Big Trades, Iceberg Orders, Aggressive and Predatory Trades and More
Indicator name: mzBigTrade
In opposite to other big trades indicators this indicator displays big trades as exact as one tick of price. You will see exact levels and prices instead of fuzzy overlapped spots on the chart.
Bigtrade NinjaTrader Indicator features
Searches big trades with high accuracy
Aggregates trades and “iceberg” orders by time
Display and aggregation filters
Support/resistance autolevels with just one parameter for easy setup
Popups with detailed trades information
Notifications via sound alrets, in Alert window and via emails
Bigtrade NinjaTrader Indicator
Using Autolevels feature
Autolevels is build by indicator’s algo wich based on market microstructure events processing. We recommend plan trades on autolevels lines with Aggregation option is On. By this setting you can draw realy strong levels of support and resistance. Length and thikness of autolevels line depend on volume of big trade. You can set base length of lines measured in chart bars.
Synergy. The combined use of Bigtarde and other MZpack indicators
Bigtrade NinjaTrader indicator mainly is a tool for daytrading. To enhance your vision as a day trader you can use Bigtrade indicator with MarketDepth indicator and Market-Limit indicator on 1-5 min chart.