Updated as of Jan 2015

View our disclaimer and do your own due diligence before using this or any indicator to trade real money, this indicator is designed with the intent of be used as a learning tool for back testing strategies only. It is easily incorporated into the Ninja Strategy Wizard to simplify programming for the beginner trader / programmer.

This self tuning indicator identifies 3 important factors in one go.

1) Compression in the market. 2) Trend. 3) Exit and Entry.

It can be applied to any time frame however you will require enough data to identify the trend on adaily chart allow for approx 2 times the trend number days of data on your chart and go up or down from there depending on your time frame. If your trend is 200 days then load a minimum of 400+ days.

Download the Raefontrading pack with a 30 day free trial from the indicators page.

Cost $250 Australian. All sales are final please do the 30 day free trial before buying.

In the screen shot you can clearly see when its time to be busy. The entry is an early entry of your chosing but the stop placement is always the same just below the entry zone. You have to work with the indicator and tune it to the instrument and time frame you wish to apply it to. The added advantage of this indicator is it also shows range trading. I have set the default for a daily share chart. If the indicator is not ploting on your chart increase the zone untill it does. The zone should be a little bigger then approx the size of your stop.

When the target and entry keep swapping sides you are in a range trading market and you should consider stepping aside or scalping depending on your plan.

I have posted a short video showing how I setup the indicator HERE. The download is a pack and has the audio files included with it. They need to be put in your                               C:Program Files (x86)NinjaTrader 7sounds

How to tune in the original version RCSQ1000 HERE.