Download and Test - Free Open Source Indicators for NinjaTrader 7 and 8.
I've been using NinjaTrader for close to 7 years now, and have been with them through all the ups and downs of 6, 6.5, and the many multiple versions of 7 that we've been given across the last few years. Each time we have a revision, there are more NinjaTrader indicators that come out or appear on the forums as people became more comfortable with the platform.
I've really enjoyed how NinjaTrader indicators mimic Google or Apple 'apps', in that the community is always growing with many valuable 'apps'/indicators for NinjaTrader indicator users being free. Many are just only slightly better than what you get from the default NinjaTrader indicator list. But occaisionally, you come across one that makes your heart skip a little beat. That one indicator that has the potential to unlock that last little tumbler you've been looking for to help you get to the next level of your trading. The one you save on multiple hard drives so you won't lose it - especially if the original author smartens up and takes it down off of the website.
For me, that one indicator was the 'Divergent Input Series' indicator, written anonymously for the NinjaTrader community. The Divergent Input Series indicator - at first glance, is very normal, and very simple. Some of it's results are fairly ho hum, in fact. Most traders have been taught to look for divergence from their very earliest days of trading. Divergence, simply put, means if price is going down, and your other oscillating indicator is going up - you should fade the move. Or, if price is going up, and the secondary oscillator is going down, you should similarly fade the move.
Most people apply these types of indicators to standard things like MACD, RSI, or STOCHASTICS - indicators normally found in the NinjaTrader indicator default list. But when you get the Divergent Input Series indicator, you notice that you have access to EVERYTHING in the Ninjatrader Indicator list to reference as a secondary oscillator.
Here's an example of a typical MACD style divergence indicator for Ninjatrader:
Standard Divergence Indicators scan for highs and lows of price action to differ from the highs and lows of the oscillator
I've noticed that one of those tools works best, when applied to this tool - and it's not what anyone would ever usually think to apply. It's the 'VOL' indicator from the NinjaTrader indicator drop down list. When you use these two things together - you essentially have a powerful volume spread analysis tool - for free. Most VSA programs cost upwards of a thousand, or two thousand dollars. Their job is to show you when volume is doing something different, relative to price action.
Most analysts would agree that volume spread analysis is one of the only PREDICTIVE indicators around. Volume divergence generally PRECEDES the move, or the reversal, as insitutional traders are buying INTO the low, or selling INTO the high, to get the best price. Here's a screenshot of what this tool looks like on the Emini S&P (it works best on range, tick, and volume bar types....good on minute bars, but better on 'non-time' based bars):
Divergent Input Series on Emini S&P 3 range chart, with free 'Ema Slope Color' indicator for trend determination
Simple strategies work better than complex ones
When using this tool, I like to turn the 'show swings parameter' to 'False'. I lower the swing size values to a bare minimum - either a 1 before 1 after, or 2 before, 2 after - and that helps me see the pullbacks with trend. See, institutions will buy into lows to get the best price before the next run up - and that's when the green arrow appears. If you've ever seen a run away up day and sat there unprepared to trade it - you'll thank me later for this tool and this post. Similarly - on days when the market is falling like a hot rock, check what happens at the red arrow plots when the institutions are selling into highs:
Trade the red arrows in the direction of the red trend at volume divergent reversals....
As you can see - when you're filtering against trend, you find virtually every 'peak pullback' before the hammer comes down - or before the next launch up as the institutions sell or buy into the pullback. See, you can't 'hide' volume. It's one of the purest, most predictive tools you can watch - and when analyzed against price action becomes a deadly leading predictive indicator.
I've uploaded the indicator file, along with the template you need to recreate the charts I've created here in a Dropbox download link. I put it in the area of our website we call 'NinjaTrader Unplugged' where we give away indicators and templates that help traders do more with their base platform - using standard and free NinjaTrader indicators to help them get their trading up off the ground.
To get the indicator, and the template files with my settings, simply click here:
If you have any questions about this indicator, or the template files I've uploaded, you can email me at [email protected], or hit me up on Skype, at 'Integra-Michael'. Let me know how you like the tool, and if you use it successfully in your trading!
How To Get Free live Data for NinjaTrader 8?
You can get both live Real-Time US Market Futures Data and Real-Time Forex Data with no expense to you. There are two different ways to do this:
Free Alternatives for NinjaTrader Live US Market Future Data:
CQG – Futures Data (Free NinjaTrader Live Data) CQG data makes it doable to seamlessly deliver live data and analytics to NinjaTrader. CQG offers the choice of each time period and historical data.You Can get US market Futures data tick by tick without any delay.
Trial Period: 14days
Link to register: Click Here
Free Alternatives for NinjaTrader Forex Market Future Data:
FXCM- Offer Free Live Forex data for NinjaTrader users receive competitive evaluation and quality execution from FXCM’s massive network of forex liquidity providers, which includes international banks, monetary establishments and prime brokers.This FXCM forex data
Works really good along with bell market Profile and bell orderflow .
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Link to register: Click Here (While registering for the free data Select Your Asset Class forex)
Paid Options for NinjaTrader8 Nse and MCX Live Data:
Truedata.in – Offers All in one data plugin which merges Amibroker ADK with Truedata emulated plugin, giving you Open Interest in Amibroker & more. View & use data in Amibroker, Ninja Trader 8 & Excel simultaneously. Integration with Excel – RTD (For Real time) & Historical data downloads (Tick, 1 , 5, 15, 60 mins, EOD)Truedata data
Works really good along with bell market Profile and bell orderflow .
Ninjatrader 8 Fractal Indicator Free
![Download Download](/uploads/1/2/6/1/126129565/984326241.png)
Period: 7days Free Trial
Link to register: Click Here
Ninjatrader 8 Download Free
How To Import & Install Truedata plugin in ninjatrader 8,
Step1: Register using above link you would receive user name & password to your email/mobile with in 24 hours,Incase you don’t receive you can contact truedata online support.
Ninjatrader Indicators Library
Step2: Click Here To download ninja trader 8
Step3: Add your email id then click on download,then select ninjatrader 8
Step 4: After installation , make sure full admin rights are provided to NinjaTrader8,to do this
Right click On the Ninjatrader 64-bit desktop shortcut select properties,then select compatibility tab at the bottom you can find “change the settings for all users” tick mark on it.Then select run this programme as administrator ,apply click OK.Ref to below images,