Introduction to Discretionary Trading Systems and Indicators
Ninjacators offers a wide range of discretionary trading tools — indicators, overlays, signal tools, and complete trading systems — all built for the NinjaTrader 8 platform. Unlike automated bots, discretionary tools give you the information and signals you need, while you remain in control of every trade decision.
What Are Indicators?
An indicator is a visual tool that is applied directly to your NinjaTrader chart. It analyzes price, volume, or other market data and displays the results in a way that helps you identify potential trading opportunities. Examples include trend indicators, momentum signals, support and resistance levels, and order flow tools.
What Are Discretionary Trading Systems?
A discretionary trading system is a more complete package — it typically combines one or more indicators with a defined set of rules or guidelines for when to enter and exit trades. You still make the final call on every trade, but the system gives you a structured framework to follow, which helps reduce guesswork and emotional decision-making.
Types of Tools Available
| Tool Type | What It Does |
|---|---|
| Chart Overlay | Displays directly on your price chart (e.g., support/resistance zones, trend lines) |
| Signal Tool | Generates buy/sell signals based on defined criteria |
| Alert Tool | Notifies you (via sound, email, or pop-up) when a specific condition is met |
| Order Flow Tool | Shows the buying and selling activity behind each price bar |
| Smart Tool | A multi-function tool that combines several analytical methods into one |
Getting Started
All discretionary tools are available for download in your DTS member area at dts.ninjacators.com. After downloading, install the file into NinjaTrader 8 and apply it to your chart from the Indicators menu. Detailed instructions are included with each product.
Trading futures involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results.