1. Overview
The Devil's Edge is a super-charged version of the popular MACD. By nature the MACD is a trend following indicator, the difference with the TDU Devil's Edge is that this indicator works to minimize the false signals that are so common with the standard MACD.
As most traders will know, using the MACD signal lines offers information on when to enter or exit a trade. The Devil's Edge gives you the same detail but in addition, extra information is added to help filter weak or false signals, giving you the confidence to take advantage of stronger trading opportunities while keeping you out of riskier trades.
2. Signals & Alerts
The indicator can show buy/sell signals on the chart together with optional alerts so you never miss a signal
3. Squeeze / Congestion
When the market is not trending but consolidating and in a squeeze then the indicator will highlight this with the yellow dots
4. Bloodhound/Blackbird/Automated strategies support
The indicator exports several plots for the SignalLong/ SignalShort signals and Squeeze which you can use in, Bloodhound/Blackbird, The NinjaTrader Strategy builder, or plain Ninja Script to build your own automated strategies
6. Key Features
- Supercharged MACD
- Trend following
- Combines 5 different indicators into one
- Shows volatility with its Bollinger bands
- Shows congestion/squeeze on the centerline with yellow dots
- Dynamic overbought/oversold lines
- Shows buy/sell signals on the chart
- Alerts
- support for bloodhound/blackbird
- Works on any timeframe
- Works on any market
- Works with any bar type
- Works with any NinjaTrader version
Changelog
03-apr-2022 v1.0.0.3
- fixed unhandled exception in onstatechange
27-nov-2021 v1.0.0.2
- Added support for bloodhound/blackbird
Media
