Market Generated Information - MGI
Market Generated Information (MGI) is a collection of objective data derived from the market’s past behavior. This data is used to analyze market structure and context, identifying significant areas of price action that could potentially serve as Support and Resistance in the near future.
This powerful suite of tools automates the identification and plotting of these structural market levels across various timeframes on your charts. This automation frees you to concentrate on trading. Moreover, these tools provide the insights needed to better assess the market’s current state.
This package includes MGI for various timeframes such as Daily, Weekly and Monthly. Also included is an MGI Statistics tools to help with gaining awareness of recent market tendencies to help guide your trading decisions.
MGI
MGI Package Product Highlights
- Comprehensive list of commonly used Market Generated Information for various time frames: Daily, Weekly, Monthly
- Price-based as well as Orderflow-based information such as Value Area and VWAP
- MGI Statistics tool to help gain awareness of recent market tendencies
- Streamlined User Interface
- Inline Tooltips on Indicator Properties menu
- Streamlined graphical presentation of various information on the chart
- Comprehensive online documentation
- Highly customizable and easy to use
- Does not require NinjaTrader’s Lifetime license
- Does not require Tick Replay
What is included in MGI Package
This package includes the following indicators:
- Daily MGI (Overview | User Guide)
- Weekly MGI (Overview | User Guide)
- Monthly MGI (Overview | User Guide)
- MGI Statistics (Overview | User Guide)
- Lag Detector (Bonus tool)
Premium vs Free MGI
We offer two versions of the MGI package:
- Premium version: This version comes with all premium features enabled.
- Free version: This version includes the same list of indicators and offers most of the functionality available in Premium, but has several features disabled. Disabled features include any Orderflow based charts or statistics, Region Highlighting and Range Extensions. If you require these features, please upgrade to the Premium version.
Note: Unless otherwise specified, our packages and indicators are not compatible with NinjaTrader’s Strategy Analyzer/Builder or other third-party automation tools. They are designed solely for visual representation on charts, enhancing the analysis of Price Action and Orderflow. Our tools are built primarily to provide clear visual insights for discretionary trading strategies. No other use model is supported.
