With buy close button activated, if the bar changes from bearish to bullish it will open long order on at the begining of the next bar. And opposite is true for sell close.
With buy close button activated, the button will become deactivated if bar will continue to form bearish. It ensures you open orders at prices you want.
Its a great way to spot when prices bounces from support and resistance zones.
Some Features of Bounce Trader
Works with NinjaTrader platform
Seamlesly integrates with your ATM Strategy
Fast executions
Controls risk by placing SL just tick above previous signal bar
Designed to work with Ninza Renko bars
Open orders on reversal bars with buy/sell close
Open orders on continuation bar with buysell above
Open orders depending on how bar closes with OCO orders
Open orders with trail option with buy/sell trail
Cancel or Close pending or active orders at anytime
How Buy Above and Sell Below works
With buy above button is activated and current bar is bullish, if the next continues to form bullish it will trigger new order on next bar. Same is true for sell below button.
Its a great way to trade wicks and price rejections at key support areas.
Simplify your trading experience. No need to overthink it as to when to open your orders.
Bounce Trader integrates with your ATM Strategy
How Trail Buy and Trail Sell works
With trail buy button activated, assuming we are in a downtrend, button will stay active and will triger order as soon as next bar forms bullish. Same is true for trail sell button.
Its a good way to open orders when price is exausting at key levels, especially when price forms second high or low.
Simplify your trading experience with renko style charts and Bounce Trader
You can always hit cancel or close orders at any time
How OCO Close works
With oco close button activated, Bounce Trader will trigger new order depending on how bar closes. If bar closes bullish it will trigger buy order. If bar closes bearish, it will trigger sell order.
Its a great way to open positions at a key price levels. Don’t overthink it. Sometimes you expect to price go down but it actually goes up. With this one click it will trigger order depending on how bar closes.
Both OCO buttons function the same way.
Simplify Your Trading Decisions
How Buy/Sell EMA works
With buy/sell EMA button activated, assuming we are in a downtrend, Sell EMA will be triggered when price will reach EMA level. Button will stays active and trails until it reaches EMA.
Ceratin conditions must be met but overall its a quick scalp at anticipated bouce levels.
Simplify your trading experience with renko style charts and Bounce Trader
You can always hit cancel or close orders at any time
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