Automated Ninjatrader Strategy for 7-Minute Emini Dow Charts
Technical Analysis, Trading System, Electronic Trading
Our Ninjatrader Automated 7-Minute Strategy uses technical tools such as Heiken Ashi Candles, Moving Averages, MACD, and ADL to identify trending conditions as well as reversal and inflection points within price action. It has been back-tested and optimized over 6-years of accurate historical chart data between January 2008 & December 2013, and walked forward in live trading from January 2014 up to the present.
The strategy is uniquely designed for 7-minute Charts of YM $5 Emini Dow Futures contracts. The fully-automated strategy is designed to only allow a single entry per direction (long or short) at any given time; however the user can customize the contract quantity per trade entry, the hours during which it is applied and maximum daily long and short trade loss thresholds. The strategy can also send an email and/or text message to a customizable email address and/or phone number if that feature is turned on.
Apart from the daily loss thresholds, the strategy does not include an automated money management scheme. It is the responsibility of all traders to have, and strictly follow, a money management strategy of their own that fits their unique situation. We offer some tips for money management and strongly advise anyone interested in trading to not only paper trade in SIM mode until completely prepared to go live, but also to put as much effort (or more) into developing and following a sound money management strategy.
When enabled for 24 hour trading, the 7 Minute strategy may take positions at nearly any time, and regardless will AT MOST hold a position for a single session, exiting all positions before the brief market shut down at 3:15 PM Central Time. It contains all 2014 CME Holiday Hours, and will attempt to exit all open positions before early closing times and holidays so that a position is never held during those hours when it is impossible for the trader to manage the positions. This is critical because markets can sometimes move substantially during those times. The time zone set in Ninjatrader must be set to Central time, and this feature must be enabled in order to work
, Electronic Trading
, Emini Dow Futures
, Futures Trading Strategy
, Technical Analysis
, Trading Algorithm
, Trading Platform
, Trading Software
, Trading Strategy
, Trading System