Quick 'How To' - Practicing with Sceeto in NinjaTrader

A great tool in NinjaTrader [ NT ] is its ability to Replay data with Sceeto signals. This can help you "train your eye" to look for Trade Flow Rotation and Bot-Battle clusters without risk or injury to you !

This Quick Tip assumes you have a brokerage account, a live feed of data, and are already a Sceeto subscriber.

1. For a quick review of how to use the NinjaTrader Market Replay Feature, go to this video link and start at the 5:50 min point.

http://www.youtube.com/watch?v=yVteKZJlQ9s&list=PL4D56536A44DD7105&index=13&feature=plpp_video

2. In NT Control Center, go to File, Utilities, Download Replay Data. Select the desired instrument [ like, ES - date/stamp] and the date of the trading day, from the NAME and DATE fields. Click OK. Look in the lower-right tool bar to ensure that the download completes.

2a. TIP - I use multiple instruments when I practice with Sceeto, so I download the TF, ES and EZ data. In that way, when I replay the day with Sceeto, I can see the interaction of all the instruments in separate charts, as the Bots battle for dominance in simulated 'real-time'.

3. Go to File, Connect, Market Replay Connection. The "Replay" box will appear. You can now 'play' the day's activity, and speed-up or slow-down the action.

*****   Opinion Item:   ******

I have concluded from practicing in this way that Bots do not care about the passage of time, like humans do. They don't get tired, nervous, or have their palms sweat over the duration of a trade. Practicing in this manner has helped me to gain patience as competing Bot players strive for dominance and I am forced to wait and see how my trade plays out.

As Neo was taught in the Matrix:    "There is no spoon."