PRIME* Supply/Demand Discovery

$199

(*) Truly prime. View all PRIME* indicators

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Description

Returning customers & ninZaFamily members
can get this product at 20% OFF [contact]

Platform

Availability for:

  • NinjaTrader 7 platform: NOT PLANNED
  • NinjaTrader 8 platform: AVAILABLE NOW

Overview

Supply/demand is a very famous trading method that helps traders gauge & take advantage of trading actions made by BIG PLAYERS (like banks or funds), whose heavy positions seriously impact the market.

Unfortunately, each trader draws supply/demand zones differently. And ironically: when asked how they draw supply/demand zones, what their rules are – they even cannot answer with certainty and clarity. This makes it nearly impossible to code a great NinjaTrader supply and demand indicator.

That’s why ninZa.co set a quest to develop this challenging indicator for the NinjaTrader community. Supply/Demand Discovery, our success & pride, is one of the very rare supply/demand indicators for the NinjaTrader platform, and perhaps the most accurate version!

Why is ours the most accurate version? Because it does NOT repeat the mistake of other existing supply/demand indicators: they all just draw supply/demand zones from market tops/bottoms.

This makes supply/demand nothing but support/resistance (we already have Naked Extrema for support/resistance). However, a critical thing traders must understand is that: supply/demand and support/resistance are 2 different things, not one!

Our Supply/Demand Discovery indicator truly reflects the mechanism of supply & demand – the 2 forces behind all price discoveries of all markets. Here are the correct definitions:

  • A supply zone is where the supply overwhelms the demand (sellers dominate). This makes the price PLUMMET.
  • A demand zone is where the demand overwhelms the supply (buyers dominate). This makes the price ROCKET.

As you see, supply/demand zones do not just show up at tops/bottoms. They may occur somewhere in the MIDDLE, which is the key difference to support/resistance.

Our super indicator discovers supply/demand zones by searching for large moves happening within a very short period (on chart: you see the price rocket/plummet). It allows you to fully define criteria of a large move (example: at least 3 ATR within 3 bars, or at least 10 ATR within 7 bars…).

Supply/Demand Discovery is extremely helpful for many common trading styles:

  • Reversal trading: If a false breakout occurs, the odd for seeing a successful reversal is very high.
  • Support and resistance: Supply and demand zones are natural support and resistance levels.
  • Stop loss and take profit: Always place your profit target ahead of a zone and set your stop order behind a zone.

To dig further on this important topic, please read the following great article → 6 Secrets for Supply/Demand Trading.

Key features:

  • Draw active supply/demand zones
  • Draw inactive supply/demand zones
  • Allow defining lookback in bars or days
  • Allow choosing between 6 modes for the near price: wick, body, full range, one third, mid, two third
  • Allow extending the far price by taking into account the bar just before a zone’s start bar
  • Allow limiting the height of supply/demand zones
  • Allow customizing styles for active supply & demand zones separately
  • Allow customizing styles for inactive supply & demand zones separately
  • Allow hiding inactive supply/demand zones
  • Print price labels for active supply/demand zones
  • Allow quick on/off indicator switch & alert switch via customizable & draggable toggles
  • Trigger alerts on zone proximity approach (in both modes: on bar close & on price change)

Alerts:

  • Popup alert
  • Sound alert (configurable rearm)
  • Email alert (possibly configured as SMS alert)
  • Message displayed in Alerts Log window

Compatibility:

  • Instruments: CFDs, forex, futures, indices, options, stocks
  • 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.
In NinjaTrader 8 platform, you even have access to our PRIORITY SUPPORT directly from chart.
Please read Customer Service for details.

Upgrade

All upgrades for NinjaTrader 7 and NinjaTrader 8 are FREE to request.
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!
Upon purchasing this indicator, you agree to be bound by Terms of Service.

Various types of indicators, all under one roof.
Please check out all of our NinjaTrader 8 indicators.

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