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HOME > Indicators > NinjaTrader > Big Candle Alert

Big Candle Alert

Indicators , NinjaTrader

This indicator from MyIndicators is made to notify traders of significant price movements through the detection of large candlestick formations. This plays a key role in highlighting potential market momentum shifts or reversals, helping traders make better decisions.

Why Candle Size Matters in Trading

In technical analysis, the size of a candlestick can provide important clues about market sentiment. Large candlesticks often signal a decisive move by buyers or sellers, indicating strong market momentum or a shift in trend. By identifying these big candles as they form, traders can enter trades in the direction of strong moves or positions themselves for reversals.

Large candlestick patterns tend to reflect significant market activity and attract more attention from traders, creating opportunities for you to act quickly. With this indicator, these high-impact moments do not go unnoticed.

Key Features of the Big Candle Alert Indicator for NT8

  • Detection of large candlesticks: this indicator automatically identifies candlesticks that exceed a user-defined size threshold, marking significant market activity. This feature ensures traders are aware of when the market could be entering a volatile phase.
  • Customizable size threshold: this tool provides flexibility by allowing traders to define what constitutes a "big" candle. This enables customization based on different market conditions or asset types.
  • Visual and audible alerts: alerts are provided both visually on the chart and through notification sounds, ensuring traders can react immediately to large price movements, even if they are not actively watching the screen.
  • Monitoring: Big Candle Alert Indicator for NinjaTrader constantly monitors candlestick formations in real-time. This is crucial for fast-paced markets where timely entry and exit can make a substantial difference in trading outcomes.
  • Integration with trading strategies: compatible with broader trading strategies, this indicator can be used as a signal for entry or exit points, or as a trigger for more comprehensive market analysis. For example, traders can use it in combination with other indicators to confirm trend reversals or momentum continuation.

Choose MyIndicators’s Big Candle Alert Indicator Made Exclusively for NinjaTrader Platform

The Big Candle Alert Indicator for NT8 offers traders strategic advantage by providing alerts on significant price movements, ensuring you are always prepared for pivotal moments in the market.

Whether you are a day trader looking to capture quick momentum shifts or a swing trader aiming to identify strong reversals, the Big Candle Alert Indicator for NinjaTrader will add an extra layer of insight to your trading decisions. Its visual cues on NinjaTrader charts make it easy to spot big moves at a glance, while the ability to customize the alert thresholds means you can tailor the indicator to your unique market approach.

Get started today and never miss a big move again — download the Big Candle Alert Indicator for NT8!


Big Candle Alert

Buy Now for only

30.00 USD

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FREQUENTLY ASKED

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Who are we?
My indicators is born as an idea from passionate people that love the market. We are a young team that creates indicators to make trading more productive and efficient. We are 100% Swiss based. Discover our vast collection of indicators and become part of the future of trading.
What do we offer?
We offer a wide range of market indicators designed to improve your trading efficiency and insights into market trends.
How can you join us?
Joining us is easy! Visit our website and sign up to get access to exclusive market insights and indicators.
How much does it cost?
Creating a reliable indicator takes time, that’s why every indicator comes with a particular price. We make indicators for NinjaTrader, MT4, MT5 and TradeStation. If you can’t find your platform, don’t worry, we are probably working on it.

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