On the importance of tracking volatility in real time - a primer
A short video, and the first steps on how to think about the relationship between volatility and risk. If you’re familiar with Remek! Momentum Pro Standalones (especially BT and BTX), you already know that we measure risk in volatility, and we measure volatility in ATR and standard deviation. (Doing so enables us to normalize volatility across timeframes and instruments.)
But we also do much more than just “measure risk the right way". Our advanced trading algorithms include real-time “checks and balances” aka filters that either allow or disallow entering on a given trigger, depending on the account size and volatility conditions of the traded instrument, on the traded timeframe, and at the time of the trade!
The way we see it, it is impossible to overemphasize how cool and important this is, and we’ll surely have a lot more to say about this as we roll out the new release (v3.60) of our flagship trading strategy suite, The Remek! Momentum Pro Standalones in the coming days. In the meantime:
If you’re new to our work, do sign up for the free trial to start getting to know the power of what is probably the most advanced trading algorithm ever built for the Ninjatrader platform, and
if you’re already a seasoned user of our Standalones, make sure you’re on the lookout for upcoming posts as we start to delve deeper into discussing the new advanced features in the upcoming release!
As always, if you’ve purchased your current Standalones within one year, the update will be free for you. Otherwise, you’ll be able to update or purchase anew as part of our special launch. Details on workshops and onboarding sessions to follow as well!
Back soon, until then: Mindful trading!