Temporal Asymmetry Indicator for NinjaTrader 8 — Multi-Scale Tick-Level Directional Speed

Multi-scale tick-level indicator for NinjaTrader 8. Measures whether up moves or down moves are faster across up to 3 configurable timeframes. Join trends, Mean revert, scalp, and understand the futures market on a deeper level. 

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.

Produces a raw, high-resolution signal. Smoother on the medium and slow layers. Measures price movement over a configurable interval, and over a configurable lookback. determines how fast price goes in one direction vs the other, outputs a normalized 0-1. values above 0.5 indicate price moves up faster than it moves down and vice versa. Up to 3 layers possible. each layer applies a configurable EMA smoothing, works on any instrument with active tick flow. Tested only on NQ and ES

Is Calculate.OnEachTick and uses OnMarketData for constant updating and maximum granularity. is not dependent on what time frame you use as it updates constantly, but it does only stamp the final value OnBarClose, so keep in mind that historical chart data will show the final bar-close value for each bar. The real-time intra-bar updating is only visible on live data or tick replay. 

!!!Requires live data or tick replay!!!

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. Includes adjustable parameters for all three layer windows, buffer sizes, and smoothing.