NinjaTrader – Forex trading platforms

The NinjaTrader trading platform is not just an ordinary terminal in the sense that we are used to, but a unique, effective program for exchange trading that offers such functionality that not all companies can boast of. It is used not only for Forex trading, but also for analyzing the market, creating and testing various strategies.

Advanced Trade Management is a new system that manages trading and “protects” open positions through previously created behavioral strategies. In order to fix profit, stop losses, they execute orders, automatic breakeven stop orders. The impressive capabilities of NinjaTrader for technical analysis are what traders praise in the first place. Brokers are also good about it, and you can see the feedback about them in the section on RoboForex and other companies.

In addition, the user can use the additional features provided by the mechanisms, with the help of which it will be much easier to create a strategy and test it. The user develops the concept, builds it, conducts a historical test, if it is necessary to optimize, simulate and only after that, when he is sure that everything is okay, he can try a new strategy in the work on a real account. This attracts many currency traders, because only NinjaTrader can offer such unique opportunities.

There are two options for NinjaTrader, from which the user chooses his preferred one. The basic version of the platform – that is, regular trading and standard features, the extended version – automated trading. If you are not an automatic trading fan, you will save money and will be able to work on the terminal for free, but if you do, you will be able to pay for the full version.

Profits of NinjaTrader

• User can develop different trading systems and improve them.
• The use of this platform is an excellent option, which is most often chosen by programmers working with NET.
• All strategies can be tested and tested in many ways until there is full confidence in their effectiveness.
• Internet Community – different systems for trading.
• Beautiful graphic subsystem.
• The use of the platform will be understandable for a beginner and for an experienced trader.

Shortcomings NinjaTrader

• Software may not work properly when reading large amounts of data.
• When changes occur in a chart, loading may be delayed.
• The image may be delayed when the trading volume or tick volume is too large.
• The tools offered by the Forex broker for this platform are often limited.
• Free version does not imply writing robots, installation of paid indicator systems, there is no ATM strategy.
• Very “disliked” firewalls and antiviruses.

Technical requirements

• Windows7, XP, Vista;
• 2 – 4 GB RAM;
• Free – 1 Gb;
• Monitor from 1024 X 768.

Many traders agree that it is worth trying NinjaTrader. If you have decided on the platform, and there are problems with the choice of a broker, read reviews about FBS Forex broker. Many people prefer Alpari, and Alpari’s feedback on Alpari will help.