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Product Description
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.
Key Features
- 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
Dedicated NinjaScript Signals
- Signal_State: 1 = above upper band, -1 = below lower band, 0 = inside
Product Media
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From Happy Customers
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Indicators Improved My Charts. Hannah's Help And Great Customer Service. Will Buy Again.
I have been using the ninZa.co indicators for several months now and am very happy with what a valuable addition they have been to my charts. I recently decided to add one of the recently released indicators from ninZa.co. But after using for a few days, it wasn’t quite what I had been looking for. I contacted ninZa.co and had the pleasure of working with Hannah for an exchange to a different one of the many available indicators. At the time, the indicator I wanted to purchase to replace the one I had recently bought was on sale. Hannah put through an exchange and without my having to ask, gave me the advantage of the sale price. She also included a pdf that provided education about the indicator I chose to switch to. Any time I have had contact with one of the associates from ninZa.co, I have received excellent customer service, and will not hesitate to purchase from them again.
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I'm a new customer with ninZa.co and i was needing help today in making a purchase. I made a request on your chat platform and Hannah came to my rescue. She helped me find the what I needed and even offered me a discount. Everything went very smoothly from that point. I made the purchase and she even provided me some documentation on the indicator. I am very pleased with her assistance. Thanks again Hannah for your excellent customer service !!
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Software Changelog
20 Oct 2022
- The indicator was released (built new).
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