Free NinjaTrader Indicators You Must Use in 2023
Ninjatrader 8 as a platform has a huge vast amount of 3rd party providers who have developed programs for their platform and many free NinjaTrader indicators exist.
Which are the best? The top 3 we have listed below that many traders have told us they just simply can not trade without. The indicators below take a lot of work out of the trader or saves them time. They can also help traders visually see important area's on a chart.
We have also included ATM templates which are Advanced Trade Management scripts. Although they are not technically an indicator - it does use a built in function within NinjaTrader that makes them act like one without needing to know all the coding behind them.
Below you will find our top 3 picks for 2023.
XABCD Priceline#2 This will draw a horizonal price line directly onto your chart, updating tick by tick. This is fantastic for visualizing where current price is when looking at the historical candlesticks.
XABCD ATM Pack#3 ATMs are like built-in indicators to the NinjaTrader 8 platform - and the ATM Pack is a bunch of scripts that NinjaTrader loads to perform certain tasks. There are both entry strategies and stop strategies included.
Why Use Additional Free Indicators in NinjaTrader 8?
If you have not used indicators before - Indicators are important to traders because they help them make better-informed decisions. Indicators are not just mathematical calculations that use historical price data to provide insight into the direction and strength of a market trend but they can make your job as a trader easier. Think of them as also little utilities that can make you even more lazy by performing a lot of the same tasks for you.