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Strategy Development who do you trust?


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Strategy Development who do you trust?

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  #1 (permalink)
 fxpro312 
Long Beach, California/ USA
 
Experience: Advanced
Platform: Sierra Chart
Broker: IB, IQFeed
Trading: ES, NQ, CL, ZN, GBP, JPY
 
Posts: 10 since Nov 2015
Thanks: 4 given, 4 received

I have no coding knowledge, I dont know my C# from R to Python what?

I am looking for help in developing an NT8 strategy that will place a stop automatically after manually entering an order Market/stop/limit. The stop would need to automatically be placed x ticks above or below x bars back. The number of contracts would need to based on account size and % at risk. I would also like to be able to place targets based on ATR or RR levels and have a trail feature based on an indicator TSSuper trend for example.

I dont know if this is an extensive build or a simple one. I dont know if this is a $100 job or a $3000 job. I dont want to get raked over the coals because I am very green to coding.

Could anyone point me in the right direction. Maybe to a reputable coder that can pull this off and not rip me off

Thanks

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  #3 (permalink)
 tpredictor 
North Carolina
 
Experience: Beginner
Platform: NinjaTrader, Tradestation
Trading: es
 
Posts: 644 since Nov 2011


Typical rates for custom software development are from $35 to $100+ per hour: work involving specification like trading tends to be on the higher side while generic work on the lower. I'd say an average rate is around $62 per hour and that between $40 and $85 is more typical. Some developers might also charge a minimum fee of around $400 for any project based on 1 day of work. This does not sound like a complicated build. I estimate a fair value price for this would be between $200 and $600. However, if you have many change requests or extras then the rate could easily be a lot more. If you'd like a quote you can contact me alternatively, you might browse all the vendors in the Ninjatrader ecosystem and see if there are any existing products that might support what you need.



fxpro312 View Post
I have no coding knowledge, I dont know my C# from R to Python what?

I am looking for help in developing an NT8 strategy that will place a stop automatically after manually entering an order Market/stop/limit. The stop would need to automatically be placed x ticks above or below x bars back. The number of contracts would need to based on account size and % at risk. I would also like to be able to place targets based on ATR or RR levels and have a trail feature based on an indicator TSSuper trend for example.

I dont know if this is an extensive build or a simple one. I dont know if this is a $100 job or a $3000 job. I dont want to get raked over the coals because I am very green to coding.

Could anyone point me in the right direction. Maybe to a reputable coder that can pull this off and not rip me off

Thanks


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  #4 (permalink)
 fxpro312 
Long Beach, California/ USA
 
Experience: Advanced
Platform: Sierra Chart
Broker: IB, IQFeed
Trading: ES, NQ, CL, ZN, GBP, JPY
 
Posts: 10 since Nov 2015
Thanks: 4 given, 4 received

Thanks for getting back to me tpredictor That sounds like a fair price. I will contact you. I have looked all over the eco system and have found 1 vendor that had something close (PTG position sizer) its only for NT7 and doesnt give you the option of ATR targets or the ability to attach a specific indicator to the stop.

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  #5 (permalink)
 tpredictor 
North Carolina
 
Experience: Beginner
Platform: NinjaTrader, Tradestation
Trading: es
 
Posts: 644 since Nov 2011

There's also a forum here where you can post work projects. Thanks.


fxpro312 View Post
Thanks for getting back to me tpredictor That sounds like a fair price. I will contact you. I have looked all over the eco system and have found 1 vendor that had something close (PTG position sizer) its only for NT7 and doesnt give you the option of ATR targets or the ability to attach a specific indicator to the stop.


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  #6 (permalink)
HinduMVP
Canada
 
 
Posts: 16 since Apr 2013
Thanks: 49 given, 6 received

Hi, I'm looking for reviews on NinjaTrader's Ninjascript consultant ecosystem. Can someone please help me on finding that?

Thanks a lot, really appreciate it!

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  #7 (permalink)
 phantomtrader 
Reno, Nevada
 
Experience: Advanced
Platform: NinjaTrader
Trading: ZN, ZB, CL
 
phantomtrader's Avatar
 
Posts: 365 since May 2011
Thanks: 109 given, 633 received

I've used James at TradingCoders | Programming for NinjaTrader, MT4, MultiCharts.NET He's very good and is not over priced. I can recommend him without hesitation.

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  #8 (permalink)
 Traderjohnsblog 
Tampa florida usa
 
Experience: Advanced
Platform: NT
Trading: CL
 
Posts: 62 since Jan 2017
Thanks: 5 given, 75 received

Try Anthony at purelogik. Fast and efficient.

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  #9 (permalink)
 trendisyourfriend 
Legendary Market Wizard
Quebec
 
Experience: Intermediate
Platform: NinjaTrader wt Rancho Dinero's profiling tools
Broker: AMP/CQG
Trading: ES, NQ, YM
 
trendisyourfriend's Avatar
 
Posts: 4,030 since Oct 2009
Thanks: 3,696 given, 5,216 received

Maybe the tool is already developed! Look for these words on youtube: "indicatorwarehouse trade manager"

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  #10 (permalink)
 OGUFTrader 
New York, NY
 
Experience: Advanced
Platform: NinjaTrader, MetaStock
Broker: Interactive Brokers
Trading: ES, Forex
 
Posts: 7 since Nov 2012
Thanks: 9 given, 3 received



phantomtrader View Post
I've used James at TradingCoders | Programming for NinjaTrader, MT4, MultiCharts.NET He's very good and is not over priced. I can recommend him without hesitation.


James is great. I certainly recommend


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  #11 (permalink)
 t0030tr 
Detroit, Michigan, USA
 
Experience: Intermediate
Platform: NT8 w/TTP
Broker: IB/Kinetick/CQG
Trading: NQ
 
t0030tr's Avatar
 
Posts: 68 since Jun 2013
Thanks: 27 given, 68 received

I believe Blackbird from Shark will do all of this for you, but it has not been ported to NT8. I am sure it's coming soon though.

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  #12 (permalink)
HinduMVP
Canada
 
 
Posts: 16 since Apr 2013
Thanks: 49 given, 6 received

Do any of y'all ever worry that these developers will leak it out and not keep it confidential? Is that a risk that comes with it? Like for instance, what if you give a developer a nice trading system, what if they use it for themselves as well behind closed doors?

Thanks for clarifying.

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  #13 (permalink)
 tpredictor 
North Carolina
 
Experience: Beginner
Platform: NinjaTrader, Tradestation
Trading: es
 
Posts: 644 since Nov 2011

@HinduMVP Absolutely you should be concerned about that if you have a world class strategy. I have had some bad experiences and would not put blind trust in a broker, hedge fund manager, prop firm, internet guru or author, etc. Reality is though is that many of the people who would steal your strategy, i.e. prop firms and hedge funds, already have similar strategies and are already competent. Also, unless you have a PHD and are doing some sort of arbitrage then it is not likely you will have discovered a world class strategy. If you are that PHD, you are already routing your trades through multiple brokers. It is super difficult to make strategies that perform.

On the other hand trading strategies aren't the magic touch. Also, most people will not trade strategies that work for long enough to realize the gains because most strategies that work will have various periods of underperformance.

I can almost promise you that if I gave 10 people a very profitable strategy that in a year or two at most only one or two people and very likely no one would have made any money. I, can, also almost guarantee you that if I made calls on the market that had an overall edge and high performance and gave them to a group of random people that if anyone traded them that they would lose money because the uncertainty factor is unknown. Some people would load up the boat when I had a good streak and blow out. Others would trade so small that they wouldn't make enough money to even be tangible. That's is why trading is difficult: I call it the bounding box problem.

On the other hand, sharing has a lot of value too. I don't worry because remember too, if you have discovered any consistently profitable pattern in the market then it already exist to be discovered and others will likely be trading it too.


HinduMVP View Post
Do any of y'all ever worry that these developers will leak it out and not keep it confidential? Is that a risk that comes with it? Like for instance, what if you give a developer a nice trading system, what if they use it for themselves as well behind closed doors?

Thanks for clarifying.


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  #14 (permalink)
HinduMVP
Canada
 
 
Posts: 16 since Apr 2013
Thanks: 49 given, 6 received


tpredictor View Post
@HinduMVP Absolutely you should be concerned about that if you have a world class strategy. I have had some bad experiences and would not put blind trust in a broker, hedge fund manager, prop firm, internet guru or author, etc. Reality is though is that many of the people who would steal your strategy, i.e. prop firms and hedge funds, already have similar strategies and are already competent. Also, unless you have a PHD and are doing some sort of arbitrage then it is not likely you will have discovered a world class strategy. If you are that PHD, you are already routing your trades through multiple brokers. It is super difficult to make strategies that perform.

On the other hand trading strategies aren't the magic touch. Also, most people will not trade strategies that work for long enough to realize the gains because most strategies that work will have various periods of underperformance.

I can almost promise you that if I gave 10 people a very profitable strategy that in a year or two at most only one or two people and very likely no one would have made any money. I, can, also almost guarantee you that if I made calls on the market that had an overall edge and high performance and gave them to a group of random people that if anyone traded them that they would lose money because the uncertainty factor is unknown. Some people would load up the boat when I had a good streak and blow out. Others would trade so small that they wouldn't make enough money to even be tangible. That's is why trading is difficult: I call it the bounding box problem.

On the other hand, sharing has a lot of value too. I don't worry because remember too, if you have discovered any consistently profitable pattern in the market then it already exist to be discovered and others will likely be trading it too.

Well said, thank you!

I'm planning on learning how to code just to avoid going through that. I also have some friends that are in computer science with good programming knowledge so I can even ask them questions if I have any. It's a little tough to get your mind committed to learning essentially a new language.

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  #15 (permalink)
 OGUFTrader 
New York, NY
 
Experience: Advanced
Platform: NinjaTrader, MetaStock
Broker: Interactive Brokers
Trading: ES, Forex
 
Posts: 7 since Nov 2012
Thanks: 9 given, 3 received


phantomtrader View Post
I've used James at TradingCoders | Programming for NinjaTrader, MT4, MultiCharts.NET He's very good and is not over priced. I can recommend him without hesitation.



So did I️. Highly recommend. Very professional.


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