NinjaTrader offers several useful tools for analyzing your trading performance, including cumulative maximum drawdowns of hourly trades and a strategy overview. It also allows you to manually enter or remove executions, and displays results in a variety of formats. NinjaTrader also has a manual trade entry and removal facility, which allows you to delete out-of-strategy trades. There are many different indicators for the Forex market, so you ll be able to find the one that suits you best.
One of the benefits of using NinjaTrader is that the software offers a basic trading platform that can be used to perform automated trading strategies. NinjaTrader can be used to import data from a third-party brokerage, and its extensive community forum is a treasure trove of add-ons for the platform. You can also try out a 30-day free trial, which will allow you to test all the features of NinjaTrader before you commit to the purchase.
Another great feature of NinjaTrader is that it can fast-forward to a specific time and begin playing back from that point. There are 1x, 2x, and faster playback speeds available. To see market opening time, simply drag the slider to that time. It will then take a few seconds to "catch up" with the time. Once the playback begins, you can change the speed to adjust the trading signal.
Rollover guides are useful tools to monitor the rollovers of futures contracts. They can help you avoid unhealthy trading conditions by providing you with date-and-time updates. NinjaTrader 8 offers a Rollover Guide indicator. Another useful tool is the Vol Index, which provides daily average range data to help traders plan their daily movements. Both NinjaTrader and TradeStation offer these indicators for traders to choose from.
NinjaTrader also offers free end-of-day historical market data. The platform also reduces CME Group Globex exchange fees by using Kinetick. You can also choose to use historical data or replay market data for backtesting. The accuracy of historical data will depend on the currency broker and the vendor. In this case, you ll want to use the latter. There are several disadvantages to using historical data.
In forex trading, currency pairs are traded on the basis of a currency pairing. The base currency is the first one, while the other is called the counter currency. During a rollover, the difference between the interest rates of two currencies is adjusted by a certain number of forward points. These forward points represent basis points adjustments and account for fluctuations in the exchange rate. In short, the rollover values reflect the interest rate volatility of the market.
NinjaTrader supports historical data on its platform. It can read data in MetaStock format or start and end-of-bar time. You can edit the data you view on the chart. The status column indicates whether any changes were made. You can also export the data you want to analyze in different intervals. You can also download fresh data from the broker s server using NinjaTrader. This is another great benefit to NinjaTrader.