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TIS_OpenClose_Plus for NinjaTrader

TIS_OpenClose_Plus for NinjaTrader
Price: $250.00 $199.00
0 reviews
Brand: The Indicator Store
Product Code: OpenClosePlus
Availability: In Stock
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New ! this indicator will find the OpenClose Setup signals and can also filter using the New Plus Filter :

Both NinjaTrader Versions included : 7 & 8

A classic OpenClose signal with Plus Filter will Paint Only IF :

LONGS : Making a Higher High and also a Higher Low

SHORTS : Making a Lower Low and Also a Lower High

For more info about the OpenClose classic Signals, look at TIS_NHABars Indicator Features : 

This indicator detects Bar Sequences with the following conditions :
For an Up/Down Signal :
1) N Up/Dn Bars
2) N BArs with a Higher/Lower Close
3) N Bars with a Higher/Lower High
4) N Bars with a Higer/Lower Low
5) NEW : N Bars with a wick at the Top
6) NEW : N Bars with a wick at the Bottom

The Bars are defined as Up/Dn Bars by their Color, which can be the corresponding to the HeikenAshi Smoothing or the Standard Color (NEW).
This means that this indicator can also paint the classic NBars Signals; TIS_NBars_UpDown

Some other features :
1) Paint the background acording to the last signal detected
2) Adding a Plot with possible values of { +1 ; -1 } cording to the last signal, so it can be used as a filter
3) Option to add an expiration of the trend after a defined number of Bars.
4) Option to Repeat Signals on same direction.

A full description can be seen on this YouTube Video :

This indicator detects a change on the Trend by looking at last N HeikenAshi Bars characteristics.

It uses the logic inside the Custom Ninjatrader Indicators NBarsUp and NBarsDown, (but using HeikenAshi Bars).

It can be used to trade the HeikenAshi OpenClose Setup as seen on this video ;

 

And it is compatible with Markers !

Markers Compatible
Compatible Fully Markers Compatible

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RISK DISCLOSURE :

Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

HYPOTHETICAL PERFORMANCE DISCLOSURE :

Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.