Description
The Purpose Edge Bands is a sophisticated drawing tool developed for NinjaTrader 8 and 8.1. It specialises in identifying fair value equilibrium from user-defined anchor points and mapping robust volatility edges by calculating a dynamic equilibrium core line, then projecting inner and outer bands based on Median Absolute Deviation (MAD) calculations that remain stable during sharp price spikes, providing traders with clear visual frameworks showing when price is balanced, stretched, or reaching extremes where rotation or expansion becomes likely. When you purchase the Purpose Edge Bands from Rize Capital, you receive the complete NinjaScript source code, providing total freedom to modify the equilibrium calculation methodology, customise the MAD-based band distance parameters and visual appearance settings, or integrate the anchored fair value logic into your own trading frameworks with no restrictions whatsoever.
Tutorial Link : Purpose Edge Bands Drawing Tool| NinjaTrader 8 | Rize Capital
Unique Code: PAYFPOW2 (Use this code to search for this source code on Rize Capital)
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