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Wide Range Body and Hidden Gaps
Hello Traders, a few months ago, a trader that I met through BigMikes turned me on to The Strategy Lab.[URL="http://www.thestrategylab.com"] There is a lot of free material there to study. The more that I read, the more that I liked the concept, so I built an indi to show the Wide Range Body (WRB) and WRB Hidden Gap. The concept is to show increasing volatility and areas of support and resistance. I encourage you to read the free material.
This NT7 indicator will work on every chart type although it does not make any sense on some range restricted charts. It colors the candle of the WRB and paints a rectangle for the WRB Hidden Gap. It also draws a vertical line for a WRB in the event that you use it on a PnF chart since there is no candle to color. You can choose the colors and audio indications for the WRB and the WRB Hidden Gap and the line width for the WRB line.
If you are interested in the WRB Zones, I have heard that there is an indi on the Strategy Lab site called Mr Zones that works fine with this indi.
Trade Well
Bob
Category
NinjaTrader 7 Indicators
Details:
Wide Range Body and Hidden Gaps
Category:
NinjaTrader 7 Indicators
January 10th, 2016
Size: 3.00 KB
Downloaded: 683 times
1698
bobc635
Comments/ratings
stef
January 10th, 2016 06:13 PM
Thanks !
tcwairoa
January 12th, 2016 05:08 AM
Nice work Bob, many thanks.
crs247
January 21st, 2016 07:55 AM
Thanks for sharing!
Bobi
January 27th, 2016 04:16 AM
THANK YOU.
ZenTrader2015
February 18th, 2017 01:30 PM
very nice indi thank you
Tangotx
November 1st, 2018 11:46 AM
Is there an NT8 version of this indi? Thanks!
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