PowerZone Trading and NinjaTrader, LLC are pleased to announce the release of the popular VSTOPS indicator package for the NinjaTrader platform. The VSTOPS Indicator Package provides an innovative method of calculating trend conditions and stop prices based on market activity. The feature rich NinjaTrader platform and free distribution model already make it unique in the trading industry, but NinjaTrader doesn’t stop there.
VSTOPS users can leverage the power of NinjaTrader, a complete end-to-end trading platform that is free for advanced charting, market analytics, system development and trade simulation that offers flexibility and choice in market data vendors and brokerages world-wide. The indicator uses a color-coding system to quickly identify the condition of the market and can be customized by the user. By default, green represents long conditions, red represents short conditions and blue represents a transition.
This package includes both a custom indicator and a bar coloring utility that work together to give traders an objective method of determining a trading condition, as well as providing definitive prices for stop orders. VSTOPS use an extremely fast filter to establish market volatility that can be used to help traders successfully ride trends and protect profits.
VSTOPS displays a dotted line representing the current stop level and is displayed below the current price for long conditions and above the current price for short conditions. As price continues into a trend, the indicator recalculates these stops, moving them closer to the direction of the current price. PowerZone Trading is dedicated to providing innovative, reactive indicators for active traders. Each indicator is carefully developed based on our live trading experience, extensive research and testing to ensure that each will perform well in today's markets.
As price transitions, a blue dot appears at the point where price penetrates the stop level. In many cases, this represents the end of a price move. PowerZone Trading provides innovative market indicators, custom programming and educational services to enhance and improve trading. All of PowerZone’s products and services are designed to help traders develop robust trading systems that can consistently pull money out of the market.
The introduction of the NinjaTrader platform in July of 2003 raised the bar for real-time trading applications when it pioneered the introduction of Advanced Trade Management. Since then, each subsequent release has introduced powerful customer driven enhancements. This is especially true for the current release, NinjaTrader Version 6, which has added full system development, backtesting and automation features to our industry leading order entry features making NinjaTrader a true end to end trading platform.