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Home » NinjaTrader Mechanical Trading for Forex, Futures and Equities » What are Strategy Best Settings

NinjaTrader Strategies - Mechanical Trading General Discussions - Ask general questions, post charts and videos - backtesting, optmisation and strategy anlyasis
09/12/2011 10:49:19

forum
forum
Administrator
Posts: 387
1Give a man a fish, he will eat. Teach a man to fish he will eat for the rest of his life..
#2 So for all you traders asking me for best settings...please don't ask me for a fish. See #1
#3 Do any of your strategies work – send me YOUR settings – find them yourself..doh! See #1
#4 If I buy one of your race cars will I win the race? The driver and their car setup wins the race... The driver must learn to drive and control their own destiny
#5 I dont have time to learn I want money now...i need to win now, just give me your secrets for $999... Give up you're dead already – trading has no time for your sort...you are doomed.
#6 I want to learn and have an open mind... Welcome to MicroTrends lets see what we can for you..
Why don't you start by relaxing and taking your time...this takes dedication and brains...
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23/06/2010 18:08:14

Tom Leeson
Tom Leeson
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Posts: 661
ok so what MicroTrends can do is show you and support you in the quest of finding those settings :-)

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MicroTrends tom
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23/06/2010 17:48:16

Tom Leeson
Tom Leeson
Administrator
Posts: 661
What is the best set up for the MT2 & MT SCALPER strategy meaning the HTTF and the rest

[17:34:40] MicroTrends: The best settings are those that suit your trading style and psychology - whihc only you will know. All strategies are now unlimited and free for backtesting, optimisation and market replay. i suggest put a strategy on a chart and seeing what it looks like. does it make sense to you. wold you trade that.. if so then optmise and backtest with those settings - you need to learn how to be a mechanical trader to do all that... do not take my word for it... find the truth yourself and then you will have the statistical evidence required to stay with a system during a drawdown period.

There are two types of trader:
#1 Those who buy software and havent got a clue about trading or how the software black box works...
They are dependant on software vendors and at the mercy of their marketing and publicity.
#2 Those who learn how to trade. - They might choose some software to fit in with their style...
The skilled trader will learn the trading system premise, backtest, optmise. walkforwards over a set of non correlated instruments.
The best of them will choose to diversify their trading systems and settings over a diverse portfolio....


A thought about Style

TRAINING


You can get free training for the Strategy Analyzer as the second part of this free NinjaTrader webinar:

What: Software Training Session/ Strategy Analysis
When: Usually once per week (schedule)
Duration: Approximately 60 mins
Cost: Free to everyone
Develop your strategy concept, construct it, historically test it, optimize it, simulation test it and then live deploy it through your live brokerage account with NinjaTrader’s strategy development tools. This session is designed to provide a high-level overview of the following areas:
  • Create a strategy in the Strategy Wizard
  • Create entry and exit conditions and invoke actions
  • Backtest using the Strategy Analyzer
  • Understand the backtest results
      Plan to attend this session if you want to maximize your efficiency in utilizing NinjaTrader for automated strategy development. After completing the Automated Strategy Development Level I training session, you will:
    • Know the process for constructing a strategy using the Strategy Wizard
    • Know how to create entry and exit conditions
    • Know how to backtest a strategy
    • Know how to view the performance results of a backtested strategy
        Participation is free so please attend if you are a first-time visitor, new user or an existing user. These sessions are always informative and keep you up-to-date on any enhancements and features we add to our strategy development features.
        http://www.ninjatrader.com/webnew/trading_online_events.htm
        edited by tom on 23/06/2010

      • edited by tom on 23/06/2010

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        MicroTrends tom
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