for NinjaTrader® – Forget Squiggly Lines!
We’ve updated the NinjaTrader 8 versions of almost all of our indicators. They’re now compatible with BloodHound from SharkIndicators. You can call them as well from your own NinjaTrader indicators or strategies.
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Thomas Deutschmann
A trend often starts slow, but can go on for a long time 🙂
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Once a Reversal Signal shows up on the chart place a stop entry buy order one tick above the bar or pattern (for bull). The closest logical stop goes below the bar or pattern – a bar/pattern stop.
The Reversal Signal Bars indicator shows now small Inside Bars, possible One Bar Final Flags and two variants of Breakout Pullbacks.
A small Inside Bar (even with a weak close) at one end of a large bar is a setup for a fade of the large bar. At times its fine to fade a large bar off a same colored inside bar, if the entry is within the direction of the overall trend or has some other strengtheners.
The 1st target for that fade is the other end of the bar, that contains the Inside Bar.
Continue reading “Updated Indicators – Reversal Signal Bars and more”