AutoTrader Details
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NinjaTrader
Kinetick
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AutoTrader Details

Button
Description

Auto Is On

If Auto is On the trading control is of the strategy, otherwise is up to you.

Flat(0)

$(0.00)

Flat, Long or Short in Ticks/AveragePrice

PnL(0)

$(0.00)

The Profit/Loss in Ticks/$ of current position.

Enter Long

Goes Long if Flat. AUTO TURNS TO OFF AND ChartStops TURNS TO UNCHECKED.

Enter Short

Goes Short if Flat. AUTO TURNS TO OFF AND ChartStops TURNS TO UNCHECKED.

Chart Stop(0)

$(0.00)

If checked the stop (Loss or Gain) is triggered by the strategy according to Chart´s Forces.

Max Risk(0)

$(0.00)

If checked closes the position when loss reaches the number of ticks. (Trick) If unchecked and condition is true, you can use it to close position with no changes on "Auto is On/Off".

Target(0)

$(0.00)

If checked it closes the position when gain reaches the number of ticks. (Trick) If unchecked and condition is true, you can use it to close position with no changes on "Auto is On/Off".

CP(0)

$(0.00)

Cumulative PnL since start of trading. If you disable/enable the strategy, it restarts from 0.
Monitor

NinjaTrader™ Chart trader and JFTSForcesCore

Chart trader

Parameters - Control of Position and visual

Parameter
Description
Load My Parameters
Load your last Saved Parameters.
Chart Stop Starts
Control of position according to chart´s forces starts checked (true) or unchecked (false). You can change it at any time, during a trade or not.
Entry Qty
Number of contracts.
Max Risk
Maximum Risk in ticks.
Max Risk Starts
Max Risk starts checked (true) or unchecked (false). You can change it at any time, during a trade or not.
Target
Target in ticks.
Target Starts
Target starts checked (true) or unchecked (false). You can change it at any time, during a trade or not.
Save My Parameters
Save current parameters as txt file at folder C:\Users\​Username\​Documents\​NinjaTrader 7\​bin\​Custom.
Run Historical
Usefull to minimize CPU and Pollution of Chart for live trading. Leave it as false for live trading, true for backtest and optimizations.
Start Trading HHMMSS
Local Time to start trading. If StartTradingHHMMSS and xFlatPositionHHMMSS = 000000, the control of position by time is ignored.
xFlat Position HHMMSS
Local Time to Flat position and Stop Trading. If StartTradingHHMMSS and xFlatPositionHHMMSS = 000000, the control of position by time is ignored.
Visual and Sounds Parameters
Customize colors, plot´s styles and fonts according to your preference.

Parameters - Markets´s Forces

Forces
Description
Chart Stop Period
Period relative to ChartStop.
PB Qty ForRange
Minimum amount of movements to be considered that market is in doubt (maybe low volatility). Minimum is 4, default is 6.
Rate1B PullBack
Measures the pullback force relative to the last counter-movement. The smaller the weaker the pullback.
Rate1B Spike
Measures the pullback force relative to the last spike. The greater the stronger the pullback.
Run Pattern0
1 = Run the pattern. If not equal 1, such as 0, ignore it.
Run Pattern1
1 = Run the pattern. If not equal 1, such as 0, ignore it.
Run Pattern2
1 = Run the pattern. If not equal 1, such as 0, ignore it.
Run PatternL
1 = Run the pattern. If not equal 1, such as 0, ignore it.
Run PatternR
1 = Run the pattern. If not equal 1, such as 0, ignore it.

Please Be Aware:

  1. If AUTO is OFF all functionalities are up to you, including the parameter MinutesXFlatPosition.
  2. If you enter or close position via 'Close Position' , AUTO TURNS TO OFF automatically.
  3. If checked, Chart Stop can close position with Gain or Loss, according to chart´s forces.
  4. Buttons Enter Long/Enter Short changes the direction if you are not flat. For example, if you are SHORT and click Enter Long, you will get a Close Position and an Enter Long.
  5. The parameter xFlatPositionHHMMSS does not change your option on NinjaTrader™ Tools-->Options-->Misc Time to flatten parameter.
  6. If you are not flat and 'Auto is Off' (via Enter Long/Short buttons) and turn the strategy to 'Auto is On', the Stops and Target´s actions could be executed immediately according to ChartStop, MaxRisk and Target buttons, if they are checked.

JFTS AutoTrader is a nice tool for auto and discretionary trading

Risk Disclosure:

Futures and forex 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 ones’ financial security or life style. 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.

Hypothetical Performance Disclosure:

Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.