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Zigzag Swing Pro

$496

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Product Description

Multi-Osc OB/OS Overlap: A smart combination of 3 time-tested oscillators: RSI, MFI, and Stochastic.

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There are lots of swing indicators out there but most of them give inaccurate swing points. Understanding this, we developed Zigzag Swing Pro, a revolutionary swing indicator for NinjaTrader 8 built upon the algorithm of zigzag patterns, aimed to tackle the drawbacks of typical swing indicators.

Traders have long witnessed the following problems in typical swing indicators:

  • Swing points are often identified incorrectly, especially in sideways or consolidation periods.
  • Swing points will change upon timeframe switch.

Why do these drawbacks exist? Because typical NinjaTrader swing indicators only take into account the number of bars surrounding a swing point but don't care about the vertical price change. The result is a lot of meaningless swing points, whose swing lengths are too small compared to the overview of price action.Also, when you switch your chart to another timeframe (of the same instrument), swing points will most likely shift.

Solution? We need to define a swing length based on price change! Therefore, we employ the zigzag logic in our swing indicator development. This radical solution has swing points identified accurately, plus identically across different timeframes. Imagine: when you switch from a Minute chart to a Tick chart of NQ, you will still see the same swing points, and therefore the same market structure.

In this NinjaTrader swing indicator, you can define "Minimum Swing Length" (the vertical distance between 2 consecutive swing points) in 2 units: ninZaATR and Tick. All swing lengths must meet the minimum size specified by users, which means you only see meaningful swing points. Using this approach to scan the market movements, the indicator is able to recognize tops & bottoms with much more precision than typical swing indicators.

At each swing point, you can see a lot of crucial information regarding price action, such as swing length, bar count, duration, volume, retracement, and so on. Swing point type, including Double Top/Bottom, Lower High, Higher Low... is also one of the important data this indicator provides you with. Moreover, our zigzag swing indicator for NinjaTrader 8 plots the swing levels which are divided into Inactive levels and Active levels, giving you a more intuitive view of support and resistance. Active levels will help you gauge turning points easier.

It is safe to say that Zigzag Swing Pro is a revolutionary zigzag-based swing indicator for the NinjaTrader platform that helps you read price action as well as identify trends more accurately & easily. Zigzag Swing Pro will give you a better perspective of market structure and therefore, help you gain an edge over most market participants.

Software Changelog

  • 01 Feb 2023 - The indicator was released (build new).

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From very happy customers... 500+ reviews →
  1. product_image Zigzag Swing Pro $$
    5 5

    ninZa.co

    I have been trading now going on 20 years. I have been using NinjaTrader 7 and had bought a 3rd party Renko Hybrid candlestick and Bar target indicator for NinjaTrader 7 sometime ago, however the vendor has not at this time come out with a NinjaTrader 8 version. So, I googled, looking to see if I could find something similar for NinjaTrader 8, that’s when I came across ninZa.co. Not only is ninZaRenko the same as the Renko Hybrid candles I was using in NinjaTrader 7, I now have the ability to refine the bars to a much greater degree giving me tighter stops, which equates to less Risk. I use the ninZaRenko bars and the Bar Status indicator in combination with a Stochastics indicator to confirm entries and exits in the treasury markets, the 10-year note (ZN) being my primary instrument. I also use the Bar Status indicator on my range bars as well. I look for patterns that repeat themselves that give a measured move better than 70% of the time and with ninZa.co's candles in combination with Stochastics, I have many more opportunities to enter the market. I really appreciate Larry Pi making these indicators available, they make my job a lot easier.
    DDavid

  2. product_image Zigzag Swing Pro $$
    5 5

    Solar Wind Package with Excellent support from Grace

    I would like to express my heartfelt gratitude to Grace for the outstanding assistance provided in setting up the Solar Wind Package. From start to finish, the experience has been nothing short of exceptional.

  3. product_image Zigzag Swing Pro $$
    5 5

    Perfect Custom Indicator

    When I needed an indicator built for my trading system, Pi had it ready in a day, and it worked perfectly without any modifications. The cost was very reasonable and I will use him again without a doubt.

  4. product_image Zigzag Swing Pro $$
    5 5

    Exceptional Indicators and Customer Service: My Experience with ninZa.co

    I have been using ninZa.co indicators for over two years. Recently I purchased Sumo Pullback, Solar Wind RK, Waddah Attar Explosion, and Triple-Range Rover. I am very happy with the quality of the indicators. More importantly, the customer service is second to none, especially Grace. ninZa.co will do their best to accommodate any concerns and queries within 24 hours. Highly recommended!

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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