NinjaTrader Indicators

PowerZone Trading offers the following indicator package for the NinjaTrader format:

VSTOPS Indicator Package for NinjaTrader
Indicator and PaintBar Study

The VSTOPS Indicator Package provides an innovative method of calculating stop levels based on market activity. This package includes both an indicator and a paintbar study that work together to give traders an objective method of determining a trading condition as well as providing definitive stop levels. VSTOPS uses an extremely fast filter to determine market volatility, and step-up stop levels to help traders protect their profits.

PZT VSTOPS displays a dotted line representing the current stop level that is displayed below the current price for long conditions, and above the current price for short conditions. As price continues into a trend, the indicator recalculates these stops, moving them closer to the direction of the current price.

The indicator uses a color-coding system to quickly identify the condition of the market, and this can be customized by the user. By default, green represents long conditions, red represents short conditions and blue represents a transition (between long and short). As price transitions, a blue dot appears at the point where price penetrates the stop level. In many cases, this represents the end of a price move.

To view the VSTOPS user's manual, click here

PRICE: $99

Indicators will be e-mailed to you as a link. Please allow 24-48 hours for delivery after purchase.

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