ORBie
for NinjaTrader
Magic Levels are automagically calculated and plotted at the open of each trading day for Futures, Stocks, Crypto… pretty much anything with a chart!
Daily, Weekly, and Monthly levels are included. Monthly levels will appear the thickets, as they are the strongest, followed by the medium thick Weekly levels and more fine Daily levels. For day trading, including all 3 sets of levels should offer multiple level thoughts each day on most assets most days. When find tuning swing targets, Magic Levels offer areas to watch for an intra-day entry while watching an idea develop on a higher timeframe chart.
Paired with VWAP and/or an Moving Average for trend, the Magic Levels offer quick and easy entries and targets for breakout and reversal traders — without the need to chart multiple assets each and evert day.
↓ Two week trial. ↓
Trading Ranch Membership
Diamond Membership Includes Access to NT8 Strategies + Exclusive Indicators & Tools
Potentially pays for itself & You can pair it with other indicators for no extra cost!
Or Get Lifetime Access for ORBie for NinjaTrader8 (Coming Soon)
What is ORBie?
ORBie is a “Strategy” for NT8 that automatically trades the Opening Range Breakout — Barbie-style.
This AutoTrader ORB bot manages entries and exits automatically for the Opening Range, trails the stop, and manages position sizing for maximum risk control.
How Does It Work?
Complete walk-through coming soon, until then please watch the video below for a tutorial and details on the ORBie.
ORBie settings allow control of sensitivity for the entry and exits, control over direction, and my personal favorite: risk management. ORBie will calculate how many contracts/units you can take within a set max risk per trade and limit the number of trades taken. When “Do Not Re-Enter On Exit Candle” is checked, ORBie will wait until the next candle for your data series before considering a re-entry (be sure that the Opening Range Duration is a multiple of your timeframe for this to work).
Be sure to set the start time and range duration to your specifications. I use 08:30 for the New York Open Start Time in central time. It will be 09:30 for New York by default. The Opening Range Duration is low long after the start time to include in your Opening Range.
Quittin’ Time is the duration in minutes that ORBie will look for trades (after the start time). The New York session is 390 minutes.
↓ Two week trial. ↓
Trading Ranch Membership
Diamond Membership Includes Access to NT8 Strategies + Exclusive Indicators & Tools
Potentially pays for itself & You can pair it with other indicators for no extra cost!
Or Get Lifetime Access for ORBie for NinjaTrader8 here (Coming Soon)