Thank you Znail, Very interested you mention. Questions: 1. Programming platform, like Ninja, does not have a role in speed of trade execution at the broker? 2. What brokers are good to automate trades with? 3. How can I protect my code from theft? I have Ninja on VPS so I can remote in as needed while not home. Thanks
Hello Znail, Is it true the Hedge-Fund have algorithms that nearly guaranteed profits per trade from scalping in nano seconds?
Znail, @Lee- please share your thoughts here. Thanks Please share with me your advice or experience with back testing software and how to obtain close as possible back testing for testing my trading strategy. I currently in progress of moving from NinjaTrader 7 to NinjaTrader 8 and I use Ninja Strategy Analyzer to back test with OHLC data points. NT8 is suppose to give me more accurate back testing. Do you use OHLC data points when back testing or do you by tick data? Thank you for your time and effort.
This was done 8-9 years ago,.. surprised shops exist still that have that inefficiency in place. Some guys made bank doing this but portion mired in legal battles locked up in escrow.
My sole opinion, when it come to Algo, I almost all the time use tick. OHLC give time frame delayed in accordance to time bar, ie. volume and impulse was spent. Furthermore, OHLC is more into indicator based which time frame of the model is varying all the time in real market (unless you optimize it with certain TF), so no accurate enough in my opinion.
Yes, with Financial Tech these days. But bare in mind of how much their data, Structure mainframe, and organization costing. And yes they nearly guaranteed profit, but not as what you may think (retail forex trader, especially new ones, aims for 10%+ a month). Reflecting on annual balance sheet of good institution, investment banks happy with 30% a year, and Hedge Fund happy with 30-60% annually, as a percentage to their institution assets.