Affordable Indicators, Inc.

NinjaTrader FAQ

Overview

NinjaTrader is a trading software platform and futures brokerage, ranked as one of the top futures and forex trading platforms. They offer an award-winning trading platform with low commissions, free charting tools and a completely customizable NinjaScript coding software.

NinjaTrader is completely free to download. Get free access to advanced charting, market analysis and trade simulation. You do not need a funded account to trade on simulation. For advanced order types, automated trading, and back testing capabilities, you will need to purchase or lease the software.

NinjaTrader can be good for beginners that want free SIM trading. If you are interested in coding and customizing indicators, NinjaTrader is a perfect fit for you! Read more on the topic in our extensive Is NinjaTrader Good for Beginners? article.

NinjaTrader is one of the best brokers for futures and forex trading based on a Benzinga.com review. NinjaTrader’s low fees, free trading tools and strong community are big advantages to any trader.

Simulation trading on NinjaTrader is completely free. For live trading the minimum deposit to open an account is $400.

Even though both NinjaTrader and TradeStation have their individual pros and cons, NinjaTrader offers highly customizable indicators and strategies. Possibilities for platform customization are almost limitless thanks to freedom of development in the commonly used Microsoft C# programming language.

To find the latest version number for NinjaTrader can be found in the release notes on their website.

Data Feed

For real-time market data you will need to pay and enable market data for your account. There are several market data types to choose from, starting at $12/month.

Performance

There are many performance tips to speed up your NinjaTrader platform.

  1. Close all unneeded workspaces.
  2. Close all unneeded Charts, SuperDOMs and Market Analyzers.
  3. Make sure all indicators have a calculation mode set to “On price change” or “On bar close.”
  4. Remove all unneeded indicators from Charts, Market Analyzers, and SuperDOMs.
  5. Reduce the number of “Days to Load” on Charts and Market Analyzer columns.

You can clear your cache with the following steps:

  1. Close down NinjaTrader
  2. Open Documents > NinjaTrader 8 > db folder
  3. Delete folder titled “cache”
  4. Reopen NinjaTrader
Trading

There are several order types allowing you to buy and sell on NinjaTrader. A few of these order types include:

MKT (Market Orders) – Order buys/sells market price.

Ask/Bid – Order places a buy/sell limit order at the ask or bid price.

MIT (Market If Touched Orders) – Order buys/sells market once a specific level is touched.

We offer several upgrade opportunities to the NinjaTrader chart trader.

Yes, you can paper trade on NinjaTrader, and its completely free! Get free access to advanced charting, market analysis and trade simulation.

To start SIM trading, change your selected account on your Chart Trader to “SIM101” or other SIM account. You can open the NinjaTrader chart trader by selecting the “Chart Trader” icon on the chart header. If you want to change all charts to SIM trading, you can go to the Control Center > Tools > Select “Global Simulation Mode.”

Yes, you can trade stocks on NinjaTrader. NinjaTrader Brokerage only allows futures trading, but you can connect other brokerages that allow for stock trading.

Trading automation can be done through writing NinjaScript. We offer semi automation through our enhanced chart trader or fully automated through our custom strategies.

Charts

You can add an indicator to your chart by following these steps:

Right click chart > Select “Indicators…” > Choose an indicator, double click > hit “OK”.

To add an instrument to NinjaTrader, open the NinjaTrader Control Center > Select Tools > Instruments > Select the Instrument to add > “add” > Fill in symbol mapping input based on exchange data > click “OK”.

You can change an indicator on your chart by following these steps: Right click chart > Select “Indicators…” > Select the indicator you want to remove > hit “remove” > Choose the indicator you want to add, double click > hit “OK”.

The NinjaTrader default chart trader is free to use even without a funded account. If you are interested in adding more features to your chart trader check out our upgraded products!

You can open the NinjaTrader chart trader by selecting the “Chart Trader” icon on the chart header. A sidebar will appear with several ways to place trades.

MKT (Market Orders) – Order buys/sells market price.
Ask/Bid – Order places a buy/sell limit order at the ask or bid price.
Rev (Reverse)- Closes current trade and takes a trade in the opposite direction.

Close – Closes out of all trades.

We offer several upgrade opportunities to the NinjaTrader chart trader.

A NinjaTrader instrument is a tradeable symbol such as individual stocks, futures or forex markets.

Order Flow

Yes, NinjaTrader order flow is available with NinjaTrader Order Flow +.  This requires the purchase of the lifetime license of NinjaTrader. Read our extensive article about NinjaTrader Order Flow here.

If you are interested in more Order Flow solutions check out our Impact Order Flow System!

NinjaTrader Logo

Chart Trader

The Enhanced Chart Trader makes it easy to manage trades in a Chart window by solving many common challenges.

Order Flow

The Impact Order Flow analyzes tick data to create a dynamic display of detail that truly impacts trading decisions.

Indicators

We build the best NinjaTrader indicators with years of experience in trading futures and understanding what traders need.

Customer Reviews

I’ve used dozens of different indicators over the years and the ones I’ve gotten from Affordable Indicators are by far my favorite. They’re reliable, they are not resource heavy and, when I have a question, the support is responsive and helpful. Highly recommended!

Brent S.

Futures Trader

Contact Our Team

We would love to hear from you! The best way to reach us is using the circular help button in the bottom right corner of this page.

WANT 10% OFF?

Are you ready to take NinjaTrader to the next level? Enter your email and get 10% off your first purchase!