Indicator Manual: Ealtime Upply and Emand

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INDICATOR MANUAL

R EALTIME S UPPLY AND D EMAND


CONTENTS
1. Indicator Installation ....................................................................................................... 2
2. How to add an indicator to your Chart............................................................................. 4
3. Indicator Description....................................................................................................... 5
4. Indicator Values ............................................................................................................. 12
5. Indicator Settings ........................................................................................................... 13
6. Disclaimer ...................................................................................................................... 18

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1. Indicator Installation
To import an indicator to your NinjaTrader, please be sure that you are saving the provided .zip
indicator file to your PC. Do NOT open or unzip the file!

You simply want to save the file in the same format as you download it, so that it stays zipped.
NinjaTrader will do the hard part for us.

Please use the following steps to install the indicator:

• Open NinjaTrader
• The Control Center will be the first window that is displayed when opening NinjaTrader
• In the Control Center go to >Tools>Import>NinjaScript… (Picture 1)
• Navigate to and choose the indicator file (starts with ‘ncat’)
• In case a Warning messages appears like seen in Picture 2– Click ‘Yes’
Also, if you would not like the message to appear every time you install an indicator, just
check the ‘Don’t show this message again’ box.
• After the successful import of the indicator you will receive a notification shown in
Picture 3 below. Just click ‘OK’ and the process is finalized
• IMPORTANT: Restart your NinjaTrader after the initial indicator import!

Picture 1:

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Picture 2:

Picture 3:

Watch a quick video on how to install an indicator

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2. How to add an indicator to your Chart
Here is how you add an indicator to your Chart:

1. Open a new ‘clean’ chart. For the first installation and activation of an indicator please
use a ‘clean’ chart without anything on it. No other indicators or templates, just use the
default NinjaTrader Chart template.
2. There are 3 different ways to add an indicator to a chart
a) Right Mouse Click on the chart – Click on ‘Indicators’ in window
b) Push Ctrl + I on your Keyboard at the same time
c) Click on the ‘Indicators’ Icon in the Chart main navigation
3. New Window ‘Indicators’ shows up with all available Indicators listed. Highlight the
indicator you would like to add to the chart (Remember that Ninjacators Indicators all
start with ‘ncat’) Under ‘Configured’ – click on ‘add’ to add the indicator
4. Highlight the indicator and you can start changing the Indicator Properties. Please take a
look at the next Step 4 on how to place your Order ID for instructions on the indicator
activation.

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3. Indicator Description

The Realtime Supply and Demand indicator captures the core function of every market – Supply
and Demand.

Supply and Demand is the reason why the markets move!

When Supply is bigger than Demand – the price will fall

When Demand is bigger than Supply – the price will rise

When Supply and Demand is the same or “in balance” the price will not move either way. This
Realtime Supply and Demand indicator identifies areas where Supply and Demand is out of
balance and when these areas apply there are great trading opportunities.

All calculation are made in Real-time, the indicator does not calculate or plot historical zones.
Every zone which gets “run over” by the price will disappear from the chart and will not repaint.
As we track real time buying and selling zones new zones will be plotted as soon as the indicator
detects an imbalance of buyers and sellers and other zones will disappear as they are not of
further interest because the buying and selling will take place at a different area.

The indicator can be used in any market and on any timeframe!

By default the indicator will calculate on the chart period. It is possible to set the indicator to
any time based period you like (when using any non-timeframe chart you need to change the
TimeframeType and the TimeframeValue, see settings below).

The chart period can be any time-, price- or volume-based period. The calculation of the
indicator needs to be on a time based period like minute, hour, day, week.

When using a price-, or volume based chart period like Tick, Range, Renko or Volume you need
to set the calculation period of the indicator to a time base period. Just choose in the indicator
settings menu which time period the supply and demand should be calculated on. These zones
will then plotted on the chart of your choice.

The indicator can be drawn multiple times on the same chart and run with different settings
regarding the calculation timeframe as well as colors and plots. That allows you to track Supply
and Demand of several timeframes on one chart.

How to use the indicator for your trading – key facts:

• Looking for a reverse when price hits Strong Supply or Demand zones
• When price rises and comes in an area of Strong Supply – possible sell opportunity
• When price falls and comes in an area of Strong Demand – possible buy opportunity

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• The thicker the zones (price range between high to low of the zone), the stronger the
potential Supply or Demand
• The first touch of a zone tends to be the most effective entry as at this particular
moment the imbalance of Supply and Demand is the biggest. Next touches have smaller
odds to provide the price action we are looking for (only want to buy the first pullback to
the Demand zone) and vice versa with the Supply zone.
• Zones are react time Supply and Demand and do not reprint – When a zone is taken out
(price moves completely through the zones) it will stay out
• Stops can be placed on the other side of the zone. When the price breaks through that
zone the odds are low to see a pullback. That’s why we do not want to be involved
anymore. Often it is possible to use a really tight stop.
• The indicator is completely customizable and can be used on any time frame according
your trading style. We found the best performance can be reached on 10 – 60 minute
periods as well as on 4 hour and daily charts.

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Strong Supply Zone (Same rules as for the Weak Supply Zone)

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Retouch Strong Supply Zone (Same rules as for the Weak Retouch)

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Strong Demand Zone (Same rules as for the Weak Demand Zone)

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Retouch Strong Demand Zone (Same rules as for the Weak Retouch)

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4. Indicator Values

The indicator does NOT expose any values.

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5. Indicator Settings

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ExtendZoneMinutes: Choose the length of the zone extension in minutes.
ExtendZone: When set to “True” the indicator will extend the plot of the active
P A RA ME TE R S
Supply and Demand zones to the right hand side of the chart to give you a better
overview.

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TimeframeType: Choose on which timeframe the indicator should be calculated
on. The timeframe is independent from the chart period. When choose
“ChartPeriod” the indicator will calculate on the period of the chart. Notice: It is
only possible to use time based chart periods when choosing this option like
minute, hour, day and week.
NoWeakZones: When set to “True” the indicator will not plot weak Supply and
Demand zones. Weak zones are areas of minor Supply and Demand. When these
zones are of interest this parameter can be set to “False” and the minor zones
will be plotted. Notice: This function is only for advanced traders to deliver a
wider range of possibilities. We recommend using the indicator with set on
“True” that the Weak Zones not show up.
TimeframeValue: Choose the value of the timeframe. When choose “0” the
indicator will calculate on the value of the chart period. Example: When
choosing “minute” as the timeframe type and choosing “30” as the timeframe
value the indicator gets calculated on a 30 minute period.
RecolorRetouch: When set to “True” the indicator will “recolor” the Strong
Supply and Demand zones in a different color to alert you that the price hits this
zone. After the zone gets recolored it will stay in this color till it gets broken by
the price and finally disappears.
RecolorWeakRetouch: Same as the parameter above but only for the Weak
Supply and Demand zones.

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D A T A S E R IE S Input series: Instrument and period

Calculate: We recommend you set this to On Each Tick


SET UP Label: Indicator Name
Maximum bars look back: Default 256
Auto scale: True
Displacement: 0
Display in Data Box: The Indicator cannot be displayed in the Data Box.
V I SU A L
Panel: Same as input series.
Price marker(s): True or False
Scale justification: Right
C O L O RS Any color can be set to your personal preferences.

FarEdgePrice: Display the price level of the far edge of the supply or demand
zone
DRAW TEXT ZoneHeight: Display the height of the zone in ticks.
MainEdgePrice: Display the price level of the main edge of the supply or
demand zone
E MA I L Important: We recommend to use the Email function only for Time Frames

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bigger than 60 minutes. Example: 4 Hours, Daily or Weekly
Important: You need to setup your Email in NinjaTrader first. Please use this link
to go to Ninjatrader 8 help guide and select
Configuration>Options>General>Managing Share Services>Email Service Setup
Email Address: Email address
Supply Zone Email: Subject for Supply Zone Alert
Demand Zone Email: Subject for Demand Zone Alert
Password: Email password
Port: Email server port
Server: Server address (i.e. smtp.gmail.com)
Username: Email username
AlertOnDemandSound: Whens set to “True” it will sound off an audio alert as
soon as a Demand zone gets hit. When set to “False” the alert is off. Choose any
sound file within NinjaTrader for the alert.
A LE RT
AlertOnSupplySound: When set to “True” it will sound off an audio alert as soon
as a Supply zone gets hit. When set to “False” the alert is off. Choose any sound
file within NinjaTrader for the alert.

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6. Disclaimer

ALL SOFTWARE IS PROVIDED TO YOU AS IS AND THERE ARE NO WARRANTIES, CLAIMS OR REPRESENTATIONS MADE
BY Ninjacators.com OR ITS SUPPLIERS, EITHER EXPRESS, IMPLIED, OR STATUTORY, WITH RESPECT TO THE
SOFTWARE, INCLUDING WARRANTIES OR CONDITIONS OF TITLE, QUALITY, PERFORMANCE, NONINFRINGEMENT,
MERCHANTABILITY, OR FITNESS FOR A PARTICULAR PURPOSE, NOR ARE THERE ANY WARRANTIES CREATED BY
COURSE OF DEALING, COURSE OF PERFORMANCE, OR TRADE USAGE. NINJACATORS.COM AND ITS SUPPLIERS DO
NOT WARRANT THAT THE SOFTWARE WILL MEET YOUR NEEDS OR BE FREE FROM ERRORS, OR THAT THE
OPERATIONS OF THE SOFTWARE WILL BE UNINTERRUPTED. NINJACATORS.COM AND ITS SUPPLIERS DO NOT
WARRANT THE ACCURACY OF THE REPORTS GENERATED. THE FOREGOING EXCLUSIONS AND DISCLAIMERS ARE AN
ESSENTIAL PART OF THIS AGREEMENT AND FORMED THE BASIS FOR DETERMINING THE PRICE CHARGED FOR THE
PRODUCTS. SOME STATES DO NOT ALLOW EXCLUSION OF AN IMPLIED WARRANTY, SO THIS DISCLAIMER MAY NOT
APPLY TO YOU.

NINJACATORS.COM AND ITS SUPPLIERS WILL NOT BE LIABLE TO YOU OR ANY THIRD-PARTY CLAIMANT FOR ANY
INDIRECT, SPECIAL, PUNITIVE, CONSEQUENTIAL, OR INCIDENTAL DAMAGES, WHETHER BASED ON CONTRACT,
NEGLIGENCE, STRICT LIABILITY, OR OTHER TORT, BREACH OF ANY STATUTORY DUTY, INDEMNITY OR
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ALLOW THE LIMITATION OR EXCLUSION OF LIABILITY FOR INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE
LIMITATIONS OR EXCLUSIONS IN THIS PARAGRAPH MAY NOT APPLY TO YOU.

Ninjacators.com and its suppliers shall not be liable in any respect for failures to perform hereunder due wholly or
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floods, epidemics, quarantine restrictions, armed hostilities, riots and other unavoidable events beyond the control
of Ninjacators.com or its suppliers, and the time for performance of obligations hereunder by Ninjacators.com or
its suppliers subject to such event shall be extended for the duration of such event.

Ninjacators.com a property of Ninjacators LLC did not summon and/or recommend ANY kind of trading, trading
decisions, investment and investment decisions.

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN
ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE
TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT,
IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL
ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO
REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR
TO THOSE SHOWN.

GOVERNMENT REGULATIONS REQUIRE DISCLOSURE OF THE FACT THAT WHILE THESE METHODS MAY HAVE
WORKED IN THE PAST, PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. WHILE THERE IS A
POTENTIAL FOR PROFITS THERE IS ALSO A RISK OF LOSS. A LOSS INCURRED IN CONNECTION WITH TRADING
FUTURES, STOCKS, FOREX, OPTIONS OR ANY KIND OF OTHER TRADING PRODUCTS CAN BE SIGNIFICANT. YOU
SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR
FINANCIAL CONDITION SINCE ALL SPECULATIVE TRADING IS INHERENTLY RISKY AND SHOULD ONLY BE
UNDERTAKEN BY INDIVIDUALS WITH ADEQUATE RISK CAPITAL.

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