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irSessionSupportAndResistance 5 *
Exported using Ninja Trader 64-bit 7.0.1000.31
This indicator was developed after reading a request on the NinjaTrader Support Forum. [ here]
One of the members was looking for an indicator to show bars that made the high of the session and the low of the session.

I used to mark these by hand [drawing a rectange or lines] usually on a longer term chart, [a 15 minute for eg.]
The indicator plots the open of the "up-close" bar that makes the high of the session, it also plots the open of the "down-close" bar that makes the low of the session.

I find it helpful for delineating Supply and Demand and for a clue as to when I should change my bias from "leaning long" to "leaning short" and vice versa.

***Note*** Here is a [COLOR="Blue"]link[/COLOR] to a more detailed description of how I use this indicator.

Thanks to a friend for his help getting this to work.

Trade well, TGN


Category The Elite Circle 
 
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Details: irSessionSupportAndResistance
Category: The Elite Circle 


April 19th, 2016
Size: 5.27 KB


Keywords: supply/demand support/resistance
Comments/ratings
5 * zohar April 21st, 2016 01:52 PM
thank you
5 * rimartin May 6th, 2016 06:11 PM
Thanks
5 * romus May 8th, 2016 08:39 AM
No Comment
5 * br8080 May 10th, 2016 10:45 AM
many thanks!
5 * fxfx May 11th, 2016 12:16 PM
Excellent work! Thanks.
5 * Buscador July 28th, 2016 03:17 PM
TopGunNote.

This is a very useful tool that, like you, I update by hand every day.
It will save me tons of time.

Thanks a million.
Well done. It's obvious that TopGun is there for a reason.
5 * siroko69 March 20th, 2017 02:08 AM
this is a very useful tool do you have it for NT 8
great stuff!
5 * mfgroup June 6th, 2020 01:21 PM
Is there one for NT8?

 
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