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Have any members used or tried MZpack indicators for NinjaTrader?


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Have any members used or tried MZpack indicators for NinjaTrader?

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  #1 (permalink)
 Alaskajeff 
Fairbanks, Alaska
 
Experience: Intermediate
Platform: Jigsaw, NinjaTrader 8
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Trading: Eminis, bonds, gold, crude
 
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Was wondering if anyone has tried these indicators. MZpack Indicators for NinjaTrader They look to be a combination of order flow, heatmap and profile. They have some very unique templates as well. I did an advanced search on this forum to see if anyone has talked about this prior. Only a few mentions but no reviews or analysis. Thoughts anyone?

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  #3 (permalink)
 lesoun 
Prague Czech/Czech republic
 
Experience: Beginner
Platform: NinjaTrader
Trading: Future
 
Posts: 10 since May 2012
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Alaskajeff View Post
Was wondering if anyone has tried these indicators. MZpack Indicators for NinjaTrader They look to be a combination of order flow, heatmap and profile. They have some very unique templates as well. I did an advanced search on this forum to see if anyone has talked about this prior. Only a few mentions but no reviews or analysis. Thoughts anyone?

I do.
The whole package of indicators contains many tools, combine mapping of orders being already realised with waiting orders, which optimise the work of a daytrading trader. For instance, the visual projection of big orders such as Support or resistance levels. The projection of places on a graph where there has been an absorption of orders, etc.
I am not afraid to claim that it is one of the most valuable indicators for NinjaTrader with the best ratio of performance to price.
For example, yesterday was a nice trade on Oil almost from a high with perfect confirmation via MZpack.
Yesterday I migrated to NT8 and it looks very good.

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  #4 (permalink)
 mhamrin 
Fort Worth TX USA
 
Experience: Intermediate
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A very good tool. I've spent several months doing back testing and adjustments. (plus several other indicators i'm using). The best way to use MZpack is to fine tune settings for optimal performance. It's a systematic process to adjust and you should take the time to get it set up for your trading style, instrument and time of day. All these are important factors and it'll take some time but when you get is set up correctly it will provide some very good insight and high probability setups.

Interpretation of data takes a bit as well. I'm still trying to correctly interpret what i'm seeing with a handful of items.

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  #5 (permalink)
 Neo1 
Christchurch, New Zealand
 
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lesoun View Post
I do.
The whole package of indicators contains many tools, combine mapping of orders being already realised with waiting orders, which optimise the work of a daytrading trader. For instance, the visual projection of big orders such as Support or resistance levels. The projection of places on a graph where there has been an absorption of orders, etc.
I am not afraid to claim that it is one of the most valuable indicators for NinjaTrader with the best ratio of performance to price.
For example, yesterday was a nice trade on Oil almost from a high with perfect confirmation via MZpack.
Yesterday I migrated to NT8 and it looks very good.

I would somewhat agree with this. The package offers exceptional value for those who know what they're looking for.

"Free markets work because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or incentives for skill. The strategy is, then, to tinker as much as possible and try to collect as many Black Swan opportunities as you can"
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  #6 (permalink)
 lesoun 
Prague Czech/Czech republic
 
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Neo1 View Post
I would somewhat agree with this. The package offers exceptional value for those who know what they're looking for.

Here is one of my setup, the first arrow is the absorption and the second arrow is the confirmation of the input using the low volume tap and the imbalance.

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  #7 (permalink)
 vizag 
Toronto, Ontario, Canada
 
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lesoun View Post
Here is one of my setup, the first arrow is the absorption and the second arrow is the confirmation of the input using the low volume tap and the imbalance.

Does MZ Footprint plot absorption as it happens or after the price has moved a couple of ticks?

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  #8 (permalink)
 sleip 
Karlsruhe, Germany
 
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the absorption plots in real time, but only if the price is minimum one tick away. If the price gets back, the absorption marker is gone.



vizag View Post
Does MZ Footprint plot absorption as it happens or after the price has moved a couple of ticks?


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  #9 (permalink)
 lesoun 
Prague Czech/Czech republic
 
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Posts: 10 since May 2012
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Here are my trades for today, 2 scratches, no loss. On screenshot there is nice volume with icebergs.

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  #10 (permalink)
 guidoisot 
Milan, Italy
 
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I have just installed the latest MzPack ver.3.6.0.
I like very much its new Market Profile features, especially the possibility of comparing on the chart naked POCs with VAH and VAL, and viceversa. Also the custom VWAP features with std dev bands looks great.



I am just a client of theirs.

I just wanted to share I find their package excellent value.

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  #11 (permalink)
 mhamrin 
Fort Worth TX USA
 
Experience: Intermediate
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lesoun View Post
Here is one of my setup, the first arrow is the absorption and the second arrow is the confirmation of the input using the low volume tap and the imbalance.

I'm still using the last version...for NT7 (and auction dashboard for my absorption markers). Is your absorption marker the square and did you adjust the threshold before the marker appears?

Also, I'm not following your confirmation of Low volume. How does that work.

Thanks for sharing you post.

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  #12 (permalink)
 rintin2x 
salt lake utah
 
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I did buy it when it was in sale under $100 and it was the only paid indicators i have. I used it with demo NT7 at that time. I think it was money well spent at that time and still is. I used both limit and aggresive trades setup only. I couldn't figured out how to use the other indicators that came with it. It helped me visualized whats going on in the certain price level, but i didn't use it long enough because i just can't get the result consistent enough. But it's a great package none the less, setting the bar on what technology put into it vs the value for the whole package.

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  #13 (permalink)
 lesoun 
Prague Czech/Czech republic
 
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mhamrin View Post
I'm still using the last version...for NT7 (and auction dashboard for my absorption markers). Is your absorption marker the square and did you adjust the threshold before the marker appears?

Also, I'm not following your confirmation of Low volume. How does that work.

Thanks for sharing you post.

I use absorption 70%, Absorption depth 2 and filtr 50 for CL. Try different settings for different market.
Theory low volume is easy: if you have strong aggresive sellers, you want to see long pullback into market zone, where passive sellers will join. There sould not be strong aggresive buyers. Always compare action and reaction.
Hope it helps.

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  #14 (permalink)
 mhamrin 
Fort Worth TX USA
 
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lesoun View Post
I use absorption 70%, Absorption depth 2 and filtr 50 for CL. Try different settings for different market.
Theory low volume is easy: if you have strong aggresive sellers, you want to see long pullback into market zone, where passive sellers will join. There sould not be strong aggresive buyers. Always compare action and reaction.
Hope it helps.

Thank you for sharing!

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  #15 (permalink)
 Devil Man 
Legendary Capt. Johnny Jameson
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I use the NT7 version. It compliments my style of trading which relies heavily on Japanese Candlesticks, VWAP's and Rolling Pivots. When I am looking at a potential entry it helps my decision with easy to understand orderflow tools.

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  #16 (permalink)
 planetmoto 
freasno, ca usa
 
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Alaskajeff View Post
Was wondering if anyone has tried these indicators. MZpack Indicators for NinjaTrader They look to be a combination of order flow, heatmap and profile. They have some very unique templates as well. I did an advanced search on this forum to see if anyone has talked about this prior. Only a few mentions but no reviews or analysis. Thoughts anyone?

Sounds similar to Jigsaw but not sure


Sent using the futures.io mobile app

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  #17 (permalink)
 KahunaDog 
Hawaii at the beach
 
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Imo one of the best deals

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  #18 (permalink)
tolyadzn
Berlin
 
 
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I would say on of the best add-on Software for ninjatrader. When you also have some whishes for function, just ask if it possible you will get it. Also constant Updates.
And is really cheap

Check arprof addons for ninjatrader.

Here is some alternative also. Check there free ar Chart scroll, a Need for ninjatrader 8.

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  #19 (permalink)
 paps 
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lesoun View Post
Here are my trades for today, 2 scratches, no loss. On screenshot there is nice volume with icebergs.

Hi there @lesoun your screenshot shows bottom pane Buy/Sell pressure. Is that also part of the mzpack. It looks interesting & wondering if you would care to share if thats a commercial indicator.

thnx

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  #20 (permalink)
 lesoun 
Prague Czech/Czech republic
 
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Trading: Future
 
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paps View Post
Hi there @lesoun your screenshot shows bottom pane Buy/Sell pressure. Is that also part of the mzpack. It looks interesting & wondering if you would care to share if thats a commercial indicator.

thnx

I think MZpack has delta divergence=Buy/Sell pressure for NT8

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  #21 (permalink)
 ThomasK 
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paps View Post
Hi there @lesoun your screenshot shows bottom pane Buy/Sell pressure. Is that also part of the mzpack. It looks interesting & wondering if you would care to share if thats a commercial indicator.

thnx

Hi @paps
If you are referring to the "dt Buy-Sell Pressure" - this is available at ($ 39.00, free trial for 10 days or so, see the description under NT7 add-ons). I bought it for NT7 and got a free license when it was released for NT8. Has a lot of options, is good value for the money. The only disturbing thing is that sometimes the indicator is plotting a delta of 0 for a couple of bars. Hitting F5 and the correct delta values are redrawn. If this is the fault of NT or of the indicator I don't know.

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  #22 (permalink)
 paps 
SF Bay Area + CA/US
 
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ThomasK View Post
Hi @paps
If you are referring to the "dt Buy-Sell Pressure" - this is available at ($ 39.00, free trial for 10 days or so, see the description under NT7 add-ons). I bought it for NT7 and got a free license when it was released for NT8. Has a lot of options, is good value for the money. The only disturbing thing is that sometimes the indicator is plotting a delta of 0 for a couple of bars. Hitting F5 and the correct delta values are redrawn. If this is the fault of NT or of the indicator I don't know.

thanks ...which vendor? same mzpack ? no if incorrect on delta its a massive problem. My work is all about Volume Delta

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  #23 (permalink)
 Devil Man 
Legendary Capt. Johnny Jameson
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paps View Post
thanks ...which vendor? same mzpack ? no if incorrect on delta its a massive problem. My work is all about Volume Delta

@paps it is included as one of the tools in mzpack.

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  #24 (permalink)
 jmcg618 
New York / USA
 
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I am interested in this product but just a little concerned about installing a program like this on my machine as it seems to be developed by an unknown Russian coder. It looks a very nice product at a very reasonable price though. Can anybody vouch for the vendor's credibility?

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  #25 (permalink)
 rocksolid68 
Duluth MN
 
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For what it's worth - I ran a trial of MZPack on my pc about 18 months ago and had no ill effects that I have noticed.

Interesting software for sure.

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  #26 (permalink)
 mhamrin 
Fort Worth TX USA
 
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jmcg618 View Post
I am interested in this product but just a little concerned about installing a program like this on my machine as it seems to be developed by an unknown Russian coder. It looks a very nice product at a very reasonable price though. Can anybody vouch for the vendor's credibility?

Use it every day...for over a year (still on nt7). They're very good and good CS if you have questions for them. Every time i've had a question they've answered it pretty quick and speak decent English.

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  #27 (permalink)
 Robotman 
Los Altos, CA
 
Experience: Intermediate
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jmcg618 View Post
I am interested in this product but just a little concerned about installing a program like this on my machine as it seems to be developed by an unknown Russian coder. It looks a very nice product at a very reasonable price though. Can anybody vouch for the vendor's credibility?

Hi @jmcg618

I too had the same concern and originally tested it on an old computer several months ago. It is safe and actually really well coded.
I now run it with NT8 on my regular trading computer, along with Jigsaw. It is supported by a guy in Russia by the name of Mikhail Zhelnov (support@mzpack.pro) who is fairly well responsive and speaks English. MZpack is also a member of NinjaTrader Ecosystem (for what it's worth).
The software has a lot of bells and whistles and requires time to really slice and dice it down to what you need otherwise there is information overload. It is excellent value for the money compared to all the other software addons to NT out there.

I'm just a customer.
Robotman

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  #28 (permalink)
 jmcg618 
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Thanks for your reply. I'm really tempted to take the risk because it does look very high performance and a great deal compared to what is out there, most of which is subscription based. If I were to get a subscription based platform it wouldn't be through some Ninja Trader 3rd party, I would just get market delta or cqg or something... Anyways, I do like the looks of mzpack. I'm just going through the Ecosystem now, so far it looks like the best option... just a bit paranoid about malware...

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  #29 (permalink)
 Robotman 
Los Altos, CA
 
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If anyone is interested. MzPack is posting videos describing and showing examples of all indicators in the package. Since the developer is Russian, the narration is delivered by "George" using text to speech. (A Russian Bot !!)

Part 1 - mzFootprint


The program is extremely well written with a wealth of UI options. If you do intra-day analysis and trading, it is the next step in trying to keep track of numbers quickly flashing on a DOM by quantifying them graphically using the CPU instead of your eyeballs.

MzPack is able to reconstruct single tick trades into aggregated trades. It also has a logic engine that notices iceberg orders and DOM order refreshes after price retreats from last trade. I have replaced watching the Jigsaw recombined tape with the mzVolumeDelta and mzBigTrades with audible warnings.

Robotman

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  #30 (permalink)
kamilom
Medellin Antioquia Colombia
 
 
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I’m using and is so good software

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 watrader 
Stuttgart, Germany
 
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I am using it too and it is the most sophisticated software in the field of order flow I know. And I know many.
MZ has a deep knowledge of Order Book and Tape reading and this is reflected in his MZPack as NT add ons.

BigTrade, Footprint are unique.

My wish were that he creates an own software instead developing indicators for NT8. It would be more performant and not dependent on NT8 platform.

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 ricochet 
LA
 
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Is anyone having issues using the MZPack on NT8 regarding increasing memory and/or cpu resources?
Or any other problems?

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 watrader 
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Hi @ricochet,
can't complain here. I am loading only 3 days of Tick replay data and with v. 3.9.6 I haven't experiences any problems - so far.

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 KahunaDog 
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I picked up the Mzpack. It's a good profile base.
I already have four other profile apps, I think it is well made.

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 Leon Blokland 
Amsterdam Netherlands
 
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Alaskajeff View Post
Was wondering if anyone has tried these indicators. MZpack Indicators for NinjaTrader They look to be a combination of order flow, heatmap and profile. They have some very unique templates as well. I did an advanced search on this forum to see if anyone has talked about this prior. Only a few mentions but no reviews or analysis. Thoughts anyone?

I haven no experience yet, but just took their trail to see if their tools are helpful. The indicators look pretty sophisticated, but first see how it works.

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  #36 (permalink)
 Leon Blokland 
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I am looking at the tool a couple of weeks now. You need some time to find your settings of personal preference. For me the volume profile is less interesting. Not because the tool shouldn't work well, it is just to fuzzy for me. What I REALLY like about it is that you can find great support and resistance levels with the absorbtion and order flow imbalance tools. Seeing the big buy and sell orders laying on your chart is also very helpful.

For me as a price action trader these tools are very useful to find trade levels It works much better then traditional tools like OB OS divergences etc.

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 Robotman 
Los Altos, CA
 
Experience: Intermediate
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Leon Blokland View Post
I am looking at the tool a couple of weeks now. You need some time to find your settings of personal preference. For me the volume profile is less interesting. Not because the tool shouldn't work well, it is just to fuzzy for me. What I REALLY like about it is that you can find great support and resistance levels with the absorbtion and order flow imbalance tools. Seeing the big buy and sell orders laying on your chart is also very helpful.

For me as a price action trader these tools are very useful to find trade levels It works much better then traditional tools like OB OS divergences etc.

Hi @Leon Blokland

I have been using MzPack for over a year and like it very much. The PDF user manual is very helpful and also their recent YouTube channel videos shows the different indicators by a British gentleman named John.
[yt]https://www.youtube.com/channel/UCqabMIgUEjk3Bkee8G-oSMg/videos[/yt]

They also have some templates that you can download from their website and try out.
Although it does take some time to try out all the different indicators in real time or on replay.

RobotMan

Full time financial software beta tester.
~When asked what I do for a living.
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  #38 (permalink)
 Leon Blokland 
Amsterdam Netherlands
 
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Hello Robotman,

Thx for the info. I add a screenshot, to give an idea what one can do with the indicator.

How do you use the BigTrade indicator? It seems more like a scalping tool?


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  #39 (permalink)
 KahunaDog 
Hawaii at the beach
 
Experience: Beginner
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I have Mzpack.
I also have 4 other similar orderflow tools.
I would rate this as the best monetary deal.
What I like is the constantly work to improve it and add to the indicators. They also listen to requests for suggestions.
What I dislike is they use what I as a laymen feel is many of their indicators require "tick replay". I feel this is antiquated as I have another footprint and profile products that do not require it.
The other con is they are Russian so maybe my communicating with them is less ideal. They do communicate well in English but maybe I am not so effective.

Again of 4 different orderflow tools, this is my pick for best monetary deal. Though currently there are many new products I have not seen.

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 Silvester17 
Market Wizard
Columbus, OH
 
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KahunaDog View Post
I have Mzpack.

What I dislike is they use what I as a laymen feel is many of their indicators require "tick replay". I feel this is antiquated as I have another footprint and profile products that do not require it.

this is interesting. would you mind telling us what product that is? also could you please post a screenshot with your footprint chart (without tick replay).

thank you

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  #41 (permalink)
 KahunaDog 
Hawaii at the beach
 
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Silvester17 View Post
this is interesting. would you mind telling us what product that is? also could you please post a screenshot with your footprint chart (without tick replay).

thank you

NOFT and FXA does not require tick replay.

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  #42 (permalink)
 KahunaDog 
Hawaii at the beach
 
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ACME next to NOFT

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tolyadzn
Berlin
 
 
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Without tickreplay you See the ticks values and not the contracts traded. You also can use MZPack the same way, without tick replay.


Sent using the futures.io mobile app

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  #44 (permalink)
 KahunaDog 
Hawaii at the beach
 
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tolyadzn View Post
Without tickreplay you See the ticks values and not the contracts traded. You also can use MZPack the same way, without tick replay.


Sent using the futures.io mobile app

What do you mean?

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 Silvester17 
Market Wizard
Columbus, OH
 
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tolyadzn View Post
Without tickreplay you See the ticks values and not the contracts traded. You also can use MZPack the same way, without tick replay.


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yes, that's is exactly my understanding as well. without tick replay you don't have historical bid/ask.

most providers offer two options:

- bid/ask values that require tick replay
- up/down tick values that do not require tick replay

the reason I asked for a screenshot was to determine if bid/ask or up/down tick were used. and no doubt, bid/ask was used. one other possibility would be to use bid/ask with no tick replay and you don't turn your computer off. because as soon as you do (or you do a refresh), all historical values would be gone.

I'm still a little lost here

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  #46 (permalink)
 KahunaDog 
Hawaii at the beach
 
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Silvester17 View Post
yes, that's is exactly my understanding as well. without tick replay you don't have historical bid/ask.

most providers offer two options:

- bid/ask values that require tick replay
- up/down tick values that do not require tick replay

the reason I asked for a screenshot was to determine if bid/ask or up/down tick were used. and no doubt, bid/ask was used. one other possibility would be to use bid/ask with no tick replay and you don't turn your computer off. because as soon as you do (or you do a refresh), all historical values would be gone.

I'm still a little lost here

Maybe I misunderstand how "tick replay" works.
But MZ Pack which I said I like and I think is the best monetary deal, requires you to click "tick replay" enabled to display their footprint and some other chart indicators.
While I have said another product, specifically their footprint does not need tick replay enabled, yet I am able to see the same historical bid/ask in their footprint.

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  #47 (permalink)
 KahunaDog 
Hawaii at the beach
 
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tolyadzn View Post
Without tickreplay you See the ticks values and not the contracts traded. You also can use MZPack the same way, without tick replay.


Sent using the futures.io mobile app

Are you a part of MZpack, the reason I ask is you have 9 posts, and 5 of them about Mzpack.

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  #48 (permalink)
tolyadzn
Berlin
 
 
Posts: 23 since Jan 2017
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No i am not from MZPack.

I use it just a Long Time, since ninjatrader 7 and submitted some ideas for development.

For historical charts, you Need to enable tick replay, if you wish to see the real contract traded.
Otherwise you can record live the contracts traded and then you can Display Them historicaly.

If you dont have tick replay enabled, you can use BID/ASK Tick History. This is just a tick value and not the contract traded, that was realy traded.
It is allmost the same, but in the key points, it Can make the differents.



If you use MZPack without Tick Replay, you also will see live incoming data. That recorded data you could display historicaly.

In MZpack you Can also Switch the calculation based on Ticks Values. In that case you Can use it without tick replay.

I hope this helps.


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  #49 (permalink)
 hati 
Mosjøen
 
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Bought it on a special deal 3 years ago, but havent used it that much until now.

Screenshot with mzBigTrade, and it shows what i like to call trapped traders. This is on ES.

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  #50 (permalink)
 Cristian 
Bucharest - Romania
 
Experience: None
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Posts: 40 since May 2011
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MZPack for NT8 has an artificially created issue: the license verification.
I find myself unable to use it properly because sometimes when starting Ninja MZPack has an license error. For this you have to open a ticket and wait for 1/2 hour up to a day to get the confirmation the issue is resolved.
After that you have to restart Ninja.
If your Ninja crashes you'll always get an license error.
Also, do not expect to be close to Ninja's Order Flow build in indicators performance.

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  #51 (permalink)
 hotshots 
Ankara
 
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Alaskajeff View Post
Was wondering if anyone has tried these indicators. MZpack Indicators for NinjaTrader They look to be a combination of order flow, heatmap and profile. They have some very unique templates as well. I did an advanced search on this forum to see if anyone has talked about this prior. Only a few mentions but no reviews or analysis. Thoughts anyone?

I did not use it. I am using my own modified 9 strategy footPrint indicators.

check image below:

https://ibb.co/ssp5tvc

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  #52 (permalink)
 Pocketful 
Vancouver, BC, Canada
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Ironbeam
Trading: MES YM
 
Posts: 26 since Jan 2013
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I've bought only mzFootprint to copy Anthony's charts from Edge Trading Group. I am still tweaking the imbalance and absorption settings.

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  #53 (permalink)
 Klausi 
Germany
 
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Alaskajeff View Post
Was wondering if anyone has tried these indicators. MZpack Indicators for NinjaTrader They look to be a combination of order flow, heatmap and profile. They have some very unique templates as well. I did an advanced search on this forum to see if anyone has talked about this prior. Only a few mentions but no reviews or analysis. Thoughts anyone?

I have tried and - in a first step - leased it. It is the best investment for your trading you can do !

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  #54 (permalink)
 alberteinstein7 
Boston, MA USA
 
Experience: Beginner
Platform: MutiCharts, Ninja, Jigsaw
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Posts: 9 since Oct 2019
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Hello All,
This is my first post on Futures.io so if I do anything wrong please let me know.

I was very interested in this particular thread because I am new to NT8 and am using the free version. However, as you all know, the free version does not include Market & Volume Profile or Footprint charts. The idea of getting these pre-configured for Ninja and not have to pay ther rediculous price of $1,100US is great. Still $300.00 for the MZ indicators is no drop in the bucket either for a small time trader.

With that said. Does anyone know of a coupon or discount code for the MZ indicators?
Or of another place to find similar indiicators of the same quality at a lower cost?

Thank you in advance.

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  #55 (permalink)
 lesoun 
Prague Czech/Czech republic
 
Experience: Beginner
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alberteinstein7 View Post
Hello All,
This is my first post on Futures.io so if I do anything wrong please let me know.

I was very interested in this particular thread because I am new to NT8 and am using the free version. However, as you all know, the free version does not include Market & Volume Profile or Footprint charts. The idea of getting these pre-configured for Ninja and not have to pay ther rediculous price of $1,100US is great. Still $300.00 for the MZ indicators is no drop in the bucket either for a small time trader.

With that said. Does anyone know of a coupon or discount code for the MZ indicators?
Or of another place to find similar indiicators of the same quality at a lower cost?

Thank you in advance.

IMO MZpack give you best quality with the lowest price.

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  #56 (permalink)
 Klausi 
Germany
 
Experience: Advanced
Platform: NinjaTrader
Broker: Zen-Fire
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alberteinstein7 View Post
Hello All,
This is my first post on Futures.io so if I do anything wrong please let me know.

I was very interested in this particular thread because I am new to NT8 and am using the free version. However, as you all know, the free version does not include Market & Volume Profile or Footprint charts. The idea of getting these pre-configured for Ninja and not have to pay ther rediculous price of $1,100US is great. Still $300.00 for the MZ indicators is no drop in the bucket either for a small time trader.

With that said. Does anyone know of a coupon or discount code for the MZ indicators?
Or of another place to find similar indiicators of the same quality at a lower cost?

Thank you in advance.

There isen't any coupon. You can lease the package for aprox. 40. MZ is worth any buck.

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  #57 (permalink)
 Pocketful 
Vancouver, BC, Canada
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Ironbeam
Trading: MES YM
 
Posts: 26 since Jan 2013
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alberteinstein7 View Post
Hello All,
This is my first post on Futures.io so if I do anything wrong please let me know.

I was very interested in this particular thread because I am new to NT8 and am using the free version. However, as you all know, the free version does not include Market & Volume Profile or Footprint charts. The idea of getting these pre-configured for Ninja and not have to pay ther rediculous price of $1,100US is great. Still $300.00 for the MZ indicators is no drop in the bucket either for a small time trader.

With that said. Does anyone know of a coupon or discount code for the MZ indicators?
Or of another place to find similar indiicators of the same quality at a lower cost?

Thank you in advance.

Hey, does your NT8 version have Volumetric Bars in the Data Series? I don't recall because I own the full license. With it you can build your own footprint ladder.

Speaking of myself, to be serious with trading after going after free and cheep indicators for many years, I decided to stop that behaviour, clean up my charts; then apply myself to understanding the orderflow and using indicators that I have purchased.

Good luck in your journey.

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  #58 (permalink)
 hati 
Mosjøen
 
Experience: Intermediate
Platform: Ninjatrader
Trading: ES
 
Posts: 5 since Jan 2019
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alberteinstein7 View Post
Hello All,
This is my first post on Futures.io so if I do anything wrong please let me know.

I was very interested in this particular thread because I am new to NT8 and am using the free version. However, as you all know, the free version does not include Market & Volume Profile or Footprint charts. The idea of getting these pre-configured for Ninja and not have to pay ther rediculous price of $1,100US is great. Still $300.00 for the MZ indicators is no drop in the bucket either for a small time trader.

With that said. Does anyone know of a coupon or discount code for the MZ indicators?
Or of another place to find similar indiicators of the same quality at a lower cost?

Thank you in advance.

They usually run a xmas/new years special..so wait until then if you want a better deal.

Arnt

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  #59 (permalink)
 alberteinstein7 
Boston, MA USA
 
Experience: Beginner
Platform: MutiCharts, Ninja, Jigsaw
Broker: AMP
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Pocketful View Post
Hey, does your NT8 version have Volumetric Bars in the Data Series? I don't recall because I own the full license. With it you can build your own footprint ladder.

Speaking of myself, to be serious with trading after going after free and cheep indicators for many years, I decided to stop that behaviour, clean up my charts; then apply myself to understanding the orderflow and using indicators that I have purchased.

Good luck in your journey.

@Pocketful No, the Free version does not have Volumetric Bars. Personally, I agree with your opinion, it's only my pocketbook that does not! If I spent $1,100 on Ninja, that woukld be to great of a percentage of my overall account. At this point in my Futures trading career I am still trading Sim and Micros. However, I would be willing to purchase the MZPack if at the end of my trial I believe they are a value-added asset to my trading.

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  #60 (permalink)
 alberteinstein7 
Boston, MA USA
 
Experience: Beginner
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hati View Post
They usually run a xmas/new years special..so wait until then if you want a better deal.

Arnt

@hati Thank you for your reply. I may just do that!

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  #61 (permalink)
 nizarawi 
marrakech morroco
 
Experience: None
 
Posts: 2 since Jun 2020
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after reading the conversation

purchased today , very good add-on

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  #62 (permalink)
 planetkill 
New York City + NY/United States
 
 
Posts: 240 since Sep 2018
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I think the tradable parts of what mzpack offers can be found free online, for example Google TC_BarProfiler. There's other free indicators that further show most if not all that you would get with NT8s volumetric bars.

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  #63 (permalink)
 jalley 
La Grange, CA USA
 
Experience: Intermediate
Platform: Ninjatrader, MetaTrader
Broker: NinjaTrader Brokerage
Trading: MES, MNQ, M2K, MYM
 
Posts: 23 since Jun 2020
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I just purchased MZPack 3 Pro version! Can't wait to try it and write some strategies.

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  #64 (permalink)
 travelinman 
Chester Springs, PA
 
Experience: Intermediate
Platform: Jigsaw & NinjaTrader 8
Broker: Looking - Just getting back into Trading
Trading: ES, NQ, CL
 
Posts: 40 since Apr 2010
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Thanks for all the comments and chart images for MZpack. They are now running a Black Friday (30% off) sale from Nov 16th to Nov 29th. I have been looking at their products recently along with some other vendors. Still on the fence, but from what I have seen and the price, it is very hard to beat.

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  #65 (permalink)
 Pocketful 
Vancouver, BC, Canada
 
Experience: Intermediate
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Posts: 26 since Jan 2013
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The MZpack is great value. I've purchased the footprint and BigTrade only because the NT8 license gives me usable market depth and delta tools.

I will shoot out and thank mk77ch member for his very good Footprint Chart for NT8. I sometimes use it in combination with mzFootprint. Find his indicators here

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  #66 (permalink)
 goodknight 
Dallas Texas/USA
 
Experience: Intermediate
Platform: NinjaTrader
Trading: stocks
 
Posts: 13 since Oct 2013
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This will probably sound like I am a salesman for Mzpack, but I assure you ,I am not affiliated with them in any way except as a purchaser/customer.
I have only been using Mzpack for about 1 month at the time that I am responding to this thread.

I found Mzpack when I was shopping around for a heatmap. I was amazed at the number of indicators they have packaged together, at very affordable price:
Heatmap, footprints, volume profile, and market delta. Their heatmap does not compare to Bookmap, but it is great for the $$ paid.

Regarding the tick replay issue - yes, you must use tick replay to use their indicators. This is not an issue with me because I do not need historical data. I use my heatmap to tell me where support & resistance are currently located. I care more about where support & resistance are at now, and don't really care about where it was at in the past.
So I enable tick replay in the data series gui, and I use 1 bar of historical data. This satisfies what the indicators want to see but speeds up the initial time to load.

The initial setup of the indicators have been a bit of an obstacle for me. The defaults are, of course, part of the initial program download, but you will most probably need to tweek them to make them match your particular taste. There is so much versatility built into these indicators that it makes the setup a bit time consuming, but part of the attributes of indicators with a lot of user defined functionality.
,
The biggest negative for me is the data required. They recommend using unfiltered data, which I have purchased, but it is costing me $165/mo.
Also, you need a fast computer with adequate RAM to run their tools.

The remainder of my input is the system requirements to run their indicators.
-------------------------------------------------------------------------------------------------------------------
The performance of NinjaTrader 8 and MZpack indicators depends mainly on the complexity of your charts and intensity of the order flow of your instrument, but not the CPU performance. Note, 1 instrument and 10 instances of indicators will create significantly bigger load on your CPU than 2 instruments and 5 instances of indicators per each instrument.
The minimal system requirements are Intel Core i3/4Gb for 3-5 instances of indicators.
We recommend AMD Ryzen/Intel Core i7 (3.0+ GHz) with 16+ Gb of RAM for up to 8-10 instances of indicators. Note, that other 3rd party or built-in indicators that you might use will create additional load on your machine.
The recommended minimum number of cores is 4. Note, in NinjaTrader 8 single-core performance is more important than the number of cores. So, 4 cores/3.8GHz CPU will have better performance than 8 cores/2.8GHz CPU.

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  #67 (permalink)
 mhamrin 
Fort Worth TX USA
 
Experience: Intermediate
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goodknight View Post
This will probably sound like I am a salesman for Mzpack, but I assure you ,I am not affiliated with them in any way except as a purchaser/customer.
I have only been using Mzpack for about 1 month at the time that I am responding to this thread.

I found Mzpack when I was shopping around for a heatmap. I was amazed at the number of indicators they have packaged together, at very affordable price:
Heatmap, footprints, volume profile, and market delta. Their heatmap does not compare to Bookmap, but it is great for the $$ paid.

Regarding the tick replay issue - yes, you must use tick replay to use their indicators. This is not an issue with me because I do not need historical data. I use my heatmap to tell me where support & resistance are currently located. I care more about where support & resistance are at now, and don't really care about where it was at in the past.
So I enable tick replay in the data series gui, and I use 1 bar of historical data. This satisfies what the indicators want to see but speeds up the initial time to load.

The initial setup of the indicators have been a bit of an obstacle for me. The defaults are, of course, part of the initial program download, but you will most probably need to tweek them to make them match your particular taste. There is so much versatility built into these indicators that it makes the setup a bit time consuming, but part of the attributes of indicators with a lot of user defined functionality.
,
The biggest negative for me is the data required. They recommend using unfiltered data, which I have purchased, but it is costing me $165/mo.
Also, you need a fast computer with adequate RAM to run their tools.

The remainder of my input is the system requirements to run their indicators.
-------------------------------------------------------------------------------------------------------------------
The performance of NinjaTrader 8 and MZpack indicators depends mainly on the complexity of your charts and intensity of the order flow of your instrument, but not the CPU performance. Note, 1 instrument and 10 instances of indicators will create significantly bigger load on your CPU than 2 instruments and 5 instances of indicators per each instrument.
The minimal system requirements are Intel Core i3/4Gb for 3-5 instances of indicators.
We recommend AMD Ryzen/Intel Core i7 (3.0+ GHz) with 16+ Gb of RAM for up to 8-10 instances of indicators. Note, that other 3rd party or built-in indicators that you might use will create additional load on your machine.
The recommended minimum number of cores is 4. Note, in NinjaTrader 8 single-core performance is more important than the number of cores. So, 4 cores/3.8GHz CPU will have better performance than 8 cores/2.8GHz CPU.

Mz is one of my core go-to indicators. It is amazing for the price. Regarding bookmap I have seen the stop run indicator. Looks like it could be very valuable. Mz has an iceberg indicator as well though. Not sure if it's going to function differently than the stop run indicator or if it's essentially the same thing. Are you using Rithmic for your raw data?

Take care...

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The following 2 users say Thank You to mhamrin for this post:
 
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  #68 (permalink)
 0300trader 
Kapolei, Hawaii
 
Experience: Beginner
Platform: NinjaTrader
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Posts: 1 since Oct 2020
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Does anyone care to share some of the settings they use on the mz pack

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  #69 (permalink)
 Klausi 
Germany
 
Experience: Advanced
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Broker: Zen-Fire
Trading: CL,GC,6E
 
Posts: 53 since Jan 2010
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0300trader View Post
Does anyone care to share some of the settings they use on the mz pack

I have decided for acme - session - profile and I'm happy with it, for me the best ever seen, reliable, easy to configure and great overview.

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  #70 (permalink)
 alberteinstein7 
Boston, MA USA
 
Experience: Beginner
Platform: MutiCharts, Ninja, Jigsaw
Broker: AMP
Trading: ES, MES, RTY, Forex
 
Posts: 9 since Oct 2019
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cordoba View Post
https://www.mzpack.pro/product/mzvolumeprofile-for-ninjatrader-8/

Features listed as including:

"TPO or Market Profile with naked/extended levels: Open/Close, High/Low/Mid, IB High/Low, TPO POC/VAH/VAL".

I don't own the product but I did use the trial version. The market profile capabilities are reasonable.

That was my bad for not properly researching the product.
Therefore I have deleted my previous post.

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futures io Trading Community Trading Reviews and Vendors > Have any members used or tried MZpack indicators for NinjaTrader?


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