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Bar Time Indicator

Exported using NT Version 7.0.1000.9

Bar Time Indicator:
This indicator measures completion of a bar in seconds and colors a historhram based on how long it takes for the bar to complete. Red <= 10s, Cyan<=20, Blue<=30s, Orange=45s, Magenta<=60, and Black >60s. These numbers can be changed to one's liking.

Short time-bars mean a fluid market participation and movement, while tall or black bars mean a grinding and stagnating market, it is like watching grass grow (in relative terms) and time for a coffee or lunch break.

The indicator will work for any type of price bars except for real time bars (minute, hour, Day, etc.). But, it is best for short term and day trading with tick, volume, etc. bars. The indicator also draws a 60-Second horizontal line and a 9-period SMA of the time. High reading of the SMA gives a visual if the market is getting lazy. Best and less stressful is to trade when bars are short and colorful.

This indicator is intended for True Elite BMT Members, please use but do not steal to sell.

Enjoy!

Category NinjaTrader 7 Indicators

Details: Bar Time Indicator
Category: NinjaTrader 7 Indicators

March 30th, 2012
Size: 4.20 KB
Downloaded: 1345 times

Keywords: bars tick volume

Comments/ratings

maumau March 30th, 2012 04:06 PM

No Comment

john2000 March 31st, 2012 11:09 AM

This looks like a great tool. Will check it out. Thanks for sharing.

fourtiwinks April 2nd, 2012 06:57 AM

No Comment

TrendTraderBH April 6th, 2012 08:59 AM

Getting this error:

C:\Cfyjkx_E.zip.part could not be saved, because the source file could not be read.

Try again later, or contact the server administrator.

aligator April 6th, 2012 01:03 PM

Your error is not related to this indicator. You simply are missing a file "C:\Cfyjkx_E.zip" that for some reason your program is looking for. No one else get this error. To confirm, try to compile another Ninja script and see if you get the same error.

wingvoice May 30th, 2013 11:28 PM

vsltradr October 16th, 2014 12:20 AM

Very useful for short time periods.

Barnacle Bill October 23rd, 2014 10:23 PM

No Comment

ValLiant January 2nd, 2015 11:11 AM

DayTraderinAZ May 30th, 2021 01:06 PM

Is there a NinjaTrader 8 version of this indicator?

I've used it for years on NT 7, and I'm finally upgrading to NT 8.