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BWT Precision Autotrader

BWT Precision AutoTrader for NT8

BWT Precision Autotrader Features

Blue Wave Trading first offered automation 16 years ago and we are still here, serving many happy traders. The BWT Precision Autotrader for NinjaTrader 8 is a state of the art trading tool that automates the most used tasks in manual trading using a proven volatility based algorithm and allows for addition rules such as Open Range Break, Trendline Break, Breakout Box and more.

Let us help you Get Funded with our proven methodology, templates and settings provided! Also coming soon BWT Discord channel and community.  Go here to Buy Now


Click Playlist to See List of ALL BWT Automated Trading and Indicator Videos.

BWT PRECISION AUTOTRADER NT8 Algorithmic Trading for NinjaTrader FEATURES

BWT PRECISION AUTOTRADER FEATURES – All FUNCTIONALITY BELOW IS 100% AUTOMATED

BWT PRECISION AUTOTRADER
Algorithmic Trading for NinjaTrader FEATURES

TRADE MANAGEMENT: Keep Profits and minimize losses

  • NO OVERFILLS – A dangerous Condition caused by low level programming that may cause an order to be filled because other orders were not confirmed to be cancelled or other conditions in fast markets.
  • BWT Trade Manager –  Allows 1 button click to move or trail stops, drag stops, close positions enter OCO order, Move to  Breakeven and more
  • Trail Stops by Bars, Ticks, Profit Percent, or Volatility Stop
  • Unique Trail Stop Reset – Reset up to 3 levels of Trail Stops to reduce risk and lock in profit
  • Change ANY Parameter in our Config Panel no searching for parameters
  • Mix and Match Trail Stops – Start with trail Stop by ticks
    change to trail by bars, ATR or Percentage of Profit at desired profit level

Operation Modes

  • 100% Automated Trading Mode – Fully Automated Entry, Exit and Money Management, Profit Targets Trail Stops and Daily Goals
  • Manual Entry Mode with Automated Money Management, Profit Targets and Trail Stops  and Daily Goals
  • Long or Short Only Mode – Automatic Signal Execution one direction + automatic trade management
  • Realtime Combination of Manual & Automatic entry + automatic trade management
  • Realtime interaction and control of automatic trade management

ENTRY Modules

  • BWT Precision Trend Algorithm
    Our Original Universal Volatility Based Algorithm Trades any Market, Bartype or Time Frame
  • BWT Line Break Algorithm
    A Custom Algo Designed to effectively Trade Line Break Charts
  • BWT Breakout Box
    Draw a Zone on any chart  to enter a position only if price enters and exits the “zone” can be long or short only or both.

ENTRY MANAGEMENT

  • True Entry by Stop, Limit or Market order, Add Ticks for pullback entry with Limit Orders
  • Enter at High, Low or Close of a bar with Limit or Stop Order
  • Offset entry by Ticks – i.e. Buy Stop Bar High + 1 ticks, Buy Limit Close –  1 or more Ticks
  • Require Entry to be above or below High or Low of x bars ago i.e. Range or Consolidation Breakout

 TRADE FILTER – ENTRY

  • Open Range Breakout Filter (ORB) – Trades Long Only if Above Session Open, Trade short Only if below. Option to set a No Trade Zone (NTZ) x ticks above or below open. This filter is simple but is extremely reliable works very well in several situations and avoids small whipsaw pullbacks when the market moves big in one direction.
  • Filter by BWT Precision Trend
  • Filter entry by Higher Time Frame (aka  HTF, Anchor Chart) Small and Large Time Frame must be in agreement to enter a trade.
  • Filter by highest high or lowest low of x bars ago, and add (offset) ticks to the entry price, i.e. Buy at the Highest High of 5 bars ago plus 3 ticks.
  • BWT MA Filter Set – filter by any of four different moving averages,

Professional Programming

  • Advanced Skillset Required for Professional NinjaTrader Unmanaged mode
  • Complex events processing Trade Workflow to prevent order related errors – Again the importance of attention to Detail in this area is extremely Complex and beyond the skill level of your “typical” programmer for hire
  • Custom Runtime Application – proper handling of order rejections, connection loss and error monitoring

TRADE FILTER – EXIT

  • Unique BWT Parabolic Exit
  • Also see Money Management Trail Stops
  • Exit Time can be varied

Developed in NinjaTrader Professional Mode for unrivaled features, reliability and execution speed

The BWT Precision Autotrader code base is professionally written with advanced coding techniques and has many of hours of live market trading and testing. Trade with confidence in real time and real money and know that great attention and care has gone into avoiding and resolving overfills, entry and exit order errors and other potentially dangerous automated trade scenarios – including an advanced trade workflow safety engine that avoids trade related errors. Beware of any strategy that is not written in NinjaTrader’s unmanaged mode or by programmers who have never traded live. Unfortunately, this would be all or most competing autotraders in the NinjaTrade Ecosystem…Know that BWT Trading Software is written in a professional institutional grade code base, designed by a someone who has actually traded and tested in live trading.

  • Stocks & Commodities Reader Choice Awards – automated trading system for NinjaTrader

NinjaTrader BWT Precision Autotrader Pricing & Purchasing


BWT Credentials – 1st 3rd Party Automated Trading System offered in NinjaTrader in 2007

The original BWT Indicator set was called  Blue Wave Trading Precision Indicators and MTS  “Manual Trading System” Software . This trend following and reversal indicator used in the BWT Precision AutoTrader was an original concept and was the first suite of Indicators of it’s kind offered on the NinjaTrader Platform in 2007, see the NinjaTrader Original Press Release  .



 Trading Disclaimer

    NOTE: There are no guarantees of performance or profits. While the system is capable of trading many different time frames, trading on too small of a time frame, may not be suitable as the speed of price and bar formation could cause conflicts, especially in volitile markets. It is not necessary to trade a time frame where there are hundreds of trading opportunities. See Below for additional risk and suitability disclosure.

U.S. Government Required Disclaimer

Commodity Futures Trading Commission.*Futures, options, and spot currency trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

Futures 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 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 in 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 of which can adversely affect actual trading results.


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  • Automated Trading, Blue Wave Trading Automated Trading Software for NinjaTrader Great Day March 16, 2016
  • BWT Precision Autotrader Client Testimonial Dec. 1 , 2015
  • Blue Wave Trading Systems Overview

FULL RISK DISCLOSURE The following statement is furnished pursuant to Commodity Futures Trading Commission (“CFTC”) Regulation 1.55(c).This brief statement does not disclose all of the risks and other significant aspects of trading in futures, forex and options. In light of the risks, you should undertake such transactions only if you understand the nature of the contracts (and contractual relationships) into which you are entering and the extent of your exposure to risk. Trading in futures, forex and options is not suitable for many members of the public. You should carefully consider whether trading is appropriate for you in light of your experience, objectives, financial resources and other relevant circumstances. The risk of loss in trading commodity futures contracts and foreign currency can be substantial. You should, therefore, carefully consider whether such trading is suitable for you in light of your circumstances and financial resources. You should be aware of the following points: You may sustain a total loss of the funds that you deposit with your broker to establish or maintain a position in the commodity futures market or foreign exchange market, and you may incur losses beyond these amounts. If the market moves against your position, you may be called upon by your broker to deposit a substantial amount of additional margin funds, on short notice, in order to maintain your position. If you do not provide the required funds within the time required by your broker, your position may be liquidated at a loss, and you will be liable for any resulting deficit in your account. The funds you deposit with a futures commission merchant for trading futures and forex positions are not protected by insurance in the event of the bankruptcy or insolvency of the futures commission merchant, or in the event your funds are misappropriated. The funds you deposit with a futures commission merchant for trading futures or forex positions are not protected by the Securities Investor Protection Corporation even if the futures commission merchant is registered with the Securities and Exchange Commission as a broker or dealer. The funds you deposit with a futures commission merchant are generally not guaranteed or insured by a derivatives clearing organization in the event of the bankruptcy or insolvency of the futures commission merchant, or if the futures commission merchant is otherwise unable to refund your funds. Certain derivatives clearing organizations, however, may have programs that provide limited insurance to customers. You should inquire of your futures commission merchant whether your funds will be insured by a derivatives clearing organization and you should understand the benefits and limitations of such insurance programs. The funds you deposit with a futures commission merchant are not held by the futures commission merchant in a separate account for your individual benefit. Futures commission merchants commingle the funds received from customers in one or more accounts and you may be exposed to losses incurred by other customers if the futures commission merchant does not have sufficient capital to cover such other customers’ trading losses. The funds you deposit with a futures commission merchant may be invested by the futures commission merchant in certain types of financial instruments that have been approved by the Commission for the purpose of such investments. Permitted investments are listed in Commission Regulation 1.25 and include: U.S. government securities; municipal securities; money market mutual funds; and certain corporate notes and bonds. The futures commission merchant may retain the interest and other earnings realized from its investment of customer funds. You should be familiar with the types of financial instruments that a futures commission merchant may invest customer funds in. Futures commission merchants are permitted to deposit customer funds with affiliated entities, such as affiliated banks, securities brokers or dealers, or foreign brokers. You should inquire as to whether your futures commission merchant deposits funds with affiliates and assess whether such deposits by the futures commission merchant with its affiliates increases the risks to your funds. You should consult your futures commission merchant concerning the nature of the protections available to safeguard funds or property deposited for your account. Under certain market conditions, you may find it difficult or impossible to liquidate a position. This can occur, for example, when the market reaches a daily price fluctuation limit (“limit move”). All futures, forex and options positions involve risk, and a “spread” position may not be less risky than an outright “long” or “short” position. The high degree of leverage (gearing) that is often obtainable in futures and forex trading because of the small margin requirements can work against you as well as for you. Leverage (gearing) can lead to large losses as well as gains. In addition to the risks noted in the paragraphs enumerated above, you should be familiar with the futures commission merchant you select to entrust your funds for trading futures positions. As of July 12, 2014, the Commodity Futures Trading Commission requires each futures commission merchant to make publicly available on its Web site firm specific disclosures and financial information to assist you with your assessment and selection of a futures commission merchant. Information regarding this futures commission merchant may be obtained by visiting the websites of the respective FCM partner of NinjaTrader Brokerage: Dorman Trading (www.dormantrading.com), Phillip Capital (www.phillipcapital.com), FXCM (www.fxcm.com)ALL OF THE POINTS NOTED ABOVE APPLY TO ALL FUTURES AND FOREX TRADING WHETHER FOREIGN OR DOMESTIC. IN ADDITION, IF YOU ARE CONTEMPLATING TRADING FOREIGN FUTURES OR OPTIONS CONTRACTS, YOU SHOULD BE AWARE OF THE FOLLOWING ADDITIONAL RISKS: Foreign futures transactions involve executing and clearing trades on a foreign exchange. This is the case even if the foreign exchange is formally “linked” to a domestic exchange, whereby a trade executed on one exchange liquidates or establishes a position on the other exchange. No domestic organization regulates the activities of a foreign exchange, including the execution, delivery, and clearing of transactions on such an exchange, and no domestic regulator has the power to compel enforcement of the rules of the foreign exchange or the laws of the foreign country. Moreover, such laws or regulations will vary depending on the foreign country in which the transaction occurs. For these reasons, customers who trade on foreign exchanges may not be afforded certain of the protections which apply to domestic transactions, including the right to use domestic alternative dispute resolution procedures. In particular, funds received from customers to margin foreign futures transactions may not be provided the same protections as funds received to margin futures transactions on domestic exchanges. Before you trade, you should familiarize yourself with the foreign rules which will apply to your particular transaction. Finally, you should be aware that the price of any foreign futures or option contract and, therefore, the potential profit and loss resulting therefrom, may be affected by any fluctuation in the foreign exchange rate between the time the order is placed and the foreign futures contract is liquidated or the foreign option contract is liquidated or exercised. THIS BRIEF STATEMENT CANNOT, OF COURSE, DISCLOSE ALL THE RISKS AND OTHER ASPECTS OF THE COMMODITY AND FOREIGN CURRENCY MARKETS.Copyright © 2023 • [footer_backtotop text="Blue Wave Trading" href="http://bluewavetrading.com/"] • All Rights Reserved