Trap Hunter Pro - NinjaTrader 8 Indicator

The Trap Hunter Pro Indicator for NinjaTrader 8 specialises in detecting liquidity sweeps (stop hunts) where price temporarily moves beyond key levels to trigger stop losses before reversing direction. The core functionality revolves around four distinct diamond-shaped signals that appear on your chart to identify these market traps.

As shown in Image 1 (pointed by white arrows), when the market sweeps below a prior low and then rejects that level, a yellow diamond appears below the bar, signalling a potential long setup. Conversely, when price sweeps above a prior high and closes back inside the range, a white diamond appears above the bar, indicating a potential short setup opportunity.

The indicator goes beyond simple sweep detection by providing reclaim confirmation signals. In Image 2 (pointed by white arrows), purple diamonds below bars confirm that price has successfully reclaimed above the swept low, validating the long setup. Blue diamonds above bars confirm that price has reclaimed below the swept high, confirming the short setup. This dual-signal approach reduces false signals and provides structured trade confirmation.

The visual framework includes shaded grey reference zones that mark the areas around prior highs and lows, providing context for potential retests and additional entry opportunities. These zones help traders visualise the key levels where liquidity typically accumulates.

Trap Hunter Pro offers comprehensive customisation through its settings panel. The Colours section allows full customisation of signal appearances, including sweep up/down bar colours and reclaim confirmation colours (highlighted by a red rectangle in Image 3). The default colour scheme uses mint cream for sweep up signals, yellow for sweep down signals, blue violet for reclaim up signals, and blue for reclaim down signals.

Image 4 displays the Signals and Visuals configuration options, highlighted by a yellow rectangle. Traders can enable pop-up and sound alerts for real-time notifications when sweeps or reclaims are detected. The bar colouring feature changes the actual price bar colours when signals occur, making them even more prominent. Reference zones can be toggled on/off, with adjustable opacity, thickness, and width parameters to suit different chart preferences.

The Parameters section, illustrated in Image 5 (highlighted by a green rectangle), controls the core detection logic. Traders can choose between "end bar high/low" or "prior swing" as reference levels, adjust the lookback period or swing strength, and set minimum wick/body ratios to filter out insignificant moves. The "require reclaim confirmation" setting ensures signals only appear after the next bar confirms the sweep by closing beyond the reference level.

With full NinjaScript source code included, advanced users can modify the detection algorithms, integrate the signals into automated strategies, or build additional features without restrictions. This complete transparency and ownership ensure the indicator can evolve with your trading needs.

If you have questions about optimal parameter settings or trade management techniques, refer to the comprehensive video tutorial above for detailed guidance on maximising Trap Hunter Pro's effectiveness in your trading approach.