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PositionSizer for ninjatrader


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PositionSizer for ninjatrader

  #21 (permalink)
 
Snoop's Avatar
 Snoop 
Toronto, Ontario
 
Experience: Advanced
Platform: NinjaTrader, Multicharts
Broker: IB, IQfeed
Trading: ES, CL
Posts: 203 since Oct 2009
Thanks Given: 135
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What will "feed you" is trading success. Development of other miscellaneous tools often cuts into screen time or other more direct trading related development.

On a related note:

cyberxpert: outreach the boundries of excel
IB excel adapter (free) is a useful tool to draw real time info from IB - specifically real time account info - which I find very useful to drive my sizing/risk spreadsheet.


Mindset View Post
1. Money
2. Much more importantly - you can't get access to the source code. So improving or adapting it is limited.
3. Developing our own version improves learning and will lead to improvements elsewhere (IMHO)

I did actually trial it - and found it to be relatively poor in some areas.

Essentially it's the old saying
'Feed a man a fish, you feed him for a day; teach him to fish and he can feed himself.'


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  #22 (permalink)
 aviat72 
San Francisco Bay Area
 
Experience: Intermediate
Platform: NT,TOS,IB
Trading: ES,CL,TF
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Big Mike View Post
If those items are done already in the commercial application, why not just buy it? Or work with the developer to improve it or add a feature you deem necessary, instead of creating your own version.

Mike

I am not interested in the application. I am interested in developing something which uses the tools he is using with NT.

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  #23 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
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Swing Trader
 
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aviat72 View Post
I am not interested in the application. I am interested in developing something which uses the tools he is using with NT.

OK, programming questions about context menus and toolbars and such should not be in this thread. You'll want to create a new one to follow up on that stuff.

Mike

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  #24 (permalink)
 
trendisyourfriend's Avatar
 trendisyourfriend 
Quebec Canada
Market Wizard
 
Experience: Intermediate
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Snoop View Post
What will "feed you" is trading success. Development of other miscellaneous tools often cuts into screen time or other more direct trading related development.

On a related note:

cyberxpert: outreach the boundries of excel
IB excel adapter (free) is a useful tool to draw real time info from IB - specifically real time account info - which I find very useful to drive my sizing/risk spreadsheet.

Would be great if we could connect to Ninja using this tool.

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  #25 (permalink)
 
Mindset's Avatar
 Mindset 
Singapore
 
Experience: Intermediate
Platform: NT
Broker: ib
Trading: MES
Posts: 365 since Sep 2009
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May as well start at the most difficult bit...
How do you access real time exch rates?
My guess is you use a web site like google.
If you type in eg eur to gbp it comes up with a spot rate.
I can get the symbol currency but does anyone have any snippet about how to access and read a web page?

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  #26 (permalink)
 
Jura's Avatar
 Jura   is a Vendor
 
Posts: 775 since Apr 2010
Thanks Given: 2,352
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Interesting discussion going on here.


Mindset View Post
May as well start at the most difficult bit...
How do you access real time exch rates?
My guess is you use a web site like google.
If you type in eg eur to gbp it comes up with a spot rate.
I can get the symbol currency but does anyone have any snippet about how to access and read a web page?

Hm, perhaps you can use the API of your broker? (see for example the Interactive Brokers C# API : Interactive Brokers C# Api | Dinosaur Technology and Trading )

I'm sorry I can't contribute more, honestly I have no idea how to tackle such a complex position sizing program.

Regards,

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  #27 (permalink)
 
Mindset's Avatar
 Mindset 
Singapore
 
Experience: Intermediate
Platform: NT
Broker: ib
Trading: MES
Posts: 365 since Sep 2009
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Yes it is a complex project. I don't think one needs to use an API as we have C# and it's been done before of a fashion - see jt's NewsAddin.
Unfortunately this is in a dll and I can't /don't know how to read those.

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  #28 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
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Broker: IBKR
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  #29 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
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So, where is the MultiCharts version of this tool?

hint, hint

Mike

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  #30 (permalink)
 alchemist74 
Sofia, Bulgaria
 
Experience: Advanced
Platform: IB,TOS
Broker: IB
Trading: Options,ES,6E,ZB,SPX,RUT,CL
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here is my excel calculator for position sizing. At this moment i use ATR method but i have some doubts if it is best.
For calculation i use margins from AMP Futures.

There are some mistakes in symbols GE,ZF and ZT i will fix it soon.

This is created for position trading, not for daytrading !!!

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