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Triple-Range Rover

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Product Description

Like a rover that never stays in one place, Triple-Range Rover is an advanced range rover indicator for NinjaTrader designed to constantly keep up with the latest price development with the lowest possible lag, enabling you to follow the trend more quickly.

Using a proprietary algorithm, we combined 3 moving averages with special inputs into only 1 Triple-Range Rover plot. Each moving average comes with an additional Range attribute, which serves as a weight for these moving averages. You have the flexibility to adjust values for the period and range of each moving average in the settings.

What's unique about Triple-Range Rover? It can keep you in a strong trend until the very end, without "hiccups" in the middle.

Other trend indicators often show "hiccups," which means a Green uptrend will switch to a Red downtrend but just temporarily for a few bars, then resume to a Green uptrend again (so annoying)

Please see the pic below... which shows so SMOOTH uptrends & downtrends... Fewer hiccups.

Triple-Range Rover, a Range Rover indicator for NinjaTrader, works

Unlike traditional trend indicators that are unreliable in sideways markets, this range rover indicator for NinjaTrader provides reliable signals in trending markets and also in choppy markets that are sideways in a wide range. The indicator's trend signals are very close to swing points, suggesting that it is more sensitive to changes in prices compared to other conventional trend indicators.

Even though trend indicators carry the "lagging" nature, Triple-Range Rover is highly responsive to market price movements. We are glad to bring a good choice to you, who are searching for a price-sensitive trend indicator.

Dedicated NinjaScript Signals

Signal_Trend: 1 = uptrend, -1 = downtrend
Signal_Trade: 1 = uptrend start, -1 = downtrend start, 0 = no signal

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03 Apr 2023
The indicator was released (build new).

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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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