ADR Extensions off RTH open | Traders Hideout


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ADR Extensions off RTH open

  #4 (permalink)

New York, NY
 
Trading Experience: Beginner
Platform: NinjaTrader
Favorite Futures: NQ
 
Posts: 14 since Nov 2012
Thanks: 3 given, 4 received

Thanks for the reply. I tried investigating that indicator but it doesn't do what I am after. Thank you for the suggestion though. Essentially off the RTH opening price I'd like to plot 20%,25%, 50%, 75%, 100% of the 20 period ADR using RTH data. So for example today I have the 20ADR at 42.5 points for the NQ. So the levels were

50% = 4804
25% = 4793.5
20% = 4791.25
Open = 4782.75
20% = 4774.25
25% = 4772
50% = 4761.5

etc....

I'd like to know if there is an indicator that will plot based on those figures automatically at the open versus have to draw a fib. I don't know how to code but I suppose with some guidance I might be able to learn how to create that lol.

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