NinjaTrader Review

NinjaTrader Review

Introduction to the NinjaTrader Platform

NinjaTrader is a widely used trading platform that supports trading in Forex, stocks, and futures. Founded in June 2004, NinjaTrader LLC is a privately held company headquartered in Denver, USA, with additional offices in Germany and the Netherlands. Today, the platform is backed by over 300 commercial partners and developers. While NinjaTrader can be used for free, full access to its premium features requires purchasing a commercial license (details provided at the end of this review).

■ Trading: Forex | Stocks | Futures | Cryptocurrencies

NinjaTrader Basic Features

The platform is currently supported by hundreds of brokers and third-party developers. NinjaTrader offers a comprehensive suite of features, including:

• Advanced market analytics

• Sophisticated charting tools

• Automated trading and Expert Advisors

• Historical backtesting

• A trading simulator

• Data import capability from MetaStock (via text-based historical files)

NinjaTrader Advanced Charting

One of NinjaTrader's standout features is its advanced charting capabilities. Key functionalities include:

1. Multi-charting support and a broad range of drawing tools

2. One-click trading directly from charts

3. Extensive library of indicators and strategies (with the ability to create custom ones)

4. SuperDOM (Depth of Market) – enables single-click order entry, modification, and cancellation

5. Chart Trader – an integrated trading panel directly on the chart (explained below)

6. Auto-Breakeven button for quick risk management

Chart Trader

Key features of the Chart Trader integrated within NinjaTrader include:

1. Execute trades directly from the charts

2. Enter and modify trading orders with ease

3. Real-time monitoring of positions and orders

Forex Trader (FX Pro)

Forex Trader Pro is specifically designed for Forex traders, offering:

1. Easy-to-read Market Window

2. Single-click trading functionality

3. Display of Forex Market Depth

Additionally, it provides:

4. Time and Market Data Window

5. Fast-Alert Window

6. RSS and News Window

» Forex Trendy for NinjaTrader

NinjaTrader Market & Strategy Analyzer -Platform Tools

The NinjaTrader Market Analyzer offers:

1. A fast quote sheet that displays hundreds of financial instruments in real time

2. Up to 150 columns for indicators

3. Dynamic sorting, ranking, and filtering capabilities

4. Customizable criteria using NinjaScript®

The Strategy Analyzer provides:

1. Historical performance back-testing

2. Forward analysis

3. Basket testing

4. Over 80 performance metrics

5. Multiple performance graphs

ATM Feature (Advanced Trade Management)

One of the platform’s most important features, ATM enables:

1. Automation of stop-loss and take-profit order submissions

2. Automated trailing stop-loss orders

3. Automatic breakeven stop-loss orders

Develop and Analyze Automated Trading Strategies

NinjaTrader developers can create custom strategies using NinjaScript® (based on C++), featuring:

1. An easy strategy creator for non-programmers

2. Advanced strategy development using NinjaScript®

3. Access to over 100 pre-defined indicators

4. High-performance back-testing

5. Monte Carlo analysis

6. Real-time simulation testing

Execute Automated Trading Strategies

NinjaTrader supports the automatic execution of trading signals from external applications:

1. Automatic execution of trading signals within NinjaTrader

2. Seamless transmission of signals from TradeStation to your broker (no programming required)

3. Trading signals from eSignal sent directly to your broker

4. Multiple interface options including DLL, File, and .NET integration

Download Free or Purchase the NinjaTrader Lifetime License

You can download NinjaTrader for free or purchase the commercial version. The commercial license starts at $995 per license. » Download NinjaTrader Free Version

Supported Market Data Vendors

NinjaTrader partners with several market data vendors, including:

• eSignal | Google Finance | Telvent DTN | TradeStation | Yahoo Finance | Kinetick

3rd Party Trading Apps

There are over 300 commercially developed add-ons available, including:

1. An extensive library of indicators and trading strategies

2. A large network of NinjaTrader educators

Official Supporting Brokers

NinjaTrader collaborates with the following brokers:

• CQG | FOREX.com | FXCM | Interactive Brokers | MB Trading | Patsystems | TD Ameritrade | Trading Technologies | Vision Financial Markets | Zen-Fire

■ Automated Platforms -NinjaTrader Review

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