Trading the DAX in NinjaTrader 8 with Money Management Algorithms

The Pinpoint Entry Technique allows you to backtest your strategy and ask the question:

“What if I waited and entered the strategy when it was down X dollars?”

This is one of my favorite approaches to strategy testing and trading since it allows you to enter at a better price.

What are the results if you use this approach in your strategy?

If you are like me, you most likely see a normal amount of adverse excursion on most trades. To put it another way, you rarely ever get in a trade that goes in your favor from the very start.