[Free] ninZaATR

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Product Description

ninZaATR is ninZa.co's special ATR formula. It's the best smoothed NinjaTrader ATR indicator, which essentially contributes to the great success of many of our best sellers like Ruby River, Supply/Demand Discovery, Solar Wind, SuperTrend Pro...

Regular ATR takes into account the previous bar’s close. This is okay on daily, weekly, monthly charts but a big issue on intraday charts (minute, tick, ninZaRenko…). Why? Because day-to-day gaps can be considerable, big, or huge – and then they scale up ATR abnormally and unreasonably!

That’s why in our ninZaATR, the first thing we changed is to eliminate the previous bar’s close, and therefore remove gaps from ATR calculations. We only take into account bar ranges (bar low to bar high).

Next, we smoothed ATR to help ATR change much more slowly. As you know, ATR is a standard unit to measure distances on charts. One ATR is completely similar to a one-meter ruler. If its value changes quickly, our measurements become less accurate, less reliable. Imagine, how can we correctly measure things if our one-meter ruler is 3 feet in the morning but in the afternoon, the one-meter ruler collapses to only 2 feet? This is exactly what happens to regular ATR!

We solved this problem sweetly by smoothing ATR with 2 layers.

The first layer uses SMA, and the second layer uses ninZa.co’s special formula.

Finally, we derived ninZaATR: a smoothed ATR version that is very stable and immune to gaps.

It helps improve indicator performance significantly on intraday charts.

Now, important: how to use ninZaATR? ninZaATR can be called from codes easily:

double atr = ninZaATR(Period);

Recommended values for Period should be from 50 to 100. We hope that ninZaATR can help improve your indicators or open-source indicators. You just need to replace the regular ATR with ninZaATR, using the statement mentioned above.

Key features:
  • Eliminate gaps, especially day-to-day gaps
  • Smooth ATR with layer #1, using SMA
  • Smooth ATR with layer #2, using ninZa.co's special formula
Media

Software Changelog

  • 31 Jul 2020 - The indicator was released (built new).

Product Media

These media materials may have been recorded/captured in favorable markets. Please review our acceptable marketing practices.

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Support

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  • On NinjaTrader 8, you even have access to our PRIORITY SUPPORT directly from charts.

  • Please read Customer Service for details.

Software upgrade

  • 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.

Terms

  • 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.

From very happy customers... 500+ reviews →
  1. product_image [Free] ninZaATR $$
    5 5

    EOB Odering With Superior Customer Care & Great Sense Of Urgency

    Hannah & Grace, I really appreciate the sense of urgency you both demonstrated in fixing the EOB Ordering indicator importation error, I had NT8 which turned out to be another vendor's indicators that were causing the problem. When I reported the issue to Hannah, she immediately arranged with Grace for a remote session to troubleshoot. Roughly 2 mins later Grace and I were connected remotely. Grace solved it in a timely manner!! These girls are GENIUSES!

  2. product_image [Free] ninZaATR $$
    5 5

    Efficient Indicators

    It's just that you have developed such efficient indicators (Prevday Critical S/R + Intraday Adaptive S/R) that I felt there is more that can be done with them. You should put 2-3 indicators of ninZa.co's together to create a working system.

  3. product_image [Free] ninZaATR $$
    5 5

    Enthusiastic Customer Support Team

    Robin was very helpful and friendly. Robin represents your company very well. I hope to speak with Robin again in the future.

  4. product_image [Free] ninZaATR $$
    5 5

    Triple-Range Rover Made Easy Thanks to Grace's Assistance

    I have just purchased Triple-Range Rover, Grace was very helpful in assisting me with the purchase, the download, and the manual, and now I can start making some profits.

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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