NinjaTrader 8 Indicators

Take advantage of the multi-threaded capabilities of Ninjatrader 8 to supercharge your trading. The new platform opens a variety of possibilities that were not available in previous version of Ninjatrader.

Depth Bars

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The Depth Bars indicator shows changes in the total bid depth and total ask depth in a sub-panel along with delta.  The indicator is customizable to calculate the book depth up to the 10,000 inside levels. This will give you an idea of who is in control of the market and when players are about to fold. Using this indicator with delta will enable you to be one step ahead of other traders using normal delta in isolation.

This is a short-term order flow tool. It was designed for charts with bars types such as tick or second granularity.  Success with this indicator requires an understanding of market participants positioning.  The key insight is to recognize when late traders are trapped using price action or volume profile.

Note the example below.  The day starts with strong sellers shown by price immediately trading lower and a significant negative order book skew.  As the weakness in the order book is maintained throughout the opening swing, late buyers become trapped and the market quickly auctions lower.  Using the depth bars indicator will help you identify this situation real-time to participate in the advertisement of lower prices.

The typical settings for trading E-mini S&P futures are shown below.  The colors are customizable.  Delta and the Depth 0 line can be shown or hidden.  The number of levels can be set from 1 to 10000.