Oct 16

Divergence Indicator For NinjaTrader

Divergence Indicator for NinjaTrader

A very common request I receive for custom indicators and strategies is to include divergence. While divergence is easy for the eyes to see, it can be quite difficult to define in terms that are programmable. The Divergence Indicator for NinjaTrader utilizes a sophisticated algorithm to detect divergence, and eliminates some shortcomings of typical divergence …

Continue reading »

Sep 16

Swing Trading Secrets

Swing Trading Oscillator

Swing Trading Secrets- Identifying Divergence and Convergence in Swings In my experience as a trader, I have found swing trading to be one of the easier methods of making consistent income. However, there are certainly Swing Trading Secrets you don’t know. While swing trading does not offer the unbelievably high rate of return that day …

Continue reading »

Aug 27

Trading Psychological Numbers – Round Number Bars

Trading Psychological Numbers

Trading Psychological Numbers A common method used by traders to identify Support and Resistance levels is by using psychological numbers that are commonly referred to as “Round Numbers”. Most people (including traders) have an easier time comprehending and understanding Round Numbers. Assume that another trader asks you where the S&P 500 is going to top …

Continue reading »

Aug 13

Opening Range Breakout

Opening Range Breakout

Opening Range Breakout – Larry Williams, Toby Crabel, and Sheldon Knight Methods The Opening Range Breakout is a very common trading strategy that has been around for many years. In over a decade of trading, it is one of the very few daytrading strategies that I have found to be fairly consistent. An article I …

Continue reading »

Aug 11

Support And Resistance on Higher Time Frames

Support and Resistance for NinjaTrader

Support And Resistance Indicator for NinjaTrader   Pivot points are commonly used by traders to identify key Support and Resistance levels in the markets. This indicator allows the user to display Pivot points from higher time frame charts (ex. Daily Charts), on lower time frame charts (ex. 15 minute charts). This allows you to see …

Continue reading »

Aug 08

Bar Speed Indicator

Bar Speed for NinjaTrader

Bar Speed Indicator – For Range Bars, Renko Bars, Tick Bars, Volume Bars and More… The bar speed indicator was created to measure the speed of the current market. When using time based charts such as a 60 minute chart, we can see exactly how far price moves within a given time period. However, with …

Continue reading »

Aug 07

Automatic Fibonacci Retracement Indicator

Fibonacci Retracement Indicator

Fibonacci Retracement Indicator A Fibonacci Retracement indicator is often used by traders as an indication of support and resistance. These indicators provide Fibonacci levels that are determined by identifying two extreme points (ex. a swing high and a swing low), and dividing the vertical distance by Fibonacci ratios. Fibonacci Retracement indicators can be used in …

Continue reading »

Aug 02

Importing NinjaScript Files

Importing NinjaScript Files – Indicators and Strategies Import Instructions: 1. Save the .zip file you downloaded to your computer (do not unzip the file) 2. Open NinjaTrader 3. Select ‘File > Utilities > Import NinjaScript’ 4. Browse to the .zip file saved in step 1 and select Open

Aug 02

NinjaTrader Rejecting Stop Orders

NinjaTrader Rejecting Stop Orders   This is a common occurrence when using stop orders. A Sell Stop order must be placed at a price below the current bid. Similarly, a Buy Stop order must be placed at a price above the current ask. What is happening is when all of the conditions are met for …

Continue reading »

Jul 31

Moving Average Crossover Traders – How to Beat Them

NinjaTrader Moving Average Crossover

Moving Average Crossovers For many years, futures, fores, and equities traders alike have been using moving average crossovers to determine trends in the market. A very common trading strategy amongst traders is to go long when a faster moving average crosses above a slower moving average, and to go short when the faster moving average …

Continue reading »

Older posts «

» Newer posts