Overview
The Double Dragons Trading package combines our best-selling indicator, Nova Wind\, with the classic MA Crossover indicator. Nova Wind excels in monitoring market price movements and providing detailed insights into price dynamics. Meanwhile, MA Crossover offers a comprehensive view by outlining the market’s primary trend. This package is specifically tailored for traders who adopt the “Follow the trend” strategy to attain profits.
The widely used MA Crossover indicator serves to determine the primary trend and acts as a filter to select Nova Wind’s highly reliable signals that align with the primary trend. We implement three instances of MA Crossover with the following settings:
- EMA 20 with EMA 200
- EMA 50 with EMA 200
- EMA 100 with EMA 200.
We utilize data for four EMAs: 20, 50, 100, and 200, as outlined in the settings above.
MA Crossover forms cloud bands representing the primary trend, acting as support-resistance areas for price movements during both uptrends and downtrends.
An uptrend is indicated when the EMAs 20, 50, and 100 sequentially cross above the 200 EMA, resulting in blue cloud bands with increasing color intensity. A downtrend is signaled when the EMAs 20, 50, and 100 sequentially cross below the 200 EMA, creating purple cloud bands with increasing color intensity.
Nova Wind, our top-selling indicator of all time, plays a crucial role in providing trading signals within this package. Nova Wind offers numerous features that aid in developing multiple trading systems with versatile styles. In this package, the “Trend” signals of Nova Wind, which align with the primary trend provided by MA Crossover, serve as the main trading signals. Therefore, “Trend in Trend” (the minor trend of Nova Wind within the larger trend of MA Crossover) is a prominent feature of this package. Here, the two trends of the two indicators resemble two powerful dragons winding together and soaring along with the market price movement.
The order entry positions and stop positions in Double Dragons Trading are determined by the following conditions:
- A Buy signal is generated if the Uptrend signal of the Nova Wind indicator appears within the Uptrend phase identified by MA Crossover.
- A Sell signal is generated if the Downtrend signal of the Nova Wind indicator appears within the Downtrend phase identified by MA Crossover.
The stop position is placed at the “Trailing Stop” Plot of the Nova Wind indicator.
Bid farewell to hit-and-miss approaches and welcome the potential for high rewards. This package is meticulously crafted to harness the power of trends, providing you with the edge needed to enhance your trading. Embrace the Double Dragons Trading Package and let the winds of trend-driven trading propel you toward a future filled with more rewarding experiences.
Media
Installation
Please read Installation Guide for details.
Support
FREE support for life! Feel free to ask us anything, anytime.
On NinjaTrader 8, you even have access to our PRIORITY SUPPORT directly from charts.
Software upgrade
All software upgrades for NinjaTrader 7 are absolutely FREE of charge.
All software upgrades for NinjaTrader 8 are absolutely FREE of charge.
A one-time low fee may be required for an upgrade from NinjaTrader 7 to NinjaTrader 8.
Terms
ALL SALES ARE FINAL & NON-REFUNDABLE!
Because software products may be copied and stored easily, we will NOT issue refunds of any kind.
Software Changelog
NinjaTrader 8 version:
- 19 Jul 2023 – The package was released.
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