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Ninja Trader Indicators
Ninja Trader is a popular trading platform that offers a wide range of features and tools to traders. One of the most powerful features of Ninja Trader is its indicators. Indicators are mathematical calculations that are applied to price data to provide traders with insights into market trends and potential trading opportunities.
we'll take a closer look at NinjaTrader indicators, including what they are, how they work, and some of the most popular indicators used by traders today.
What Are NinjaTrader Indicators?
NinjaTrader indicators are tools that traders use to analyze price data and identify potential trading opportunities. These indicators are based on mathematical calculations that are applied to price data, such as open, high, low, and close prices. The results of these calculations are then displayed on a chart, providing traders with visual cues about market trends and potential trade setups.
There are many different types of indicators that traders can use in NinjaTrader, including trend indicators, momentum indicators, volatility indicators, and volume indicators. Each of these indicator types provides unique insights into market conditions and can be used in different ways to inform trading decisions.
How Do NinjaTrader Indicators Work?
NinjaTrader indicators work by analyzing price data and applying mathematical calculations to that data. The results of these calculations are then displayed on a chart, providing traders with visual cues about market trends and potential trade setups.
For example, a moving average indicator calculates the average price of an asset over a specific period of time. Traders can use this information to identify trends in the market and potential trade setups based on those trends.
Another example is the Relative Strength Index (RSI) indicator, which measures the strength of a trend by comparing the average gains and losses over a specific period of time. Traders can use this information to identify overbought and oversold conditions in the market and potential trade setups based on those conditions.
Popular Ninja Trader Indicators
There are many different Ninja Trader indicators that traders can use to analyze market conditions and identify potential trading opportunities. Here are some of the most popular indicators used by traders today:
1. RockStar
OUR MOST POPULAR INDICATOR.
3 Indicators in one to signal a likely pullback or reversal.
*NINJATRADER 8 ONLY*
The RockStar is a combination of our HUD (Heads-Up-Display) indicators that, when a confluence of positive conditions exist, will generate a signal to let the trader know that there is a confluence of events that might require his/her attention. Like any other indicator for NinjaTrader (or any other trading platform), this indicator does not tell the trader when to take a trade. It simply alerts the trader to a confluence of market events that could help the trader anticipate a change in the market.
Although these 3 indicators are used to generate a signal, the trader may choose to use additional HUD indicators to qualify the generated signal as a potential trade setup.
The RockStar combines some very powerful technical analysis techniques.
Order Flow
Divergence Momentum
Exhaustion
Using these techniques, the RockStar is measuring strengths in the current conditions to anticipate the inevitable weaknesses. These weaknesses are ideal points in the market to exploit pullbacks or retracements either by trading these pullback (Bunt style of trading), or for scaling out of trades taking profits along a longer trend trade.
For our PullBack Trading, we have some very specific conditions and rules for trading our trade setups. The RockStar indicator is a tool to make those trade setups easier to identify and execute a trade.
2. First Touch Reset
Support and resistance indicator with relative strength number. The perfect S/R levels for any trader. After thousands of hours of working on trading, trading strategies, and trading indicators, you begin to notice certain things. That is how we came up with the First Touch reset trade setup. We noticed that if price had not touched our support or resistance lines during the trading session or in a relatively long period of time, we were very likely to get a rebound or "bounce" off of the line the very next time we hit it.
Without having the charts zoomed out far enough to see when price touched that S/R line or zone, we really had no idea how long it had been or how strong the line was likely to affect price. Once we applied our relative strength indicator at the leading edge of the line, we no longer needed to zoom out or take our eyes off of the current bar to help us make a trading decision. All the information was exactly where we needed it.
Highlights:
Add to any chart or time frame
Assign line color, style, and size
Show S/R midpoints
Customizable line calculation input values
Toggle on/off
Relative Strength Indicated
User configurable support and resistance zones
3.Flash
Spot divergence from the RSI Oscillator in an instant without any confusion. Divergence is an often discussed trading tool, but it is mostly misused or too difficult to apply along with other trading indicators. Most find that trying to time a trade entry using divergence too confusing and unclear on when divergence is actually occurring. Then, which way is the market going to go? Divergence can signal a reversal or pullback, but in which direction? Our FLASH indicator removes all of these problems with one simple signal exactly where you need it, right on the chart.
Highlights:
Add to any chart or time frame
Prints on the current bar in real time
DOES NOT repaint several bars after the fact
RSI Divergence
Sound Alert
User select draw object, colors and sizes
Toggle on/off
4. MacDiver
Spot divergence from the MACD oscillator with ease! No confusing graphs. Simple to read divergence indicator. Divergence is an often discussed trading tool, but it is mostly misused or too difficult to apply along with other trading indicators.
Most find that trying to time a trade entry using divergence to be too confusing and unclear on when divergence is actually occurring. Then, which way is the market going to go? Divergence can signal a reversal or pullback, but in which direction? There are many methods of calculating divergence, but 2 of the most common methods are from the RSI and MACD and show the best promise of a true divergence. Our Flash indicator solves the problem of RSI divergence plotting and our MacDiver allows you to trade off MACD divergence!
Highlights:
Add to any chart or time frame
Prints on the current bar in real time
DOES NOT repaint several bars after the fact
MACD Divergence
Sound Alert
User select draw object, colors and sizes
Toggle on/off
Works great with the Flash Indicator for the ultimate divergence identifying setup
5. Mometer
The Mometer Indicator signals when there is stronger price movement relative to previous bars. The Mometer Indicator signals when there is stronger price movement relative to previous bars. This allows the user to objectively determine current momentum conditions. Since strong momentum is almost always followed by exhaustion and a price pullback, accurately establishing momentum increases our edge. The Mometer Indicator has several userdefined parameters, including 4 threshold levels and a look-back period. These parameters allow the trader to determine different visual cues for increasing and decreasing momentum.
Highlights: Add to any chart or time frame
Prints on the current bar in real time
Momentum detection and precise measurement of the velocity of these trends
Toggle on/off
Works great with the SpeedTick and FTReset to create a powerful exhaustion trade
6. Overbought / Oversold (OBOS)
This indicator will tell you at first glance when the markets are in an overbought/oversold(OBOS) condition. Do you really need a bunch of squiggly lines on your screen to tell you if the market is in an overbought or oversold condition? This indicator will tell you at first glance and have you in or out of a trade much faster than any other oversold/overbought indicator. And in the trading business, sometimes milliseconds count.
Highlights:
Add to any chart or time frame
Paints on current bar
DOES NOT REPAINT several bars after the fact
Choose indicator on which to base OB/OS condition
Set indicator parameters to generate OB/OS condition
7. PullBack Alert
Measures price action in relation to volume without confusing lines and clutter. Volume Spread Analysis (VSA) is a form of technical analysis which attempts to look into price action in relation to volume. VSA is the study of the market forces of supply and demand, and the manipulation of those forces through the psychology of crowd behavior, through examining the relationship between the quantity of volume on a price bar, the spread of the price or range of the bar, and the closing price on the height of that bar. Studying these variables establishes the equilibrium of demand and supply as well as the likely near term direction of the market.
See our PullBack Alert indicators in action
Highlights:
Add to any chart or time frame
Based on Volume Spread Analysis (VSA)
User defined lookback period
User defined range
Sound Alert
User select draw object, colors and sizes
5 different VSA levels calculated
8. Ricochet
Ricochet indicator was another happy discovery we made as we developed the SpeedTick indicator. As we were analyzing the data that makes the SpeedTick so incredible, we also noticed a completely different set of data patterns begin to emerge that was actually unrelated to the SpeedTick data but came from the same source. This data also pointed to a high probability pullback. Load this indicator onto your NinjaTrader 7 trading platform and see for yourself. It is truly amazing how accurate it is.
Highlights:
Add to any chart or time frame
Prints on the current bar in real time
DOES NOT repaint several bars after the fact
Based on underlying tick chart data
User defined tick chart size
User defined tick count time period
User defined thresholds
Sound Alert
User select draw object, colors, and sizes
Toggle on/off from chart
10. SpeedTick
See when the markets are being manipulated by the “Big Boys” and take advantage of it. This is one of those stories like the Post-it Note guys. We set out to build an indicator to make First Touch trades easier to see and even more reliable.The SpeedTick indicator was designed to pick up when the big boys were purposefully manipulating the markets to take out stops and then turn the market around to take all of their profits. With our SpeedTick Level indicator that ships with the SpeedTick Indicator, you can practically see when it happens and, therefore, know when to capitalize on it. We started nailing several FT trades each day, but we also noticed something else. This indicator works great by itself. You can easily build an entire trading system around this baby.
Highlights:
Add to any chart or time frame
Prints on the current bar in real time
DOES NOT repaint several bars after the fact
Based on underlying tick chart data
User defined tick chart size
User defined tick count time period
User defined thresholds
User defined time of day on/off
add multiple indicators to same chart for different time/volume periods
Sound alert
User select draw object, colors, and sizes
Ships with SpeedTick Level indicator to fine tune Threshold levels
11. SuperDivergence
The most advanced divergence detector. See divergence from 7 different oscillators with ease. The SuperD (or SuperDivergence) is the most advanced divergence detector we’ve ever built.This indicator calculates divergences over many oscillators (for example: the MACD, The RSI, The Ultimate Oscillator) in real-time through 1 single print on a chart. Gone are the days of cluttered charts and confusing readings, with the SuperD, it is possible to accurately see what oscillator(s) are diverging without complexity.
Highlights:
Add to any chart or time frame
Paints on current bar
DOES NOT REPAINT several bars after the fact
Exhaustion Measurement
See the rate at which price moves over the course of a bar relative to a previous bar and determine when price may be getting exhausted from a strong move.
Highlights:
Velocity
Add to any chart or time frame
Prints on the current bar in real time
DOES NOT repaint several bars after the fact
User select draw object, colors and sizes
Toggle on/off
Works great with the SpeedTick and Ricochet for the ultimate in overreaction/exhaustion detection.
13. NRS Zone
Tight range to show you when price is either exhausted or within a channel. Tight range to show you when price is either exhausted or within a channel.This indicator gives us a stronger look into when exhaustion is likely to be setting in. In fact, its helped so much that we’ve now been regularly taking and winning “Naked” RockStar trades. Naked indicates a trade that does not have a line of support or resistance behind the
trade. I’ve only taken trades for many years with S/R lines, but after extensive study, it seems adding the NRSzone Indicators helps to qualify a Naked RockStar trade setup (also known as SpeedFlash/SpeedMac trade setup) so well that the edge is equal to using S/R. And the best part, lots more trading opportunities per session.
14. Climactic Volume
Climactic volume is a great tool in locating trend pullbacks (retracements) or full reversals on any timeframe. Climactic volume is a great tool in locating trend pullbacks (retracements) or full reversals on any timeframe.
Climactic volume is a large increase in volume that occurs after a strong move higher or lower and gives the trader an insight into the greed or fear that exists in the marketplace most commonly reflect by small retail traders like you and me. Climactic volume is a great tool in locating trend pullbacks (retracements) or full reversals on any timeframe, from the intraday charts to monthly charts.
15. Wicks Percent
The Wicks Percent indicator shows to the user when the wick of a trading bar is a certain percentage of the body of the bar which picks up when price is very “whippy”.The WicksPercent indicator shows to the user when the wick of a trading bar is a certain percentage of the body of the bar. The intention is to pick up when price is very “whippy” inside of a bar. There are times of extreme volatility when a
trader may choose to wait or skip a trade because of the extremes price reaches inside of a bar. If a bar body is relatively short with long wicks, that could be characterized as a highly volatile bar and help the trader make a decision if this is a good time or not a good time to enter a particular trade.
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Conclusion
NinjaTrader indicators are powerful tools that traders can use to analyze market conditions and identify potential trading opportunities. By understanding how these indicators work and how to use them effectively, traders can gain valuable insights into market trends and make more informed trading decisions.
Whether you're a beginner or an experienced trader, incorporating NinjaTrader indicators into your trading strategy can help you achieve your trading goals and improve your overall profitability. So why not give them a try today?
