Questions
Questions and answers
What Neon Ledger is, what it needs, and what it will and won't do with your accounts.
The basics
Is Neon Ledger really free?
Yes. It's free to download and use, with no license key and no account to create.
What do I need to run it?
A Windows PC with NinjaTrader 8, your own market data and accounts, and Tailscale if you want the phone app. The setup guide walks through each part.
Does it work on a Mac?
It needs Windows, because NinjaTrader 8 runs on Windows.
Which markets does it work with?
Charts work with anything NinjaTrader shows. The bots and the ready-made strategies trade NQ and ES futures and their micros, MNQ and MES.
When can I download it?
The first beta is coming soon. It goes first to a small group of traders on different prop firms, then to everyone on the download page.
Bots and strategies
Does it trade for me?
Only the bots you switch on, on the accounts you choose. Every bot starts on paper, and you move it to a practice account and then to your own accounts yourself.
Will the ready-made strategies make money?
No one can promise that. MMXM and the 90-Minute CRT are written-down rules, and like any rules they have losing trades and losing stretches. Test them on your own history and on paper, and decide for yourself.
Can I build my own strategy?
Yes. Choose the levels, the setup, the confirmation, the stop, the target, the hours and the money from menus, then test the rules on your own NinjaTrader history before a bot runs them.
How do I stop the bots?
Stop all bots is one click on the PC and one tap on the phone, and the bots stay off until their next start. Close bot trades closes their open trades and leaves the bots on.
Do bots keep running when I'm away?
Yes, at their own hours, as long as the PC, NinjaTrader and your connection stay up. Turn the PC's sleep off, and set Windows Update's active hours around your bots' hours.
Prop firms
Will my prop firm allow bots?
Some firms ban bots or automated trading on some or all of their accounts, so check your firm's current rules. Neon Ledger keeps bots off a firm's accounts unless you accept that firm's rule, shown in its own words.
Will it keep me inside my firm's rules?
It holds orders placed through Neon Ledger to the rules you set: the daily loss limit, the daily profit goal, the pass lock, the end-of-day drawdown, and no opposite positions within one firm. It can't stop orders you place in NinjaTrader's own windows, so it guards you best when you trade through Neon Ledger.
Can I copy my trades to my other accounts?
Yes, with copy groups: one leader, and each follower gets its own order, stop and target at its own size. Firms differ on copying between your own accounts, so check yours.
Which firms does it know?
The firm list fills in plans and rules for firms traders use with NinjaTrader, and says when each was last checked. For any other firm, type in its numbers yourself.
Data and privacy
Does my data leave my PC?
No. Prices, orders, trades and settings stay on your PC, and your phone talks to your PC directly over Tailscale.
Do you collect anything?
No. There's no Neon Ledger account, and the app sends nothing about your trading to us. This website has no cookies or tracking. The privacy page has the details.
Do I need my own market data?
Charts and bots use the data your firm or broker gives you through NinjaTrader. The order book, MenthorQ levels and any other extras are your own subscriptions.
Why does my DOM show trades but no depth?
Your connection isn't sending the order book, and some firm connections send none. Add a data connection with CME market depth and connect it before your firm's.
The phone app
Is it in the App Store?
No. It's a web app: it opens in the phone's browser, and you add it to your Home Screen like an app.
Why Tailscale?
Tailscale links your phone to your PC privately, wherever you are, without a server in between. It's free for personal use.
Which notifications will I get?
When a bot fills, reaches +1R, or closes with its P&L, when a price alert hits, and when an account reaches its daily profit goal or passes. On iPhone, add the app to your Home Screen first.
Does it work on Android?
It's built and used on iPhone. Android is part of the beta testing.