In the sophisticated and competitive trading environment, especially in scalping, the selection of suitable, precise, and efficient tools becomes a critical component for achieving success. Responding to this demand, we are pleased to introduce our SuperDOM indicator for NinjaTrader 8, an innovative and meticulously designed solution, primarily aimed at scalping traders. This tool seeks to elevate and accelerate trading operations, offering an unprecedented strategic advantage in this particular area.
This indicator, which requires Level II data for its operation, allows traders to execute trades directly on the chart through an integrated DOM trader. Unlike the conventional Chart Trader, which may take up valuable screen space, our DOM trader is designed for more efficient interaction. It is designed to respond quickly in markets of very high volatility.
Additionally, the DOM trader of our indicator is compatible with ATM (Automated Trade Management) orders, providing greater flexibility and control in managing operations. This compatibility with ATM orders means that traders can set up automated trading strategies, reducing response latency, and minimizing risk.
This documentation will provide a detailed guide on how to set up and use the SuperDOM indicator in NinjaTrader 8. Whether you are an experienced trader or just starting, you will find the necessary information to make the most of this powerful tool here.
The SuperDOM that we offer in our indicator for NinjaTrader 8 is structured in 6 columns, facilitating an organized and clear presentation of information. Each of these columns has been designed to house particular data, thus allowing customization according to the trader’s needs and preferences. This column layout offers unique flexibility, enabling users to configure the SuperDOM to display exactly the information they consider most relevant for their trading operations and eliminating what they do not require.
The columns are numbered from 1 to 6, and these numbers are used to designate the position of the data.
Defines the minimum opacity for bars, making them transparent or solid.
Determines the Z Order of rendering, controlling the display hierarchy.
Specifies the text font used for bar labeling.
Defines the padding space in pixels for bar edges, controlling the distance between them.
Option to set the margin either automatically or manually. When saving templates you should disable this option. Otherwise the automatic margin is added to the marging saved on the template when loaded adding extra space. Automatic marging can help you to calculate the required margin to the set manually this value by left clicking in chart -> properties -> Right Side Margin.
Option to disable resetting level II data when requested by data source. When this option is enabled the data is kept in memory allowing the DOM to keep older albeit outdated values.
Enables automatic volume calculations for cryptocurrency values.
Removes transparency when the chart is compressed vertically to increase visibility.
Displays the expanded view of trades.
Choose between accumulation or refresh modes.
Time in milliseconds to refresh trades when refresh mode is enabled.
Space for the right and left margins of the SuperDOM. In this way you can set optimal separation from candles or scale if required.
Parameter to divide all values by a specific value. This permits better visualization on some high volume markets. This option takes precedence over Metric Suffix.
Minimum and maximum size of the text in the display. Setting values too appart can slow down visualization. For instance too small values are not legible but add latency to renderization and usually very large values are not required since columns too wide are usualloy not set by traders.
Option to use metric suffixes (e.g., K, M) in the display of data. Can be useful if is easy for you to interpret sufixes.
Number of decimal places for metric suffixes. Usually this value should not be set too high as very small values are irrelevant.
Option to disregard the first Delta of changes.
Option to show/hide passive bids.
Specifies the number of ticks to keep in memory. Usually values too far away from price are not relevant for some trading styles and they ocuppy memory. This will drop those values keeping only a sane amount.
Color options for bars and text.
(Description as in Passive Bids, applied to asks.)
Option to show/hide agressive bids.
Color options for bars, text, highlights, and profiles.
Number of ticks to keep away from the actual price. Using a smaller number saves memory.
(Similar to Trade Bids, applied to asks.)
Defines the order quantity when initiating an operation.
Option to display stop placement.
Color settings for ask and bid prices, fonts, and labels.
Filters to ignore orders outside the specified size range.
This column displays changes in level II data. When orders are moved in or out of a price, we can know and track this information as a delta. Can also work in accumulation mode.
Settings to control changes display and their coloration.
Filters to record only orders within a specified size range.
Positioning features allow you to customize the appearance and layout of your SuperDOM interface for optimal user experience and reorder columns at will.
Determines the location of passive bids on the interface. This position could be customized to users preference.
Specifies the location of passive asks within the interface. Like passive bids, this can also be tailored to suit users needs.
Sets the position of aggressive bids on the interface. Users can adjust this as per their preference for ease of viewing.
Controls the location of aggressive asks within the interface. As with all other bid/ask positions, this is customizable for user convenience.
This controls the placement of bid changes on the interface. Customizable to provide a clear visual of changing bids.
Determines the position of ask changes on the interface. As with bid changes, this can be adjusted to suit individual user preferences.
Sets the width of each of the six columns. Tailor each column’s width to prioritize information or maximize space efficiency.
Allows users to set the background color or style (brush) for each of the six columns. This can enhance readability or provide visual organization of information.
Controls the transparency level for each of the six columns. More opaque settings may improve readability, while more transparency could allow for better viewing of information under the indicator.
Options to set orientations for passive and aggressive bids and asks, as well as changes in ask and bid orientation. Can be to the left or to the right. The direction sets the side towards where the columns grow.
The SuperDOM can be placed multiple times on the screen and allows several to be visible by adjusting the right margin so that they do not overlap.