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NinjaTrader 8 · Indicator · Free · v2.31

PFX SLM.Structure you can see.

A change of character, a fair value gap, price coming back to it, and a candle closing back out. PFX SLM finds that setup on your own NinjaTrader 8 chart and draws the entry, stop and target.

✓Free, no subscription✓Never places an order✓Compiled, tested build✓Micro Gold template included
Chart · PFX SLM 2.31

Example chart · not a backtest · no results shown

The model

Four steps.All four, or no signal.

Scroll through it. The chart follows you, one step at a time.

STEP 01

A change of character.

Price closes through the last swing. The trend has changed hands, and the model starts looking for a gap. Close or wick, and how big a swing counts, are your settings.

Swing sensitivity 10Close beyond: on
STEP 02

A fair value gap.

The move that broke structure leaves a three-candle gap. Too small or too large against the ATR and it's ignored, so news spikes don't arm a setup.

Min gap 0.7 × ATRMax gap 3 × ATR
STEP 03

Price comes back.

The gap is armed. When price returns and reaches the entry level inside it, the setup is live. You choose where in the gap that level sits.

Entry 60% of the gapGives up after 40 candles
STEP 04

A candle closes back out.

Confirmation. The signal fires, an alert sounds, and the entry, stop and target are drawn. What you do next is your call: it never places an order.

Trigger: confirmation closeAlert on every signal
Context on every chart

The levels that matter.Switch them on.

Signals don't happen in a vacuum. PFX SLM marks the levels traders watch. Try it: turn each kind on and off.

Example levels · example chart
The status panel

Three layers.One glance.

A small panel on the chart tells you what the model is doing right now. Pick a layer to see what it shows.

Recent signalsexample
#12 FVG BUYtarget
#11 FVG SELLstop
#10 FVG BUYexpired
Setup nowarmed
#13 FVG BUYgap armed
waiting forthe retest
entry level60% of the gap
BiasPFX SLM · MGC 3m
M15▲ above EMA
H1▲ above EMA
H4▼ below EMA
Alerts

Step away from the screen.It will tell you.

A NinjaTrader alert and sound on every signal, an early heads-up as price nears an armed entry, and, if you add your own bot, a message on your phone.

NinjaTrader · Alerts log
Alert
🔔PFX SLM

FVG BUY · MGC 3m

entry 4184.6 · example

Alert1.wav · re-arms after 10 s

9:41
Every setting, explained

Make it yours.Or leave it alone.

Ten groups, in the same order as the indicator's dialog. These are the real defaults from the manual.

Swing sensitivity10

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 levelon

On = a candle must close beyond the swing to count as a break. Off = a wick is enough.

Require a ChoCH before arming a gapon

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.

Showing 6 of 14 settings in this groupOpen the full manual ↗
Install

On your chart.In three steps.

STEP 01

Download and unzip

Inside: PFX_SLM_NT8.zip, a quick start, every setting explained and a Micro Gold template.

STEP 02

Import into NinjaTrader

Tools → Import → NinjaScript Add-On, then pick PFX_SLM_NT8.zip.

STEP 03

Add it to a chart

Minute bars, 10 to 20 days of history → Indicators → PFX SLM. Test on Sim first.

New to this? Follow the step-by-step guide →

PFX SLM draws and alerts. It never places, changes or closes an order.

The SLM family

One model.Three ways to use it.

Questions

Good to know.

Is it really free?

Yes. No trial, no lite version, no subscription. It's compiled so nobody can resell it. If it helps, you can send a coffee, but the tool is the same either way.

Does it place trades?

No. PFX SLM draws and alerts. It never places, changes or closes an order. Every decision is yours.

Which charts does it work on?

Minute bars (1, 3, 5, 15 minute and so on) with 10 to 20 days of history, so it has a full week for the weekly levels. It was built on micro futures: MGC, MNQ, MES, MCL and MYM.

Is it the same as the MT5 version?

The same model, built natively for NinjaTrader 8. The two are kept in step, so a setup reads the same way on both.

Can I see its results?

Not here. This page shows how it marks a chart, not how it performed. Test it on Sim or Playback and judge it on your own instruments.

Free download · v2.31

Put it on your chart.It's free.

Runs onMarket data

Risk warning: Trading forex, CFDs and futures is high risk and most retail traders lose money. Nothing on this site is financial advice. Past results, including backtests, do not guarantee future results. PFX SLM is a charting and alert tool, not advice. Read the full risk disclosure.