π― Mastering Price Action with TIS_Price_Action: Simplicity That Works
Understanding price action is one of the most fundamental—and effective—ways to trade the markets. It strips away lagging indicators and focuses directly on what matters most: price movement itself.
But traditional price action trading requires constant screen time, experience, and manual interpretation of candlestick patterns and market structure. That’s exactly why we created TIS_Price_Action: a powerful tool that brings the clarity of price action into the world of signal-based automation.
π What Is Price Action?
Price action is the study of how price behaves over time—without relying on indicators. Instead of using moving averages or oscillators, traders observe:
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π Swing highs and lows
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π§± Support and resistance zones
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π― Candlestick patterns (like Inside Bars, Engulfing, Pin Bars, etc.)
It’s a clean, raw approach to understanding market sentiment and trend behavior.
⚙️ What Makes TIS_Price_Action Different?
While many tools claim to help with price action, TIS_Price_Action by The Indicator Store is specifically designed for clarity, automation, and flexibility.
Here’s what it does:
✅ Detects Key Candlestick Patterns Automatically
No more guessing. The indicator identifies and labels high-probability reversal and continuation patterns, including:
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Inside Bars
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Outside Bars
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Bullish/Bearish Engulfing
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Pin Bars
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Rejection Wicks
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And more...
✅ Highlights Market Structure
The indicator clearly marks swing highs and lows, allowing you to visually confirm breakouts, retests, and trend continuations.
✅ Plots Signals for Automation
All signals can be used directly in NinjaTrader 8, fully compatible with:
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π§ Markers 2025
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⚙️ Strategy Builder
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π§© NinjaScript logic
That means you can automate your price action strategy without writing code.
π§ Who Is It For?
TIS_Price_Action is perfect for:
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Day traders and swing traders who rely on candle patterns
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Traders looking to combine price action with trend filters
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Anyone who wants automation-ready signals based on real price behavior
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Traders building visual or rules-based setups using Markers
Whether you're using this as a confirmation tool or as your main signal engine, it provides clean, objective information directly from price.
π‘ How to Use It in a Strategy
Example: A basic trend-following setup with TIS_Price_Action
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Use TIS_Slope_Color to define trend direction
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Wait for a Bullish Engulfing or Pin Bar near support
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Trigger a long entry using Markers, with your risk managed via strategy logic
Combine this with your favorite volume filter or ATR stop for a complete, automatable system.
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