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Free NinjaTrader 8 Indicators


Quaderr

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Greetings to all members.

To gain access to amazing free indicators for NinjaTrader 8 simply visit: https://quaderr.com/free-indicators/

Choose from 13 Free indicators and once downloaded you will also receive an email with a $50 store credit to redeem on any lifetime license of any product.

To get you started, find below the file for Quaderr VWAP, a free indicator from Quaderr.

 

QuaderrVWAP.zip

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Greetings all members

Today I would like to showcase our Free QSR Indicator.

Support and Resistance (SR) levels are levels where the market found it hard to move beyond that level.  These levels often determine ranges where the markets will move within or between. When the market breaks above or below these significant levels we can generally expect a big move.  When the markets fail to break these levels we can generally expect the market to revert from these levels back to some other level.

How to Trade it?

Entries:

When the market approaches a SR level we wait to see whether the market pulls back from this level or breaks out through this level.  So when the market breaks above the resistance level you have a break out and you go long. When the market fails to break a resistance level you have a reversion trade and you can short the market. The opposite is true for support levels.

Exits:

Support and Resistance levels provides us with good profit target levels. Exit a long trade at a resistance level above your entry level and exit a short trade at a support level below your entry price.

Stoplosses:

It works well to place your stoploss at your SR level below your entry price for a long and at a level above your entry price for a short.

You can trail this stoploss upwards in a long trade as the market breaks above resistance levels by moving your stoploss level upwards along with the break outs of these resistance levels.

For more info and to download this great tool visit: https://quaderr.com/q-sr/

 

QSR Main Large.png

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