Kraken to Acquire NinjaTrader: Introducing the Next Era of Professional Trading
The official press release can be found here: https://blog.kraken.com/news/kraken-to-acquire-ninjatrader
In light of the latest news about Kraken's acquisition of NinjaTrader, we are very excited about what the future holds.
Imagine the opportunity to have 381 cryptocurrencies directly on the NinjaTrader platform available for trading 24/7 !
The largest-ever transaction combining TradFi (traditional finance) and cryptocurrency markets, made available on top professional trading platforms such as NinjaTrader, will make the dreams come true for many traders.
The question is, are you ready to be flooded with so many new opportunities? Do you have a trading system that can be used in any market?
We ask ourselves this question as well.
Can the Market Trend Profile be used for cryptocurrency trading?
Let's find out.
Unlike many other futures trading systems, which rely on reading and analyzing market data such as Volume profile, Delta, Order Flow, specific trading hours such as "power hour," opening range, initial balance, and many others, the Market Trend Profile proprietary algorithm dynamically changes the levels it provides to ensure you are not only on the right side of the market but also know where the best places to buy or sell are.
The Markat Trend Profile considers only pure price action rather than time or volume.
That is why it can read any market and provide the same great trading experience.
We are so excited that we can use our product as is, without any optimization or amendments to fit the cryptocurrency market.
We can trade cryptocurrency 24/7 without worrying about rollover or daily close and keep our position for longer until the indicator holds the current trend.
Let's see some examples of how the Market Trend Profile can handle crypto markets.
We will use the NinjaTrader Coinbase connection to load some cryptocurrency data and then apply the Market Trend Profile.
As of now, only demo trading of cryptocurrency is available on NinjaTrader. We hope this will change very soon.
BTCUSD and Market Trend Profile
ETHUSD and Market Trend Profile
Add comment
Comments