Smart Support/Resistance
Smart Support/Resistance
Optimal Ninja Snap ES Bars make it simple to spot support and resistance areas in the form of overlapping bars but sometimes there are more subtle price rejection levels on the chart.
Smart Support and Resistance
searches for medium term and short ('micro') term price-rejections and marks these on the chart in green
and yellow.
With micro signals, these are usually double-top and double-bottom patterns formed over the last 2-4 bars, but the logic also detects hidden trend-line breaks or micro-two legged patterns that can strengthen reversal signals.
Medium-term patterns are shown as [ ] and
[ ], micro levels are shown by connecting lines.
These are not normally entry-signals in themselves but are intended to aid chart-reading in conjunction with Quartz and Smart Algo Detector.
The following session shows a chart with all indicators loaded. Notice how the confluence of Support signals ultimately resulted in sizeable moves. The downward-sloping green line
at around 0932 EST is a hidden trend-line break pattern, or micro bullish support signal.
For more information about
Smart Support/Resistance
please see our
FAQ.
Smart Support/Resistance included with Optimal Ninja Quartz
Optimal Ninja Snap ES Bars make it simple to spot support and resistance areas in the form of overlapping bars but sometimes there are more subtle price rejection levels on the chart.
Smart Support and Resistance
searches for medium term and short ('micro') term price-rejections and marks these on the chart in green
and yellow.
With micro signals, these are usually double-top and double-bottom patterns formed over the last 2-4 bars, but the logic also detects hidden trend-line breaks or micro-two legged patterns that can strengthen reversal signals.
Medium-term patterns are shown as [ ] and
[ ], micro levels are shown by connecting lines.
These are not normally entry-signals in themselves but are intended to aid chart-reading in conjunction with Quartz and Smart Algo Detector.
The following session shows a chart with all indicators loaded. Notice how the confluence of Support signals ultimately resulted in sizeable moves. The downward-sloping green line
at around 0932 EST is a hidden trend-line break pattern, or micro bullish support signal.
Smart Support/Resistance included with Optimal Ninja Quartz
Smart Support/Resistance
Optimal Ninja Snap ES Bars make it simple to spot support and resistance areas in the form of overlapping bars but sometimes there are more subtle price rejection levels on the chart.
Smart Support and Resistance searches for medium term and short ('micro') term price-rejections and marks these on the chart in green and yellow.
With micro signals, these are usually double-top and double-bottom patterns formed over the last 2-4 bars, but the logic also detects hidden trend-line breaks or micro-two legged patterns that can strengthen reversal signals.
Medium-term patterns are [ ] and [ ] and micro levels are shown by connecting lines.
These are not normally entry-signals in themselves but are intended to aid chart-reading in conjunction with Quartz and Smart Algo Detector.
The following session shows a chart with all indicators loaded. Notice how the confluence of Support signals ultimately resulted in sizeable moves.
The downward-sloping green line at around 0932 EST is a hidden trend-line break pattern, or micro bullish support signal.
For more information please see our FAQ.
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 one's financial security or lifestyle. 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 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.
Trademarked Materials – “NinjaTrader® is a registered trademark of NinjaTrader Group, LLC. No NinjaTrader company has any affiliation with the owner, developer, or provider of the products or services described herein or any interest, ownership or otherwise, in any such product or service, or endorses, recommends or approves any such product or service.”
Testimonials – Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.
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 one's financial security or lifestyle. 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 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.
Trademarked Materials – “NinjaTrader® is a registered trademark of NinjaTrader Group, LLC. No NinjaTrader company has any affiliation with the owner, developer, or provider of the products or services described herein or any interest, ownership or otherwise, in any such product or service, or endorses, recommends or approves any such product or service.”
Testimonials – Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.
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