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  • RECENT POSTS

    • Hello Everyone!  I'm Jeremias Lopez, and I started my membership a few days ago. I have no experience in trading, but I read Andrew's "How to Day Trade for a Living book" and that got my hooked. I then read a book about Charting analysis by Fred McAllen. I am really eager to learn and practice in the simulator once I feel like I got enough knowledge. I am an IT professional. Been working in IT for the past 20 years and looking forward to slowly switch into a different way to generate income. Thanks, Jeremias
    • This is fascinating, thanks for sharing. I'll have to check it out myself to see how it works, though I've also begun investigating the Pine Editor on TradingView as it seems to function similarly.
    • Yes they are very flexible. The parameters are unlimited if you create them. They also have a large quantity of indicators to use. Here is a script I wrote for NVDA opening engulfing Long. Back test says it was very profitable for the last two years but interestingly stopped working in 2024. So, I am not using it. I only have 6 parameters and 2 are where to stop out and take profit. See data created from Ninjatrader:
    • I see, thanks for letting me know. I'm ok with not having a good way to automatically trade, since the main purpose of this would be to confirm setups. Does Ninjatrader basically just come with the data, and you can write your own scripts on what setups you what to filter for, what parameters you want to set, etc.?
    • Yes, I have been using Ninjatrader for back testing the last 2 years, but on Futures. Now that I just started back into Equities I will probably start writing the algorithms in about a month. The algos are more for back testing than for taking automated trades (which they can do as well). Also, Ninjatrader had the best charting I have seen. Gotta love the 1sec candle chart...
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