AUTO TRADE

Automated and Manual Trading For NinjaTrader

WE DON’T GET NICE SIGNALS BY ACCIDENT

In order to make trading a little easier and hopefully less stressful, I have developed the EminiScalp ABL AutoTrade Strategy. Knowing critical trade areas is key to successful trades. The EminiScalp ABL AutoTrade Strategy is designed to assist the trader with possible entries when price reaches the current high or low. Many times a trader will watch price move up and assume that price can’t go any higher. They may take a short just because they feel that the move is exhausted. To their dismay, price continues to rise and the trader gets stopped. This same scenario can also happen when price moves to the low of the day. Our EminiScalp ABL AutoTrade Strategy is designed to assess a variety of trading factors when price reaches these areas. When conditions permit, a trade signal appears. If set for autotrade, the trader is automatically entered into the trade. Each trader should be familiar with the NinjaTrader Super DOM, as individual profit management is determined by each trader. A trader has the option of turning the autotrade off. When this happens, the signals will still appear, but there will be no auto trade entries. The trader has the option of taking these signals manually if he or she so desires. Just install and you are ready to go. Normally, it can be active all day long, but if there are times that you may not want trades to be taken, you can set the NEWS times to fit your schedule. You also have the ability to set your session times, depending on the market you trade.

There are those traders who are not able to determine important trade areas. Even if a trader was able to determine these trade areas, the question many have would be where the entries are. In regard to either the current high or current low of the day, where price seems to be attracted to throughout the session, our EMINISCALP ABL AUTOTRADE can certainly assist the trader in determining where the entries should be. In most cases, there are enough potential trades during the day to satisfy most traders. Of course, as with all methods, not all entries will be successful. But with proper trade management a trader could be very well satisfied with our EMINISCALP ABL AUTOTRADE.

An arrow will appear on the bar or candle in which the trade is entered. Once in an ABL trade, there will be no other ABL entries until the current trade is completed, even if another entry arrow appears. The trader has the option of closing the trade right from the screen if he or she wishes to exit before their trade strategy completes the trade. Our EMINISCALP ABL AUTOTRADE is uncomplicated, efficient, easy to use and best of all it is an autotrade strategy at a very affordable price. Please check the purchase page for the cost of a lifetime license.

I have written an article for the next addition of the TradersWorld Kindle book as well as put together a brief but informative webinar regarding our EminiScalp AutoTrade Strategy. The article and webinar talks about our EminiScalp ABL AutoTrade Strategy in more detail. If you would like a copy of the written article, please email me at info@eminiscalp.com, or better yet, visit the TRADERSWORLD EXPO 16 to view our webinar.

I will be contributing an article for TRADERSWORLD magazine, issue #61, which will be available around November 15, 2015. Along with a variety of trading tidbits, I will be talking about our EMINISCALP ABL. If you are an eager beaver and would like ABL info prior to the article being published, or if you would like info regarding any of our methods, please email me at info@eminiscalp.com.

In order to take full advantage of the ABL, you should be familiar with the NinjaTrader Super DOM. All the ABL will do is show the trade signals, it is up to the trader to be able to determine the target areas. Determining target areas is a major issue for many traders. I will be discussing this in the upcoming TRADERSWORLD article. The trader should be familiar with the trade management in regard to target areas, stops, number of contracts, trailing stops, etc. In order for the trades to be taken automatically, the trader should be familiar with how to link a strategy to the DOM. If the strategy is not linked to the DOM, the signals will still appear although there will not be any auto entries. In order to take full advantage of the EMINISCALP ABL , familiarity with the DOM is imperative. Tutorial links to the SuperDOM can be found on the NinjaTrader web site.