What Is The Predator?
This is an Order Entry and Management tool in the form of a strategy. It is meant to be customized by the user to make trading easier by entering and managing trades quickly according to the users needs.
There are 3 main ways to use the Predator:
Fully Automated:
⤷ Create your own strategy and let the Predator run throughout the day. Can be set up to automatically set stops to breakeven or trail your stop in a variety of ways.
⤷ Use built in Predator Indicators or 3rd party Signals from certain indicators / Strategies that print NinjaTrader Draw Objects. (Subject to proper code “TAG + CurrentBar”)
Semi Automated:
⤷ Create an Entry Method and use the Generated Chart Trader Panel buttons to control when you want to enter.
⤷ Have more control of your breakeven or trail stops if you choose to use them.
Manual Mode:
⤷ Use the Upper generated buttons on the Chart Trader Panel to manually enter a trade quickly.
⤷ Take advantage of the ‘Buy Up / Sell Down’ and Breakout options.
⤷ Buy High / Sell Low feature that will enter you at the break of the previous candle. Entry and stop lines can be adjusted to easily select your Entry and Stop.
⤷ Automatically calculate your Position QTY based on the distance between your Entry and Stop (If you enable the option).
⤷ Attach your Entry to any indicator plot on the chart