WHAT IS INVERSE HEAD AND SHOULDERS AND WHAT ARE THE BENEFITS OF DOWNLOADING IT?
The famed Inverse Head and Shoulders Indicator detects bearish-to-bullish trend reversals based on the famous algorithm by Giorgos E. Siligardos, PhD. It is widely considered to be one of the most accurate trend pattern algorithms and we are happy to provide it for NinjaTrader 8.
Using three peaks (2 “shoulders” and one “head”), this chart formation is a forecasting indicator for a reversal in a bullish market. A unique chart pattern that signals a change in trend from bearish to bullish . The pattern appears as a baseline with three peaks, the centre peak being the lowest and the outside two peaks being very close in height.
INVERSE HEAD AND SHOULDERS FOR NINJATRADER 8
Download the Inverse Head and Shoulders Indicator by Devside Trading for NinjaTrader 8 today! The Inverse Head and Shoulders Indicator is one of our favorite trend indicators and therefore listed in our market trading indicators for NinjaTrader 8!
Devside Trading’s Head And Shoulders Indicator is loaded with premium features & input parameters including:
✅ Based on proven technical analysis of charts
✅ Shows trend reversals
✅ Suitable for all types of traders and investors
✅ Easily set up
✅ Full customization including colours
✅ Drawing the "m-point", price target region, cross target signals & arrow markers
✅ Fully compatible with NinjaTrader 8
✅ Drawing the "m-point" ~ projection of head point to the neckline
✅ Drawing the price target region
✅ Drawing arrow markers when the close value crosses into, above or below the region
✅ Cross target signals for the following states: above price region = -1, inside price region = 0, below price region =1, pattern not yet found = 2
✅ Factors: Shortens or increases the left half of the Head And Shoulders pattern for searching for the left shoulder
✅ Target Percent Lower Border: Defines the lower border of the price region
✅ Target Percent Upper Border: Defines the upper border of the price region
✅ Nearly unlimited amount of search bars for Head And Shoulders patterns
THE GREAT FEATURES OF OUR INVERSE HEAD AND SHOULDERS PERMIT EASY TRADING!
The pattern of the inverse head and shoulders indicator is sometimes employed to identify market reversals. As a result, you can utilize the pattern on the lower periods to spot the conclusion of a reversal and a change in the main trend's direction if you are particularly interested in trading opportunities in that direction.
Our Volume Delta Profile indicator, one of our favorite volume indicators, can be viewed for a more thorough analysis. You can also use it in conjunction with one of our momentum indicators, like the Stochastic Oscillator Superior indicator, to get a more precise estimate of how long a price change will last. You can assess the strength of a bullish or bearish market using this combination.
OTHER USEFUL REVERSAL INDICATORS FOR NINJATRADER AND MORE!
With the Inverse Head and Shoulders Indicator download you are using one of the most reliable trend reversal patterns, but be sure to check out our other reversal indicators:
The opposite of head and shoulders pattern is the inverse head and shoulders pattern. An inverse head and shoulders pattern predicts a bearish-to-bullish trend.
A security moves away from its highs during both pullbacks and reversals, but pullbacks are shorter and reversals are longer.
EXPERIENCE THE NINJATRADER INVERSE HEAD AND SHOULDERS INDICATOR AND OTHERS BY DEVSIDE TRADING!
Add the Inverse Head and Shoulders Indicator to your cart to download it and enjoy all of its features, including trend changes and alerts. After entering the necessary information during checkout, you can select one of our many secure payment options.
After that, you will receive a confirmation email from us along with an activation code that will allow you to download the Inverse Head and Shoulders Indicator securely. Interested?
Do you need assistance using our app's Inverse Head and Shoulders Indicator or activating your purchased downloads? View our helpful activating your product guide for more information! Need more?
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