> For the complete documentation index, see [llms.txt](https://nexgen-software-services.gitbook.io/nexgens-software-day-trading-documentation/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://nexgen-software-services.gitbook.io/nexgens-software-day-trading-documentation/indicator-packages/ninjatrader-8-indicators/1.-the-indicators.md).

# 1. The Indicators

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The T3 Fibs ProTrader Automated Fibonacci Software incorporates a range of crucial indicators, each serving a distinct purpose within the trading framework. \
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This documentation will provide you with a complete understanding of these indicators by breaking them down individually and building upon each other, unlocking our software's full potential and helping you make informed trading decisions.

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<h2 align="center">The Indicators You Will See On Your Charts</h2>

**Nexgen's T3 Trigger Lines**

* ***Small Triggers:*** These are 20-period moving averages that respond quickly to price changes, closely following price bars.​
* ***Large Triggers:*** These are 38-period moving averages that provide a broader view of market trends.​

*<mark style="color:yellow;">**Function:**</mark>* The interaction between Small and Large Triggers helps define market **trends** and **momentum**. \ <mark style="color:green;">**Green Background:**</mark> The background color changes to **green** when the smaller trigger lines intersect and cross **above** the larger trigger lines, while remaining above them.

<mark style="color:red;">**Red Background:**</mark> The background color changes to **red** when the smaller trigger lines intersect and cross **below** the larger trigger lines, while remaining below them.

<figure><img src="/files/pAb3tXXJHyZLw7joFD9O" alt=""><figcaption></figcaption></figure>

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<h3 align="center">Nexgen's Areas:</h3>

* **Fibonacci Support and Resistance Levels**

  Blue horizontal lines indicate support levels, while red horizontal lines denote resistance levels.​

  *<mark style="color:yellow;">**Function:**</mark>* These levels are automatically plotted by the software and serve as critical areas where the price may reverse or consolidate.&#x20;

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* **One-to-Ones (1:1s)**

  Yellow and magenta dots plot horizontally, where there are similar swing sizes.​

  *<mark style="color:yellow;">**Function:**</mark>* These Fibonacci-based projections identify potential support or resistance levels based on equal swing measurements.&#x20;

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* **Divergence Lines**

  Cyan or magenta horizontal lines with a negative percentage value at pivot highs or lows (e.g., 34%).​

  *<mark style="color:yellow;">**Function:**</mark>* Indicate a divergence between price and the T3 MACD BB lines, suggesting potential trend reversals or weakening momentum. ( The Negative #'s are Random )

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* **T3 Midband Line**

  A 55-period exponential moving average that changes color based on trend direction ( green for bullish momentum, magenta for bearish momentum ).​

  *<mark style="color:yellow;">**Function:**</mark>* Acts as a trend continuation level and often serves as dynamic support or resistance. ​

<div data-full-width="false"><figure><img src="/files/1E7xJXuruZse9O5SGdPa" alt=""><figcaption></figcaption></figure></div>

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