R
Indicators starting with R
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Ribbon Trader -trend-confirmation tool
What It’s For At its core, Ribbon Trader is a trend-confirmation tool. Plotting four EMAs of your choice shows you at a glance whether short-term and medium-term price action are moving together. When all four EMAs align in the same direction for two consecutive bars, it “votes” on the trend and drops one arrow—no fussing over crossovers or second-guessing whether the market really has momentum. How It Helps You Trade Clarity Over Noise: Instead of chasing every crossover or minor pullback, RibbonTrader waits for all four averages to tell the same story. That extra confirmation helps you avoid false signals in choppy markets. One Signal, One Decision: You get a…
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RSI Scalper
RSI Scalper Key Components Fast & Slow RSI Fast RSI (default length of 4) is sensitive to quick market shifts. Slow RSI (default length of 9) smooths out noise. Together, they help identify immediate momentum changes while still referencing a more stable view of the trend. Overbought/Oversold Levels Overbought: Default 68 Oversold: Default 42 These thresholds trigger “firstLong” or “firstShort” conditions, allowing the indicator to anticipate potential reversals. LSMA (Least Squares Moving Average) An internal custom indicator calculates the slope of the LSMA line (default 40-period, offset 10. I use 138/55). Uptrend is detected if the LSMA slope is positive. Downtrend is detected if the LSMA slope is negative.…
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RSIProZone
RSIProZone custom NinjaTrader 8 indicator enhances the standard RSI (Relative Strength Index) with optional ADX filtering—so you can quickly see when markets are trending and avoid sideways price action. With just a glance, you’ll spot buy/sell arrows when RSI crosses your chosen oversold/overbought thresholds. Plus, a subtle background color shift highlights extreme areas, so you know when to watch for potential reversals. How It Works RSIProZone Indicator RSI: A classic oscillator, defaulting to a 14-period calculation, with bullish (>50) or bearish (<50) color-coding. Signals: If RSI crosses above an oversold threshold (e.g., 25), you get a buy arrow; below an overbought threshold (e.g., 75), a sell arrow appears. Dots at…
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Risk Reward Tool
Risk Reward Tool Ninjatrader comes with a built-in risk/reward drawing tool. However, i like the one from Tradingview much better This drawing tool adds a trading view look-a-like risk/reward tool to ninja trader for both long and short positions When placing an R/R drawing tool on your chart you can move it around, drag the stop loss/target to its correct price levels and the risk/reward ratio will be updated in real time After installing you can find the risk/reward tools under the drawing tools menu. There’s a long-position tool and a short-position drawing tool Note you can assign keyboard shortcuts to the risk/reward drawing tools using the tools->Hot Keys menu.
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Replikanto Flow Bots-NT Copy Trader
Replikanto Flow Bots: Replikanto Flow Bots: Leveraging Multiple Accounts with the Help of a Copy Trader Replikanto Flow Bots-NT Copy Trader As a trader, you may have multiple accounts in different brokerages or platforms. Managing all of them can be a hassle, and manually placing trades on each account can be time-consuming. This is where Replikanto Flow Bots come in handy. A 10% discount from Replikanto with the code PROPTRADERZ10 Update for Black Friday -40% off code PROPTRADERZ40Black Replikanto Flow Bots are automated trading tools that allow you to copy trades between multiple accounts in real time. This means that when you place a trade on one account, the…
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Reversal Candle Patterns
Reversal Candle This indicator will colour reversal candle Works best with UniRenko style charts. But will colour candles on any chart that meets the following criteria: (Bullish) -Low is below the previous candles’ low -Closes above the previous close -Current and previous candles are opposite colors. (Opposite for Bearish reversal) Adjust the offset to customize how much lower a reversal has to go from the previous candle. You can scalp a few ticks or points using this strategy alone. More about the candle reversal here It is an excellent strategy to use when trading a Prop account PA with a trailing drawdown