Momentum Indicator System for NinjaTrader8 (PSSMomSys)

The fast low-lag "PSS Momentum" indicator allows you to track the momentum & trend direction and strength
for any market (Stocks, Futures, FOREX etc) and any timeframe and can be intergated in an automated trading strategy!
A very strong up momentum will generate a momentum of around +100 and a very strong down momentum -100.
You can smoothe the fast low-lag momentum via the "Smoothing" parameter is available

"PSS Momentum" indicator Topics:

Momentum Indicator for NinjaTrader8
Try the "PSS Momentum" indicator for free for 7 Days!

  • Download the "PSS Momentum" indicator - click the button above
  • Select in NinjaTrader8 Control Panel - Tools/Impoort/NinjaScript Add-On
  • Navigate to the downloaded file and click on "Open"
  • Click OK on the import warning box - check "Don't show this message again" for next time
  • Click OK on import confirmation box
  • If a "duplicate" error occurs - Control Panel - Tools/Remove NinjaScript Assembly and select "PSS Momentum"
You can buy an One Year License for the "PSS Momentum" indicator for only $129.95 (per machine/computer)!

Click below to buy a one year "PSS Momentum" indicator License:

Enter your NinjaTrader ID:  

You can adjust how many recent bars the "PSS Momentum" indicator is using for the calculations - via the "Lookback" indicator parameter.
The default is 30 bars and the minimum is 3.
The samples below shows the difference between Lookback 10, 30 and 100 - on a AAPL 15 Minute chart:

Lookback Periods

You can adjust the "Lookback" period in Bars and "Smoothing" of the Momentum Calculations via the Indicator Parameters:
Momentum Indicator for NinjaTrader8
You can adjust the momentum smoothing in the "PSS Momentum" indicator - via the "Smoothing" indicator parameter.
The default "Smoothing" is 6 bars. A "Smoothing" of "1" will disable any smoothing and show the raw/direct momentum.
The samples below shows the difference between "Smoothing" 1, 6 and 24 - on a AAPL 15 Minute chart:

Lookback Periods
The "PSS Momentum" indicator can be used with any Market - as shown below:

Market Example
Stocks AAPL
Futures ES 03-19
Cryptocurrency BTCUSD
The "PSS Momentum" indicator can be use also in any timeframe - as shown below:

Timeframe Example
Minutes 15 Minutes
Ticks 10000 Ticks
Volume 100000 Shares
Seconds 30 Seconds
Daily Daily
Below is a sample screen shot - comparing the "PSS Momentum" indicator to ADX/DMI (SPY Daily)

RISK DISCLOSURE: Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one's financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

HYPOTHETICAL PERFORMANCE DISCLAIMER: Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

ADDITIONAL DISCLAIMER: Professional Software Solutions(PSS), also known as PSS assumes no responsibility for your trading results. Past performance does not guarantee future performance and Professional Software Solutions does not make any performance representations or guarantees. Any chart or trading demonstration produced by Professional Software Solutions representing trades and using any systems/methods on the website or in any advertisement, seminar, brochure, magazine or online demonstrations are to be considered hypothetical trades for educational purposes only. No trading system can guarantee profits. Hypothetical trading results can be unreliable.

Testimonials Disclosure: Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.