Chompsky Net

–Chompsky Bands Pro — A full, customizable, trading system with 2 types of reversal entries, a customizable momentum/pressure band, a customizable exit band – Built from the original indicator: Chompsky Bands V1-V5 (V5 currently available for free download on our Discord page. This indicator was primarily developed for renko bar types and signals can be adopted by Trade Saber’s Reversal Predator bot (I use them on the Arc BXT bars)

New Chompsky Band Pro features:
-Primary Bands are now drawn with an DirectX API for super fast rendering and minimal resource usage.
-Tags, Signals and bar color options and customization added within the menu
-Added ‘Trend Resilience’ setting: this option increases the ATR Threshold every time a second entry fails to reach the exit (the ‘increase per loss’ input available in menu) – this can disable second entries until price reaches an exit, which can avoid strong trends.
-Added menu option to disable primary and signal bands from plotting.
-Added external signals that can be used to develop strategies that can be tested within the analyzer
-Momentum signals – utilizing the momentum bands (lighter blue colored bands that appear on the opposite side of a stronger trend). These signals are somewhat rare but may be powerful if the conditions are right. An engulfing filter can be turned on for the signals as well.
-Wave Counter – Each time a trade is successful in a direction there will be an X at the exit point of that trade. This counts as a singular wave. In some cases multiple waves indicates that price is favoring a particular bias and can possibly help identify an edge. There is also an option to filter second signals by a minimal wave count, skipping X amount of waves helping to ensure a bias imbalance may be identified.

–Chompsky Fibs And Measured Moves —- Auto-plotting intraday fibonnaci indicator plots the 61.8% zone, the 38% and the 50% zone. The bands come with option to have Red & Green color change to identify the last plot and bias. The plots are based on the Chompsky Bands Pro indicator logic to further integrate into the Chompsky Bands System. Not only do the bands bring an overall bias to the picture, they bring potential levels for support and resistance as well as potential targets.

-Chompsky Dash (C-Dash)
(Requires ChompskyBandsPro and ChompskyFibsAndMM indicators) This textile box (to be included in a suite/package), helps to keep things at-a-glance, as well as brings a few of its own features to the table, including a 2 EMA tick-separation filter that signals when the tick separation reaches a specific amount in the menu, helping to signal when trends may be reaching extremes.
-Working to incorporate the current percentage of the current active measured moves so that trades can target percentages of moves.
-Bias Pressure Gauge
-MM percentage
-Band color change
-Current Fib Bias
-38% and 62% zone lights up when price reaches the zone
-EMA Tick separation filter for extremes
-BPM (Bars Per Minute) – helps to identify true momentum in non-time-based charts
-Pressure Gauge – A color-based color wheel that indicates which side’s pressure is currently in control. This can possibly help to identify momentum, liquidity or lulls.

The C-Dash can be customized to remove unwanted visuals if you find a feature is not helpful or distracting.

–Shark Fin
This indicator is one of the first NinjaTrader 8 indicators I ever made. I’ve drastically improved the code and may eventually incorporate it into another indicator at some point. As of right now, it will be the last of my indicators offered.

More indicators are currently under construction. I am spending a lot of time and effort to make quality, professional indicators that I actually use myself. I will wait to hear what the community thinks/feels about the current indicators before making more releases.