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Round Number indicator for NinjaTrader is a very simple tool, but perhaps one of the most POWERFUL ones you have ever seen!
Whole or round numbers tend to cause significant psychological effects on trading decisions, and therefore on market movements. Have you heard that ES is likely to reach 2000? Traders will hold their long positions tightly and just take profits at around 2000; this is the so-called "magnet effect" that attracts the price toward beautiful whole or round numbers.
You know the importance of psychological support & resistance levels. However, sometimes you remember them and sometimes you forget because they are not printed on your chart. Inconsistency is bad behavior in trading! That's why this round number indicator was created for the NinjaTrader platform.
The indicator automatically prints horizontal lines at whole or round numbers, based on a step (in ticks) you specify. For example, if you set a step of 100 ticks for EUR/USD, horizontal lines will be printed at 1.2000, 1.2100, 1.2200... Or if you set a step of 40 ticks (10 points) for ES, horizontal lines will be printed at 2000, 2010, 2020...
The indicator supports up to 3 user-defined steps at the same time. To illustrate, you may have horizontal lines printed every 100 ticks, 50 ticks, and 25 ticks.
Not sure which category you need? The overview of NinjaTrader addons breaks them down by trading style.
Watch the indicator in action. Step-by-step guides, live trading, and feature overviews.
Every purchase includes a perpetual software license, granting you the right to use the software indefinitely on the number of computers permitted by your license.
Every purchase includes guided installation assistance.
Purchases with Premium Services also include white-glove software setup and onboarding, along with personalized trading setup and workflow optimization.
Software updates & upgrades are provided at no additional cost.
For products with a modular structure, this coverage applies to the core product, while optional expansion modules may be offered separately.
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Every purchase includes lifetime support via email & chat, delivered by our renowned Customer Care team – widely recognized throughout the trading community for its world-class service.
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Every purchase includes up to 3 complimentary remote assistance sessions, available within 30 days of purchase – with each session lasting up to 30 minutes.
Purchases with Premium Services include up to 6 sessions within 60 days of purchase, with priority scheduling and longer session durations.
Customers may request up to 3 product exchanges within 30 days of purchase, at little or no additional cost when exchanging for a comparable product.
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Due to the ease with which software products can be stored and copied, no returns will be accepted and no refunds will be issued.
ALL SALES ARE FINAL & NON-REFUNDABLE.
From individual traders to pros and institutional trading teams...
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Analyze volume and value distribution across price levels to identify concentrated trading activity and key value areas. Highlight levels that may influence future price reactions and moves.
Analyze changes in price volatility to assess market conditions. Help traders identify consolidation and expansion phases while evaluating the potential for significant price movements.
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Because software products may be copied and stored easily, we will NOT issue refunds of any kind. ALL SALES ARE FINAL & NON-REFUNDABLE!
Futures, foreign currency, and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one's financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.
NinjaTrader® is a registered trademark of NinjaTrader Group, LLC. No NinjaTrader company has any affiliation with the owner, developer, or provider of the products or services described herein, or any interest, ownership or otherwise, in any such product or service, or endorses, recommends or approves any such product or service.