NinjaTrader 7 Indicators - Scalpel Signal_v2
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NinjaTrader 7 Indicators
Indicators in this section are compatible with NinjaTrader 7

Scalpel Signal_v2 4 *
This indicator was designed to provide an entry signal, in either a trending configuration using an EMA filter, or via a countertrend formation (especially in range bound markets) using a higher sensitivity threshold.

There are 4 available parameters which guide output. The WARNING levels, and the SIGNAL thresholds.

Maximum values for WARNING or SIGNAL should not exceed (normally) + or minus 7.

Indicator works best with non-minute bars (tick, range, renko, volume).

When deployed with trend filters, consider using a lower WARNING and SIGNAL sensitivity range to define possible pullback entry areas. If no filter (EMA) is used, watch for punctures of the signal candle high/low for continuation movements.

Category NinjaTrader 7 Indicators 
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Category: NinjaTrader 7 Indicators 

August 27th, 2017
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Keywords: and scalping stop trend reverse


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