MMT Chart Trader is a NinjaTrader 8 add-on tool designed to simplify execution by allowing easy trade entries directly from charts. It integrates with MMT indicators (like Delta, Trend & Reversal, VWAP, Key Levels) to automate entries and pending orders.
⭐ 5.00 / 5 (11 reviews)
💵 $69 one-time purchase
👥 7 members
🟢 One-click market orders directly from the chart.
🔁 Pending orders automation – trade setups trigger automatically when indicator signals align.
🎯 Works with 4 NinjaTrader drawing objects (diamonds, arrows, triangles, dots).
📊 Synergy with full MMT indicator ecosystem.
Reviews are highly positive, especially from active traders using NinjaTrader. Many mention precision of indicators, strong community support, and responsive creator.
Positive Notes:
✅ Indicators are accurate and reliable, especially for scalpers.
✅ Creator (Dave/MonkeyManTrades) is responsive and posts videos explaining tools.
✅ Affordable one-time license compared to subscription-based tools.
✅ Variety of specialized indicators (Delta Bars, Trend/Reversal, VWAP, etc.).
Criticism / Gaps:
❌ NinjaTrader-only (not compatible with MT4/MT5, TradingView, etc.).
❌ Strict license rules – 1 machine only, limited transfers.
❌ No refunds (all sales final).
❌ Small community (7 members) → mostly relies on the creator’s updates.
Jeffrey Munson: “MMT indicators are amazing… key levels are spot on. As a scalper on 15s/1min, these tools are what I make my living off of.”
Ronald Nevers: “Excellent indicators and customer service.”
Samit Roy: “Fabulous indicator with many settings. Dave is genuine and very supportive.”
Craig Hendrickson: “Fantastic candlestick alternative! Great for verifying buying and selling pressure.”
Day traders/scalpers on NinjaTrader 8.
Traders who prefer indicator-based auto entries.
Those who want a low-cost, one-time tool instead of ongoing subs.
⚡ Verdict:
MMT Chart Trader is a niche but powerful tool for NinjaTrader users. If you already trade with NinjaTrader, it can simplify execution and improve consistency with automation tied to proven indicators. For non-NinjaTrader users, however, it’s not useful since it’s platform-locked.