Identify cleaner trend direction with DMI+/DMI- crossovers, smoothing, crossover-tolerance filtering, and color-coded trend states in iTrend Pro for NT8.
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Are you a Day Trader or Swing Trader who utilizes trend identification to execute intermediate to long-term trades?
If so, iTrend Pro is the right indicator for you.
Compared to the existing iTrend indicators available in the market, our iTrend Pro stands out with its unique features.
Have you ever struggled to visually differentiate between Uptrend and Downtrend on the chart when utilizing a classic iTrend indicator?
We understand the frustration associated with this issue, and that's why we have implemented enhancements to emphasize the changes in trend states, greatly improving your experience in monitoring trends.
The background and markers of iTrend Pro are color-coded in Green/Pink to represent the Up/Down trend, enabling you to easily identify the trend regardless of where youâre looking at on the chart.
Additionally, the spread between DMI+ and DMI- has been color-coded based on the following rules:
If DMI+ crosses above and stays above the DMI- line, an Uptrend signal is triggered, and the spread between DMI+ and DMI- is highlighted in green.
If DMI+ crosses below and stays below the DMI- line, a Downtrend signal is triggered, and the spread between DMI+ and DMI- is highlighted in pink.
By doing so, our iTrend Pro enhances the visual aspect on the chart, eliminating confusion between the two trends if you solely rely on the color displayed by the two plot lines.
In addition, we have enhanced iTrend Pro with 2 powerful tools that are not found in other similar indicators. These tools help you obtain highly-reliable signals for trend identification:
Noise Reduction: By utilizing the Smooth tool, small and frequent intersections or crossovers are smoothed out, reducing noisy signals.
Plot Distance Setup: Crossover Tolerance is a parameter that defines the distance between the two DMI+ and DMI- plot lines immediately after they intersect. Signals will be selectively displayed when these two plot lines cross, and the distance between them is equal to or greater than the specified number in the Crossover Tolerance parameter.
Thanks to these 2 tools, iTrend Pro excels in minimizing cases where multiple noisy signals occur when the two DMI plot lines continuously cross each other within a short period of time. Traders can focus on dependable signals that meet the required number, ensuring better assessments of the prevailing trend.
In conclusion, iTrend Pro is an optimized trend indicator that builds upon the conventional usage of DMI+ and DMI- plot lines. What sets iTrend Pro apart from similar indicators in the market are its advanced features, which include noise signal filtering, trend signals, and intuitive color visualization of trend states. With these exceptional qualities, iTrend Pro becomes an essential addition to your collection of high-quality indicators.
If you already know the problem but not the tool, our index of indicators for NinjaTrader 8 is searchable by what each one solves. Try describing your issue and see what comes up.
Dedicated NinjaScript Signals
Signal_Trend: 1 = uptrend, -1 = downtrend
Software Changelog
24 Jul 2023:The indicator was released (built new).
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Due to the ease with which software products can be stored and copied, no returns will be accepted and no refunds will be issued. ALL SALES ARE FINAL & NON-REFUNDABLE.
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4.9
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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 wasnât 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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Smart Ruler
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The indicator is working perfectly
The indicator is working perfectly. You guys are the best - Purchased Smart Zoom + Supply/Demand Discovery
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Awesome Indicator And Pi Rocks
This is my story, I ordered the Day Range indicator for NIFTY India. To my dismay, it didn't work well as it calculated ranges in ticks. I asked Larry Pi if there was a workaround, and he created a new version with all the choices for range unit: points, ticks, pips. He was with me all through the process, with very short turnaround cycles. So don't hesitate at all to pick what you want! You won't regret.
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Just got your new Supply/Demand Discovery and it is truly a great improvement over everything else on the market. It will take me days to determine the best values for the variables for my different charts, but it will be worth the effort.
Research Domains
Full spectrum of trading intelligence across diverse domains. Explore all domains
Supply & Demand
Spot where supply or demand takes control
Analyze buying and selling pressure to identify where supply or demand dominates. Anticipate potential price reactions and uncover higher-probability trading opportunities around these areas.
Analyze trading volume to assess market participation and buying or selling pressure. Identify accumulation, distribution, trend confirmation, and notable shifts in market activity.
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