Pros and Cons of Chartz, NinjaTrader and Trade StationNinjaTrader, MetaTrader and TradeStation are by far the most popular platforms among the retail trading crowd. Each one tends to focus on a special market niche. MetaTrader primarily caters to forex market. TradeStation earns most of its business from equities traders.Despite their popularity among certain markets, each platform is fully capable of handling the different types of markets.
It all comes down to which platform suits your needs. They all offer automated trading as well as backtesting capabilities. All rights reserved. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or lifestyle. Your Choice of ConnectionSelect your broker or market data service provider.NinjaTrader BrokerageAdditional brokers include Interactive Brokers, TD Ameritrade, FOREX.com,FXCM and MB Trading.KinetickAdditional vendors include eSignal, IQFeed, TradeStation, Google Finance and Yahoo Finance.
Risk Warning: Our service includes products that are traded on margin and carry a risk of losses in excess of your deposited funds. The products may not be suitable for all investors. Please ensure that you fully understand the risks involved. The bricks are always equal in size. For example, in a 5-unit Renko chart, a 20-point rally is displayed as four, 5-unit tall Renko bricks.Renko charts were first brought to the United States by Steven Nison when he published his book, Beyond Candlesticks.Basic trend reversals are signaled with the emergence of a new red or blue brick.
A new blue brick metatfader the beginning of a new up-trend. A new red mettrader indicates the beginning of a new down-trend. Please note that in order to update the charting on your account, all open positions must be closed and your account must be transferred. You will be notified via email, within 2-3 business days, when your account is transferred.
You will receive a new account number and password. Open positions, stops, limits and pending orders will not be transferred.Moving an MT4 account to access proper charting ninjatrader or metatrader charts certain changes to your account. Before you complete this form, please take note of the ninjatraded ThreadsFX with Ninja Trader Brokerage repliesNinja Trader Broker in Australia 8 repliesCOT index for chartss trader search 0 repliesBacktest with Ninja Trader 4 repliesMT4 and NINJA TRADER 2 replies.
NT is still free. Trouble is there is no free data feed, unless you have a live account with one of ninjatrader or metatrader charts vendors. Except: Gain still has their archive of historical tick data. You can download that, import it into NT, and do your tests. MT4 is easier to work with. NT is c-sharp. I also have been looking for alternative platforms to MT4. I use Ninjatrader. It is solid and solid reps.
Ninjatrader or metatrader charts