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Woodie ZLR Pro

-49%
Regular Price $296 Special Price $151

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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

[NEW System] Zephyrus Force: Smart and unique Trailing stop for optimal exit points. See the charts now!

+ 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

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

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

    Market Profile (Flexible) - Just Great !!!

    Thank you for this tool, Market Profile (Flexible).
    It helps me very much for my trading and the tool is very very easy to use and very clear design !!!

  2. product_image Woodie ZLR Pro $$
    5 5

    Highly Recommended Software Company

    If you are looking for a trading platform that not only provides top-notch tools, but also genuinely cares about your success? Look no further than ninZa.co - the ultimate destination for serious traders. Unlike other platforms that simply offer a few indicators and leave you on your own, ninZa.co is dedicated to helping you automate your strategies and achieve your goals. With unparalleled support throughout the entire process, you can trust ninZa.co to provide the resources you need to thrive in today's fast-paced trading environment. Join the ranks of successful traders today and experience the ninZa.co difference for yourself!

  3. product_image Woodie ZLR Pro $$
    5 5

    I also want to say thanks for making Quick Drawing and Moving Median free. Quick Drawing is always on my charts and Moving Median is nice for spotting trends in higher time frames. Easy Trend Is Too Easy!

    I bought your Easy Trend indicator because it has the HMA indicator built in it. It is great! Previously I have purchased your Superior MACD, Superior Donchian, Be$t Alligator, and Ruby River. These all work in their own right, but Easy Trend after 1 week of practice trading is the one I needed this whole time. Easy Trend has allowed me for the first time in nine months of practice to have a trading plan that I can stick to. With the background painted, the line changing colors, and my voice recorded to play "buy" and "sell" signals, it was my best week of paper trading yet.

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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