Breakout strategy

[spajk]

Hi,

id like to ask how can i set this strategy to Ninja Trader:

1. enter to long position at highest high +1 tick range from 9:30 to 10:30 or short at lowest low -1 tick from the same range
2. stop loss will be set to oposite side of entry, if entry will be to long position then stop loss will be at lowest low -1 tick.
3. exit position at stop loss or at 18:00

or at least how to set automatically (not by hand) the stoploss the way i wrote above.

thx for help
spajk

[NinjaTrader_Ray]

NinjaTrader can not generate entries or exits based on indicators or chart data. As an alternative, you can use a charting application to generate these signals and pass them to NT for order processing. More information can be found in the Autoated Trading section of our users guide located on our website.

[spajk]

OK, but how to create bracket order and when is long or short order executed, make automatically the second order as stoploss ?

thanx

[NinjaTrader_Ray]

That is excatly what NinjaTrader does. Please take a look at www.ninjatrader.com (http://www.ninjatrader.com), there are over view videos that review this.

[spajk]

Sorry but i havent found the information on the web.......
There is only OCA orders described.

thx

[NinjaTrader_Ray]

Start with this -



http://www.ninjatrader.com/doc_position_strategy_parameter_tabs.htm

[spajk]

Maybe im blind but i just cant find there the information, i have read whole ninjatrader.com site. :(

Second question: how can i pay for Ninja Trader if i cant have PayPal account ?

thanx

[NinjaTrader_Ray]

I suggest you attend tomorrow's training session then. Information is on our website. Contact sales@ninjatrader.com (mailto:sales@ninjatrader.com) to pay via credit card.