BWT Precision Autotrader

The BWT Precision Autotrader code base is professionally written with advanced coding techniques and has many hours of live market trading and testing. Trade with confidence in real-time and real money and know that great attention and care has gone into avoiding and resolving overfills, entry and exit order errors, and other potentially dangerous automated trade scenarios – including an advanced trade workflow safety engine that avoids trade related errors. Beware of any strategy that is not written in NinjaTrader’s unmanaged mode or by programmers who have never traded live. Unfortunately, this would be all or most competing automated trading strategies compatible with NinjaTrader …Know that BWT Trading Software is written in a professional institutional grade code base, designed by a someone who has actually traded and tested our software in actual live trading.

OverFills is a serious and dangerous issue that can occur when using complex entry conditions that bracket the market in both directions end up with both entries being filled instead of one being cancelled. OverFills can also occur when you place a trade quickly hoping to close a position while a prior order to close the same position already had an in-flight execution. The exact scenarios in which an overfill can occur is highly dependent on the specific strategy programming. By default, NinjaTrader will protect against overfills by halting the strategy, but this is NOT desirable as the strategy closes all positions as a market order with slippage , and deletes the strategy from the chart. BWT code is perhaps the only autotrader that truly and correctly addresses this issue properly with our own custom routine that has not logged an overfill since BWT Precision Autotrader version 7 has been released.

Blue Wave Trading has been developing automated trading systems since 1997 and has become a premier developer of automated strategies in the retail side of the trading industry supporting NinjaTrader and Trade Station applications. Automated trading will bring all the desirable elements of a successful trader to your trading – Discipline, Structure, Daily Trading Goals, Efficiency of execution both entry and exit and much, much more.