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I have spent some time with indicators supplied by Ninza.co. ( they provide a free Renko bar indicator) They have a wide array of tools and indicators which seem very useful. Before I invest too much time I'd like to know if anyone has had experience using their Renko bars, MA's, oscillators, etc. (numerous studies that appear identical to the Lizard indicators)
I have found no complaints whatsoever and a number of favorable endorsements from customers, but am unable to contact current users save for one.
Many thanks for any reply,
Gleneagle
Can you help answer these questions from other members on NexusFi?
I use their Renko bars as well as their Supply/Demand Discovery indicator and the EOB ordering tool. All these products work without any problems and do their job just as promised in the description. The support is very responsive and offers really good assistance when it comes to indicator parameters and settings for specific charts. Bottom line a good site if you're looking for some fairly priced additional indicators.
Possibly you can find some similar indicators here but e.g. in regards to the EOB ordering tool I don't know any other vendor who offers something like that for that price.
"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
Really appreciate your reply. I've found pretty much the same thing. (a very responsive group to a specific request)
Question: Have you tried to formulate a "strategy" with any of their indicators (using the NinjaTrader builder)? I've been given to believe that represents a difficult task by virtue of the Ninza.co approach to programming the indicators.
Well, I took a deeper look into their SolarWind trend following system and incorporated the various signals into different BloodHound strategies. But as for all these systems, you can't let them rum unattended during the complete market session. You need to baby sit them in order to avoid some 'stupid' entries...
But all their indicators come along with a good documentation and easy to program signal values.
"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
they have no idea what trading is. even demand and supply indicator is totally wrong. doesn't design demand and supply areas, and when it does, they are totally wrong. they are not able to read some trading books to setup real demand and supply areas. basically useless indicator, money lost.
when I wrote to them about the issue, they said that "is not a demand and supply indicator, but a reversal indicator."
pretty sure they have Chinese writers code inexpesive that are flashy but not greatly useful. SOme are great, though many are visually flashy but not substantive.
You can use bloodhound for most indicators. Of course you dont have the flashy colors and thinks like that but the basic is there.
One indicator took my attention and lookt good on there website. I requested a number of days with that indicator witch i received very fast.
My suspicion was correct, the charts were not good at all.
My advice is to ask charts with the indicator you seems to like.
Remember that on most charts in the website, the indicator gives nice signals. They have to sell the indicators…..