Description
Platform
Availability for:
- NinjaTrader 7 platform: NOT PLANNED
- NinjaTrader 8 platform: AVAILABLE NOW
Notice
- Calculate mode: any modes
- Trader manual: not available
Profiting from sideways markets with ninZa.co’s NonlagMA Bands
Overview
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.
Features
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
Alerts:
- Popup alert
- Sound alert (configurable rearm)
- Email alert (possibly configured as SMS alert)
- Message displayed in Alerts Log window
NinjaScript readiness:
- Can be used in HelloWin Backtest
- our AMAZING backtesting software @ HelloWin.io
- 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_State: 1 = above upper band, -1 = below lower band, 0 = inside
Compatibility:
- Instruments: futures, stocks, indices
- Interval types: timebased or non-timebased, standard or custom
- Chart styles: whatever
Usability:
- Ready to use out of the box
- Fully configurable & customizable with ease
Media
Installation
Please read Installation Guide for details.
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.
Various types of trading software products, all under one roof!
Please check out our NinjaTrader 8 indicators to find ones that fit your needs.
Software Changelog
NinjaTrader 8 version:
- 20 Oct 2022 – The indicator was released (build new).
