Why platform does this bot work on?
It is coded to work strictly on NinjaTrader.
Does this work with prop firms?
I actually do not know. I have been a trader for over a decade now and I have never used a prop firm before so I am not familiar with the mechanics of it. But this bot is coded to work on NinjaTrader and according to Google’s Gemini and ChatGPT, NinjaTrader works with prop firms.
Why am I only selling a limited amount of copies?
This is to protect the buyers. When too many people use the same exact bot, the underlying strategy will potentially fail. Imagine 2,000 people deploying the same bot at the same time and an average of 50 MNQ contracts are being traded each time the bot makes a move. That’s a quarter million contract order being placed/executed instantly each time. This will create huge walls at profit take levels and huge spikes during stop market orders. By selling a limited amount of copies, selling a limited amount of copies, we prevent buyers for investing in a bot that will fail in the future.
Why is it so expensive?
For the same reason above, this is to protect the buyers. It is better to have a group of potentially financially literate and wealthier individuals own this bot than potentially a group of inexperienced high school kids. This premium price tag will act as a barrier to ensure that the buyers purchasing this bot will understand and respect their investment and not pass it around carelessly. I know that if I was a buyer, I will feel much more comfortable knowing this.
Why are you selling it instead of using it yourself if it makes money?
I already have my own personal automated trading bot that I run 24/7 that performs even better than the ones being sold. I do not need to run more than 1. If I want to make more money, I can just double my position size using my own bot than to run 2 different bots.
Can I buy your bot instead?
Sorry bud. That bot is strictly reserved and shared between my family and relatives.
Why are there so many versions?
All versions run the same exact strategy. Each version has a slightly tweaked entry, target and stop level calculation. This way not only will the bots place orders at different times, but the orders will be split up across different price levels. By doing this I can increase the amount of bots sold without causing market disruption. However, because of this, there are differentiations between back testing results.
Which version should I choose? NQ or MNQ?
The screenshots showcased on this site are the backtesting results of each bot risking $1,000 to potentially make $1,500 each trade. If you think you will be trading atleast 5x this position size ($5,000 to make $7,500 per trade), then the NQ bots will be better. Less than 3x that ($3,000 to make $4,500 per trade), MNQ bot will be better. Anything inbetween, it’s about the same with some slight pros and cons.
Can the bot trade anything else other than MNQ and NQ?
No, each bot is locked to either NQ or MNQ.
Are the backtesting results accurate?
Backtesting results will never replicate live markets 100%. However, proper steps and thorough due diligence during the backtesting process have led me to believe the backtested results to be at least 95% accurate. The remaining inaccuracies may have inflated or deflated the numbers and are deemed too insignificant to affect the bot’s overall results. High-quality tick data was purchased and imported to perform all backtests. Tick data is the microscopic, millisecond-by-millisecond record of every transaction on the exchange and is the absolute highest precision of data that can be used for backtesting. Weeks of live simulation analysis were performed to make sure the bot calculated and ran the strategy exactly as intended with 0 errors. On top of that, I spent weeks randomly sampling the backtested trades, replaying them tick-by-tick to visually confirm the bot’s execution perfectly matched the backtest.
Will you be making more trading bots for sale in the future?
No, I am practically retired and do not work anymore. This bot was made a while back ago and was sitting around collecting dust, that’s why I am selling it.