The Indicator Store

Continued from  Markers System - Tutorial As we saw on previous post, Markers can detect objects painted on the Chart, like Arrows, Dots, Vertical Lines, etc ; most of the standard Ninja Objects used by Indicators to paint Entry or Exit Signals. And when detected, Markers can issue ATM Orders. An ATM Order includes not only the trade size, but also the number of positions ( 3 on Ninja 7 and unlimited on Ninja 8 ) and the corresponding Stop, Target, Trailing and Auto Breakeven for each position. Read More . Now, let's compare the 2 versions of Markers ; Features Markers Lite Markers Plus Number of Objects Supported 9 19 Option to Close Positions Yes Yes Manual & Semi Auto Yes Yes Max Daily Loss/Profit Yes Yes Time Windows 1 3 Entry Order Type Market Market / Limit / Stop Option to Filter Signals No Yes Tool to Create Signals No Yes Both Markers Versions can be purchased on this link The Main Differences are these : Markers Lite can automate sign...

Welcome to this New Series of Publications about Markers System for Ninjatrader Markers is a System that allows to automate Signals converting them into Orders. Example ; if we have an Indicator that paints an Arrow Down on a Short Signal, like this ; We can use Markers to detect and automate those Red Arrows. There are 2 versions of Markers ; Lite and Plus This is what Markers Lite  can do ; We can select 2 different objects with specific Colors ; one to Enter Long, and the other to Enter Short. Optionally we can also select 2 other objects to close long & short positions Select an Account where to execute the Orders Limit the Daily Loss and Daily Profit All other inputs ( Enable Long, Short, Exits, Manual or Automatic ) can be managed from the Chart Toolbar We can specify a Time Window inside where we allow trading. Outside this time window all signals are ignored and current positions are closed. Continued on Next Post ...

Hello Traders When we analyze a market, it is very important to take  into account  its volatility for the different time frames and times where we plan to trade. If volatility is too low we may have little or no chance at all of entering and leaving the market in a timely way with our expected targets and stops . If volatility is too high, we will surely have many opportunities for trades, but possibly the Stop needed will be much higher than expected. Let's see now how to measure volatility using the ATR (Average True Range) indicator The Range of a bar is the distance between its maximum and minimum price. The True Range includes the gap that may exist from the previous bar, therefore the  True Range  is equal to or slightly higher than the Range. The ATR is the  True Range  Average in the last N bars. In this example we see the ATR (14) on a Crude Oil & Euro Futures 5 Minutes Charts.     As we see, the ATR ...

Defining a Trade Setup using Stochastics Using the Stochastic Indicator we can define several simple and easy Trade Setups. With the Ninjatrader Stochastics Indicator we can define Overbought and Oversold Bars when the K line is above or below these levels. The D line is an average of the K line, so the closest is its period to 1, the closest this line will be with the K. With a period of 1, both lines overlap one each other. We can use 2 different methods to trade with Stochastics ; Using both K and D lines ; we watch for Crossover of these lines, and take an entry depending where the crossover happened ; if it was on the overbought, we have a sell. If it was on the oversold, then it is a buy signal. Using only the K Line ; we wait for the K line being on the overbought/oversold area and trying to get out... Example using Method 1 ( K vs D Crossover :  TIS_STO_XO ) Example using Method 2 ( TIS_Reversal ) Watch this YouTube Video for more i...