Recursive Regime and Price Action Analysis - NinjaTrader8 Indicator

NinjaTrader 8 indicator. A regime-adaptive oscillator that blends trend-following and mean-reversion analysis across multiple normalization layers to produce a smooth, continuous directional signal.

Disclaimer

This indicator is provided for analytical and educational purposes only and does not constitute financial, investment, or trading advice. The developer is not a licensed financial advisor or broker. Trading financial markets involves substantial risk and may not be suitable for all individuals. Past performance, whether real or simulated, does not guarantee future results.

No representation is made that the use of this indicator will generate profits or prevent losses. The indicator is a market analysis tool and should only be used as part of a broader trading methodology.

By purchasing or using this product, you acknowledge that you are solely responsible for all trading decisions and outcomes resulting from its use. The developer shall not be liable for any financial losses or damages arising from the use or misuse of this software.

Blue line by default, and the main signal line, called the "RegimeBlend." It is the final score that is received after multilayer normalization, composite weighing, and regime aware blending. when it is >0.5 longs are favored, when <0.5 shorts are favored.

Orange line, this line is the raw multi scale composite, before the regime adaptation kicks in. comparing the blue and orange line is valuable for seeing how much the current regime is affecting the raw scoring.

Grey line, this is a simple efficiency ratio, it measures how efficiently the price travelled over the lookback period. High value indicates that price moved directly from where it was to where it is now. Low value indicates the price covered a lot of ground but didn't get anywhere in the end

Midline, dashed, grey - represents 0.5 on the scale

Top, dashed, green - represents 0.6 on the scale

bottom, dashed, red - represents 0.4 on the scale

The core appeal of the signal is it reads multilayer normalized price action and combines it with a regime analysis. Different normalization layers look at different timeframes while staying on the same data series, giving a both micro, mid, and macro analysis. also filters out the top and bottom 5% of bars to not get faked out by outliers. It is not and should not be used as a standalone entry/exit signal. Just like most other indicators, it is made to better understand market conditions, and include it as part of a deeper level analysis

Includes adjustable parameters that you can tune for your liking, was tested on 5 minute candles and regular trading hours only

Does not repaint, OnBarClose.

Requires an 80+ bar warmup depending on parameters

You will receive a DLL file and an email for contact. You will need to email to obtain a license key and ensure setup goes smoothly