-25%
Regular Price $196 As low as $147

X-Day Rolling Pivot

Description
This indicator just works on INTRADAY charts. It does NOT plot weekly, monthly, yearly… pivots.

Rolling pivot is a trading method suggested by Mark B. Fisher in his book "The Logical Trader". The original version just monitors 3 latest days for pivot calculation, but in our version we allow you to decide the number of days: it can be 3, 5, 7, 10 days... The basic idea is taking into account the highest high, lowest low of the past X days, and the close to calculate the pivot plots.

Fisher’s rolling pivot low & high are displayed as S1 and R1 in our indicator. The area between S1 and R1 is where the market trades without a clear bias. Therefore, our indicator shades this area in yellow to signal traders of a choppy zone where you should not trade.

You should only trade when the market moves out of the choppy zone between S1 and R1. When the market breaches above R1, a bullish phase is established and long trades are favored. When the market breaches below S1, a bearish phase is established and short trades are favored.

In order to help you have targets for long/short trades, we added S2/R2, S3/R3, S4/R4 which are user-defined offsets from the PP line (those new S/R plots are our improvements compared to Fisher’s version).

Especially, we allow you to specify the minimum differential percentage to normalize pivot differential between days, which helps the S/R lines locate better: neither too expanding nor too collapsing.

Key features:
  • Allow configuring the number of days (X)
  • Allow configuring minimum differential percentage
  • Plot pivots of today’s session as well as all the past sessions
  • Plot up to S4/R4 (optionally show/hide each pair)
  • Allow modifying factors to compute S/R levels
  • Colorize PP line to reflect if the market is bullish or bearish
  • Shade the middle zone to highlight choppy price action
  • Display how bullish/bearish the market is with an innovative ribbon
  • Label each pivot lines (with an optional pivot name)
  • Trigger alerts on middle zone breakout
  • Print markers on middle zone breakout
  • Be NinjaScript ready for advanced usage, only restricted by your imagination
  • Expose dedicated NinjaScript signals

Software Changelog

  • 14 Jun 2021 - Massive changes, fixes and improvements were made (DPI, display name, Z order, alert properties, marker string, chart info, property naming/positioning/grouping).
  • 13 Jun 2020 - The indicator was released (built new).
Review
  1. product_image X-Day Rolling Pivot $$
    5 5

    100%

    I’ve owned several ninZa.co studies and I wouldn’t trade without them. Second to none! Besides the indicators, there is an excellent support staff always available.

These testimonials may not be representative of the experience of other users or customers and do not guarantee future performance or success.

Benefits

  • For just a one-time payment, you will get:

  • PREMIUM product with meticulous dev & design

  • LIFETIME license, without any hidden fees

  • FREE exchange within 15 days

  • FREE world-class support, for life

  • FREE upgrade for NinjaTrader 8, for life

  • FREE access to our self-served licensing system

  • FREE remote assistance if you cannot install yourself


  • Why ninZa.co ???

  • Integrity & reliability

  • 30,000+ users worldwide

  • 150+ indicators & packages

  • 450+ reviews with 5 stars

  • 10 years in the business


Why ninZa.co?

Lifetime Benefits
  • Lifetime licenses
  • Lifetime upgrades
  • Lifetime support
With one-time payment, you receive all these perks without any hidden fees.
Great Value for the Price
  • Prices below market averages
  • Premium-grade indicators
  • Lifetime after-purchase assistance
Affordability doesn't compromise the essential, excellent, and elegant qualities that define our products.
One-stop Shop
  • 150+ indicators of various types
  • Comprehensive trading packages
  • HelloWin for backtesting, add-ons
Discover all essential indicators in one convenient location, and enjoy ongoing attractive discounts.
Premier Vendor
  • 30,000+ worldwide users
  • 10 years in the industry
  • Among top NinjaTrader 8 vendors
With our extensive experience, we have the industry skills and know-how to craft high-quality indicators.
World-class Support
  • Remote desktop assistance
  • Live chat support
  • Email assistance
Our dedicated team are committed to promptly addressing all your inquiries within 24 business hours.
Risk-Free Shopping
  • 15-day exchange
  • Straightforward process
  • No additional fees
Rest assured, our exchange program ensures your purchase is fully protected.