NonlagMA Bands

Profiting from sideways markets with ninZa.co's NonlagMA Bands

NonlagMA Bands is an MA-based indicator that is mainly used to identify price reversals. It inherits most of the properties of our best seller NonlagMA Pro.

The indicator consists of 2 bands whose calculations are based on the mathematical cosine function. The upper band is a NonlagMA plot computed on the High price series, while the lower band is a NonlagMA line computed on the Low price series. The band zone can be expanded by a user-defined ninZaATR offset.

The power of NonlagMA Bands is its “return” signals which are generated when the price comes into the band zone after traveling outside, signaling potential price reversals.

With the ability to configure the ninZaATR offset, traders are capable of controlling how wide the band zone is. When you scale up the width of the band area, fewer return signals will be created, which often leads to higher rates of accuracy.

All in all, NonlagMA Bands is a perfect reversal indicator for sideways market conditions.

• Plot upper band and lower band
• Allow smoothing NonlagMA with
  11 popular moving averages
• Allow applying a plot change filter
• Allow expanding the bands with user-defined ninZaATR offset
• Print markers on band breakout
• Trigger alerts on band 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

• Signal_State: 1 = above upper band, -1 = below lower band, 0 = inside