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Partner 728x90

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I wish there is a trend indicator?

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    I wish there is a trend indicator?

    Hello there,

    I'm struggling with trends, sideways that is. Is there a ready made indicator in NT to avoid trading in sideways trends? or 3rd party?

    Many Thanks, Caesar.

    #2
    Hello Skechers,

    I am not personally aware of an item like that but you can search on the public user app share to see if something has been created. If any users know of a specific item that detects that they will comment as well.

    JesseNinjaTrader Customer Service

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      #3
      Thanks Jesse, it's been like the search for the holy grail to me :-)

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        #4
        If you want my advice, forget about finding the 'right' indicator to differentiate between a trend and a range. I wasted years on this issue, writing my own indicators and testing others. Only you can spot it with your eyes, but it takes a lot of screen time. Your eyes are the best indicator.

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          #5
          On the ecosystem you can find the SuperTrend (AuSuperTrend is the one that I like) or Trend Magic, there are various versions of this, I like the free download from NinzaRenko and you could combine that with a longer moving average like 70-100.
          ADX indicators are worth looking into also IMO. Best ADX I've seen is on the Tradeovate chart though. It's a three line indicator where one line is bullish, second line bearish and a third reference line. Not sure if it's been converted to NT8 though.
          Last edited by Fbraun378; 10-22-2023, 10:44 AM.

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            #6
            Many Thanks Jenkins & FBraun!

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              #7
              Yes, there is a trend trading indicator for Nija Trader..The Wiseman Allegator..it's a cool trend trading indicator..personally I also use it even in not too trendy days...it's cool, hey, even moving avaerages can be used for trend trading..but the allegator is quite useful if you ask me

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                #8
                Originally posted by KAHARE View Post
                Yes, there is a trend trading indicator for Nija Trader..The Wiseman Allegator..it's a cool trend trading indicator..personally I also use it even in not too trendy days...it's cool, hey, even moving avaerages can be used for trend trading..but the allegator is quite useful if you ask me
                yeah ...i am using this too for my pullback & trend continuation strategy
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