nt8indicator is a software editor dedicated to the trading world, and more specifically to NinjaTrader 8.x Our goal is to provide you with efficient, inexpensive and easy to use indicators.
The Stochastic Momentum Index (SMI) Ergodic is a leading indicator that sends buy and sell signals by predicting an upcoming reversal in the price of an asset. Trending markets are the easiest markets to make a profit in because the direction of the trend is predictable and we can place trades as long as the trend lasts.
The Trend Intensity Index (TTI) indicator can help determine the strength of the current market trend. The TII range is between 0 and 100, where typically a value above 50 is a bullish trend, and a value below 50 is a bearish trend.
As the name suggests, the ALMA indicator is a moving average (MA) variant and was created by Arnaud Legoux in 2009. The goal was to decrease the lag commonly encountered with moving averages. As with most moving averages, this indicator aims to detect trends and trend reversals. It works similarly to other moving averages, but one of the main differentiators is that it calculates 2 moving averages, one from left to right and one from right to left. This output is then further processed through a customizable formula, for either increased smoothness or increased responsiveness.
The Braid Filter Indicator was first introduced in 2006 by a man named Robert Hill, also known as “Mr.Pips” in Stocks and Commodities Magazine. By the way, Mr. Hill created the first version of this indicator. Over the years, coders created subsequent versions and added modifications. The “braid” is formed by line intersections based on various types of moving averages.