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HAMA Monster

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A Reversal strategy with a Profit factor up to 2.78 | Bollinger Prism in action →

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[03 Jun] BigTrade Sweep: Detecting Big Trades in every candle - Discover indicator
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[22 Apr] Entropy Voltex: Trade only when market conditions support your setup - Discover indicator
[14 Apr] Imbalance Insight Matrix: Detect trading zones that attract the most attention - Discover indicator
[08 Apr] Gravity OrbitX: Where high-probability reversals actually form - Discover indicator

Product Description

ninZa.co succeeded in bringing this awesome trading weapon from the MetaTrader world to NinjaTrader 8.

HAMA Monster is a powerful application of Heiken Ashi on moving averages of prices. It paints a new series of bars that are classified into uptrend or downtrend. Signals produced by this indicator are extremely simple yet effective:

When the trend shifts from down to up, you get a possible buy opportunity (go long or exit short).
When the trend shifts from up to down, you get a possible sell opportunity (go short or exit long).

You have full control over how to build HAMA Monster bars with user-defined MA type, period, and smoothing options.

Key features:

Paint a new series of bars to interpret trend phases of the market
Allow defining moving averages (with 11 popular moving averages )
Allow smoothing moving averages
Allow adjusting bar colors and optionally showing/hiding bar wicks
Paint the background to clearly show uptrend vs downtrend
Colorize bars based on 2 phases: uptrend, downtrend
Trigger alerts on trend shift
Print markers on trend shift
Be NinjaScript ready for advanced usage, only restricted by your imagination
Expose dedicated NinjaScript signals

Dedicated NinjaScript Signals

Signal_Trend: 1 = uptrend, -1 = downtrend

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Indicators Improved My Charts. Hannah's Help And Great Customer Service. Will Buy Again.

I have been using the ninZa.co indicators for several months now and am very happy with what a valuable addition they have been to my charts. I recently decided to add one of the recently released indicators from ninZa.co. But after using for a few days, it wasn’t quite what I had been looking for. I contacted ninZa.co and had the pleasure of working with Hannah for an exchange to a different one of the many available indicators. At the time, the indicator I wanted to purchase to replace the one I had recently bought was on sale. Hannah put through an exchange and without my having to ask, gave me the advantage of the sale price. She also included a pdf that provided education about the indicator I chose to switch to. Any time I have had contact with one of the associates from ninZa.co, I have received excellent customer service, and will not hesitate to purchase from them again.

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ConnorsRSI Pro With Grace's Outstanding Customer Service

Thank you very much for your excellent customer service, Grace! You are doing an excellent job making customers' lives much easier.

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An Exemplary Customer Experience At NinZa.Co: Unveiling The Power Of Cumulative Delta

I'm a new customer with ninZa.co and i was needing help today in making a purchase. I made a request on your chat platform and Hannah came to my rescue. She helped me find the what I needed and even offered me a discount. Everything went very smoothly from that point. I made the purchase and she even provided me some documentation on the indicator. I am very pleased with her assistance. Thanks again Hannah for your excellent customer service !!

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Software Changelog

30 Jan 2023
- "Rounded To Tick Size" was added.
01 Jun 2022
- "Heiken-Ashi Open Weight" and "Crossover Offset" were added.
27 Aug 2020
- An issue with the transparent outline of HAMA bars was fixed.

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Because software products may be copied and stored easily, we will NOT issue refunds of any kind. ALL SALES ARE FINAL & NON-REFUNDABLE!

Futures, foreign currency, and options 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 one's financial security or lifestyle. 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.