replay feature allows you to replay major currency pair data online after hours and even on the weekends.
- Strategy Builder: The Strategy Wizard lets you build your own automated strategies, even if you aren't familiar with custom programming languages.
NinjaTrader FeaturesOpen NinjaTrader Account
The Market Analyzer is a robust real-time quote sheet that provides an overall snapshot of current market conditions and trading opportunities. With the Market Analyzer you can quickly spot those opportunities not only in the FX market but also in stocks or futures depending on the feeds you have integrated with your NinjaTrader subscription.*
You can then customize your snapshot table with your preferred fields for your selected trading instruments such as:
- Net Change on Day
- Last Price
- Position Size
- Unrealized Profit/Loss
- A selection of over 150 Indicators
The Market Analyzer also allows you to set up a rule based color coding and alerting system for buy/sell signals based on your indicator parameters. It can dynamically rank, sort, and filter your Watch List to highlight the instruments that have met your pre-defined conditions to trade.
Trading is just like any other skill. If you want to be good at it, you have to practice. The Market Replay feature allows you to replay major currency pair data online after hours and even on the weekends.
To take advantage of this feature you simply have to download the replay data and specify the date and timeframe. Then you can practice scalping, watch how your strategies would have performed, and test the hypothetical performance of your entry and exit points. Unlike a typical demo account, the Market Replay feature has the added benefit of being able to fast forward through data, allowing you to more effectively analyze your strategies.
The Strategy Wizard is designed for traders who want to build their own automated strategies, but who aren't necessarily familiar with custom programming languages such as C#. To build your own strategy with the Strategy Wizard, you simply have to define what conditions you want met, and the action you want to occur when those conditions are triggered within the platform.
You can set a basic strategy in the Condition Builder to perform an action if the close of the current bar on a given instrument is greater than the 20 period EMA. NInjaTrader can then:
- Highlight that the condition has been met on a chart
- Send an alert such as an email or a sound
- Execute a buy or sell position with pre-defined stop-loss and target levels.
The Strategy Wizard of course provides you with the ability to backtest your strategies using historical data to see how they would have performed under various market conditions. You can see the hypothetical entry and exit points and the associated profit/loss, allowing you to tweak the strategies accordingly prior to enabling them on your live account.
Automated Strategy Development:
In addition to the Point and Click method of building a strategy for non-programmers, NinjaTrader also allows developers to construct automated trading strategies using the C# based NinjaScript. With NinjaTrader's advanced event driven model, you can program your strategy logic on events triggered by market data, market depth, order status, fill updates and position updates.
* Securities and future products, and services are not offered by Friedberg Direct.