PRIME
Support/Resistance Radar

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Regular Price $496 Special Price $298

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Product Description

This indicator uses swing-point analysis. A delay of N bars is required for a swing to be detected. Therefore, the swing point appearance is delayed by N bars, where N = 10 by default for accurate identification (N is at least 1). However, this delay is not serious because of the long-term effect of the support/resistance, often tens or hundreds of bars afterward.

How can we catch a swing high exactly at its peak?

Only after more bars without a further price increase can we know it is a swing high.

Do you love NinjaTrader Support Resistance indicator?
Do you want to see a unique S/R indicator? Yes! Us too!

Support/Resistance Radar is our excellent PRIME* indicator in the S/R family that took us two years to develop. It was made with swing points, the visual concept of Market Profile, and our proprietary algorithm. The final result is an amazing tool that can find outstanding S/R zones. It helps traders traverse the market and take opportunities, much like radar helps a plane navigate.

Swing point – the core element of our best-seller Divergence Engine$ – is the backbone of the indicator. It helps calculate and draw S/R zones. The indicator finds qualified swing points and then groups them together by vicinity to create an S/R zone. Depending on the data mode you choose, a zone’s value is displayed either in cumulative swing strength or by the total number of points. Finally, multiple zones stack together in the form of volume profile. Thus, it’s new but will feel familiar to most traders.

You will be stunned, just like we were, when you first apply this support resistance indicator ninjatrader 8 to your chart and see the power of those swing points that make the S/R zones. For such a simple idea, the effectiveness is beyond imagination. These zones are places where the market frequently aims for rest, bounces, and reverses. Like real radar, it helps traders navigate the market to find a good spot for a position, or just to warn them about choppy movement ahead.

Support/Resistance Radar provides 2 data types for you to choose from:

  • SwingStrength: In this mode, “Strength” indicates how far the price bounces off from the swing price, like a radar’s waves bounce off from objects. Cumulative strength of points within a zone represents the value of that zone.
  • SwingCount: In this mode, the number of points within a zone represents the value of that zone.

Key features:

  • Allow selecting profile data type: SwingStrength or SwingCount
  • Allow configuring swing point’s neighborhood
  • Allow configuring swing point’s monitoring period
  • Allow configuring swing point’s minimum strength
  • Allow configuring S/R zone max height (ticks)
  • Allow filtering peak line by neighborhood
  • Allow customizing the color & visibility of swing points
  • Allow customizing the color & visibility of peak line
  • Allow painting profile with colors gradient to highlight where profile data distributes most or least
  • Allow quick on/off switch via a draggable & customizable toggle, WITHOUT reloading chart

Dedicated NinjaScript signals:

  • Signal_Trend: 1 = uptrend, -1 = downtrend
  • Signal_State: 1 = high, -1 = low, 0 = middle
  • Signal_Trade: 1 = uptrend start, 1 = downtrend start, 0 = no signal

Software Changelog

  • 28 Feb 2024 - The indicator was released (build new).

 

Product Media

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  1. product_image Support/Resistance Radar $$
    5 5

    I have moved far from traditional RSI. The idea of Karthik Dynamic RSI seemed worthwhile

    It took me a while to get feel for this indicator, but when I looked at the high and low line as a type of hi-lo channel similar to a Donchian channel, it suddenly made sense. When learning it helps to thicken the width and then when you get accustomed to using them you can drop back to the default more subtle appearance. You will also find many instruments have a characteristic period setting. in summary, you have to spend some time with the indicator over several instruments then the value of it will become apparent.

  2. product_image Support/Resistance Radar $$
    5 5

    Highly Recommended Service - Ms. Hannah

    ninZa.co Hannah has provided timely service on information and purchases. Foreign support is generally complained about, but ninZa.co Hannah has been attentive and responsive to my email communications. For that I thank her and she reflects positively on ninZa.co.

  3. product_image Support/Resistance Radar $$
    5 5

    Supply Demand Discovery with Excellent Support from Grace - Highly Appreciated!

    Got it to work, thank you, Grace! Thank you again for all your help and quick responses, truly appreciate it!

  4. product_image Support/Resistance Radar $$
    5 5

    Unrivaled Indicators And Exceptional Customer Support

    Unrivaled Indicators And Exceptional Customer Support: My Experience With Hannah ninZa.co is an awesome company with fantastic indicators and outstanding customer support. I have had the pleasure of dealing with Hannah on multiple occasions and she was just mind-blowing, very accommodating, and prompt in her responses. I couldn’t applaud her enough.

These testimonials may not be representative of the experience of other users or customers and do not guarantee future performance or success.

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