Description
Returning customers & ninZaFamily members
can get this product at 30% discount [contact]
Platform
Availability for:
- NinjaTrader 7 platform: NOT PLANNED
- NinjaTrader 8 platform: AVAILABLE NOW
Overview
+ This is a repainting indicator. Please read Trader Manual to understand how it works.
+ A great use of this indicator is higher-timeframe overlay. Please watch this video for technical instruction.
This is a legendary indicator in the forex arena, and ninZa.co successfully brought it to the NinjaTrader world.
This is one of the best indicators that we have ever seen (though it repaints).
The primary use of this fantastic indicator is to catch beautiful PULLBACKS in a major trend. When the market travels outside the upper/lower bound and then returns inside again, a pullback signal is validated.
You will need to be careful that you only trade in the TREND direction. If the major trend is upward, you only take long signals; and if the major trend is downward, you only take short signals.
Thoughts it repaints, Magical TMA Bands is equipped with 2 backup plots: original upper bound & original lower bound. They are kept UNMODIFIED (not repainted ever) to help you be able to see the real history of what happened.
All the signals are also based on these original plots. In other words: once printed, signal markers will stay as-is (not readjusted or removed ever).
In this indicator, ninZaATR is used (instead of regular ATR) for better performance. For your information, ninZaATR is ninZa.co's special ATR version that helps improve indicator performance significantly on intraday charts. It is also a standalone FREE indicator for ninZaFamily → https://ninza.co/product/ninzaatr.
Key features:
- Plot a center line based on the period you specify, which controls the degree & scope of repainting
- Plot 2 bounds at a distance from the center line, in ninZaATR unit
- Plot 2 mid bands at a custom position between the center line and the bounds
- Plot original upper bound & lower bound
- Print markers on bound breakout
- Trigger alerts on bound breakout
- Print markers on price return
- Trigger alerts on price return
- Be NinjaScript ready for advanced usage, only restricted by your imagination
- Expose dedicated NinjaScript 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 NinjaScript signals:
- Signal_State: 1 = above upper bound, -1 = below lower bound, 0 = inside
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.
Various types of indicators, all under one roof.
Please check out all of our NinjaTrader 8 indicators.
Changelog
NinjaTrader 8 version:
- 06 Aug 2020 – Original upper & lower bounds were added; alerts on price return were added; regular ATR was replaced with ninZaATR for better performance; massive changes, fixes and improvements were made (DPI, display name, Z order, alert properties, marker string, bar painting, chart info, property naming/positioning/grouping); alert popup was visually enhanced.
- 23 Jul 2019 – Sound selector was fixed.
- 23 Mar 2019 – The licensing system was critically upgraded.
- 11 Sep 2018 – The indicator was re-exported to be compatible with recent changes of the platform; the toolbar menu was removed.
- 21 Aug 2017 – The indicator was released (built new).
