Reversal Strategy

1. Reversal strategy Introduction

Welcome to the ultimate guide for implementing and maximizing the potential of the Reversal Strategy in NinjaTrader.

Crafted with user-friendly design in focus, the Reversal Strategy offers a simplified setup process, minimizing the need for extensive configuration. With biweekly template updates, following our guide ensures seamless integration into strategy testing.

By adhering to the steps outlined in this documentation, you'll develop a thorough understanding of effectively executing and evaluating the strategy, laying the groundwork for successful trading outcomes.

This guide provides a comprehensive walkthrough for setting up and utilizing the Reversal Strategy in NinjaTrader.

<aside> 📢 We strongly advise thorough testing of the strategy in simulated trading environments before venturing into live trading.

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2. Reversal Strategy Installation:

Reversal Strategy with all the templates can be imported from the NinjaTrader Control Center using the following steps:

  1. Download Reversal strategy: Begin by downloading the Reversal strategy from our website. Make sure to save the file in a location that is easily accessible.
  2. Import the strategy: Open the NinjaTrader Control Center and navigate to the menu **Tools > Import > NinjaScript Add-On...**. This will open the "Import" dialog window. Select the downloaded Reversal strategy file and click the "Import" button to import it into NinjaTrader.
  3. Confirm import messages: During the import process, you may encounter multiple confirmation messages. It is important to click "Confirm" for each message to replace any existing templates or files related to the strategy with the new ones.
  4. Restart NinjaTrader: After successfully importing the Reversal strategy, it is recommended to restart NinjaTrader to ensure that you are running the latest version of the code.

<aside> 💡 During the import process, you may encounter multiple confirmation messages. Click "Confirm" for each message to replace existing templates or files related to the strategy with new ones.

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<aside> 📢 Note: You should always restart NinjaTrader after installing an update to ensure you are running the most recent code.

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3. Strategy setup

To successfully set up the Reversal strategy, it is important to perform the necessary steps from the control center, as it requires the utilization of a special trading hours template. Follow the comprehensive setup guide provided below to ensure a smooth implementation of the Reversal strategy.

3.1 Figuring out how many SIM accounts I need to test the strategy

To start, first open the .zip folder of the strategy you just downloaded. Then, check how many templates sets you have by opening it.