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Description
Platform
Availability for:
- NinjaTrader 7 platform: NOT PLANNED
- NinjaTrader 8 platform: AVAILABLE NOW
Notice
- Calculate mode: any modes
- Trader manual: not available
Overview
This is a classic indicator remade by ninZa.co.
Why is it superior? We just added an offset high and an offset low to form an upper cloud and a lower cloud. The offset can be defined in multiple units: ninZaATR, standard deviation or channel range.
If the market closes inside the upper cloud, we have an uptrend initiated. If it closes inside the lower cloud, we have a downtrend initiated. This is a simple yet awesome way to categorize market phases. Superior Donchian, therefore, helps you ride a massive trend to the very end for the highest profit possible.
In this indicator, ninZaATR is used (instead of regular ATR) for better performance. For your information, ninZaATR is ninZa.co's special ATR version that helps improve indicator performance significantly on intraday charts. It is also a standalone FREE indicator for ninZaFamily → https://ninza.co/product/ninzaatr.
Key features:
- Plot the traditional Donchian channel
- Add an offset high & an offset low to form an upper cloud and a lower cloud
- Allow calculating the offset based on ninZaATR, standard deviation or channel range
- Allow smoothing moving average
- Colorize bars to clearly show uptrend vs downtrend
- Colorize plots to clearly show uptrend vs downtrend
- Allow painting the upper and lower cloud separately
- Trigger alerts on trend shift
- Print markers on trend shift
- 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 ninZa.co's GRAND* HelloWin (our AMAZING analysis tool)
- 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 = uptrend, -1 = downtrend
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:
- 06 Apr 2021 – A minor issue was fixed.
- 20 Mar 2021 – Regular ATR was replaced with ninZaATR for better performance; massive changes, fixes and improvements were made (DPI, display name, Z order, alert properties, marker string, bar painting, chart info, property naming/positioning/grouping).
- 23 Jul 2019 – Sound selector was fixed.
- 05 Apr 2019 – The indicator was released (built new).
