Description
Upon purchasing this indicator, you will receive Alert Sound Maker ($79 worth) as a FREE gift.
Platform
Availability for:
- NinjaTrader 7 platform: NOT PLANNED
- NinjaTrader 8 platform: AVAILABLE NOW
Notice
- Calculate mode: OnBarClose only
- Trader manual: ready now
Overview
This NinjaTrader 8 divergence indicator recognizes divergence patterns based on swing-point analysis. For a swing to be detected, a delay of N bars is required. Therefore, divergence signals are delayed by N bars, where N = 3 by default for accurate identification (N is at least 1). However, this delay is not serious because a valid divergence has a long-term effect, often tens or hundreds of bars afterward.
How can we catch a swing high exactly at its peak?
Only after some more bars without further price increase can we know it is a swing high.
Here’s why this powerful NinjaTrader 8 divergence indicator was developed:
- Following the tremendous success of Divergence Engine$ (catching REGULAR divergences)…
- And with an increasing demand for a great detector of hidden divergences…
… We programmed and released Divergence Hidden$ – our AMAZING divergence indicator for NinjaTrader 8 that catches HIDDEN divergences, which signal possible trend continuations.
This is a UNIVERSAL solution to hidden divergence trading. Divergences can be identified by comparing price action and an oscillator of your choice, ranging from RSI to MACD, stochastic… You can also make a combination of Divergence Hidden$ and our free indicators or any pre-built oscillators in NinjaTrader 8. Any indicators, from any vendors! Upon purchasing this indicator, you will receive a Trader Manual with step-by-step instructions to help you select any oscillator of yours for divergence identification.
Our Divergence Hidden$ indicator specialized for NinjaTrader 8 helps identify hidden divergences, which signal possible trend continuations:
- Bullish hidden divergence: This pattern is observed when price action makes a higher low but the oscillator makes a lower low.
- Bearish hidden divergence: This pattern is observed when price action makes a lower high but the oscillator makes a higher high.
With its dedicated NinjaScript signals, Divergence Hidden$ can be used in Market Analyzer to scan tens or even thousands of instruments at the same time for divergence signals. Let’s imagine how it can save you time and effort in monitoring multiple markets and searching for profit opportunities from trend continuations.
The “Lookback” feature allows you to scan up to 10 latest swing points for divergence patterns. “Lookback” comes with minimum & maximum definitions so that you can specify a lookback range of your favorite. For example, you only wish to scan for divergences that are based on at least 3 latest swing points and at most 5 latest swing points. We had to use a very sophisticated algorithm in order to program this feature.
Key features:
- Allow choosing ANY oscillator for HIDDEN divergence identification
- Allow configuring swing point’s neighborhood for price & plot
- Allow configuring minimum & maximum swing points for lookback
- Allow customizing the color & visibility of price/plot swing points
- Allow customizing the styles of price/plot divergence lines
- Highlight chart background to show divergence regions
- Trigger alerts on divergence appearance
- Print markers on divergence appearance
- Be NinjaScript ready for advanced usage, only restricted by your imagination
- Expose dedicated NinjaScript signals
Alerts:
- Popup alert
- Sound alert (configurable rearm)
- Email alert (possibly configured as SMS alert)
- Message displayed in Alerts Log window
NinjaScript readiness:
- Can be used in HelloWin Backtest
- our AMAZING backtesting software @ HelloWin.io
- Can be used in Market Analyzer
- Can be used in Strategy Builder
- Can be used in BloodHound
- Can be used in 3rd-party indicators, strategies, products
- Professional & clean signature for easy calling
Dedicated NinjaScript signals:
- Signal_Divergence: 1 = bullish divergence, -1 = bearish divergence, 0 = no divergence, 99 = both divergence
Compatibility:
- Instruments: futures, stocks, indices
- 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
Installation
Please read Installation Guide for details.
Support
FREE support for life! Feel free to ask us anything, anytime.
On NinjaTrader 8, you even have access to our PRIORITY SUPPORT directly from charts.
Please read Customer Service for details.
Software upgrade
All software upgrades for NinjaTrader 7 are absolutely FREE of charge.
All software upgrades for NinjaTrader 8 are absolutely FREE of charge.
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!
Because software products may be copied and stored easily, we will NOT issue refunds of any kind.
Upon purchasing this software, you agree to be bound by Terms of Service.
Various types of trading software products, all under one roof!
Please check out our NinjaTrader 8 indicators to find ones that fit your needs.
Software Changelog
NinjaTrader 8 version:
- 15 Dec 2020 – The indicator was re-exported to be compatible with recent changes of the platform.
- 30 Sep 2020 – Massive changes, fixes and improvements were made (DPI, display name, Z order, alert properties, marker string, chart info, property naming/positioning/grouping); alert popup was visually enhanced.
- 27 Mar 2020 – The indicator was released (build new).
