Deep Signal Cobra
An advanced trend-reversal detection indicator for NinjaTrader 8 that helps you spot potential turns with clarity and discipline.
Trend Indicating Oscillator
Cobra’s numeric oscillator swings above and below zero — positive values favor a long reversal, negative values favor a short reversal. The greater the value (either direction), the stronger the potential turn.
Smart, On-Chart Controls
Ships with intuitive thresholds and quick tuning:
- +10 for long setups
- –10 for short setups
- Adjust in seconds via Properties or on-chart taps: L++ / L-- to tune long, S++ / S-- to tune short
Look For Go Long Trade Signals when Cobra points turn Green and Go Short Trade Signals when Cobra points turn Red. Wait for opposite colored candle confirmation, then strike!
Trade the confirmation — not the guess
Cobra encourages disciplined entries: wait for an opposite-colored candle to confirm the reversal before acting.
Example: Just before 10:07, Cobra flips yellow → red as it drops below the –10 short threshold. Wait for the first red candle at 10:07 to confirm — then strike.
Quick Recap
- Signals set the stage; candles confirm
- Use thresholds to fit instrument/volatility
- Consistency beats impulse
Flexible by design: Cobra adapts easily across different instruments, time frames, and bar types — just tune the thresholds and keep the confirmation rule.
- Instruments: Adjust thresholds to match each market’s volatility profile.
- Time frames: Apply the same confirmation logic from short-term to higher time frames.
- Bar types: Works with standard and alternative bars; use the opposite‑color candle to confirm.
Real-Chart Examples
Renko 10 Tick Chart
Using the same process as Deep Signal Renko, we wait for the red candlestick confirmation around 5:28 — then we strike.
Heiken-Ashi · 1-Minute
Although the Cobra points drifted into our long threshold, we waited until a confirmed green candlestick before entering a long trade.
Multiple Setups · GC · Deep Signal Renko
With a 20-tick bricksize, we have multiple trade signals for those that are patient.
No Confirmation? Expect Continuation.
If we get a trade signal where there is no confirmation, it often implies the trend may continue.
Ready to trade with clarity?
Tune thresholds in seconds. Confirm the trend reversal. Execute with confidence.