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Lastweek Critical S/R

$99 $74

  • License

Description

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Platform

Availability for:

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

Overview

You need to load at least 20 days of data for this indicator to work.

Following the great welcome and high appreciation that our customers have been reserving for Prevday Critical S/R, ninZa.co developed this indicator – which is based on a similar concept but this time it helps project last week‘s levels onto the current trading week.

The previous week is a solid reference for the current week’s trading. The market often rests, retraces, or reverses around last week’s high, low, close, center – which therefore becomes critical support/resistance levels for today’s session.

An upper mid & a lower mid based on last week’s range are also added because of their high values as support/resistance. You will be astonished when seeing them in action.

How many times have you bought near last week’s high or sold near last week’s low, and then got stuck in bull/bear traps? The market frequently bounces or reverses around last week’s high and low (at least temporarily) but you are tempted to make innocent trades there – just because you don’t recognize these critical levels. Our indicator plots last week’s critical support/resistance levels onto the current week, helping you never forget these important zones.

The market breaking above last week’s high or below last week’s low is an important event, on which the indicator will trigger alerts to notify you. The price regions above the high and below the low are optionally shaded for you to easily monitor.

There are as many as 6 plots. If you don’t need one, please set its color to “transparent” to hide it from chart.

Key features:

  • Plot last week’s high, low, close, center
  • Plot an upper mid & a lower mid based on last week’s range (fully configurable)
  • Paint price regions above last week’s high and below last week’s low in 2 different colors
  • Trigger alerts on last week’s range breach
  • Print markers on last week’s range breach
  • 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: 2 = above high
  • Signal_State: 1 = between center and high (inclusive)
  • Signal_State: 0 = at center
  • Signal_State: -1 = between center and low (inclusive)
  • Signal_State: -2 = below low

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

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.

■ 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.
  • Instant download access to FREE indicators + ninZaRenko ($1000+ worth)
  • Awesome trick about multi-timeframe charting (save you hundreds of $)
  • Deep welcome discount to support your first purchase
  • Invite to internal sales & special offers, only for ninZaFamily members
  • Timely notifications: giveaways, indicator updates, tips & tricks, bug fixes, new releases, security issues...
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