NINJA
TRADER

NinjaTrader 8 is a professional trading platform that offers advanced charting tools and various

trading functionalities. The latest version (8.1) has a more complex installation process, so follow this guide carefully to set it up step by step.

NINJA TRADER

Downloading and Creating a NinjaTrader 8 Account

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Go to the official NinjaTrader website and create an account.

Do not sign up using Google or Apple accounts; use an email address instead.

After signing up, check your email for a verification request and click Confirm Email Address to verify

Create a username and password, then click the Create User button.

If you have previously used a free data trial on NinjaTrader’s website, use a new email address to sign up.

Do not click on the Open Account button, as this is for U.S. residents opening a brokerage account.

⚠ Important Notes:

Entering the License Key & Downloading the Program

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After registration, click Additional Options.

Select Import License Key, then enter the provided license key.

Ensure there are no spaces when entering the key.

Click Back to return to the previous screen and then click Download to get the latest version.

Installation Process

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Run the downloaded .exe installation file to start the setup wizard.

Read and accept the license agreement, then click Next

Choose the installation path and click Install to proceed.

Once the installation is complete, click the NinjaTrader icon on your desktop to launch the program.

Logging in and Initial Setup

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When launching the program for the first time, enter your username and password created during account registration.

Go to Tools > Options and enable the Multi-Provider option, then click OK.

Close and restart NinjaTrader to apply the changes.

Connecting Your Trading Account

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Click Connections > Configure.

Find NinjaTrader in the list and double-click to add it

Enter your Tradovate username and password.

Click Apply > OK to save the settings.

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Connecting a Rithmic Account

Click Connections > Configure, then double-click Rithmic for NinjaTrader Brokerage to add it

Enter your Rithmic username and password, and select APEX in the System field.

Click Apply > OK to save the settings.

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Configuring Market Data & Starting Trading

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Go to Tools > Options > Market Data.

In Preferred Connections, set Historical Data and Real-Time Data for Futures to NinjaTrader.

After completing the setup, add your desired financial instruments and start trading.

How to use ninja trader

NinjaTrader 8 is a powerful trading platform widely used among futures traders. It provides advanced tools and automation features to analyze the market effectively and execute trades efficiently. This guide covers the essential functionalities of NinjaTrader 8, including installation, market analysis, order execution, and Advanced Trade Management (ATM) strategies.

1 Adding Trading Instruments

Adding Instruments to Market Watch

Click 'Tools' > 'Instrument Lists'.
Select 'Futures' or 'Forex' category.
Click 'Add', enter the instrument symbol (e.g., ES - S&P 500 E-mini), and save.

Quick Access Trading via SuperDOM

Open 'New' > 'SuperDOM' to access the SuperDOM window.
Select an instrument from the dropdown menu to display real-time market data.

2 Charting and Technical Analysis

Creating and Customizing Charts

Select 'New' > 'Chart'.
Choose an instrument, set the timeframe and chart type (candlestick, bar chart, etc.).
Click 'OK' to load the chart.

Adding Technical Indicators

Right-click on the chart and select 'Indicators'.
Choose basic indicators such as Moving Average, RSI, MACD.
Click 'Apply' to add them to the chart.

3 Executing Orders in NinjaTrader 8

Executing Orders via the Order Window

Open 'New' > 'Order Ticket' to access the order window.
Select an instrument and choose from the following order types:
Market Order: Executes immediately at the current market price.
Limit Order: Executes only when a specified price is reached.
Stop Order: Converts to a market order when the specified price is reached.
Stop Limit Order: Converts to a limit order when the specified price is reached.
Buy Ask: Places a buy order at the current ask price.
Buy Bid: Places a buy order at the current bid price.
Sell Ask: Places a sell order at the current ask price.
Sell Bid: Places a sell order at the current bid price.
Reverse Position (Rev): Instantly reverses the current position.
Close Position (Close): Closes all active positions immediately.

Quick Order Execution via SuperDOM

Open 'New' > 'SuperDOM' to access the order entry window.
Click on the desired price level to place an order.
The left side represents buy orders (Bid), and the right side represents sell orders (Ask).
Utilize the Buy Mkt and Sell Mkt buttons for immediate order execution at market price.
Use the Buy Ask/Sell Ask or Buy Bid/Sell Bid buttons to enter orders at specified levels.

Using Chart Trader

Right-click on the chart and select 'Trading' > 'New Order'.
Click on the entry and exit buttons directly on the chart.
Drag and adjust stop-loss and take-profit levels directly on the chart.

Utilizing Keyboard Shortcuts

'F9': Opens the order window quickly.
'Ctrl+M': Opens Market Watch, allowing order execution via double-clicking the instrument name.

4 Advanced Trade Management (ATM) Strategies

What is an ATM Strategy?

ATM strategies automatically apply pre-set stop-loss and profit targets.
Helps manage risk effectively through automated trade management.

Setting Up an ATM Strategy

Open SuperDOM or Chart Trader.
Select 'ATM Strategy' from the dropdown menu.
Click 'Custom' to create a new strategy.
Configure the following parameters:
- Stop-loss: Example – 10 ticks below the entry price.
- Profit target: Example – 20 ticks above the entry price.
- Auto Breakeven: Moves stop-loss to breakeven after reaching a certain profit level.
- Trailing Stop: Automatically adjusts stop-loss as the price moves favorably.
Click 'OK' to save the strategy.

Activating and Executing an ATM Strategy

Select the desired ATM strategy when placing an order to automatically apply stop-loss and profit targets.

5 Backtesting and Strategy Automation

Running a Backtest

Select 'New' > 'Strategy Analyzer'.
Choose a trading strategy and apply historical data.
Execute the backtest and review results.

Automating Trading Strategies

Use Strategy Builder to create custom automated strategies.
Define entry/exit conditions and risk parameters.
Execute in Live Trading or Simulated Trading Mode.

Now, you’re ready to trade using NinjaTrader 8.
Take advantage of its advanced tools and features for an
efficient and enhanced trading experience!