Description
Overview
Like a rover that never stays in one place, Triple-Range Rover is designed to constantly keep up with the latest price development with the lowest possible lag, enabling you to follow the trend more quickly.
Using a proprietary algorithm, we combined 3 moving averages with special inputs into only 1 Triple-Range Rover plot. Each moving average comes with an additional Range attribute, which serves as a weight for these moving averages. You have the flexibility to adjust values for the period and range of each moving average in the settings.
What’s unique about Triple-Range Rover? It can keep you in a strong trend until the very end, without “hiccups” in the middle.
Other trend indicators often show “hiccups”, which means a Green uptrend will switch to a Red downtrend but just temporarily for a few bars, then resume to a Green uptrend again (so annoying).
Please see the pic below… which shows so SMOOTH uptrends & downtrends… Fewer hiccups.
Unlike traditional trend indicators that are unreliable in sideways markets, Triple-Range Rover provides reliable signals in trending markets and also in choppy markets that are sideways in a wide range. The indicator’s trend signals are very close to swing points, suggesting that it is more sensitive to changes in prices compared to other conventional trend indicators.
Even though trend indicators carry the “lagging” nature, Triple-Range Rover is highly responsive to market price movements. We are glad to bring a good choice to you, who are searching for a price-sensitive trend indicator.
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_State: 1 = uptrend, -1 = downtrend
- Signal_Trade: 1 = uptrend start, -1 = downtrend start, 0 = no signal
Usability:
- Ready to use out of the box
- Fully configurable & customizable with ease
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:
- 03 Apr 2023 – The indicator was released (build new).
Reviews
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