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TradeOneLine 3 *
With all the talk of indicators can you trade using just a line in the sand? How about using the hourly open...

You will need the indicator from here
https://kreslik.com/forums/viewtopic.php?t=811&postdays=0&postorder=asc&start=50


Only works on time based charts. No tick, range, or volume. Change offset and width to match your particular instrument and risk tolerance.

This is about the conceptual more than the actual. The line in the sand. Pick any line you want. Draw them manually. There is nothing magical about the hourly open. Change your computer clock to be off by 20 minutes. Does this concept then suddenly stop working?

put chart template in

documents/Ninjatrader6.5/Templates/Chart

* Trade this on SIM and post your results. I think you might be surprised that you don't really need all those oscillators. Get rid of the candlesticks and just look at line chart. https://www.screencast.com/users/websouth/folders/Jing/media/0e02ba73-182b-4938-8a63-7960550b2bbc

Try it with the BigTape
https://www.screencast.com/users/websouth/folders/Jing/media/f5e920ff-6523-4567-875b-60b4978aa5ac


Category NinjaTrader 6.5 Templates 
 
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Details: TradeOneLine
Category: NinjaTrader 6.5 Templates 


September 7th, 2009
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Comments/ratings
5 * max-td September 8th, 2009 04:12 AM
Thanks a lot for your great template-ideas+ also for the link of the needed indicator. Thats always important + avoids lot of confusion!
0 * Saroj September 8th, 2009 09:24 AM
scratch all that... I don't know where I got the idea that CurrentHourOHL.cs was needed... I've tried to apply all your templates and must have got confused with another one... thanks for updating your description.
0 * Saroj September 8th, 2009 10:54 AM
What do I do to turn off all those arrows? I've tried every boolean parameter in the indicator with no luck. https://screencast.com/t/YRrRfXiKWSyG

 
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