Trend Rider Pro

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  • Regular price $175.00
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Overview

We all heard the phrase 'The trend is your friend until its end'. Yet most traders fail to ride those trends. They often miss the start of the trend and then have a difficult time finding entries when the trend is running. And that is not surprising. All other indicators completely neglect to inform traders of the numerous trading opportunities which occur when the market is trending. Instead, they only try to inform traders about possible trend changes.

The Trend Rider indicator displays up to 20 times more trades than the average indicator because it pays attention to what the market is doing. It gives clear signals when pullbacks or breakouts occur allowing traders to hop onto the trend or add on to an existing position. Besides pullbacks and breakouts, it also generates trend reversal signals if the market becomes too overbought or oversold.  It provides clear statistics on how each signal type is performing in current market conditions. 

Note that the trend rider is meant to trade and ride trends. Its performance is less when the market is consolidating/ranging.

Trend Rider Indicator

(R) Reversal signal

When the trend is likely to reverse the indicator will show a red or green R. At the same time the bars will change colors (if enabled) These signals give the first possible point to enter a new trend. They will give you the biggest wins but also have the highest risk. For more conservative traders we suggest trading the breakout or pullback signals.

(BO) Breakout signals

The breakout signal will appear when the market is breaking out of a range or

congestion zone. These are very high probability trades 

(PB) Pullback signals

When price pulls back to the stop line a pullback (PB) signal will be generated. They have a higher probability than reversals but lower the breakouts. That said the risk for these pullback trades is so low, often just a few ticks. This means that the risk/reward for these signals is very good.


Statistics

The indicator shows the number of trades and win ratio for all signal types. By default, it uses an 8-tick target with the stop loss placed (and trailed) the stop line to calculate these statistics. Of course, you can adjust the target. Note that these statistics take all signals into account. In reality, you will probably skip some setups and only trade the high-probability ones. This means that you should be able to get an even higher win ratio when you trade this yourself.

 

NinjaScript/bloodhound support

The indicator exports a 'Signal' plot which can be used when creating your own strategies in ninja script, the strategy builder and/or bloodhound

Signal plot value:

  • -3 short reversal
  • -2 short breakout
  • -1 short pullback
  • 1 long pullback
  • 2 long breakout
  • 3 long reversal 

 

Features

  • Allows traders to ride trends and get numerous signals to get in and ride the trend until the end.
  • Gives multiple signals while the market is trending for breakouts and pullbacks
  • Gives clear signals when the trend might reverse
  • Paint bars 
  • Alerts
  • Statistics for all signal types including win ratio and number of signals
  • Stop line
  • support for ninjascript / bloodhound
  • Works on any timeframe
  • Works on any market (forex, futures, crypto)
  • Works with any ninjatrader license

 

Changelog

25-05-2021 v1.0.0.5

  • fixed bug with statistics

25-04-2021 v1.0.0.4

  • Added option to turn on/off specific alerts
  • fixed multiple alerts/bar
  • Added signal plot for ninjascript/bloodhound

16-04-2021 v1.0.0.3

  • fixed alerts not working

28-03-2021 v1.0.0.2

  • Added horizontal entry line
  • Improved statistics
  • Added option to show/hide statistics
  • Added option to specify where the statistics should be shown on the chart

 

Terms

All our indicators and packages come with

  • a one-time fee only
  • lifetime license for 1 pc (we offer 20% discount for 2nd licenses)
  • includes free future updates

We also offer a 100% free 5-day trial of all our indicators allowing you to test our software before you decide to invest in it. Since you are able to test all our software before buying it all sales are final and non-refundable

 

Media

Trend Rider Indicator for NinjaTrader 8

 Trend Rider Indicator for NinjaTrader 8

Trend Rider Indicator for NinjaTrader 8

Trend Rider Indicator for NinjaTrader 8

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