Levels indicator | Traders Hideout

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Levels indicator

  #6 (permalink)

Melbourne, VIC, Australia
Trading Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: SPI
Posts: 123 since Dec 2010
Thanks: 140 given, 59 received

xplorer View Post
By the sound of it you are looking for the Swing indicator. It comes as standard both in NT7 and NT8.

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Thank you for response.

Probably I did not express it properly - I am looking for indicator which shows e.g. highs and lows (open and close, as additional option) of each high and each low of last No. of bars.
Say you want to see and mark levels of high and low of each Month for the last 12 months (not just 1 year high and low), then indicator could do it in a breeze. After that I could copy them (all or selected) with horizontal lines and even set them for all charts for this instrument.
Well, some of them will be swing levels.
Same can be done for Weekly charts etc. - just by changing the chart interval.
Just one of the ways to approach "market memory".

I hope this is clearer description now.

Many thanks for any help,

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