NinjaTrader indicators to take you over the winning line

Strategy Building with Optimal Ninja

Strategy Building with Indicators Pack

It's simple to build strategies with Optimal Indicators pack.

As an illustration, we spent a couple of hours building a simple intraday trading strategy for the previous two months of YM (1st September to 12th November) using real open Optimal Renko bar patterns and Optimal Vision point of control as support / resistance.

We used Strategy Builder only (no bespoke coding was allowed) and the goal was to create a trading strategy that was profitable in both long and short trades, to eliminate the effect of market directional bias.

The initial results were encouraging:

Equity curve of example strategy using Optimal Ninja

Strategy Analyzer statistics of example Optimal Ninja strategy

Results are hypothetical. One contract traded. Slippage and costs are not included. These screenshots are only intended to illustrate the strategy builder compatibility of our products. Your strategy results may not emulate ours. There are inherent limitations in backtesting. The strategy is not included with a subscription.

This is a relatively crude model and would require further development and testing before becoming a tradable system, but is shown as an example what is possible using only simple outputs from just two of our products without coding.

Liberate and build your trade ideas

All of our indicators can be automated.

Want to build pivot level strategies using Optimal Pivots backtested statistics? No problem. You can test for whether price is above or below any pivot level and whether it has been previously touched in the session. You can call percentage touch rates and percentage close rates for any pivot in a session, and for the prior session high, low and close.

Interested in market breadth divergences? Optimal Market Breadth makes it simple to incorporate these into your strategy building.

Using non-time bars? Optimal Speed can test for slow bars, crawl bars and the slowest up/down bars of the session. Optimal Tempo can integrate minute bar timeframe levels into your testing.

Huge flexibility. Endless scope to explore your trade ideas.

Tips for successful strategy building

A vast amount has been written about building and testing trading strategies. These are our top three tips:

1. Observations based on conjecture and experience and confirmed through testing are usually sound

It is much better to start with a theory of market behaviour that sounds reasonable, and to confirm with testing, than to uncover an apparently magical edge through optimization. Optimized results that are not underpinned by logical reasoning may simply be revealing random parameter fitting.

2. Fewer rules result in a more robust outcome

Traders often add complexity in the search for certainty. In discretionary trading, this usually results in charts that look like a Jackson Pollock painting. In automated trading, it increases the chance of curve fitting. Both result in adverse outcomes. We recommend four or fewer variables in a strategy.

3. More test data is better

Testing over a longer time period will include more market modes: trending, wide-amplitude cycles, low volatility and price shocks.

Build your strategy with Optimal Ninja!

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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 one's financial security or lifestyle. 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 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.

Trademarked Materials – “NinjaTrader® is a registered trademark of NinjaTrader Group, LLC. No NinjaTrader company has any affiliation with the owner, developer, or provider of the products or services described herein or any interest, ownership or otherwise, in any such product or service, or endorses, recommends or approves any such product or service.”

Testimonials – Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.