Automate Your Trading Strategy with NinjaTrader Trade Copier

Overview

Automated trading is when a computer program does the trading work for you. It is popular because it is fast, accurate, and takes out emotions. NinjaTrader is a top trader platform and their Trade Copier feature lets traders automate their strategy and make trades on many accounts at the same time.

How NinjaTrader Trade Copier Works

NinjaTrader Trade Copier lets traders set up a trading strategy in their NinjaTrader platform and then make the same trades on different accounts. This is helpful for people with many accounts or want to follow another trader’s strategy without making the trades themselves.

To set up the Trade Copier, the main trading account and the slave accounts are connected. Then, the rules for the trades are set. After that, the Trade Copier will automatically make the trades on the slave accounts when a trade is made on the main account.

Features of NinjaTrader Trade Copier

– Simultaneous Execution: Trades are made on many accounts at the same time, so all accounts get the same trading signals.
– Customizable Settings: Traders can change the settings of the Trade Copier to fit their trading strategy and rules.
– Real-time Monitoring: The Trade Copier lets traders monitor trades as they happen, so they can see how well their strategy is working on different accounts.
– Compatibility: NinjaTrader Trade Copier can be used with many different instruments and trading strategies, so it works for lots of different traders.

Benefits of Automating Your Trading Strategy

– Consistency: Automated trading follows the strategy without emotions, so trades are consistent.
– Time-saving: Traders save time because they don’t need to keep an eye on the market and make trades themselves.
– Diversification: Traders can spread their risk by making the same trades on different accounts.

FAQs

Q: Is NinjaTrader Trade Copier suitable for all types of trading strategies?

A: Yes, NinjaTrader Trade Copier works with many different strategies and instruments.

Q: Can I customize the risk management settings for each slave account?

A: Yes, NinjaTrader Trade Copier lets traders customize the risk management settings for each slave account.

Q: Is NinjaTrader Trade Copier compatible with other trading platforms?

A: No, NinjaTrader Trade Copier is made for the NinjaTrader platform and might not work with other trading platforms.

References

– NinjaTrader official website: https://ninjatrader.com/
– “The Power of Automated Trading” by Barry Johnson
– “Automated Trading Strategies with Python” by Chris Conlan

Are you ready to trade? Explore our Strategies here and start trading with us!