👉 Prop Firm Deals https://linktr.ee/covetrader
Transcript
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What’s going on, guys? So, today I’m going to show you how I use Ninja Trader to kind of forward test uh Trading View indicators and strategies that I make. Before I do, if you want to see me trade live, subscribe below. I stream live every single day. Um, also, if you have any questions about any of my indicators, anything, strategy, be sure to come on my live stream and ask. In the description of this video, I also have a link to
Our free Discord and a link to a bunch of different uh proper deals. If you want to support the stream, use code Cove Trader. All right, let’s dig right into this. All right, so first of all, you got to come up with a strategy. So, I actually didn’t make this strategy. One of my friends did. And to me, obviously, it seems a little too good to be true, as you could see. Um, yeah, it’s a breakout strategy. So, we’re going to,
You know, so if I wanted to test this, obviously I’m not going to use my live money. I’m not going to use my prop firm accounts. Uh, basically, you open up Ninja Trader, right? And you can see I have other ones. So, you would rightclick and you just add a SIM count and you say, “Hey, what is this? This is NY open breakout, right? So basically I just have to disconnect and reconnect. But see that it’s there and then basically you
Would just use that account um you know when you create when you open your chart up. So, what’s going to happen is through the day, you set an alert here. You hit these three buttons, you add alert, you have the sound, and I could show you how to automate this, but I’m not we’re not doing the automation right now because you can use a thing called web hooks, which is right here. I’ve used obviously I used Edgeful in the past. I
Do not use them anymore. not going to get into it, but um yeah, basically you can use web hooks or you can just add alert, get the sound, you would hit the create button. I’ll just show you. And then it will be right in here. And then every time this triggers, you would just purchase in your SIM account on Ninja Trader. All right. Now, there are ways that you can automate. So, one of two ways is you can obviously turn this
Script into a Ninja Trader script and then it will auto trade the strategy there, right? That’s another way that you could automate this. That’s how I’ve done it in the past. But you just got to remember sometimes when you change this script to Ninja Trader, some things do change. Not necessarily on something as simple as this, but I have other indicators that use all types of things. Like this one uses fair value gaps, VWAP. Um there’s like two or three other
Indicators that it uses to create a buy or sell signal. And I would definitely I definitely like lose some of that. So, you can also use a I haven’t used it yet, but somebody said you could use Alpha Insider. That was a free service, but uh yeah, the web hooks um is a way. Now, I believe you could do it with Trade of Now, a lot of prop firms do not want you to um a lot of props do not want
You to use bots. So, this would be a bot. Um, so once you go live, I would not do it that way. I would just do it for this the testing purposes, but then once it’s live, when it signals, you get in. When signals, you know, you get out. Um, but yeah, so you know, you basically you would sync your trade to trading view and then you would sync this uh to take the trades. You know, that that’s another way to
Do it. But just remember, they don’t want um they don’t want that. But like I said, you can have this trigger and then you manually enter and that’s okay because you’re technically not bot trading. You’re just kind of you built a system and it’s just telling you to get in and you’re getting in and out. Um but yeah, so I mean this is on gold, but yeah, I am just uh these are ways that I use Ninja Trader. Now, with Ninja
Trader, not only can you test things, but you can just create accounts to trade with. These are all free accounts. You can create as many as you want. Um, I’ve tested stuff before, as you could see, some Reno stuff, Fair Value Gap stuff. Um, you know, I’m not going to get into what works and what doesn’t right now, but I will say stick to New York session. That has been the best so far, um, for me personally. And then um yeah,
I mean that’s pretty much it. I’m just I use these free accounts a lot to do a lot of different things and you guys should be taking advantage of this um for any testing of strategies where it’s not going to cost you any money and you can let it play out and you can kind of trade it however you want. And um but yeah, I don’t think a lot of people take advantage of the free accounts that Ninja Trader has. And
That’s it. If you have any questions about this, come on the live stream and ask and I will be sure to help you out.
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