I have been studying this "phenomenon" of price action for about 5 years and managed to put this together with the help of a friend late last fall (2015)
This indicator relies on having access to Gomi binary data and will only work if you have already installed the Gomi packages [and have them working].
Unfortunately I have to offer it here as a .cs file [I am unable to offer it to you in a .zip file]
Once you copy the cs file into your [\My Documents\NinjaTrader 7\bin\Custom\Indicator] folder compile any indicator and you'll see GomUA in with your existing Gom indicators.
I like to use this on a Volume Ladder, It can be used on any timeframe you choose, it can also be used on a candle chart or bar chart if you do not use a Volume Ladder.
I have tested this on Time, Tick, Range, Reversal and Volume charts and it works fine when I confirm it on a corresponding Volume Ladder.
I have not used this on [Ultimate Renko, Better Renko or Renko [Ninja default version]] so I can not comment as to it's validity on these "exotic" bar types.
Simply put it will show where a bar has moved to an extreme and has had orders complete at both the Bid and the Ask before price moved away from that price point.
There have been numerous discussions about this over time here on futures.io and lately it is starting to become popular with some of the "platform vendors" so my apologies for not posting this earlier.
Trade well,
TGN
Category The Elite Circle
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