PRIME* Magical TMA Bands

$169

(*) Truly prime. View all PRIME* indicators

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Description

~100 pro indicators of various types, all under one roof

Returning customers & ninZaFamily members
can get this product at 20% OFF [contact]

Platform

Availability for:

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

Overview

CRITICAL NOTES:
+ 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.

■ 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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