MDV Easy Trader
$49.99
As the perfect companion to the MDV Opening Range indicator, MDV Easy Trader is a revolutionary new indicator that will change the way you see the
market and place trades.
MDV Easy Trader allows the easy creation of an upper and lower limit with four
selectable BUY/SELL actions that can be taken when price touches either threshold
of the user drawn range. EXIT RANGE, ENTER RANGE, BOUNCE INSIDE, and
BOUNCE OUTSIDE.
Sold By: MDV Software Solutions
Description
MDV Easy Trader is the perfect companion to the MDV Open With Range indicator !!!
This NinjaTrader 8 indicator allows the easy creation of an upper and lower limit with four selectable BUY/SELL actions that can be taken when price touches either threshold of the user drawn range. EXIT RANGE, ENTER RANGE, BOUNCE INSIDE, and BOUNCE OUTSIDE. It allows you to turn on/off trading by simply pressing the ‘alt’ key and double clicking anywhere in the chart. All trades are based on the current selected ATM strategy in Chart Trader.
When you add the indicator, a range rectangle will be drawn on your chart that you can move or size like any drawing object. Once you have your range set you can
arm/disarm the range by simply holding the “Alt” key and double clicking anywhere
on the chart.
WHEN RANGE IS ARMED – (no trades will be placed when unarmed)
Exit Range –
A ‘BUY’ order will be placed when price moves from INSIDE the range and exits the region through the upper range threshold.
A ‘SELL’ order will be placed when price moves from INSIDE the range and exits the region through the lower range threshold.
Enter Range –
A ‘SELL’ order will be placed when price moves from OUTSIDE the range and enters the
region through the upper range threshold.
A ‘BUY’ order will be placed when price moves from OUTSIDE the range and enters the
region through the lower range threshold.
Bounce Inside –
A ‘SELL’ order will be placed when price is INSIDE the range and touches the upper range
threshold.
A ‘BUY’ order will be placed when price is INSIDE the range and touches the upper lower threshold.
Bounce Outside –
A ‘BUY order will be placed when price is OUTSIDE the range and touches the upper range
threshold.
A ‘SELL’ order will be placed when price is OUTSIDE the range and touches the lower range threshold.
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