Obsidian Autotrader is an automated trading system for the NinjaTrader platform. It is designed to trade futures contracts using a combination of technical indicators and price action analysis. The system was created by CJ Chun, a professional trader with over 10 years of experience. He claims that Obsidian Autotrader has been profitable in backtesting and live trading.
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Obsidian Autotrader uses a variety of technical indicators and price action analysis to identify trading opportunities. The system can also be customized to fit the individual trading style of the user. Is working on a customized O-renko bar, created by the Obsidian team. It can also be used on time-based bars.
In addition to these technical indicators, Obsidian Autotrader also uses a proprietary algorithm that CJ Chun has developed. This algorithm is designed to identify and exploit market trends, even when they are subtle.
The AutoTrader comes with a discord community with live trading, Zoom free sessions, a great community of experienced traders and beginner traders, and a free trial of 7 days
There are several potential benefits to using Obsidian Autotrader. First, it can free up time for traders to focus on other tasks. Second, it has the potential to generate profits, even for traders who do not have a lot of experience. Third, it is relatively easy to use.
In addition to these benefits, Obsidian Autotrader also offers a number of other advantages, such as:
- High accuracy: Obsidian Autotrader has been shown to be highly accurate in backtesting and live trading.
- Low risk: Obsidian Autotrader is designed to minimize risk by using stop-loss orders and other risk management techniques.
- Scalability: Obsidian Autotrader can be used to trade a variety of futures contracts and timeframes.
- Customization: Obsidian Autotrader can be customized to fit the individual trading style of the user.
It is only compatible with the NinjaTrader 8 platform.
Overall, Obsidian Autotrader is a promising automated trading system that has the potential to generate profits for traders. However, it is important to remember that no automated trading system is guaranteed to be profitable. Traders should always do their own research before investing in any automated trading system.
Here are some things to consider before using Obsidian Autotrader:
- You should have a good understanding of the risks involved in trading futures contracts.
- You should be comfortable using the NinjaTrader platform.
- You should be patient and disciplined when using this Autotrader.
If you are considering using Obsidian Autotrader, I recommend that you do your own research.