Sidewayz MA

There are so many trend indicators out there but most of them face the same issue: they fail in a sideways or choppy market. Unfortunately, you can hardly find a good indicator that actually helps identity choppy phases.

That's why ninZa.co set a quest to research and develop powerful sideways detectors, one of which is Sidewayz MA.

Sidewayz MA (MA = Moving Average) is based on the fact that in a sideways market, 2 moving averages cross one another quite frequently within a tight range (crossovers deviate little). In Sidewayz MA, we use 2 moving averages with super-low periods to help detect sideways periods effectively.

This super indicator provides full options for you to design your preferred chop filters. Think of it as Photoshop or AutoCAD software, whose real power can only be discovered by users - not the developer.

IMPORTANT: We recommend you use our Easy Trend indicator or any moving average to help identify the major trend direction. You only trade long in an uptrend and only trade short in a downtrend.

• Detect sideways markets
• Allow configuring 2 moving averages used in sideways detecting algorithm (each moving average can be selected from
  11 popular moving averages
  )
• Allow smoothing each moving average with
  11 popular moving averages
• Allow specifying the number of MA crossovers used in sideways detecting algorithm
• Allow specifying max crossover deviation in ninZaATR unit
• Allow specifying max base zone's range in ninZaATR unit
• Allow specifying sideways bounds in ninZaATR unit
• Optionally show/hide MA plots
• Paint base zones
• Paint sideways zones
• Draw sideways bounds
• Draw sideways extensions
• Trigger alerts on sideways detection
• Print markers on sideways breakout
• Trigger alerts on sideways breakout
• Be NinjaScript ready for advanced usage, only restricted by your imagination
• Expose dedicated NinjaScript signals

• Signal_State: 1 = sideways, 0 = no sideways
• Signal_Breakout: 1 = break up, -1 = break down, 0 = no breakout