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Support/Resistance Radar

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Product Description

Powerful Heiken-Ashi Indicators Collection - 60% OFF

Heiken-Ashi Smoothed, Heiken-Ashi & MFI Blend, Heiken-Ashi Smart Delta

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

 

Software Changelog

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

 

Product Media

These media materials may have been recorded/captured in favorable markets. Please review our acceptable marketing practices.

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Internationalindicator
 
From very happy customers... 500+ reviews →
  1. product_image Support/Resistance Radar $$
    5 5

    Support Resistance Radar with fantastic supporter- Grace

    You are fantastic, Grace. Thank you for all your help.

  2. product_image Support/Resistance Radar $$
    5 5

    Market Profile Indicators

    This review covers the Market Profile Total, Market Profile Flexible and Market Profile Daily indicators. Well built and very reliable indicators. Performance is also excellent. I'm relying on these indicators in my day to day trading, using the L2ST trading framework. To anyone interested in profile trading, no matter if it's time or volume based, I can't recommend them enough. Also, Pi offers excellent customer service, both before and after purchase.

  3. product_image Support/Resistance Radar $$
    5 5

    Great Work!

    I'm using Karthik Dynamic RSI now which I like quite a lot, generally the whole concept of dynamic indicators is very interesting. A quick thank for all the great work you do, I think your indicators are awesome. And thank you for the fact that you provide quite many of them for free as well - great contribution to retail traders :-).

  4. product_image Support/Resistance Radar $$
    5 5

    Amazing Supply/Demand Discovery

    Just got your new Supply/Demand Discovery and it is truly a great improvement over everything else on the market. It will take me days to determine the best values for the variables for my different charts, but it will be worth the effort. - Purchased Supply/Demand Discovery + TDI Pro + Solar Wind + Intraday Adaptive S/R + Ruby River + Market Profile (Daily) + Day Range

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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