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Inside Bar Pro

$99

  • License

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Description

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PECIAL OFFER

Upon purchasing this indicator, you will receive 2 FREE sounds that read “inside bar” in male and female voices for alerts.

Platform

Availability for:

  • NinjaTrader 7 platform: NOT PLANNED
  • NinjaTrader 8 platform: AVAILABLE NOW

Overview

This is one of the most important candlestick patterns widely used by pros, now enhanced by ninZa.co. Inside Bar Pro detects a region of sideways price consolidation, making it easy for price action traders to identify critical moments when the market breaks outside a mother bar’s range.

The Strict mode of Inside Bar Pro lets you decide how inside bars are defined:

  • Strict mode enabled (traditional definition): Inside bars are identified by comparing the high & low of the current bar to the high & low of the mother bar.
  • Strict mode disabled (more flexible definition): Inside bars are identified by comparing the open & close of the current bar to the high & low of the mother bar.

Here are some common uses of inside bars in reality:

  • In a trending market, traders often seek for an inside-bar pattern. Then if the market breaks out in the trend direction, they will have an opportunity to join the trend or scale in their existing position.
  • At support/resistance zones, if there is an inside-bar pattern and then the market breaks out in the direction opposite to the prevailing trend, traders may consider that as a signal of trend reversal.
  • When seeing an inside-bar pattern on the current timeframe, traders may zoom in a smaller timeframe for a clearer view of the price consolidation and upcoming breakout.

The indicator also allows filtering mother bars based on their sizes. For example, you can define that mother bars must be at least 0.5 ATR or 10 ticks.

Key features:

  • Identify inside bars based on the Strict mode you select
  • Allow specifying the minimum size of mother bars based on ATR or tick unit
  • Draw range high & low based on mother bar’s high & low, adjustable by a user-defined offset
  • Paint the region between range high & range low to clearly show the box containing inside bars
  • Trigger alerts on inside bar detected
  • Trigger alerts on breakout
  • Print markers on breakout
  • Be NinjaScipt ready for advanced usage, only restricted by your imagination
  • Expose dedicated NinjaScipt 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 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 NinjaScipt signals:

  • Signal_State: 0 = normal, 1 = mother bar, 2 = inside bar
  • Signal_Break: 0 = normal, 1 = break up, -1 = break down

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

Bonus

Upon purchasing this indicator, you will receive 2 FREE sounds that read “inside bar” in male and female voices for alerts. FYI, these sounds are created with our Alert Sound Maker.

Media

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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