This Indicator was designed to use for Logistic Regression classification. This indicator is not optimized as it is only useful on Historic Data. The goal is to start at the newest historic point and work backwards to determine if a trade should have been made.
You can use this indicator real time and you can see it repaint. Not sure it is useful but brings a different perspective on the price action. It is based upon the "PriceActionSwing" indicator.
This indicator should export the following dataseries:
Classification: Current -1.0 = short, 0.0= Chop/sideways, 1.0 = Long
SwingPoint: 1 if at a high point, -1 at a low point, 0 otherwise; Mainly used to compute other values
BarsToSwing: Number of bars to the next swing point, indicates length of time for trend/chop
TicksProfitAtSwing: The number of Ticks of profit between the current point and the next Swing Point (potential profit), negative for short, positive for long ticks
Category NinjaTrader 7 Strategies
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