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Market Speed

-50%
Regular Price $296 Special Price $148

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Upon purchasing this product, you will earn up to in your ZR Wallet

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Product Description

Top 5 best-selling products loved by traders over the past 3 months:

PANA Kanal - Breakout Hunter - Imbalance Profile Lidar - SpaceGPS Satellite - Multi-Timeframe Fu$ion

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Do you know when the market is walking, when it's speeding, and when it's running extremely fast (a signal for something special that's going to happen)?

Our Market Speed will help! For your information, it adds a 1-tick data series running in the background to count ticks for all historical and real-time bars. Then it displays the speed of the market in meaningful numbers for you to easily understand. For example, you will see that during this bar the market travels at 10 ticks/minute but next bar it speeds up to 90 ticks/minute. That can be a very important signal for a critical event, such as trend reversal.

The major calculation is tick-over-time, but you can set the speed in 2 other units: displacement-over-time & volume-over-time.

(Displacement is equal to bar close minus bar open)

Key features:
  • Plot the market speed in the unit you choose
  • Allow choosing the speed unit: tick-over-time, displacement-over-time, volume-over-time
  • Allow choosing unit of time: second, minute, hour
  • Plot a moving average of the speed, which can be chosen from
  • Operate well in any Calculate modes: on bar close, on each tick, on price change
  • Allow calculating the displacement in points, ticks, or pips
  • Colorize the plot based on bar bias: up, down, doji
  • Be NinjaScript ready for advanced usage, only restricted by your imagination
  • Expose dedicated NinjaScript signals
Dedicated NinjaScript signals:
  • Signal_State: 0 = speed below/at average, 1 = speed above average

Software Changelog

  • 07 Sep 2024 - The alert, draw marker, colorized bar, and fill background features were added.
  • 20 Jul 2023 - A minor display issue with the "User Note" was fixed.
  • 20 Jan 2021 - Massive changes, fixes and improvements were made (display name, Z order).
  • 17 Jun 2019 - The extreme speed capping was added; The signal_state was added.
  • 27 Apr 2019 - The indicator was released (built new).

Product Media

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    ninZa.co

    I have been trading now going on 20 years. I have been using NinjaTrader 7 and had bought a 3rd party Renko Hybrid candlestick and Bar target indicator for NinjaTrader 7 sometime ago, however the vendor has not at this time come out with a NinjaTrader 8 version. So, I googled, looking to see if I could find something similar for NinjaTrader 8, that’s when I came across ninZa.co. Not only is ninZaRenko the same as the Renko Hybrid candles I was using in NinjaTrader 7, I now have the ability to refine the bars to a much greater degree giving me tighter stops, which equates to less Risk. I use the ninZaRenko bars and the Bar Status indicator in combination with a Stochastics indicator to confirm entries and exits in the treasury markets, the 10-year note (ZN) being my primary instrument. I also use the Bar Status indicator on my range bars as well. I look for patterns that repeat themselves that give a measured move better than 70% of the time and with ninZa.co's candles in combination with Stochastics, I have many more opportunities to enter the market. I really appreciate Larry Pi making these indicators available, they make my job a lot easier.
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    Purchased CCI Reversal Pro + CCI Trend Pro + Woodie ZLR Pro

    Very professional and nice-looking appearance. Can't take every signal but using a favorable stop and target ratio, can be very profitable. Took me from -1100 with my old methods to +650 taking only CCI package signals with ninZaRenko bars.

These testimonials may not be representative of the experience of other users or customers and do not guarantee future performance or success.

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