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Round Number

$75

Description

Platform

Availability for:

  • NinjaTrader 7 platform: AVAILABLE NOW
  • NinjaTrader 8 platform: AVAILABLE NOW (upgrade from NT7 for just $0 or $25)

Overview

Round Number indicator for NinjaTrader is a very simple tool, but perhaps one of the most POWERFUL ones you have ever seen!

Whole or round numbers tend to cause significant psychological effects on trading decisions, and therefore on market movements. Have your heard that ES is likely to reach 2000? Traders will hold their long positions tightly and just take profits at round 2000; this is the so-called “magnet effect” that attracts the price toward beautiful whole or round numbers.

You know the importance of psychological support & resistance levels. However, sometimes you remember them and sometimes you forget, because they are not printed on your chart. Inconsistency is a bad behavior in trading! That’s why this round number indicator was created for NinjaTrader platform.

The indicator automatically prints horizontal lines at whole or round numbers, based on a step (in ticks) you specify. For example, if you set a step of 100 ticks for EUR/USD, horizontal lines will be printed at 1.2000, 1.2100, 1.2200… Or if you set a step of 40 ticks (10 points) for ES, horizontal lines will be printed at 2000, 2010, 2020…

The indicator supports up to 3 user-defined steps at the same time. To illustrate, you may have horizontal lines printed every 100 ticks, 50 ticks, and 25 ticks.

Key features:

  • Print horizontal lines based on a step you specify
  • Support up to 3 steps at the same time
  • Optionally label the prices of horizontal lines (can be placed on the left or right)

Compatibility:

  • Instruments: CFDs, forex, futures, indices, options, stocks
  • Interval types: timebased or non-timebased, standard or custom
  • Chart styles: whatever

Usability:

  • Ready to use out of the box
  • Fully configurable & customizable with ease

Media

RoundNumber1

RoundNumber2

RoundNumber3

Installation

Please read Installation Guide for details.

Support

FREE support for life! Feel free to ask us anything, anytime.
In NinjaTrader 8 platform, you even have access to our PRIORITY SUPPORT directly from chart.
Please read Customer Service for details.

Upgrade

All upgrades for NinjaTrader 7 and NinjaTrader 8 are FREE to request.
A one-time low fee may be required for an upgrade from NinjaTrader 7 to NinjaTrader 8.
Please read Upgrade Policy for details.

Terms

ALL SALES ARE FINAL & NON-REFUNDABLE!
Upon purchasing this indicator, you agree to be bound by Terms of Service.

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■ Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

■ Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

■ NinjaTrader® is a registered trademark of NinjaTrader Group, LLC. No NinjaTrader company has any affiliation with the owner, developer, or provider of the products or services described herein, or any interest, ownership or otherwise, in any such product or service, or endorses, recommends or approves any such product or service.

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