Why the BWT Precision Autotrader is Different than Everyone Else – The Real BWT Autotrader Story From the Developer
Blue Wave Trading became the SIXTH NinjaTrader 3rd Party Add On Partner in July 2007. Now it’s called the NinjaTrader Ecosystem and has almost 400 vendors. Most were added after 2009. For a complete chronological list of the date every NinjaTrader vendor/partner came on board click here.
Blue Wave Trading was probably the first vendor to offer an automated trading strategy – The BWT Precision Autotrader, in the NinjaTrader platform 6.5. We have never abandoned our original algo and system logic, but have continued to refine and improve it’s functionality every year.
If You Only Read One Thing Here READ THIS: One key feature of the BWT Precision Autotrader is that it is Professionally Coded 100% in NT unmanaged mode by Blue Wave Trading Developers, The official NinjaTrader Documentation states:” The Unmanaged approach is reserved for VERY EXPERIENCED programmers. ….In place of the convenience layer that the Managed approach offered, the Unmanaged approach instead offers ultimate flexibility in terms of order submission and management…..
Writing code in unmanaged mode requires extra time and effort and requires a significantly higher coding skill set, that most NinjaScript Developers simply do not have… I say this with complete confidence because at one time or another over the last 8 years, I have personally worked with almost all of them!
What NinjaScript Developers Don’t Want You to Know:
One of the retail trading industry’s dirty little secrets about automated trading systems is that most trading system developers don’t really know much about actual trading environment with real money or real time data issues. Why? They are developers not traders… or worse internet marketing professionals exploiting the retail trading marketplace. The problem is compounded when vendors who have little or no experience with automated trading systems hire the same programmers, most end up cannibalising each other’s ideas. We have observed that several vendors that aggressively marketed automated systems dropped automation in favor of “signal generators” because of the extreme difficulty in getting an automated trading system to properly execute without overfills or errors.
Training & Support
1 to 1 Live Skype, Telephone, Remote Assistance, Help Desk – training & support – is provided by System Developer and trader Randy Sarrow.
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BWT NinjaTrader Automated Trading System Features
Jump to BWT Autotrader Features or scroll down for Why the BWT Precision Autotrader is Different than everyone else.