PFX SLM for NinjaTrader 8 - Settings Reference

NinjaTrader 8 indicator · version 2.31 · PrecisionFX · free

Every setting in the indicator's dialog, in the same order and groups. PFX SLM draws signals, levels and context and can alert you. It never places an order.

It needs minute bars (1, 3, 5, 15 minute and so on) and enough history loaded for at least one full week (a 10–20 day chart is ideal).

1 · Strategy

Setting	Default	What it does
Trade Structure & Liquidity setups	on	Master switch for the model: ChoCH → fair value gap → price returns to the gap → a candle closes back out. Off = no signals; structure and levels still draw as context.

2 · Entry

Setting	Default	What it does
Swing sensitivity	10	Candles either side of a high or low before it counts as a swing. Lower = more signals and more noise; higher = fewer, cleaner. Only matters while Require a ChoCH is on.
Break must CLOSE beyond the level	on	On = a candle must close beyond the swing to count as a break. Off = a wick is enough.
Require a ChoCH before arming a gap	on	On = a gap only arms after a change of character. Off = every qualifying gap arms; expect far more signals.
Look back for the gap (candles)	10	How far back from the break to search for the three-candle gap.
Look forward for the gap (candles)	12	Backup search after the break, in case the gap forms on the retest. Leave it alone.
Minimum gap size (x ATR)	0.7	Ignores gaps smaller than this fraction of the ATR.
Maximum gap size (x ATR, 0 = no limit)	3	Ignores gaps larger than this. Very large gaps are usually news spikes and carry a very wide stop.
ATR length	14	The volatility average every "x ATR" setting uses. Leave it alone.
Give up after (candles)	40	A setup that price never returns to is dropped after this many candles.
Entry level (% of gap height from its far edge)	60	Where the entry sits inside the gap, measured from the edge price has not reached yet. 50 = the middle.
Entry trigger	Confirmation close	Confirmation close = price touches the entry level, then a candle closes back on the right side. First touch = fires on the first candle to reach it: better price, weaker evidence. On history, First touch is only exact with Tick Replay on.
Only trade WITH the higher-timeframe bias	off	On = longs only while the bias timeframe is above its EMA, shorts only below.
bias timeframe (minutes)	60	The timeframe that bias is measured on.
bias EMA length	50	The EMA that decides the bias.

3 · Risk

Setting	Default	What it does
Target (risk : reward)	1.1	The target as a multiple of the stop distance. 1.1 = the target is 1.1 times as far as the stop.
Minimum stop distance (ticks, 0 = off)	20	Signals with a stop closer than this are skipped, so spread and slippage are never a big slice of the risk. Set it for your instrument.
Skip a signal if a level sits before its target	off	On = a signal is skipped when a real level (strong high / low, previous day or week high / low) sits between entry and target.
Breakeven on structure close	off	On = once a candle closes beyond the setup's push extreme, the recorded stop moves to entry.
Risk % of account (panel sizing only)	1.0	Used only for the panel's position-size row.
account size, for that row (0 = off)	0	The account size that row sizes from. 0 hides the row.
One bar hits stop AND target	Stop	When one candle touches both, which one the trade record counts. Stop = the cautious choice. M1 = look inside the candle on 1-minute data. Target = the optimistic one. Affects the record and result tags only.
Simulate the strategy's time exit	off	On = a recorded trade still open after the bars below is closed in the record.
after (bars from the fill)	60	How many bars before that time exit.

4 · Session

Setting	Default	What it does
Go flat by a set time	off	On = no new signals from the time below until the next day.
flat at hour (New York)	15	Hour, New York time.
minute	55	Minute.
Only signal inside a session window	off	On = signals only fire inside the hours below. A setup found outside can still fire later inside the window.
hours are in this timezone	New York	Chart, UTC, London or New York.
session start hour (0-23)	8	Window start.
session end hour (0-23)	17	Window end.

5 · Context

Setting	Default	What it does
Show resting liquidity shelves (equal H/L)	on	Draws levels where highs or lows have lined up - where stops tend to rest.
minimum equal touches to draw	2	How many equal touches make a shelf.
Equal high/low tolerance (x ATR)	0.15	How close two highs or lows must be to count as equal.
Levels stay live for (candles)	200	How long a shelf stays on the chart.
Show strong supply / demand zones	on	Draws supply and demand zones.
only displacement-backed (strong) zones	on	Only zones with a strong move away from them.
when a zone breaks	Keep as breaker	Keep it as a breaker, delete it, or leave it unchanged.
Show key levels	on	Master switch for the levels below.
previous day high / low (PDH / PDL)	on
previous week high / low (PWH / PWL)	on
midnight open (00:00 New York)	on
New York AM open (08:30 New York)	off
Show equilibrium (50% of the dealing range)	on	The midpoint between the current strong high and low.
Show the session map (overnight, opening range, IB - New York)	off	Shades the overnight session, opening range and initial balance.
Show the session VWAP (resets 18:00 New York)	off

6 · Display

Setting	Default	What it does
Show gap zones	on	Draws the fair value gaps.
Show ChoCH / BOS labels	on	Structure labels.
past ChoCH / BOS labels kept (0 = only those in use)	2	How many older labels stay.
Show strong high / low levels	on
Reveal previous strong levels on approach	on	Older strong levels reappear as price comes near.
Show the weak level (the target)	on
Draw entry / stop / target lines	on	The lines for each signal.
Keep past-trade levels on chart (review)	on	Leaves finished trades drawn so you can review them.
past signals kept on the chart	8	How many finished signals stay drawn.
shade the risk and reward	on	Shades the stop and target areas.
tag the result when a signal finishes	on	Writes the result (win / loss / BE) on the chart.
Minimum length of the level lines (candles)	30
stagger between tags (candles)	4	Spaces the price tags so they do not overlap.
De-clutter zones overlapping by this % (0 = off)	75	Zones overlapping more than this are merged visually.
Hide the lesser zone when zones overlap	on
Tag which engine fired each signal	on
Text size (all labels)	Normal	Tiny to Huge.
Stop price tags overlapping	On	Keeps tags apart.
how far apart to hold them (x ATR)	0.65

7 · Panel

Setting	Default	What it does
Show the status panel	on	The information panel on the chart.
include the bias rows	on	Shows whether each timeframe below is above or below its EMA. Read-only - it never filters a signal.
timeframe 1 / 2 / 3 (minutes)	15 / 60 / 240	The three bias timeframes.
panel bias EMA length	50
Panel position	Top left	Any corner.
Number the signal arrows	off	Numbers each signal.
Inspect signal # (0 = off)	0	Type a signal's number to see why it fired in the panel.

8 · Alerts

Setting	Default	What it does
Fire an alert on every signal	on	A NinjaTrader alert and sound on every new signal.
sound file (in NinjaTrader\sounds)	Alert1.wav
re-arm after (seconds)	10	Stops the same alert repeating.
Alert when price nears an armed entry (x ATR, 0 = off)	0.5	An early heads-up as price approaches an armed entry.
Also send to Telegram	off	Sends alerts to your own Telegram bot. Nothing is sent anywhere unless you switch this on and enter your own token and chat id.
bot token / chat id	(blank)	Your own bot's details.

9 · Colours

Up, down, bearish zones, target, structure, stop level and panel title - change any to suit your chart.

10 · Forward test

Setting	Default	What it does
Write the forward-test ledger	off	On = every signal and its result is written to a CSV in `Documents\NinjaTrader 8\PFX\`, so you can track the model live.
count signals from (date)	-	Signals before this date are not recorded.
ledger name	chart	Part of the file name, so two charts do not share one file.
also write on historical bars (backtests)	off	On = history is recorded too.