Woodie ZLR Pro

-40%
Regular Price $296 Special Price $178

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Upon purchasing this product, you will earn up to in your ZR Wallet

All sales are final and non-refundable What you’ll get with this one-time purchase
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Product Description

+ Woodie ZLR Pro is an indicator dedicated to ninZaRenko or equivalent renko charts.

+ This purchase does NOT include Easy Trend, which was used in our demo screenshots below to help identify major trends.

If you want to buy both Woodie ZLR Pro & Easy Trend, please contact us for a special discount.

If you are a trend follower who trades ninZaRenko or equivalent renko charts, Woodie ZLR Pro is definitely a nice fit.

ZLR stands for "Zero-Line Reject," which is a CCI pattern introduced by Ken Wood (Woodie). This pattern is observed when CCI leaves its high/low region, then penetrates through the zero line but quickly bounces back to create a sharp V-shaped reject off the zero line.

What does this pattern mean? ZLR means a trend has recovered after a pullback.

Trend followers can, therefore, consider a ZLR signal as a good opportunity to join a trend resumption.

Besides its ZLR functionality, this indicator also allows you to calculate CCI like never before. It gives you options to select MA type, configure multiplier, and smooth CCI.

Key features:
  • Plot CCI with Woodie's ZLR pattern
  • Allow configuring "Late Mode"
  • Allow configuring multiplier
  • Allow selecting from
  • Allow smoothing the moving average (with )
  • Allow smoothing CCI (with )
  • Highlight high & low regions
  • Trigger alerts on ZLR appearance
  • Print markers on ZLR appearance
  • Be NinjaScript ready for advanced usage, only restricted by your imagination
  • Expose dedicated NinjaScript signals
Dedicated NinjaScript signals:
  • Signal_State: 1 = high, -1 = low, 0 = middle
  • Signal_Reject: 1 = bullish, -1 = bearish, 0 = no signal

Software Changelog

  • 16 Jun 2021 - Massive changes, fixes and improvements were made (DPI, display name, Z order, alert properties, marker string, chart info, property naming/positioning/grouping).
  • 21 Feb 2020 - The indicator was released (built new).

Product Media

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From very happy customers... 500+ reviews →
  1. product_image Woodie ZLR Pro $$
    5 5

    Amazing

    Amazing, amazing help from the owner/creator of the indicators and this is not the usual with other companies I've tried!
    - Purchased Solar Wind + Intraday Adaptive S/R

  2. product_image Woodie ZLR Pro $$
    5 5

    I really appreciate your help Jennifer!

    Jennifer at ninZa.co is very helpful in getting my new Solar Wind indicator running.  Could not have done it without her. 5 stars! Thank you so much.

  3. product_image Woodie ZLR Pro $$
    5 5

    EOB Ordering

    Just purchased EOB Ordering and can say that it's a true dream when it comes to trying to submit orders on renkos. The settings make perfect sense! I tested it on the simulated feed and it was exactly as Pi just stated. I guess this is exactly what I expected when purchased. Well done sir! Maybe will purchase Innovative Ordering also in the future if needed. Well worth it.

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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