Hi,
I am looking for some clarification on when to use strategies vs indicators above and beyond the obvious trading and position management functionality. Take for example Multi-Timeframe and Instrument methods that appearonly to beavailable tostrategies.But what if I wanted to develop an indicator that shows a higher timeframe (compressed series) trend or another instrument close[0]as an indicator overlayed on the current chart? Would I have to implement this "indicator" as a strategy? This would be okay, except other useful features likeChartTrader do not allow concurrent use of strategies.
Are there other important difference between strategies and indicators (beyond the obvious) thatcan be highlighted? For example, can strategies do everything an indicator can do and then some?
Please help.
Thanks!
I didn't find the right solution from the Internet.
References: [url]https://ninjatrader.com/support/forum/showthread.php?t=1736[/url]
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