Education onlyNot investment adviceFutures trading involves substantial risk of loss
The curriculum

Eight guides to the machinery of futures trading.

Two indicators, one platform, the orders it sends, the contracts it trades, and the way to test and control all of it. Each guide stands alone and ends with where the idea usually goes wrong.

01
A trader traces a curved average line across a printed intraday chart with a fine pen

VWAP

The session's volume-weighted average price: how it is built, why it resets and how rules use it.

How VWAP is calculated · How to use the VWAP indicator on a chart · A VWAP pullback rule, written mechanically · Anchored VWAP
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02
A developer types NinjaScript code on one monitor beside a dark candlestick chart on another

NinjaTrader 8

What the platform is, how NinjaScript and add-ons work, and the questions new users ask first.

What NinjaTrader is, and whether it is a broker · NinjaScript · Add-ons and the ecosystem · Getting started, and the Mac question · Margins, order flow and Tradovate
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03
An analyst follows a row on a long printed table with one finger beside a laptop chart

Backtesting method

Write the rule first, test on data you have not seen, and read every report with suspicion.

Write the rule before you look · Backtesting in NinjaTrader · Reading a backtest report · Walk-forward analysis · Free backtesting software
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04
A trader's finger hovers above the enter key in front of a monitor with horizontal price levels

Order types and stops

What each order does when price arrives, and what can happen when it moves too fast.

Stop loss vs stop limit · What a stop-loss is · Trailing stops · OCO and bracket orders
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05
A trader stands with folded arms watching a large wall screen in a dim operations room

Micro index futures

Multipliers, tick sizes, tick values and hours for the index contracts most retail traders use.

MES: Micro E-mini S&P 500 · MNQ and NQ: Nasdaq-100 · YM: E-mini Dow · Contract months and trading hours · Working out a position's size
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06
A man sits back with arms crossed watching a laptop that runs a terminal beside a chart

Automated trading

A system turns rules into orders. It still needs a person watching it.

The parts of an automated system · Automated futures trading strategies · Algorithms in plain words · Automated trading in NinjaTrader · Choosing automation software as a beginner
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07
A trader tapes an index card with a single pencil line to the bottom of a monitor

Volatility and risk controls

Measure how far the market moves, size to it, and decide your limits before the session.

Average true range · ATR stops · Risk to reward ratio · Trading and risk management · Maximum drawdown
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08
A trader points her pen at a histogram panel under a candlestick chart on her monitor

MACD

Two moving averages, their gap, and a smoothed line of that gap. Here is how it is built.

How to calculate MACD · Default MACD settings · Crosses and the golden cross · MACD divergence · Using MACD for day trading, mechanically
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