The MicroTrends NinjaTrader Framework V7.0.0.24 undergoing a pre-release testing in the picture trading Forex with the NinjaTrader Slow Stochastics Mean Reversion Strategy with directional bias Trading Strategy on a 10Min GPBUSD chart, displaying 30days historical trades, with no filtering. With the latest version you can visualise the Stochastics extremes and see the correlated trades. This current parameter set waits for the extreme combined with a CCI threshold, the trade entry is a close above/below the set-up candle close. You can see the ATR Trailing Stop – graphical pink dots. This is one of the many standard features of the MicroTrends NinjaTrader Framework – which if you did not know is 100% free for test and simulation.

You can see in the performance stats that the system model is one which looses more than 40% of the time, a positive risk reward of around 1:3.5 allows the strategy to post some viable results.

V7.0.0.24 is due for release for 24th November 2010. It will automatically download to your PC if you have version 7.0.0.23 installed.

This chart was created by NinjaTrader. NinjaTrader is a FREE application for advanced charting, market analytics, automated strategy development and trade simulation. Download it now at www.ninjatrader.com