The NinjaScript strategy for NinjaTrader 8 automatically opens positions depending on the volume imbalance within half an hour. The strategy is designed for intraday trading. It provides placement of stop order, take profit, imbalance level (Delta), as well as drawdown level, profit target, trading days, trading time.
To the note
All autostrategies have been developed and tested on history and have not been applied in real trading. This is first of all an idea, a good training example. You can change or modify the script to meet your requirements.
Installation instructions
In the NinjaTrader8 trading terminal, using standard functions, we import the purchased archive through the tools to import the addon. Next, add a new strategy in the strategy tab and click ok.
Futures, foreign currency and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one’s financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.