- NinjaTrader 7 platform: NOT PLANNED
- NinjaTrader 8 platform: AVAILABLE NOW
- Calculate mode: any modes
- Trader manual: not available
The most-used technical indicator must be the moving average. However, the trading world seems to have forgotten its brother which is mathematically a better measure of central tendency: moving median.
The concept of “moving” is the same. So, what is “median”? It is the one that stands exactly in the middle of a sorted series (if a series is unsorted, we have to sort it first). If a series has an even number of elements, its median is the average of the 2 middles. For example, the median of the series “3, 8, 12, 25, 31” is 12; the median of the series “3, 8, 12, 25” is (8 + 12)/2 = 10.
Why does a median measure central tendency better than an average? Because an average is much more sensitive to outliers, which are extreme values often observed at spike bars. Being more immune to outliers, a moving median tends to be a smoother and more stable plot.
ninZa.co is one of the only vendors that provides an accurate and professional moving median indicator. No trading platforms offer a built-in moving median indicator, except Interactive Brokers.
- Plot moving median with configurable period
- Allow smoothing Input with 11 popular moving averages
- Allow applying a plot change filter
- Paint background to show 2 phases: uptrend, downtrend
- Colorize bars based on 2 phases: uptrend, downtrend
- Colorize plot based on 2 phases: uptrend, downtrend
- Print markers on trend shift
- Trigger alerts on trend shift
- Be NinjaScript ready for advanced usage, only restricted by your imagination
- Expose dedicated NinjaScript signals
- Can be used in ninZa.co's GRAND* HelloWin (our AMAZING analysis tool)
- 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_Trend: 1 = uptrend, -1 = downtrend
- Instruments: futures, stocks, indices
- Interval types: timebased or non-timebased, standard or custom
- Chart styles: whatever
- Ready to use out of the box
- Fully configurable & customizable with ease
Please read Installation Guide for details.
FREE support for life! Feel free to ask us anything, anytime.
On NinjaTrader 8, you even have access to our PRIORITY SUPPORT directly from charts.
Please read Customer Service for details.
All software upgrades for NinjaTrader 7 are absolutely FREE of charge.
All software upgrades for NinjaTrader 8 are absolutely FREE of charge.
A one-time low fee may be required for an upgrade from NinjaTrader 7 to NinjaTrader 8.
Please read Upgrade Policy for details.
ALL SALES ARE FINAL & NON-REFUNDABLE!
Because software products may be copied and stored easily, we will NOT issue refunds of any kind.
Upon purchasing this software, you agree to be bound by Terms of Service.
NinjaTrader 8 version:
- 25 Nov 2022 – The indicator was released (built new).