The ‘Better’ Indicators: Pricing & FAQs

The indicators work on the latest versions of the trading platforms:

• TradeStation: Version 10 (US & Global versions)
• NinjaTrader: Version 8 (64-bit)
• MultiCharts: Version 15 (64-bit)

No. The indicators do not work on either the web or mobile versions of TradeStation, NinjaTrader or MultiCharts. Unfortunately, custom indicators are not permitted on the web or mobile versions of these trading platforms.

Yes. The indicators work with the free version of NinjaTrader. But to get live/intraday charts on NinjaTrader you will need either a NinjaTrader brokerage account or subscribe to one of NinjaTrader’s supported data feeds.

Yes. The indicators work on TradeStation Simulator and NinjaTrader Market Replay.

Yes. The indicator values are calculated in a DLL, and the exact same DLL is used in the TradeStation, NinjaTrader and MultiCharts indicators. Obviously, the “look and feel” of the charts will be different, and tick charts from different data feeds will never match exactly. However, the indicators should be very similar between the different trading platforms.

TradeStation version of the indicators:

NinjaTrader version of the indicators for the exact same day:

More information is at the bottom of the page here on tick chart differences.

Yes. TradingView finally supports tick charts. TradingView tick charts are currently in beta and will use pre-set intervals (10, 100 and 1,000) that cannot be customized. However, we are currently working (May 2024) on porting the ‘Better’ indicators to TradingView.

No. Unfortunately, these platforms don’t have the functionality or code security features needed.

Yes. The indicators (and Emini-Watch methodology) don’t just work on the Emini; they also work for trading Forex, Commodities, Bonds, Stocks and ETFs:

• Forex: Stick to the futures contracts traded on the CME Globex exchange rather than the cash markets. This way, you get the volume data needed for the Better Momentum and Better Pro Am indicators. More information is in the Forex video here.
• Commodities and Bonds: The indicators can be used for both day trading and swing trading. More information in the Commodities video here.
• Stocks and ETFs: Stick to swing trading, or if you want to day trade, choose the most liquid/high-volume Stocks and ETFs. Smaller-volume Stocks (in particular) are heavily gamed by the Pros, and the uptick/downtick volume data is more erratic.
• NQ, YM and RTY: The indicators also work for trading NQ, YM and RTY. Just adjust your tick chart settings to account for the lower transaction volumes. For day trading NQ use 250/750 tick charts (or 750/2,250 if you’re swing trading). For day trading YM or RTY use 100/300 tick charts (or 300/900 if you’re swing trading).

The indicators work best on tick charts but can also be used on other chart types:

• Minute charts: Better Pro Am (which calculates average trade size) is less accurate on minute charts than tick charts. The algorithm is a proxy on minute charts and does not measure the average trade size. Better Sine Wave and Better Momentum work perfectly well on minute charts.
• Daily charts: The indicators work on daily charts. Although Better Pro Am is using a proxy to measure average trade size on daily charts, I think it works well.
• Candlestick charts: Better Pro Am uses bar coloring, which can make interpreting candlestick charts more difficult. However, the other indicators do work on candlestick charts.
• Volume charts: Better Pro Am does not work on volume charts. But volume charts are very similar to tick charts so I suggest using tick charts instead.
• Range charts: The indicators work on range charts. Range charts are very useful in smoothing out market turning points, and Better Sine Wave works particularly well on range charts. (Note: Real-time and historic range charts on NinjaTrader are difficult to match because of the rules NinjaTrader uses when starting new bars. This can be mitigated by starting charts at a particular date and time rather than x bars ago. TradeStation does not have these problems.)
• Momentum charts: The indicators work on momentum charts, which are very similar to range charts. The same comments apply.
• Renko charts: Better Momentum and Better Pro Am do not work on Renko charts. This is because (on TradeStation at least) the volume cannot be split between buying and selling. But Better Sine Wave does work on Renko charts.

More information in the Volume, Range and Momentum Charts video here.

No. Personally, I hate optimized code, and none of the indicators have input parameters that need to be changed based on the market traded or market conditions. The indicator inputs only control things like colors, alerts, etc.

It is important to use a high-quality data feed, particularly with tick charts. Make sure your feed has both real-time and historic data.

• TradeStation: The data feed is “in-built”. If you are day trading the Emini, subscribe to the CME Real-Time Data Package #1 for $70 pm. More information on TradeStation data feeds here.
• NinjaTrader & MultiCharts: There are multiple data feed provider options. Kinetick, eSignal, Zen-Fire and Vision Financial are recommended. Kinetick and eSignal cover equities, futures, forex and indices. Zen-Fire and Vision Financial only cover futures.

Additional data feed comments:

• Level I/II Data: The indicators only need ‘Level I’ data to calculate. The indicators do not use ‘Level II’/market depth data.
• Kinetick: Make sure you are using the real-time data feed, not just the free EOD data included with NinjaTrader.
• eSignal: You may need to adjust your tick charts because eSignal distributes “bundled” data from the CME. I recommend using a 200 tick chart instead of a 500 tick chart for Emini day trading – the bundling of data appears to add a factor of 2.5.
• DTN iQ Feed: I do NOT recommend as customers have reported issues when switching between charts and Better Momentum does not work on 60 minute charts.
• Interactive Brokers: I do NOT recommend as it is not a full tick-by-tick feed. More information at the bottom of the page here on the Interactive Brokers data.

Yes. Open EasyLanguage code is available for the TradeStation and MultiCharts versions of the indicators. Example NinjaScript code is provided with the NinjaTrader version of the indicators. Both show how to call the indicator outputs for use in your own indicators or systems.

Although the functions that calculate the signals are locked, the indicator and system code that calls the functions are open and can be customized. In this way, you can write modified versions of the indicators or incorporate the signals into your own trading systems.

Yes. The NinjaTrader version of the ‘Better’ indicators now works with BloodHound (from SharkIndicators) for building and testing systems. Instructions for using the indicators in BloodHound are included on your account page.

We accept Visa, MasterCard and American Express credit (and debit) cards. Unfortunately, we do not accept PayPal.

The ‘Better’ indicators are available via a monthly subscription, billed automatically on a pre-paid, recurring basis.

Yes. Your subscription will be renewed each month, and the credit card you used at sign-up will be billed automatically on the same date you first subscribed. You can update your credit card details at any time by using the ‘update billing details’ link on your account page.

Yes. Multiple computers are no problem, but you can only use one at a time. Just copy the installation file to your second computer and follow the installation process.

Yes. Just contact us and we’ll swap your subscription. Alternatively, you can do it yourself by cancelling your subscription (using the ‘cancel’ link on your account page) and re-subscribing using one of the trading platform buttons above.

Yes. Just click on the ‘upgrade to multiple platforms’ link on your account page. The subscription for multiple charting platforms is $125 USD/month. The payment you have already made for the current month will be prorated and deducted from your first month of the multiple platforms subscription.

Literally seconds. Once payment is confirmed, you are immediately sent to your account page, where you can download the indicator installer file.

On your account page there is a video (one for TradeStation and one for NinjaTrader) showing exactly how to install. These are the steps:

1. During purchase you should have input your trading platform customer number.
2. Log into your account page.
3. Download the indicator installer file.
4. Note down your Emini-Watch subscriber number.
5. Close your trading platform.
6. Run the installer and input your Emini-Watch subscriber number.
7. Add the indicators to any chart.

Yes, absolutely. If you have any technical difficulties installing then just send an email and we will help you. Don’t forget to check the trading platform version you are using first.

Yes. The online video tutorials tell you everything you need to know:

• Indicator installation and default settings
• Chart settings for trading Eminis, Forex, Stocks, Indices & Commodities
• Why and how markets turn
• Trading with multiple time frames
• Typical setup sequence using the 3 non-correlated indicators
• What confirmation signals to look for
• Profit targets and where to exit
• Low-risk re-entry points

In addition, the Emini trading blog has video updates so you can see the indicators in action and how I use them to trade. Plus, this is a useful page on a range of Emini trading topics.

Yes. Once you subscribe to the ‘Better’ indicators, you’ll receive a 10-day onboarding email sequence. This sequence is designed to help you set up the indicators for your specific market, provide tips and tricks, and explain the various indicator settings in detail. Plus, you can always contact us with questions.

The indicator and system code are periodically improved and updated. In addition, the indicators are kept up-to-date with new versions of the trading platforms. These updates are included in the monthly subscription. Customers are emailed as soon as a new version of the indicators is available.

Yes. You can cancel your subscription anytime using the ‘cancel’ link on your account page. Refunds are not given for any remaining pre-paid period.

To cancel, log in to your account, scroll to the bottom of the page and click the ‘Update Your Account Details’ button. This will open a new page; the ‘cancel’ link is in the ‘Billing Details’ section.

In general, there are no refunds. We will only consider a refund in exceptional circumstances, for genuine reasons and at our discretion.

No. But the monthly subscription fee is very reasonable and will give you a month to evaluate the indicators and signals.

The original (single-timeframe) indicators were withdrawn from sale in March 2016, and support for them ended in March 2019. After March 2019, the original indicator code will not be re-compiled if it ‘breaks’ with new versions of TradeStation, NinjaTrader or MultiCharts.

However, that does not mean that the indicators will not continue to work. The original indicator code has not needed to be re-compiled since August 2012 – and the indicators have continued to work. This is because the indicators do not rely on any ‘novel’ code functionality, use standard charting platform functions, and the charting platforms have not fundamentally changed their compute engines.

So, the indicators will continue to work until TradeStation, NinjaTrader, or MultiCharts change something fundamental in their compute engines that ‘break’ them. When or if this even happens is unknown and cannot be foreseen. And if a new version of TradeStation, NinjaTrader or MultiCharts were to ‘break’ the indicators, they would still continue to work on the version immediately prior to this new version.