Superior Donchian
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Product Description
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This is a classic indicator remade by ninZa.co. But 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
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
30 Days ninZa Exchange
If you are not satisfied with an indicator you’ve bought, you may request us to replace it with another indicator of the comparable price for you.
Software Changelog
Apr 06, 2021
A minor issue was fixed.
Mar 20, 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).
Jul 23, 2019
- Sound selector was fixed.
Product Media
How to Install?
Step by step guide on how to install the indicators
From Happy Customers
By: Nick K
Love ninZa.Co!
I’ve just purchased another indicator and it’s amazing! They always work great and and do exactly what is described. I’ve alway know and trust you guys as you can see, as I now have several! Thank you! Love ninZa.co! - Purchased EOB Ordering + Smart Flattening + HAMA Monster + Smart Ruler + Easy Trend + SuperTrend Pro + Innovative Ordering
By: M.
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.
By: Bartosz
Grace Goes Above And Beyond: A Customer Support Experience That Exceeds Expectations!
Thank You, Grace! Your support is extraordinary I wish all companies have such great support. Keep going I’m 200% satisfied.
By: Kari L.
ConnorsRSI Pro With Grace's Outstanding Customer Service
Thank you very much for your excellent customer service, Grace! You are doing an excellent job making customers' lives much easier.
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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.
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