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WiSE · Learn

Getting Started

Install WiSE, add it to a chart, and start from a preinstalled template.

The WiSE (Wizdough Second Entry) Indicator identifies more than 16 price action signals for NinjaTrader 8 — second entries, higher lows, lower highs, and failed second entries (traps). This guide takes you from download to a working chart.

Requirements

WiSE runs on NinjaTrader 8. You'll need it installed before you begin.

Install or update

  1. Download the WiSE Indicator from your dashboard or the product page
  2. In NinjaTrader's Control Center, open Tools → Import → NinjaScript Add-On... (NinjaTrader add-on installation guide)
  3. Select the downloaded .zip file. When updating, NinjaTrader asks whether to replace the existing files (WiSE, WiLicensor, the WiSE templates and sounds). Answer Yes every time. You do not need to remove the old version first.
  4. Restart NinjaTrader when it asks you to. The new version loads only after the restart.

The first time WiSE opens on a chart it asks for your email to activate the license or start a trial.

To uninstall, go to Tools → Remove NinjaScript Assembly.

Add WiSE to a chart

  1. Right-click your chart and select Indicators
  2. Find WiSE in the indicator list
  3. Click Add and configure parameters
  4. Click OK to apply

Start from a template

WiSE ships with preinstalled templates — the fastest way to a sensible setup:

  • Clean — the everyday chart. Hides a 0 and 1 that never got a 2, hides entries followed by an inside bar, and shows up to 2 entries per move.
  • Clean, strict bars — Clean plus a 30% close filter, so only strong signal bars remain.
  • Video 1 rule — Clean plus Use engulfing bars off and Require higher low on. This is the rule taught in our first second entry video.
  • Swings and legs — many higher lows and lower highs, plus trend leg numbers. Use it to read trend structure.
  • Measured move — Clean plus the measured move target: one target per side with its zigzag, and the chart panel.
  • Higher timeframe — Measured move, calculated on 10000 tick bars. Use it to trade a 2000 tick chart.
  • Full control — everything shown, for study. Too crowded for daily use, but good for learning how signals form.

From 2.04.0, WiSE ships these templates instead of the older ones.

Although WiSE works with any bar type and timeframe, it is particularly popular and optimized for:

  • Chart: ES 2000-tick
  • EMA period: 21

Video manual

Watch the full video manual for a detailed walkthrough:

Next: learn what the signals mean.

Get the product

WiSE

Master the Art of Identifying Second Entries. $25/mo · 7-day free trial.

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