03/05/2011 20:45:26
Tom Leeson
Administrator
Posts: 290
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History of MT Easy Trader
The MT Easy Trader has its roots in a product I wrote while contracting for Goldman & Sachs back in the mid 1990s, called Trade Buddy, It was used on many projects and by many traders as it simply worked alongside and hooked mapped controls into most windows forms trading applications, provided the position sizing functions and order entry without the need to compile it into the program. Sounds original but no far from it, it was not the type of utility that could be patented even back then, it was just a clone of many other "IT "contractors widgets and uis that traders used, there was and still is similar generic stuff alongside their front desk systems or directly integrated. I later sold it to an associate called Tempest Consultants (Reuters Survey) who sunk in the slime around 2001. I rejuvenated it later with C# and used it on commercial projects as a set of controls...So yes it did start out life as a simple position sizing and no it is not aimed at replicating other s imilar products.
MicroTrends NinjaTrader Framework - Strategy Base
With its latest re-incarnation and appearance into NinjaTrader, it simply maps onto and exposes the underlying functionality of the MicroTrends NinjaTrader Framework - "StrategyBase" a set of libraries offering a "trade engine" for trade signal processing, order entry, trade management, static or antimartingale position sizing, risk reward and risk management, session scheduling, a plethora of filters, stops, stop limits, market, limit orders...multiple settings persistence....the list goes on.
MT Easy Trade UI
The MT Easy Trader is simply a shell, a UI with no function, or logic, its purpose is merely to send mouse clicks and user interactions back to a running strategy parameter set, allowing you to alter settings without restarting. It is created by the "Strategy Base" a set of libraries used when you start any of the 14 MicroTrends strategies...
MT Easy Trader "Strategy"
There is a strategy called MTEasyTrader - which allows you to run the user interface in standalone mode so you can use it as a discretionary system or you can use it integrated alongside any of the other strategies to trade fully automatic or semi automatic trading. For example I use it when trading with robots, I may chose to enter a trade manually or to block the robot from taking a trade. I may even change the trailing stop type during a trade and tighten it in, or move to breakeven etc…
Developer
Developers can also use it for their own strategies, all you need to do is write a few lines of code and you got free access to all the functionality.
I will post some code snippets if anyone is interested.
Generic Signals Trader
I have created a generic signals trader, which listens for indicators supporting an interface on the same chart, and allows you to trade any number of signals at once - using a majority and minimum threshold. I will also create one to allow you trade signals from many charts, priority and weight can be assigned to charts and signals…
Order Types
I have to unlock limit orders, stop and stop limit, on the UI and release it and also do 100s of pages of documentation too…:-( I have been working on 3 layer neural net multitimeframe generic signal aggregation system for 18 months and some other stuff and forgot to release the MT Easy Trader in 2009 and its documenation :-), I get too carried away by trading and development sometimes. But I promise now to focus on getting all the documentation and order types released :-)I will now unlock the functionality for next week. All the Strategies do support those order types all you have to do is configure the parameters in the strategy window - the MT Easy Trader buy or sell at market should then actually be the chosen order type you configured pre -enabling…
The MT Easy Trader is part of the MicroTrends NinjaTrader Framework:
The Framework is 100% FREE for demo,sim,backtest,replay trading. The only time it will ask for a license is if you are using a live connection and are using a live account to trade with. If you are using a live account connection but are trading with the simulator account it is 100% FREE….
It is broker independent, however OTG are giving it away to their clients…
Regarding Licensing
Version 7.0.0.40 would prompt you for a license when using a live account & connection- not a sim101 account on a live account. Some traders were confused that you could use a live account with the "SIM 101" account for free but required a license for the live account on a live connection.
The current framework is 7.0.0.41 and should purge all old license rules, allowing you to use what you want how you want: The download is available from the MicroTrends Ninja Control Panel update tab or direct download at the Microtrends.
The MicroTrends Ninja Control Panel version is 1.0.0.2 and will display the version of the MTNTF7 on the front bottom panel: If you have already installed 7.0.0.41 then close the control panel and restart it. Right Click on the M in the windows task bar for options. On the license tab you will be able to "PURGE" licenses...
Please let me know you if want any assistance..
many thanks
MicroTrends
edited by MicroTrends Tom on 03/05/2011
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MicroTrends
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