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Ninjatrader
Kinetick
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Operation

Trading

Auto Is ON

  1. If Auto is ON the trading control is of the strategy, otherwise is up to you.
  2. Even when OFF you can manage the checkboxes as Target, Stops, etc.

Close Position

  1. Close Position and turn Auto to OFF, since this is a discretionary action.

Enter Long

  1. Enter Long if Flat and turn Auto to OFF, since this is a discretionary action.
  2. ChartStops TURNS TO unchecked to avoid immediately Stop.
  3. When position is closed, ChartStops turns back to the prior value.

Enter Short

  1. Enter Short if Flat and turn Auto to OFF, since this is a discretionary action.
  2. ChartStops TURNS TO unchecked to avoid immediately Stop.
  3. When position is closed, ChartStops turns back to the prior value.

Flat(0/0)

0.00

  1. Current Position with realized / entry qty and average price.

PnL(0)

$0.00

  1. Unrealized PnL in ticks and average price.

Managing and Controlling the Position

v

Target(0)

$0.00

0.00

  1. Target in ticks, currency and Exit Point.
v

Trigger(0)

$0.00

tg/tl/fr

  1. Trailing Stop triggers in ticks, currency (profit) and trigger/trailing/frequency parameters.
v

StopLossM(0)

$0.00

0.00

  1. StopLoss in ticks, currency (loss) and Exit Point.
  2. Traditional Stop Loss but with the possibility of being repositioned during an operation (drag and drop).
v

ChartStop(0)

$0.00

0.00

  1. ChartStop(Ticks).
  2. PnL from close.
  3. Exit Point.
  4. If checked the stop (Loss or Gain) is triggered by the strategy according to Market´s Forces.
v

RiskStop(0)

$0.00=1%

$0.00

  1. RiskStop(Ticks).
  2. Curreny (Loss).
  3. Cash Value.
  4. Example (RiskStop(20) / $20.00 / 1.00%/$2000): Cash Value is $2000. Risk is 1% of that, 20 ticks or $20,00.
  5. It is possible to use a pre-defined value or the CashValue of current account via parameter 'Use this Cash Value', as detailed below.
v

TTPnL(0)

MaxP:$0

MaxL:$0

  1. TTPnL is Trading Time PnL.
  2. TTPnL is Realized + Unrealized PnL for current trading time period.
  3. TTPnL will re starts on next trading time period or by disable/enable JFTS AutoTrader.
  4. MaxP is the maximum profit for current trading time period.
  5. MaxL is the maximum loss for current trading time period.
  6. If MaxP and/or MaxL are equal 0, they are ignored, even if checked.
  7. This allows to set, for example, Max Loss ($200) and ignore Max Profit ($0).
  8. When MaxP or MaxL is reached, JFTSAutoTrader stops trading.

Parameters

1.JFTSMain

Run Historical

  1. Leave it unchecked for live trading, checked for backtest and optimizations.
'

StartTrading

  1. Local Time to StartTrading.
  2. To trade for 24h, set StartTrading = EndTrading, such as StartTrading = 00:00 and EndTrading = 00:00.

EndTrading

  1. Local Time to EndTrading.
  2. To trade for 24h, set StartTrading = EndTrading, such as StartTrading = 00:00 and EndTrading = 00:00.

2.JFTSAccountMngmt

AccountRiskStarts

  1. Account Risk Stop Starts checked(true) or unchecked(false).
  2. You can change it at any time. Recommended to always starts checked.

AccountRiskPercent

  1. Percent of Cash Value in Risk such as 1%, 2%, etc.

Use This Cash Value

  1. Capital at risk.
  2. Leave this value equal zero to use the account value, or set your desired value.
  3. Note that, once an operation is performed, those values will be updated.
  4. For example, if the starting value is $ 1000.00 and risk is 1%,
  5. the Stop will occur when the loss reaches $ 10.00.
  6. If a trade generates a profit of $ 100, the capital will change to $ 1100.00 so
  7. the risk will be updated to $ 11.00 ($ 1000 + $ 100) * 1%.
  8. You can use this Stop as another conventional Stop Loss.
  9. For example, imagine that you want a RiskStop = $ 30.00.
  10. Set AccountRiskPercent = 1% and UseThisCashValue = 30 / 0.01, that is, $ 3000.00.
  11. The difference with the conventional StopLoss is that, as your PnL changes,
  12. the values of the Capital and the Risk also changes.
  13. In practical terms this is irrelevant, unless there is a very significant increase
  14. in profit or loss, which means that perhaps for today is the time to stop.

EntryQty

  1. User defined order size.

3.JFTSStopTarget

TargetStarts

  1. Target starts checked (true) or unchecked (false). You can change it at any time.

Target(Ticks)

  1. Target in ticks

StopLoss(Mobile) Starts

  1. Stop Loss checked (true) or unchecked (false). You can change it at any time.

StopLoss(Mobile)(Ticks)

  1. Traditional Stop Loss but with the possibility of being repositioned during an operation (drag and drop).
  2. Once the position is closed it returns to its predefined value.

ChartStopStarts

  1. Chart Stop Starts checked (true) or unchecked (false). You can change it at any time.

4.JFTSTrailingStop

Trailing Stop Starts

  1. Trailing Stop Starts checked (true) or unchecked (false). You can change it at any time.

Trigger(Ticks)

  1. Starts trailing when reached.

Trailing(Ticks)

  1. Trailing ticks.

Frequency(Ticks)

  1. Update Trailing Stop.

5.JFTSMaxPnL

MaxPnLStarts

  1. If PnL is reached during trading time, close position and stop trading.

MaxProfit$

  1. Max Profit in $ during trading time.

MaxLoss$

  1. Max Loss in $ during trading time.

Note that:

  1. If 'Auto is OFF', all functionalities depend on manual actions, except those that are in a checked state.
  2. If a position is closed via 'Close Position', JFTSAutorTrader switches to 'Auto is OFF' mode automatically.
  3. The Enter Long / Enter Short buttons will send orders only if the position is Flat, otherwise they will be ignored.
  4. If the position is Long / Short, if the status is 'Auto is OFF' and is passed to 'Auto is ON',.
  5. ChartStop, RiskStop,Target, etc can close the position immediately, if they are in a checked state.

JFTS AutoTrader is a nice tool for auto and discretionary trading

Risk Disclosure:

Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment.

Risk capital is money that can be lost without jeopardizing ones’ financial security or life style.

Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical Performance Disclosure:

Hypothetical performance results have many inherent limitations, some of which are described below.

No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.

In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program.

One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight.

In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading.

For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results.

There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.