The Best RSI Indicator (Relative Strength Index) for NinjaTrader is packed with premium features, including multi time frame capability, signal options, custom plots, and alerts.
Our NinjaTrader 8 indicators are built to maximize the potential of the NinjaTrader platform. This allows for features like various signal types, audio alerts, email alerts, advanced plotting options, and multi time frame functionality.
Summary
The Relative Strength Index (RSI) measures both the speed and change of price movement in the market. The RSI can be used to confirm a trend’s direction, find possible reversals, determine if a market is overbought or oversold and help create entry and exit points. The RSI indicator consists of two oscillators with an upper and lower line plotted at the value’s 70 and 30. When the line crosses over the value 70, the market is considered to be in the overbought region. On the other hand, when the line crosses below the value 30, the market is considered to be in the oversold region.
Features
The features below are included with your purchase:
Different calculation options for RSI: Cutlers, Wilders, Exponential.
Ability to change OB OS levels, ie. 70/30 values.
Highlight chart or indicator when OB OS crossover occurs, or RSI hits 70 or 30 value.
Show signal icon over crossover or touch of 70 and 30 value.
Ability to change signal icon.
Multi Time frame capabilities.
Notification options: text, email, sound, popup.
Ability to add smoothing MA and change MA type.
Signal options:
Enter Extreme – Long signal is created when RSI enters the Lower Area. Short signal is created when RSI enters the Upper Area.
Exit Extreme – Long signal is created when RSI exits the Lower Area. Short signal is created when RSI exits the Upper Area.
Crossover In Extreme – Long signal is created when RSI crosses RSI Avg going up in the Lower Area. Short signal is created when RSI crosses RSI Avg going down in the Upper Area.
Slope Change in Extreme – Long signal is created when RSI slope changes to up in the Lower Area. Short signal is created when RSI slope changes to down in the Upper Area.
Reverse – when enabled, all signals will be displayed as the opposite.
Signal Entry Orders
Want to automate this signal? This product integrates with Signal Entry Orders for semi automated order execution.
Multi Time Frame
Multi time frame functionality allows this NinjaTrader indicator to be added to any Chart window while choosing any secondary data feed for the calculations: Tick, Volume, Range, “Second”, “Minute”, “Renko”.
Alerts
This indicator includes audio, email, and text message alert options.
NinjaTrader Platform
New to NinjaTrader? Check out our NinjaTrader page for more information on getting started! You can download it completely free!
We have a strong foundation with over 10 years of experience serving NinjaTrader users.
I’ve used dozens of different indicators over the years and the ones I’ve gotten from Affordable Indicators are by far my favorite. They’re reliable, they are not resource heavy and, when I have a question, the support is responsive and helpful. Highly recommended!
