NinjaTrader is a developer of trading software for the active trader – a complete end to end trading platform catering to discretionary and automated traders of futures, equities and forex markets. The software is available at over 100 brokerage firms worldwide.
The NinjaTrader stock analysis tool is available to assist an investor with online stock trading, advanced charting, system development, technical analysis and trade simulations. Not only does the platform support many different brokers, but also several different assets, including stocks, options, futures, Exchange Traded Funds, and Forex. The major advantage of having a broker independent software is that the user never has to relearn a platform if the broker changes.
Denver, CO based NinjaTrader was founded in 2003 by Raymond Deux, an active futures trader. In 2005 NinjaTrader acquired TradeMagic, the developer of an advanced .NET trading framework, which served as the foundation for growth into trading system development and automated trading. NinjaTrader version 6 was released in 2007 which included full trading system development via NinjaScript, chart based trading and real time multi-instrument scanning.
One disadvantage of NinjaTrader is that it is not as powerful as the top end systems available and also still requires a good understanding of the markets to operate. In our opinion it is a case of you get what you pay for and whilst an effective, functioning tool – NinjaTrader is pretty ‘middle of the road.’