Podcast
Questions and Answers
Which method helps traders gauge and take advantage of trading actions made by big players like banks or funds?
Which method helps traders gauge and take advantage of trading actions made by big players like banks or funds?
- Supply/demand zones (correct)
- Supply/demand discovery
- NinjaTrader supply and demand indicator
- NinZa.co quest
What is the purpose of the NinjaTrader supply and demand indicator developed by ninZa.co?
What is the purpose of the NinjaTrader supply and demand indicator developed by ninZa.co?
- To draw supply/demand zones differently
- To locate supply/demand zones accurately (correct)
- To repeat the mistakes of existing NinjaTrader supply and demand indicators
- To code a great NinjaTrader supply and demand indicator
Why is the Supply/Demand Discovery indicator considered the superior version?
Why is the Supply/Demand Discovery indicator considered the superior version?
- Because it is one of the very rare and most accurate supply and demand indicators for NinjaTrader 8 (correct)
- Because it cannot answer with certainty and clarity
- Because it repeats the mistake of most existing NinjaTrader supply and demand indicators
- Because it draws supply/demand zones differently
What is the main challenge in coding a great NinjaTrader supply and demand indicator?
What is the main challenge in coding a great NinjaTrader supply and demand indicator?
What is the purpose of the quest undertaken by ninZa.co?
What is the purpose of the quest undertaken by ninZa.co?
Which of the following is NOT a characteristic of the Supply/Demand Discovery indicator?
Which of the following is NOT a characteristic of the Supply/Demand Discovery indicator?
Why is it difficult to code a great supply/demand indicator?
Why is it difficult to code a great supply/demand indicator?
What is the main difference between supply/demand and support/resistance?
What is the main difference between supply/demand and support/resistance?
What is one of the unique features of the Supply/Demand Discovery indicator?
What is one of the unique features of the Supply/Demand Discovery indicator?
Why are supply/demand zones drawn differently by each trader?
Why are supply/demand zones drawn differently by each trader?
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Study Notes
Market Analysis Techniques
- Market sentiment analysis helps traders gauge and take advantage of trading actions made by big players like banks or funds.
Supply and Demand Indicators
- The NinjaTrader supply and demand indicator developed by ninZa.co helps traders identify areas of supply and demand in the market.
- The Supply/Demand Discovery indicator is considered the superior version due to its advanced features.
Characteristics of Supply/Demand Discovery Indicator
- The main challenge in coding a great NinjaTrader supply and demand indicator is ensuring accuracy and reliability.
- One of the unique features of the Supply/Demand Discovery indicator is its ability to adapt to changing market conditions.
Purpose of ninZa.co
- The purpose of ninZa.co is to develop advanced trading tools and indicators to help traders make informed decisions.
Differences between Supply/Demand and Support/Resistance
- The main difference between supply/demand and support/resistance is that supply/demand zones are based on market sentiment and trading actions, whereas support/resistance zones are based on price levels.
Drawbacks of Supply/Demand Indicators
- It is difficult to code a great supply/demand indicator because it requires a deep understanding of market dynamics and trading psychology.
- Supply/demand zones are drawn differently by each trader because they are subjective and based on individual interpretation of market data.
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