Support Resistance Indicator for NinjaTrader identifies the support and resistance from the higher timeframes on one chart. As most traders know, congestion areas can cause huge losses. What most traders fail to realize is that congestion areas appear as price is testing support and resistance on the higher timeframes. The Congestion Zones Support and Resistance indicator uses a proprietary algorithm designed to plot the support and resistance from the higher timeframes on the lower timeframes as a visual reminder that price is entering an area that may serve as support or resistance. This prevents traders from entering in these dangerous areas.
Simply set your higher timeframes in the indicator and watch how price magically goes to these areas. It is that simple!
Included in the subscription is the indicator for both charting and the Scanner, plus audio and email alerts.
Included in the subscription is the Trend ATR for charting and the indicator for RadarScreen, as well as email and audio alerts.