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One of the things I like about Ninja and Sierra is their ability to link drawings across charts (draw a line on one chart and it shows up on others, etc.).
Sierra has some great drawing tools, particularly extending rectangles. Ninja does not have that capability. A creative programmer created a tool that accomplishes it. It costs 199 (cheap) and allows for drawing rectangles.
It does alot of other neat things too. For example there is a button that hides/shows all drawings. Below are screenshots with the rectangles and then another screen shot after hiding them.
The other thing it does, that is very powerful is shows the number of ticks price is from the levels drawn. The tool does lots of other things that i dont use but others might find useful. For 199 its a steal in my humble opinion.
I paid full price for the tool and get nothing for posting this.
One more thing - the developer: Edge, is extremely responsive and helpful. When i loaded it at first, i had some issues. Edge called me, had me share my screen (who knew skype could do that?), and quickly sorted out my issue.
My trading is like my avatar: Big, Hairy, and Full of S$&T.
Can you help answer these questions from other members on NexusFi?
ROI - sure. Like any tool, its usefulness depends on how you use it. I dont want to stray too far into technique but i think it is important for every trader to learn to spot support and resistance. You can do that using, volume profile or composites, Market Profile, Fibs, Price action, trend lines, channels, harmonics, floor pivots, etc. there are alot of different ways to analyze it, but in the end all of that stuff equates to finding places where price may react.
Each of the above has its own merits and theories. I think the one thing all the various champions of each of the above methods can agree upon is that price does not react in your chosen place to the tick/pip/penny but in a zone.
Personally - i have found htf candles good enough for me and being able to draw the zones quickly with Edge's tool saves me lots and lots of time.
My trading is like my avatar: Big, Hairy, and Full of S$&T.
