Grid Meister is a powerful tool developed for NinjaTrader 8, offering traders full control over the creation, configuration, and management of order grids. With a range of customizable features and parameters, Grid Meister allows traders to execute complex strategies and manage orders efficiently. Available for $49.99 per month, the tool comes with a 7-day free trial, providing full access to its capabilities before committing to a subscription.
Key Features of Grid Meister:
- Grid Count
The Grid Count parameter allows you to specify the number of simultaneous orders in the grid, with flexibility to choose any value from 1 and above. This ensures you can scale your strategy based on market conditions. - Order Spacing Calculation Type
This parameter defines how the spacing between grid orders is calculated. You can choose from various methods to match your trading style, whether you prefer equal distances or more advanced spacing calculations. - Quantity Calculation Type
Control the method used to calculate the quantity for each order in the grid. Customize your trade sizing to meet specific market conditions or risk management preferences. - Default Price Type
Set the Default Price Type to determine the starting point for your grid orders. From this initial price, all subsequent orders are derived, giving you a solid foundation for your trading grid. - ATM Template
Manage your grid orders with ease using the ATM Template. This template helps handle the position management of your grid, making it more efficient and streamlined. - Grid Direction
Specify whether the grid should place orders when the price is rising or falling, allowing you to build grids for both bullish and bearish market conditions. - First Order Market
The First Order Market function lets you place the initial market order within the grid strategy, ensuring immediate entry without waiting for limit orders to trigger. - Dynamic Grid Layout & Planning Mode
In Planning Mode, Grid Meister allows you to visualize and modify your grid directly on the chart before sending live orders. Hotkeys make it easy to dynamically adjust your grid:- ↓ and ↑ to move the grid vertically,
- – and + to modify the distance between orders,
- Once your grid is set, simply press Enter to place your orders in real-time.
- Customizable Colors for Orders
Customize the colors of your planned grid and market orders, helping you differentiate between different stages of your strategy and improving your visual clarity. - Advanced Spacing Options
Define spacing between grid orders in ticks, use a multiplier for calculated distances, or start with the Fibonacci sequence for more sophisticated spacing strategies. Grid Meister also supports step-based spacing for fixed distances between orders. - Quantity Customization
Control your trade size with flexible parameters. Set a default quantity, apply a multiplier for calculated increments, or use a Fibonacci start to align your strategy with advanced techniques. - Indicator-Based Starting Price
Use any available indicator (e.g., moving averages) to define the starting price for your grid, allowing for highly adaptive trading strategies that react to market conditions. - Recalculation Features
With the Price Offset and Recalculation Interval settings, you can automatically adjust the grid’s base price based on a specific bar interval, ensuring your grid stays relevant as the market evolves.
Pricing & Free Trial
Grid Meister is available for just $49.99 per month, with a 7-day free trial to get you started. During this trial, you can explore all the powerful features and see firsthand how Grid Meister can optimize your trading strategy in NinjaTrader 8.
Gain full control over your trading grids with flexible settings, advanced order management, intuitive interface, and powerful hotkey controls. Try Grid Meister today and elevate your trading strategy!
