Woodie ZLR Pro

$109

  • License

Description

Returning customers & ninZaFamily members
can get this product at 20% OFF [contact]

Platform

Availability for:

  • NinjaTrader 7 platform: NOT PLANNED
  • NinjaTrader 8 platform: AVAILABLE NOW

Overview

+ 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 trade 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 10 popular moving averages
  • Allow smoothing the moving average (with 10 popular moving-average types)
  • Allow smoothing CCI (with 10 popular moving-average types)
  • Highlight high & low regions
  • Trigger alerts on ZLR appearance
  • Print markers on ZLR appearance
  • Be NinjaScipt ready for advanced usage, only restricted by your imagination
  • Expose dedicated NinjaScipt signals

Alerts:

  • Popup alert
  • Sound alert (configurable rearm)
  • Email alert (possibly configured as SMS alert)
  • Message displayed in Alerts Log window

NinjaScript readiness:

  • Can be used in Market Analyzer
  • Can be used in Strategy Builder
  • Can be used in BloodHound
  • Can be used in 3rd-party indicators, strategies, products
  • Professional & clean signature for easy calling

Dedicated NinjaScipt signals:

  • Signal_State: 1 = high, -1 = low, 0 = middle
  • Signal_Reject: 1 = bullish, -1 = bearish, 0 = no signal

Compatibility:

  • Instruments: CFDs, forex, futures, indices, options, stocks
  • Interval types: timebased or non-timebased, standard or custom
  • Chart styles: whatever

Usability:

  • Ready to use out of the box
  • Fully configurable & customizable with ease

Media

Installation

Please read Installation Guide for details.

Support

FREE support for life! Feel free to ask us anything, anytime.
In NinjaTrader 8 platform, you even have access to our PRIORITY SUPPORT directly from chart.
Please read Customer Service for details.

Upgrade

All upgrades for NinjaTrader 7 and NinjaTrader 8 are FREE to request.
A one-time low fee may be required for an upgrade from NinjaTrader 7 to NinjaTrader 8.
Please read Upgrade Policy for details.

Terms

ALL SALES ARE FINAL & NON-REFUNDABLE!
Upon purchasing this indicator, you agree to be bound by Terms of Service.

Various types of indicators, all under one roof.
Please check out all of our NinjaTrader 8 indicators.

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