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Product Description
X-Day Critical S/R indicator plots critical levels from the last X days (not including today), where X is any integer between 2 and 100 (inclusive). Popular values that traders often use are 3 and 5.
The last X days is a solid reference for today's trading. The market often rests, retraces, or reverses around X-day high, low, center - which therefore becomes critical support/resistance levels for today's session.
An upper mid & a lower mid based on X-day range are also added because of their high values as support/resistance. You will be astonished when seeing them in action.
How many times have you bought near X-day high or sold near X-day low, and then got stuck in bull/bear traps? The market frequently bounces or reverses around X-day high and low (at least temporarily) but you are tempted to make innocent trades there - just because you don't recognize these critical levels. Our prime indicator plots X-day critical support/resistance levels onto today's session, helping you never forget these important zones.
The market breaking above X-day high or below X-day low is an important event, on which the indicator will trigger alerts to notify you. The price regions above the high and below the low are optionally shaded for you to easily monitor.
There are as many as 5 plots. If you don't need one, please set its color to "transparent" to hide it from the chart.
Key Features
- Plot X-day high, low, center
- Plot an upper mid & a lower mid based on X-day range (fully configurable)
- Paint price regions above X-day high and below X-day low in 2 different colors
- Trigger alerts on X-day range breach
- Print markers on X-day range breach
- Be NinjaScript ready for advanced usage, only restricted by your imagination
- Expose dedicated NinjaScript signals
Dedicated NinjaScript Signals
- Signal_State:
- 2 = above high
- 1 = between center and high (inclusive)
- 0 = at center
- -1 = between center and low (inclusive)
- -2 = below low
Product Media
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From Happy Customers
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I have been using the ninZa.co indicators for several months now and am very happy with what a valuable addition they have been to my charts. I recently decided to add one of the recently released indicators from ninZa.co. But after using for a few days, it wasn’t quite what I had been looking for. I contacted ninZa.co and had the pleasure of working with Hannah for an exchange to a different one of the many available indicators. At the time, the indicator I wanted to purchase to replace the one I had recently bought was on sale. Hannah put through an exchange and without my having to ask, gave me the advantage of the sale price. She also included a pdf that provided education about the indicator I chose to switch to. Any time I have had contact with one of the associates from ninZa.co, I have received excellent customer service, and will not hesitate to purchase from them again.
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I'm a new customer with ninZa.co and i was needing help today in making a purchase. I made a request on your chat platform and Hannah came to my rescue. She helped me find the what I needed and even offered me a discount. Everything went very smoothly from that point. I made the purchase and she even provided me some documentation on the indicator. I am very pleased with her assistance. Thanks again Hannah for your excellent customer service !!
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Software Changelog
24 Sep 2020
Massive changes, fixes, and improvements were made (DPI, display name, Z order, alert properties, marker string, bar painting, chart info, property naming/positioning/grouping).
07 Jan 2020
The indicator was released (built new).
