[New Horizon] When a Profit Factor of 1.2 beats 1.5

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Dynamic Oscillator

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✦  Latest additions to the ninZa.co ecosystem

[4 Aug] Expansion Entry Scalping Solution: [For scalpers] Trade the expansion, not the noise -  Explore solution
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[08 Jul] Auction ∆xis: Pure Intraday Support & Resistance -  Explore solution
[25 Jun] Captain Optimus Strong v2: Trader feedback shaped this upgrade -  Explore solution
[22 Jun] Highway Fractal Zone:  Support & Resistance needs more than a swing - Explore solution
[12 Jun] ICT PhantomTrace:  Why most ICT traders keep falling short - Explore solution

Product Description

Do you think classic indicators like RSI, MFI, Stochastic, and Bollinger Bands have become less effective in today's fast-paced trading markets?

If so, let us show you how these 3 oscillators and Bollinger Bands provide surprisingly reliable entry signals and remain ideal for quick trading strategies.

Dynamic Oscillator is an advanced indicator that combines Bollinger Bands, RSI, and Stochastic, giving you the flexibility to choose from 3 different oscillators that suit your trading style. With this indicator, you can now access multiple indicators in a single, efficient solution, saving both time and money.

Instead of purchasing separate indicators for each oscillator like RSI, MFI, Stochastic, or Bollinger Bands, Dynamic Oscillator consolidates them all into one powerful indicator. This makes it not only cost-effective but also time-saving, especially for day traders and scalpers who need to make quick decisions.

Dynamic Oscillator chart

What makes Dynamic Oscillator stand out is its ability to generate 2 key signals – Break and Return. These signals can be used independently or together, making them perfect for Bollinger Band and Stochastic strategy and other day trading techniques.

It provides more trading opportunities and keeps you actively engaged across various markets with the potential to create continuous signals.

Moreover, when Dynamic Oscillator first signals a return in a new price trend, the follow-up break signal usually reinforces that current price trend, keeping you aligned with the market's direction.

Dynamic Oscillator chart2

Also, this indicator works well on all types of charts, including Renko charts, and has an intuitive interface.

Here's how Dynamic Oscillator generates break and return signals:

  • Break signal: When the selected oscillator crosses above or below Bollinger Bands, Dynamic Oscillator will suggest a break signal.
Dynamic Oscillator chart3
  • Return signal: When the selected oscillator exits Bollinger Bands and then returns inside them, this indicator triggers a return signal.
Dynamic Oscillator chart4

New tools ship regularly, so the full range of NinjaTrader addons is worth checking back on.

Dedicated NinjaScript Signals

  • Signal_State: 1 = above upper, -1 = below lower, 0 = middle
  • Signal_Trade: 2 = bullish break, 1 = bullish return, -2 = bearish break, -1 = bearish return, 0 = no signal

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Software Changelog


  • 10 Jul 2024

    The indicator was released (built new).

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