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I have an idea about a strategy and I would like to ask if some one has already developed a similar strategy at NinjaTrader and he can share his strategy with me. My idea is quity similar to Carry strategy. I would have a basket of currencies and based on few criteria I will rank this basket with Top 5 and Worse 5 currencies. Then I would go Long on the Top 5 currencies and Short the Worse 5 Currencies. It is very similar with Carry strategy but instead of using interest rates differencial as a criterion I will use other.
Thanks in advance
Can you help answer these questions from other members on NexusFi?
As fas as I know it is possible to send multiple trades for various currencies at the same time however I dont know how to rank a basket based on criteria.
@Loukas, you created this thread in the Journals section. Can you clarify your intent to start posting your trades in a journal fashion, or was this a mistake?
I recommended he start a journal as I thought he was wanting to put together a 'technique' or put it in the commodities section but maybe he just needs it in the NinjaTrader section.
I thought he was looking for others who may be doing basket trading and putting together his own technique at the same time, but just a guess at this point.
