NinjaTrader Automated Strategy that executes trades upon formation of Bullish Stochastic Divergence - price makes lower low and stochastic indicator makes higher high and Bearish Stochastic Divergence - price makes higher high and stochastic indicator makes lower low. These are sometimes difficult to see in real time, making automation very useful. Pair with numerous price action and trend confirmation filters as well as our daily bias for additional confluence.
Daily Bias filters: Daily Breakout, Look Above and Fail (Bearish), Look Below and Fail (Bullish)
Trend confirmation: OTF, One Time framing, are 30 min bars trending?
Bullish OTF - 30 min bars making higher highs and higher lows (or higher lows only - non strict mode)
Bearish OTF - 30 min bars making lower lows and lower highs (or lower highs only - non strict mode)
OTF, One tine framing options
NONE - N/A, will enter on all divergences
WITH TREND - only entering in Bullish and Bearish 30 min OTF trends
NOT AGAINST TREND - will exclude Bullish and Bearish 30 OTF min trends
IN BALANCE - current 30 min bar within previous 30 min bar
NinjaTrader Automated Strategy that executes trades upon formation of Bullish Stochastic Divergence - price makes lower low and stochastic indicator makes higher high and Bearish Stochastic Divergence - price makes higher high and stochastic indicator makes lower low. These are sometimes difficult to see in real time, making automation very useful. Pair with numerous price action and trend confirmation filters as well as our daily bias for additional confluence.
Daily Bias filters: Daily Breakout, Look Above and Fail (Bearish), Look Below and Fail (Bullish)
Trend confirmation: OTF, One Time framing, are 30 min bars trending?
Bullish OTF - 30 min bars making higher highs and higher lows (or higher lows only - non strict mode)
Bearish OTF - 30 min bars making lower lows and lower highs (or lower highs only - non strict mode)
OTF, One tine framing options
NONE - N/A, will enter on all divergences
WITH TREND - only entering in Bullish and Bearish 30 min OTF trends
NOT AGAINST TREND - will exclude Bullish and Bearish 30 OTF min trends
IN BALANCE - current 30 min bar within previous 30 min bar