Effective, efficient tools for the NinjaTrader 8 expert, since 2007
The ideal way to evaluate the simple proposition to sell at R1/2/3 and buy at S1/2/3...and go flat at a specific time of the day (like the end of the session). This indicator is a back-tested rule set with staggeringly good results.
You can evaluate results based the standard floor pivots (R1/2/3, S1/2/3), or you can select Camarilla Pivots (R1/2/3/4, S1/2/3/4), or you can just test Yesterday's high (instead of R1), and Yesterday's Low (instead of S1).
Also, this is a raw strategy...a simple tweak (adding a simple stoploss) will greatly improve these posted results. Contact us for details!
Secondly, inverting the signals based on the PnL data is a valid way to show effectiveness of breakouts (instead of reversions). Here's a video that describes how the indicator gives that information:
Simple strategy yielding consistent wins.
$349 is a yearly license on 2 computers
Option: $649 is lifetime license on 2 computers
- Easy installation (uses standard "Import" feature in NinjaTrader)
- Includes sample chart template and workspace (NT8 compatible)
Here's a study in Natural Gas, Copper and Silver:
NQ, HO, MCL, BTC and SI:
Having been an futures trader since 1990, I've developed countless software tools for new and career traders alike. Our mission is to bring indicators that increase your profitability and decrease user complexity.