Supply/Demand Discovery

Notice

• Trader manual: not available

Locate supply/demand zones with our advanced NinjaTrader supply and demand indicator

Overview

Supply/demand is a very famous trading method that helps traders gauge & takes advantage of trading actions made by BIG PLAYERS (like banks or funds), whose heavy positions seriously impact the market.

Unfortunately, each trader draws supply/demand zones differently. And ironically: when asked how they draw supply/demand zones, what their rules are – they even cannot answer with certainty and clarity. This makes it nearly impossible to code a great NinjaTrader supply and demand indicator.

That’s why ninZa.co set a quest to develop this challenging indicator for the NinjaTrader community. Supply/Demand Discovery, our success & pride, is one of the very rare supply and demand indicators for NinjaTrader 8, and perhaps the most accurate version!

Why is ours the superior version? Because it does NOT repeat the mistake of most existing NinjaTrader supply and demand indicators: they all just draw supply/demand zones from market tops/bottoms. This mistake makes supply/demand nothing but support/resistance (we already have Market Extremes for support/resistance). However, a critical thing traders must understand is that: supply/demand and support/resistance are 2 different things, not one!

Our NinjaTrader 8 supply and demand indicator truly reflects the mechanism of supply & demand – the 2 forces behind price discovery in all markets. Here are the correct definitions:

• A supply zone is where the supply overwhelms the demand (sellers dominate). This makes the price PLUMMET.
• A demand zone is where the demand overwhelms the supply (buyers dominate). This makes the price ROCKET.

As you see, supply/demand zones do not just show up at tops/bottoms. They may occur somewhere in the MIDDLE, which is the key difference to support/resistance.

Our awesome 8 NinjaTrader supply and demand indicator discovers supply/demand zones by searching for large moves happening within a very short period (on chart: you see the price rocket/plummet). It allows you to fully define the criteria of a large move (example: at least 3 ninZaATR within 3 bars, or at least 10 ninZaATR within 7 bars…).

Supply/Demand Discovery is extremely helpful for many common trading styles:

• Reversal trading: If a false breakout occurs, the odd for seeing a successful reversal is very high.
• Support and resistance: Supply and demand zones are natural support and resistance levels.
• Stop loss and take profit: Always place your profit target ahead of a zone and set your stop order behind a zone.

To dig further on this important topic, please read the following great article → 6 Secrets for Supply/Demand Trading.

Key features:

• Sketch active supply/demand areas
• Sketch inactive supply/demand regions
• Display the price near & far from supply/demand areas
• Enable specifying lookback in bars or days
• Offer a choice between 6 modes for the near price: wick, body, complete range, one third, middle, two third
• Extend the far price by considering the bar just preceding a zone’s starting bar
• Set limits on the height of supply/demand areas
• Personalize styles for active supply & demand areas individually
• Customize styles for inactive supply & demand areas separately
• Hide inactive supply/demand regions as needed
• Configure the minimum distance between 2 zones (of the same type)
• Label prices within active supply/demand zones
• Toggle indicators on/off quickly with customizable & draggable switches
• Mark supply/demand zone returns & breaches
• Initiate alerts for supply/demand zone returns & breaches
• Activate alerts for zone proximity approach (in both modes: on bar close & on price change)
• Be NinjaScript-ready for advanced utilization, solely bound by your creativity
• Expose dedicated NinjaScript signals

Alerts:

• Popup alert
• Sound alert (configurable rearm)
• Email alert (possibly configured as SMS alert)
• Message displayed in Alerts Log window

NinjaScript readiness:

• Can be used in HelloWin Backtest - our AMAZING backtesting software @ HelloWin.io
• Can be used in Market Analyzer
• Can be used in Strategy Builder
• Can be used in BloodHound
• Can be used in 3rd-party indicators, strategies, products
• Professional & clean signature for easy calling

Dedicated NinjaScript signals:

• Signal_Supply:
  • 0 = no signal
  • 1 = touch
  • 2 = return
  • 3 = break
• Signal_Demand:
  • 0 = no signal
  • 1 = touch
  • 2 = return
  • 3 = break

Compatibility:

• Instruments: futures, stocks, indices
• Interval types: timebased or non-timebased, standard or custom
• Chart styles: whatever

Usability:

• Ready to use out of the box
• Fully configurable & customizable with ease

Media

Supply/Demand Discovery

21 photos

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.
Please read Customer Service for details.

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.
Please read Upgrade Policy for details.

Terms

ALL SALES ARE FINAL & NON-REFUNDABLE!
Because software products may be copied and stored easily, we will NOT issue refunds of any kind.
Upon purchasing this software, you agree to be bound by Terms of Service.