NanoTrader of Fipertec provides opportunities for manual, half- and fully automated trading.
With today's article I would like to continue my comprehensive review of NanoTrader Fipertec and the trading-related functions (see bullet 4. Trading) the software report.
Basically, it should be noted, that also in this area of dealing with the most NanoTrader selbsterklärund and is relatively easy.
With the NanoTrader is a manual, half- possible and fully automated trading.
- Manual Trading
When NanoTrader There are many opportunities, to manually open positions or to close them again. The focus of the manual trading are particularly Speed Trader and ChartTrader.
Figure 2: SpeedTrader and ChartTrader
Both the Speed Trader and the ChartTrader are aligned on the visual trading. With both tools, orders placed by clicking, be closed or turned. In contrast to ChartTrader is the Speed Trader supported by the market depth. By simply clicking on the Bid- or Ask size, different types of orders to be addressed.
Figure 3: Confirmation window on task order
Thus supports the NanoTrader nine types of orders. These included: Market, Limit, Stop, Stopp Limit, Synthetic stop, Synthetischer Stopp Limit, Market if touched, Synthetischer Market if touched, Market by Study. When ChartTrader placing the order is also induced by mouse click. But, the historical price performance as further information source is available. The Bid- and Ask Size can also as Histogram be illustrated.
- Semi-Automatic Trading
In semi automatic trading, the position is opened manually, but it is closed automatically. The NanoTrader Here one uses TradeWizzards.
Figure 4: TradeWizzard
The TradeWizzard is small in the NanoTrader integrated tool, in particular, helps the novice user, Bracket Orders to implement in your trading. Basically, bracket orders however can also be manually. In addition, multiple Brackets constructed with an infinite number of stops and profit targets are. The resulting orders from the brackets can be changed at will during the Trades. In this context, is enjoying another tool of NanoTrader popular. With the help of Tactics, Tools individual stops and profit targets can be managed with a single click.
Figure 5: Bracket orders and tactics
The selection menu for the Tactics is NanoTrader for each stop- and target-Order Available. In addition, the menu selection at will designable and can be customized according to your wishes and the own style of trading. For example, there may. Trailing Stopps, BreakEvenStopps, Profit targets, usw. be implemented. A sliding bracket orders using a mouse is NanoTrader then also be possible. If one of the bracket-filled or partially executed orders, the other order is automatically deleted or. adapted. This technique is also used as OCO-Order designated („One cancels other”).
A position held, The bracket is secured by an order, will Orderbook represented as follows.
Figure 6: Orderbook
Accordingly, the stop remains- and limit orders in the orderbook as long NanoTrader contain, to achieve either the target or the stop. At the same moment, if one of these orders will be executed, the remaining orders on the principle OCO deleted.
- Fully Automated Trading
This fully automated trading, the position of the NanoTrader closed not only automatically, but will also be opened automatically. The entry signals are the Metasentimentor generated. The MetaSentimentor in turn by other Sentimentors, as z. B. RSI, Aroon, MACD usw., determined. A Weighting the individual is also possible Sentimentors. Examples The following indicators could automatic constellation strategy NanoTrader depict:
Figure 7: designer bar and indicators
The section "Trading” first defines the areas, in the Metasentimentor for A- and exit are determined. This is the MetaSentimentor between 0 and 100 defined. Im des Metasentimentor NanoTrader even the first can Degree of smoothing sowie des Metasentimentors day Weighting the individual indicators are set, Before then, the individual sentiments are listed with the corresponding parameters. Often the MetaSentimentor of NanoTrader used only for entry signals. Exit signals are then appropriate Stop strategies, as z. B. a Trailing Stop, set.
In addition to the sentiments are also Filter in the NanoTrader be used. Filters are used to, to limit the number of signals MetaSentimentor. You can on the one hand entry- or exit signals relate. On the other hand, they can Long- Short or limit signals and cease its execution. In addition to the study-based filtering provides the NanoTrader also time-based filters, relating to certain periods, where no new positions will be entered into or where you want to omit the whole trade.
Figure 8: designer bar and filter
For example, therefore divides. An exponential moving average purchase- and retail areas on, in which either only purchase- or just sell signals are carried. In addition, two could time-based filters once during the lunch break or any other entry signals allow. trade by 17.30 Clock prohibit all.
The use of Tactics is NanoTrader still possible, when Stoppstrategien be used, so that the user can always manually intervene in a position.
Visually, the automatic trading with the NanoTrader, as follows, be shown:
Figure 9: auto trading with indicators and filters
The red or. green marked area in the main chart is the result of EMA-Filters. Accordingly, in the red zone, only a short- and will be engaged in the green zone without a long position. As Sub-Charts the already mentioned Sentimentors and filter of NanoTrader mapped.
Review und Fazit Part 3 /3 – here…
NanoTrader | Continuation Review – Part 2,