Description

RK-Sys Platinum v4 – Ninjatrader Trend Indicator

Overview

We promised you that we would continuously improve RenkoKings’ flagship system. Do you remember?

To deliver our promise, our dev and trading teams were working hardest possible for several months in a row, going back & forth between conceptualizing, developing, backtesting, revising, forward-testing… Days and nights! We quietly executed this super tough project and kept the secret from all of you.

And… after countless hours of hard working and tireless dedication, we finally succeeded in boosting the system’s power, plus bringing much more ease of trading. In summary, we pushed the system to a whole new high level, while still keeping its core concept !!!

Then… today we are excited to introduce RK-Sys Platinum v4, the next version of its predecessor, RenkoKings Platinum 3.1 (with a slight change in the name). This latest version incorporates SIGNIFICANT upgrades that greatly enhance signal quality and introduce a more intuitive interface, making trading a breeze.

Attention: If you are looking for a robust trend-following system, a NinjaTrader trend indicator
that can reduce failed entry signals in choppy markets, then look no further than RK-System Platinum v4.

We are confident and proud to state that RK-Sys Platinum v4 is a perfect discretionary trading system that can help you reach your trading dream.

Signal Quality

Previously, the system presented many signals that traders had to filter manually based on their trading expertise. However, the upgraded version now includes advanced filtering capabilities that have drastically improved signal quality and eliminated unnecessary ones, especially in sideways conditions.

Pullback signals offered by RK-Sys Platinum v4 allows you to profit from market trends by following the well-known saying “Follow the trend”.

Why did we choose the pullback signal type over others? Because we want to ensure that your trades are executed during the most advantageous phase of the market, which is the stage when a trend has already taken shape.

What makes this phase so advantageous? During a trending market, pullback signals provide you with the following benefits:

• Secure a better entry, which leads to high rewards.
• Implement a tighter stop-loss, resulting in low risks.

The Bar Min/Max and Distance Min/Max filters will enable you to customize the area where the most reliable pullback signals appear according to your trading style and expertise.

Visual Interface

RK-Sys Platinum v4 comes with an intuitive interface that simplifies trend and signal identification, with clouds indicating Buy (green) and Sell (pink) areas. By observing the color and direction of the clouds and baseline plot, you can quickly grasp market trends.

• If the cloud and baseline are green and sloping upwards, it is a sign that the market is in an uptrend.
• If the cloud and baseline are pink and sloping downwards, it is a sign that the market is in a downtrend.

In this upgraded edition, each signal type is presented in a distinct shape and custom symbol, which makes it easy to differentiate them from each other. Moreover, you can hide any signal type that you don’t want to display on the chart.

Price Action Pullbacks

The original system (v3) generates entry signals based on 4 moving averages. In this upgrade, we added a freshly new type of pullback signals: price action pullbacks. Despite their tremendous simplicity, price action pullbacks prove reliable and productive in our backtesting. You can still get great rewards trading them alone.

In conclusion, RK-Sys Platinum v4 is a powerful discretionary trading system that offers numerous advantages to you. We believe that our system’s reliability and ease of use will help you achieve your trading goals and pave the way for long-term success.

RK-Sys Platinum v4 is a complete trading package that includes everything you need to start trading with CONFIDENCE, today:

1. MA-based pullback signals (based on moving averages)
2. PA-based pullback signals (based on price action)
3. Proprietary trending logic
4. Proprietary noise filters
5. Intuitive interface with advanced visuals
6. Speech alerts
7. Advanced markers
8. ATM templates
9. Reward/risk approach for best performance
10. Capital-management plan
11. Lifetime license
12. Lifetime update for FREE
13. Lifetime support, anytime you need
14. Free Bar Status indicator
15. Free ninZaRenko bar

Dedicated NinjaScript signals:

• Signal_PullbackMA: 1 = bullish EMA Fast, 2 = bullish EMA Slow, 3 = bullish SMA Fast, 4 = bullish SMA Slow, -1 = bearish EMA Fast, -2 = bearish EMA Slow, -3 = bearish SMA Fast, -4 = bearish SMA Slow, 0 = no signal
• Signal_PullbackPA: 1 = 1st bullish Pullback PA, 2 = 2nd bullish Pullback PA, 3 = 3rd bullish Pullback PA, -1 = 1st bearish Pullback PA, -2 = 2nd bearish Pullback PA, -3 = 3rd bearish Pullback PA, 0 = no signal
• Signal_Trend: 1 = uptrend, -1 = downtrend, 0 = no trend

Media

Renkokings RK-Sys Platinum 4

21 photos

Software Changelog

• 31 Oct 2023 – The “Marker Rendering Method” property was added.
• 18 Jun 2024 – The toggle button was added.
• 25 May 2023 – Release version 4.0 – Signal_Trend was added; BarMin, BarMax, DistanceMin, DistanceMax were added.