Algorithmic Trading Systems

Cons

• Limited function as an automated trader
• Better suited as a hybrid manual entry control
• See below for full details: ATS QuadroBase

Custom Algo Trading  Signals – build your own or use off the shelf
Supports User Defined Algo Rules in NinjaScripts or use the off-the-shelf Algos and filters and turnkey workspaces.!

Remote Cloud view & control Pending
Pending features When run on a server or desktop it will be possible to see what the Algo is doing and control the systems from a web/mobile therefore reducing the need for more than 1 system and reducing server/ platforms/data fees.
Cons

• Self Assistance & premium support

White label of components reshaped for BWT Algo – royalty-free-based License agreement.
The while label provides the following under license –Powered by ATS QuadroBase

• BWTPrecisionTrend Indicator
• BWTOrb/Daily/Weekly Indicator
• BWTTradeManager –
• BWTProfitLoss
• BWTOrdersPositionsVisuals
• BWTStrategyBase – ATSQuadroBase
• Entry Rules And Filter Methods
  • Trend Reversal/Pullbacks
  • Session Breakout Entry/filter
  • Levels News/OCO
  • Levels Breakout Filter

Cons
Limited function as an automated trader
Better suited as a hybrid manual entry control
See below for full details: ATS QuadroBase

• Provides a subset of the functionality of AlgoFuturesTrader
• Support not provided by the real developer and designer (MicroTrends)
• No Free Trial, not free for sim
• Cannot self-heal and continue.
• No position compounding ability
• Not a true swing trading system
• Vendor retiring no continuation into NinjaTrader 9

• Cannot self-heal and continue.
• No position compounding ability
• Not a true swing trading system

• Manual back test only no FULL strategy testing.
• No automatic trading stats produced

• BWTPrecisionTrend Indicator – (Subset of the AFT USAR)
• BWTTradeManager – MTDS7 reskin
• BWTProfitLoss
• BWTOrdersPositionsVisuals
• BWTStrategyBase – MTDS7 Dervied engine

NinjaTrader 7 unmanaged strategy no overfills and strategy halts, hybrid trading to allow user interactive control in realtime. The system was at best pseudo automated, could never swing trade long than the connect lasted so that would be a maximum of Sunday to Friday if there was a solid internet connection. After a pause or stop. /Start it requires a manual cancel of the stops and close of the positions. Can be left unattended but not advisable
Stats
None ever recorded showing the successful long-term fully auto trading, only some semi auto manual stats and video marketing, The system shot to fame in YouTube with a trader Jim using the hybrid controls of it which were a mere subset of the MTDS and AFT systems power but no performance for fully automated achieved.
Key Points
designed for hybrid attended mode for best safety and results.
Cons

• Obselete Windows NT7 technology limited life span
• Disconnections cause the strategy to stop, lose track of positions and orders
• On a Restart or disconnect orders and positions  require manual start and fixing of orders/positions by hand

History
This was a merger of the very old BWT system consisting of 1 trend indicator for the ATR Trend – from the stocks and commodities vervoot ATR trend algo which didn’t work properly, along with a very badly written default mode of NT7 strategy which would halt on overfills and errors and leave a tangle of canceled orders and unguarded positions. BWT took a like to the MicroTrends MTDS systems it was agreed to provide a white label and merge with the existing legacy BWT code to cut out the old parts and wire in the new and it was achieved making a stunning-looking system – that performed great in terms of usability but did not deliver fully automated reliable stats – however when used with hybrid controls to control when to buy and sell or set the bias as it traded – it was a very successful system for traders man and machine mode, but was only a small subset of the MTDS and AFT7 technology so very limited – but easy to use and very easy to configure due to BWT’s original configuration panel.
This system looked amazing in the videos and marketing and on the chart and sold 100s of copies up to 2019, in 2020 onwards 95% of traders switched to NinjaTrader 8 making this obsolete. The vendor’s look, and style applied to it made it look very compelling, combined with an excellent video series this really took off. All done and said in its day it was alone and at the top of the rankings prior to AFT7 2014 to 2018.
Conclusion
A real classic and hit in its day, the price is a lot more for this system, yet it only contains a small subset of the AFT7 and AFT8 which can be used free forever and you will have to spend 5K to know if it will suit you for the limited life span it has left.