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  • [Free] ninZaATR

[Free] ninZaATR

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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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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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Installation

Support

  • 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.

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

    Practical Indicators

    I have purchased the Opening Print and Superfast Ordering scripts - Been very happy with the indicators and service provided by Pi. He has been very responsive to any alterations that I have suggested. Many thanks !!

  2. product_image [Free] ninZaATR $$
    5 5

    Wonderful Customer Support

    Appreciate the wonderful customer support you have provided, especially Grace from ninZa.co home!

  3. product_image [Free] ninZaATR $$
    5 5

    Excellent Support From Grace: Problem Solved!

    I would say that you did a great job with the support you provided, Grace. Very eager to help and you solved my problems. Thank you again for your help.

  4. product_image [Free] ninZaATR $$
    5 5

    Grateful For Your Tremendous Support

    Thank you for your great support, your great indicators and great support very appreciated.

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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With one-time payment, you receive all these perks without any hidden fees.
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Affordability doesn't compromise the essential, excellent, and elegant qualities that define our products.
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With our extensive experience, we have the industry skills and know-how to craft high-quality indicators.
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Our dedicated team are committed to promptly addressing all your inquiries within 24 business hours.
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Rest assured, our exchange program ensures your purchase is fully protected.